17 days on rocket

1505 Niles Ferry Rd, Madisonville, TN, 37354

$498,700

Home List Price

$5,922*

Closing Credit

3 Bedrooms
2 Full Baths
1,936 SqFt
$258/SqFt
House
Schools Nearby

Location

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1505 Niles Ferry Rd, Madisonville$498,700

Buyer Closing Credits

$5,922*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingMain Level
Year Built1918
HeatingCentral, Forced Air, Electric
CoolingCentral Air, Window Unit(s)
FireplaceNone
MLS #1260958
Lot Size3.68 Acres
StatusActive

About 1505 Niles Ferry Rd

Looking for a turnkey homestead property? This is the one for you! A beautiful, Victorian style farmhouse with an Instagram worthy kitchen and dining room. Ground level master bedroom with a beautiful living room and separate dining. Upstairs you will find two spacious bedrooms and a full bathroom. Need extra space? There is a detached studio with electricity right outside the back door. Four raised garden beds, and three in-ground garden beds are ready for you to use. Brand new pump put in for the well. Chickens and chicken tractor will remain as well as two barn cats. There are two peach trees, two apple trees, American plum trees, blueberry bushes, Elderberry bush. Also, two young persimmon and American plum trees were recently planted. A century old pecan tree with swing located in the back, along with another brand new pecan tree planted this year. Fully fenced in pasture to save you time and money. Electricity and water in the pole barn with a stanchion and holding pen setup ready for your family dairy cow! This is your quintessential plug and play homestead, are your ready to answer the call to farms?

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1918
  • Living Area: 1,936 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced - Yard, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 3.68 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Electric
  • Cooling: Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • Sequoyah High School, Public District Grades 9-12
  • Sweetwater High School, Public District Grades 9-12
  • Madisonville Middle School, Public District Grades 6-8
  • Madisonville Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Hwy 411 S and turn left on Niles Ferry Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,700
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $703
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madisonville, TN.

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Madisonville, TN

City

Med. Sold Price

$319.9K

Med. Price/SqFt

$187

Avg. Days On Market

41

# of Sold Homes

22

1505 Niles Ferry Rd vs Madisonville

17 DAYS ON ROCKET

-24 Days

$498,700

+$178.8K More

$258/SqFt

+$70 More

KEY TAKEAWAY

This property is $178.8K more than the Median Sold Price and $70/SqFt more than other homes in Madisonville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1260958

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 10:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2020Home Sold
$254,000
Nov 29, 2018Home Sold
$80,000
Sep 11, 1992Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$703$31,400
2019$623$31,400
2018$623$31,450
2017$587$28,025

History based on county public records data.

Payment Calculator

$2,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2245700
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 2.04 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2245701
4
/10

  • Madisonville Middle School

  • 175 Oak Grove Rd

  • 2.13 miles

  • Public District Grades 6-8

High School

school-card-donut-2245702
5
/10

  • Sequoyah High School

  • 3128 Highway 411

  • 1.21 miles

  • Public District Grades 9-12

school-card-donut-2245703
5
/10

  • Sweetwater High School

  • 414 S High St

  • 9.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,304. Typical income of Madisonville, TN residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 Niles Ferry Rd

What is the listing price of this property?

The listing price of 1505 Niles Ferry Rd property is $498,700.

What type of property is this?

The property 1505 Niles Ferry Rd is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 1505 Niles Ferry Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1505 Niles Ferry Rd are:
Madisonville Intermediate School: GreatSchools Rating 5/10
Madisonville Middle School: GreatSchools Rating 4/10
Sequoyah High School: GreatSchools Rating 5/10
Sweetwater High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $703 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 4, 2020 for $254,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1505 Niles Ferry Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1505 Niles Ferry Rd is 1,936 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 Niles Ferry Rd is 1918.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›1505 Niles Ferry Rd

This home is located at 1505 Niles Ferry Rd in Madisonville, TN and zip code 37354. This 1,936 square foot home, which was built in 1918, sits on a 3.68 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $498,700.

Over 6 listings were sold over their listed price in April 2024 in Madisonville, TN. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Madisonville, TN between March 2024 and April 2024 decreased by 3%. The median list price of listings available in April 2024 was $319,900, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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