Great opportunity for developer. Homework has already been done on this one. There are 2 preliminary layouts of a 10-lot subdivision or a 25-lot subdivision. Both meet the Monroe County subdivision requirements. There has also been the soil absorption test. This land is just a few minutes from the city limits and a few miles from The Lost Sea. Great views and country setting!
Property Details
Property Features
Listing Office:
Office Name: TN Real Estate & Auction, LLC
Office Phone: (865) 573-9444
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 15.60 Acres
Other
Directions Information:
Directions: New Hwy 68 to Thompson Rd. Property is 1/4 mile on the left. Sign on property. GPS friendly!
Price Information
Listing Price Info
Price Summary:
List Price: $500,000
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Housing Market Comparison
See how this home compares to others in Madisonville, TN.
This property is $200K more than the Median Sold Price in Madisonville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1275242
Listing Office:
Office Name: TN Real Estate & Auction, LLC
Office Phone: (865) 573-9444
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.
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Madisonville Intermediate School
1000 Green Rd
Distance between this listing and this school3.55 miles
Public District Grades 3-5
3
/10
Brown Intermediate School
135 Starrett St
Distance between this listing and this school5.52 miles
Public District Grades 5-6
5
/10
Sweetwater Elementary School
301 Broad St
Distance between this listing and this school6.15 miles
Public District Grades 3-4
Nearby Schools
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school3.43 miles
Public District Grades 6-8
4
/10
Sweetwater Jr. High School
1013 Cannon Ave
Distance between this listing and this school6.08 miles
Public District Grades 7-8
5
/10
Niota Elementary School
418 N Burn Rd
Distance between this listing and this school7.82 miles
Public District Grades PK-8
Nearby Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school5.57 miles
Public District Grades 9-12
5
/10
Sweetwater High School
414 S High St
Distance between this listing and this school5.97 miles
Public District Grades 9-12
7
/10
McMinn Central High School
145 Co Road 461
Distance between this listing and this school11.30 miles
The neighbors living near this home have an average income of $56,918. Residents of Madisonville, TN typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 271 Thompson Rd
What is the listing price of this property?
The listing price of 271 Thompson Rd property is $500,000.
What type of property is this?
The property 271 Thompson Rd is land located in Madisonville, Tennessee, 37354.
Is this property for sale now?
Active Listing: 271 Thompson Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 271 Thompson Rd in Madisonville, TN and zip code 37354. This home sits on a 15.60 acre lot. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $500,000.
Over 0 listings were sold over their listed price in October 2024 in Madisonville, TN. In the same period over 7 listings were sold below the listed price and 6 listings were sold for the listed price. Between September 2024 and October 2024, Madisonville, TN real estate market has seen increase in the number of listings by 10.5%. The median list price of listings available in October 2024 was $300,000, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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