3 months on rocket

271 Thompson Rd, Madisonville, TN, 37354

$500,000

15.60 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s)
MLS #1275242
Lot Size15.60 Acres
StatusActive

About 271 Thompson Rd

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.

Med. Sold Price

$293.9K

Med. Price/SqFt

$184

Avg. Days On Market

96

# of Sold Homes

16

271 Thompson Rd vs Madisonville

109 DAYS ON ROCKET

+13 Days

$500,000

+$206K More

KEY TAKEAWAY

This property is $206K 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

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.

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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: 12/22/2024, 8:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

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.

Nearby Schools

school-card-donut-925966
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 3.55 miles

  • Public District Grades 3-5

school-card-donut-925967
3
/10
  • Brown Intermediate School

  • 135 Starrett St

  • 5.52 miles

  • Public District Grades 5-6

school-card-donut-925968
5
/10
  • Sweetwater Elementary School

  • 301 Broad St

  • 6.15 miles

  • Public District Grades 3-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,918. Most Madisonville, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically 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.

How much acreage is this property?

The property 271 Thompson Rd is 15.60 acres.
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Rocket HomesTennesseeMonroe CountyMadisonville37354271 Thompson Rd

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 2 listings were sold over their listed price in November 2024 in Madisonville, TN. In the same period over 13 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Madisonville, TN decreased by 3% between October 2024 and November 2024. In November 2024 median list price was $293,950 and the average listing age was 96 days.

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

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