Unrestricted, hilltop property with 26x48 two-story building. Old singlewide in poor repair. Septic, city water, good address for GPS signal.
Property Details
Property Features
Listing Office:
Office Name: Norman Lee Real Estate
Office Phone: (423) 442-3944
Exterior Features
Parking Information:
Attached Garage: No
Parking: RV Access/Parking
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 2.40 Acres
Other
Directions Information:
Directions: From Madisonville turn onto New Hwy 68 towards Tellico Plains, after 1.5 miles turn right onto Old Tellico Highway. Approx .05 mile, turn right onto Old Federal Rd for one mile, property will be on the right. S.O.P.
Price Information
Listing Price Info
Price Summary:
List Price: $97,500
Tax Information:
Annual Amount: $169
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Madisonville, TN.
This property is $202.5K less 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: #1280567
Listing Office:
Office Name: Norman Lee Real Estate
Office Phone: (423) 442-3944
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.
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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 school6.17 miles
Public District Grades 3-5
3
/10
Tellico Plains Elementary School
121 Old High School Rd
Distance between this listing and this school7.04 miles
Public District Grades PK-4
3
/10
Brown Intermediate School
135 Starrett St
Distance between this listing and this school10.42 miles
Public District Grades 5-6
Nearby Schools
8
/10
Englewood Elementary School
108 College St
Distance between this listing and this school5.42 miles
Public District Grades PK-8
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school6.07 miles
Public District Grades 6-8
6
/10
Tellico Plains Junior High School
120 Old High School Rd
Distance between this listing and this school7.05 miles
Public District Grades 5-8
Nearby Schools
6
/10
Tellico Plains High School
9180 Hwy 68
Distance between this listing and this school7.64 miles
Public District Grades 9-12
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school7.68 miles
Public District Grades 9-12
7
/10
McMinn Central High School
145 Co Road 461
Distance between this listing and this school8.13 miles
The neighbors living near this home have an average income of $52,444. Most Madisonville, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 416 Old Federal Rd
What is the listing price of this property?
The listing price of 416 Old Federal Rd property is $97,500.
What type of property is this?
The property 416 Old Federal Rd is land located in Madisonville, Tennessee, 37354.
Is this property for sale now?
Active Listing: 416 Old Federal Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $169 (source: MLS/based on county public records data).
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This home is located at 416 Old Federal Rd in Madisonville, TN and zip code 37354. This home sits on a 2.40 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $97,500.
While more than 0 listings in Madisonville, TN in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Madisonville, TN between September 2024 and October 2024 increased by 10.5%. Listings spent 43 days on the market in October 2024, and had a median list price of $300,000 during the same period.
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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