Welcome to the listing for 9.05 acres of land in a prime location. This land is zoned R2, making it perfect for residential development. With easy access to both Highway 411 and Highway 68, this property is convenient for commuters and travelers alike. One of the key features of this land is that it has access to water, sewer, and gas lines at the road. This makes it an ideal location for building a new home or developing a residential community. Imagine the possibilities of building your dream home on this spacious property, with all the necessary utilities readily available. This listing is truly a rare find, with 9.05 acres of prime land in a highly desirable location. Don't miss out on the opportunity to own this wonderful piece of property. Contact us today to schedule a visit and see the potential for yourself.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Main Street
Office Phone: (423) 836-9494
Lot Features
Lot Information:
Lot: Rolling/Hilly, Irregular Lot
Lot Size: 9.05 Acres
Other
Directions Information:
Directions: From Highway 411 in Madisonville, take Highway 68 South towards Tellico Plains. The property is located directly behind Hardee's & Chota Health Services. To enter the property, you will turn right at the red light at Isbill Road and continue past the Family Dollar to the property on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $299,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Madisonville, TN.
This property is $1K 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: #1242303
Listing Office:
Office Name: Realty Executives Main Street
Office Phone: (423) 836-9494
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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,560
Per Month
Principal & Interest
$1,493
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$963
Powered By
Advertisement
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.
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 school2.54 miles
Public District Grades 3-5
3
/10
Brown Intermediate School
135 Starrett St
Distance between this listing and this school7.86 miles
Public District Grades 5-6
5
/10
Sweetwater Elementary School
301 Broad St
Distance between this listing and this school8.56 miles
Public District Grades 3-4
Nearby Schools
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school2.43 miles
Public District Grades 6-8
8
/10
Englewood Elementary School
108 College St
Distance between this listing and this school8.31 miles
Public District Grades PK-8
4
/10
Sweetwater Jr. High School
1013 Cannon Ave
Distance between this listing and this school8.57 miles
Public District Grades 7-8
Nearby Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school4.22 miles
Public District Grades 9-12
5
/10
Sweetwater High School
414 S High St
Distance between this listing and this school8.46 miles
Public District Grades 9-12
6
/10
Tellico Plains High School
9180 Hwy 68
Distance between this listing and this school10.04 miles
The neighbors living near this home have an average income of $52,444. Most Madisonville, TN residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 450 Isbill Rd Unit 1
What is the listing price of this property?
The listing price of 450 Isbill Rd Unit 1 property is $299,000.
What type of property is this?
The property 450 Isbill Rd Unit 1 is land located in Madisonville, Tennessee, 37354.
Is this property for sale now?
Active Listing: 450 Isbill Rd Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 450 Isbill Rd Unit 1 is 9.05 acres.
Interested in 450 Isbill Rd Unit 1? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 450 Isbill Rd Unit 1 in Madisonville, TN and zip code 37354. This home sits on a 9.05 acre lot. It has been listed on Rocket Homes since October 09, 2023 and is currently priced at $299,000.
In October 2024, from all listings sold in Madisonville, TN there were more than 0 sold above asking price, over 7 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, Madisonville, TN real estate market has seen increase in the number of listings by 10.5%. While the average time on the market in October 2024 was 43 days, the median list price was $300,000.
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. 
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country