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5128 New Highway 68, Madisonville, TN, 37354

$1,195,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
6,612 SqFt
$181/SqFt
House

Location

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5128 New Highway 68, Madisonville$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Garage Door Opener, Attached
Attached Garage2 spaces
Year Built2000
HeatingNatural Gas, Central
CoolingCeiling Fan(s), Central Air, Multi Unit(s)
BasementYes
FireplaceGas, Gas Log
ViewMountain(s)
MLS #20245242
Lot Size1.60 Acres
StatusActive

About 5128 New Highway 68

Your Dream Home Awaits! Step into luxury with the stunning 6534 SQFT home nestled on 1.6 acres of serene beauty. This home is entertainment-ready with lots of spaces to accommodate a crowd. It has been recently remodeled and combines modern elegance with timeless charm offering the perfect balance of style, comfort, and space. Features you will love: a bright, open gourmet kitchen with custom cabinetry, a large luxurious main suite with a spa-like bathroom, a walk-in closet, multiple living areas to include a breakfast nook, eat-in kitchen island, dining room, large family room, a smaller living room, 4 spacious bedrooms, a grand home theater, home office, home gym, 2 kitchens, 2 laundry rooms, a large rec room, 2 car garage, large deck and more. The location is also a big plus as it is 5 minutes from a 9-hole golf course, 5 minutes from Kefauver park and walking trails, 10 minutes from the Monroe County Airport which has a 3600 ft runway and hangers, 15 minutes from the Tellico River and the Cherokee National Forest, 20 minutes from the Ocoee River, 15 minutes from Vonore Lake, 15 minutes from I-75, and 50 minutes from McGhee-Tyson Airport in Knoxville, TN. Some photos have been virtually staged.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2000
  • Stories: 1
  • Living Area: 6,612 SqFt

Listing Office:

  • Office Name: Weichert REALTORS - SEM Associates -Cleveland
  • Office Phone: (423) 380-8872
  • Listing Agent: Dottie Sneed

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile
  • Interior: In-Law Floorplan, Walk-In Closet(s), Tray Ceiling(s), Storage, Soaking Tub, Pantry, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen, Double Vanity, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding
  • Fireplace: Gas, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Driveway, Garage Door Opener, Attached

Lot Features

Lot Information:

  • Lot: Level, Landscaped
  • Lot Size: 1.60 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s), Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: Take I-75 N to the Sweetwater exit 60, right on New Highway 68, home on right, see sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $3,928
  • 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

$296.1K

Med. Price/SqFt

$184

Avg. Days On Market

39

# of Sold Homes

8

5128 New Highway 68 vs Madisonville

35 DAYS ON ROCKET

-4 Days

$1,195,000

+$898.9K More

$181/SqFt

-$4 Less

KEY TAKEAWAY

This property is $898.9K more than the Median Sold Price and $4/SqFt less than other homes in Madisonville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RiverCounties
  • MLS Number: #20245242

Listing Office:

  • Office Name: Weichert REALTORS - SEM Associates -Cleveland
  • Office Phone: (423) 380-8872
  • Listing Agent: Dottie Sneed

Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 6:16:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,928$127,250
2019$3,597$127,250
2018$3,597$127,250
2017$3,746$124,675

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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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.

Nearby Schools

school-card-donut-2554647
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 3.24 miles

  • Public District Grades 3-5

school-card-donut-2554648
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 8.28 miles

  • Public District Grades PK-4

school-card-donut-2554649
3
/10

  • Brown Intermediate School

  • 135 Starrett St

  • 8.82 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,444. The majority of Madisonville, TN residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5128 New Highway 68

What is the listing price of this property?

The listing price of 5128 New Highway 68 property is $1,195,000.

What type of property is this?

The property 5128 New Highway 68 is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 5128 New Highway 68 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 $3,928 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5128 New Highway 68 has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5128 New Highway 68 is 6,612 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5128 New Highway 68 is 2000.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›5128 New Highway 68

This home is located at 5128 New Highway 68 in Madisonville, TN and zip code 37354. This 6,612 square foot home, which was built in 2000, sits on a 1.60 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $1,195,000.

Madisonville, TN housing market in December 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. The number of homes for sale in Madisonville, TN decreased by 14% between November 2024 and December 2024. While the average time on the market in December 2024 was 39 days, the median list price was $296,100.

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

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