This is Unrestricted cleared property off Niles Ferry road, city water, power, and phone utilities are at the roadside. Excellent development potential! This property is not even 3 miles from Madisonville and 5 from Vonore. The great Smokey Mountains are right around the corner! Just a short drive to the skyway, or the Tellico River! This property currently doesn't have an address, but the address for the property across the street is 1573 Niles Ferry Road Madisonville, TN 37354
Property Details
Property Features
Listing Office:
Office Name: Lakefront Living, On the Lake
Office Phone: (423) 519-3258
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 12.00 Acres
Other
Directions Information:
Directions: Take Niles Ferry Road by Veterans Memorial Flag in Madisonville then head East, and drive 2.5 miles to your destination on the right. Sign on Property.
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
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 $125K 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: #1267363
Listing Office:
Office Name: Lakefront Living, On the Lake
Office Phone: (423) 519-3258
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.
$2,189
Per Month
Principal & Interest
$2,122
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
$1,341
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 school2.29 miles
Public District Grades 3-5
4
/10
Vonore Elementary School
1135 Highway 411
Distance between this listing and this school5.78 miles
Public District Grades PK-4
3
/10
Brown Intermediate School
135 Starrett St
Distance between this listing and this school9.05 miles
Public District Grades 5-6
Nearby Schools
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school2.39 miles
Public District Grades 6-8
6
/10
Vonore Middle School
414 Hall St
Distance between this listing and this school6.29 miles
Public District Grades 5-8
4
/10
Sweetwater Jr. High School
1013 Cannon Ave
Distance between this listing and this school10.01 miles
Public District Grades 7-8
Nearby Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school1.26 miles
Public District Grades 9-12
5
/10
Sweetwater High School
414 S High St
Distance between this listing and this school9.91 miles
Public District Grades 9-12
6
/10
Tellico Plains High School
9180 Hwy 68
Distance between this listing and this school11.18 miles
The neighbors living near this home have an average income of $48,304. Residents of Madisonville, TN typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1582 Niles Ferry Rd
What is the listing price of this property?
The listing price of 1582 Niles Ferry Rd property is $425,000.
What type of property is this?
The property 1582 Niles Ferry Rd is land located in Madisonville, Tennessee, 37354.
Is this property for sale now?
Active Listing: 1582 Niles Ferry Rd is For Sale (Active/New) which means the seller is accepting offers.
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 1582 Niles Ferry Rd in Madisonville, TN and zip code 37354. This home sits on a 12.00 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $425,000.
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. In October 2024 in Madisonville, TN there were 10.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market 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. 
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Chevrolet
Classic Country
New Country