762 Old Tellico Highway N
Madisonville, TN, 37354 $ 750,000
Bedrooms4 Baths1.0 Sq 1,414 Monthly Estimate*
$ 4,492
for $750,000 with 4 bedrooms and 1 full bath. This 1,414 square foot home was built in 1958 on a lot size of 47.06.
Nestled in the heart of picturesque landscapes, this expansive 47.06-acre farm presents a unique blend of tranquility, functionality, and potential, ready to accommodate a variety of aspirations and lifestyles. Unrestricted land, the property serves a dual narrative of serene living and abundant opportunity. The cleared pastures, fenced and cross-fenced, are perfect for equestrian lovers or those with a passion for agriculture, ensuring a seamless blend of work, play, and relaxation. The farm's two ponds add a picturesque element, while enhancing the functionality for irrigation or livestock. Wooded areas provide a natural wonder, offering peace and privacy, as well as opportunities for outdoor recreation right in your backyard. The presence of a large barn with 4 sheds, 8 stables, a crib, and a loft with stairs will support a variety of agricultural or equestrian activities. Two smaller buildings offer additional storage. The property's inclusion in the Greenbelt program not only affirms its agricultural value but also offers financial incentives through property tax savings. With a 90' well and septic tank in place, the foundation is set for sustainable living or further development. DEVELOPERS: This is a fantastic opportunity with nearly 2000' of road frontage! City water and natural gas provided by the City of Madisonville is located all along the road, and positions this land as an excellent candidate for future projects. Additional adjoining acreage (15.3) available for purchase takes this property all the way to and across New Highway 68, providing opportunity for a mixture of residential and commercial development. Conveniently located to Madisonville, and Interstate 75, approximately 1 hour from Knoxville and Chattanooga and 2.5 hours from Atlanta and Nashville. Nearby mountains, rivers and lakes provide endless activities and adventure year-round. Farm Sold AS IS. House given little value.
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FeaturesGeneralInterior Features See Remarks
Sewer Septic Tank
Heating None
Cooling None
Utilities High Speed Internet Available Water Available Sewer Not Available Phone Available Natural Gas Available Cable Available Electricity Connected
Possession Close Of Escrow
Roof Metal Pitched
Appliances None
Exterior Features Rain Gutters
Patio/Porch Features Covered Front Porch Porch
Architectural Style Ranch
Pool Features None
Construction Materials Other
Year Built 1958
View Trees/Woods Rural Pasture Mountain(s)
Levels One
Property Subtype Single Family Residence
Community Features None
County Monroe
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N N
Other Structures Stable(s) Shed(s) Barn(s) Outbuilding
Full Baths 1
Status Active
Directions From I-75 Exit 60 take SR-68 toward Sweetwater. Travel on SR-68 for 13 miles. Turn left onto Tellico Street S. Travel 1.2 miles. Driveway entrance on right just before sharp curve.
High School Sequoyah
City Madisonville
Lot Size Units Acres
Lot Size Square Feet 2049933.6
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Madisonville Primary
Land Lease Y/N N
Tax Annual Amount 380.7
Middle/Junior High School Madisonville
Property Condition Fixer
Structure Type House
Standard Status Active
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InteriorBasement Crawl Space
Flooring Hardwood Vinyl
Air Conditioning Y/N N
Heating Y/N N
Window Features Wood Frames
Fireplace Y/N N
Half Baths 0
Laundry Features See Remarks
Total Bedrooms 4
Total Baths 1
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ExteriorFencing See Remarks
Parking Features Unpaved Driveway Gravel Off Street
Lot Features Rural Wooded Sloped Pasture Greenbelt Cleared
Water Source Well
Lot Size Area 47.06
Foundation Details Block
Lot Size Acres 47.06
Road Surface Type Asphalt
Road Frontage Type County Road
Other Equipment None
Road Responsibility Public Maintained Road
Open Parking Y/N N
Horse Y/N Y
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* Excluded FeaturesList ByLeAnne PresleyListing Agent
leannempresley@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,492
- Monthly Property Taxes
- $32
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Madisonville, TN
Average List Price $387,318
Percent of Sale Price 48%
About Madisonville, TN 4,958 Population
25% Since 2002
$ 33,163 Median Income
39.61 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
1963072 Elementary School
2912774 Middle School
Sequoyah High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/17/2025 | $750,000 | -11.76% | Price Down |
4/1/2024 | $850,000 | | Listed Price |