762 Old Tellico Highway N Madisonville, TN $ 850,000
762 Old Tellico Highway N
$ 850,000
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762 Old Tellico Highway N

Madisonville, TN, 37354
$ 850,000
Bedrooms4 Baths1.0 Sq 1,414

Monthly Estimate*

$ 5,938

762 Old Tellico Highway N, Madisonville, TN 37354 - Image 1
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 2
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762 Old Tellico Highway N, Madisonville, TN 37354 - Image 4
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 5
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 6
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 7
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 8
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 9
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 10
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 11
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 12
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 13
762 Old Tellico Highway N, Madisonville, TN 37354 - Image 14
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Single Family Home for sale in Madisonville, TN

for $850,000 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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Single Family Active

Price

$ 850,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 380

Style

Ranch

Lot Size

47.06

Year Built

1958

Town/City

Madisonville

County/Region

Monroe

MLS | Web ID

20241286

Features
General
Interior 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 Agriculture
Community Features None
County Monroe
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures Stable(s) Shed(s) Barn(s) Outbuilding
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
View Y/N Y
Lot Size Square Feet 2049933.6
Waterfront Y/N N
Carport Y/N N
Street Name Old Tellico
Elementary School Madisonville Primary
Land Lease Y/N N
Tax Annual Amount 380.7
Middle/Junior High School Madisonville
Property Condition Fixer
Days on Market 31
Structure Type House
Standard Status Active
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Interior
Basement Crawl Space
Flooring Hardwood Vinyl
Air Conditioning Y/N N
Heating Y/N N
Window Features Wood Frames
Fireplace Y/N N
Full Baths 1
Half Baths 0
Laundry Features See Remarks
Total Bedrooms 4
Total Baths 1
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Exterior
Fencing See Remarks
Parking Features Unpaved Driveway Gravel Off Street
Lot Features 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
Lot Size Units Acres
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 Features
List By
LeAnne Presley

Listing Agent

Award Realty Ii

Broker

leannempresley@gmail.com

Email

Affordability Calculator

$5,969
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$32
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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Nearby
1963072 Elementary School
2912774 Middle School
Sequoyah High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$850,000 Listed Price

Map


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762 Old Tellico Highway N, Madisonville, TN, 37354 is a Single Family Home for sale at $850,000 with 1,414 sqft and a lot size of 47.06. 762 Old Tellico Highway N has 4 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 37354 which is in Madisonville, TN