Opportunity in Prime Location! Set on just over half an acre in fast-growing Madison, this property is ideal for buyers or investors ready to update and add value. The roof is only one year old. Located just 15 minutes from downtown Nashville and under 20 minutes from the airport, with quick access to I-65, I-40, and I-24, the convenience is hard to beat. The home needs work and is being sold as-is, but with the right vision, it has great potential in the thriving Madison community. Sale includes parcels 063-00-0-009.00 and 063-00-0-008.00. (Combined is .52 acres!) Zoned Commercial — Endless Potential! Commercial MLS 2882180
Closed
$202,000
1538 Neelys Bend Rd, Madison, TN 37115
2beds
1,115sqft
Single Family Residence, Residential
Built in 1920
0.52 Acres Lot
$200,100 Zestimate®
$181/sqft
$1,679 Estimated rent
Home value
$200,100
$190,000 - $210,000
$1,679/mo
Zestimate® history
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What's special
Zillow last checked: 13 hours ago
Listing updated: July 24, 2025 at 07:51am
Listing Provided by:
Alana LeBlanc 615-856-8258,
New Era Realty
Bought with:
Julie Ricciardi, 363037
simpliHOM
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2868306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Electric Oven, Refrigerator
Features
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,115
- Total interior livable area: 1,115 sqft
- Finished area above ground: 1,115
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.52 Acres
- Dimensions: 38 x 274
- Features: Level
Details
- Parcel number: 06300000800
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Location
- Region: Madison
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $202,000-15.8%$181/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2868306 Report a problem | ||
| 7/9/2025 | Contingent | $239,900$215/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2868306 Report a problem | ||
| 6/9/2025 | Price change | $239,900-4%$215/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2868306 Report a problem | ||
| 5/8/2025 | Listed for sale | $249,900+24.9%$224/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2868306 Report a problem | ||
| 12/7/2022 | Sold | $200,000-9%$179/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2458974 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $514 | $17,600 |
| 2023 | $514 | $17,600 |
| 2022 | $514 -1.1% | $17,600 |
Find assessor info on the county website
Neighborhood: Neelys Bend
Nearby schools
GreatSchools rating
- 3/10Neely's Bend Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Dupont Hadley Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Neely's Bend Elementary
- Middle: Neely's Bend Middle
- High: Hunters Lane Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$200,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$200,100