***HUGE PRICE REDUCTION*** Investor's Special*** Under $300k!! Rare Opportunity with Bonus Lot! This spacious 5-bedroom, 3-bath home includes the adjacent lot at 615 Idlewild Ave, offering an expansive fenced yard and deck—perfect for entertaining or future expansion. Inside, you'll find charming built-ins, a cozy fireplace, and a finished basement that adds valuable living space. Recent updates include a newly tiled upstairs bathroom with a new shower, plus brand-new appliances - stove has a 3-year warranty. No HOA! Conveniently located near shopping, dining, and I-65, with quick access to downtown Nashville or the Nashville Airport in under 20 minutes.1% lender credit with use of preferred lender. Schedule a showing today and bring your design ideas!! Selling as-is and the bonus lot is not buildable, but adds additional acreage.
Under contract - showing
Price cut: $125.9K (11/7)
$299,000
401 Neelys Bend Rd, Madison, TN 37115
5beds
2,477sqft
Est.:
Single Family Residence, Residential
Built in 1939
0.5 Acres Lot
$-- Zestimate®
$121/sqft
$-- HOA
What's special
Cozy fireplaceFinished basementCharming built-insAdjacent lotExpansive fenced yardNewly tiled upstairs bathroomNew appliances
- 160 days |
- 82 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 09:08am
Listing Provided by:
Bernie Gallerani 615-438-6658,
Bernie Gallerani Real Estate 615-265-8284
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2965496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Bedroom 1
- Features: Full Bath
- Level: Full Bath
Primary bathroom
- Features: Ceramic
- Level: Ceramic
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Microwave, Refrigerator
Features
- Built-in Features, Ceiling Fan(s)
- Flooring: Carpet, Tile
- Basement: None,Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 2,477
- Total interior livable area: 2,477 sqft
- Finished area above ground: 1,847
- Finished area below ground: 630
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 1
- Patio & porch: Deck
- Fencing: Back Yard
Lot
- Size: 0.5 Acres
- Dimensions: 98 x 135
- Features: Corner Lot
- Topography: Corner Lot
Details
- Parcel number: 05201036000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Idlewood Corner
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $284,200
- Annual tax amount: $2,312
- Date on market: 8/1/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Contingent | $299,000$121/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/14/2025 | Listed for sale | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/10/2025 | Contingent | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/7/2025 | Price change | $299,000-29.6%$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 8/21/2025 | Price change | $424,900-10.5%$172/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,312 | $71,050 |
| 2023 | $2,312 | $71,050 |
| 2022 | $2,312 -1% | $71,050 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,681/mo
Principal & interest
$1439
Property taxes
$137
Home insurance
$105
Climate risks
Neighborhood: Heron Walk
Nearby schools
GreatSchools rating
- 4/10Stratton Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Madison Middle PrepGrades: 6-8Distance: 0.8 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Stratton Elementary
- Middle: Madison 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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