by Lee Lin

See Home Value
Sevier 37862
2704 Indigo Lane
$325,000
● Land - Off Market

2704 Indigo Lane

Sevierville, TN 37862
bedrooms
Studio
bathrooms
0 Bath
$1,677
Est. Monthly

About This Property

Welcome to this picturesque 1.5-acre lot perched atop Hatcher Mountain in the charming Wears Valley of Sevierville, TN. This remarkable property offers a truly breathtaking experience with its stunning 360-degree mountain views. The site comes with a well, septic, and electric already in place from a previous home, making it ready and waiting for you to build your dream mountain retreat. Whether you envision a cozy cabin, a spacious family home, or a luxurious getaway, this lot provides the perfect canvas to bring your vision to life. Here, you'll find tranquility and natural beauty at every turn, with the ever-changing mountain vistas serving as your backdrop. Enjoy the serenity of mountain living while being just a short drive from the amenities and attractions of Sevierville, including the Great Smoky Mountains National Park. Don't miss out on the opportunity to make 2704 Indigo Lane the site of your dream mountain home. Embrace the allure of this elevated escape, where the beauty of Wears Valley unfolds in every direction, and your mountain living dreams can become a reality. Buyer to verify all information. Drone photography used.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
-
Year Built
1993

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Last updated: 20 days ago (Realtracs #RTC3550454)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Sold
Oct 16, 2023 Listed by Hometown Realty LLC $325,000
Listed by Hometown Realty LLC
Aug 3, 2023 No longer available -
No longer available
Mar 11, 2023 Listed by TN Real Estate & Auction $350,000
Listed by TN Real Estate & Auction
Own a piece of Heaven on earth with this 2.41 acre property atop Hatcher Mountain in beautiful Wears Valley. Breathtaking 360 degree mountain views. Perfect for that dream home or investment cabin. Views can be had from every room in your home. Properties with this kind of view come along very rarely. This property was a casualty of wild fires a few years ago and already has a well which will need a new pump due to the fires and already has a septic tank installed. The property also still has the original foundation and a basement foundation that could possibly be used to get a head start on that build. It is recommended that an engineer look at these remaining items before use.

Property Highlights


Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,036
  • Gross Building Area: 3,348
  • Building Area: 2,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WEARS VALLEY PROP
  • Land Acres: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: WEARS VALLEY PROP LOT 2Q

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113
  • District: 06
  • Parcel: 113-018.02
  • Lot: 2Q
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7462
  • Longitude: -83.6396

    Address

  • Full Address: 2704 Indigo Ln
  • Address - House Number: 2704
  • Address - Street Name: Indigo
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R029
  • 4-Digit Zip Code: 8345
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,752
  • Tax Year: 2023
  • Tax Amount: $7,600
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 475,418
  • High Value: 693,699
  • Low Value: 257,136

    Market Valuation

  • Market Total Value: $20,600
  • Market Land Value: $20,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,150
  • Assessed Land Value: $5,150

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35812
  • Previous Sale Recording Date: Jul 05, 1995
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 2704 Indigo Lane built and last sold?
The property at 2704 Indigo Lane was built in 1993 and last sold on Nov 30, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 2704 Indigo Lane is $328,250.
What are some comparable homes to 2704 Indigo Lane?
There are currently no comparable homes to 2704 Indigo Lane.