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Sevier 37862
2862 Indigo Lane
Photo of 2862 Indigo Lane
Sold on Oct 13, 2025

29

Map

Photo of 2862 Indigo Lane
Photo of 2862 Indigo Lane
$760,000
● House - Off Market

2862 Indigo Lane

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,808 Ft²
$4,154
Est. Monthly

About This Property

Experience the perfect blend of rustic charm and modern luxury in this stunning 3-bedroom cabin, designed for both comfortable living and a high-end investment property. Floor-to-ceiling glass gables flood the open-concept great room with natural light and frame sweeping mountain vistas. Elegant granite countertops, stacked-stone fireplaces, and high-definition TVs in every room ensure both style and entertainment. Step outside to two spacious decks-one with a private hot tub-where you can unwind under the stars or sip morning coffee with panoramic views. Downstairs, a dedicated game area with a pool table invites friendly competition. Whether you're seeking a serene personal getaway or a turnkey rental property, this cabin delivers on every level. Schedule your showing today!
Unit Size
1,808 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$442
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3304892)

Price History

Date / Event Date Event Price
Oct 13, 2025 Sold
Premium
Sold
Sep 7, 2025 In contract -
In contract
May 11, 2025 Listed by Real Broker $799,000
Listed by Real Broker
Experience the perfect blend of rustic charm and modern luxury in this stunning 3-bedroom cabin, designed for both comfortable living and a high-end investment property. Floor-to-ceiling glass gables flood the open-concept great room with natural light and frame sweeping mountain vistas. Elegant granite countertops, stacked-stone fireplaces, and high-definition TVs in every room ensure both style and entertainment. Step outside to two spacious decks—one with a private hot tub—where you can unwind under the stars or sip morning coffee with panoramic views. Downstairs, a dedicated game area with a pool table invites friendly competition. Whether you're seeking a serene personal getaway or a turnkey rental property, this cabin delivers on every level. Schedule your showing today!

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 904
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 1,808
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: KLUG PROPERTY
  • Land Acres: 0000001390
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: KLUG PROPERTY PB 34 PG 265 LOT TR-2

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113
  • District: 06
  • Subdivision Tract Number: 2
  • Parcel: 113-016.06
  • Lot: TR-2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7416
  • Longitude: -83.6415

    Address

  • Full Address: 2862 Indigo Ln
  • Address - House Number: 2862
  • Address - Street Name: Indigo
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 904
  • Tax Year: 2023
  • Tax Amount: $275,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 554,999
  • High Value: 809,818
  • Low Value: 300,179

    Market Valuation

  • Market Total Value: $466,000
  • Market Land Value: $71,500
  • Market Improvement Value: $394,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $186,400
  • Assessed Land Value: $28,600
  • Assessed Improvements Value: $157,800

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20035150
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Sevier

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1887 ft²

Average Home Age

22.8 years

Currently For Sale

2359 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Clarke Tefft, Real Broker
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3304892
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2862 Indigo Lane built and last sold?
The property at 2862 Indigo Lane was built in 2021 and last sold on Oct 9, 2020 for $80,000.
How much is this home worth?
The estimated value of the home located at 2862 Indigo Lane is $795,894.
What are some comparable homes to 2862 Indigo Lane?
There are currently no comparable homes to 2862 Indigo Lane.
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