541 Neelys Bend Road

541 Neelys Bend Road in Madison, TN was first built in 1890 and is 134 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 541 Neelys Bend Road has 4,281 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,030 ft and the linear feet between the front and back of the lot is 2,700. In total, the area measurement of the land is 36,155 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 541 Neelys Bend Road was last sold in Oct 14, 2021 for $770,000. According to our calculations, that's $179.86 per sqft. Prior to that sales transaction, the property was sold for $488,000 in Jul 2, 2021. Current property owners are expected to pay $6,563 in taxes per year. The property on 541 Neelys Bend Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $201,680. To break that down further, the land itself was valued at $29,240. While improvements to the property were assessed at a total of $172,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!