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
$201,300 Zestimate®
$181/sqft
$1,699 Estimated rent
Home value
$201,300
$189,000 - $213,000
$1,699/mo
Zestimate® history
Owner options
List your home for rent
$1,699/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,699/mo
Rent Zestimate®
Refinance and save
$1,279/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,279/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Half an acre
Zillow last checked:
Listing updated:
Listed 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 & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $199,800
- Annual tax amount: $514
- Date on market: 5/8/2025
- Electric utility on property: Yes
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 | ||
| 12/2/2022 | Pending sale | $219,900+83.3%$197/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2458974 Report a problem | ||
| 11/17/2017 | Sold | $120,000-3.8%$108/sqft |
Source: Public Record Report a problem | ||
| 11/2/2017 | Listed for sale | $124,700$112/sqft |
Source: Vision Realty Partners, LLC #1877406 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,390 +170.2% | $49,950 +183.8% |
| 2024 | $514 | $17,600 |
| 2023 | $514 | $17,600 |
| 2022 | $514 -1.1% | $17,600 |
| 2021 | $520 -38.7% | $17,600 -21.3% |
| 2020 | $848 +37.5% | $22,375 |
| 2019 | $616 | $22,375 |
| 2018 | $616 | $22,375 |
| 2017 | $616 | $22,375 +92.1% |
| 2016 | $616 +34.8% | $11,650 |
| 2015 | $457 | $11,650 |
| 2014 | $457 | $11,650 |
| 2013 | -- | $11,650 -5.1% |
| 2012 | -- | $12,275 |
| 2011 | -- | $12,275 |
| 2010 | -- | $12,275 |
| 2009 | -- | $12,275 -5.2% |
| 2008 | -- | $12,950 |
| 2007 | -- | $12,950 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Neelys Bend
Nearby homes
- $340,700-- bd-- ba1.9k sqft1536 Neelys Bend Rd, Madison, TN 37115Off Market
- $767,5004 bd5 ba2.7k sqft1532 Neelys Bend Rd, Madison, TN 37115Sold
- $--0.58 Acres1532 Neelys Bend, Madison, TN 37115Off Market
- $616,3003 bd2 ba2.7k sqft1537 Neelys Bend Rd, Madison, TN 37115Off Market
- $125,000-- bd-- ba-- sqft1533 Neelys Bend Rd, Madison, TN 37115Off Market
- $762,8004 bd3 ba3.5k sqft672 Hidden Acres Dr, Madison, TN 37115Off Market
- $3,500-- bd-- ba-- sqft672 Hidden Acres Dr, Madison, TN 37115Off Market
- $589,9003 bd2 ba1.4k sqft1544 Neelys Bend Rd, Madison, TN 37115For Sale
Nearby schools
GreatSchools rating
- 3/10Neely's Bend Elementary SchoolGrades: PK-7Distance: 0.9 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.
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
$201,300
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
$201,300
- Tennessee
- Davidson County
- Nashville
- 37115
- Neelys Bend
- 1538 Neelys Bend Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Nashville Topics
