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  • $449,900

    283 Markum Ln, Spencer, TN 38585

    3beds
    2,569sqft
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    Single Family Residence, Residential
    Built in 2023
    3 Acres Lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Two spring-fed pondsGated entranceQuality solid wood constructionFirepit areaSpacious pantryCustom-built countertopsUnique spiral staircases
    Tucked away just minutes from Fall Creek Falls State Park, this gorgeous cabin offers the perfect investment or flexible living opportunity. This property is situated on a gated, fully fenced mini farm with two spring-fed ponds, a workshop, and over 1,100 sq. ft. of wraparound porch space, it has excellent Airbnb/short-term rental potential and an ideal layout for multi-generational living or guest quarters with a secondary kitchen. The unique spiral staircases add architectural charm and can easily be converted to traditional stairs if desired. Home Features: Quality solid wood construction with 6" seamless gutters, energy-efficient LED lighting, and current termite/pest service. The basement includes a secondary kitchen, while the 616 sq. ft. loft offers a sitting area, bedroom space, and plumbing for a future half bath. The main-level primary suite includes washer/dryer hookups. Kitchen: Custom-built countertops and a spacious pantry. Interior: Open-concept living area with vaulted ceilings and abundant natural light. Bathrooms: Walk-in showers with modern fixtures. Outdoor Living: More than 1,100 sq. ft. of wraparound porch space with stainless steel cable railings, and a new dock overlooking one of the spring-fed ponds—perfect for relaxing, fishing, or enjoying the peaceful setting. Garage & Workshop: The 24x40 insulated detached garage/shop includes a 16x40 lean-to and 200-amp service. A new 24x30 garage/shop addition is underway with a 4,000 PSI fiber-reinforced concrete slab already poured, offering even more space for vehicles, equipment, or hobbies. Land & Setting: A gated entrance leads to a fully fenced property with a private road circling the land, two spring-fed ponds, and a firepit area.
    24 days
    |
    1,524
    |
    132
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Paddi Smith 931-808-1510,

    Jones & Co. Real Estate 931-808-8442

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3250991MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 1
      Heating
      • Other
      Cooling
      • Electric
      Appliances
      • Included: Electric Oven, Electric Range
      Features
      • Flooring: Concrete, Laminate
      • Basement: Full,Finished
      Interior area
      • Total structure area: 2,569
      • Total interior livable area: 2,569 sqft
      • Finished area above ground: 1,624
      • Finished area below ground: 945

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 2
      Lot
      • Size: 3 Acres
      Details
      • Parcel number: 048 02606 000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Wood Siding
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Spencer

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $132,300
      • Annual tax amount: $794
      • Date on market: 6/26/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Listed for sale$449,900-1.1%$175/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3250991 Report a problem
        6/25/2026Listing removed$455,000$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3173075 Report a problem
        4/11/2026Listed for sale$455,000-0.9%$177/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3173075 Report a problem
        7/4/2025Listing removed$459,000$179/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2775144 Report a problem
        4/13/2025Price change$459,000-2.1%$179/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2775144 Report a problem
        1/6/2025Listed for sale$469,000$183/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2775144 Report a problem
        8/17/2024Listing removed$469,000$183/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2685283 Report a problem
        7/30/2024Listed for sale$469,000$183/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2685283 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$794 $33,075
        2024$794 $33,075
        2023$794 +818.7%$33,075 +818.8%
        2022$86 $3,600
        2021-- $3,600 -4.6%
        2020$87 $3,775
        2019$87 +19.7%$3,775
        2018$73 -0.2%$3,775
        2017$73 $3,775
        2016$73 $3,775
        2015$73 $3,775
        2014$73 +17.3%$3,775 +11%
        2013$62 +9.6%$3,401
        2012$57 0%$3,401
        2011$57 +16.8%$3,401
        2010$49 $3,401
        2009$49 $3,401
        2008-- $3,401 -8.9%
        2007$81 $3,735
        2006$81 +175.7%$3,735 +149%
        2005$29 $1,500
        2004$29 $1,500
        2002$29 $1,500 +15.4%
        2001-- $1,300 -75%
        2000-- $5,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38585

        Getting around

        2 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spencer Elementary
        • Middle: Van Buren Co High School
        • High: Van Buren Co 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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