Active

$399,000

500 Grand Lagoon, Madison, TN 37115

3beds

1,410sqft

$2,434/mo

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Single Family Residence, Residential

Built in 2000

5,227 Square Feet Lot

$-- Zestimate^®

$283/sqft

$-- HOA

What's special

Beautiful 1.5 story single family home featuring 3 spacious bedrooms & 2.5 bathrooms. This well maintained home offers an inviting floor plan with elegant hardwood floors and tile flooring throughout the main level, complemented by comfortable carpeting in the bedrooms. Primary suite includes a generous walk in closet, providing ample storage space. Additional highlights includes 2 car garage and thoughtfully designed living spaces that combine comfort and functionality. Property is currently tenant occupied and generates $2,200 per month in rental income on a month to month lease, offering flexibility for both investors and owner occupants. This home presents an excellent opportunity for those seeking quality or immediate income potential.

64 days

143

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bedroom 1

Features: Full Bath
Level: Full Bath
Area: 204 Square Feet
Dimensions: 17x12

Bedroom 2

Area: 120 Square Feet
Dimensions: 12x10

Bedroom 3

Area: 228 Square Feet
Dimensions: 12x19

Primary bathroom

Features: Ceramic
Level: Ceramic

Kitchen

Features: Pantry
Level: Pantry
Area: 208 Square Feet
Dimensions: 13x16

Living room

Features: Combination
Level: Combination
Area: 255 Square Feet
Dimensions: 15x17

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Oven, Electric Range
Laundry: Electric Dryer Hookup

Features

Flooring: Carpet, Wood, Tile
Basement: Crawl Space

Interior area

Total structure area: 1,410
Total interior livable area: 1,410 sqft
Finished area above ground: 1,410

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Deck

Lot

Size: 5,227 Square Feet
Dimensions: 30 x 95

Details

Parcel number: 052080A30000CO
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Brick, Vinyl Siding

Condition

New construction: No
Year built: 2000

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available

Community & HOA

Community

Subdivision: Heron Walk

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $283/sqft
Tax assessed value: $354,800
Annual tax amount: $2,468
Date on market: 6/19/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/3/2026	Listed for sale	$399,000+115.7%$283/sqft
Source: RealTracs MLS as distributed by MLS GRID #3245930 Report a problem
4/27/2018	Sold	$185,000-7.5%$131/sqft
Source: RealTracs MLS as distributed by MLS GRID #1903825 Report a problem
3/6/2018	Pending sale	$200,000$142/sqft
Source: Nashville - Hendersonville #1903825 Report a problem
3/5/2018	Listed for sale	$200,000$142/sqft
Source: Nashville - Hendersonville #1903825 Report a problem
3/1/2018	Pending sale	$200,000$142/sqft
Source: Nashville - Hendersonville #1903825 Report a problem
3/1/2018	Listed for sale	$200,000+42.9%$142/sqft
Source: Nashville - Hendersonville #1903825 Report a problem
4/9/2015	Sold	$140,000+0.6%$99/sqft
Source: Public Record Report a problem
11/27/2007	Sold	$139,200+40.7%$99/sqft
Source: Public Record Report a problem
7/5/2000	Sold	$98,900$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,468 +32.5%	$88,700 +39.2%
2024	$1,862	$63,725
2023	$1,862	$63,725
2022	$1,862 -1.1%	$63,725
2021	$1,882 +19.3%	$63,725 +53%
2020	$1,578 +37.5%	$41,650
2019	$1,147	$41,650
2018	$1,147	$41,650
2017	$1,147	$41,650 +25.7%
2016	$1,147 -11.7%	$33,125
2015	$1,300	$33,125
2014	$1,300	$33,125
2013	--	$33,125 +3.8%
2012	--	$31,900
2011	--	$31,900
2010	--	$31,900
2009	--	$31,900 +5.7%
2008	--	$30,175
2007	--	$30,175
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Heron Walk

Getting around

1 / 100

Car-Dependent

17 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Neely's Bend Elementary School
Grades: PK-7Distance: 0.8 mi
4/10
Hunters Lane Comp High School
Grades: 9-12Distance: 4.8 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.