Great opportunity for a new home site with a unique piece of local history! This level lot features beautiful, mature trees and an older home with power and water already in place. An easement driveway provides access to Rocky Springs Road. The property also includes a 20x20 garage and well house. No known restrictions or zoning.
The home has been part of the Wilburn family story for more than seven decades. In 1942, Zeek and Elvie Wilburn purchased the home and 14 acres for $800. At the time, the home was approximately 12 years old. The Wilburn family continued to own and care for a portion of the original 14 acres for generations. In 2020, after 78 years with the Wilburn family, the home was sold to a neighboring family.
Bring your vision and make this property your own while becoming part of its long history. Whether you're looking for a new homesite or an opportunity to restore and preserve a piece of the property's past, this one is worth a look!
Active
$87,500
524 Rocky Springs Rd, Madisonville, TN 37354
3beds
1,200sqft
Single Family Residence, Residential
Built in 1930
0.8 Acres Lot
$-- Zestimate®
$73/sqft
$-- HOA
What's special
Beautiful mature treesLevel lotWell house
- 12 days
- 1,086
- 92
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James Lee 423-442-3945,
Norman Lee Real Estate Broker & Auctioneer 423-442-3945
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3548047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Other
Cooling
- None
Features
- Flooring: Wood
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Covered
Lot
- Size: 0.8 Acres
- Dimensions: 118 x 285 x 138 x 298
- Features: Level
- Topography: Level
Details
- Additional structures: Storage
- Parcel number: 080 01100 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Other
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $38,700
- Annual tax amount: $147
- Date on market: 9/14/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $87,500+75%$73/sqft |
Source: | ||
| 8/13/2026 | Sold | $50,000+233.3%$42/sqft |
Source: Public Record Report a problem | ||
| 6/4/2020 | Sold | $15,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $147 | $9,675 |
| 2024 | $147 | $9,675 |
| 2023 | $147 +4.4% | $9,675 +53.6% |
| 2022 | $141 | $6,300 |
| 2021 | $141 | $6,300 |
| 2020 | $141 +15% | $6,300 +1.6% |
| 2019 | $123 | $6,200 |
| 2018 | $123 -0.2% | $6,200 +8.3% |
| 2017 | $123 +2.6% | $5,725 |
| 2016 | $120 | $5,725 |
| 2015 | $120 -0.2% | $5,725 -0.2% |
| 2014 | $120 | $5,736 |
| 2013 | $120 | $5,736 |
| 2012 | -- | $5,736 -19.7% |
| 2011 | $139 -42.8% | $7,139 -53.7% |
| 2010 | $243 | $15,407 |
| 2009 | $243 0% | $15,407 |
| 2008 | $243 | $15,407 |
| 2007 | -- | $15,407 +27.8% |
| 2006 | $233 +14.9% | $12,056 |
| 2005 | $203 +2.3% | $12,056 +16.3% |
| 2004 | $198 | $10,367 |
| 2002 | $198 | $10,367 |
| 2001 | -- | $10,367 -70.1% |
| 2000 | -- | $34,674 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37354
Nearby schools
Schools provided by the listing agent
- Elementary: Madisonville Intermediate School
- Middle: Madisonville Middle School
- High: Sequoyah 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.






