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  • Price cut: $3.1K (6/20)
    $147,900

    538 Mount Nebo Rd, Iron City, TN 38463

    --beds
    --baths
    2Acres
    Unimproved Land
    Built in ----
    2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Well Below Recent Appraised Value Now offered at $147,900 Bring All Offers and proof of funds. Excellent value-add opportunity situated on approximately 2 unrestricted acres in Iron City, Tennessee. Whether you're an investor, renovator, landlord, or owner-occupant seeking to build equity, this property offers significant potential at an attractive price point. The existing floor plan may allow for conversion of the attached 2-car garage into additional living space, potentially creating a 4th or 5th bedroom, subject to buyer verification, approvals, and intended use. To provide additional purchasing flexibility, the seller may consider a short-term lease with an option to purchase, subject to seller approval, a non-refundable option fee of 10%, and mutually agreed-upon terms. Conveniently located near the Tennessee/Alabama state line, the property is served by Lawrenceburg Power and Iron City Water. No known deed restrictions. Contractor repair estimate available upon request. Property is being sold AS-IS. Owner/Agent. Seller welcomes all offers. Buyer to independently verify all information deemed important, including but not limited to square footage, acreage, zoning, restrictions, utilities, school zones, room count, financing suitability, Auction Information and intended use. Seller makes no representations or warranties regarding condition, future use, development potential, or possible improvements.
    87 days
    |
    432
    |
    17
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shavonda M. Polk 615-933-5157,

    Polk Property Real Estate 931-292-0813

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3164464MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: City
      Lot
      • Size: 2 Acres
      • Features: Cleared, Level
      • Topography: Cleared,Level
      Details
      • Parcel number: 156 06202 000
      • Zoning: Residental
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Near /Tn Alabama Line
      HOA
      • Has HOA: No
      Location
      • Region: Iron City

      Financial & listing details

      • Tax assessed value: $164,100
      • Annual tax amount: $825
      • Date on market: 3/28/2026
      • Inclusions: Land And Buildings
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/20/2026Price change$147,900-2.1%
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        6/19/2026Price change$151,000-0.7%
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        5/24/2026Price change$152,000-1.9%
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        5/16/2026Listed for sale$155,000
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        5/1/2026Listing removed$155,000
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        4/29/2026Price change$155,000-0.6%
        Source: RealTracs MLS as distributed by MLS GRID #3164483 Report a problem
        4/20/2026Price change$155,8990%
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        4/6/2026Price change$155,900-6.9%
        Source: RealTracs MLS as distributed by MLS GRID #3164483 Report a problem
        3/31/2026Price change$167,500-1.4%
        Source: RealTracs MLS as distributed by MLS GRID #3164483 Report a problem
        3/29/2026Listed for sale$169,900-2.7%
        Source: RealTracs MLS as distributed by MLS GRID #3164464 Report a problem
        3/23/2026Listing removed$174,600
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/21/2026Price change$174,600-0.2%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/18/2026Price change$174,900-0.1%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/16/2026Price change$174,9990%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/12/2026Price change$175,000-2.7%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/6/2026Price change$179,8990%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        3/3/2026Price change$179,900-1.2%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        2/26/2026Price change$182,000-0.3%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        2/22/2026Price change$182,500-0.8%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        2/20/2026Price change$184,000-0.5%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        2/15/2026Price change$184,900-0.1%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        2/5/2026Price change$185,000-1.3%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        1/23/2026Price change$187,500-4.1%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        1/17/2026Listed for sale$195,500+2.9%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        1/9/2026Listing removed$189,899+58.2%
        Source: RealTracs MLS as distributed by MLS GRID #3038974 Report a problem
        11/26/2025Sold$120,000+37.1%
        Source: Public Record Report a problem
        2/8/2019Sold$87,500+5.4%
        Source: RealTracs MLS as distributed by MLS GRID #1940832 Report a problem
        5/23/2007Sold$83,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$825 $41,025
        2024$825 $41,025
        2023$825 $41,025
        2022$825 +35.3%$41,025 +99.2%
        2021$610 $20,600
        2020$610 $20,600
        2019$610 +17.7%$20,600 +17.7%
        2018$518 0%$17,500
        2017$518 $17,500
        2016$518 +8.1%$17,500
        2015$479 -0.7%$17,500 -0.7%
        2014$483 $17,625
        2013$483 $17,625
        2011$483 $17,625
        2010$483 $17,625
        2009-- $17,625 +30.6%
        2008$408 $13,500
        2007$408 $13,500
        2006$408 +9.8%$13,500
        2005$371 $13,500
        2004$371 +5.7%$13,500 +0.9%
        2003$351 $13,375 0%
        2001-- $13,380 -75%
        2000-- $53,521

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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: 38463

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Leoma Elementary
        • Middle: Leoma Elementary
        • High: Loretto 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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