524 Rocky Springs Rd

Madisonville, TN
$ 87,500 Beds 3 Baths 1 Sq 1,200
Monthly Estimate* How much can I afford?

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

  • Price
  • $ 87,500
  • City
  • Madisonville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MONROE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.8 Acres
  • Zip
  • 37354
  • Sqr Footage
  • 1,200
  • Year Built
  • 1930
  • Taxes
  • $ 147
  • Style
  • Cottage
  • MLS#
  • 3548047
Listed By: Norman Lee Real Estate Broker & Auctioneer;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 1200
Sewer Septic Tank
Heating Other
Cooling None
Possession Close Of Escrow
Patio/Porch Features Porch,Covered
Architectural Style Cottage
Construction Materials Frame,Other
Year Built 1930
Stories Count 1
Topography Level
Levels One
Property Subtype Single Family Residence
County Monroe County,TN
New Construction No
Property Type Residential
Attached Garage No
Full Baths 1
Status Active
Buyer Financing Other
Directions From Highway 411 in Madisonville turn onto Tellico Street S for approx 0.2 miles and turn left onto Rocky Springs Road,continue for a mile and driveway will be on the right,continue up the drive and
High School Sequoyah High School
City Madisonville
Senior Community Y/N No
Lot Size Units Acres
Elementary School Madisonville Intermediate School
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 147
Middle/Junior High School Madisonville Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Basement Crawl Space
Flooring Wood
Total Fireplaces 1
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1200
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Lot Features Level
Water Source Well
Lot Size Area 0.8
Building Area Total 1200
Lot Dimensions 118x285x138x298
Lot Size Acres 0.8
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Madisonville Intermediate School Elementary School
Middle School Madisonville Middle School
High School Sequoyah High School

Price History

9/14/2026 Listed $87,500

Property vs Zip Code Average in 37354

Price
AVG $470K
$90K
Taxes
AVG $1,191
$147
Year Built
AVG 1992
1930

Areas That We Cover

524 Rocky Springs Rd Madisonville, TN is a Single Family Home for sale at $87500 with 1200 sqft and a lot size of 0.8 Acres Acre(s). 524 Rocky Springs Rd Madisonville has 3 bedrooms, 1 baths and was built in 1930. The property's zip code is 37354 which is in Madisonville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.