16 days on rocket

Sale Pending

211 Madison St, Shelbyville, TN, 37160

$575,000

Home List Price

$6,828*

Closing Credit

0 Baths
5,090 SqFt
$113/SqFt
House
Schools Nearby

Location

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211 Madison St, Shelbyville$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingConcrete, Paved, Unassigned
Year Built1966
HeatingElectric
CoolingWall/Window Unit(s)
MLS #2654147
StatusSale Pending
(Under Contract - Not Showing)

About 211 Madison St

Great investment! Cash- Flow property. Welcome to an exceptional opportunity in the world of commercial real estate! Presenting a income-producing property that's sure to catch your discerning eye. This remarkable listing boasts 10 fully occupied units, each consistently generating robust income streams. Nestled in a prime location brimming with heavy traffic exposure, this property commands unparalleled visibility and accessibility, setting the stage for unparalleled success. Perfectly positioned to captivate prospective tenants and optimize your rental income potential, this investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 5,090 SqFt

Listing Office:

  • Office Name: Century 21 Capital Properties
  • Office Phone: (615) 538-8330
  • Listing Agent: Eva Angelina Romero

Interior Features

Interior Information:

  • Flooring Type: Laminate, Other, Tile, Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Paved, Unassigned

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Get on I-40 W from 8th Ave S and US-31 ALT S/US-70S E/Lafayette St/US Hwy 41 S Drive from I-24 E to Murfreesboro. Take exit 81A from I-24 E Follow US-231 S to Madison St in Shelbyville Merge onto US-231

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $3,397
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Shelbyville, TN.

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Shelbyville, TN

City

Med. Sold Price

$308.9K

Med. Price/SqFt

$197

Avg. Days On Market

46

# of Sold Homes

45

211 Madison St vs Shelbyville

16 DAYS ON ROCKET

-30 Days

$575,000

+$266K More

$113/SqFt

-$84 Less

KEY TAKEAWAY

This property is $266K more than the Median Sold Price and $84/SqFt less than other homes in Shelbyville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2654147

Listing Office:

  • Office Name: Century 21 Capital Properties
  • Office Phone: (615) 538-8330
  • Listing Agent: Eva Angelina Romero

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:18:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2019Home Sold
$255,000
Oct 29, 2014Home Sold
$100,100
Oct 13, 2008Home Sold
$171,000
Nov 15, 2005Home Sold
$200,000
Jan 17, 1995Home Sold
$175,000
Oct 03, 1994Home Sold
$48,206
Feb 01, 1990Home Sold
$48,206
Jan 31, 1990Home Sold
$48,206

Tax History

YEARPROP. TAXASSESSMENT
2020$3,397$97,560
2019$3,320$76,680
2018$3,320$76,680
2017$3,289$76,680

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4052525
8
/10

  • Thomas Magnet

  • 515 Tate Ave

  • 0.33 miles

  • Public Magnet Grades PK-5

school-card-donut-4052526
3
/10

  • East Side Elementary School

  • 421 Elliott St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4052527
2
/10

  • Eakin Elementary School

  • 1100 Glenoaks Rd

  • 0.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,512. Typical income of Shelbyville, TN residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 211 Madison St

What is the listing price of this property?

The listing price of 211 Madison St property is $575,000.

What type of property is this?

The property 211 Madison St is a house located in Shelbyville, Tennessee, 37160.

Is this property for sale now?

Sale Pending: 211 Madison St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,397 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 2019 for $255,000. (source: MLS/tax record).

What is the square footage of this property?

The property 211 Madison St is 5,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 211 Madison St is 1966.

Rocket Homes›Tennessee›Bedford County›Shelbyville›37160›211 Madison St

This home is located at 211 Madison St in Shelbyville, TN and zip code 37160. This 5,090 square foot home was built in 1966. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $575,000.

While more than 5 listings in Shelbyville, TN in April 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Shelbyville, TN increased by 6.6% between March 2024 and April 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $308,990 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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