138 Madison Dr Dunlap, TN 37327
Dunlap NeighborhoodHighlights
- Lake Front
- 150 Acre Lot
- No Heating
- Home fronts a pond
- Wooded Lot
About This Lot
As of October 2023Offered is a wonderful opportunity to acquire 150 +/- acres wide open for an amazing new development opportunity OR keep as a Golf Course and Country Club w/ improvements. Acreage is nestled in the scenic valley base of the TN Cumberland Plateau right on the Bledsoe & Sequatchie County lines within Old Madison Estates conveniently located approx 40 min north of Downtown Chattanooga, TN Msa. Currently, the acreage is being used by owner as golf business. This beautiful acreage within Old Madison Estates combines the peacefulness of the TN Mountains with Panoramic mountain views. Property offered improvements include a clubhouse approx 7,942 sq ft featuring a pro shop, snack bar, event/meeting room that comfortably accommodates 25 guests, and a locker room with showers. Property has two swimming pools, one outdoor approx 70,000 gallon pool and an indoor heated 5ft deep pool and tennis courts. More improvements include an office/flex multi purpose building approx 1536 sq ft & additional warehouse/ storage buildings together totaling approx 6,600 sq ft. Continue as a golf course/ business or subdivide and develop as the possibilities are endless here. Just 45 min to Chattanooga, TN MSA. Chattanooga is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. ***Please note. Golf Carts are NOT included in offered price and must be transacted and sold separately due to arrangement in place with EZ GO golf cart dealer/owner.***Caveat Emptor , let the buyer beware! It is buyers responsibility to complete all due diligence to verify any/all buyer pertinent information including but not limited to zoning use, survey, soil mapping, utilities, permits, covenants / restrictions etc.**Licensee has personal interest in this property.** The ideas for this property are endless!! Call today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,814
Year Built
- 1993
Lot Details
- 150 Acre Lot
- Home fronts a pond
- Lake Front
- Property fronts a private road
- Wooded Lot
Interior Spaces
- Property has 3 Levels
Schools
- Griffith Elementary School
- Sequatchie Co Middle School
- Sequatchie Co High School
Community Details
- Old Madison Ests Subdivision
Listing and Financial Details
- Assessor Parcel Number 030D A 00500 000
Ownership History
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luken Henry G | $570,000 | -- | |
| Florida Partners Grp Inc | $335,000 | -- | |
| Distritank Inc | $185,000 | -- | |
| Riley Wilson | $185,000 | -- | |
| Mills Dennis Sprouse Larry R | $840,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Roaring Creek Campgrounds Llc | $250,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $1,700,000 | -2.9% | -- |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 08/21/2022 08/21/22 | For Sale | $1,750,000 | -- | -- |
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,075 | $58,520 | $14,000 | $44,520 |
| 2023 | $1,075 | $58,520 | $14,000 | $44,520 |
| 2022 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2021 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2020 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2019 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2018 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2017 | $1,153 | $47,200 | $11,000 | $36,200 |
| 2016 | $764 | $29,750 | $6,875 | $22,875 |
| 2015 | $764 | $29,750 | $6,875 | $22,875 |
| 2014 | -- | $29,750 | $6,875 | $22,875 |
Map
Source: Realtracs
MLS Number: 2717065
APN: 030D-A-005.00
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