Opportunity in Prime Location! Set on just over half an acre in fast-growing Madison, this property is ideal for buyers or investors ready to update and add value. The roof is only one year old. Located just 15 minutes from downtown Nashville and under 20 minutes from the airport, with quick access to I-65, I-40, and I-24, the convenience is hard to beat. The home needs work and is being sold as-is, but with the right vision, it has great potential in the thriving Madison community. Sale includes parcels 063-00-0-009.00 and 063-00-0-008.00. (Combined is .52 acres!) Zoned Commercial — Endless Potential! Commercial MLS 2882180
***ACCEPTING BACKUP OFFERS*** Only showings are during open house. Perfect starter home or investment. Currently rented. Over 1/3 of acre in one of the most desirable and hottest areas of middle Tennessee. Less than 15 minutes from downtown Nashville. Less than 20 minutes from Nashville Airport. Very close to lakes and boat ramps. Easy access to I-65, I-40 and I-24. Currently rented. Buy as an investment or live in the fast growing area of Madison. Seller is also selling the duplex at 1536 Neely's Bend and a commercial lot at 1532 Neely's Bend. Can be bought as package or individually. Sale includes parcel 063-00-0-009.00 and parcel 063-00-0-008.00
REALTRACS as Distributed by MLS Grid #1877406
Nov 17, 2017
Sold
$120,000
$108/sq ft
Nov 7, 2017
Pending
—
Nov 2, 2017
Listed
$124,700
$112/sq ft
Great Investment Bulk of Properties. See Media for list of properties and other Information. DO NOT DISTURB TENANTS. Offers to be made contingent upon viewing. Deadline to receive offers is Monday November 6, 2017 at 6:00 pm. Please include a deadline good thru Tuesday November 7, 2017 at 8:00 pm.
Public Records
Aug 1, 1984
Sold
$21,000
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,390 (+170.2%)
$16,875 + $33,075
$49,950
2024
$514
$5,575 + $12,025
$17,600
2023
$514
$5,575 + $12,025
$17,600
2022
$514 (−1.1%)
$5,575 + $12,025
$17,600
2021
$520 (−38.7%)
$5,575 + $12,025
$17,600
2020
$848 (+37.5%)
$11,175 + $11,200
$22,375
2019
$616
$11,175 + $11,200
$22,375
2018
$616
$11,175 + $11,200
$22,375
2017
$616 (+34.8%)
$11,175 + $11,200
$22,375
2016
$457
$11,175 + $11,200
$22,375
2015
$457
$3,725 + $7,925
$11,650
2014
$457
$3,725 + $7,925
$11,650
Tax history for 1538 Neelys Bend Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,390 (+170.2%)
$16,875 + $33,075
$49,950
2024
$514
$5,575 + $12,025
$17,600
2023
$514
$5,575 + $12,025
$17,600
2022
$514 (−1.1%)
$5,575 + $12,025
$17,600
2021
$520 (−38.7%)
$5,575 + $12,025
$17,600
2020
$848 (+37.5%)
$11,175 + $11,200
$22,375
2019
$616
$11,175 + $11,200
$22,375
2018
$616
$11,175 + $11,200
$22,375
2017
$616 (+34.8%)
$11,175 + $11,200
$22,375
2016
$457
$11,175 + $11,200
$22,375
2015
$457
$3,725 + $7,925
$11,650
2014
$457
$3,725 + $7,925
$11,650
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
38 ft.
Lot depth
274 ft.
Lot size
0.36 Acres
Year renovated
1920
Sq. Ft.
1,115
Year built
1920
Style
Single Family Residential
County
Davidson County
APN
06300000800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
RS15
Single-Family Districts
Designed for relatively low to moderate intensity single-family development, these districts are appropriate for implementing the residential low-medium policies of the general plan. These districts may also be appropriate within selected areas of natural conservation policy, with urban services. The RS20 and RS15 districts may be applied along edges of areas classified within residential low density policy that have suitable physical characteristics and good street access.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Waste transfer station
Park & open space
Property details
Parking
Parking Information
Covered Spaces: 0
Parking Total: 0
Parking Features: Driveway
Interior
Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bathroom Information
# of Full Baths (Total): 1
Basement Information
Basement Features: Crawl Space
Heating & Cooling
Has Heating
Heating Information: Electric
Has Cooling
Cooling Information: Electric
Interior Features
Appliances: Electric Oven, Refrigerator
Flooring: Carpet, Laminate
Exterior
Building Information
Construction Materials: Vinyl Siding
Roof: Asphalt
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,115
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Features: Level
Lot Size Area: 0.52
Lot Size Units: Acres
Lot Size Acres: 0.52
Lot Size Dimensions: 38 X 274
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $514
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: Neely's Bend Elementary
Middle Or Junior High School: Neely's Bend Middle
High School: Hunters Lane Comp High School
Location Information
Directions: I65N to exit 90B to TN-155N. Take exit 14 to Gallatin Rd. R on Neelys Bend Rd. The house will be on the right.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,115
Stories: 1.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1920
County: Davidson County
APN: 06300000800
Home facts updated by county records on Aug 10, 2026
Other
Home Information
Living Area: 1115
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1115
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: EXIST
Levels: One
Around this home
Schools
Neely's Bend Elementary School
Public PreK-7 • Assigned • 0.9mi
3/10
Hunters Lane Comp High School
Public 9-12 • Assigned • 5.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Madison, TN • 37115
Average low and high temperatures (°F)
44
25
55
34
70
46
77
54
79
60
88
68
92
73
89
69
86
63
76
53
63
45
52
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$243,000 – $294,000
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