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320 W Walnut St, Madisonville, TN, 37354

3beds
2baths
1,232sqft
$285,000
$231price/sqft
$2,265/moest. monthly cost
$90,600/yrincome needed

About This Home

NOW OFFERING A 2/1 RATE BUY DOWN making this extremely affordable!! Welcome to 320 W Walnut Street in the heart of Madisonville! Built in 2021, this beautifully maintained one-level home offers the convenience of modern construction paired with a functional split-bedroom floorplan designed for everyday comfort and privacy. Featuring 3 bedrooms and 2 full bathrooms, the layout provides an open and inviting feel with seamless flow throughout the main living spaces. The spacious primary suite is thoughtfully separated from the additional bedrooms, creating a private retreat within the home. Enjoy easy living with low-maintenance finishes, all on one level, while being conveniently located within the city limits close to local dining, shopping, schools, and everyday amenities. Move-in ready and built for comfortable living, this home is ready for its next chapter! Schedule your showing today!

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

--
5/10
5/10
Sequoyah High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 2021

Materials

  • Construction materials: Vinyl Siding,Brick,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator,Self Cleaning Oven

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Eat-in Kitchen
  • Window features: Windows - Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,232
  • Total interior livable area: 1,232 sqft

Property

Details

  • Parcel number: 067D A 009.04

Lot

  • Lot size: 10,018 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Earthquake
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,441$17,292
Home Insurance $145$1,740
Property Taxes $504$6,048
Electricity $175$2,103
Total$2,265$27,180

Income You'd Need if You Spent...

35% on housing$77,657/yr
40% on housing$67,950/yr
45% on housing$60,400/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 37354$227
Monroe County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 37354
Monroe County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-23Price change$285,000
2026-05-13Listed for sale$295,000
2021-05-03Sold$175,000
2020-07-10Sold$12,000

For Sale by Agent

AgentAlan Cottrell
BrokerageKeller Williams

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