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1308 Neelys Bend Rd, Madison, TN, 37115

1beds
2baths
1,400sqft
$359,900
$257price/sqft
$2,334/moest. monthly cost
$93,360/yrincome needed

About This Home

Work and Live! Have you thought of having your own business? This has a been a Beauty/Barber Shop for numbers of years. The property is zoned Residential currently so lower property taxes than commercial. There is a small living area in the back (See Pictures). No FHA or VA financing due to business operation. Make sure your lender will finance for your intended purpose.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
--
Boy's PrepGrades 71.6 mi
4/10

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Indoor Grill,Refrigerator,Electric Oven,Range

Basement

  • Basement: None,Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Carpet,Tile
  • Finished area above ground: 1,400

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,400
  • Total interior livable area: 1,400 sqft

Property

Details

  • Parcel number: 05216008300
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Covered
  • Topography of land: Level

Lot

  • Lot size: 0.57 Acres
  • Features: Level
  • Lot size dimensions: 180 x 226

Parking

  • Parking features: Asphalt

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

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Earthquake
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
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 $1,819$21,828
Home Insurance $170$2,040
Property Taxes $170$2,040
Electricity $175$2,103
Total$2,334$28,008

Income You'd Need if You Spent...

35% on housing$80,022/yr
40% on housing$70,020/yr
45% on housing$62,240/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: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 37115$180
Davidson County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 37115$232
Davidson County$268

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
2025-10-21Listed for sale$359,900
2025-10-13Listing removed$449,000
2025-04-28Listed for sale$449,000
2025-04-25Listing removed$489,000
2024-09-18Listed for sale$489,000
2024-08-29Listing removed$489,000
2023-11-09Listed for sale$489,000

For Sale by Agent

AgentMichael Hastings, Broker, CRS, CDPE, ABR
BrokerageNetwork Properties, LLC

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