127 Madison St
Erwin, TN 37650
3 bd 2 ba 1,183 sqft Built 1940 Lot 14,200 sqft single_family
Most recent sale
$185,000
Dec 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 16, 2025 | Listed | $234,500 | TNVARegionalMLS |
| Dec 8, 2023 | Sold | $185,000 | TNVARegionalMLS |
| Jan 21, 2023 | Listing removed | — | TNVARegionalMLS |
| Nov 28, 2022 | Price changed | $110,000 | TNVARegionalMLS |
| Nov 2, 2022 | Listed | $130,000 | TNVARegionalMLS |
| Sep 9, 2022 | Sold | $55,000 | Public Record |
| Mar 21, 1998 | Sold | $46,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $24,475 | $575 |
| 2021 | — | — | $14,525 | $415 |
| 2020 | — | — | $14,525 | $415 |
| 2019 | — | — | $14,525 | $390 |
| 2018 | — | — | $14,525 | $390 |
| 2017 | — | — | $14,525 | $390 |
| 2016 | — | — | $14,950 | $401 |
| 2015 | — | — | $14,950 | $401 |
| 2014 | — | — | $14,950 | $562 |
| 2013 | — | — | $14,950 | $401 |
| 2012 | — | — | $14,950 | $401 |
| 2011 | — | — | $13,850 | $354 |
| 2010 | — | — | $13,850 | $337 |
| 2009 | — | — | $13,850 | $329 |
| 2008 | — | — | $13,850 | $312 |
| 2007 | — | — | $13,450 | $274 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,183 sqft
Lot size
14,200 sqft
ZIP code
37650
City
Erwin
Street
Madison St
Coordinates
36.12510, -82.42488
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,775
Gross rental yield
11.51%
Implied cap rate
7.48%
Trend-extrapolated value
—
Frequently asked questions
When did 127 Madison St last sell?
127 Madison St most recently sold on Dec 8, 2023 for $185,000.
What is the current tax assessment for 127 Madison St?
The most recent total assessment for 127 Madison St (year 2022) is $24,475 with $575 in property tax.
How does 127 Madison St's assessment compare to its last sale price?
The current assessment is 86.8% below the last sale price of $185,000.
When was 127 Madison St built?
127 Madison St was built in 1940.
How does 127 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 127 Madison St?
127 Madison St is a 3 bed, 2 bath, 1,183 sqft, 14,200 sqft lot single_family.
Is 127 Madison St a flip candidate?
Yes — 127 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 127 Madison St a tax-appeal candidate?
No — 127 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.3%
Implied 1-yr
+41.0%
2026 Q3
$555.6K
2026 Q4
$589.8K
ZIP 37650 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St