***HUGE PRICE REDUCTION*** Investor's Special*** Under $300k!! Rare Opportunity with Bonus Lot! This spacious 5-bedroom, 3-bath home includes the adjacent lot at 615 Idlewild Ave, offering an expansive fenced yard and deck—perfect for entertaining or future expansion. Inside, you'll find charming built-ins, a cozy fireplace, and a finished basement that adds valuable living space. Recent updates include a newly tiled upstairs bathroom with a new shower, plus brand-new appliances - stove has a 3-year warranty. No HOA! Conveniently located near shopping, dining, and I-65, with quick access to downtown Nashville or the Nashville Airport in under 20 minutes.1% lender credit with use of preferred lender. Schedule a showing today and bring your design ideas!! Selling as-is and the bonus lot is not buildable, but adds additional acreage.
Closed
$278,000
401 Neelys Bend Rd, Madison, TN 37115
5beds
2,477sqft
Single Family Residence, Residential
Built in 1939
0.5 Acres Lot
$287,600 Zestimate®
$112/sqft
$3,028 Estimated rent
Home value
$287,600
$273,000 - $302,000
$3,028/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 09:55am
Listing Provided by:
Bernie Gallerani 615-438-6658,
Bernie Gallerani Real Estate
Bought with:
Audrey Lidke, 357704
Boxwood Properties, LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2965496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Microwave, Refrigerator
Features
- Built-in Features, Ceiling Fan(s)
- Flooring: Carpet, Tile
- Basement: None,Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 2,477
- Total interior livable area: 2,477 sqft
- Finished area above ground: 1,847
- Finished area below ground: 630
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 1
- Patio & porch: Deck
- Fencing: Back Yard
Lot
- Size: 0.50 Acres
- Dimensions: 98 x 135
- Features: Corner Lot
- Topography: Corner Lot
Details
- Parcel number: 05201036000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Madison
- Subdivision: Idlewood Corner
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $278,000-7%$112/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 1/9/2026 | Pending sale | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/19/2025 | Contingent | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/14/2025 | Listed for sale | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
| 11/10/2025 | Contingent | $299,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2965496 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $101,100 +42.3% |
| 2024 | $2,312 | $71,050 |
| 2023 | $2,312 | $71,050 |
Find assessor info on the county website
Neighborhood: Heron Walk
Nearby schools
GreatSchools rating
- 4/10Stratton Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Madison Middle PrepGrades: 6-8Distance: 0.8 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Stratton Elementary
- Middle: Madison Middle
- High: Hunters Lane Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$287,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$287,600