124 W Marthona Rd, Madison, TN 37115

Property Description

Three quarters of an acre inside Davidson County, under 15 minutes from downtown Nashville. Sold AS-IS. Appraised at $385,000 in 2024. 0.71 acres, 115x275, fully fenced, with the house set well back off the road behind mature hardwoods. About a half mile to I-65. Lots this size, this close in, are not something you can add later. 2,531 sq ft built in 1950, brick on the original structure with vinyl siding on the rear addition. Hardwood floors, two fireplaces in the living room and den, and a kitchen in working order. Three full baths. Two-car detached carport. The lower level is partially finished with a full bath and its own entry off the driveway. The upper level has a separate entry, a bedroom, a full bath and kitchen plumbing already run. Already done, invoices on file: foundation settlement repaired March 2024 by AFS, a Groundworks company, with carbon fiber reinforcement and IntelliBrace wall bracing; main-floor HVAC replaced March 2024 with a new 3-ton gas package system carrying 10-year parts and compressor coverage. What it needs, stated plainly so nobody wastes a trip: baths are original to 1950. The upper level is baseboard heat with no central air. There is moisture on the basement slab. The in-ground pool has been out of service several years and conveys as-is. Seller will not make repairs or credit for repairs. Cash, conventional, or renovation financing (FHA 203k / Fannie Mae HomeStyle, which fund the purchase and the work together). Will not meet FHA or VA in current condition. Bring your contractor. The price reflects the work, and the land does not.