1043 Patterson St, Madisonville, TN 37354

Property Type: Single Family Bedrooms: 4 Square Footage: 1,800 Lot Size (sq. ft.): 39,204 Status: Active
List Date: 11/06/2025 Last Modified: 11/18/2025

Description

ONLINE ONLY REAL ESTATE AUCTION | Spacious Basement Ranch with Incredible Potential on Nearly 1 Acre | BIDDING BEGINS TO CLOSE: Friday, December 5th at 12:00PM - Noon (ET) | OPEN HOUSE: Wednesday, December 3rd from 11:00AM - 1:00PM (ET) This expansive ranch-style home sits on a generous 0.9+/- acre lot. With solid bones and thoughtful layout, this fixer-upper presents an excellent opportunity to create your ideal home. Main Level Features: Inviting living room, Master bedroom with en-suite bathroom (requires finishing), Two additional guest bedrooms, Guest bathroom with tile flooring, Hardwood floors in hallway, dining room, kitchen, and family room, Spacious kitchen with pantry, Large family room featuring a fireplace and decorative beam ceiling, plus a door leading to the rear patio, and unfinished addition with separate exterior entrance—perfect for in-law quarters, plus an open covered area plumbed for bathroom—concrete pad needs to be poured and area needs to are enclosed. Basement Level Features: Large unfinished living area with exposed beam ceiling and two closets, Recreation room with wet bar and pantry, Open kitchen with island, Oversized laundry room/bathroom with walk-in tile shower, Dining room, Bedroom, Office, and Storage/mechanical closet. Exterior Amenities: Large attached 2-car carport, Detached storage building, and Generous lot with plenty of room for outdoor enjoyment. This property offers tremendous square footage and flexibility for multi-generational living or those seeking a project with serious upside potential. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Open Houses

Wednesday, December 03, 11:00 am - 1:00 pm

More Information MLS# 1321031

Contract Info

Auction Y/N: Yes Status: Active Listing Date: 2025-11-06

Location, Tax & Legal Info

Area: Monroe County - 33 Property Sub-Type: Residential City/County Code: City Limits Total Tax: 1145.51

General Property Description

Type: Basement Ranch # Bedrooms: 4 Lot Dimensions: 132 x 318.5 IRR Acres: 0.9 Acre Source: Tax Records # of Rooms: 12 Restrictions: Yes Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1800 SqFt - Down Lvl: 1152 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 1800 Baths - Full: 3 Year Built: 2004

Remarks & Misc

Directions: From Madisonville at the intersection of Hwy 411 and Hwy 68, head east on Hwy 411. Turn right on Patterson Street to the home on the left. Public Remarks: ONLINE ONLY REAL ESTATE AUCTION | Spacious Basement Ranch with Incredible Potential on Nearly 1 Acre | BIDDING BEGINS TO CLOSE: Friday, December 5th at 12:00PM - Noon (ET) | OPEN HOUSE: Wednesday, December 3rd from 11:00AM - 1:00PM (ET) This expansive ranch-style home sits on a generous 0.9+/- acre lot. With solid bones and thoughtful layout, this fixer-upper presents an excellent opportunity to create your ideal home. Main Level Features: Inviting living room, Master bedroom with en-suite bathroom (requires finishing), Two additional guest bedrooms, Guest bathroom with tile flooring, Hardwood floors in hallway, dining room, kitchen, and family room, Spacious kitchen with pantry, Large family room featuring a fireplace and decorative beam ceiling, plus a door leading to the rear patio, and unfinished addition with separate exterior entrance—perfect for in-law quarters, plus an open covered area plumbed for bathroom—concrete pad needs to be poured and area needs to are enclosed. Basement Level Features: Large unfinished living area with exposed beam ceiling and two closets, Recreation room with wet bar and pantry, Open kitchen with island, Oversized laundry room/bathroom with walk-in tile shower, Dining room, Bedroom, Office, and Storage/mechanical closet. Exterior Amenities: Large attached 2-car carport, Detached storage building, and Generous lot with plenty of room for outdoor enjoyment. This property offers tremendous square footage and flexibility for multi-generational living or those seeking a project with serious upside potential. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Auction

Bidder Must Qualify: Yes Buyers Premium: Yes Buyers Premium %: 10 Remote Bidding: Yes Real Estate Only: Yes RE & Personal Prop: No Auction Date: 2025-12-05 Auction Location: Online Bidding Only Auction Time: 12:00PM - Noon (ET) Open for Inspection Date: 2025-12-03

Atchd/Dtchd Type

Detached: 1

Style

Traditional: 1

Construction

Block: 1 Frame: 1

Siding

Brick: 1 Vinyl: 1

Fireplace

Insert: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Hardwood: 1 Tile: 1 Vinyl: 1

Garage/Parking

Attached: 1 Basement: 1 Carport: 1 Off-Street Parking: 1

Basement

Finished: 1

Lot Description

Level: 1 Rolling Slope: 1

Fuel

Gas (Natural): 1

Heat

Central: 1

Dining Area

Formal Dining Area: 1

Appliances

Dishwasher: 1 Microwave: 1 Range: 1

Other Rooms

Basement Rec Room: 1 Bedroom Main Level: 1 Extra Storage: 1 Family Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1 Office: 1

Exterior Features

Patio: 1

Misc Features

Walk-in Shower: 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

Outbuildings

Storage Shed: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 1043 Street Name: Patterson St Suffix: St State/Province: TN Zip Code: 37354 PIN #: 067 166.00 Subdivision: Hicks Add No 2 Geo Lat: 35.506531 Geo Lon: -84.366241

Status Change Info

Status Change Date: 2025-11-06

Property Features

Style: Traditional Construction: Block; Frame Siding: Brick; Vinyl Basement: Finished Lot Description: Level; Rolling Slope Fireplace: Insert Floors: Carpet; Hardwood; Tile; Vinyl Fuel: Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range Sewer: Public Sewer Water: Public Other Rooms: Basement Rec Room; Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Office Misc Features: Walk-in Shower; Washer/Dryer Connect Exterior Features: Patio Outbuildings: Storage Shed Dining Area: Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Powell Auction & Realty,LLC
IDX
Office Phone: 865-938-3403
Last Updated: November - 18 - 2025
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