502 Thompson St, Philadelphia, TN 37846
$72,450
Property Type:
Single Family
Bedrooms:
2
Square Footage:
840
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$72,450
List Date:
11/24/2025
Last Modified:
4/14/2026
Overview
Description
''Downtown'' Philadelphia, TN! This two-bedroom, one-bath house is a diamond in the rough, waiting for someone to unlock its potential. While it needs comprehensive renovation, this property offers excellent rental income opportunities or make it your own with a little vision & customization. The fully fenced yard provides security, while the metal roof ensures long-lasting protection. The large detached building could be used as a garage, workshop, or storage building and offers versatility for those looking for extra work space.. With nearby amenities including Lions Club Park for recreation, Food City for shopping convenience, and quality education at Loudon County Elementary & High School, this property combines investment opportunity with community appeal for the right buyer. Sold Strictly AS-IS.
Listing Details MLS# 1322831
Location Tax Legal Info
- House #
- 502
- Street Name
- Thompson
- St Suffix
- St
- State/Province
- TN
- Zip Code
- 37846
- PIN #
- 055M F 003.00
- Subdivision
- Town Plat Of 1822
Contract Info
- Auction Y/N
- No
- Listing Price
- 79900
General Property Description
- Type
- Ranch
- Lot Dimensions
- 78 x 83
- Lot Size SqFt
- 6970
- Acres
- 0.16
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 840
- SqFt - Main Lvl
- 840
- # Bedrooms
- 2
- Baths - Full
- Yes
- # of Rooms
- 4
- Fireplace
- No
- Property Status
- N/A
- HOA
- No
- Year Built
- 1925
- Bonus Room
- No
- Extra Storage
- Yes
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Total Unfinished SqFt
- 0
- # Fireplace
- 0
- Basement
- No
Status Change Info
- Status Change Date
- 2026-01-16
- Under Contract Date
- 2026-01-10
- Sold Date
- 2026-01-16
Location, Tax & Legal Info
- Area
- Loudon County - 32
- Property Sub-Type
- Residential
- City/County Code
- County
- Total Tax
- 251.98
Remarks & Misc
- Directions
- From Knoxville, I-75 South to Philadelphia (exit 68), left onto Hwy 323 (Pond Creek Rd.) follow 2.5 mi. to right onto Elm St., right onto Christian St., quick left onto Church St., right onto Thompson St., turn left to stay on Thompson St., to house on right.
- Public Remarks
- ''Downtown'' Philadelphia, TN! This two-bedroom, one-bath house is a diamond in the rough, waiting for someone to unlock its potential. While it needs comprehensive renovation, this property offers excellent rental income opportunities or make it your own with a little vision & customization. The fully fenced yard provides security, while the metal roof ensures long-lasting protection. The large detached building could be used as a garage, workshop, or storage building and offers versatility for those looking for extra work space.. With nearby amenities including Lions Club Park for recreation, Food City for shopping convenience, and quality education at Loudon County Elementary & High School, this property combines investment opportunity with community appeal for the right buyer. Sold Strictly AS-IS.
More Information
Fencing
- Chain
- Yes
- Fenced Yard
- Yes
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
Construction
- Frame
- Yes
Siding
- Other
- Yes
Fireplace
- None
- Yes
Cooling
- None
- Yes
Floors
- Hardwood
- Yes
- Other
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Basement
- Crawl Space
- Yes
Lot Description
- Level
- Yes
Fuel
- Electric
- Yes
View
- City
- Yes
Heat
- None
- Yes
Appliances
- None
- Yes
Exterior Features
- Porch - Covered
- Yes
Misc Features
- Washer/Dryer Connect
- Yes
Sewer
- Septic Tank
- Yes
Water
- Public
- Yes
Outbuildings
- Detached Workshop
- Yes
New Financing
- Alternative
- Yes
- Cash
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Traditional
Construction:
Frame
Siding:
Other
Basement:
Crawl Space
Lot Description:
Level
Fireplace:
None
Floors:
Hardwood; Other
Fuel:
Electric
Heat:
None
Cooling:
None
Appliances:
None
Sewer:
Septic Tank
Water:
Public
Misc Features:
Washer/Dryer Connect
Exterior Features:
Porch - Covered
Fencing:
Chain; Fenced Yard
Outbuildings:
Detached Workshop
Showing:
See Agent Instructns
New Financing:
Alternative; Cash
Listing Office:
Webb Properties, LLC
IDX
Office Phone: 865-922-5500
Last Updated: April - 14 - 2026
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