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301 Wayman RoadMadisonville, TN 37354Price: $315,000

  • Price: $315,000
  • Est. Mortgage of $/month
  • 7 Days on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $315,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 1,560Square Feet
Enjoy the best of both worlds with this unique 4-bedroom, 2-bath ranch home offering country living while remaining conveniently located within the city limits of Madisonville. Situated on approximately 1.2 level acres, this well-maintained property features 1,560 square feet of living space, a spacious kitchen and dining area, main-level primary bedroom, central heat and air, natural gas, and an enclosed porch perfect for enjoying the peaceful surroundings. The property also includes an impressive 18x48 detached outbuilding featuring a 268-square-foot efficiency apartment complete with a full bath and kitchenette, a one-car garage, and an additional 253 square feet of finished space previously used as a home office and homeschool area. Whether you need guest quarters, a home business setup, hobby space, or additional living space, this property offers endless possibilities. Outdoor enthusiasts will appreciate the raised garden beds, chicken coop, and ample open space for gardening, recreation, or small-scale homesteading. Public water, septic system, and no HOA. Conveniently located just minutes from shopping, dining, schools, and all the amenities Madisonville has to offer. A rare opportunity to own a versatile property with additional living space, acreage, and room to grow. Schedule your private showing today.

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Listed by Carla Patton of Silver Key Realty

Based on information submitted to East Tennessee Realtors as of June 21, 2026 5:24 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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