740 Indian Creek Rd Cumberland Furnace, TN 37051

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5 beds · 3 baths · 2,592 sq ft · Lot Size: 109,771 sq ft · Single Family Home
Est. Property Value: $361,558

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740 Indian Creek Rd is in the 37051 neighborhood of Cumberland Furnace, TN. It is located in Montgomery County and ZIP code 37051. This Single Family Home was built in 2020 and is approximately 5 years old. The single family home spans 2592 sq ft with 5 bedrooms and 3 bathrooms and sits on a 109771 sq ft lot. According to public records, it was last sold in 2022 for $460,000 and has a tax-assessed value of $436,300, which is $139 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 740 Indian Creek Rd Cumberland Furnace, TN 37051 with Property Intel by Whitepages.

Owners & Occupancy for 740 Indian Creek Rd

This property is owned by Jerry Dewayne Bass. Owner contact information includes 7 phone numbers and 1 email address.

Property Owners

Cell Phone(315) ***-****View Cell Phone
Residence************
Landline(910) 425-7473
Distance from Property**********
Email Address********@hotmail.comView Email

Occupancy

Resident 1****************
Resident 2******************** age 36

Property Financials for 740 Indian Creek Rd

740 Indian Creek Rd, Cumberland Furnace, TN has a mortgage from Southwest Fndg Lp (orig. October 11, 2022). The Montgomery county assessment for 2024 values it at $436,300, with annual taxes of $2,291.

Mortgage & Equity Information

Loan Amount$******
LenderSouthwest Fndg Lp
Origination DateOctober 11, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateOctober 04, 2022
Property Tax Amount$2,291 in 2024
Purchase Price$460,000
Assessed Value$436,300 on 2024

Investment Potential for 740 Indian Creek Rd

The property has a current estimated value of $361,558, which is 6% below the zip median, based on public records. It last sold on October 04, 2022 for $460K. Projected long-term
is $34,200 annually ($2,850 per month) with a 82% occupancy rate.

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Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
82%in 37051 zip code
 
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Property Details for 740 Indian Creek Rd

Property Details

Property Sq Ft

Living Area

2,592 sq ft

7% above market

Lot Size

109,771 sq ft

49% below market

Price Per Sq Ft

Living Area

$139 / sq ft

17% below market

Lot Size Area

$3 / sq ft

32% above market

Property condition, age, exterior, etc. for 740 Indian…
Longitude: -87.398201 Latitude: 36.329473 Parcel Number (APN): 157-032.09…

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Discover more single family homes near 740 Indian Creek Rd in Cumberland Furnace, Tennessee. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 740 Indian Creek Rd in Montgomery County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$361,558
$432,064
-$70,506 (-16%)
$499,510
-$101,684 (-20%)
YoY Price Change
0.57%
1666%
Year Built
2020
1992
28 years
Living Space
2,592 sq ft
2,791 sq ft
-199 (-7%)
$ Per Living Sq Ft
$139
$153
-$13 (-9%)
Lot Size
109,771 sq ft
15,000 sq ft
94771 (632%)
$ Per Lot Sq Ft
$3
$27
-$24 (-88%)

Net Operating Income
$21,084
$3,612 (17%)
Annual Revenue
$34,200
$33,000
$1,200 (4%)
$9,987
-$483 (-5%)
Net Operating Income
$21,084
$3,612 (17%)
Cap Rate
5.42%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

Find More Housing Markets Near Cumberland Furnace