Property Details
Basic Information
- Property SubType: Single Family Residence
- Property Style: Ranch
- MLS Number: 3215141
- Mls Status: Active Under Contract
- List Price: $267,900
- Lot Description: ["Sloped"]
- Date Listed: 11/29/2025
- Description: Who's looking for a 2 for 1 deal? This property has two homes on it. Perfect for anyone needing a mother in law suite or hoping to keep that young adult close while giving him his own space. 'Welcome to 146 Toomey Lane, a beautifully remodeled 2005 site-built home situated on 1.19 acres in scenic Madisonville, Tennessee. This move-in-ready property blends modern updates with classic comfort--perfect for anyone seeking a peaceful setting with extra space and income potential. Step inside to find 936 sq. ft. of thoughtfully updated living space featuring new laminate flooring, granite countertops, and stainless steel appliances. The bright kitchen offers plenty of storage and counter space, while the open layout creates a warm and inviting flow throughout the home. The property includes a laundry room, covered front porch, new back deck, and landscaped yard--ideal for relaxing or entertaining outdoors. A storage building in the backyard provides additional functionality for tools, hobbies, or seasonal items. As a bonus, a second home is also included on the property! Built in 1946 with 789 sq ft. and has 1 bed, 1 bath. This charming cottage is ''as is'' and already features a remodeled bathroom and two new decks. With a bit more finishing, it could serve as a guest house, rental unit, or in-law suite. There's ample parking for both homes, making this an excellent setup for multi-generational living or investment purposes.
Building
- Acreage: 1.19
- Square Feet: 1,725
- Year Built: 2005
- Stories: 1
- Roof: Shingle
Location
- County: Monroe County, TN
- Town: Madisonville
- Street: Toomey Lane
- Building Number: 146
- State: TN
- Zip: 37354
- Longitude: -84.37433
- Latitude: 35.520663
Finance
- Taxes: $820
Interior Features
Bedrooms
- Bedrooms: 3
Bathrooms
- Bathrooms: 2
- Full Baths: 2
Basement
- Basement: Crawl Space
Utilities and Appliances
Utilities and Appliances
- Appliances Included: Electric Range, Dishwasher, Refrigerator, Microwave
Community
Schools
- Elementary School: Madisonville Primary
- High School: Sequoyah High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water Access: Public
Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 20, 2026 9:42 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.