Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

553 Mill St, Madisonville, 37354

Priced At: $359,900

Property Details for ID: 1326084

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SqFt: 2,196
Price SqFt: $164
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-01-10T23:16:10Z

Public Remarks: Charming 1960s Basement Rancher on Expansive 1-Acre Lot made up of two separately deeded parcels with a Massive Workshop—offering added flexibility for future use or investment. Discover the perfect blend of vintage charm and endless potential with this 1960s basement rancher, beautifully situated on a sprawling 1-acre tract. This solidly built home offers classic character and a functional layout, providing a wonderful canvas to create your dream space. A true standout feature is the impressive 2,473 sq ft workshop, offering unlimited possibilities—ideal for a home business, hobbyist, storage, automotive projects, or conversion into additional living or entertainment space. With ample room for equipment, tools, or creative ventures, this workshop is a rare find! Enjoy the privacy and space of country-style living while still being conveniently located to nearby amenities. The expansive lot provides plenty of room for gardening, outdoor entertaining, or future expansion. Whether you're looking for a property with room to grow, a place to pursue your passions, or an investment opportunity, this unique property delivers exceptional value and versatility.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 1960
Total Rooms: 7
SqFt (Total): 2,196
SqFt (Main Lvl): 2,196
Full Baths: 2
1/2 Baths: 1
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Unfinished, Walkout

  Exterior Features

Features: Deck, Porch - Screened, Windows - Vinyl
Construction: Block, Frame
Siding: Fiber Cement, Stone

  Appliances

Dishwasher, Disposal, Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Dining Area: Breakfast Bar, Eat-in Kitchen, Living RmDining Rm
Floors: Carpet, Hardwood, Laminate, Vinyl
Other Rooms: Bedroom Main Level, Family Room, LaundryUtility, Mstr Bdrm Main Level, Workshop
Misc Features: Walk-in Shower, WasherDryer Connect

  Property Details

Acreages: 0.98
Lot Description: Irregular Lot, Level
View: City

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: Yes
HOA: No
HOA Fee: 0

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central, Other

Garage / Parking

Carport Spaces, Attached, Carport, Main Level

  Community Features

Outbuildings

Detached Workshop
Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Downtown Madisonville take Englewood Road. Turn right onto Mill Street. Follow to house on right. Sign on property



Your commute

( Departing today at 8:00am )
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Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

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Blair Scott LLC, dba Crown and Anchor Realty is a licensed Tennessee Real Estate Firm. Firm License 259496. Some or all of the Listing Displayed on this Site may not belong to Crown And Anchor Realty. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. This data is believed to be correct, but interested parties should confirm the data before relying on it in a purchase decision.