141 Shannon Ave, Madison, TN 37115
141 Shannon Ave, Madison, TN 37115, Active at $219,500. 0.57 acres · 24,830 sqft · $385,088/acre · Level.
141 Shannon Ave, Madison, TN 37115, Active at $219,500. 0.57 acres · 24,830 sqft · $385,088/acre · Level.
Active · $219,500
MLS #2373413 · listed April 8, 2022 · 1,646 days on market · updated August 29, 2026
0.57-acre homesite at 141 Shannon Ave in W P Readys/Thornton, Madison, $219,500 ($385,088/acre), by Oyster Real Estate Advisors.
141 Shannon Ave is a 0.57-acre homesite in Madison, TN 37115, offered at $219,500.
Next step: ask Grant Hammond anything about 141 Shannon Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 29, 2026. Realtracs via IDX.
This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.
More context: Nashville new construction and development.
Level lot builders dream. House razed so likely has water/sewer taps. Given size of lot will likely allow for three lot subdivide or higher density given all the newly rezoned (SP) lots in the vicinity! Can't find your dream home? Tired of getting outbid? Don't want old house issues, HOA or to share a lot? Then build it here!
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 141 Shannon Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $219,500 | -$500 (-0.2%) | |
| Price change | $220,000 | -$5,000 (-2.2%) | |
| Price change | $225,000 | -$125,000 (-35.7%) | |
| Under contract | |||
| Listed | $350,000 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 |
Listed April 8, 2022, this listing has been on the market 1,646 days as of October 10, 2026. The price has been reduced 3 times, from $350,000 to $219,500 (-37.3%). The most recent change was first seen on our daily record September 9, 2026. It has been under contract since June 27, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $219,500 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
141 Shannon Ave sits in W P Readys/Thornton, Madison, Davidson County.
Approximately 8.9 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 141 Shannon Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 141 Shannon Ave, by price and size.
Listed by Chad Lautt, Oyster Real Estate Advisors. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market, September 2026: contracts down 3%, supply at 5.41 months, rates at 7.28%. What it means for buyers and sellers.
A $6.56 million Ritz-Carlton sales gallery for 140 Gulch condos, Oracle's final East Bank site plan for 23 buildings behind a fence, and the $9.2 billion I-24 Choice Lanes reaching right-of-way. Plus a $19.7 million Forest Hills ask that is not as new as it looks.
Metro Council cleared Vanderbilt's 43 acres for towers up to 425 feet, downtown's condo core is holding more than two years of inventory at the pace it is actually selling, and a $34 million SoBro block went back to its lender without a shovel ever touching the ground.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (August 29, 2026), 141 Shannon Ave, Madison is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
141 Shannon Ave was listed on April 8, 2022 and has been on the market 1,646 days as of October 10, 2026, per Realtracs.
Yes. It was first listed at $350,000. The price has been reduced 3 times, most recently to $219,500 by September 9, 2026, a total change of -37.3%.
141 Shannon Ave, Madison is listed at $219,500, about $385,088 per acre across 0.57 acres.
0.57 acres (24,830 sqft).
About $385,088 per acre.
141 Shannon Ave, Madison is in the W P Readys/Thornton subdivision of Madison.
No HOA dues are reported for this homesite.
141 Shannon Ave, Madison is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Thinking of selling in W P Readys/Thornton?
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