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407 Independence Way; Murfreesboro, TN Property Details

407 Independence Way, Murfreesboro, TN is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 407 Independence Way has 2 bathrooms, and a total of 2,095 square feet. The lot size of 407 Independence Way is 13,125 square feet.

Off market
407 Independence Way Murfreesboro, TN 37129
$103,650 Estimated Value
2 Baths
2,095 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $125,000
  • Open Loans / Balance: 2 / $229,233
  • Est. Equity / %: $212,767 / 48.14%
  • Gross Yield: 6.7%
  • APN: 080C-E-053.00-000
  • Situs County: Rutherford
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Porch Type: Open
  • Roof Cover Type: Rock / Gravel
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,095/SqFt
  • Lot: 13,125/SqFt
  • Garage: 504/SqFt
  • Living: 2,095/SqFt
  • Building: 2,095/SqFt
  • Ground: 2,856/SqFt
  • Garage Finished: 504/SqFt
  • Price Per Square Foot: $59.67

Legal Description

  • Description: 105X125 IRR
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rutherford County School District in Murfreesboro
  • Lat / Lon: 35.88207 / -86.39165
  • Subdivision: Ravenwood Sec 5
  • Property Class: Residential
  • County Use Code: 1000

Amenities

  • Plus Four: 6652
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

407 Independence Way has no associated ownership info
407 Independence Way has no associated ownership info.

Taxes

407 Independence Way has 10 associated Taxes items

407 Independence Way, Murfreesboro, TN pays taxes in Rutherford County, TN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $103,650. The APN we've located for 407 Independence Way is 080C-E-053.00-000.

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Taxes
  • Assessed Value:  $103,650
  • Assessed Year:  2026
  • Assessed County:  Rutherford
  • APN:  080C-E-053.00-000
  • Assessed Land Value:  27500
  • Market Land Value:  110000
  • Tax Amount:  2372
  • Tax Year:  2025
  • Market Value:  414600
  • Market Year:  2026

Tax History

407 Independence Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $103,650 Land Value $27,500 Improvement Value $76,150 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,372 Change Rate +0.08113% Assessed CR Tax Rate
Year 2024 Assessed Value $77,525 Land Value $13,750 Improvement Value $63,775 Tax Amount $2,194 Change Rate Assessed CR Tax Rate +0.028301%
Year 2023 Assessed Value $77,525 Land Value $13,750 Improvement Value $63,775 Tax Amount $2,194 Change Rate +0.101406% Assessed CR Tax Rate +0.028301%
Year 2022 Assessed Value $77,525 Land Value $13,750 Improvement Value $63,775 Tax Amount $1,992 Change Rate +0.660955% Assessed CR Tax Rate +0.025695%
Year 2021 Assessed Value $57,125 Land Value $11,250 Improvement Value $45,875 Tax Amount $1,199.31 Change Rate -0.40184% Assessed CR Tax Rate +0.020994%
Year 2020 Assessed Value $57,125 Land Value $11,250 Improvement Value $45,875 Tax Amount $2,005 Change Rate +1.720488% Assessed CR Tax Rate +0.035098%
Year 2019 Assessed Value $57,125 Land Value $11,250 Improvement Value $45,875 Tax Amount $737 Change Rate +0.359779% Assessed CR Tax Rate +0.012902%
Year 2018 Assessed Value $57,125 Land Value Improvement Value Tax Amount $542 Change Rate +47.74101% Assessed CR Tax Rate +0.009488%
Year 2017 Assessed Value $41,475 Land Value Improvement Value Tax Amount $11.12 Change Rate -0.993102% Assessed CR Tax Rate +0.000268%
Year 2016 Assessed Value $41,475 Land Value Improvement Value Tax Amount $1,612 Change Rate Assessed CR Tax Rate +0.038867%
Year 2015 Assessed Value $41,475 Land Value Improvement Value Tax Amount $1,612 Change Rate +0.563531% Assessed CR Tax Rate +0.038867%
Year 2014 Assessed Value $41,475 Land Value Improvement Value Tax Amount $1,031 Change Rate Assessed CR Tax Rate +0.024858%
Year 2013 Assessed Value $37,850 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate