1032 Highway 138

$1,600,000
Price
4
Beds
6,551 Sq. Ft.
$244 / Sq. Ft.
6,551
Sq. Ft.
$244
per Sq. Ft.

Description

Welcome to Mercer, TN- a rare opportunity to own a luxury homestead with privacy, acreage, and endless potential. This 6,551-sf estate features 4 bedrooms, 5.5 bathrooms, a mother-in–law suite and multiple flex rooms for an office, theater, rec room, gym, or media space. Recent upgrades include:
New architectural roof (2022)
New exterior doors and several windows
All new flooring throughout
Large walk in custom pantry
New half bath addition
Updated kitchen appliances
Quartz countertops + custom island
The
...Welcome to Mercer, TN- a rare opportunity to own a luxury homestead with privacy, acreage, and endless potential. This 6,551-sf estate features 4 bedrooms, 5.5 bathrooms, a mother-in–law suite and multiple flex rooms for an office, theater, rec room, gym, or media space. Recent upgrades include:
New architectural roof (2022)
New exterior doors and several windows
All new flooring throughout
Large walk in custom pantry
New half bath addition
Updated kitchen appliances
Quartz countertops + custom island

The open-concept main level is built for hosting, with soaring 9–12’+ ceilings and a kitchen that flows right into your gathering spaces. The primary suite features a double vanity, soaking tub, walk-in shower, and spacious walk-in closet with custom built ins. A true in-law/guest suite provides multigenerational living options. Outdoors, you’ll find a generous barn/ workshop, a basketball court with stadium lighting, plus 17 newly planted fruit trees (peach, pear, plum, apple, cherry) establishing your own orchard.
  1. Listed by Steve Koleno • Beycome Brokerage Realty, LLC

Property Details for 1032 Highway 138

Pets Allowed
Yes
Subdivision Name
None
Waterfront
No
LISTING UPDATED: 12/26/2025 03:20 AM

Property Details for 1032 Highway 138

StatusActive
MLS #3035746
Days on Market66
Taxes$5,144 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2001
Lot Size43.00 AC / 1,873,080 SF
CountyMadison County

Location

Listing Courtesy of Beycome Brokerage Realty, LLC
Add your commute

Building Information for 1032 Highway 138

Stories2Year Built2001Building Size-Lot Size43.00 AC / 1,873,080 SF

Payment Calculator

$8,227 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,798

Property Taxes

$429

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1032 Highway 138

Summary
Location and General Information
  • Directions: Take the I-40W ramp towards Memphis. Take the TN-138/Providence Rd EXIT 68, Turn left onto TN-138, Home is located on the right.
  • Elementary School: Denmark Elementary
  • High School: South Side High School
  • Levels: One
  • Living Area Source: Other
  • Living Area Units: Square Feet
  • Middle Or Junior School: West-Bemis Middle School
  • Mlg Can View: Yes
Parking
  • Garage Spaces: 2.00
  • Parking Features: Garage Faces Side
  • Parking Total: 2.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Other
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Other
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Other
  • Building Area Units: Square Feet
  • Flooring: Vinyl
Lot Information
  • Lot Size Source: Owner
  • Lot Size Units: Acres
  • Parcel Number: 135 00200 000
  • Lot Size Area: 43.0
Property and Assessments
  • Construction Materials: Hardboard Siding, Brick
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Renovated
Utilities
  • Basement: None
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Built-In Gas Oven, Double Oven, Trash Compactor, Dishwasher, Disposal, ENERGY STAR Qualified Appliances
  • Interior Features: Air Filter, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s)
  • Other Equipment: Irrigation System, Air Purifier
Bedroom Information
  • Main Level Beds: 4
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Foundation Details: Other
  • Garage: Yes
  • Pool Private: No
  • View YN: No

Property History for 1032 Highway 138

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Listed (Active)

REALTRACS #3035746

$1,600,000
Jan 31, 2022

Temporarily Off Market

CWTAOR #209636

$1,299,000
Oct 17, 2021

Listed (Active)

CWTAOR #209636

$1,299,000
Jun 4, 2018

Sold (Public Record)

Public Record #623339270

$480,100

-1.0% / yr

Jun 4, 2018

Sold

CWTAOR #181255

$480,000
May 3, 2018

Contract Signed

CWTAOR #181255

Feb 1, 2018

Listed (Active)

CWTAOR #181255

$535,000
Dec 11, 2009

Sold (Public Record)

Public Record #282123990

$522,500
Dec 11, 2009

Sold (Public Record)

Public Record #286177658

$522,500
DateEvent & SourcePrice
10/30/2025

Listed (Active)

REALTRACS #3035746

$1,600,000
01/31/2022

Temporarily Off Market

CWTAOR #209636

$1,299,000
10/17/2021

Listed (Active)

CWTAOR #209636

$1,299,000
06/04/2018

Sold (Public Record)

Public Record #623339270

$480,100

-1.0% / yr

06/04/2018

Sold

CWTAOR #181255

$480,000
05/03/2018

Contract Signed

CWTAOR #181255

02/01/2018

Listed (Active)

CWTAOR #181255

$535,000
12/11/2009

Sold (Public Record)

Public Record #282123990

$522,500
12/11/2009

Sold (Public Record)

Public Record #286177658

$522,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1032 Highway 138

Taxable ValueLand$18,575Additions$256,000Total$274,575
Tax Record2024$5,144 ($429 / month)
Home Facts
Beds0Total Finished SqFt6,473 SqFtAbove Grade Finished SqFt6,161 SqFtFinished Basement SqFt312 SqFtStories2Lot Size1,873,080 SqFtStyleMiscellaneous ResidentialYear Built2001CountyMADISONAPN135 00200Fireplace TypeHas Fireplace

Schools near 1032 Highway 138

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Denmark Elementary School
PublicPK to 5

West Middle School
Public6 to 8

South Side High School
Public9 to 12

Malesus Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1032 Highway 138 is a single family home for sale in Mercer, TN 38392. This property was listed for sale on October 30, 2025 by Beycome Brokerage Realty, LLC, it's currently listed at $1,600,000. It has been on the market for a total of 66 days and was last sold on June 4, 2018. This listing's school district is Madison County School District. Nearby schools include Denmark Elementary School, West Middle School and South Side High School. 1032 Highway 138 is a 4-bed, 6-bath, 6,551 sqft single family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beycome Brokerage Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/05/2026 08:34 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.