Sold
Last Sold Price
6,534,000 Lot Size150 Acres
16431 Wallace Hollow Rd, Silver Point, TN 38582
LandProperty Type
150 acresLot Size

Description

Welcome to the Putnam 150, located just off of I-40 in the heart of the Cumberland Plateau. This 150 acre tract has been enjoyed by this family for nearly 50 years, and is ready to pass it on to the next owners. The tract is exactly what you think of when thinking of Middle Tennessee; beautiful rolling pasture, great timber, and wildlife at every turn. The uniqueness of this property begins as soon as you turn off of Buffalo Valley Road. Access to this property is through a 10ft by 10ft tunnel, which...Welcome to the Putnam 150, located just off of I-40 in the heart of the Cumberland Plateau. This 150 acre tract has been enjoyed by this family for nearly 50 years, and is ready to pass it on to the next owners. The tract is exactly what you think of when thinking of Middle Tennessee; beautiful rolling pasture, great timber, and wildlife at every turn. The uniqueness of this property begins as soon as you turn off of Buffalo Valley Road. Access to this property is through a 10ft by 10ft tunnel, which actually leads under the interstate, providing a sense of security and exclusivity. The property has 3 homes on the property currently, and are waiting for the next owners to update them and make them their own. They are currently rented, and could continue to provide income on Day 1 of owning the property. With multiple other build sites with soil tests to go with it, this could easily be turned in to a place that guest from around the country could come enjoy what Tennessee is all about. This could be your self-sustaining compound you've dreamed of. Raise livestock, grow crops, and drink from one of your multiple springs on the property. Whitetail deer and wild turkey are also thriving on this tract, as evident by the sign that was found. This is a once in a generation farm that comes available to the open market. Come see the Putnam 150 for yourself to really grasp all that it has to offer.
  • Listed by: Jason Heathcoe 931.808.0624 jason@smalltownproperties.com • SmallTown Hunting Properties & Real Estate
Listing closed: 10/17/2025 12:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 2789608

Recent comparable sales

Median sold price

$85,000

Avg days on market

151

Sale-to-list ratio

94.8%

Silver Point, TN

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Location

Listing Courtesy of SmallTown Hunting Properties & Real Estate, Jason Heathcoe (931.808.0624)

Sold By Town & Lake Realty, Inc., Amy Clare Lockhart (615.418.7456)

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Principal and Interest

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Property Taxes

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Property Information for 16431 Wallace Hollow Road

Property Details
  • Taxes: $1,419 / year
  • MLS Type: Farm
  • Waterfront: No
Building Information
  • Lot Size: 150.00 AC
Summary
Location and General Information
  • Directions: FROM COOKEVILLE: Get on I-40 West for 12 miles. Takes Exit 274. Turn right at the 1st cross street onto TN-141 W for 1.2 miles. Slight right onto Dr Smith Rd to Buffalo Valley Road. Continue for 2.5 miles. Property driveway will be on the left for tunnel
  • Elementary School: Baxter Primary
  • High School: Upperman High School
  • Levels: Three Or More
  • Living Area Units: Square Feet
  • Middle Or Junior School: Upperman Middle School
  • Mlg Can View: Yes
  • Topography: Hilly,Private,Views,Wooded
  • Zoning: AG
  • Road Frontage Type: County Road
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
Lot Information
  • Lot Features: Hilly, Private, Views, Wooded
  • Lot Size Source: Survey
  • Lot Size Units: Acres
  • Parcel Number: 089 00700 000
  • Road Surface Type: Asphalt
  • Lot Size Area: 150.0
Property and Assessments
  • Documents Count: 1
  • Habitable Residence: No
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Senior Community: No
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Interior Features
  • Wooded Area: 110.0
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: No

Property History for 16431 Wallace Hollow Road

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Closed

REALTRACS #2789608

$620,000
Oct 7, 2025

Closed (Public Record)

Public Record #1917002674

$620,000

+23.9% / yr

Aug 4, 2025

Contract - Not Showing

REALTRACS #2789608

DateEvent & SourcePrice
10/17/2025

Closed

REALTRACS #2789608

$620,000
10/07/2025

Closed (Public Record)

Public Record #1917002674

$620,000

+23.9% / yr

08/04/2025

Contract - Not Showing

REALTRACS #2789608

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

Public Records for 16431 Wallace Hollow Road

Taxable ValueLand$28,850Additions$24,500Total$53,350
Tax Record2025$1,419 ($118 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,308 SqFtAbove Grade Finished SqFt1,308 SqFtStories2Lot Size6,534,000 SqFtStyleMiscellaneous ResidentialYear Built1950CountyPUTNAMAPN089 00700

Schools near 16431 Wallace Hollow Road

This home is within Putnam County School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Baxter Primary
PublicPK to 1

Baxter Elementary School
Public2 to 4

Upperman Middle School
Public5 to 8

Upperman High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SmallTown Hunting Properties & Real Estate, Jason Heathcoe (931.808.0624)

Based on information submitted to the MLS GRID as of 10/17/2025 01:25 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.