198 Lock 7 Ln

Price
3
Beds
1,573 Sq. Ft.
/ Sq. Ft.
1,573
Sq. Ft.
per Sq. Ft.

Description

January 10th, 2026, 10:00 a.m. on site, absolute real estate auction. Three bedroom 2 bath farmhouse on 3 acres. Property does need work, but offers a nice country backdrop. Smith Co. Court Case #2025-PR-2864. No Buyer's Premium. This property will sell at 11:00 a.m. on site, January 10th. Real Estate General Terms: A 10% non-refundable deposit of the total contract price & signing of Auction Purchase Contract immediately following the close of the auction will be required. There is NO BUYER’S PREMIUM...January 10th, 2026, 10:00 a.m. on site, absolute real estate auction. Three bedroom 2 bath farmhouse on 3 acres. Property does need work, but offers a nice country backdrop. Smith Co. Court Case #2025-PR-2864. No Buyer's Premium. This property will sell at 11:00 a.m. on site, January 10th. Real Estate General Terms: A 10% non-refundable deposit of the total contract price & signing of Auction Purchase Contract immediately following the close of the auction will be required. There is NO BUYER’S PREMIUM on Real Estate or Personal Property. A valid drivers license is required to register to bid. Property is being sold “AS-IS” ‘”WHERE IS’’. Sale is contingent upon Court approval only. All Information Is Believed To Be Correct, But Not Warranted Or Guaranteed. Day of Sale Announcements & Terms and Conditions take precedence over all oral statements and printed material. Closing will be held no sooner than 30 days after court approval which is typically within three weeks from auction date. Court Case #2025-PR-2864
Estate of Mark Ivy Thompson Seller: Smith Co. TN Special Commissioner & Receiver Jessie Goad
  1. Listed by Mike E. Walker • Walker Auction & Realty, LLC

Property Details for 198 Lock 7 Lane

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 11/25/2025 03:03 PM

Property Details for 198 Lock 7 Lane

StatusActive
MLS #3050699
Days on Market32
Taxes$584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size3.00 AC / 130,680 SF
CountySmith County

Location

Listing Courtesy of Walker Auction & Realty, LLC, Mike E. Walker (615.308.9009)
Add your commute

Building Information for 198 Lock 7 Lane

Stories2Year Built1920Building Size-Lot Size3.00 AC / 130,680 SF

Property Information for 198 Lock 7 Lane

Summary
Location and General Information
  • Directions: From Lebanon TN Square, travel Carthage Hwy to left onto Lock Seven Lane, property on right.
  • Elementary School: Carthage Elementary
  • High School: Smith County High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Smith County Middle School
  • Mlg Can View: Yes
  • Topography: Level
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Laminate
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Parcel Number: 047 00605 000
  • Lot Size Area: 3.0
Property and Assessments
  • Construction Materials: Frame
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Basement: Crawl Space
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: None
Bedroom Information
  • Main Level Beds: 1
Exterior Features
  • Attached Garage: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No

Property History for 198 Lock 7 Lane

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Listed (Active)

REALTRACS #3050699

Sep 25, 2020

Closed (Public Record)

Public Record #679524092

$55,000

-6.1% / yr

Mar 28, 2008

Closed (Public Record)

Public Record #234523472

$121,500

-4.8% / yr

Nov 20, 2006

Closed (Public Record)

Public Record #209351182

$129,900

+15.8% / yr

Feb 4, 2005

Closed (Public Record)

Public Record #151317815

$99,900
DateEvent & SourcePrice
11/25/2025

Listed (Active)

REALTRACS #3050699

09/25/2020

Closed (Public Record)

Public Record #679524092

$55,000

-6.1% / yr

03/28/2008

Closed (Public Record)

Public Record #234523472

$121,500

-4.8% / yr

11/20/2006

Closed (Public Record)

Public Record #209351182

$129,900

+15.8% / yr

02/04/2005

Closed (Public Record)

Public Record #151317815

$99,900

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

Public Records for 198 Lock 7 Lane

Taxable ValueLand$10,775Additions-Total$10,775
Tax Record2024$187 ($16 / month)
Home Facts
Beds0Lot Size419,483 SqFtStyleResidentialCountySMITHAPN047 02304

Schools near 198 Lock 7 Lane

This home is within Smith County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Union Heights Elementary School
PublicPK to 8

Smith County Middle School
Public5 to 8

Smith County 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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198 Lock 7 Lane is a single family home for sale in Carthage, TN 37030. This property was listed for sale on November 25, 2025 by Walker Auction & Realty, LLC. It has been on the market for a total of 32 days and was last sold on September 25, 2020. This listing's school district is Smith County School District. Nearby schools include Union Heights Elementary School, Smith County Middle School and Smith County High School. 198 Lock 7 Lane is a 3-bed, 2-bath, 1,573 sqft single family home built in 1920.

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 Walker Auction & Realty, LLC, Mike E. Walker (615.308.9009)

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/27/2025 04:33 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.