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Single Family ResidenceResidential
$30,723$36 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 84How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $1,500 on May 17, 2017

540 BISHOP ST

RIDGELY, TN 38080
1
Baths
864 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$31K
$26K low$36K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,500 · May 17, 2017
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$30,723
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$24,578

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$260 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$5,475 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,725
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,750
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,950
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$21,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.16
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Floor/Wall Furnace
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 60 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Lara Kendall Elementary SchoolC
Middle · Grades 3–8 · 0.4 mi
H
Lake County High SchoolD
High · Grades 9–12 · 7.3 mi
E
Margaret Newton Elementary School
Elementary · Grades PK–2 · 7.4 mi

District: Lake County School District

Neighborhood · ZIP 38080These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.714

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.0%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.2,239
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.17 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$44,554
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,054
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Ownership

Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Bishop St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Ridgely 38080
  • Costs less per square foot than 97% of homes in Ridgely 38080
  • Smaller than 91% of homes in Ridgely 38080
  • Has a smaller lot than 95% of homes in Ridgely 38080
  • Newer than 66% of homes in Ridgely 38080

What homes are worth in Ridgely 38080

Each bar is how many homes fall in that price range. The marker is this home.

This home
$35K$319K

This home is worth less than almost all homes in Ridgely 38080.

How it measures up in Ridgely 38080

The dot is this home. The mark in the middle is the typical home in Ridgely 38080.

Estimated value$30,723
CheaperTypical $99,540Pricier

Cheaper than almost all homes nearby

Price per ft²$36
CheaperTypical $76Pricier

Pricier than 3% of homes nearby

Living area864 ft²
SmallerTypical 1,300 ft²Bigger

Bigger than 9% of homes nearby

Lot size0.16 ac
SmallerTypical 0.39 acBigger

Bigger than 5% of homes nearby

Year built1980
OlderTypical 1967Newer

Newer than 66% of homes nearby

How 540 Bishop St ranks against every home in each area.
MeasureThis homeRidgely 38080Lake County
Estimated valuepricier than$30,723almost no homes2% of homes
Price per ft²pricier than$363% of homes3% of homes
Living areabigger than864 ft²9% of homes12% of homes
Lot sizebigger than0.16 ac5% of homes10% of homes
Year builtnewer than198066% of homes65% of homes

About 540 Bishop St

How much is 540 Bishop St, Ridgely, TN worth?

The TopHap Estimate for 540 Bishop St, Ridgely, TN is $30,723 as of Jul 14, 2026. The likely range is $25,777 to $35,669. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Bishop St, Ridgely, TN last sell?

540 Bishop St, Ridgely, TN last sold on May 17, 2017 for $1,500, according to the county's recorded deed.

How big is 540 Bishop St, Ridgely, TN?

540 Bishop St, Ridgely, TN has 1 bathrooms, 864 square feet of living space and a 0.16-acre lot.

When was 540 Bishop St, Ridgely, TN built?

540 Bishop St, Ridgely, TN was built in 1980, making it 46 years old. The building has 1 story.

What schools serve 540 Bishop St, Ridgely, TN?

540 Bishop St, Ridgely, TN is assigned to Lara Kendall Elementary School (middle), rated C; Lake County High School (high), rated D; Margaret Newton Elementary School (elementary). All sit in Lake County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Bishop St, Ridgely, TN compare to other homes in Ridgely 38080?

Among the 936 homes in Ridgely 38080, it is worth more than almost none of them ($30,723 against a typical $99,540), its price per square foot is higher than 3% of them ($36 against a typical $76), it is bigger than 9% of them (864 ft² against a typical 1,300 ft²), its lot is bigger than 5% of them (0.16 ac against a typical 0.39 ac) and it is newer than 66% of them (1980 against a typical 1967). Measured against all of Lake County, it is worth more than 2% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Bishop St, Ridgely, TN?

The 2024 property tax bill for 540 Bishop St, Ridgely, TN was $260. The county assessed it at $5,475.

Closest homes

More homes in Ridgely 38080

Assigned schools

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