240 Simpson Ln, Bean Station, TN 37708 Property Records

Grainger County property record for 240 Simpson Ln, Bean Station, TN 37708

Property Summary

Property Type	Single Family Home
Details	3 ba · 1,682 sqft · built 1980
Lot Size	0.96 acres (41,818 sqft)
Owner	2 Individual Names on File
Last Sale	$165,000 (Nov 2015)
Tax Bill	$1,159 (2025)
Deeds & Mortgages	Nov 2018 Mortgage Jul 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`029043J A 02200`

Property Details

APN / Parcel Number

Primary APN	`029043J A 02200`
Alternative APN	`043J A 02200`

Interior

Full Baths	3 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Stories	1 Story
Building Area	1,682 sqft Living Area
1st Floor Area	1,682 sqft
Basement Area	1,682 sqft
Finished Basement	957 sqft
Unfinished Basement	725 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1980
Exterior Material	Brick
Foundation Type	Footing
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	41,818 sqft (0.96 acres)
Terrain	Rolling
Garage Area	725 sqft
Parking Spaces	3 Parking Spaces

Exterior Amenities

Pool Area	800 sqft
Porch	Enclosed Porch
Porch Area	706 sqft
Deck Area	576 sqft
Patio Area	1,397 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	240 SIMPSON LN
City	BEAN STATION
State	TN
Zip	37708-6861
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	DISTRICT: 02, COUNTY AREA: S01
Legal Subdivision	OLIVER ESTATES 2
Legal Lot Number	2,3 3
Jurisdiction	GRAINGER TN
Township / Civil Division	5
Census Block Group	1
Census Block	1062
Census Tract	500402

Owner

240 Simpson Ln is owned and occupied by two individuals who bought it in November 2015.

Source: Grainger County records, as of January 28, 2026

Owner of Record	2 Individual Names on File
Mailing Address	240 SIMPSON LN, BEAN STATION, TN 37708-6861
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 8, 2018	Deed of Trust, Mortgage · VA Mortgage THE FEDERAL SAVINGS BANK
Jul 23, 2019	Deed of Trust, Mortgage · VA Mortgage THE FEDERAL SAVINGS BANK
Apr 16, 2020	Deed of Trust, Mortgage · VA Mortgage THE FEDERAL SAVINGS BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 5, 2015 · Amount on File
Deed Sale	Nov 5, 2015 · Amount on File
Deed Document Number	0003511940
Deed Book / Page	IN328 / 1393
Prior Transfer Date	Apr 2, 2012
Prior Transfer Doc	12017735
Record Updated	Jun 8, 2026

November 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	GRAINGER TN
Property Address	240 SIMPSON LN, BEAN STATION, TN 37708-6861
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	TITLE SOURCE INC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000003093
Date	Nov 8, 2018
Book Page	372/1302
Instrument	18003093

Lender

Name	THE FEDERAL SAVINGS BANK
Type	Bank
Address	CHICAGO, IL 60607

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2048

July 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	GRAINGER TN
Property Address	240 SIMPSON LN, BEAN STATION, TN 37708-6861
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	TITLE SOURCE INC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000005561
Date	Jul 23, 2019
Book Page	377/1273
Instrument	19005561

Lender

Name	THE FEDERAL SAVINGS BANK
Type	Bank
Address	CHICAGO, IL 60607

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2049

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	GRAINGER TN
Property Address	240 SIMPSON LN, BEAN STATION, TN 37708-6861
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000008332
Date	Apr 16, 2020
Book Page	383/1167
Instrument	20008332

Lender

Name	THE FEDERAL SAVINGS BANK
Type	Bank
Address	CHICAGO, IL 60607

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2050

Tax Assessment & Valuation

The 2025 property tax bill for 240 Simpson Ln was $1,159.

Source: Grainger County assessment roll, as of May 20, 2025

Property Jurisdictions

Type	Name
State	Tennessee
County	Grainger County
Unified School District	Grainger County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,159.00	$49,325 (-) Land $7,425 Building $41,900
2024	$1,159.00	$49,325 (-) Land $7,425 Building $41,900
2023	$1,159.00 (+2.29%)	$49,325 (-) Land $7,425 Building $41,900
2022	$1,133.00	$49,325 Land $7,425 Building $41,900
2021			$197,300 Land $29,700 Building $167,600

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 240 Simpson Ln in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective December 16, 2008

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 240 Simpson Ln is low, with a 0.06% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 64% of the US · above 52% of Tennessee
Wildfire Likelihood	0.06% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	BEAN STATION UTILITY DISTRICT serves 10,748 people · EPA ID TN0000041
Water Source	Purchased surface water from MORRISTOWN UTILITIES COMMISSION
Last State Inspection	Apr 2024
Lead	1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 74 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Trilight Fiber	8,000 / 8,000
Spectrum Cable	1,000 / 1,000

Cell Coverage

5G (outdoors only) and 4G LTE

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