647 Madison Ave, Memphis, TN 38103 Property Records

Shelby County property record for 647 Madison Ave, Memphis, TN 38103

Property Summary

Property Type	Commercial Office
Details	12,544 sqft · built 1945
Lot Size	0.478 acres (20,822 sqft)
Owner	Company Name on Record
Last Sale	$350,000 (Mar 2018)
Tax Bill	$24,117 (2025)
Deeds & Mortgages	Jul 2020 Mortgage Aug 2019 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`00-7033-0-0005C`

Property Details

APN / Parcel Number

Primary APN	`00-7033-0-0005C`
Alternative APN	`007033 00005`

Interior

Stories	1 Story
Building Area	12,544 sqft Gross Area
1st Floor Area	11,512 sqft
Overhead Door	Overhead Door

Exterior

Year Built	Built 1945
Effective Year Built	Effective 2000
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Fireproof Reinforced Concrete
Lot Area	20,822 sqft (0.478 acres)
Canopy	36 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Heating Fuel	Gas

Location & Zoning

Street Address	647 MADISON AVE
City	MEMPHIS
State	TN
Zip	38103-3307
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	CBD
Legal Description	SS MADISON SEE MAP GRID 132 M
Legal Subdivision	AMOUR
Legal Lot Number	C496
Jurisdiction	SHELBY TN
Township / Civil Division	8
Census Block Group	3
Census Block	3003
Census Tract	11401

Owner

Source: Shelby County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	647 MADISON AVE, MEMPHIS, TN 38103-3307
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 21, 2020	Deed of Trust, Mortgage MEMPHIS CENTER CITY DEV CORP
Aug 6, 2019	Quit Claim Deed, Construction Loan · Line of Credit FIRST ALLIANCE BK
Mar 5, 2018	Warranty Deed, Construction Loan · Construction Mortgage COMMERCIAL BK/GA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 5, 2018 · Amount on Record
Deed Sale	Mar 5, 2018 · Amount on Record
Deed Document Number	201820930
Record Updated	Sep 20, 2026

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SHELBY TN
Property Address	647 MADISON AVE, MEMPHIS, TN 38103-3307
Document Number	0000077319
Instrument Date	Jul 21, 2020
Transaction Type	Mortgage
Record Updated	Aug 10, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	647 MADISON AVE MEMPHIS TN 381033307, MEMPHIS, TN 38103-3307

Mortgage

Document Number	0000077319
Date	Jul 27, 2020
Instrument	77319

Lender

Name	MEMPHIS CENTER CITY DEV CORP

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Jul 26, 2030

August 2019: Quit Claim Deed, Construction Loan

Document Type	Quit Claim Deed
Jurisdiction	SHELBY TN
Recording Date	Aug 6, 2019
Property Address	647 MADISON AVE, MEMPHIS, TN 38103-3307
Document Number	0000079544
Instrument Date	May 17, 2019
Instrument	79544
Transaction Type	Construction Loan
Record Updated	Aug 15, 2019
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	647 MADISON AVE MEMPHIS TN 381033307, MEMPHIS, TN 38103-3307

Mortgage

Document Number	79545
Date	Aug 6, 2019
Instrument	79545

Lender

Name	FIRST ALLIANCE BK
Type	Bank
Address	464 N FRONT ST, MEMPHIS, TN 38105-1508

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Aug 5, 2039

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	79547,
Date	Aug 6, 2019
Instrument	79547

Lender

Name	FIRST ALLIANCE BK
Type	Bank
Address	464 N FRONT ST, MEMPHIS, TN 38105-1508

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

March 2018: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Mar 5, 2018
Property Address	647 MADISON AVE, MEMPHIS, TN 38103-3307
Document Number	0000020930
Instrument Date	Mar 2, 2018
Instrument	20930
Transaction Type	Construction Loan
Record Updated	Mar 13, 2018
Title Company	OLD REPUBLIC TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,295.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	647 MADISON AVE MEMPHIS TN 381033307, MEMPHIS, TN 38103-3307

Mortgage

Document Number	20931
Date	Mar 5, 2018
Instrument	20931

Lender

Name	COMMERCIAL BK/GA
Type	Bank
Address	MEMPHIS, TN 38117

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Mar 4, 2019

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$24,117.00 (+14.74%)	$896,560 (+44.6%) Land $102,760 Building $793,800	$2,241,400 (+44.6%) Land $256,900 Building $1,984,500
2024	$21,019.00 (-44.35%)
2023		$620,040 Land $85,640 Building $534,400
2022	$37,770.00
2021			$1,550,100 Land $214,100 Building $1,336,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

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

Wildfire Risk	Not rated no burnable land within ember reach

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	MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450
Water Source	Groundwater
Last State Inspection	Apr 2024
Lead	5 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 156 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: T-Mobile, Verizon.

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