Charming Colonial home with endless possibilities! Discover a rare opportunity with this Colonial-style home, built in 1850, situated just two blocks from the vibrant heart of historic downtown Franklin, Kentucky. This unique property offers the flexibility to serve as a residential space or a B-1 business location, making it perfect for small business owners, lawyers, retailers, and professional offices. Inside, you'll find beautiful hardwood floors and a modernized kitchen and bathroom, complete with elegant tile and granite countertops. Located just two blocks from the bustling downtown Franklin, you’ll have easy access to vibrant retail shops, dining options, and a variety of professional services. The community is alive with year-round entertainment, including summer concert series, car shows, and parades, along with cozy coffee shops to enjoy. Additionally, the property features a spacious, open backyard, perfect for gatherings or outdoor events. With high visibility on a busy street and convenient access to Nashville and Bowling Green, this property is the perfect opportunity for anyone looking to own their professional space or investment property. Buyers are responsible for verifying all zoning and permitting uses for the property.
For sale
Price cut: $6K (7/18)
$189,000
311 W Madison St, Franklin, KY 42134
2beds
1,540sqft
Single Family Residence
Built in 1850
9,583 Square Feet Lot
$186,200 Zestimate®
$123/sqft
$-- HOA
What's special
- 129 days
- 347
- 27
Zillow last checked:
Listing updated:
Listed by:
Robin Hollingsworth 270-598-1276,
Garmon Real Estate & Auction
Source: RASK,MLS#: RA20262367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 240
- Dimensions: 16 x 15
Bedroom 2
- Level: Upper
- Area: 240
- Dimensions: 16 x 15
Bathroom
- Features: Double Vanity, Granite Counters, Separate Shower
Dining room
- Level: Main
- Area: 208
- Dimensions: 16 x 13
Kitchen
- Features: Granite Counters
- Level: Main
- Area: 144
- Dimensions: 16 x 9
Living room
- Level: Main
- Area: 272
- Dimensions: 17 x 16
Heating
- Central, Gas
Cooling
- Central Air
Appliances
- Included: Range/Oven, Electric Range, Refrigerator, Smooth Top Range, Dryer, Washer, Gas Water Heater
- Laundry: Laundry Room
Features
- None, Walls (Plaster), Formal Dining Room
- Flooring: Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Screens, Tilt, Vinyl Frame, Wood Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Covered Front Porch
- Exterior features: Concrete Walks
- Fencing: None
- Body of water: None
Lot
- Size: 9,583 Square Feet
- Dimensions: approximately 60'x162'
- Features: City Lot
Details
- Parcel number: 0130019005.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Metal
Condition
- Year built: 1850
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available, Electricity Available, Garbage-Public, Internet Cable, Internet DSL, Natural Gas, Street Lights
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Unknown
HOA
- Amenities included: None
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $60,000
- Annual tax amount: $527
- Price range: $189K - $189K
- Date on market: 4/25/2026
- Road surface type: Asphalt, Concrete
Estimated market value
$186,200
$177,000 - $196,000
$1,173/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Price change | $189,000-3.1%$123/sqft |
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| 6/19/2026 | Price change | $195,000-2%$127/sqft |
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| 5/29/2026 | Price change | $199,000-2.9%$129/sqft |
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| 4/25/2026 | Listed for sale | $205,000$133/sqft |
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| 4/8/2026 | Listing removed | $205,000$133/sqft |
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| 4/2/2026 | Price change | $205,000-4.7%$133/sqft |
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| 3/11/2026 | Price change | $215,000-6.5%$140/sqft |
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| 2/2/2026 | Listed for sale | $230,000$149/sqft |
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| 1/8/2026 | Listing removed | $230,000$149/sqft |
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| 12/1/2025 | Listed for sale | $230,000+27.8%$149/sqft |
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| 8/25/2025 | Listing removed | $179,999$117/sqft |
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| 5/1/2025 | Price change | $179,999-10%$117/sqft |
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| 3/27/2025 | Price change | $199,999-11.1%$130/sqft |
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| 2/3/2025 | Price change | $225,000-4.3%$146/sqft |
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| 10/23/2024 | Listed for sale | $235,000$153/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $527 -0.8% | $60,000 |
| 2024 | $531 -4.9% | $60,000 |
| 2023 | $559 +6.4% | $60,000 |
| 2022 | $525 +0.8% | $60,000 |
| 2021 | $521 +18.8% | $60,000 +20% |
| 2020 | $438 -1.9% | $50,000 |
| 2019 | $447 +0.4% | $50,000 |
| 2018 | $445 +2.3% | $50,000 |
| 2017 | $435 +624.9% | $50,000 |
| 2016 | $60 | $50,000 +22% |
| 2015 | $60 | $41,000 |
| 2013 | -- | $41,000 |
| 2011 | -- | $41,000 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 42134
Nearby schools
Schools provided by the listing agent
- Elementary: Franklin Simpson
- Middle: Franklin Simpson
- High: Franklin Simpson
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






