This 2 bedroom, 2 bath bungalow offers solid fundamentals and plenty of opportunity to add value. The home features vinyl siding, a covered front porch, a newer roof, and original woodwork on the main level that adds character. All appliances will stay, making it easier for a new owner or investor to get started right away. The basement includes a non-conforming room that can be used for storage, hobbies, or additional living space with updates. Outside, the property sits on a large lot with a detached single car garage, offering space to expand, garden, or improve over time. With opportunity to update and add value, this home is a great candidate for an investor looking for a rental property or a buyer looking for an affordable home. Plus it is an easy commute to Harlan County Lake.
Sold for $66,000
$66,000
501 16th Ave, Franklin, NE 68939
2beds
2baths
1,326sqft
Single Family Residence
Built in 1930
9,360 Square Feet Lot
$66,200 Zestimate®
$50/sqft
$1,235 Estimated rent
Home value
$66,200
Estimated sales range
Not available
$1,235/mo
Zestimate® history
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$341/mo
Est. payment
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List your homeWhat's special
Large lotCovered front porchVinyl sidingAll appliances will stayDetached single car garageNewer roof
Zillow last checked:
Listing updated:
Listed by:
Dawn Thompson,
eXp Realty
Bought with:
Bradly Anderson
Real Estate Group of Hastings, Inc.
Source: REALTORS of Greater Mid-Nebraska MLS,MLS#: 20251609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: 1
- Area: 113.9
- Dimensions: 11.58 x 9.83
Bedroom 2
- Level: 1
- Area: 106.18
- Dimensions: 11.58 x 9.17
Bedroom 3
- Level: 4
- Area: 127.46
- Dimensions: 11.5 x 11.08
Dining room
- Features: Formal
- Level: 1
- Area: 156.79
- Dimensions: 11.83 x 13.25
Family room
- Level: 4
- Area: 286.67
- Dimensions: 13.33 x 21.5
Kitchen
- Level: 1
- Area: 113.73
- Dimensions: 8.58 x 13.25
Living room
- Level: 1
- Area: 156.79
- Dimensions: 11.83 x 13.25
Basement
- Area: 884
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Partially Finished
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,326 sqft
- Finished area above ground: 884
- Finished area below ground: 884
Property
Parking
- Total spaces: 1
- Parking features: Detached, Detached Garage
- Garage spaces: 1
Features
- Waterfront features: None
Lot
- Size: 9,360 Square Feet
- Dimensions: 72x130
Details
- Additional structures: Shed(s)
- Parcel number: 0500054200
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Comp/Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Subdivision: NE
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $52,120
- Annual tax amount: $901
- Price range: $66K - $66K
- Date on market: 12/9/2025
- Cumulative days on market: 127 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $66,000-5.7%$50/sqft |
Source: REALTORS of Greater Mid-Nebraska MLS #20251609 Report a problem | ||
| 5/17/2026 | Pending sale | $70,000$53/sqft |
Source: REALTORS of Greater Mid-Nebraska MLS #20251609 Report a problem | ||
| 1/29/2026 | Price change | $70,000-11.4%$53/sqft |
Source: eXp Realty #20251609 Report a problem | ||
| 12/9/2025 | Listed for sale | $79,000+3.3%$60/sqft |
Source: REALTORS of Greater Mid-Nebraska MLS #20251609 Report a problem | ||
| 4/18/2024 | Listing removed | -- |
Source: Nebraska Realtors Outstate #33697 Report a problem | ||
| 2/25/2024 | Listed for sale | $76,500+155%$58/sqft |
Source: Nebraska Realtors Outstate #33697 Report a problem | ||
| 6/19/2012 | Sold | $30,000$23/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $736 -8.1% | $52,120 +15.7% |
| 2023 | $802 +2.4% | $45,055 +9.7% |
| 2022 | $783 +16.3% | $41,055 +14.2% |
| 2021 | $673 -9.5% | $35,960 -5.1% |
| 2020 | $743 +1.3% | $37,895 |
| 2018 | $734 +9.9% | $37,895 +5.5% |
| 2017 | $668 +8.1% | $35,910 |
| 2016 | $618 +14.1% | $35,910 +26.4% |
| 2015 | $542 +0.7% | $28,410 |
| 2014 | $538 | $28,410 +33.2% |
| 2013 | -- | $21,330 |
| 2012 | -- | $21,330 +0.5% |
| 2011 | -- | $21,230 +0.8% |
| 2010 | -- | $21,060 |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 68939
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Nearby schools
GreatSchools rating
- 6/10Franklin Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10FRANKLIN MIDDLE SCHOOLGrades: 6-8Distance: 0.4 mi
- 5/10Franklin Secondary SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Franklin
- Middle: Franklin
- High: Franklin
Source: REALTORS of Greater Mid-Nebraska MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Nebraska
- Franklin County
- Franklin
- 68939
- 501 16th Ave
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