Charming investment property featuring 2 bedrooms and 1 bathroom, spanning 1,100 square feet. Nestled on nearly an acre of land, this home offers ample space for outdoor activities and future expansion. Ideal for rental income or a cozy personal residence, this property combines comfort with potential. Selling AS-IS.
Sold for $132,000
$132,000
502 E Madison St, Franklin, KY 42134
2beds
1,100sqft
Residential Farm
Built in 1940
0.94 Acres Lot
$158,800 Zestimate®
$120/sqft
$1,362 Estimated rent
Home value
$158,800
$135,000 - $183,000
$1,362/mo
Zestimate® history
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$828/mo
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Zillow last checked:
Listing updated:
Listed by:
Telan Halsell 270-996-1964,
Keller Williams First Choice R,
Keena Smart Mccoy 270-202-0252,
Keller Williams First Choice R
Bought with:
Bethany Andrews, 288335
Crye-Leike Executive Realty
Source: RASK,MLS#: RA20243503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bathroom
- Features: Tub/Shower Combo
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Electric Range, Refrigerator, Dryer, Washer, Electric Water Heater
- Laundry: In Kitchen
Features
- Ceiling Fan(s), Walls (Dry Wall), Eat-in Kitchen
- Flooring: Carpet, Hardwood
- Windows: Wood Frames, Blinds, Drapes
- Basement: None,Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Handicap Accessible, Accessible Approach with Ramp
Features
- Patio & porch: Porch
- Exterior features: Trees
- Fencing: None
- Body of water: None
Lot
- Size: 0.94 Acres
- Dimensions: 100x410
- Features: Trees, City Lot
Details
- Additional structures: Storage, Shed(s)
- Parcel number: n/a
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential Farm
Materials
- Asbestos, Shingle Siding
- Foundation: Block
- Roof: Shingle
Condition
- New Construction
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Electricity Available, Satellite Dish, Street Lights
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: N/A
HOA
- Amenities included: None
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $70,000
- Annual tax amount: $209
- Price range: $149K - $132K
- Date on market: 7/1/2024
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Sold | $132,000-11.4%$120/sqft |
Source:  RASK #RA20243503 Report a problem | ||
| 7/2/2024 | Listed for sale | $149,000$135/sqft |
Source: RASK #RA20243503 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $209 -4.9% | $70,000 |
| 2023 | $220 -14.7% | $70,000 |
| 2022 | $258 +213% | $70,000 +40% |
| 2021 | $82 -12.1% | $50,000 |
| 2020 | $94 -1.9% | $50,000 |
| 2019 | $96 -13.4% | $50,000 |
| 2018 | $110 +2.3% | $50,000 |
| 2017 | $108 +586.1% | $50,000 |
| 2016 | $16 | $50,000 |
| 2015 | $16 | $50,000 |
| 2013 | -- | $50,000 |
| 2011 | -- | $50,000 |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 42134
Nearby homes
- $28,000-- bd-- ba-- sqftE Madison St, Franklin, KY 42134Off Market
- $30,000-- bd-- ba-- sqftE Madison St, Franklin, KY 42134Off Market
- $132,0002 bd1 ba1.2k sqft501 E Madison St, Franklin, KY 42134For Sale
- $173,2003 bd1 ba1.4k sqft500 E Madison St, Franklin, KY 42134Off Market
- $177,8004 bd2 ba2.5k sqft504 E Madison St, Franklin, KY 42134Off Market
- $218,9004 bd2 ba1.3k sqft503 E Madison St, Franklin, KY 42134Off Market
- $125,6003 bd1 ba1.6k sqft506 E Madison St, Franklin, KY 42134Off Market
- $60,0003 bd1 ba1.6k sqft420 E Madison St, Franklin, KY 42134Off Market
Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-KDistance: 0.4 mi
- 6/10Franklin-Simpson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Franklin-Simpson High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Franklin
- 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.
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$158,800
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$161,976
- Kentucky
- Simpson County
- Franklin
- 42134
- 502 E Madison St
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