Discover the perfect opportunity to build on this 0.30-acre residential lot located at 506 Pelham Street, Franklin, KY. Conveniently located in the city limits and near schools, shopping, dining, and local amenities, this property combines the benefits of a quiet residential setting with easy access to everything Franklin has to offer. Whether you're a builder, investor, or future homeowner, this lot provides an excellent foundation for your next project. Don't miss this chance to own a build-ready lot in an established neighborhood. Bring your vision and make it a reality at 506 Pelham Street!
Lot/land
$40,000
506 Pelham St, Franklin, KY 42134
--beds
--baths
0.3Acres
VacantLand
Built in ----
0.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Quiet residential settingEstablished neighborhood
- 58 days
- 162
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Klay Kelley 270-792-2874,
Crye-Leike Executive Realty
Source: RASK,MLS#: RA20263986
Facts & features
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Fencing: None
Lot
- Size: 0.3 Acres
- Features: Mature Trees, City Lot
- Topography: Level
Details
- Additional structures: None
- Parcel number: Unk
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Water Available, Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Franklin
Financial & listing details
- Tax assessed value: $13,500
- Annual tax amount: $118
- Price range: $40K - $40K
- Date on market: 7/6/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,375/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $40,000+196.3% |
Source: | ||
| 11/8/2024 | Sold | $13,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $118 +67.3% | $13,500 +68.8% |
| 2024 | $71 -4.9% | $8,000 |
| 2023 | $74 +6.4% | $8,000 |
| 2022 | $70 +0.8% | $8,000 |
| 2021 | $69 -1% | $8,000 |
| 2020 | $70 -1.9% | $8,000 |
| 2019 | $71 | $8,000 |
| 2018 | -- | $8,000 -70.9% |
| 2017 | -- | $27,500 |
| 2016 | -- | $27,500 +19.6% |
| 2015 | -- | $23,000 |
| 2013 | -- | $23,000 |
| 2011 | -- | $23,000 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 42134
Nearby schools
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.





