$395,500
$55K PRICE DROP

1040 Rapids Rd Franklin, KY 42134

Estimated payment $2,257/month

Total Views 3,636
3 Beds
2 Baths
2,160 Sq Ft
$183 Price per Sq Ft

Highlights

  • 1 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

Welcome Home to 1040 Rapids Rd, Franklin, KY – a beautifully maintained 3-bedroom, 2-bath home situated on a private, 1-acre lot. This inviting property offers peaceful country living with the convenience of quick access to I-65, making it ideal for commuters or those seeking a quiet retreat near town. Step inside to find a well-cared-for interior with a functional layout, spacious living areas, and plenty of natural light. The kitchen and bathrooms are in excellent condition, reflecting the pride of ownership throughout. Outside, enjoy a serene, tree-lined setting, a paved driveway, and plenty of space for outdoor living, gardening, or simply relaxing in your own private oasis. Don’t miss this move-in ready home that perfectly blends comfort, location, and value. Schedule your showing today!

Listing Agent

Natasha Holcomb

Benchmark Realty, LLC Brokerage Phone: 9318021653 License #341448 Listed on: 09/13/2025

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1995

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Franklin Elementary School
  • Franklin-Simpson Middle School
  • Franklin-Simpson High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 042-00-00-087.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,151

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1995
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Electric Oven, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2160
  • Building Area Units: Square Feet
  • Living Area: 2160
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Fencing: Partial
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Covered, Patio
  • Pool Private: No
  • Roof: Shingle
  • Topography: Rolling Slope
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Detached, Asphalt, Driveway, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 1
  • Lot Size Units: Acres
  • Parcel #: 042-00-00-087.00
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2151

MLS Schools

  • Elementary School: Franklin Elementary School
  • High School: Franklin-Simpson High School
  • Middle Or Junior School: Franklin-Simpson Middle School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,151 $243,000 $0 $0
2023 $1,536 $165,000 $0 $0
2022 $1,444 $165,000 $0 $0
2021 $1,432 $165,000 $0 $0
2020 $1,446 $165,000 $0 $0
2019 $1,474 $165,000 $0 $0
2018 $1,290 $145,000 $0 $0
2017 $1,261 $145,000 $0 $0
2016 $1,250 $145,000 $0 $0
2015 -- $145,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $395,500 -4.9% $183 / Sq Ft
11/15/2025 11/15/25 Price Changed $415,900 -3.3% $193 / Sq Ft
10/27/2025 10/27/25 Price Changed $430,000 -2.3% $199 / Sq Ft
10/08/2025 10/08/25 Price Changed $440,000 -1.1% $204 / Sq Ft
09/30/2025 09/30/25 Price Changed $445,000 -1.1% $206 / Sq Ft
09/13/2025 09/13/25 For Sale $450,000 -- $208 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 2994020

Realtracs

APN: 042-00-00-087.00