3431 Morgantown Rd Franklin, KY 42134
Estimated payment $28,215/month
Highlights
- Horse Facilities
- Stables
- Mature Trees
- Barn
- 156.5 Acre Lot
- Farm
About This Lot
Welcome to a Premier 156-Acre Equestrian Estate in Franklin, KY Discover the rare opportunity to own this stunning farm, thoughtfully designed for both equestrian excellence and luxurious country living. The property features: 18-stall bam complete with a tack room and loft Six paddocks, each equipped with shelters and automatic waterers Over half a mile of turf riding track, ideal for exercising horses 17 acres of hay fields nestled within the track A true standout feature is the 3,400-foot private landing strip, paired with an 80 X 100 hanger featuring a power lift door—perfect for aviafion enthusiasts. As you enter through the gated drive, you're greeted by breathtaking views and a 2,840 sq ft brick home, complemented by: An in-ground pool with a charming pool house Multiple bams, a workshop, and a tool shed Fenced and cross-fenced pastures for optimal land use Located in Franklin, Kentucky, home of Kentucky Downs and just 45 minutes north of Nashville, TN, this estate offers the perfect blend of tranquility, functionality, and accessibility.
Listing Agent
United Country, Heartland Realty & Auction, LLC License #205170 Listed on: 09/22/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,169
Lot Details
- 156.5 Acre Lot
- Property fronts a highway
- Split Rail Fence
- Wood Fence
- Level Lot
- Mature Trees
Parking
- Driveway
Schools
- Franklin Simpson Elementary And Middle School
- Franklin Simpson High School
Farming
- Barn
- Farm
- Agricultural
Utilities
- Electricity To Lot Line
- Septic System
Additional Features
- Outside City Limits
- Stables
Community Details
- Recreational Area
- Horse Facilities
- Fence Around Pool
- Outdoor Storage
- Shop
Listing and Financial Details
- Assessor Parcel Number 028-00-00-018.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,169 | $923,000 | $0 | $0 |
| 2023 | $8,593 | $923,000 | $0 | $0 |
| 2022 | $7,713 | $881,500 | $0 | $0 |
| 2021 | $6,679 | $769,500 | $0 | $0 |
| 2020 | $6,744 | $769,500 | $0 | $0 |
| 2019 | $6,875 | $769,500 | $0 | $0 |
| 2018 | $6,848 | $769,500 | $0 | $0 |
| 2017 | $6,693 | $769,500 | $0 | $0 |
| 2016 | $6,341 | $735,500 | $0 | $0 |
| 2015 | -- | $275,000 | $0 | $0 |
| 2013 | -- | $1,927,250 | $0 | $1,927,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | For Sale | $5,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,200,000 | Leach And Cummins |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20255515
APN: 028-00-00-018.00
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