NOT LISTED FOR SALE

402 E Madison St Franklin, KY 42134

Estimated Value: $340,000 - $398,000

4 Beds
3 Baths
2,508 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $325,000 $130 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,124/month

1 Day on Market

Highlights

  • 1.51 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Circular Driveway

About This Home

As of September 2023

This home is located at 402 E Madison St, Franklin, KY 42134 since 01 September 2023 and is currently estimated at $360,334, approximately $143 per square foot. This property was built in 2008. 402 E Madison St is a home located in Simpson County with nearby schools including Franklin Elementary School, Lincoln Elementary School, and Simpson Elementary School.

Last Agent to Sell the Property

Teresa Perkins

Coldwell Banker, The Advantage REALTOR Group License # 361138 Listed on: 09/01/2023

Coldwell Banker, The Advantage REALTOR Group

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 2008

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 179x539x107x323x77x213

Parking

  • 3 Car Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,508 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Storage
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 014-00-09-006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2008
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Vinyl
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2508
  • Building Area Units: Square Feet
  • Living Area: 2508
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered Patio, Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Detached, Asphalt, Circular Driveway
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Size Acres: 1.51
  • Lot Size: 179x539x107x323x77x213
  • Lot Size Units: Acres
  • Parcel #: 014-00-09-006.00
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2056

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 6, 2020
Sold by
Sliger Buddy Franklin and Sliger Brenda Elaine
Bought by
Hammond Michael Scot and Hammond Jessica Michelle
Seller's Agent
Klay Kelley
Crye-Leike Executive Realty
Buyer's Agent
Lynn Caudill
CB/The Advantage Realtor Group
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Current Estimated Value
$360,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,334
Avg. Annual Appreciation
7.79%
Original Mortgage
$235,000
Outstanding Balance
$209,019
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$151,315
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hammond Michael Scot $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Michael Scot $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $325,000 0.0% $130 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $325,000 +38.3% $130 / Sq Ft
05/06/2020 05/06/20 Sold $235,000 +2.2% $90 / Sq Ft View Prior Sale
03/05/2020 03/05/20 For Sale $229,900 -- $88 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

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 $2,876 $325,000 $0 $0
2023 $2,188 $235,000 $0 $0
2022 $2,056 $235,000 $0 $0
2021 $2,040 $235,000 $0 $0
2020 $1,365 $195,000 $0 $0
2019 $1,391 $195,000 $0 $0
2018 $1,401 $195,000 $0 $0
2017 $1,369 $195,000 $0 $0
2016 $1,363 $195,000 $0 $0
2015 -- $185,000 $0 $0
2013 -- $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2565855

Realtracs

APN: 014-00-09-006.00