NOT LISTED FOR SALE

Estimated Value: $149,000 - $168,304

3 Beds
2 Baths
1,142 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2026

Last sale price $155,000 $136 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $923 / mo

57 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Cul-De-Sac
  • Laundry Room
  • Partially Fenced Property

About This Home

As of April 2026

Located on a quiet dead-end street just a few blocks from historic downtown Franklin, 500 Willow Lane offers a rare opportunity for buyers looking to add value through repairs and updates. This three-bedroom, two-bathroom home has been used as a rental and sold as-is. The split-bedroom floor plan offers privacy and flexibility, making it a functional layout for a variety of living arrangements. With two full bathrooms and a practical footprint, the home offers a solid foundation for renovation or investment purposes. The location is a standout feature. Enjoy close proximity to downtown Franklin shops, dining, and community events, along with easy access to I-65 via Exit 6, just minutes away. Whether you are an investor, remodeler, or buyer looking for a project in a convenient in town setting, this property presents strong potential. 500 Willow Lane is ideal for those seeking a home with location, layout, and upside. Opportunities like this in Franklin are limited and worth a closer look. Schedule your showing today and explore the possibilities this property has to offer.

Last Agent to Sell the Property

Debbie Johnson

Keller Williams First Choice R License #190843 Listed on: 01/03/2026

Keller Williams First Choice R

Last Buyer's Agent

Pete Newswanger

Whisler's Auction & Realty License #219916

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1,307 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Masonite
  • Vinyl Construction Material

Interior Spaces

  • 1,142 Sq Ft Home
  • Storage In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding

Schools

  • Franklin Simpson Elementary And Middle School
  • Franklin Simpson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-00-10-001.00

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Ranch
  • Estimated Above Ground Sq Ft: 1142
  • Estimated Year Built: 1988
  • Disability Access: None
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Amenities: Attic Storage, Split Bedroom Floor Plan
  • Fireplace Woodstove: None
  • Walls: Dry Wall
  • Appliances Equipment: None
  • Floors: Other-See Remarks
  • Windows Treatments: None
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 3
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bathroom: None
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 2
  • Total Bathrooms: 2
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Master Bath Room Level: None
  • Full Bathrooms: 2
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Upper Level Utility Room: 0
  • Has Basement: None
  • Basement YN: No
  • Dining Rooms: Eat-in Kitchen
  • Kitchen: None
  • Other Rooms: None
  • Total Fin Living Sapce: 1142

Exterior Features

  • Construction: Masonite, Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Out Building, Concrete Walks
  • Fence: Chain Link, Partial
  • Foundation: Block
  • Lake Location: None
  • Lake Property Features: None
  • Water Features: None

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Air Conditioner: Central Air
  • Heating: Central
  • Sewer: City

Fee Information

  • Association Fee Includes: None
  • Fees: None

Lot Info

  • Estimated Lot Size: 0.03
  • Deed Book Page: 346-246
  • Parcel Id Tax Id: 010-00-10-001.00

MLS Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2026
Closed on
Mar 31, 2026
Sold by
Bought by
Seller's Agent
Debbie Johnson
Keller Williams First Choice R
Buyer's Agent
Pete Newswanger
Whisler's Auction & Realty
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Views
115
Current Estimated Value
$157,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,576
Avg. Annual Appreciation
4.32%
Original Mortgage
$230,000
Outstanding Balance
$211,356
Interest Rate
6.01%
Mortgage Type
Construction
Estimated Equity
-$53,780

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Franklin, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 Clark Title
$54,463 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $230,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2026 04/01/26 Sold $155,000 -8.8% $136 / Sq Ft
02/12/2026 02/12/26 Price Changed $170,000 -5.6% $149 / Sq Ft
01/03/2026 01/03/26 For Sale $180,000 -- $158 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $680 $77,500 $0 $0
2024 $686 $77,500 $0 $0
2023 $722 $77,500 $0 $0
2022 $678 $77,500 $0 $0
2021 $673 $77,500 $0 $0
2020 $754 $86,000 $0 $0
2019 $768 $86,000 $0 $0
2018 $765 $86,000 $0 $0
2017 $748 $86,000 $0 $0
2016 $741 $86,000 $0 $0
2015 -- $86,000 $0 $0
2013 -- $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20260178

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 010-00-10-001.00

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