501 16th Ave Franklin, NE 68939
Estimated payment $491/month
Highlights
- Main Floor Primary Bedroom
- 1 Car Detached Garage
- Bungalow
- Formal Dining Room
- Living Room
- Shed
About This Home
This 2 bedroom, 2 bath bungalow offers solid fundamentals and plenty of opportunity to add value. The home features vinyl siding, a covered front porch, a newer roof, and original woodwork on the main level that adds character. All appliances will stay, making it easier for a new owner or investor to get started right away. The basement includes a non-conforming room that can be used for storage, hobbies, or additional living space with updates. Outside, the property sits on a large lot with a detached single car garage, offering space to expand, garden, or improve over time. With opportunity to update and add value, this home is a great candidate for an investor looking for a rental property or a buyer looking for an affordable home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $901
Year Built
- Built in 1930
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Frame Construction
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,768 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- 1 Bathroom in Basement
Schools
- Franklin Elementary And Middle School
- Franklin High School
Additional Features
- Shed
- Lot Dimensions are 72x130
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0500054200
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 | $736 | $52,120 | $4,680 | $47,440 |
| 2023 | $802 | $45,055 | $2,340 | $42,715 |
| 2022 | $783 | $41,055 | $2,340 | $38,715 |
| 2021 | $673 | $35,960 | $2,810 | $33,150 |
| 2020 | $705 | $37,895 | $2,810 | $35,085 |
| 2019 | $692 | $37,895 | $2,810 | $35,085 |
| 2018 | $701 | $37,895 | $2,810 | $35,085 |
| 2017 | $637 | $35,910 | $2,810 | $33,100 |
| 2016 | $618 | $35,910 | $2,810 | $33,100 |
| 2015 | $542 | $28,410 | $2,810 | $25,600 |
| 2014 | $538 | $28,410 | $2,810 | $25,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $79,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $62,500 | -- | |
| Deed | $35,000 | -- | |
| Grant Deed | $19,500 | -- | |
| Warranty Deed | $30,000 | -- |
Source: REALTORS® of Greater Mid-Nebraska
MLS Number: 20251609
APN: 5000542.00
