NOT LISTED FOR SALE

502 E Madison St Franklin, KY 42134

Estimated Value: $117,000 - $160,791

2 Beds
1 Bath
1,100 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $132,000 $120 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $777/month

42 Days on Market

Highlights

  • 0.94 Acre Lot
  • Wood Flooring
  • Wood Frame Window
  • Ranch Style House
  • Secondary bathroom tub or shower combo
  • Porch

About This Home

As of September 2024

Charming investment property featuring 2 bedrooms and 1 bathroom, spanning 1,100 square feet. Nestled on nearly an acre of land, this home offers ample space for outdoor activities and future expansion. Ideal for rental income or a cozy personal residence, this property combines comfort with potential. Selling AS-IS.

Last Agent to Sell the Property

Telan Halsell

Keller Williams First Choice R License #283764 Listed on: 07/01/2024

Keller Williams First Choice R

Co-Listed By

Keena Smart McCoy

Keller Williams First Choice R License #217891

Last Buyer's Agent

Bethany Andrews

Crye-Leike Executive Realty License #288335

Crye-Leike Executive Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1940

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 100x410
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Farm
  • Block Foundation
  • Shingle Roof
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Secondary bathroom tub or shower combo

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Wheelchair Ramps

Outdoor Features

  • Outdoor Storage
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Satellite Dish

Community Details

  • Building Fire Alarm

Property Details

Property Type

Other

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Residential Farm
  • Style Of Home: Ranch
  • Estimated Above Ground Sq Ft: 1100
  • Estimated Year Built: 1940
  • Disability Access: Handicap Accessible, Wheelchair Ramp
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1940

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Woodstove: None
  • Walls: Dry Wall
  • Appliances Equipment: Dryer, Fire Alarm(s), Smoke Detector(s), Washer
  • Floors: Carpet, Hardwood
  • Windows Treatments: Blinds, Curtains/Drapes
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 2
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bathroom: Tub/Shower Combo
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 1
  • Total Bathrooms: 1
  • 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: 1
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Upper Level Utility Room: 0
  • Has Basement: None
  • Basement YN: No
  • Dining Room Level: Main
  • Dining Rooms: Eat-in Kitchen
  • Kitchen: Cook Top, Dishwasher, Range Electric, Refrigerator
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other Rooms: None
  • Total Fin Living Sapce: 1100

Exterior Features

  • Construction: Asbestos, Shingles
  • Roofing: Shingles
  • ExteriorFeatures: Porch, Storage Building, Storage Shed, Trees
  • Fence: None
  • Foundation: Block, Crawl Space
  • Lake Location: None
  • Lake Property Features: None
  • Water Features: None

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Window Unit(s)
  • Heating: Baseboard
  • Sewer: City
  • Utility: Electric, Satellite Dish, Street Lights

Fee Information

  • Association Fee Includes: None
  • Fees: None

Lot Info

  • Estimated Lot Size: 0.94
  • Lot Dimensions: 100x410

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2024
Sold by
Ochoa Jaime
Bought by
Ochoa Jaime and Gutierrez Leticia Villeda
Current Estimated Value
$145,448
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
Ochoa Jaime -- None Listed On Document
Ochoa Jaime -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $132,000 -11.4% $120 / Sq Ft
07/01/2024 07/01/24 For Sale $149,000 -- $135 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $209 $70,000 $0 $0
2023 $220 $70,000 $0 $0
2022 $258 $70,000 $0 $0
2021 $82 $50,000 $0 $0
2020 $94 $50,000 $0 $0
2019 $96 $50,000 $0 $0
2018 $110 $50,000 $0 $0
2017 $108 $50,000 $0 $0
2016 $113 $50,000 $0 $0
2015 -- $50,000 $0 $0
2013 -- $50,000 $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: RA20243503

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

APN: 014-00-09-014.00