NOT LISTED FOR SALE

502 E Madison St Franklin, KY 42134

Franklin Area

Estimated Value: $124,000 - $170,870

2 Beds
1 Bath
1,100 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2024

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

Est. 9% increase in value since last sale

Current estimated payment $889 / mo

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

Keller Williams First Choice R License #288335

Keller Williams First Choice R

Range of Values:

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

Property Type

  • Other

Year Built

  • Built in 1940

Lot Details

  • 40,946 Sq Ft Lot
  • Lot Dimensions are 100x410
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • 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

Farming

  • Farm

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

0.94 Acres

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

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

Closed on
Dec 15, 2024
Sold by
Bought by
Current Estimated Value
$143,968

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
Seller's Agent
Telan Halsell
Keller Williams First Choice R
Buyer's Agent
Bethany Andrews
Keller Williams First Choice R
List Price
$149,000
Sold Price
$132,000
Premium/Discount to List
-$17,000
-11.41%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$99,000
Interest Rate
6.35%
Mortgage Type
New Conventional
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

  • Susan Burtoft Real Estate Agent - Keller Williams First Choice R

    Susan Burtoft

    Keller Williams First Choice R

    (364) 888-5669

    261 Total Sales

    28 in Franklin

    $128K - $377K Price Range

    Susan Burtoft
     Section Image
  • Carla Anderson Real Estate Agent - Keller Williams First Choice R

    Carla Anderson

    Keller Williams First Choice R

    (606) 705-2666

    232 Total Sales

    3 in Franklin

    $165K - $270K Price Range

    Carla Anderson
     Section Image
  • Suzanne Allen Real Estate Agent - Crye-Leike Executive Realty

    Suzanne Allen

    Crye-Leike Executive Realty

    (364) 888-7078

    68 Total Sales

    2 in Franklin

    $185K - $200K Price Range

    Suzanne Allen
     Section Image
  • Teresa Perkins Real Estate Agent - CB/The Advantage Realtor Group

    Teresa Perkins

    Responds Quickly

    CB/The Advantage Realtor Group

    (270) 253-4393

    123 Total Sales

    131 in Franklin

    $25K - $1.7M Price Range

    Teresa Perkins
     Section Image
  • Steven Arndell Real Estate Agent - Keller Williams First Choice R

    Steven Arndell

    Keller Williams First Choice R

    (364) 888-4854

    191 Total Sales

    16 in Franklin

    $94K - $450K Price Range

    Steven Arndell
     Section Image
  • Kathy Britt Real Estate Agent - Benchmark Realty, LLC

    Kathy Britt

    Benchmark Realty, LLC

    (615) 703-1706

    21 Total Sales

    1 in Franklin

    $308,085 Price

    Kathy Britt
     Section Image
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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
-- None Listed On Document
$132,000 None Listed On Document
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
Previous Owner $99,000
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
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

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 $1,158 $132,000 $0 $0
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

  • T

    Seller's Agent in 2024

    Telan Halsell

    Keller Williams First Choice R

    (270) 996-1964

    32 Total Sales

    Telan Halsell
    Section Image
  • Keena Smart McCoy Real Estate Agent - Keller Williams First Choice R

    Seller Co-Listing Agent in 2024

    Keena Smart McCoy

    Keller Williams First Choice R

    (270) 202-0252

    223 Total Sales

    Keena Smart McCoy
    Section Image

  • B

    Buyer's Agent in 2024

    Bethany Andrews

    Keller Williams First Choice R

    (270) 647-1708

    55 Total Sales

    Bethany Andrews
    Section Image
See All Agents

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

Kentucky Simpson County Franklin 42134

502 E Madison St, Franklin, KY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Information Services (REALTOR® Association of Southern Kentucky) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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