506 Millwood Dr Franklin, KY 42134
Estimated payment $1,297/month
Total Views
1,967
3
Beds
1.5
Baths
1,050
Sq Ft
$214
Price per Sq Ft
Highlights
- Ranch Style House
- Attic
- Screened Porch
- Secondary bathroom tub or shower combo
- Solid Surface Countertops
- Concrete Block With Brick
About This Home
Charming 3-bedroom, 1.5-bath home just steps from Simpson Elementary School! This 1,050+/- sq ft property includes recent updates such as brand-new flooring throughout, a new HVAC system, and new screens on the back porch—perfect for enjoying the outdoors year-round. Located in a quiet, established neighborhood, this home is currently tenant-occupied and generating income, making it an ideal investment opportunity. It’s also a great property for a starter home or downsizing option, with everything you need in a manageable, well-kept space. Don’t miss out on this turnkey property with strong potential—whether you’re looking to grow your rental portfolio or settle into a convenient location near schools, parks, and local amenities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $854
Year Built
- Built in 1996
Home Design
- Ranch Style House
- Concrete Block With Brick
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1,050 Sq Ft Home
- Combination Kitchen and Dining Room
- Screened Porch
- Vinyl Flooring
- Crawl Space
- Fire and Smoke Detector
- Attic
Kitchen
- Electric Range
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- Secondary bathroom tub or shower combo
Schools
- Simpson Elementary School
- Franklin Simpson Middle School
- Franklin Simpson High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Patio
- 7,405 Sq Ft Lot
Community Details
- Millwood Subdivision
- Building Fire Alarm
Listing and Financial Details
- Assessor Parcel Number 019-00-12-004.00
Map
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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 | $854 | $96,500 | $0 | $0 |
| 2023 | $898 | $96,500 | $0 | $0 |
| 2022 | $844 | $96,500 | $0 | $0 |
| 2021 | $838 | $96,500 | $0 | $0 |
| 2020 | $640 | $73,000 | $0 | $0 |
| 2019 | $652 | $73,000 | $0 | $0 |
| 2018 | $650 | $73,000 | $0 | $0 |
| 2017 | $635 | $73,000 | $0 | $0 |
| 2016 | $629 | $73,000 | $0 | $0 |
| 2015 | -- | $63,000 | $0 | $0 |
| 2013 | -- | $63,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $225,000 | -- | $214 / Sq Ft |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
Similar Homes in Franklin, KY
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20253752
APN: 019-00-12-004.00
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