506 Millwood Dr Franklin, KY 42134
Estimated payment $1,196/month
Total Views
14,297
3
Beds
1.5
Baths
1,050
Sq Ft
$205
Price per Sq Ft
Highlights
- Hot Property
- Secondary bathroom tub or shower combo
- Solid Surface Countertops
- Ranch Style House
- Attic
- Screened Porch
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $215,000 | -4.4% | $205 / Sq Ft |
| 09/15/2025 09/15/25 | For Sale | $225,000 | -- | $214 / Sq Ft |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
About the Listing Agent
Real estate is all about relationships. Whether you're taking that leap of faith and buying you’re first home, or you’re ready to purchase that dream home you’ve always wanted, Suzanne Allen plans to be right by your side. With backgrounds in sales and business in the Bowling Green area over the last twelve years, she understands the value of serving others. Real estate is no different. Whether you are in the market to buy, sell, or simply have questions you need answered, Suzanne is here to
Suzanne's Other Listings
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20255317
APN: 019-00-12-004.00
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