Jeff Wilkerson
Responds Quickly
Local Realty Partners
(615) 510-6907
110 Total Sales
25 in Franklin
$30K - $590K Price Range
507 Rapids Rd Franklin, KY 42134
Franklin AreaEstimated Value: $268,000 - $339,000
3
Beds
2
Baths
2,160
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- Waterfront
- Mature Trees
- Wood Burning Stove
- 83 Acre Lot
- Deck
- Farm
About This Home
As of July 2022This 83 acre tract starts 1/2 mile down on Rapids Road and continues off of Elmore Gregory Road. This convenient location is just 1/2 mile outside Franklin city limits; 2 miles from 1-65. 30 minutes from Nashville Tennessee, and 15 minutes from Bowling Green Kentucky. This land is well suited for development, Business, or farming. The rear of the property is on Drakes Creek and has approximately 3000 feet of frontage. This property includes 2 homes. The first one fronts Rapids Road and is a 3 bedroom 1 bath home built in 1850 with 2160 square feet. It is tenant occupied and is in the process of being remodeled. The second home is 1/2 mile down Elmore Gregory Road and is a 3 bedroom 2 bath home with a 3 car garage. It was built in 1920 and has 1565 sq/ft. It is occupied. There is a 46' X 28' retail building in the front of the farm just off of Rapids Road and is a operating business. There are also 3 barns on the property, with some needed repair. Over the bridge of the creek branch in the rear of the farm is the growing area for the business "Little Bent Farm". The 3 high tunnels and caterpillar tunnel can be purchased separately or remain on property. The 10 acres adjacent to growing area will be certified for organic growing in April of 2022. Owner will divide property with acceptable offer.
Last Agent to Sell the Property
Century 21 Premier Realty Part License #184939 Listed on: 10/09/2021
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Property Details
Property Type
- Other
Year Built
- Built in 1920
Lot Details
- 83 Acre Lot
- Waterfront
- Property fronts a highway
- Street terminates at a dead end
- Partially Fenced Property
- Barbed Wire
- Level Lot
- Mature Trees
- Partially Wooded Lot
- Garden
Parking
- Detached Garage
Home Design
- Farmhouse Style Home
- Block Foundation
- Shingle Roof
- Pier And Beam
- Vinyl Construction Material
Interior Spaces
- 2,160 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Stove
- Heatilator
- Flue
- Blinds
- Insulated Doors
- Family Room
- Storage In Attic
- Laundry Room
Kitchen
- Eat-In Country Kitchen
- Breakfast Area or Nook
- Self-Cleaning Oven
- Electric Range
- Range Hood
- Microwave
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 2 Full Bathrooms
- 2nd Bath Tub/Shower Combo
- Bathtub
- Separate Shower
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Stream or River on Lot
- Deck
- Patio
- Exterior Lighting
- Outdoor Storage
- Porch
Location
- Outside City Limits
Schools
- Franklin Simpson Elementary And Middle School
- Franklin Simpson High School
Farming
- Farm
- Farm
Utilities
- Ductless Heating Or Cooling System
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Septic System
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 0420000007100
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
Nov 20, 2018
Sold by
Summers Homes Llc
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,963
Interest Rate
5.25%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Franklin, KY
-
Jeff Wilkerson
-
Jessica Gossom
Jessica Gossom
Whitz's Realty & Auction
(866) 665-1261
71 Total Sales
9 in Franklin
$173K - $313K Price Range
-
Becky Stetz
Becky Stetz
Responds QuicklyCrye-Leike Executive Realty, Inc.
(615) 619-5685
23 Total Sales
1 in Franklin
$267,000 Price
-
Kimberly Lynn
Kimberly Lynn
Kelly Realtors
(859) 710-1198
16 Total Sales
2 in Franklin
$252K - $290K Price Range
-
Marie Drahus
Marie Drahus
Benchmark Realty, LLC
(615) 903-5510
53 Total Sales
4 in Franklin
$18K - $50K Price Range
-
Derrick Miller
Derrick Miller
Responds QuicklyExit Realty Garden Gate Team
(615) 437-3327
39 Total Sales
2 in Franklin
$35K - $150K Price Range
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 |
|---|---|---|---|
| $215,000 | Foreman Watson Land Ttl Llc |
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 |
|---|---|---|---|
| Open | $204,517 | ||
| Closed | Bell Richele | $207,963 |
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 |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $1,245,000 | 0.0% | $576 / Sq Ft |
| 02/01/2022 02/01/22 | Off Market | $1,245,000 | -- | -- |
| 01/22/2022 01/22/22 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | Price Changed | $1,600,000 | -11.1% | $741 / Sq Ft |
| 10/09/2021 10/09/21 | For Sale | $1,800,000 | -- | $833 / 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 | $2,308 | $263,000 | $0 | $0 |
| 2024 | $2,328 | $263,000 | $0 | $0 |
| 2023 | $2,002 | $215,000 | $0 | $0 |
| 2022 | $1,881 | $215,000 | $0 | $0 |
| 2021 | $1,866 | $215,000 | $0 | $0 |
| 2020 | $1,884 | $215,000 | $0 | $0 |
| 2019 | $1,921 | $215,000 | $0 | $0 |
| 2018 | $151 | $17,500 | $0 | $0 |
| 2017 | $152 | $17,000 | $0 | $0 |
| 2016 | $151 | $17,500 | $0 | $0 |
| 2015 | -- | $17,500 | $0 | $0 |
| 2013 | -- | $148,500 | $0 | $148,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jerri Ferrell
Seller's Agent in 2022
Jerri Ferrell
Century 21 Premier Realty Part
(270) 776-0547
15 Total Sales
-
Joe Wade
Buyer's Agent in 2022
Joe Wade
Crye-Leike
(270) 618-0325
206 Total Sales
Map
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20214559
APN: 042-00-00-034.00
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.
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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