$2,795,375
$147K PRICE DROP

5320 Morgantown Rd Franklin, KY 42134

Estimated payment $15,704/month

Total Views 4,835
-- Bed
1 Bath
1,384 Sq Ft
$2,020 Price per Sq Ft

Highlights

  • 178 Acre Lot
  • Farm
  • Central Heating and Cooling System
  • Mature Trees

About This Home

This 178 +/- acre property on Morgantown Road presents a fantastic opportunity for multiple uses, such as 153 acres that is tillable (currently leased, negotiable), a wonderful residential sight and partially wooded with active wildlife. The property is located just 6 minutes from 31W, an hour from Nashville, and 20 minutes from Highway 68-80. Excellent road frontage which offers multiple avenues of accessibility. The house on this property offers 1300 +/- square feet and has adequate road frontage (home currently leased). Property information has been obtained thru public records. This property is sold As Is. Buyers and their agents are encouraged to conduct their own due diligence before purchasing. Smaller road frontage tracks are potentially available (pricing adjustment).

Listing Agent

Mike Simpson

Landmark Partners - Real Estate Services License #194232 Listed on: 10/29/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1954

Lot Details

  • 178 Acre Lot
  • Rural Setting
  • Mature Trees

Home Design

  • Farm
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Full Bathroom
  • 1,384 Sq Ft Home
  • 1.5-Story Property

Schools

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

Farming

  • Farm

Utilities

  • Central Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 027-00-00-003.00

Property Details

Property Type

Other

Est. Annual Taxes

$1,589

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Residential Farm
  • Style Of Home: 1-1/2 Story
  • Estimated Above Ground Sq Ft: 1384
  • Estimated Year Built: 1954
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Interior Amenities: Other-See Remarks
  • Fireplace Woodstove: None
  • Walls: Other-See Remarks
  • Appliances Equipment: Other-See Remarks
  • Floors: Other-See Remarks
  • Windows Treatments: Other-See Remarks
  • Below Grade Bedrooms YN: No
  • Master Bedroom Level: Main
  • Bathroom: Other-See Remarks
  • 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: Main
  • Full Bathrooms: 1
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Utility Room Main: 0
  • Upper Level Utility Room: 0
  • Has Basement: None
  • Basement YN: No
  • Dining Rooms: Other-See Remarks
  • Kitchen: Other-See Remarks
  • Other Rooms: Other-See Remarks
  • Price Per S Q F T: 2019.78
  • Total Fin Living Sapce: 1384
  • Level1 Sq Ft: 1384

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Mature Trees
  • Fence: None
  • Foundation: Other-See Remarks

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: County
  • Water Heater: Other-See Remarks
  • Air Conditioner: Central Air
  • Heating: Central
  • Sewer: Septic

Schools

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

Lot Info

  • Estimated Lot Size: 178
  • Deed Book Page: 372-284
  • Parcel Id Tax Id: 027-00-00-003.00
  • Price Per Acre: 15704

MLS Schools

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

Map

Range of Values:

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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

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 $1,589 $179,500 $0 $0
2023 $1,671 $179,500 $0 $0
2022 $1,571 $179,500 $0 $0
2021 $1,558 $179,500 $0 $0
2020 $1,573 $179,500 $0 $0
2019 $1,604 $179,500 $0 $0
2018 $1,598 $179,500 $0 $0
2017 $1,561 $179,500 $0 $0
2016 $1,229 $142,500 $0 $0
2015 -- $35,000 $0 $0
2013 -- $825,992 $0 $825,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $2,795,375 0.0% $2,020 / Sq Ft
02/14/2025 02/14/25 Price Changed $2,795,385 -5.0% $2,020 / Sq Ft
10/29/2024 10/29/24 For Sale $2,942,500 -- $2,126 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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

MLS Number: RA20245863

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

APN: 027-00-00-003.00