501 E Madison St

Franklin, KY
$ 131,000 Beds 2 Baths 1 Sq 1,257
Monthly Estimate* How much can I afford?

This charming home is rich with character and timeless appeal. Imagine the stories these walls hold. 1875 circa according to tax records. Offering 2 bedrooms and 1 bath and sits on a large level lot with space to enjoy outdoor living, gardening, etc. The detached building provides additional storage or flexible use. Recent updates include newer windows and a newer water heater. A rare opportunity to own a piece of history.

Active

  • Price
  • $ 131,000
  • City
  • Franklin
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SIMPSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.41 Acres
  • Zip
  • 42134
  • Sqr Footage
  • 1,257
  • Year Built
  • 1875
  • Taxes
  • $ 395
  • Style
  • Historic
  • MLS#
  • 3321960
Listed By: Local Realty Partners;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 1257
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Natural Gas Available,Water Available
Possession Negotiable
Appliances Electric Oven,Electric Range
Architectural Style Historic
Construction Materials Wood Siding
Year Built 1875
Stories Count 1
Topography Level
Levels One
Property Subtype Single Family Residence
County Simpson County,KY
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name none
Garage Y/N No
Full Baths 1
Status Active
Buyer Financing Conventional
Directions From Franklin Square: East on Cedar,right on Railroad,left on Madison. Home is on the left.
High School Franklin-Simpson High School
City Franklin
Senior Community Y/N No
Lot Size Units Acres
Elementary School Franklin Elementary School
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 395
Middle/Junior High School Franklin-Simpson Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Basement None
Flooring Wood,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Above Grade Finished Area 1257
Total Bedrooms 2
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Lot Features Level
Water Source Public
Lot Size Area 0.41
Building Area Total 1257
Lot Dimensions 100X180
Lot Size Acres 0.41
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Franklin Elementary School
Middle School Franklin-Simpson Middle School
High School Franklin-Simpson High School

Price History

8/4/2026 Listed $132,000
9/9/2026 1% - $131,000

Property vs Zip Code Average in 42134

Price
AVG $410K
$130K
Year Built
AVG 1988
1875
Visits
AVG 23
2
Data Provided by Inside Real Estate®

Areas That We Cover

501 E Madison St Franklin, KY is a Single Family Home for sale at $131000 with 1257 sqft and a lot size of 0.41 Acres Acre(s). 501 E Madison St Franklin has 2 bedrooms, 1 baths and was built in 1875. The property's zip code is 42134 which is in Franklin, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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