$1,600,000
3 beds 2 baths 2,125 sq. ft.
36.7090533 -86.5399103
FOR SALE

507 Rapids Road Franklin, KY 42134

$1,600,000

Est. Monthly $5,662 recalculate
3 beds 2 baths 2,125 sf
 

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Jerri Ferrell
Jerri Ferrell CENTURY 21 Premier Realty Partners
2965 North Mill Avenue
Bowling Green, KY 42104
270.­781.4433
270.­781.4433
CENTURY 21 Premier Realty Partners
2965 North Mill Avenue Bowling Green, KY 42104
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507 Rapids Road
Franklin, KY 42134

Explore This Property

Farm/Ranch - This 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 2580 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 square feet. 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 can remain with the property. The 10 acres adjacent to this growing area will be certified for organic growing in April of 2022. Owner will divide property with acceptable offer.
MLS # RA20214559
Listed By CENTURY 21 Premier Realty Partners

Property Features

  • Age: 41-50 Years Old
  • Amenities: Live Water, Agricultural Easement(s)
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Area Amenities: Outdoor Activities, Area Fishing, Area Hiking, Area Hunting
  • Area Description: Country Living
  • Basement: Crawl Space
  • Bath Features: Tub and Shower
  • Body of Water: River
  • Community Type: FHA Compliant
  • Cooling: Central A/C - Electric
  • Exterior: Out Building, Storm window, Thermal Windows / Doors, Double Pane / Storm Windows, Barn/Stable
  • Exterior Description: Vinyl Siding
  • Exterior Living Space: Patio, Deck, Porch
  • Fencing: Fenced Yard
  • Flooring: Hardwood, Linoleum, Mixed, Wall to Wall Carpet
  • Garage Count: 3 Car Garage
  • Garage Description: RV Parking, Detached Garage
  • General: Security System, Laundry Facilities, Ceiling Fan(s), Window Treatments, Fire Alarms, Smoke Detector, Storage Area
  • Heating - Fuel Type: Electric
  • Heating Type: Heat Pump, Forced Air
  • Interior: Blinds
  • Kitchen Features: Eat-in Kitchen, Kitchen Facilities, Country Kitchen
  • Location: Riverfront
  • Lot Description: Wooded, Irregular, Open
  • Lot Size: 50-100 Acres, 83 Acres
  • Pre-Wiring: Garage Door, Security System
  • Property Description: Farm / Ranch, Acreage
  • Road Type: County Street
  • Roof: Metal Roof, Asphalt Shingle Roof
  • Sewer: Septic
  • Special Market: College / University
  • Style: 2 Story
  • Views: Lake & Stream
  • Water: City Water

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $5,662Your estimated monthly payment
    $320,00020% Down Payment
    $1,600,000 $1,280,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School

    LINCOLN ELEMENTARY SCHOOL
    Grades 4-5 | Public School

    Franklin, KY 42134
    601 JOHN J JOHNSON AVE
    270-586-7133
    2.8
    miles

    Total Students 425
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    FRANKLIN ELEMENTARY SCHOOL
    Grades PRESCHOOL-K | Public School

    Franklin, KY 42134
    211 S MAIN ST
    270-586-3241
    2.2
    miles

    Total Students 350
    Student Teacher Ratio 16:1
    View School Details
    SIMPSON ELEMENTARY SCHOOL
    Grades 1-3 | Public School

    Franklin, KY 42134
    721 WITT RD
    270-586-4414
    2.7
    miles

    Total Students 700
    Student Teacher Ratio 16:1
    View School Details

    Middle School

    FRANKLIN-SIMPSON MIDDLE SCHOOL
    Grades 6-8 | Public School

    Franklin, KY 42134
    322 S COLLEGE ST
    270-586-4401
    2.3
    miles

    Total Students 720
    Student Teacher Ratio 20:1

    School Rating

    2 stars View School Details

    High School

    FRANKLIN-SIMPSON HIGH SCHOOL
    Grades 9-12 | Public School

    Franklin, KY 42134
    400 S COLLEGE ST
    270-586-3273
    2.2
    miles

    Total Students 805
    Student Teacher Ratio 16:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating
    Learning Opportunities Center Alt School 3.2 mi Public 8-12
    Faith Baptist Academy 3.5 mi Private PRESCHOOL-11

    Local Area Information for Franklin, KY 42134

    Median Age: 40.4
    Married: 43.6%
    Number of Households: 7,352
    Households with Children: 2,098
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed.
      This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Farm/Ranch located at 507 Rapids Road, Franklin, KY 42134 is currently for sale. 507 Rapids Road, Franklin is listed by CENTURY 21 Real Estate for $1,600,000. This property has 3 bedrooms, 2 full bathrooms, and approximately 2,125 square feet, and Lot Size of approximately 83. The property was built in 1920. If the property located at 507 Rapids Road, Franklin, KY isn't what you're looking for, search Kentucky real estate to see other houses for sale in Franklin.
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