An investor's dream and a homeowner's delight! This cozy and charming home offers the rare opportunity to own a property that is effectively brand new, situated in one of the most convenient locations in the region. Currently operating as a successful Short-Term Rental (STR), this property is a proven income-producer located less than 2 minutes from The Mint Gaming Hall at Kentucky Downs and with immediate access to I-65.
This is not a simple remodel; it's a complete top-to-bottom renovation. From the new roof and siding outside to the brand-new systems within, every inch has been thoughtfully redesigned for modern living. The interior was stripped and rebuilt with all-new electrical, plumbing, framing, floor joists, and drywall. Step inside to a bright and efficient living space featuring durable Luxury Vinyl Plank (LVP) flooring that flows throughout the home. The modern kitchen boasting sleek granite countertops, a full suite of stainless-steel appliances, and clever use of space. Both bathrooms are exquisitely finished with custom tile work, offering a touch of luxury for you or your guests. The outdoor space is a private retreat. Enjoy evenings by the fire pit while overlooking the peaceful farmland that backs up to the property. The home includes a carport, and a spacious outdoor shed conveys for ample storage.
BONUS LAND: The sale includes an additional, separately deeded parcel, providing incredible flexibility. Furnishings: Property can be sold fully furnished and decorated for a seamless transition of the short-term rental business with acceptable terms regarding the furnishings. INVESTMENT POTENTIAL: Whether you're seeking a perfect low-maintenance home in an unbeatable location or a profitable turnkey investment, this property is a winning ticket. Schedule your showing today!
Active
$279,900
146 Groves Ln, Franklin, KY 42134
3beds
1,170sqft
Est.:
Single Family Residence, Residential
Built in 1972
0.41 Acres Lot
$-- Zestimate®
$239/sqft
$-- HOA
What's special
- 109 days |
- 347 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: August 24, 2025 at 05:50pm
Listing Provided by:
Katrina Sattler 615-587-1057,
Crye-Leike Property Management
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2980412
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan, Redecorated, Walk-In Closet(s)
- Flooring: Other, Tile
- Basement: Crawl Space
Interior area
- Total structure area: 1,170
- Total interior livable area: 1,170 sqft
- Finished area above ground: 1,170
Property
Parking
- Total spaces: 5
- Parking features: Attached, Driveway, Gravel
- Carport spaces: 2
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Covered, Patio
- Fencing: Front Yard
Lot
- Size: 0.41 Acres
- Dimensions: 100 FF
- Features: Level
- Topography: Level
Details
- Additional structures: Storage
- Parcel number: 0382900015.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $55,000
- Annual tax amount: $575
- Date on market: 8/24/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Listed for sale | $279,900+522%$239/sqft |
Source: | ||
| 7/20/2021 | Sold | $45,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | $477 -1% | $55,000 |
| 2020 | $482 -1.9% | $55,000 |
| 2019 | $491 +22.7% | $55,000 +22.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,332/mo
Principal & interest
$1085
Property taxes
$149
Home insurance
$98
Climate risks
Neighborhood: 42134
Nearby schools
GreatSchools rating
- 8/10Simpson Elementary SchoolGrades: 1-3Distance: 5.3 mi
- 6/10Franklin-Simpson Middle SchoolGrades: 6-8Distance: 5.5 mi
- 7/10Franklin-Simpson High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Simpson Elementary School
- Middle: Franklin-Simpson Middle School
- High: Franklin-Simpson High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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