Your historic estate awaits in downtown Franklin, NC! Built by Dr. J.H. Fouts in the 1890's, this historic two-family home (w/full apartment below) could be an absolute showplace. Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub & simply timeless charm. The main level boast a living room, family room, 2 large bedrooms + nursery, formal dining room & kitchen. Downstairs, the 1/1 apartment needs renovation but maintains it's vintage charm. A 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive garage/workshop. One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location additional development with CITY water, sewer & Toccoa natural gas available, off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites or a magnificent in-town estate for your family nestled with privacy between the old oak trees. Rezoning is also possible. An open canvas of possibilities awaits your family on Iotla Street!
For sale
$975,000
423 Iotla St, Franklin, NC 28734
3beds
--sqft
Est.:
Residential
Built in 1890
2.41 Acres Lot
$912,100 Zestimate®
$--/sqft
$-- HOA
What's special
Vintage charmTimeless charmHistoric woodworking detailsHeart of pine flooringFamily roomLarge parcelsTerrarium sunroom
- 103 days |
- 207 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: September 06, 2025 at 11:37am
Listed by:
Kelly Penland,
Bald Head Realty
Source: Carolina Smokies MLS,MLS#: 26042000
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: First
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Level: First
- Area: 195
- Dimensions: 15 x 13
Bedroom 3
- Level: First
- Area: 63
- Dimensions: 9 x 7
Bedroom 4
- Level: Basement
- Area: 154
- Dimensions: 14 x 11
Dining room
- Level: First
- Area: 169
- Dimensions: 13 x 13
Family room
- Area: 225
- Dimensions: 15 x 15
Kitchen
- Level: First
- Area: 136.5
- Dimensions: 13 x 10.5
Living room
- Level: First
- Area: 288
- Dimensions: 16 x 18
Heating
- Oil, Other
Cooling
- None
Appliances
- Included: Other-See Remarks, Other Water Heater (See Remarks)
- Laundry: In Basement
Features
- Bonus Room, Formal Dining Room, In-law Quarters, Primary w/Ensuite, In-Law Floorplan
- Flooring: Vinyl, Hardwood, Ceramic Tile, Other-See Remarks
- Windows: Windows-Storm None
- Basement: Exterior Entry,Interior Entry,Washer/Dryer Hook-up,Bath/Stubbed,Other
- Attic: Access Only
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Living area range: 2001-2200 Square Feet
Property
Parking
- Parking features: Other Garage-See Remarks, Carport-Double Detached
- Has garage: Yes
- Carport spaces: 2
Features
- Exterior features: Other
Lot
- Size: 2.41 Acres
- Features: Level, Level Yard, Rolling, Other-See Remarks
Details
- Parcel number: 6595027125
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Vinyl Siding, Other
- Roof: Shingle,Other
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cell Service Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Franklin
Financial & listing details
- Tax assessed value: $216,760
- Annual tax amount: $1,572
- Date on market: 8/29/2025
- Listing terms: Cash,Conventional,Owner Will Carry
- Road surface type: Paved
Estimated market value
$912,100
$866,000 - $958,000
$1,824/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Listed for sale | $975,000+306.3% |
Source: Carolina Smokies MLS #26041932 Report a problem | ||
| 8/31/2023 | Sold | $240,000-26.2% |
Source:  Canopy MLS as distributed by MLS GRID #4037061 Report a problem | ||
| 7/15/2023 | Contingent | $325,000 |
Source: Carolina Smokies MLS #26030661 Report a problem | ||
| 7/6/2023 | Price change | $325,000-7.1% |
Source: Carolina Smokies MLS #26030661 Report a problem | ||
| 6/27/2023 | Price change | $350,000-6.7% |
Source: Carolina Smokies MLS #26030661 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $857 -0.1% | $216,760 -6.8% |
| 2023 | $858 -13.9% | $232,520 +23.1% |
| 2022 | $996 +3% | $188,870 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,344/mo
Principal & interest
$4654
Property taxes
$349
Home insurance
$341
Climate risks
Neighborhood: 28734
Nearby schools
GreatSchools rating
- 2/10Mountain View Intermediate SchoolGrades: 5-6Distance: 2.1 mi
- 6/10Macon Middle SchoolGrades: 7-8Distance: 2.3 mi
- 6/10Franklin HighGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Macon Middle
- High: Franklin
Source: Carolina Smokies MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
