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).
For sale
$2,795,375
5320 Morgantown Rd, Franklin, KY 42134
0beds
1,384sqft
Est.:
Residential Farm
Built in 1954
178 Acres Lot
$-- Zestimate®
$2,020/sqft
$-- HOA
What's special
- 408 days |
- 130 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: October 16, 2025 at 05:46pm
Listed by:
Mike C Simpson 270-776-7311,
Landmark Partners - Real Estate Services
Source: RASK,MLS#: RA20245863
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Primary bathroom
- Level: Main
Bathroom
- Features: Other
Kitchen
- Features: Other
Heating
- Central, See Remarks
Cooling
- Central Air
Appliances
- Included: Water Heater (See Remarks)
- Laundry: Other
Features
- Other, Walls (See Remarks)
- Flooring: Other
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,384
- Total interior livable area: 1,384 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Exterior features: Mature Trees
- Fencing: None
Lot
- Size: 178 Acres
- Features: Rural Property, County, Farm
Details
- Parcel number: 0270000003.00
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential Farm
Materials
- Vinyl Siding
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Septic Tank
- Water: County
Community & HOA
Community
- Subdivision: None
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $2,020/sqft
- Tax assessed value: $179,500
- Annual tax amount: $1,558
- Price range: $2.8M - $2.8M
- Date on market: 10/29/2024
Estimated market value
Not available
Estimated sales range
Not available
$1,224/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2025 | Price change | $2,795,3750%$2,020/sqft |
Source:  RASK #RA20245863 Report a problem | ||
| 2/14/2025 | Price change | $2,795,385-5%$2,020/sqft |
Source: RASK #RA20245863 Report a problem | ||
| 10/30/2024 | Listed for sale | $2,942,500$2,126/sqft |
Source: RASK #RA20245863 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | $1,558 -1% | $179,500 |
| 2020 | $1,573 -1.9% | $179,500 |
| 2019 | $1,604 +0.4% | $179,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$16,757/mo
Principal & interest
$14288
Property taxes
$1491
Home insurance
$978
Climate risks
Neighborhood: 42134
Nearby schools
GreatSchools rating
- 4/10Lincoln Elementary SchoolGrades: 4-5Distance: 5.2 mi
- 6/10Franklin-Simpson Middle SchoolGrades: 6-8Distance: 6 mi
- 7/10Franklin-Simpson High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Franklin Simpson
- Middle: Franklin Simpson
- High: Franklin Simpson
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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