146 Groves Lane
Franklin, KY, 42134 $ 269,900
Bedrooms3 Baths2.0 Sq 1,170 Monthly Estimate*
$ 1,704
for $269,900 with 3 bedrooms and 2 full baths. This 1,170 square foot home was built in 1972 on a lot size of 0.4.
Whether you're searching for a turnkey investment or a beautifully updated place to call home, this property checks all the boxes. Currently operating as a successful short-term rental, it has an established rental history and is ideally located less than two minutes from The Mint Gaming Hall at Kentucky Downs with quick, convenient access to I-65. This home has undergone an extensive, down-to-the-studs renovation, offering the feel of new construction while retaining its charm. Nearly every component has been replaced, including the roof, siding, electrical, plumbing, framing, floor joists, drywall, and more, creating a truly move-in-ready property. Inside, you'll find a bright, thoughtfully designed floor plan featuring durable luxury vinyl plank flooring throughout. The kitchen is both stylish and functional with granite countertops, stainless steel appliances, and an efficient layout that maximizes every square foot. Both bathrooms have been tastefully finished with custom tile, adding a high-end touch to the home's modern design. Step outside to enjoy a peaceful backyard that overlooks open farmland, creating a quiet setting to relax around the fire pit after a long day. Additional exterior features include a covered carport and a large storage shed that conveys with the property. The home may also be purchased fully furnished and professionally decorated with acceptable terms, making it easy to continue operating as a successful short-term rental from day one. Whether you're looking for a low-maintenance primary residence, a weekend getaway, or a proven income-producing investment, this exceptional property offers outstanding value in a highly desirable location.
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FeaturesExteriorGarage Spaces 1
Foundation Crawl Space
Lot Size Area 0.4
Exterior Features Storage Shed
Roofing Tin
Fence Other-See Remarks
Garage/Carport Carport Attached
Acreage Source PVA
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InteriorKitchen Dishwasher Microwave Range/Oven Refrigerator
Basement None
Total Baths 2
Floors Other-See Remarks
Interior Features Other-See Remarks
Utility Room Closet
Full Baths 2
Air Conditioning Central Air
Partial Baths 0
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GeneralWater City
Sewer City
Heating Central
Other Rooms None
REO No
Subdivision None KY
Water Heater Electric
County Simpson
Class Residential/Farm
Type Single Family
New Construction Y/N No
Status Active
Sale/Rent For Sale
Status Detail 0
Docs on File Lead Based Paint Disc. Seller Disclosure
Short Sale No
Primary City Franklin
Directions From I65 - Take Exit 2 toward KY-1008 / KY-73 / Franklin / Kentucky Downs. At the end of the exit ramp turn left onto KY-1008 (Vaughn Parkway) and cross back over I-65. Continue on Vaughn Parkway for
City Franklin
Middle School Franklin Simpson
High School Franklin Simpson
Year Built 1972
Elementary School Simpson
DOM 2
Secondary City Simpson County
Postal Code 42134
Price Per Sq Ft Total AG 230.68
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* Excluded FeaturesList ByBenchmark Realty, LlcBroker
cole@benchmarkrealtyky.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,704
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Franklin, KY
Average List Price $367,993
Percent of Sale Price 36%
About Franklin, KY 9,167 Population
16% Since 2002
$ 35,350 Median Income
39.03 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3908037 Elementary School
1777751 Middle School
Franklin Simpson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/4/2026 | $269,900 | | Listed Price |