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$279,900 - 146 Groves Ln, Franklin

3
Bedrooms
2
Baths
1,170
SQ. Feet
0.41
Acres

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!

Essential Information

  • MLS® #:
    2980412
  • Price:
    $279,900
  • Bedrooms:
    3
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    1,170
  • Acres:
    0.41
  • Year Built:
    1972
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Ranch
  • Status:
    Active

Community Information

  • Address:
    146 Groves Ln
  • Subdivision:
    None
  • City:
    Franklin
  • County:
    Simpson County, KY
  • State:
    KY
  • Zip Code:
    42134

Amenities

  • Utilities:
    Water Available
  • Parking Spaces:
    5
  • Garages:
    Attached, Driveway, Gravel

Interior

  • Interior Features:
    Ceiling Fan(s), Open Floorplan, Redecorated, Walk-In Closet(s)
  • Appliances:
    Electric Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Lot Description:
    Level
  • Roof:
    Shingle
  • Construction:
    Frame, Vinyl Siding

School Information

  • Elementary:
    Simpson Elementary School
  • Middle:
    Franklin-Simpson Middle School
  • High:
    Franklin-Simpson High School

Additional Information

  • Date Listed:
    August 24th, 2025
  • Days on Market:
    193

Listing Details

  • Listing Office:
    Crye-leike Property Management

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on March 7th, 2026 at 1:09am CST.