Bring your vision and creativity to this 1,656-square-foot home offering 4 bedrooms, 3 bathrooms, and incredible renovation potential. Much of the hard work has already been completed, with the home stripped to the studs and ready for your custom remodel. To help jumpstart your project, the seller is including brand-new ProVia entry doors and windows, providing quality materials and significant added value. A standout feature of the home is the walk-out basement with a separate entrance, creating exciting possibilities for a duplex conversion, multi-generational living, guest quarters, or rental income. Whether you're an investor, contractor, or homeowner looking to design a one-of-a-kind residence, this property offers exceptional flexibility. Located in a peaceful rural setting, this property also presents a unique opportunity when purchased alongside the adjoining property, making it ideal for a live/work setup, investment portfolio, or expanded residential compound. Seller prefers to sell Parcel #112-00-00-018-01 together with Parcel #112-00-00-018-00. Both properties are available for purchase, offering additional possibilities for expansion, investment, or residential use. Existing driveway easements benefit neighboring properties. Buyer to verify all intended uses, zoning, and applicable regulations.
Single-familyProperty Type
1979Year Built
0.5 acresLot Size
$81Price/Sq.Ft.
Listed by Carla Anderson• Keller Williams First Choice R
This 5-bedroom, 2 full bath home offers incredible potential with room to grow. Situated on a 1-acre lot surrounded by mature trees, this1979-built property features a covered back patio and 2 gas log fire places, perfect for relaxing or entertaining. The unfinished basement provides endless possibilities for customization—whether you envision extra living space, a workshop, or storage. With solid bones and a serene setting, this home is a rare opportunity to create your dream space both inside and out.
RASKMLS #RA20254133
Sep 15, 2025
Sold
$125,000
$75/sq ft
Jul 30, 2025
Contingent
—
Jul 18, 2025
Listed
$149,900
$91/sq ft
This 5-bedroom, 2 full bath home offers incredible potential with room to grow. Situated on a 1-acre lot surrounded by mature trees, this 1979-built property features a covered back patio and 2 gas log fire places, perfect for relaxing or entertaining. The unfinished basement provides endless possibilities for customization—whether you envision extra living space, a workshop, or storage. With solid bones and a serene setting, this home is a rare opportunity to create your dream space both inside and out.
Public Records
Mar 24, 2021
Sold
$118,500
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$507 (−0.8%)
$15,000 + $107,500
$122,500
2024
$511 (−2.7%)
$5,000 + $53,500
$58,500
2023
$525 (+1.1%)
$5,000 + $53,500
$58,500
2022
$520
$5,000 + $53,500
$58,500
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.65 Acres
Year renovated
—
Finished Sq. Ft.
1,656
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,656
Year built
1979
Style
Other
County
Logan County
APN
112-00-00-018-01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Russellville, KY • 42276
Average low and high temperatures (°F)
41
23
51
32
67
45
74
53
76
58
85
68
89
72
86
66
84
61
74
51
61
44
49
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 5531 Franklin Rd
$130,597
$4,303 under list price of $135K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $106K to $255K.