215 Lewisburg Ave, Franklin, TN 37064
215 Lewisburg Ave, Franklin, TN 37064, for sale at $2,450,000 ($522/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 4,690 sqft · $522/sqft · 0.61 ac.
215 Lewisburg Ave, Franklin, TN 37064, for sale at $2,450,000 ($522/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 4,690 sqft · $522/sqft · 0.61 ac.
For sale · $2,450,000
MLS #3138394 · listed March 3, 2026 · 254 days on market · updated August 31, 2026
5-bed, 5.5-bath home at 215 Lewisburg Ave in Downtown Franklin, Franklin, 4,690 sqft, $2,450,000 ($522/sqft), by Market Place Realty.
215 Lewisburg Ave is a 5-bedroom, 5.5-bath home in Franklin, TN 37064, offered at $2,450,000, about $522/sq ft across 4,690 sq ft.
At $522/sq ft, this home is about 39% above the Franklin 37064 median list price per square foot of $376.
Recently sold in Downtown Franklin: 6 comparable homes from $2,400,000 to $2,900,000, a median of $595/sq ft; this listing at $522/sq ft is about 12% below recent sold prices.
Market read: the Downtown Franklin market is balanced as of November 3, 2026, at about 4 months of inventory; recent sales have closed near 95.8% of list in the 12 months to November 9, 2026.
All-in, about $15,223/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $1,652/mo, roughly 11% of the all-in monthly payment.
At the current 7.40% 30-year jumbo rate, principal and interest on this home runs about $13,571/mo; at the 6.85% rate of about three months ago it would be roughly $12,843/mo, so monthly P&I is about $728 higher now.
School zone: assigned to Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 215 Lewisburg Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 12, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Located in Beautiful Historic Downtown Franklin, Easy walk to all that franklin has to offer. Nice detached dwelling unit and garage plenty of space to add a pool behind. Every finish expertly chosen by a professional interior architect.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 215 Lewisburg Ave (reference).
| Date | Event | Price | |
|---|---|---|---|
| Price change | $2,450,000 | -$100,000 (-3.9%) | |
| Price change | $2,550,000 | -$50,000 (-1.9%) | |
| Listed | $2,600,000 | ||
| Deed recorded | $710,500 |
Listed March 3, 2026, this listing has been on the market 254 days as of November 12, 2026. It was originally listed at $2,600,000; the asking price is now $2,450,000 (-5.8%).
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 215 Lewisburg Ave at $2,450,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $2,450,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 215 Lewisburg Ave is about $15,223/mo, 20% down on a 30-year fixed at 7.40% (a jumbo loan), including principal & interest $13,571, estimated property tax $799, homeowners insurance $853. Estimate only; not a loan offer.
| Principal & interest | $13,571/mo |
|---|---|
| Property tax (est.) | $799/mo |
| Homeowners insurance (est.) | $853/mo |
| Estimated total | $15,223/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of November 10, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.40% | $12,260/mo | $13,912/mo | -$1,311/mo |
| 6.90% | $12,909/mo | $14,561/mo | -$662/mo |
| 7.40% | $13,571/mo | $15,223/mo | current |
| 7.90% | $14,245/mo | $15,897/mo | +$674/mo |
| 8.40% | $14,932/mo | $16,584/mo | +$1,361/mo |
Principal & interest on a 30-year fixed at 20% down ($1,960,000 loan), with property tax, insurance held constant at $1,652/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of November 10, 2026). Estimate only; not a loan offer.
Owning 215 Lewisburg Ave runs about $15,223/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $522 | $378 median | $595 median |
| Price position | 75th pctile | +38% vs median | ~95.8% of list |
| Recent closings | - | - | 6 sales |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 12, 2026.
Among the active homes in Franklin 37064, this home at $522/sq ft falls in the 75th percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of November 12, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (Realtracs via IDX).
| Active listings | 4 in Downtown Franklin |
|---|---|
| Recent absorption | about 1 sales / mo |
| Months of inventory | 4 months, a balanced market |
Over the past 12 months, homes in Downtown Franklin sold at about 95.8% of list price.
Recorded sales in Downtown Franklin: 14 in the past 12 months.
Supply-side and recent-sale context for Downtown Franklin. Sale figures are trailing 6/12/24-month medians of recorded Downtown Franklin closings. Source Realtracs via IDX, as of November 3, 2026.
215 Lewisburg Ave sits in Downtown Franklin, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $376 per square foot; inventory in Downtown Franklin is running at about 4 months, a balanced market; recent sales in Downtown Franklin closed near 95.8% of list price; 6 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 9, 2026.
Approximately 18 miles from downtown Nashville (straight-line distance).
215 Lewisburg Ave is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 215 Lewisburg Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 215 Lewisburg Ave, by price and size.
Listed by Samuel (Sammy) Alfrey, Market Place Realty. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (November 12, 2026), 215 Lewisburg Ave, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
215 Lewisburg Ave was listed on March 3, 2026 and has been on the market 254 days as of November 12, 2026, per Realtracs.
Yes. It was originally listed at $2,600,000; the asking price is now $2,450,000 (-5.8%).
215 Lewisburg Ave, Franklin is listed at $2,450,000, about $522 per square foot across 4,690 square feet.
5 bedrooms and 5.5 bathrooms (5 full, 1 half).
About $522 per square foot ($2,450,000 across 4,690 sqft).
215 Lewisburg Ave, Franklin was built in 1945.
Yes, 2 garage spaces, per the listing.
HOA dues are not reported in the listing fields.
215 Lewisburg Ave, Franklin is in the Downtown Franklin subdivision of Franklin.
About $15,223 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $13,571, estimated property tax $799, insurance $853. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
215 Lewisburg Ave, Franklin is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 215 Lewisburg Ave, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $522 per square foot, 215 Lewisburg Ave, Franklin ranks in the 75th percentile of active Franklin 37064 listings by price per square foot, roughly 39% above the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $595 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Downtown Franklin market is currently balanced, at about 4 months of inventory; recent sales have closed near 95.8% of list price over the past year, per Realtracs as of November 3, 2026.
Thinking of selling in Downtown Franklin?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.