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(SOLD) $232,000

148 W Madison Street Franklin, IN  46131

  • 6 Beds
  • 3 Baths
  • 2,675 sq. Ft

Property Description for 148 W Madison Street Franklin, IN 46131

TWO HOMES on one lot in historic Downtown Franklin! This property could be a gem again and you could reside in a quaint town that many describe as being from a Hallmark movie! The main home offers over 2,100 sq ft. and the secondary home is just over 900 sq ft. Experience all that Downtown Franklin has to offer including locally owned shops, eateries, bars, coffeehouses, farmer's market, splash pad, playgrounds, pickleball courts, walking trails, and the historic Artcraft Theatre that features favorite period movies and special events. The Franklin Development Corporation offers revolving loans and grants that aid in restoring historic or underutilized homes and buildings located within a designated area of historic Franklin! Approved applications will receive a loan of up to $25,000 which can be up to 100% forgiven. Income limits and occupancy status apply. See their website for further information!
QuickBuy option for home selling

Address:148 W Madison Street Franklin IN 46131
Status:Sold
Sold On: 9/6/2024
Price:$244,000
Bedrooms:6 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,675
Year Built:1930
Lot Size:0.21
County: Johnson
MLS #:21987972
Property Type:Single Family Residence

Lot Dimensions:9143
Lot Features:Access, Not In Subdivision, Sidewalks, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,070
Upper Level Sq. Ft. :1,070
Total Sq. Ft. :2,675
Basement:Yes

Loan Price
$1,771
Price And Interest $1,210/month
Property Tax $464/month
MTG INS $0/month
HOME INS $97/month
Price
$232,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$464/month
Home Owner Insurance
$1,164 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15x14 Main
Bedroom 2 13x14 Upper
Bedroom 3 15x10 Upper
Bedroom 4 13x15 Upper
Living Room 15x14 Main
Kitchen 11x7 Main
Dining Room 11x12 Main
Bedroom 5 17x9 Main
Bedroom 6 12x8 Main
Kitchen 11x8 Main
Dining Room 14x8 Main
Living Room 14x13 Main

Semi-Annual Property Tax:$2,786
Tax Year:2023
Other Disclosures:As Is, Historic District, Other
Mandatory HOA Fee:$

Area: 4105 - Johnson - Franklin
City:Franklin
Subdivision: No Subdivision
Zip Code:46131

Total Sq. Ft.:2,675
Interior Features:Raised Ceiling(s), Windows Vinyl
Eating Area(s):Separate Room
Appliances:Other
Exterior Features:Barn Mini
Exterior Type:Vinyl With Brick, Other
Cool:Central Electric, Other
Heat:Electric, Other
Water Heater:Other
Total Rooms:12
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Kirk C Parramore with Trusted Realty Partners of Ind from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/27/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Franklin Market Report

48
Avg. DOM
$226.76
Avg. $ / Sq.Ft.
$ 384,500
Med. List Price

The house prices in Franklin are indeed dropping at the moment. There has been a decrease in price of $30,043.57. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Franklin are going Down. The average house price is $389,900.00 and the average price per square feet is $219.41 per square feet. At the moment, the amount of homes listed is exactly 434 houses, with 65 with active status, 56 with pending status and 313 sold in Franklin .

The most popular place to buy a home in Franklin is 4105 - Johnson - Franklin. 4105 - Johnson - Franklin is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Franklin .

The average amount of property taxes you would have to pay for a home in Franklin is $2,583.32. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Franklin are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Franklin was 1155 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Franklin is $1,200,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Franklin is $175,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Franklin in year 1870 and the newest built house is in year 2024.

The average size of properties in Franklin is 2187.02 sq.ft. , the biggest one being 4964 sq.ft. and the smaller being 1006 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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