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$225,000 (Pending)

251 W Madison Street Franklin, IN  46131

  • 3 Beds
  • 2 Baths
  • 3,713 sq. Ft

Property Description for 251 W Madison Street Franklin, IN 46131

A downtown Franklin charmer! Move in and start enjoying all the community has to offer. Walk to your favorite Franklin restaurant, take in concerts and farmer market at Young's Creek Park that is just a couple blocks away or spend an afternoon biking the trails that surround this home. This gem features original hardwood floors throughout, newer kitchen with granite counter tops, screened in porch, updated/remodeled bathrooms, historical working fireplace, and so much more. Absolutely adorable and live in ready! Or make this your dream home and take the work that has been done to the next level! So much potential! Large, attached workshop provides the perfect space to facilitate any handyman's projects.
QuickBuy option for home selling

Address:251 W Madison Street Franklin IN 46131
Status:Pending
on site: 61 days
Price:$225,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:3,713
Year Built:1876
Lot Size:0.07
County: Johnson
Township: Franklin
MLS #:22000967
Property Type:Single Family Residence

Lot Dimensions:3237
Lot Features:City Lot, Not In Subdivision, Sidewalks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,870
Total Sq. Ft. :3,713
Basement:Yes

Loan Price
$1,434
Price And Interest $1,174/month
Property Tax $166/month
MTG INS $0/month
HOME INS $94/month
Price
$225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$166/month
Home Owner Insurance
$1,128 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x15 Main
Dining Room 14x11 Main
Kitchen 11x15 Main
Laundry 5x9 Main
Primary Bedroom 16x11 Upper
Bedroom 2 11x14 Upper
Bedroom 3 11x9 Upper
Bonus Room 11x12 Main

Semi-Annual Property Tax:$994
Tax Year:2023
Other Disclosures:None, As Is
Mandatory HOA Fee:$

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

High School:Franklin Community High School
Middle School:Franklin Community Middle School

Total Sq. Ft.:3,713
Interior Features:Breakfast Bar, Raised Ceiling(s), Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Windows Vinyl
Interior Area(s):Utility Room
Eating Area(s):Dining Combo/Kitchen, Formal Dining Room
Appliances:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Sump Pump
Exterior Features:Storage Shed
Exterior Type:Vinyl Siding
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:8
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 Lottie Hooyer with Smythe & Co, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/08/2024 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

65
Avg. DOM
$226.34
Avg. $ / Sq.Ft.
$ 359,950
Med. List Price

The house prices in Franklin are not dropping at the moment. There has been a increase in price of $6,022.33. 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 Up. The average house price is $349,997.50 and the average price per square feet is $234.42 per square feet. At the moment, the amount of homes listed is exactly 450 houses, with 76 with active status, 37 with pending status and 337 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 $1,939.37. 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 63 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 4974 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Franklin is $2,000,000.00. 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 $179,900.00 . 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 1876 and the newest built house is in year 2024.

The average size of properties in Franklin is 1973.58 sq.ft. , the biggest one being 3713 sq.ft. and the smaller being 696 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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