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(SOLD) $245,000

3955 S US 31 Franklin, IN  46131

  • 2,074 sq. Ft

Property Description for 3955 S US 31 Franklin, IN 46131

LOCATION! LOCATION! LOCATION... 1+ ACRE of commercial property DIRECTLY on US31. 260+ feet of ROAD FRONTAGE! Includes a 2,074 sq ft block building. 10 minutes from downtown Franklin, 10 minutes to Edinburgh Outlet Mall, and 8 minutes to CAMP ATTERBURY. So MANY OPTIONS -- ZONED B-1: office space, daycare, medical office, retail, car lot, contractor office, coffee shop, tavern, and the list goes on! Underneath drop ceiling is a beautiful wood ceiling. Has been a restaurant in the past. Two intersection access points. Being sold AS IS! Currently being used to sell household items, etc. **NEW PRICE INCLUDES BUYER PAYING ALL CLOSING COSTS**
QuickBuy option for home selling

Address:3955 S US 31 Franklin IN 46131
Status:Sold
Sold On: 12/5/2024
Price:$250,000
Bathrooms:0
Sq. Feet:2,074
Year Built:1949
Lot Size:1.16
County: Johnson
Township: Blue River
MLS #:21922459
Property Type:Business

Lot Dimensions:50530
Road Frontage:FrontageRd, Highway
Road Access:Frontage Road
Road Surface:Asphalt
Zoning:B-1, commercial
Building Utilities:Well, Septic System
Directions:From Franklin, South on US31 to property on left. From Taylorsville/Edinburgh exit off I-65, go north on US 31 to property on the right.
Total Sq. Ft. :2,074

Loan Price
$1,488
Price And Interest $1,278/month
Property Tax $108/month
MTG INS $0/month
HOME INS $102/month
Price
$245,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$108/month
Home Owner Insurance
$1,224 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$650
Tax Year:2022
Mandatory HOA Fee:$

Area: 4109 - Johnson - Blue River
City:Franklin
Subdivision: No Subdivision
Zip Code:46131

High School:Edinburgh Community High School
Middle School:Edinburgh Comm Middle School
Elementary School:East Side Elementary School

Total Sq. Ft.:2,074
Cool:Central Electric
Heat:Forced Air, Gas
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 Deborah Abel with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/23/2023 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

75
Avg. DOM
$221.1
Avg. $ / Sq.Ft.
$ 333,998
Med. List Price

The house prices in Franklin are not dropping at the moment. There has been a increase in price of $14,866.50. 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 $344,900.00 and the average price per square feet is $218.86 per square feet. At the moment, the amount of homes listed is exactly 376 houses, with 63 with active status, 37 with pending status and 276 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 $2,064.95. 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 64 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 1613 minutes ago.

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

The cost of the most expensive home in Franklin is $1,000,000.00. 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 $180,000.00 . 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 1876 and the newest built house is in year 2024.

The average size of properties in Franklin is 1988.24 sq.ft. , the biggest one being 4986 sq.ft. and the smaller being 1102 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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