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(SOLD) $270,000

452 W Adams Street Franklin, IN  46131

Property Description for 452 W Adams Street Franklin, IN 46131

Discover a versatile property in Franklin offering three distinct units, each tailored for living and exceptional investment potential. This property is perfect for investors seeking to maximize rental income or homeowners interested in strategic house hacking. Enjoy privacy and convenience in the vacant lower-level 2 bedroom apartment, complete with its own laundry room and separate utilities. Ideal for tenants seeking comfortable, independent living. Ascend to the upper-level apartment, featuring a layout that includes a formal dining room. This unit provides a galley kitchen, living areas, and convenient laundry facilities, making it an attractive option for tenants. A unique addition, the detached garage has been transformed into an apartment with dedicated laundry amenities, and a versatile layout. With two units already leased and separate meters for electric and gas, this property offers immediate cash flow and the flexibility for house hacking. Conveniently located within walking distance to downtown Franklin, there is easy access to local shops, dining options, and entertainment venues. Quick access to U.S. 31 and direct routes to I-65 ensures effortless commuting and travel, enhancing the property's appeal to both tenants and future buyers. This property not only offers a prime location but also multiple revenue streams and the adaptability to suit various investment strategies. Seize this exceptional opportunity to own a multifaceted property in Franklin's thriving market. Whether you're expanding your investment portfolio or exploring strategic owner-occupied options, this property promises both immediate returns and long-term value.
QuickBuy option for home selling

Address:452 W Adams Street Franklin IN 46131
Status:Sold
Sold On: 8/8/2024
Price:$275,000
Bathrooms:0
Year Built:1950
Lot Size:0.19
County: Johnson
Township: Franklin
MLS #:21986146
Property Type:Triplex

Lot Dimensions:8168
Road Access:See Remarks
Zoning:Res 3 fam dwelling platt
Directions:GPS Friendly

Loan Price
$1,882
Price And Interest $1,408/month
Property Tax $361/month
MTG INS $0/month
HOME INS $113/month
Price
$270,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$361/month
Home Owner Insurance
$1,356 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$2,165
Tax Year:2023
Other Disclosures:As Is, Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4105 - Johnson - Franklin
Subdivision: Hamilton
Zip Code:46131

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 Macie Harz with Real Broker, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/18/2024 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

80
Avg. DOM
$223.77
Avg. $ / Sq.Ft.
$ 329,900
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 3068 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.