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$460,000
7
beds
4
baths

50 W Madison Street
Franklin, Indiana 46131

Closed / MLS #21971404 / Multiple Unit (2-4) / Franklin
Listing information updated 6/3/2024 at 12:46pm
Great Investment Opportunity! 4200 sq feet home divided into 4 apartments in the heart of downtown Franklin. Two doors down from Main & Madison, this building is fully rented and all tenants have expressed their wish to stay. Owner has remodeled interior and exterior, new electric, new plumbing, new water heaters, roof is 10 years old, new wooden staircase out back. There are 6 parking spaces available behind the building. The ground floor could be re-designed as your living space, with two rental apartments above. Or keep all 4 units! Units A & B are on lower level. Units C & D are on upper level. A & C have 2 bedrooms. D is also a 2 bedroom, but has the capability of being a 3 bedroom. Unit B has 1 bedroom.
Architecture Style:
TraditonalAmerican
Basement:
Cellar
Beds Above Grade:
7
Cooling System:
Central Electric
Heating System:
Gas, Heat Pump
Pool:
No
Age:
94 Years
Roof Type:
Shingle
Square Feet:
N/A
Lot Size:
0.17 Acres
Acreage:
0.17
Tax Amount:
N/A
Tax Year:
2023
Zip Code:
46131
City:
Franklin
County:
Johnson
School District(s):
Franklin Community School Corp
Elementary School:
N/A
Middle School:
Franklin Community Middle School
High School:
Franklin Community High School

Listing Office: Smythe & Co, Inc

Agent Contact Information: fredparis@fredparis.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/3/2024 at 12:46pm. 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.

$333,498
Average Sale Price
51
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 50 W Madison Street, Franklin, IN 46131

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50 W Madison Street, Franklin, IN 46131 is a multiple unit (2-4) which sold for $460,000. 50 W Madison Street features 7 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties IND since April 9th, 2024 and was built in 1930. Nearby schools include Franklin Community Middle School and Franklin Community High School.