25 days on rocket

Sale Pending

148 W Madison St, Franklin, IN, 46131

$244,000

Home List Price

$2,898*

Closing Credit

6 Bedrooms
3 Full Baths
2,675 SqFt
$91/SqFt
House
Schools Nearby

Location

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148 W Madison St, Franklin$244,000

Buyer Closing Credits

$2,898*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1930
HeatingElectric, Other
CoolingCentral Air, Other
BasementYes
MLS #21987972
Lot Size0.21 Acres
StatusSale Pending
(Pending)

About 148 W Madison St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Multi-Level, TraditonalAmerican
  • Year Built: 1930
  • Living Area: 2,675 SqFt

Listing Office:

  • Office Name: Trusted Realty Partners of Ind
  • Office Email: kcparramo@gmail.com
  • Listing Agent: Kirk C Parramore

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Raised Ceiling(s), Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Barn Mini

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • Franklin Community High School, Public District Grades 9-12
  • Franklin Community Middle School, Public District Grades 7-8
  • Custer Baker Intermediate School, Public District Grades 5-6
  • Northwood Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $244,000
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $6,493
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Franklin, IN.

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Franklin, IN

City

Med. Sold Price

$269.8K

Med. Price/SqFt

$158

Avg. Days On Market

9

# of Sold Homes

37

148 W Madison St vs Franklin

25 DAYS ON ROCKET

+16 Days

$244,000

-$25.8K Less

$91/SqFt

-$68 Less

KEY TAKEAWAY

This property is $25.8K less than the Median Sold Price and $68/SqFt less than other homes in Franklin, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21987972

Listing Office:

  • Office Name: Trusted Realty Partners of Ind
  • Office Email: kcparramo@gmail.com
  • Listing Agent: Kirk C Parramore

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/26/2024, 8:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,493$193,300
2019$3,392$187,300
2018$3,206$169,600
2017$1,369$160,300

History based on county public records data.

Payment Calculator

$1,285

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$798

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2837051
5
/10

  • Northwood Elementary School

  • 965 Grizzly Cub Dr

  • 0.62 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2837052
6
/10

  • Franklin Community Middle School

  • 625 Grizzly Cub Dr

  • 0.46 miles

  • Public District Grades 7-8

school-card-donut-2837053
6
/10

  • Custer Baker Intermediate School

  • 101 W State Road 44

  • 2.59 miles

  • Public District Grades 5-6

High School

school-card-donut-2837054
6
/10

  • Franklin Community High School

  • 2600 Cumberland Dr

  • 2.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,375. The majority of Franklin, IN residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 148 W Madison St

What is the listing price of this property?

The listing price of 148 W Madison St property is $244,000.

What type of property is this?

The property 148 W Madison St is a house located in Franklin, Indiana, 46131.

Is this property for sale now?

Sale Pending: 148 W Madison St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 148 W Madison St are:
Northwood Elementary School: GreatSchools Rating 5/10
Franklin Community Middle School: GreatSchools Rating 6/10
Custer Baker Intermediate School: GreatSchools Rating 6/10
Franklin Community High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,493 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 148 W Madison St has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 148 W Madison St is 2,675 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 148 W Madison St is 1930.

Rocket Homes›Indiana›Johnson County›Franklin›46131›148 W Madison St

This home is located at 148 W Madison St in Franklin, IN and zip code 46131. This 2,675 square foot home, which was built in 1930, sits on a 0.21 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $244,000.

Over 10 listings were sold over their listed price in June 2024 in Franklin, IN. In the same period over 12 listings were sold below the listed price and 15 listings were sold for the listed price. Between May 2024 and June 2024, Franklin, IN real estate market has seen decrease in the number of listings by 2.3%. In June 2024, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $269,816.

From Rocket Homes Real Estate and based on county public records data.

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