22 days on rocket

148 W Madison St, Franklin, IN, 46131

$285,000

Home List Price

$3,384*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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148 W Madison St, Franklin$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1930
CoolingCentral Air
BasementYes
MLS #21977362
Lot Size0.21 Acres
StatusActive

About 148 W Madison St

Own a Piece of Franklin! Multi-Family Gem Close to Everything! Calling all savvy investors and growing families! This multi-family property boasts a fantastic location near vibrant downtown Franklin. Perfect for those seeking a solid investment or a multi-generational living situation. Unleash its Potential by transforming this property into a thriving income generator! This property presents a great value and an opportunity to personalize it as you see fit. This multi-family property offers exceptional versatility and the potential for strong rental income.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Unreal Estate LLC
  • Office Email: info@usrealty.com
  • Listing Agent: Derek Morgan

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

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: Depending on way of traveling turn right or left on West Madison until you reach property

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000

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.

Med. Sold Price

$272.7K

Med. Price/SqFt

$155

Avg. Days On Market

25

# of Sold Homes

34

148 W Madison St vs Franklin

22 DAYS ON ROCKET

-3 Days

$285,000

+$12.2K More

KEY TAKEAWAY

This property is $12.2K more than the Median Sold Price in Franklin, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21977362

Listing Office:

  • Office Name: Unreal Estate LLC
  • Office Email: info@usrealty.com
  • Listing Agent: Derek Morgan

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: 5/25/2024, 11:46:31 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

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-2572026
5
/10
  • Northwood Elementary School

  • 965 Grizzly Cub Dr

  • 0.62 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2572027
6
/10
  • Franklin Community Middle School

  • 625 Grizzly Cub Dr

  • 0.46 miles

  • Public District Grades 7-8

school-card-donut-2572028
6
/10
  • Custer Baker Intermediate School

  • 101 W State Road 44

  • 2.59 miles

  • Public District Grades 5-6

High School

school-card-donut-2572029
6
/10
  • Franklin Community High School

  • 2600 Cumberland Dr

  • 2.64 miles

  • Public District Grades 9-12

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. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaJohnson CountyFranklin46131148 W Madison St

This home is located at 148 W Madison St in Franklin, IN and zip code 46131. This home, which was built in 1930, sits on a 0.21 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $285,000.

Franklin, IN housing market in April 2024 saw over 8 listings sold above listed price, more than 11 sold at listed price and over 15 sold below. The number of homes for sale in Franklin, IN increased by 11.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 25 days, the median list price was $272,750.

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

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