298 N Water St




























































Description
- Listed by Austin Smythe • Smythe & Co, Inc
- Listed by Michelle McClain • Smythe & Co, Inc
Property Details for 298 North Water Street
Property Details for 298 North Water Street
| Status | Active |
|---|---|
| MLS # | 22073458 |
| Days on Market | 40 |
| Taxes | $2,632 semi-annually |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1870 |
| Lot Size | 0.15 AC / 6,534 SF |
| County | Johnson County |
Location
Building Information for 298 North Water Street
Payment Calculator
$2,145 per month
30 year fixed, 6.15% Interest
$1,706
$439
$0
Property Information for 298 North Water Street
- City: Franklin
- County Or Parish: Johnson
- Directions: GPS Friendly
- Postal Code: 46131
- Postal Code Plus4: 1799
- Road Access: Not Applic,Access Rd
- Road Frontage Type: City Street
- State Or Province: IN
- View: No
- Parcel Number: 410814042092000009
- Semi Annual Property Tax Amt: 2632
- Tax Exemption: None
- Tax Year: 2024
- TaxLot: 3
- High School: Franklin Community High School
- Middle Or Junior School: Franklin Community Middle School
- School District: Franklin Community School Corp
- Owner Pays: All Utilities, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
- Acreage: <1/4 Acre
- Building Information: Storage
- Current Use: Apt<20
- Lot Description: Sidewalks
- Lot Size Square Feet: 6495.0
- Lot Size Acres: 0.15
- New Construction: False
- Possible Use: Apt<20
- Structure Type: Quadruplex
- Year Built Numeric: 1870
- Living Area Source: Assessor
- Affected by Disclosures: No
- Conversion: Yes
- DPRYN: Yes
- Legal Subdivision: King Add Pt Lot 3 Mp Franklin Communi
- Photos Count: 60
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Road Surface Type: Asphalt
- Transaction Type: Sale
- Web Link: www.smytherealestate.com
- Property Condition: Updated/Remodeled
- Building Utilities: Municipal Storm Available,Storm Sewer,Water
- Solid Waste: No
- Construction Materials: Vinyl Siding
- Exterior Features: Balcony
- Foundation Details: Brick/Mortar
- Roof: Asphalt
- Basement Description: Cellar
- Basement YN: Yes
- Cooling: Wall Unit(s)
- Heating: Forced Air
- Levels: Two
- Laundry Features: Connections Some
- Multi Baths: 4
- Multi Beds: 4
- Total Units: 4
- Garage Parking: On Street
- Expenses: 21673
- Net Operating Income: $24,484.00
- Gross Income: $46,157.00
- Unit Kitchen: -
- Unit Levels: 1
- Unit Miscellaneous: Disposal,Dryer,Eat In Kitchen,Range/Oven,Refrigerator,Washer
- Unit Rent Frequency: Monthly
- Unit Utilities: Cl Wind Unit,Fuel Gas,Hot Wtr Gas
- Unit Type Type: 1 Bedroom
- Unit Kitchen: -
- Unit Levels: 1
- Unit Miscellaneous: Disposal,Eat In Kitchen,Range/Oven,Refrigerator
- Unit Rent Frequency: Monthly
- Unit Utilities: Cl Wind Unit,Fuel Gas,Hot Wtr Gas
- Unit Type Type: Apartments
- Unit Kitchen: -
- Unit Levels: 1
- Unit Miscellaneous: Disposal,Range/Oven,Refrigerator
- Unit Rent Frequency: Monthly
- Unit Utilities: Cl Wind Unit,Fuel Gas,Hot Wtr Gas
- Unit Type Type: 1 Bedroom
- Unit Kitchen: -
- Unit Levels: 1
- Unit Miscellaneous: Disposal,Range/Oven,Refrigerator
- Unit Rent Frequency: Monthly
- Unit Utilities: Cl Wind Unit,Fuel Gas,Hot Wtr Gas
- Unit Type Type: 1 Bedroom
- Tenant Pays: Other
Property History for 298 North Water Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 18, 2025 | Listed (Active) MIBORMLS #22073458 | $350,000 | — |
| Jan 30, 2015 | Sold (Public Record) Public Record #1120282034 | $185,000 | — |
| Jan 30, 2015 | Sold MIBORMLS #21319439 | $185,000 | — |
| Jan 13, 2015 | Pending MIBORMLS #21319439 | — | |
| Oct 8, 2014 | Listed (Active) MIBORMLS #21319439 | $196,310 | — |
| Jul 31, 2009 | Expired MIBORMLS #2903966 | — | |
| Jan 23, 2009 | Listed (Active) MIBORMLS #2903966 | $130,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/18/2025 | Listed (Active) MIBORMLS #22073458 | $350,000 |
| 01/30/2015 | Sold (Public Record) Public Record #1120282034 | $185,000 |
| 01/30/2015 | Sold MIBORMLS #21319439 | $185,000 |
| 01/13/2015 | Pending MIBORMLS #21319439 | — |
| 10/08/2014 | Listed (Active) MIBORMLS #21319439 | $196,310 |
| 07/31/2009 | Expired MIBORMLS #2903966 | — |
| 01/23/2009 | Listed (Active) MIBORMLS #2903966 | $130,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 298 North Water Street
Schools near 298 North Water Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Northwood Elementary School PublicPK to 4 | ||
Custer Baker Intermediate School Public5 to 6 | ||
Franklin Community Middle School Public7 to 8 | ||
Franklin Community High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Smythe & Co, Inc
Based on information submitted to the MLS GRID as of 01/16/2026 02:29 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.



























































