148 West Madison Street

Franklin, IN 46131

$285,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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 for 148 West Madison Street

Subdivision Name
Orig Town Of Franklin
Township
Franklin

Location

Listing Courtesy of Unreal Estate LLC
Add your commute
LISTING UPDATED: 05/16/2024 04:44 PM

Property Details for 148 West Madison Street

StatusActive
MLS #21977362
Days on Market9
Taxes$2,786 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1930
Lot Size0.21 AC / 9,147 SF
CountyJohnson County

Location

Listing Courtesy of Unreal Estate LLC
Add your commute

Building Information for 148 West Madison Street

Stories-Residences2Year Built1930Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,020 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,555

Property Taxes

$464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 148 West Madison Street

Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: Depending on way of traveling turn right or left on West Madison until you reach property
  • Postal Code: 46131
  • Postal Code Plus4: 2126
  • Road Access: See Remarks
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 410814034019000009
  • Semi Annual Property Tax Amt: 2786
  • Tax Year: 2023
  • TaxLot: 12
School Information
  • Elementary School: Northwood Elementary School
  • High School: Franklin Community High School
  • Middle Or Junior School: Franklin Community Middle School
  • School District: Franklin Community School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: See Remarks
  • Lot Size Square Feet: 9143.0
  • Lot Size Acres: 0.21
  • New Construction: False
  • Year Built Numeric: 1930
  • Living Area Source: Appraisal
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: O P Pt Lot 12 Sw S14 T12n R4e Mp Franklin Communi
  • Photos Count: 23
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $3,000.00
Unit 1
  • Unit Kitchen: 8x14
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 2
  • Unit Kitchen: 8x14
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 148 West Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 148 West Madison Street

Taxable ValueLand$29,000Additions$221,400Total$250,400
Tax Record2023$5,572 ($464 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,140 SqFtAbove Grade Finished SqFt2,140 SqFtStories2Lot Size9,143 SqFtStyleSingle Family ResidenceYear Built1930CountyJOHNSONAPN41-08-14-034-019.000-009

Schools near 148 West Madison Street

This home is within Franklin Community School Corp.
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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148 West Madison Street is a multi-family home for sale in Franklin, IN 46131. This property was listed for sale on May 3, 2024 by Unreal Estate LLC, it's currently listed at $285,000. This listing's school district is Franklin Community School Corp. Nearby schools include Northwood Elementary School, Custer Baker Intermediate School and Franklin Community Middle School. 148 West Madison Street is a 0-bed, 0-bath, multi-family home built in 1930.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Unreal Estate LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.