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Listed by Paul Gorrell • CrestPoint Real Estate
$ 389,000
Est. payment /mo
Active
275 E Madison ST Franklin, IN 46131
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hicks & Beard
MLS Listing ID 22116144
Year Built 1910
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Excellent opportunity to own a well-maintained duplex on a prominent corner lot just blocks from historic downtown Franklin and Franklin College. Each unit offers approximately 1,100+ square feet with 2 bedrooms, 2 baths, spacious living room with fireplace, large kitchen, hardwood floors, charming built-ins, and a full unfinished basement providing abundant storage and laundry space. Separate entrances, off-street parking, and a detached two-car garage add convenience for both residents and owners. Whether you're expanding your investment portfolio or looking to owner-occupy one unit while generating rental income from the other, this property offers outstanding flexibility. Enjoy easy access to Franklin's award-winning downtown filled with local restaurants, coffee shops, boutiques, festivals, and entertainment, along with nearby parks, trails, and Franklin College. Conveniently located near US-31 and I-65 for an easy commute to Indianapolis, this is a rare opportunity to own a classic duplex in one of Johnson County's most desirable communities.
Location
State IN
County Johnson
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Lighting
Garage Spaces 1.0
View Y/N true
View Downtown, Neighborhood
Roof Type Shingle
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Vinyl Siding,Shingle Siding
New Construction false
Schools
Middle Schools Franklin Community Middle School
High Schools Franklin Community High School
School District Franklin Community School Corp
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