275 E Madison Street, Franklin, IN 46131

Franklin
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
275 E Madison Street,Franklin, IN 46131
$389,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: paul gorrell
Office: crestpoint real estate
MLS#:22116144
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$389,000

About this home

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...

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Home facts

  • Year built:1910
  • Subdivision & Development:Hicks & Beard
  • Listing ID #:22116144
  • Added:64 day(s) ago
  • Updated:September 27, 2026 at 03:02 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Lot area:0.13 Acres
  • Lot Features:Curbs, Mature Trees, Not In Subdivision
  • Construction Materials:Vinyl Siding
  • Exterior Features:Lighting
  • Foundation Description:Block

Schools

  • High school:Franklin Community High School
  • Middle school:Franklin Community Middle School

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$389,000

Parking

  • Garage:Yes
  • Garage spaces:1
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