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Franklin, IN Multifamily Home for Sale

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    $420,000

    • 6 Beds
    • 4 Baths

    1050 Wild Ivy Trail Unit 1052, Franklin, IN 46131

    Hard to find Ranch Duplex in Franklin w/ 3BR/2BA and 2 car attached garage per side. Each unit w/ 1220 sq ft(+/-). Unit 1052 has long time tenants on month to month at $1000 per month. Unit 1050 owner occupied w/ owner needing 3 month lease term post close at $1200 per month. Avg rents in area look to be $1400-1500 per mon. All utilities paid by tenants. Living rooms w/ vaulted ceilings. Kitchen

    Jason Williamson RE/MAX Advanced Realty

    1050 Wild Ivy Trail Unit 1052, Franklin, IN 46131

Why Live in Franklin

Franklin, Indiana, a small college town located about 25 miles southeast of downtown Indianapolis, offers a unique blend of small-town charm and proximity to urban amenities. As the seat of Johnson County, Franklin is home to Franklin College, a historic liberal arts institution that contributes to the town's distinctive atmosphere. The city features a mix of historic homes and modern subdivisions, with architectural styles ranging from Victorian-era houses along Jefferson Street to contemporary custom homes further out. The Franklin Community School Corporation serves most local students and is highly rated within the county. Franklin's economy benefits from its access to Interstate 65, with major companies like Amazon and Target having distribution centers nearby. The downtown area is vibrant, with attractions such as the Historic Artcraft Theatre, which hosts vintage movie screenings and film festivals. Public art and events, including the Hops & Vines festival and the Johnson County Fair, are integral to the community's cultural scene. Outdoor enthusiasts can explore 13 parks and the 17-mile Franklin Greenway Trail, with Youngs Creek Park being a notable highlight. Safety is a strong point, with violent crime rates significantly lower than the national average. Franklin has also taken measures to mitigate flooding risks following a historic flood in 2008. Public transportation is available, and the city is approximately 35 miles from Indianapolis International Airport.

Home Trends in Franklin, IN

Housing Trends

Median Sale Price
$305,000
Median Single Family Sale Price
$309,900
Median Townhouse Sale Price
$215,000
Median 2 Bedroom Sale Price
$257,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
134
Last 12 months Home Sales
472
Months of Supply
3.40
Median List Price
$324,995
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%
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