1063 Wild Ivy Trail Franklin, IN 46131
Estimated payment $2,074/month
Highlights
- 1 Car Attached Garage
- 1-Story Property
- Central Air
About This Home
1063 and 1065 Wild Ivy Dr. - This is a fantastic opportunity to own a well-maintained duplex in the heart of Franklin - ideal for investors or owner-occupants seeking rental income and future equity growth. Both sides feature 2 bedrooms, 2 full baths, attached garages, and identical single-level floor plans with approximately 1,000 sq ft per unit. Unit 1063 has been recently updated with new flooring, cosmetic finishes, and new mechanicals - furnace, A/C, and water heater all replaced in 2024. Unit 1065 is in great condition with a 2018 water heater and 2021 HVAC system. Both share a 4-year-old roof and new garage doors, ensuring low maintenance for years to come. Each side is tenant-occupied on month-to-month leases, offering flexibility for the new owner. Current rents of $1,000 and $1,100 have room to grow, with market comps between $1,200-$1,400 per month. 2025 Comps in the neighborhood show individual sides selling around $200,000 each, creating a significant equity opportunity if the properties were ever sold separately in the future. Located near walking trails, schools, and downtown Franklin amenities, this duplex offers steady income, strong upside, and multiple exit strategies. Schedule your private tour today and secure this cash-flowing, equity-building asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,694
Year Built
- Built in 1999 | Remodeled
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Additional Features
- 4,556 Sq Ft Lot
- Central Air
Community Details
- West Parke Subdivision
Listing and Financial Details
- The owner pays for not applic
- Tax Lot 25
- Assessor Parcel Number 410815043031000009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,347 | $131,500 | $8,000 | $123,500 |
| 2024 | $2,347 | $106,100 | $8,000 | $98,100 |
| 2023 | $2,274 | $102,200 | $8,000 | $94,200 |
| 2022 | $2,228 | $99,900 | $8,000 | $91,900 |
| 2021 | $2,016 | $90,400 | $8,000 | $82,400 |
| 2020 | $1,842 | $82,600 | $8,000 | $74,600 |
| 2019 | $1,764 | $79,100 | $5,500 | $73,600 |
| 2018 | $1,603 | $80,200 | $5,500 | $74,700 |
| 2017 | $1,602 | $80,100 | $5,500 | $74,600 |
| 2016 | $1,526 | $81,900 | $5,500 | $76,400 |
| 2014 | $1,712 | $85,600 | $9,900 | $75,700 |
| 2013 | $1,712 | $86,500 | $9,900 | $76,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Pending | -- | -- | -- |
| 10/15/2025 10/15/25 | For Sale | $320,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22068369
APN: 41-08-15-043-031.000-009
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