$1,600,000
SOLD JUL 29, 2026

1410 E Jefferson St Franklin, IN 46131

Franklin Area
31 Beds
16 Baths
15,568 Sq Ft
1.65 Acre Lot

Sale Details

Date Sold: July 29, 2026

$103 Per Sq Ft

11% Below List Price

62 Days on Market

Highlights

  • 1.65 Acre Lot
  • Wood Flooring
  • Patio
  • Traditional Architecture
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of July 2026

Nestled in the heart of Franklin, 1410 E Jefferson Street presents a well-maintained and fully occupied 16-unit investment opportunity comprised of two attractive brick buildings, each containing 8 spacious apartments. Many units have been recently updated with vinyl plank flooring, and each unit features a functional floorplan with a large private patio or balcony, enhancing overall tenant appeal. A common area laundry facility is available for tenant use, providing an additional income stream. The buildings are thoughtfully positioned across from one another, with a large central parking lot offering approximately 40 spaces. Tenants are responsible for all utilities. With consistent rental demand in the Franklin market, this asset presents a compelling opportunity for both stable in-place income and immediate upside, making it an ideal addition for investors seeking a balance of manageability and portfolio growth. Financials available upon request. Seller financing offers will not be considered.

Last Agent to Sell the Property

Audra Cannon

CRM Properties, Inc Brokerage Phone: 765-431-9111 Listed on: 03/27/2026

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc Brokerage Phone: 765-431-9111 Listed on: 03/27/2026

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,526

Year Built

  • Built in 1967

Lot Details

  • 1.65 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 15,568 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 31 Bedrooms
  • 16 Full Bathrooms

Parking

  • 40 Parking Spaces
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Patio

Schools

  • Webb Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for lawn maintenance, trash collection
  • Assessor Parcel Number 41-08-13-043-096.000-018

Community Details

Overview

  • 16 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $965
  • Fuel Expense $1,956
  • Insurance Expense $7,911
  • Maintenance Expense $13,000
  • Trash Expense $7,840
  • Water Sewer Expense $1,287

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,526

Year Built

Built in 1967

Lot Details

1.65 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1967
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 31
  • Total Bathrooms: 16
  • Total Full Bathrooms: 16
  • Legal Description: PT SE 1/4 S13 T12 R4-CONTAINS 0.143AC IF DEDICATED R-O-W PER BK 271/PG 195
  • Parcel Number ID: 41-08-13-043-096.000-018
  • Platted: Yes
  • Amenities: Balcony, Patio Open
  • Special Features: None

Interior Features

  • Total Sq Ft: 15568
  • Total Finished Sq Ft: 15568
  • Above Grade Finished Sq Ft: 15568
  • Basement Foundation: Crawl
  • Flooring: Carpet, Mixed, Wood, Vinyl
  • Number Of Ranges Ovens: 16

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 40
  • Parking: Lot, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 965
  • Annual Fuel Expense: 1956
  • Annual Insurance Expense: 7911
  • Annual Maintenance Expense: 13000
  • Annual Trash Expense: 7840
  • Annual Water Sewer Expense: 1287
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Webb

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 1.65
  • Estimated Lot Sq Ft: 71874
  • Estimated Lot Size Acres: 1.65

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Trash Collection
  • Tenant Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Annual Property Tax: 16526

Multi Family

  • Number Of Dishwashers: 16
  • Number Of Dryers: 1
  • Number Of Refrigerators: 16
  • Number Of Units: 16
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 15

MLS Schools

  • High School: Franklin
  • Middle School: Franklin
  • School District: Franklin Community School Corp.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Christian Investments Llc
Bought by

Purchase Details

Closed on
Jun 1, 2018
Sold by
County Club Franklin Llc
Bought by
Christian Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2016
Sold by
Hoff Linda M and Estate Of Ben S Hoff Iii
Bought by
Country Club Franklin Llc

Purchase Details

Closed on
Jul 27, 2016
Sold by
Hoff Ben S and Hoff Kaitlin
Bought by
Country Club Franklin Llc

Purchase Details

Closed on
Apr 14, 2015
Sold by
The Ben Hoff Llc
Bought by
Hoff Linda and Estate Of Ben S Hoff Iii
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Security Title
Warranty Deed -- Chicago Title
Personal Reps Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $4,991,690 New Conventional
Previous Owner $1,728,750 New Conventional
Previous Owner $783,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2026 07/29/26 Sold $1,600,000 0.0% $103 / Sq Ft
05/28/2026 05/28/26 Pending -- -- --
05/19/2026 05/19/26 Price Changed $1,600,000 -5.8% $103 / Sq Ft
04/28/2026 04/28/26 Price Changed $1,699,000 -5.6% $109 / Sq Ft
03/27/2026 03/27/26 For Sale $1,800,000 0.0% $116 / Sq Ft
04/01/2024 04/01/24 Rented $925 0.0% --
03/19/2024 03/19/24 Under Contract -- -- --
03/19/2024 03/19/24 Price Changed $925 -2.6% $0 / Sq Ft
03/11/2024 03/11/24 For Rent $950 -- --
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,967 $474,393 $192,922 $281,471
2025 $5,751 $465,092 $189,140 $275,952
2024 $5,751 $455,974 $185,432 $270,542
2023 $5,643 $447,035 $181,797 $265,238
2022 $5,493 $438,271 $178,233 $260,038
2021 $5,369 $429,679 $174,739 $254,940
2020 $5,249 $425,274 $172,948 $252,326
2019 $5,121 $416,936 $169,557 $247,379
2018 $5,045 $408,762 $166,233 $242,529
2017 $12 $400,748 $162,974 $237,774
2016 $4,806 $392,891 $159,779 $233,112
2015 $4,743 $386,990 $157,379 $229,611
2014 $5,884 $379,411 $154,297 $225,114
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202610440

Indiana Regional MLS
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