1410 E Jefferson St Franklin, IN 46131
Estimated payment $10,011/month
Highlights
- 1.65 Acre Lot
- Wood Flooring
- Patio
- Traditional Architecture
- Balcony
- Forced Air Heating and Cooling System
About This Home
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.
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
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $18,269 | $813,000 | $171,800 | $641,200 |
| 2024 | $16,526 | $747,000 | $171,800 | $575,200 |
| 2023 | $16,885 | $749,800 | $104,000 | $645,800 |
| 2022 | $16,234 | $728,000 | $104,000 | $624,000 |
| 2021 | $13,862 | $621,600 | $104,000 | $517,600 |
| 2020 | $13,862 | $621,600 | $104,000 | $517,600 |
| 2019 | $15,267 | $684,600 | $96,000 | $588,600 |
| 2018 | $8,576 | $428,800 | $96,000 | $332,800 |
| 2017 | $8,490 | $424,500 | $96,000 | $328,500 |
| 2016 | $9,580 | $480,500 | $96,000 | $384,500 |
| 2014 | $9,142 | $457,100 | $96,000 | $361,100 |
| 2013 | $9,142 | $457,400 | $96,000 | $361,400 |
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 |
|---|---|---|---|---|
| 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
MLS Number: 202610440
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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