275 E Madison St Franklin, IN 46131
Franklin AreaEstimated payment $2,580/month
Total Views
14,495
4
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Downtown View
- Traditional Architecture
- Forced Air Heating and Cooling System
- Mature Trees
- 1 Car Detached Garage
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 classic duplex in one of Johnson County's most desirable communities.
Listing Agent
CrestPoint Real Estate Brokerage Email: paul@crestpointindy.com License #RB24000835 Listed on: 07/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,490
Year Built
- Built in 1910
Lot Details
- 5,576 Sq Ft Lot
- Mature Trees
Parking
- 1 Car Detached Garage
Property Views
- Downtown
- Neighborhood
Home Design
- Duplex
- Traditional Architecture
- Block Foundation
- Shingle Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Laundry in Basement
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Hicks & Beard Subdivision
Listing and Financial Details
- The owner pays for taxes
- Tax Lot 8
- Assessor Parcel Number 410814043065000009
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $5,491 | $246,400 | $14,700 | $231,700 |
| 2024 | $2,442 | $110,400 | $14,700 | $95,700 |
| 2023 | $2,457 | $110,400 | $14,700 | $95,700 |
| 2022 | $2,462 | $110,400 | $13,400 | $97,000 |
| 2021 | $2,462 | $110,400 | $12,900 | $97,500 |
| 2020 | $2,462 | $110,400 | $12,900 | $97,500 |
| 2019 | $2,462 | $110,400 | $11,100 | $99,300 |
| 2018 | $1,450 | $72,000 | $11,100 | $60,900 |
| 2017 | $1,450 | $72,000 | $11,100 | $60,900 |
| 2016 | $1,430 | $67,500 | $11,100 | $56,400 |
| 2014 | $1,440 | $72,600 | $14,600 | $58,000 |
| 2013 | $1,440 | $72,000 | $14,600 | $57,400 |
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 |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | For Sale | $399,899 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
About the Listing Agent
Paul Gorrell is the founder of Indiana Home Scout, helping buyers and sellers navigate real estate across the Indianapolis area with thoughtful strategy and local insight.
When working with Paul, your goals shape the strategy—whether you are buying a home, selling a home, or navigating both at the same time.
Clients appreciate Paul’s calm approach, strong communication, and ability to explain the real estate process in a way that makes complex decisions easier to
Paul's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22116144
APN: 41-08-14-043-065.000-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 196 E Madison St Unit B
- 227 E Jefferson St
- 147 E King St
- 440 E Madison St
- 35 E King St
- 298 N Water St
- 197 Hurricane St
- 76 E Wayne St Unit B
- 551 E Adams St
- 690 E Jefferson St
- 151 Breckenridge St
- 18 Martin Place
- 198 W King St
- 599 Duane St
- 698 Yandes St
- 649 Young St
- 99 Center Ct
- 650 Oyler St
- 240 N Forsythe St
- 420 S Main St
- 100 E King St
- 120 E King St
- 447 E Jefferson St Unit 3
- 447 E Jefferson St
- 447 E Jefferson St
- 298 N Water St Unit B
- 298 N Water St
- 449 Yandes St
- 278 Walnut St
- 133 Pratt St
- 133 Pratt St
- 133 Pratt St Unit 1
- 7505 Founders Way
- 1420 E Jefferson St
- 1420 E Jefferson St Unit 1
- 270 Woodfield Dr
- 1563 Brookfield Cir
- 263 Story Dr
- 592 Hannah Place
- 910 S Shore Ct
Your Personal Tour Guide
Ask me questions while you tour the home.