Rachel Artz
Branch Realty
(765) 225-5683
98 Total Sales
1 in Delphi
$159,900 Price
409 E Franklin St Delphi, IN 46923
Delphi AreaEstimated Value: $198,000 - $239,000
6
Beds
3
Baths
1,932
Sq Ft
$116/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Landscaped
- Forced Air Heating and Cooling System
- 1 Car Attached Garage
- Luxury Vinyl Tile Flooring
- Level Lot
About This Home
As of April 2026Investor Opportunity! Fully leased triplex located within walking distance of downtown Delphi. Property includes three income-producing units, all with leases in place into 2027. Tenants pay their own electric. Unit 409: Currently used as a daycare. This unit could easily be converted to a 3-bedroom apartment. Unit 413: 1-bedroom apartment. Unit 407: 2-bedroom apartment. Parking & Storage include 1 garage currently used for storage for day care center, 1 attached carport (1 parking space); 1 detached carport (3 parking spaces); 1 additional parking space on an open cement slab. With a solid rental history and flexible future use, this makes this a strong addition to any investment portfolio.
Last Agent to Sell the Property
Joan Abbott Real Estate Brokerage Phone: 765-564-9822 Listed on: 03/20/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,847
Year Built
- Built in 1959
Lot Details
- 7,187 Sq Ft Lot
- Lot Dimensions are 60x120
- Landscaped
- Level Lot
Home Design
- Triplex
- Traditional Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Luxury Vinyl Tile Flooring
- Fire and Smoke Detector
- Laminate Countertops
- Laundry in Bathroom
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Block Basement Construction
- Stone or Rock in Basement
- 3 Bedrooms in Basement
- Crawl Space
Parking
- 1 Car Attached Garage
- Carport
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Location
- Suburban Location
Schools
- Delphi Community Elementary And Middle School
- Delphi High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable, electric
- The owner pays for building insurance, lawn maintenance, sewer, tax, water
- Assessor Parcel Number 08-06-29-011-068.000-007
Community Details
Overview
- 3 Units
Pet Policy
- Pets Allowed with Restrictions
Building Details
- Electric Expense $240
- Insurance Expense $1,479
- Maintenance Expense $400
- Water Sewer Expense $1,800
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
Listed on
Mar 20, 2026
Closed on
May 1, 2026
Sold by
Bought by
Seller's Agent
Judith Wilson
Joan Abbott Real Estate
Buyer's Agent
Joan Abbott
Joan Abbott Real Estate
List Price
$254,500
Sold Price
$230,150
Premium/Discount to List
-$24,350
-9.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.64%
Original Mortgage
$184,120
Outstanding Balance
$181,913
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$41,605
Purchase Details
Closed on
Jan 31, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 2020
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Delphi, IN
-
Rachel Artz
-
Michael Sims
Michael Sims
Redlow Group
(765) 735-3323
168 Total Sales
1 in Delphi
$175,000 Price
-
Brandi Shaw
Brandi Shaw
Indiana Realty Group
(765) 637-0216
156 Total Sales
14 in Delphi
$80K - $375K Price Range
-
Tyler Carmichael
Tyler Carmichael
eXp Realty, LLC
(888) 703-3613
61 Total Sales
1 in Delphi
$179,900 Price
-
Rebeca Wagers
Rebeca Wagers
Raeco Realty
(765) 307-5565
47 Total Sales
1 in Delphi
$210,000 Price
-
Diana Michel Chavez
Diana Michel Chavez
BerkshireHathaway HS IN Realty
(765) 403-0770
38 Total Sales
1 in Delphi
$350,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Columbia Title | ||
| $185,000 | Reiling Teder & Schrier Llc | ||
| $67,000 | Columbia Title | ||
| -- | None Available | ||
| $17,796 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $184,120 | ||
| Previous Owner | $104,000 | ||
| Previous Owner | $66,000 |
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 |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | Sold | $230,150 | -9.6% | $119 / Sq Ft |
| 03/27/2026 03/27/26 | Pending | -- | -- | -- |
| 03/20/2026 03/20/26 | For Sale | $254,500 | -- | $132 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $4,847 | $241,900 | $15,500 | $226,400 |
| 2024 | $4,288 | $213,800 | $15,500 | $198,300 |
| 2023 | $1,706 | $142,300 | $10,200 | $132,100 |
| 2022 | $1,706 | $85,300 | $10,200 | $75,100 |
| 2021 | $1,570 | $78,500 | $10,200 | $68,300 |
| 2020 | $1,570 | $78,500 | $10,200 | $68,300 |
| 2019 | $1,980 | $99,000 | $10,200 | $88,800 |
| 2018 | $1,980 | $99,000 | $10,200 | $88,800 |
| 2017 | $2,054 | $102,700 | $14,900 | $87,800 |
| 2016 | $2,054 | $102,700 | $14,900 | $87,800 |
| 2014 | $2,026 | $101,300 | $13,900 | $87,400 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Wilson
J
Seller's Agent in 2026
Judith Wilson
Joan Abbott Real Estate
(765) 404-7165
55 Total Sales
-
Joan Abbott
Buyer's Agent in 2026
Joan Abbott
Joan Abbott Real Estate
(765) 564-9822
208 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202609260
APN: 08-06-29-011-068.000-007
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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.
Based on information submitted to the MLS GRID
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