Franklin, IN 46131,50 W Madison ST
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Franklin, IN 46131,50 W Madison ST
Franklin, IN 46131,50 W Madison ST
Franklin, IN 46131,50 W Madison ST
Franklin, IN 46131,50 W Madison ST
Listed by Frederick Paris • Smythe & Co, Inc

$460,000

Est. payment /mo

$495,000

7.1%
Est.Price: ?

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50 W Madison ST Franklin, IN 46131

7,405 Sqft Lot

SOLD DATE : 06/01/2024

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Subdivision Orig Town Of Franklin

MLS Listing ID 21971404

Sold Date 06/01/24

Year Built 1930

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Great Investment Opportunity! 4200 sq feet home divided into 4 apartments in the heart of downtown Franklin. Two doors down from Main & Madison, this building is fully rented and all tenants have expressed their wish to stay. Owner has remodeled interior and exterior, new electric, new plumbing, new water heaters, roof is 10 years old, new wooden staircase out back. There are 6 parking spaces available behind the building. The ground floor could be re-designed as your living space, with two rental apartments above. Or keep all 4 units! Units A & B are on lower level. Units C & D are on upper level. A & C have 2 bedrooms. D is also a 2 bedroom, but has the capability of being a 3 bedroom. Unit B has 1 bedroom.

Location

State IN

County Johnson

Zoning mxd

Rooms

Basement Cellar

Interior

Heating Gas, Heat Pump

Cooling Central Electric

Fireplace N

Exterior

Exterior Feature Balcony

Roof Type Shingle

Building

Story Two

Foundation Brick, Cellar

Architectural Style TraditonalAmerican

New Construction false

Schools

Middle Schools Franklin Community Middle School

High Schools Franklin Community High School

School District Franklin Community School Corp

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MIBOR MLS
agent

James Wilson

Broker | License ID: RB14027290

+1(317) 289-5969

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