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  • $250,000

    98 W Madison St, Franklin, IN 46131

    --beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 1985
    -- sqft lot
    $297,500 Zestimate®
    $--/sqft
    $1,244 Estimated rent

    Owner options

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    $1,244/mo

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    $1,244/mo

    Rent Zestimate®

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    $1,209/mo

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    $1,209/mo

    Est. payment

    What's special

    Looking for an investment property in downtown Franklin? This could be your diamond in the rough! Mixed use zoning: currently used as Jewelry Store and office space. Over 2700sf including storefront. Complete restoration of home required. Could be converted back to a multi-family with storefront OR could use as owner occupied. The storefront was constructed in 1965 and is on separate furnace, all other utilities on one meter/updated electrical panel (Duke). Previous multi-family had four units: each w/ 1 bedroom & full bath, two kitchens up & one on main. Property is not in the flood plain.

    Zillow last checked: 8 hours ago

    Listing updated: September 25, 2024 at 03:29pm

    Listing Provided by:

    Jobea Trefny 317-691-1367,

    Carpenter, REALTORS®

    Bought with:

    Corey Stuart

    Keller Williams Indy Metro S

    Source: MIBOR as distributed by MLS GRID,MLS#: 21906214MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Connections Some
    Features
    • Basement: Cellar

    Property

    Parking
    • Details: Unit Parking(On Street)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 410814034008000009
    • Zoning: MIXED USE
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Block, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1985

    Community & neighborhood

    Location
    • Region: Franklin
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt
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    Estimated market value
    $297,500