148 W Madison Street, Franklin, IN 46131

$249,000 Asking Price

6 beds
3 baths
2,140  sqft
Built in 1930

The renovation possibilities are endless, especially this property. It has two houses one property! Possible Historic grant money available. The Franklin Development Corporation or the preservation group Franklin Heritage may have possible restoration grants and also check for Residential grants/loans but also for Commercial Property Possibilities. Most of the commercial district and the courthouse square have been designated on the National Register of Historic Places and now applications are being filed for homes in specific neighborhoods already this summer. This property is located in Historic downtown Franklin with an extremely short walk to everything from quaint little traditional main street shops, coffeehouses, to very unique restaurants and beautiful historic homes and buildings! New amphitheater, splash pad, parks, trails and regular downtown community events, not to mention the Historic Artcraft Theater that features favorite period movies and special events. ***See additional info in associated documents about up to $25k to $50k possible commercial or residential grants or Commercial Revolving loans at 4%. Commercial Facade Matching Grant. Make sure to check their schedule for application deadlines and meeting times.


Features & Amenities

Interior

General:
Raised Ceiling(s), Windows Vinyl
Appliances:
Other
Laundry:
Connections All
Basement:
Unfinished
A/C:
Central Electric, Other
Heating:
Electric, Other
Fireplace:
Fireplaces: 0

Exterior

General:
Barn Mini
Style:
Colonial, Multi-Level, TraditonalAmerican
Parking:
Alley Access, Carport, Other

Construction

General:
Multi/Split, Concrete Perimeter, Partial, Poured Concrete, Slab, Brick, Wood, See Remarks

Location

Originating MLS:
mibor
School District:
Franklin Community School Corp
County:
Johnson

Lot

Zoning:
O P Pt Lot 12 Sw S14 T12n R4e Mp Franklin Communi, 410814034019000009
Fencing:
Chain Link, Fence Full Rear, Partial

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Trusted Realty Partners of Ind, Kirk C Parramore

About Franklin, IN

Housing

Number of Units
14,948
Median Home Value
$182,264
Median Rent
$834

27.09% of housing units are renter occupied.

5.95% are vacant.

Commute

Car
77.87%
Public Transportation
0.47%
Walk to Work
1.40%
Work from Home
19.81%
Other
0.21%

The median travel time to work is 23 minutes.

People

Population
37,482
Median Age
38.10
Median Household Size
2.83

Education

High School
36.06%
Associate’s Degree
9.19%
Bachelor’s Degree
17.66%
Graduate Degree
8.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: