51 Walnut Street, Franklin, IN 46131

$382,500 Asking Price

4 beds
3 baths
3,100  sqft
Built in 1896

Welcome to this stunning and versatile downtown Franklin gem! Perfectly positioned to offer both comfort and functionality, this exceptional property can be utilized as either a spacious single-family home with separate "in-law quarters" or as a lucrative two-unit rental. Step into an inviting entryway leading to an expansive living area on the main level. The generous living room flows seamlessly into a large dining area, ideal for gatherings and entertaining. The newly renovated kitchen boasts modern amenities, including a brand-new sink with garbage disposal, dishwasher, range with microwave/hood, and new appliances. This level also features two comfortable bedrooms and a beautifully updated bathroom with a tiled bathtub. Descend to the full basement, which offers a fantastic wet bar with a custom walnut counter, perfect for relaxation and socializing. Basement also includes a cozy bedroom and another full bathroom, complete with a stylish tiled shower. The flooring in the basement is both functional and attractive, with epoxy-coated concrete in high-traffic areas, plush carpeting in the bedroom, and elegant tile in the bathroom.The entire home has been meticulously updated with refinished hardwood floors on the main level, new waterproof laminate flooring, and freshly painted walls throughout all three levels. The property also features upgraded plumbing and electrical systems, new doors, and fresh trim, ensuring modern comfort and convenience. The 2nd floor unit is accessible by gated stairs from backyard alley access. It features a 1bedroom / 1 bath apartment w/ full kitchen, new appliances, spacious master w/ WIC. The home's exterior has been rejuvenated with a new paint job, and the gutters are now equipped with protective guards. Enjoy the newly landscaped yard, which includes a large fenced-in backyard with a brand-new concrete patio. Whether you're looking for a family home with extra living space or an investment opportunity, this is a MUST SEE!

Features & Amenities

Interior

General:
Attic Access, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Walk-in Closet(s), Wet Bar
Appliances:
Dishwasher, Dryer, MicroHood, Electric Oven, Gas Oven, Refrigerator, Washer, Water Heater
Laundry:
In Basement
A/C:
Central Electric, Window Unit(s)
Heating:
Baseboard, Forced Air, Gas
Fireplace:
Family Room, Fireplaces: 1

Exterior

Style:
TraditonalAmerican
Other Structures:
Deck UP, Open Patio
Parking:
Alley Access

Construction

General:
Two, Block

Location

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

Lot

Zoning:
Kings 1st Add Pt E 1/2 Lot 4 & W 1/2 Lot 4 Mp Franklin Communi, 410814034072000009
Fencing:
Fence Full Rear

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Your Home Team, Corina Jones

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.

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