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House for sale at 275 E Madison St, Franklin, IN 46131 | MLS# 22116144 | Listing updated on 2026-09-10
Photo 1 of House for sale at 275 E Madison St, Franklin, IN 46131 | MLS# 22116144 | Listing updated on 2026-09-10
Photo 2 of House for sale at 275 E Madison St, Franklin, IN 46131 | MLS# 22116144 | Listing updated on 2026-09-10
Photo 3 of House for sale at 275 E Madison St, Franklin, IN 46131 | MLS# 22116144 | Listing updated on 2026-09-10
Photo 4 of House for sale at 275 E Madison St, Franklin, IN 46131 | MLS# 22116144 | Listing updated on 2026-09-10
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$389,000

Monthly Est:$1,936

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

275 E Madison St, Franklin, IN 46131

$1,936/moEst:

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  • Duplex

  • Built in 1910

  • $-- HOA

  • 5,576 sqft lot

  • --/sqft

Description

Excellent opportunity to own a well-maintained duplex on a prominent corner lot just blocks from historic downtown Franklin and Franklin College. Each unit offers approximately 1,100+ square feet with 2 bedrooms, 2 baths, spacious living room with fireplace, large kitchen, hardwood floors, charming built-ins, and a full unfinished basement providing abundant storage and laundry space. Separate entrances, off-street parking, and a detached two-car garage add convenience for both residents and owners. Whether you're expanding your investment portfolio or looking to owner-occupy one unit while generating rental income from the other, this property offers outstanding flexibility. Enjoy easy access to Franklin's award-winning downtown filled with local restaurants, coffee shops, boutiques, festivals, and entertainment, along with nearby parks, trails, and Franklin College. Conveniently located near US-31 and I-65 for an easy commute to Indianapolis, this is a rare opportunity to own a classic duplex in one of Johnson County's most desirable communities.

  • Houzeo last checked: 10 minutes ago
  • Listing updated: September 10, 2026 at 8:40 pm
  • Listing Provided by: Paul Gorrell | CrestPoint Real Estate (317) 790-4975
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22116144 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Johnson County

  • City

    Franklin

  • Neighborhood

    --

  • Year Built

    1910

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5,576 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22116144

  • MLS Status

    Active

  • Days on Market

    76

  • Cumulative Days on Market

    49

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

Interior

  • Cooling

    Central Air

  • Exterior Features

    Lighting

  • Heating

    Forced Air, Natural Gas

Construction

  • Year Built

    Year Built: 1910

  • Home type

    Duplex

  • Architectural Style

    Traditional

  • Foundation Details

    Block

  • Roof

    Shingle

  • Construction Materials

    Vinyl Siding, Shingle Siding

Utilities & Energy

  • Security Features

    Smoke Detector(s)

  • Laundry Features

    In Basement

  • Basement

    Unfinished

  • Parking Features

    Detached

Other Features

  • Subdivision Name

    Hicks & Beard

  • Lot Features

    Access, Curbs, Not In Subdivision, Mature Trees

  • Tenant Pays

    All Utilities

Price History

DateEventPrice

07/24/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22116144

Price Decreased

$389,000 -2.73%

$0/sqft

07/24/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22116144

Listed for Sale

$399,899

$0/sqft

Based on information from MIBOR REALTOR® Association through Oct 08, 2026, 08:46PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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