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Franklin,IN 46131
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,695 sqft
Price per Sqft $88
Subdivision Hamilton Addition
MLS Listing ID 21996517
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1876
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Welcome to this charming and unique home located in the heart of Franklin, IN. Built in 1876, this historic residence offers a blend of classic architecture and modern potential, making it a truly one-of-a-kind property. **Main House:** Spanning 2,156 square feet, the main unit features 5 spacious bedrooms, including one on the main level that can also be utilized as a dining or living room, depending on your needs. The home showcases beautiful hardwood flooring throughout the main living area, adding warmth and character to the space. The remaining bedrooms boast durable laminate wood flooring, ensuring easy maintenance and a contemporary feel. The main unit is equipped with 1 full bathroom and an additional half bathroom for convenience. **Studio Unit:** What sets this property apart is the back half of the house, which has been thoughtfully converted into a separate studio unit. This self-contained space includes its own full bathroom, kitchen, and laundry area. Currently rented through June 2025, the studio offers an excellent opportunity to generate rental income. Whether you're an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage payments, this setup provides incredible flexibility. **Parking:** The property offers street parking, as well as a dedicated parking pad next to the house that can accommodate 3-4 cars, ensuring plenty of space for both residents and guests. **Location:** Situated within walking distance of downtown Franklin and just minutes from Franklin College, this home is perfectly positioned to enjoy all the amenities and charm this vibrant community has to offer. Stroll to local shops, restaurants, and events, all while enjoying the convenience of living in a central location. Don't miss out on this unique investment opportunity in a prime location. Move into the main unit and let the rental income from the studio cover some or all of your mortgage payments, or rent both.
Location
State IN
County Johnson
Rooms
Main Level Bedrooms 1
Kitchen Kitchen Country
Interior
Interior Features Hardwood Floors
Heating Forced Air
Cooling Central Electric
Equipment Not Applicable
Fireplace Y
Appliance Electric Cooktop,Gas Water Heater,Oven,Refrigerator
Exterior
Exterior Feature Not Applicable
Utilities Available Cable Available,Electricity Connected,Gas,Sewer Connected,Water Connected
Waterfront false
View Y/N false
Parking Type Alley Access
Building
Story Two
Foundation Brick
Water Municipal/City
Architectural Style Craftsman
Structure Type Wood
New Construction false
Schools
Middle Schools Franklin Community Middle School
High Schools Franklin Community High School
School District Franklin Community School Corp