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Sold
  • $270,000

    452 W Adams St, Franklin, IN 46131

    4beds
    3baths
    --sqft
    Multi Family, Triplex
    Built in 1950
    -- sqft lot
    $306,300 Zestimate®
    $--/sqft
    $1,579 Estimated rent

    Home value

    $306,300

    $285,000 - $331,000

    $1,579/mo

    Zestimate® history
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    What's special

    Discover a versatile property in Franklin offering three distinct units, each tailored for living and exceptional investment potential. This property is perfect for investors seeking to maximize rental income or homeowners interested in strategic house hacking. Enjoy privacy and convenience in the vacant lower-level 2 bedroom apartment, complete with its own laundry room and separate utilities. Ideal for tenants seeking comfortable, independent living. Ascend to the upper-level apartment, featuring a layout that includes a formal dining room. This unit provides a galley kitchen, living areas, and convenient laundry facilities, making it an attractive option for tenants. A unique addition, the detached garage has been transformed into an apartment with dedicated laundry amenities, and a versatile layout. With two units already leased and separate meters for electric and gas, this property offers immediate cash flow and the flexibility for house hacking. Conveniently located within walking distance to downtown Franklin, there is easy access to local shops, dining options, and entertainment venues. Quick access to U.S. 31 and direct routes to I-65 ensures effortless commuting and travel, enhancing the property's appeal to both tenants and future buyers. This property not only offers a prime location but also multiple revenue streams and the adaptability to suit various investment strategies. Seize this exceptional opportunity to own a multifaceted property in Franklin's thriving market. Whether you're expanding your investment portfolio or exploring strategic owner-occupied options, this property promises both immediate returns and long-term value.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Macie Harz 317-400-4946,

    Real Broker, LLC,

    Reggie Jackson

    Bought with:

    Katherine VanDeman

    Smythe & Co, Inc

    Source: MIBOR as distributed by MLS GRID,MLS#: 21986146MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Features
    • Has basement: No

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 410814032030000009
    • Zoning: Res 3 fam dwelling platt
    • Special conditions: As Is,Sales Disclosure On File

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Condition
    • New construction: No
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Franklin
    • Subdivision: Hamilton

    Price history

    DateEventPrice
    8/8/2024Sold$270,000-1.8%
    Source: MIBOR as distributed by MLS GRID #21986146 Report a problem
    7/10/2024Pending sale$275,000
    Source: MIBOR as distributed by MLS GRID #21986146 Report a problem
    7/7/2024Price change$275,000-1.8%
    Source: MIBOR as distributed by MLS GRID #21986146 Report a problem
    6/20/2024Listed for sale$280,000
    Source: MIBOR as distributed by MLS GRID #21986146 Report a problem
    9/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/15/2023Listed for rent$900
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,699 +8.5%$194,200 -8.6%
    2024$4,330 +9.2%$212,400 +9.1%
    2023$3,967 +18.8%$194,600 +9.4%
    2022$3,341 -9.1%$177,900 +18.8%
    2021$3,675 +8.7%$149,800 -9.1%
    2020$3,381 +22.9%$164,800 +8.7%
    2019$2,750 +6.2%$151,600 +10.3%
    2018$2,590 +5.6%$137,500 +6.2%
    2017$2,452 $129,500 +5.6%
    2016$2,452 +32.3%$122,600 +42.2%
    2014$1,854 +11.3%$86,200 +3.5%
    2013$1,666 -8.7%$83,300 -8.7%
    2012$1,825 -3.3%$91,200 -2.9%
    2011$1,888 $93,900
    2009$1,888 -32.1%$93,900 +3.5%
    2007$2,780 +33.8%$90,700 +17.5%
    2006$2,077 $77,200

    Find assessor info on the county website

    Neighborhood: 46131

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northwood Elementary School
    • Middle: Franklin Community Middle School
    • High: Franklin Community High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $306,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $306,300