Home Highlights
Multi-Family
Built in 1910
1 Parking Spaces
Local Information
- Map ViewExplore the area around 275 E Madison St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 1 hour ago
Listing Provided by: Paul Gorrell
CrestPoint Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22116144
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 275 E Madison St
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MLS Status: Active |
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Interior Details Basement: Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (main level): 2 |
Appliances & Utilities Laundry: In Basement |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View Has a ViewView: Downtown, Neighborhood |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: ShingleExterior: LightingFoundation: Block |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Unit Parking(2 Car Garage)No CarportNo Attached GarageParking Spaces: 1Parking: Detached |
Frontage Road Frontage: City Street, Access RdRoad Surface Type: Asphalt |
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Cumulative Days on Market: 1Days on Market: 47 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Traditional |
Building Construction Materials: Vinyl Siding, Shingle SidingNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 410814043065000009 |
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Price List Price: $399,899 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: FranklinCommunity: Hicks & Beard |
School Information Jr High / Middle School: Franklin Community Middle SchoolHigh School: Franklin Community High SchoolHigh School District: Franklin Community School Corp |
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Listing Agent Listing ID: 22116144 |
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Lot Area: 5662.8 sqft |
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Expense Tenant Pays: All Utilities |
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Owner Pays: Taxes |
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BasementMls Number: 22116144 |
Around this home
What Locals Say about Franklin
At least 209 Trulia users voted on each feature.
88 % Say yards are well-kept
88 % Say car is needed
83 % Say it's dog friendly
82 % Say parking is easy
80 % Say there are sidewalks
79 % Say kids play outside
77 % Say there's holiday spirit
74 % Say people would walk alone at night
58 % Say it's quiet
57 % Say streets are well-lit
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
44 % Say it's walkable to restaurants
37 % Say there's wildlife
30 % Say it's walkable to grocery stores
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Franklin
Last updated July 2026
Avg. sale price
$285K
$2.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$174
$11MoM
Available listings
114
3MoM
Home Value
Trulia Estimate
$383KSince last month
Decreased$10K (-2.6%)Since last year
Increased$202K (+111.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +299% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $383K |
| August 2026 | $379K |
| July 2026 | $393K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Multi-Family Home | $270,000 | 05/22/26 | 2 | 2 | - | |
0.11 | Multi-Family Home | $175,000 | 10/27/25 | 1 | 1 | - | |
0.50 | Multi-Family Home | $200,000 | 12/18/25 | 2 | 2 | - | |
1.07 | Multi-Family Home | $395,000 | 12/17/25 | 6 | 4 | - | |
1.12 | Multi-Family Home | $345,750 | 11/07/25 | 2 | 2 | - | |
0.90 | Multi-Family Home | $1,600,000 | 07/29/26 | 31 | 16 | 15,568 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $444,900 | 2 | 1.5 | 2,889 | For Sale | |
0.07 | $332,500 | 2 | 2.5 | 2,048 | Off Market | |
0.07 | $393,100 | 3 | 2 | 1,828 | Off Market | |
0.07 | $398,500 | 3 | 2 | 1,828 | For Sale | |
0.08 | $600,000 | 3 | 2.5 | 4,887 | Recently Sold | |
0.08 | $326,800 | 2 | 2.5 | 2,034 | Off Market | |
0.11 | $448,600 | 3 | 2.5 | 3,509 | Off Market | |
0.11 | $468,200 | 3 | 2 | 2,676 | Off Market | |
0.11 | $278,900 | 3 | 1 | 2,176 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.10 | $310,000 | 5 | 2 | 3,101 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 24, 2026 Source: MIBOR as distributed by MLS GRID #22116144 | Listed For Sale | $399,899 |
Jul 14, 2026 Source: N/A | ListingRemoved | |
Jun 12, 2026 Source: N/A | Listed For Sale | $375,000 |
May 7, 2026 Source: N/A | ListingRemoved | |
Jan 26, 2026 Source: N/A | Listed For Sale | $410,000 |
Feb 27, 2021 Source: N/A | ListingRemoved | |
Nov 15, 2020 Source: N/A | ListingRemoved | $1,150 |
Oct 18, 2020 Source: N/A | Listed For Rent | $1,150 |
Jul 15, 2019 Source: N/A | ListingRemoved | $950 |
Jun 24, 2019 Source: N/A | Listed For Rent | $950 |
Jun 21, 2018 Source: N/A | ListingRemoved | $950 |
Jun 4, 2018 Source: N/A | Listed For Rent | $950 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,442 | $246,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Paul Gorrell, CrestPoint Real Estate
Based on information submitted to the MLS GRID as of 2026-09-09 11:48:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 275 E Madison St
- What is the estimated monthly payment for 275 E Madison St?Based on a $399,899 list price with 20% down at today's rates, the estimated monthly payment for 275 E Madison St in Franklin, IN is approximately $2,466 (about $2,128 principal & interest, $263 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 275 E Madison St compare to homes in Franklin?275 E Madison St in Franklin, IN is listed at $399,899, about 40% above the $285K median sale price in Franklin.
- What do residents say about Franklin?Residents describe Franklin, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in Franklin, IN.
- What are the closest schools to 275 E Madison St?The closest schools to 275 E Madison St in Franklin, IN are Custer Baker Intermediate School (Elementary, rated 7/10), Franklin Community High School (rated 5/10), Franklin Community Middle School (rated 6/10).
- Does 275 E Madison St have air conditioning?Yes, 275 E Madison St in Franklin, IN has air conditioning.
- Does 275 E Madison St have laundry facilities?Yes, 275 E Madison St in Franklin, IN has laundry facilities.
275 E Madison St, Franklin, IN 46131 is a 4 bedroom, 4 bathroom multi-family built in 1910. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 24, 2026. The MLS # for this home is MLS# 22116144.