409 E Franklin St, Delphi, IN 46923
Property image
Property image
SOLD
APR 30, 2026

409 E Franklin St
Delphi, IN 46923

  • 6 Beds
  • 3 Baths
  • 1,932 sqft

$230,150

Last Sold: Apr 30, 2026
10% below list $255K
$119/sqft
Est. Refi. Payment $1,343/mo*
Refinance Your Home

$230,150

Last Sold: Apr 30, 2026
10% below list $255K
$119/sqft
Est. Refi. Payment $1,343/mo*
Refinance Your Home
6 Beds
3 Baths
1,932 sqft

Local Information

  • Map ViewExplore the area around 409 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1959
Living Area
1,932 sqft
Price/Sqft
$120
Parking
2 Car Garage

Description

Investor Opportunity! Fully leased triplex located within walking distance of downtown Delphi. Property includes three income-producing units, all with leases in place into 2027. Tenants pay their own electric. Unit 409: Currently used as a daycare. This unit could easily be converted to a 3-bedroom apartment. Unit 413: 1-bedroom apartment. Unit 407: 2-bedroom apartment. Parking & Storage include 1 garage currently used for storage for day care center, 1 attached carport (1 parking space); 1 detached carport (3 parking spaces); 1 additional parking space on an open cement slab. With a solid rental history and flexible future use, this makes this a strong addition to any investment portfolio.
409 E Franklin St, Delphi, IN 46923 is a 6 bedroom, 3 bathroom, 1,932 sqft multi-family built in 1959. It last sold for $230,150 on Apr 30, 2026 (10% below the $254,500 asking price). It is currently off market. The Trulia Estimate is $232,300, with a rent estimate of $1,248/month.

Home Details for 409 E Franklin St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl Space,Partial,Block,Stone
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1932 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Electric Water Heater
Heating & Cooling
Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: Duke Energy IndianaGas: None
Windows, Doors, Floors & Walls
Flooring: Vinyl Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Vinyl Tile
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: None
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 3Number of Covered Spaces: 5Has a CarportNo GarageHas an Attached GarageHas Open ParkingParking Spaces: 5Parking: Carport,Attached,Gravel,Off Street,On Street,Other,Off Street Parking
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 1932 Square Feet

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: Building, Land, LeaseParcel Number: 080629011068.000007

Price & Status

Price
List Price: $254,500
Status Change & Dates
Off Market Date: Fri Mar 27 2026

Media

Location

Direction & Address
City: DelphiCommunity: None
School Information
Elementary School: Delphi CommunityElementary School District: Delphi Community School Corp.Jr High / Middle School: Delphi CommunityJr High / Middle School District: Delphi Community School Corp.High School: DelphiHigh School District: Delphi Community School Corp.

Building

Building Area
Building Area: 2668 Square Feet

Lot Information

Lot Area: 7187.4 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Cable TV, Electricity

Rental Terms, Policies & Fees

Owner Pays: Insurance, Grounds Care, Sewer, Taxes, Water

Miscellaneous

BasementMls Number: 202609260Attribution Contact: Agt: 765-564-9822Above Grade Unfinished Area: 1932
Last check for updates: about 5 hours ago
Listed by Judith Wilson, (765) 564-9822
Joan Abbott Real Estate
Bought with: Joan Abbott, (765) 564-9822, Joan Abbott Real Estate
Source: IRMLS, MLS#202609260

Price History for 409 E Franklin St

DatePriceEventSource
04/30/2026$230,150Sold
IRMLS #202609260
03/27/2026$254,500PendingIRMLS #202609260
03/20/2026$254,500Listed For SaleIRMLS #202609260
02/01/2020$74,900ListingRemovedAgent Provided
01/21/2020$74,900Listed For SaleAgent Provided
05/16/2019$79,500ListingRemovedAgent Provided
03/15/2019$79,500PriceChange
Agent Provided
10/15/2018$85,900Listed For SaleAgent Provided
09/04/2010$89,000ListingRemovedAgent Provided
06/06/2010$89,000PriceChange
Agent Provided
11/26/2009$99,000Listed For SaleAgent Provided
02/23/1998$17,796Sold
N/A

Market trends in Delphi

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
26
4MoM
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Property Tax and Assessment

Year2025
Tax$4,288
Assessment$241,900
Home facts updated by county records

Comparable Sales for 409 E Franklin St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
111 W Franklin St, Delphi, IN
0.24
Multi-Family Home
$169,500
09/02/25
3
3.5
2,814
N 900 W, Delphi, IN
0.98
Multi-Family Home
$80,000
04/28/26
-
1,800

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Assigned Schools

These are the assigned schools for 409 E Franklin St.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Delphi

At least 21 Trulia users voted on each feature.

  • 83 % Say parking is easy

  • 82 % Say it's dog friendly

  • 81 % Say yards are well-kept

  • 72 % Say car is needed

  • 71 % Say there's holiday spirit

  • 67 % Say streets are well-lit

  • 66 % Say it's walkable to grocery stores

  • 65 % Say it's quiet

  • 64 % Say people would walk alone at night

  • 63 % Say kids play outside

  • 62 % Say it's walkable to restaurants

  • 56 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say there are sidewalks

  • 47 % Say there's wildlife

  • 42 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Angela
    "I’ve lived here for 17+ years and have no intention of moving. It’s a great neighborhood within a great little town. Children are aplenty in this area and there are wonderful schools for them to go to. There are several places to eat, but no lodging if you were just passing through. 2 thumbs up for me!"
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  • Tennis.star509
    "Easy but far from larger cities. By the Hoosier heartland which makes for a fast way to Lafayette and Logansport! "
    1
    Flag
  • Carrie J. B.
    "Everyone is very friendly and there are many parks for kids to play. Plenty of areas to fish and swim."
    0
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  • Sarah A. A.
    "I drive myself to and from either in traffic or not but no public transportation is available however there’s services that are available for those in need"
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  • Veronica R. B.
    "Everything is within walking distance. Commute is easy. On rare occasions you might have to wait for a train that is stopped."
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  • Sarahm3521
    "I like the small close knit community. Cost of living is low. Friendly people. I grew up in this community."
    1
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  • annekajans
    "We've been here for 21 years and enjoyed making our home here! Although a smaller community, it's retained it's family oriented and friendly atmosphere, but kept up with the times. It's a quiet place, but close enough to Lafayette, Monticello, Logansport and Rossville/Frankfort, if we need to have a little more excitement or make a Walmart run. Three of our children graduated from Delphi High School and we appreciated the excellence in education. "
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  • kathylambirth
    "We have lived here for over 10 years. We would love to pick it up and place it in lafayette. We know we are giving up the perfect place to be closer to our children and work."
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