55 E Wayne St, Franklin, IN 46131
OFF MARKET

55 E Wayne St
Franklin, IN 46131

  • 4 Beds
  • 1,892 sqft

$231,400

Trulia Estimate
as of Aug 17, 2026

$231,400

Trulia Estimate
as of Aug 17, 2026
4 Beds
1,892 sqft

Home Value

Trulia Estimate
$231K
Since last month
Decreased$13K (-5.4%)
Since last year
Decreased$7K (-2.9%)
Since last sale
Increased$139K (+148.9%)
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 +147% in the last 10 years
MonthEstimated value
2026
August 2026$232K
July 2026$248K
June 2026$245K
May 2026$237K
April 2026$234K
March 2026$250K
February 2026$238K
January 2026$244K
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
303 W Jefferson St, Franklin, IN
0.32
Multi-Family Home
$270,000
05/22/26
2
2
-
149 Yandes St, Franklin, IN
0.35
Multi-Family Home
$175,000
10/27/25
1
1
-
1050 Wild Ivy Trl, Franklin, IN
0.92
Multi-Family Home
$395,000
12/17/25
6
4
-
550 Howe St, Franklin, IN
0.76
Multi-Family Home
$200,000
12/18/25
2
2
-
1063 Wild Ivy Trl, Franklin, IN
0.96
Multi-Family Home
$345,750
11/07/25
2
2
-
1049-1051 Taurus Ct, Franklin, IN
1.57
Multi-Family Home
$360,000
08/22/25
4
3
-
1410 E Jefferson St, Franklin, IN
1.06
Multi-Family Home
$1,600,000
07/29/26
31
16
15,568
30 Grassyway Ct, Whiteland, IN
6.05
Multi-Family Home
$310,000
08/29/25
4
4
-

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
82 E Wayne St #C, Franklin, IN 46131
0.02
$1,032,100
2
3
2,363
Off Market
64 E Wayne St #A, Franklin, IN 46131
0.02
$713,100
3
2.5
3,042
Off Market
184 S Water St #E, Franklin, IN 46131
0.03
$663,500
3
3
2,859
Off Market
178 S Water #F, Franklin, IN 46131
0.04
$670,000
3
3
2,363
Recently Sold
162 S Water St #G, Franklin, IN 46131
0.04
$738,200
4
3
3,030
Off Market
150 S Water St #H, Franklin, IN 46131
0.05
$820,700
4
3
3,059
Off Market
236 S Main St, Franklin, IN 46131
0.07
$248,600
3
2
2,007
Off Market
150 S Main St #304, Franklin, IN 46131
0.08
$521,800
2
2
1,528
Off Market
E #150S, Franklin, IN 46131
0.17
-
-
-
-
Off Market
227 E Jefferson St, Franklin, IN 46131
0.19
$444,900
2
1.5
2,889
For Sale
300 E Monroe St, Franklin, IN 46131
0.20
$443,700
3
2.5
3,509
Off Market
420 S Main St, Franklin, IN 46131
0.23
$209,900
2
1
900
For Sale

Local Information

  • Map ViewExplore the area around 55 E Wayne St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1930
Living Area
1,892 sqft
Price/Sqft
$122

About this House

2 unit home with Tenant's in place!! A 3BR 1 BA with access to basement on 1st floor and 2BR 1BA on second floor. Home has new roof on front, double insulated windows, new entry doors, new power box, new coin operated washer, dryer and new trash shed. Don't let this investment opportunity pass you by!!
55 E Wayne St, Franklin, IN 46131 is a 4 bedroom, 1,892 sqft multi-family built in 1930. It last sold for $93,000 on May 23, 2016. It is currently off market. The Trulia Estimate is $231,400, with a rent estimate of $1,365/month.

Home Details for 55 E Wayne St

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Other, GasCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 9888 sqft

Price and Tax history

DateEventPrice
May 23, 2016
Source: MIBOR as distributed by MLS GRID #21419380
Sold
$93,000
Oct 29, 2011
Source: Agent Provided
ListingRemoved
$75,000
Oct 30, 2010
Source: Agent Provided
Listed For Sale
$75,000
Feb 27, 2009
Source: MIBOR as distributed by MLS GRID #2867541
Sold
$37,000
Sep 7, 2000
Source: MIBOR as distributed by MLS GRID #2020675
Sold
$91,700

Market trends in Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
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
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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.
  • Jobrown2026
    "The neighborhood has a lot of families. There are a lot of fun things to do. There are a lot of restaurants and parks."
    0
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  • Jon Mershon
    "Lots of family’s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
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  • Lori.speicher
    "Franklin is like a Hallmark town. So much fun during the holidays. Festivals and parades. Great restaurants, breweries and coffee shops. The amphitheater is a great place to listen to music in the summer. "
    0
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  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
    0
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  • Swirlyrook1.nf
    "some places have dog parks or a lot of homes have fenced in backyards. a lot of landlords also allow most dog breeds. "
    1
    Flag
  • Rose W.
    "Dogs bark. Kids scream and yell. So which is more annoying? Trouble stirring people with no life. Need to quit complaining about dogs barking. They bark. Kids scream, yell, show their nasty little attitudes. Lets do something about that. "
    1
    Flag
  • Audrey W.
    "Family friendly neighborhoods. Local shopping and restaurants. Well maintained yards and homes. Safety is never a concern for me in Franklin. Community very inviting."
    3
    Flag
  • Ryan F.
    "Franklin is a great place to live, but the water quality and history of toxic warehouses are enough to want to look outside of the town"
    6
    Flag
  • Levi C.
    "Lived here my whole life. Still has that small town vibe with the touch of southern hospitality. Hopefully I can raise my children here as well"
    2
    Flag
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
    2
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  • Brittany.barton14
    "Lived here my whole life 27 years! and its safe, clean, people are friendly! The schools are great and the town is definitely growing the downfall is the housing prices."
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  • Kat V.
    "I’ve lived in this neighborhood for 15 years. It’s a great place to raise a family. Lots of parks, local shops and restaurants."
    0
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  • Kat V.
    "Great place to raise your family. Walk to everywhere with trails to all the parks. Quiet and quaint small town close to Indy."
    0
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  • F.rachel.enoch
    "quiet for a subdivision we all come together when someone is need . gather on the culdasc to visit with one another while children play "
    0
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  • Kat V.
    "The city has a great walking/running trail that links all the local parks together plus a dog park. Great small city with a private college which is perfect for raising children."
    0
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  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. 😊"
    0
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  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
    0
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  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
    0
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  • Roberta O.
    "I have lived here a little over a year, it's very quiet and the neighbors are super friendly. We live in the back so there isn't much traffic and my kids can play outside. "
    0
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  • Maheinicke
    "The college, the dive bars - The Jeff St Pub, and The Willard, and the Art Craft Theater are the best reasons. The scenery is actually nice, the drives on 144 and 44 are nice on summer drives with the top off, or during the fall when the leaves are pretty. "
    0
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  • Morgan M.
    "Near the college campus has great paved trails for running, walking and biking! Historic buildings and homes make for a charming unique place to live!"
    0
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  • Heather C.
    "There’s sidewalks everywhere to walk your dog. Dog parks. Parks. It’s ideal for dog owners. There’s nothing bad at all I can think of. "
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  • Shalee G.
    "people take care of their lawns. walk their dogs. some neighbors are nosey. but what neighbors are not. i spend a whole year living in franklin without a car. it was hard but doable. everything is real close and conventient if you live by north morton st. "
    0
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  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
    0
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  • Jessica M.
    "the houses are pretty close together, so if your dogs like to bark at people or other dogs, it could be very annoying"
    0
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  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "
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Explore by feature - Pet Friendly

46 pet-friendly rentals in Franklin, IN

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29 rentals with a garage in Franklin, IN

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38 rentals with air conditioning in Franklin, IN

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Homes for sale near 55 E Wayne St

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Off Market Homes Near 55 E Wayne St

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Frequently asked questions about 55 E Wayne St

  • What is 55 E Wayne St estimated to be worth?
    Trulia's estimated value for 55 E Wayne St in Franklin, IN is $231,400.
  • What is the price history for 55 E Wayne St?
    55 E Wayne St in Franklin, IN last sold for $93,000 in May 2016.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Franklin?
    The median sale price in Franklin is $285K. That is up $2.67K from the prior month.
  • Does 55 E Wayne St have air conditioning?
    Yes, 55 E Wayne St in Franklin, IN has air conditioning.