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$274,000 ↓$15,000on 3/15/2024

3480 S Us Highway 31 Franklin, IN  46131

  • 3 Beds
  • 2 Baths
  • 1,954 sq. Ft

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Property Description for 3480 S Us Highway 31 Franklin, IN 46131

Discover endless possibilities in this recently updated 3-bedroom, 2-bath residence, spanning 1954 sq ft on approximately 3 acres of land. Originally a prime Highway 31 location, this versatile property has been converted to residential use but retains the potential for retail or business purposes. The expansive interior offers modern comfort, while the large carport provides ample covered parking. Step outside to a huge deck overlooking a private backyard, creating a perfect space for relaxation or entertaining. With its strategic location and diverse potential, this property invites you to bring your ideas and turn them into the perfect blend of home and business. The canvas is ready-seize the opportunity!
QuickBuy option for home selling

Address:3480 S Us Highway 31 Franklin IN 46131
Status:Active
on site: 113 days
Price:$274,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,954
Year Built:1919
Lot Size:3.00
County: Johnson
Township: Blue River
MLS #:21958829
Property Type:Single Family Residence

Lot Dimensions:130680
Water Source:Private Well
Main Level Sq. Ft. :1,954
Total Sq. Ft. :1,954

Loan Price
$1,651
Price And Interest $1,429/month
Property Tax $108/month
MTG INS $0/month
HOME INS $114/month
Price
$274,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$108/month
Home Owner Insurance
$1,368 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/15/24 $289,000 $274,000 -5.19%
02/18/24 $344,000 $289,000 -15.99%
02/09/24 $349,000 $344,000 -1.43%

RoomSizeLevel
Living Room 18x14 Main
Kitchen 10x10 Main
Primary Bedroom 10x10 Main
Bedroom 2 10x10 Main
Bedroom 3 10x10 Main

Semi-Annual Property Tax:$650
Tax Year:2022
Mandatory HOA Fee:$

Area: 4109 - Johnson - Blue River
City:Franklin
Subdivision: No Subdivision
Zip Code:46131

Total Sq. Ft.:1,954
Interior Features:Eat-in Kitchen
Eating Area(s):Dining Combo/Family Room
Appliances:None
Exterior Type:Vinyl Siding
Fireplace(s):Woodburning Fireplce
Cool:None
Heat:Electric
Water Heater:None
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 3480 S Us Highway 31 Franklin, IN  46131


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Listing provided courtesy of Christopher Imel with eXp Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/05/2024 12:00 AM. 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.



Franklin Market Report

51
Avg. DOM
$184.71
Avg. $ / Sq.Ft.
$ 329,948
Med. List Price

The house prices in Franklin are not dropping at the moment. There has been a increase in price of $75,458.97. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Franklin are going Up. The average house price is $315,000.00 and the average price per square feet is $197.11 per square feet. At the moment, the amount of homes listed is exactly 308 houses, with 27 with active status, 43 with pending status and 238 sold in Franklin .

The most popular place to buy a home in Franklin is 4105 - Johnson - Franklin. 4105 - Johnson - Franklin is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Franklin .

The average amount of property taxes you would have to pay for a home in Franklin is $2,192.97. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Franklin are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Franklin was 2059 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Franklin is $1,100,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Franklin is $219,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Franklin in year 1850 and the newest built house is in year 2024.

The average size of properties in Franklin is 2298.85 sq.ft. , the biggest one being 4823 sq.ft. and the smaller being 1170 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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