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$369,800 $100on 12/6/2024

51 Walnut Street Franklin, IN  46131

  • 4 Beds
  • 3 Baths
  • 3,100 sq. Ft

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Property Description for 51 Walnut Street Franklin, IN 46131

Welcome to this stunning and versatile downtown Franklin gem! Perfectly positioned to offer both comfort and functionality, this exceptional property can be utilized as either a spacious single-family home with separate "in-law quarters" or as a lucrative two-unit rental. Step into an inviting entryway leading to an expansive living area on the main level. The generous living room flows seamlessly into a large dining area, ideal for gatherings and entertaining. The newly renovated kitchen boasts modern amenities, including a brand-new sink with garbage disposal, dishwasher, range with microwave/hood, and new appliances. This level also features two comfortable bedrooms and a beautifully updated bathroom with a tiled bathtub. Descend to the full basement, which offers a fantastic wet bar with a custom walnut counter, perfect for relaxation and socializing. Basement also includes a cozy bedroom and another full bathroom, complete with a stylish tiled shower. The flooring in the basement is both functional and attractive, with epoxy-coated concrete in high-traffic areas, plush carpeting in the bedroom, and elegant tile in the bathroom.The entire home has been meticulously updated with refinished hardwood floors on the main level, new waterproof laminate flooring, and freshly painted walls throughout all three levels. The property also features upgraded plumbing and electrical systems, new doors, and fresh trim, ensuring modern comfort and convenience. The 2nd floor unit is accessible by gated stairs from backyard alley access. It features a 1bedroom / 1 bath apartment w/ full kitchen, new appliances, spacious master w/ WIC. The home's exterior has been rejuvenated with a new paint job, and the gutters are now equipped with protective guards. Enjoy the newly landscaped yard, which includes a large fenced-in backyard with a brand-new concrete patio. Whether you're looking for a family home with extra living space or an investment opportunity, this is a MUST SEE!
QuickBuy option for home selling

Address:51 Walnut Street Franklin IN 46131
Status:Active
on site: 106 days
Price:$369,800
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,100
Year Built:1896
Lot Size:0.16
County: Johnson
Township: Franklin
MLS #:21999263
Property Type:Single Family Residence

Lot Dimensions:6996
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,248
Upper Level Sq. Ft. :676
Total Sq. Ft. :3,100
Basement:Yes

Loan Price
$2,245
Price And Interest $1,929/month
Property Tax $162/month
MTG INS $0/month
HOME INS $154/month
Price
$369,800
Down Payment %
0 %
Down Payment
$0
Property Taxes
$162/month
Home Owner Insurance
$1,848 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/06/24 $369,900 $369,800 -0.03%
12/02/24 $376,500 $369,900 -1.75%
11/19/24 $382,500 $376,500 -1.57%
11/04/24 $389,000 $382,500 -1.67%
10/04/24 $399,000 $389,000 -2.51%
09/21/24 $399,900 $399,000 -0.23%
09/17/24 $425,000 $399,900 -5.91%
09/09/24 $439,000 $425,000 -3.19%

RoomSizeLevel
Living Room 27x13 Main
Dining Room 12x12 Main
Kitchen 15x12 Main
Laundry 07x07 Basement
Primary Bedroom 16x11 Main
Bedroom 2 12x10 Main
Bedroom 3 16x08 Upper
Bedroom 4 13x11 Basement
Family Room 13x11 Upper
Bonus Room 32x26 Basement

Semi-Annual Property Tax:$972
Tax Year:2023
Mandatory HOA Fee:$

Area: 4105 - Johnson - Franklin
Subdivision: George Kings Franklin Twp
Zip Code:46131

High School:Franklin Community High School
Middle School:Franklin Community Middle School

Total Sq. Ft.:3,100
Interior Features:Attic Access, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Walk-in Closet(s), Wet Bar
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, MicroHood, Electric Oven, Gas Oven, Refrigerator, Washer, Water Heater
Exterior Type:Stucco
Fireplace(s):Family Room
Cool:Central Electric, Window Unit(s)
Heat:Baseboard, Forced Air, Gas
Water Heater:Dishwasher, Dryer, MicroHood, Electric Oven, Gas Oven, Refrigerator, Washer, Water Heater
Total Rooms:14
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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Listing provided courtesy of Corina Jones with Your Home Team from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/29/2024 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

75
Avg. DOM
$221.1
Avg. $ / Sq.Ft.
$ 333,998
Med. List Price

The house prices in Franklin are not dropping at the moment. There has been a increase in price of $14,866.50. 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 $344,900.00 and the average price per square feet is $218.86 per square feet. At the moment, the amount of homes listed is exactly 376 houses, with 63 with active status, 37 with pending status and 276 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 $2,064.95. 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 64 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 5245 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Franklin is $1,000,000.00. 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 $180,000.00 . 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 1876 and the newest built house is in year 2024.

The average size of properties in Franklin is 1988.24 sq.ft. , the biggest one being 4986 sq.ft. and the smaller being 1102 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.