475 E MADISON ST

FRANKLIN, IN 46131
image0

2 bd, 1 ba | 1,456 sqft | Built in 1876

slider image
slider image
slider image

Favorite

List Price
$219,900

Initial Investment

$59,923

Purchase Price

$219,900

Down Payment

25%

Rent

$1,400

Total Return

$119,882

Annualized Return

23.3%

Cap Rate

4.2%

Gross Yield

7.6%

Cash Flow

-$3,356

Appreciation

10.4%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,916

HOA

None

Flood Risk

High Risk - Zone AE

SIMPLY ADORABLE historic charmer in downtown Franklin. 2BR 1BA. Many original features including hardwood flooring, upgraded tall windows and updated kitchen and bath! New paint throughout. Spacious living and dining rooms. Woodburning fireplace has not been used by current owner. Private backyard and deck. Parking behind off alley for 3 vehicles. HVAC in dry cellar.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$2,841

Property Taxes

-$4,520

Loan Payments

-$11,955

Net Cash Flow

-$3,356

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
View Options

Similar Listings



Listing Courtesy of:Jobea Trefny
Agent License RB14041101
Carpenter, REALTORS®
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22026974
Last Updated: 03/20/2025 15:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.