5 months on rocket

Sale Pending

1348 Franklin Dr, Madison, IN, 47250

$252,000

Home List Price

$2,993*

Closing Credit

4 Bedrooms
2 Full Baths
1,232 SqFt
$205/SqFt
House

Location

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1348 Franklin Dr, Madison$252,000

Buyer Closing Credits

$2,993*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Carport, Attached
Attached Garage1 space
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1664197
Lot Size0.29 Acres
StatusSale Pending
(Pending)

About 1348 Franklin Dr

Discover your ideal home in this delightful 4-bedroom, 2-bath Bedford stone house, perfectly located on Madison's scenic hilltop, just minutes from the beautiful Clifty Falls State Park. This home features a full basement that is partially finished with a bedroom, full bath, family room, and a cozy day sleeping room, offering versatile living space. The fenced-in yard on a spacious corner lot features a back deck, ideal for outdoor gatherings. Additionally, the property includes both a garage and a carport, providing ample parking and storage options. Situated in a peaceful neighborhood, this well-cared-for home offers tranquility and comfort while being conveniently close to all of Madison's amenities. Don't miss out on this fantastic opportunity! Utilities tend to be lower due to the Bedford stone and the whole house fan. With homestead deductions taxes would be closer to $1598 a year.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,232 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 2 Car Carport, Attached

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head North on Cragmont Street from Main Street. In 1.7 miles make a left onto State St. In 0.8 miles make a left onto Rabbit Lane. In 0.4 miles the property will be located at the corner of Franklin Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $252,000
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $1,108
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, IN.

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Madison, IN

City

Med. Sold Price

$210K

Med. Price/SqFt

$149

Avg. Days On Market

52

# of Sold Homes

3

1348 Franklin Dr vs Madison

178 DAYS ON ROCKET

+126 Days

$252,000

+$42K More

$205/SqFt

+$56 More

KEY TAKEAWAY

This property is $42K more than the Median Sold Price and $56/SqFt more than other homes in Madison, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1664197

Listing Office:

  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,108$125,800
2018$1,032$106,100
2017$984$104,500

History based on county public records data.

Payment Calculator

$1,325

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$822

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-829960
5
/10

  • Anderson Elementary School

  • 2325 Cherry Dr

  • 1.50 miles

  • Public District Grades PK-4

school-card-donut-829961
7
/10

  • Lydia Middleton Elementary School

  • 714 W Main St

  • 2.37 miles

  • Public District Grades PK-4

school-card-donut-829962
6
/10

  • Rykers' Ridge Elementary School

  • 2485 N Rykers Ridge Rd

  • 4.59 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,953. The majority of Madison, IN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1348 Franklin Dr

What is the listing price of this property?

The listing price of 1348 Franklin Dr property is $252,000.

What type of property is this?

The property 1348 Franklin Dr is a house located in Madison, Indiana, 47250.

Is this property for sale now?

Sale Pending: 1348 Franklin Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,108 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1348 Franklin Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1348 Franklin Dr is 1,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1348 Franklin Dr is 1958.

Rocket Homes›Indiana›Jefferson County›Madison›47250›1348 Franklin Dr

This home is located at 1348 Franklin Dr in Madison, IN and zip code 47250. This 1,232 square foot home, which was built in 1958, sits on a 0.29 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $252,000.

In November 2024, from all listings sold in Madison, IN there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of listings in Madison, IN increased by 7.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 52 days, the median list price was $210,000.

From Rocket Homes Real Estate and based on county public records data.

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