3480 S Us Highway 31 Franklin, IN $ 274,000
3480 S Us Highway 31
$ 274,000
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3480 S Us Highway 31

Franklin, IN, 46131
$ 274,000
Baths0.0 Sq 1,954

Monthly Estimate*

$ 1,914

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Studio

Commercial Property for sale in Franklin, IN

for $274,000. This 1,954 square foot building was built in 1919 on a lot size of 3.

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!

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Commercial Active

Price

$ 274,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,300

Style

Mixed Use

Lot Size

3

Year Built

1919

Town/City

Franklin

County/Region

Johnson

MLS | Web ID

21958487

Features
General
Utilities Electricity Connected Septic System Water Connected
Possession Negotiable
Zoning Retail Stores
Year Built 1919
Township Blue River
Levels One
Property SubType Mixed Use
Tax Year 2022
Current Use Residential
County Johnson
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Franklin
Buyer Agent Compensation 2.5
High School District Edinburgh Community School Corp
MLS Area 4109 - Johnson - Blue River
Lot Size Square Feet 130680
Waterfront Y/N N
Street Name Us Highway 31
Days on Market 70
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
Legal Description E Nw S5 T11 R5
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Interior
Basement (Y/N) N
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Exterior
Building Area Total 1954
Lot Size Acres 3
Road Frontage Type Highway
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* Excluded Features
List By
Exp Realty, Llc

Broker

Chris@ChrisImelRealtor.com

Email

Affordability Calculator

$2,022
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,914
Monthly Property Taxes
$108
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4050418 Elementary School
4050367 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$274,000 -5.19% Price Down
2/18/2024$289,000 -15.99% Price Down
2/9/2024$344,000 -1.43% Price Down
1/6/2024$349,000 Listed Price

Map


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3480 S Us Highway 31, Franklin, IN, 46131 is a Commercial Property for sale at $274,000 with 1,954 sqft and a lot size of 3. 3480 S Us Highway 31 is a studio with 0.0 baths and was built in 1919. The property's zip code is 46131 which is in Franklin, IN