$320,000

1063 Wild Ivy Trail, Franklin, IN 46131

  • Property Icon Duplex
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

1063 and 1065 Wild Ivy Dr. - This is a fantastic opportunity to own a well-maintained duplex in the heart of Franklin - ideal for investors or owner-occupants seeking rental income and future equity growth. Both sides feature 2 bedrooms, 2 full baths, attached garages, and identical single-level floor plans with approximately 1,000 sq ft per unit. Unit 1063 has been recently updated with new flooring, cosmetic finishes, and new mechanicals - furnace, A/C, and water heater all replaced in 2024. Unit 1065 is in great condition with a 2018 water heater and 2021 HVAC system. Both share a 4-year-old roof and new garage doors, ensuring low maintenance for years to come. Each side is tenant-occupied on month-to-month leases, offering flexibility for the new owner. Current rents of $1,000 and $1,100 have room to grow, with market comps between $1,200-$1,400 per month. 2025 Comps in the neighborhood show individual sides selling around $200,000 each, creating a significant equity opportunity if the properties were ever sold separately in the future. Located near walking trails, schools, and downtown Franklin amenities, this duplex offers steady income, strong upside, and multiple exit strategies. Schedule your private tour today and secure this cash-flowing, equity-building asset.

Listing Status:
Pending
Listing Office:
Hemrick Property Group Inc. : 317-412-5310
Listing Agent:
Jacob Hemrick : 317-412-5310
MLS ID:
22068369
  • Laundry: Laundry ClosetMain Level
  • A/C: Central Air
  • Heating: Natural Gas
  • Style: Traditional
  • Parking: Attached
  • Roofing: Shingle
  • General: OneSlab
  • Road/Access: Asphalt
  • Originating MLS: mibor
  • School District: Franklin Community School Corp
  • County: Johnson
  • Zoning: West Parke Pt Lot 25 Mp Franklin Communi410815043031000009
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Jacob Hemrick, Hemrick Property Group Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Custer Baker Intermediate School

101 W State Road 44, Franklin, IN, 46131

Grades 5-6

0.57 miles away

F

Franklin Community Middle School

625 Grizzly Cub Dr, Franklin, IN, 46131

Grades 7-8

0.76 miles away

F

Franklin Community High School

2600 Cumberland Dr, Franklin, IN, 46131

Grades 9-12

2.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.