About This Home

This 2-bedroom, 1-bathroom single family at 551 E Adams Street in Franklin, IN is listed for $295,000 ($156 per sqft). Built in 1900, the home offers 1,894 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1900
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
1 full
1900

Amenities

A/C
Listing Description

Fall in love with the character and convenience of this beautifully refreshed home on a quiet street in downtown Franklin. Just a 5-10 minute walk to Franklin College, local restaurants, shops, and downtown attractions, this home offers the best of a walkable lifestyle with the comfort of a peaceful neighborhood setting.

Inside, soaring 10-foot ceilings, a formal dining room, and two generously sized bedrooms create a home full of character and possibility. Need room for a home office, creative space, or additional living area? The flexible layout offers options to fit your lifestyle.

The updated eat-in kitchen features granite countertops and an inviting space for everyday meals and entertaining. More than $60,000 in recent improvements bring added comfort and peace of mind, including new windows and exterior doors, fresh paint, new carpet, two custom closet systems, a brand-new washer/dryer combo, and Mitsubishi mini-split heating and cooling units serving the upstairs.

The water heater is just two years old, and a 12-month home warranty is included! Outside, enjoy a spacious privacy-fenced backyard and convenient off-street parking. Whether you're looking for a home with historic character, a walkable downtown location, or flexible space to make your own, this Franklin gem offers a distinctive alternative to the ordinary. Historic charm. Thoughtful updates. Downtown convenience. Come discover the possibilities!

Monthly Cost Estimate

$1,578/mo

20% down · 6.5% · 30 years

Principal$213
Interest$1,278
Insurance$86

Estimates only. Actual payments may vary.

Location

551 E Adams Street

Franklin, IN 46131

No Subdivision

Features & Amenities

Interior Features

High CeilingsEntrance FoyerPaddle FanEat-in KitchenSmart ThermostatWood Work Painted

Exterior Features

Storage Shed

Property Details

Construction

Vinyl Siding

Outdoor Features

Patio

Heating

Forced AirNatural Gas

Cooling

DuctlessCentral Air

Appliances

DishwasherDryerGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Softener Owned

Questions & Answers

This 2-bedroom, 1-bathroom single family at 551 E Adams Street is listed at $295,000 ($156/sqft). The estimated monthly payment is $1,578 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.14 acre lot, 2 stories. Interior Features: High Ceilings, Entrance Foyer, Paddle Fan. Exterior Features: Storage Shed.

This property is listed by Elyssa Hill.

EH

Elyssa Hill

Agent at CENTURY 21 Scheetz

Listed by CENTURY 21 Scheetz · Broker phone: (317) 844-5111 · View on Broker Site · Broker website

MLS# 22110409· Source: Broker Listing Cooperative®· 124 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

551 E Adams Street, Franklin, IN 46131

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