551 E Adams Street Franklin, IN 46131
Listing Courtesy of: MIBOR as distributed by MLS GRID / Listed By: Elyssa Hill, Century 21 Scheetz

  551 E Adams Street Franklin, IN 46131

Active (89 Days)
$295,000 (USD)
2
BED
1
BATH
1,894
SQFT

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!

MLS #:
22110409
Taxes
$1,259(2025)
Lot Size
6,055 SQFT
Type
Single-Family Home
Year Built
1900
School District
Franklin Community School Corp
County
Johnson County
Community
Franklin

Listed By

Elyssa Hill, Century 21 Scheetz
Source
MIBOR
Last checked Oct 27 2026 at 2:40 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Microwave
  • Gas Oven
  • Refrigerator
  • Dryer
  • Washer
  • Dishwasher
  • Gas Water Heater
  • Water Softener Owned
Subdivision
  • No Subdivision
Property Features
  • Fireplace: 0
  • Foundation: See Remarks
  • Foundation: Cellar
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
  • Other
  • Ductless
Exterior Features
  • Vinyl Siding
School Information
  • Middle School: Franklin Community Middle School
  • High School: Franklin Community High School
Stories
  • 2
Living Area
  • 1,894 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 21, 2026
Price Changed
$295,000
-2%
-$5,000
Aug 27, 2026
Price Changed
$300,000
-5%
-$15,000
Jul 30, 2026
Price Changed
$315,000
-2%
-$5,000
Jun 25, 2026
Listed
$320,000
-
-
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/20/23 06:55
Based on information submitted to the MLS GRID as of 10/27/2026 02:40. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.