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227 E Jefferson Street

Franklin, IN 46131

ActiveListed Jan 9, 2026 · 203 days on market

Key facts

Living area
2,889 sqft
Lot
0.12 acres
Year built
1800
Type
Commercial Sale · Business
MLS #
22079384
County
Johnson
Total building area
2,889 sqft

About this home

The timeless appeal and nostalgic charm of this classic mid-1800s American home are evident at every turn. From the richly detailed exterior trim and inviting covered front porch to the traditional vestibule, the home beautifully showcases its historic character. Soaring ceilings, finely crafted woodwork, elegant transom doorways, and leaded stained-glass windows evoke the warmth and craftsmanship of a forgone era while creating an atmosphere filled with endless character. Thoughtfully maintained and extensively updated, this residence seamlessly blends historic beauty with modern convenience. Over the last 10 years, major improvements include a new roof, updated electrical system, restored kitchen cabinetry with granite countertops, replacement of most plumbing, a new main sewer and water line, updated upper-level windows, and the addition of a new deck. Three years ago, the home received a complete HVAC system and new water heater. More recent enhancements include a newly constructed front porch, re-building of the main-level windows, a rebuilt front door, fresh exterior paint, updated landscaping, and re-graveled rear parking. Perfectly located within walking distance of all the shops, dining, and entertainment downtown Franklin has to offer, this exceptional property provides a rare opportunity to own a piece of history without sacrificing comfort or convenience. Don't miss your chance to see this amazing office building.

Description provided by the listing brokerage.

Exterior

Roof
Asphalt
Parking and garage
Gravel

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Commercial Overlay

Schools

Middle school
Franklin Community Middle School
High school
Franklin Community High School
School district
Franklin Community School Corp

Taxes

Estimated annual tax
$7,502 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,024per month, estimated
Principal and interest $2,243Property tax $625Insurance $156
20% · $88,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$444,900
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