OFF MARKET

Off Market Dec 2021 for $380K

$388,766

Studio

•

— ba

•

—

sq ft

128-150 Ridge St, Franklin, IN 46131

About this home

Beautiful 4 unit rental property complete with 2 bed 1.5 bath units in the heart of Franklin. One building is completely rented and one is ready to rent. Brand new roof over units 128 and 130. The efficient units have a great flow with a generous size kitchen open to a large living area. Both bedrooms are upstairs with great closet space and a convenient full bath. Don't miss out on this great opportunity!

Multi-familyProperty Type

1991Year Built

0.36 acresLot Size

Listed by Dan Moran • Moran Real Estate Group

Contact: dan@jeffpaxson.com

Bought with Hellena Robinett • CENTURY 21 Scheetz

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21819574

Redfin Estimate

$388,766

$8,766 since sold in December 2021$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 49% higher than the average sale price ($261K) of 6 comparable homes.

SOLD AUG 17, 2026
$250,000
A
3 beds2 baths1,264 sq ft
1755 Leerkamp Dr, Franklin, IN 46131
SOLD JUL 7, 2026
$212,000
B
3 beds2 baths1,054 sq ft
7373 S Woodruff Ln, Nineveh, IN 46164
SOLD MAY 29, 2026
$201,999
C
2 beds1 bath1,050 sq ft
489 Fleetwood Ln, Franklin, IN 46131
SOLD JUN 15, 2026
$189,000
D
2 beds2 baths996 sq ft
1012 Wild Ivy Trl, Franklin, IN 46131
SOLD JUL 9, 2026
$287,500
E
3 beds2 baths1,680 sq ft
684 Benjamin Franklin Ct, Nineveh, IN 46164
SOLD DEC 19, 2025
$425,000
F
3 beds2.5 baths2,034 sq ft
1532 Williamsburg Ln, Franklin, IN 46131

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Earn from this home

Sell

$88,366

Est. take-home

List your home with Redfin and save $3,888

Market trends in 46131, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.8%

0.4% MoM

Median sale price

$303K

$2K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

152

16 MoM

New listings for sale

$400,000
2 beds2 baths1,790 sq ft
2104 Heather Glen Way, Franklin, IN 46131
$199,000
2 beds1 bath848 sq ft
350 Hamilton Ave, Franklin, IN 46131
$339,500
3 beds2.5 baths2,449 sq ft
2274 Hampton Ln, Franklin, IN 46131
$189,950
2 beds1 bath925 sq ft
1431 Roberts Rd, Franklin, IN 46131
$425,000
5 beds2 baths2,600 sq ft
2796 N 200 W, Franklin, IN 46131
$300,000
3 beds2 baths2,264 sq ft
1200 Matthews Ct, Franklin, IN 46131
$335,000
3 beds2 baths1,674 sq ft
1150 E Adams Dr, Franklin, IN 46131
$309,900
4 beds2 baths2,150 sq ft
100 Merlin Dr, Franklin, IN 46131
3D WALKTHROUGH
$229,900
4 beds2 baths1,225 sq ft
206 Parkview Ct, Franklin, IN 46131
$499,900
3 beds3 baths3,335 sq ft
4919 E State Road 252, Franklin, IN 46131
See all

Provided by Redfin

Sale history for 128-150 Ridge St

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

64 ft.

Lot depth

110 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Johnson County

APN

41-08-23-024-039.001-009 and 41-08-23-024-039.00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 15, 2023.

RTN

Residential Traditional Neighborhood District

The RTN, residential, traditional neighborhood zoning district is intended to ensure the continued viability of the traditional-style neighborhoods in existence on the effective date of the ordinance codified in this title. This district should be used to maintain contextually appropriate setbacks and standards in its traditional neighborhoods.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Other
Golf related
Park & open space

Property details

Parking

Parking Information
Unit Parking: Parking Lot,Paved Area
Carport Spaces: 0

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0

Laundry Room Information
Laundry Features: Connections All

Multi-Family Financial Information
Owner Pays: Not Applic
Gross Income: 0
Expenses: 0

Multi-Unit Information
# of Units: 4

Unit Type 1 Information
Kitchen: 8x12
Levels: 2
Miscellaneous: Lndry Conn, Range/Oven, Refrigrater
Rent: 0
Rent Frequency: Monthly
Utilities: Cl Cntrl Air, Heat Forced

Unit Type 2 Information
Kitchen: 8x12
Levels: 2
Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
Rent: 0
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Heat Forced

Unit Type 3 Information
Kitchen: 8x12
Levels: 2
Miscellaneous: Lndry Conn
Rent Frequency: Monthly
Rent: 0
Utilities: Cl Cntrl Air,Heat Forced

Unit Type 4 Information
Kitchen: 8x12
Levels: 2
Miscellaneous: Lndry Conn
Rent: 0
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Heat Forced

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Attached Property
Property Sub Type: Residential Units - 1 to 4

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.36
Lot Features: Corner Lot

Utilities

Utility Information
Utilities: Sewer Connected, Water Connected
Solid Waste Information: Yes

Location

Location Information
Directions: US 31 to South St. turn left to Jackson St. Right to Ridge. One the corner of Jackson and Ridge
Tax Legal Description: CRIM'S ADD LOT 45 & 6'X 64' & 6'X 110' VACATED ALLEY and CRIM'S ADD LOT 46 & 6'X 64' VACATED ALLEY

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Johnson County
APN: 41-08-23-024-039.001-009 and 41-08-23-024-039.00

Home facts updated by county records on Jan 15, 2023

Other

Listing Information
Attribution Contact: dan@jeffpaxson.com

Green Information
Green Certification YN: No

Home Information
Construction Materials: Vinyl Siding
Structure Type: Duplex
Levels: Two
Security Features: Smoke Alarm

Around this home

Schools

Webb Elementary School

Public PreK-4 • Assigned • 1.5mi

5/10

Franklin Community Middle School

Public 7-8 • Assigned • 1.0mi

6/10

Franklin Community High School

Public 9-12 • Assigned • 3.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Franklin, IN • 46131

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$370,000 – $448,000

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New listings for sale in 46131

$400,000

2 beds2 baths1,790 sq ft

2104 Heather Glen Way, Franklin, IN 46131

$199,000

2 beds1 bath848 sq ft

350 Hamilton Ave, Franklin, IN 46131

$339,500

3 beds2.5 baths2,449 sq ft

2274 Hampton Ln, Franklin, IN 46131

$189,950

2 beds1 bath925 sq ft

1431 Roberts Rd, Franklin, IN 46131

$425,000

5 beds2 baths2,600 sq ft

2796 N 200 W, Franklin, IN 46131

$300,000

3 beds2 baths2,264 sq ft

1200 Matthews Ct, Franklin, IN 46131

$335,000

3 beds2 baths1,674 sq ft

1150 E Adams Dr, Franklin, IN 46131

$309,900

4 beds2 baths2,150 sq ft

100 Merlin Dr, Franklin, IN 46131

3D WALKTHROUGH

$229,900

4 beds2 baths1,225 sq ft

206 Parkview Ct, Franklin, IN 46131

Home values near 128-150 Ridge St

Data from public records.

Address	Redfin Estimate
101 Ridge St, Franklin, IN 3 Beds \| 1 Baths \| 1040 Sq. Ft.	$215,974
150 Ridge St, Franklin, IN 2 Beds \| 1.5 Baths \| 1856 Sq. Ft.	$225,333

Address	Redfin Estimate
99 Ridge St, Franklin, IN 3 Beds \| 1 Baths \| 1052 Sq. Ft.	$206,905
130 Ridge St, Franklin, IN 2 Beds \| 1.5 Baths \| 1856 Sq. Ft.	—

Address	Redfin Estimate
71 Ridge St, Franklin, IN 3 Beds \| 1 Baths \| 1052 Sq. Ft.	$200,488
51 Ridge St, Franklin, IN 3 Beds \| 1 Baths \| 1052 Sq. Ft.	$138,923

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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