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Ranch Duplex with Attached Garages
For Sale
$350,000

1029/1033 Wild Ivy Trail, Franklin, IN 46131

Residential Income, Franklin, IN

Property SizeContact for details
Lot Size0.21 Acres
Days on Market48

Property Features for 1029/1033 Wild Ivy Trail

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision West Parke
Elementary school Northwood Elementary School
Middle school Franklin Community Middle School
High school Franklin Community High School
Elementary school district Franklin Community School Corp
Middle school district Franklin Community School Corp
High school district Franklin Community School Corp
Directions GPS Friendly
Standard status Active
APN 410815043009000009
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description West Parke Lot 3 Mp Franklin Communi
Legal Description West Parke Lot 3 Mp Franklin Communi

Building Details

Year built 1997
Number of units 2
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Richard Teeters
Added: Jul 20 Changed: Aug 28 Last Checked: Sep 5 at 10:06AM
MLS# 22114468

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.

Investment Insights

Based on property information with market context.

Located at 1029/1033 Wild Ivy Trail in Franklin, Indiana, this duplex contains two residential units in a ranch-style building completed in 1997. Each unit includes an attached garage, providing secure, convenient parking directly connected to the residence.

Both units are currently rented, supporting immediate rental operations. The property occupies 0.21 acres in Johnson County and is identified by postal code 46131. Its two-unit configuration offers the flexibility of maintaining a fully leased duplex or occupying one residence while renting the other, as described in the available property information.

Key Highlights

  • Two‑unit duplex at 1029/1033 Wild Ivy Trail, Franklin, IN 46131
  • Ranch‑style construction completed in 1997
  • Attached garage included with each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 46131, IN

32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide single-story layouts with dedicated attached garage access for occupants.
Where is this duplex located?
The property is located at 1029/1033 Wild Ivy Trail Franklin, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex at 1029/1033 Wild Ivy Trail, Franklin, IN 46131; Ranch‑style construction completed in 1997; Attached garage included with each unit
More about this property
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