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(765) 418-1673

(765) 418-1673

196 E Madison St, Franklin, IN 46131

$399,900

Charming brick building featuring a red door and decorative architectural details, creating an inviting and historical facade at 196 E Madison St, Franklin, IN 46131
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1828

  • Year Built

    1915

  • Days on Market

    2

  • $/SqFt

    $219

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9 May
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12 May

Home Description

STEEPED in history, this gorgeous renovated downtown Franklin property is a coveted one-of-a-kind address. This 1915 Carnegie Library served the surrounding community & in 1990 it was lovingly converted to 5 condos, retaining the architecture including mahogany barrel-vaulted ceilings, marble floors, lighted cabinetry... Three bedrooms, one on the main floor, fully RENOVATED BATHROOMS, custom closets, ALL NEW WINDOWS and custom blinds, expansive hand laid paver patio and many other features you can't miss. Owners manage HOA; covers building exterior, trash, water & sewer for $144/mo. One parking space behind the unit and on-street parking. Walk to all the amenities this thriving community offers.

  • Property Type: Condo / Townhouse
  • Style: Other
  • Basement: Daylight/Lookout Windows,Finished Ceiling
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Siding: Brick
  • Patio & Porch: Open Patio

Available now at $399,900

Approximate Room Sizes / Descriptions

Kitchen10x9Main
Dining Room9x10Main
Living Room16x14Main
Bedroom 314x11Main
Bedroom 213x12Basement
Primary Bedroom22x11Basement
  • Areas: Utility Room
  • Interior Description: Attic Access,Built In Book Shelves,Entrance Foyer,Hi-Speed Internet Availbl,Raised Ceiling(s),Walk-in Closet(s),Wood Work Stained
  • Full Baths: 2
  • Num Fireplaces: 0
  • Primary Bedroom Description: Closet Walk in
  • Appliances: Dishwasher,Dryer,Electric Water Heater,MicroHood,Refrigerator,Washer,Water Softener Owned
  • Eating Area: Dining-L
  • Equipment: Radon System,Smoke Alarm
  • Heating: Electric,Forced Air
  • Utilities: Cable Connected
  • : jtrefny@callcarpenter.com

Neighborhood

The average asking price of a 3 bedroom Franklin home in this zip code is $332,237 (16.9% less than this home).

This home is priced at $219/sqft, which is 15.1% less than similar homes in the 46131 zip code.

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School Information

  • School District:Franklin Community School Corp

Financial

  • Approx Payment:$1,619*
  • Semi Annual Taxes:$1,140

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (765) 418-1673 and speak with one of our real estate consultants.

Listing Courtesy of Carpenter, REALTORS®. For information or to schedule a viewing of this property (MLS# 22036699), call: 765-418-1673

196 E Madison St, Franklin IN is a single family home of 1828 sqft and is currently priced at $399,900 . This single family home has 3 bedrooms. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes in Franklin, IN. Pheasant Pointe, Paris Estates and Cumberland Commons are nearby neighborhoods. MLS 22036699 has been posted on this site since 5/5/2025 (today).

2025

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