196 E Madison Street, Franklin, IN 46131

$400,000
3
BD
2
BA
1,828
SqFt

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Sold Price
$400,000
List Price
$399,900
MLS#
22036699
Status
SOLD
Days on Market
38
Closing Date
Jun 12, 2025
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,828
Property Type
Residential
Year Built
1915
Ownership
Mandatory Fee

Property 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.

Additional Information

Style
Walk Up
Floor
1
Condo Location
Ground Level
Basement
Daylight/Lookout Windows, Finished Ceiling
Foundation
Block
Stories
Two
Architecture
Other
Equipment
Radon System, Smoke Alarm
Interior
Attic Access, Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Wood Work Stained, Entrance Foyer, Hi-Speed Internet Availbl
Exterior Amenities
Not Applicable
Acres
0.02
Heat
Forced Air, Electric
Appliances
Dishwasher, Dryer, Electric Water Heater, MicroHood, Refrigerator, Washer, Water Softener Owned
Mandatory Fee
$144
Mandatory Fee Paid
Monthly
Mandatory Fee Includes
Sewer, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Semi-Annual Taxes
$1,140
Garage Parking
Guest Street Parking, Other
Region
Franklin
Areas
Utility Room
Eating Areas
Dining-L

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Carpenter, REALTORS®. Selling Office: Hoosier, REALTORS®.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative