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  • $400,000

    196 E Madison St, Franklin, IN 46131

    3beds
    1,828sqft
    Residential, Condominium
    Built in 1915
    -- sqft lot
    $401,500 Zestimate®
    $219/sqft
    $1,786 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 12, 2025 at 02:03pm

    Listing Provided by:

    Jobea Trefny jtrefny@callcarpenter.com,

    Carpenter, REALTORS®

    Bought with:

    Rusty Harsin

    Hoosier, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 22036699MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Marble
    • Level: Basement
    • Area: 242 Square Feet
    • Dimensions: 22x11
    Bedroom 2
    • Features: Vinyl Plank
    • Level: Basement
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 3
    • Features: Hardwood
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Dining room
    • Features: Hardwood
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 9x10
    Kitchen
    • Features: Hardwood
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Living room
    • Features: Hardwood
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Heating
    • Forced Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, MicroHood, Refrigerator, Washer, Water Softener Owned
    • Laundry: Laundry Closet, Main Level
    Features
    • Attic Access, Bookcases, High Ceilings, Walk-In Closet(s), Entrance Foyer, High Speed Internet
    • Windows: Wood Work Stained
    • Basement: Daylight,Finished Ceiling
    • Attic: Access Only
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,828
    • Total interior livable area: 1,828 sqft
    • Finished area below ground: 872

    Property

    Parking
    • Parking features: Assigned
    • Details: Garage Parking Other(Guest Street Parking, Other)
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level
    • Patio & porch: Patio
    Lot
    • Size: 871.20 sqft
    Details
    • Parcel number: 410814043006002009
    • Special conditions: Sales Disclosure Supplements
    • Other equipment: Radon System
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Water: Municipal/City

    Community & neighborhood

    Location
    • Region: Franklin
    • Subdivision: Carnegie Commons

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $144 monthly
    • Amenities included: Maintenance Grounds, Maintenance, Snow Removal, Trash
    • Services included: Sewer, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $401,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $401,500