NOT LISTED FOR SALE

150 E Madison St Franklin, IN 46131

Franklin Area

Estimated Value: $496,000 - $597,000

3 Beds
2.5 Baths
3,153 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2025

Last sale price $600,000 $190 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,617 / mo

23 Days on Market

Highlights

  • Colonial Architecture
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Formal Dining Room

About This Home

As of December 2025

Nestled in the heart of Franklin, this gorgeous single-family residence is ready for its next chapter. Built in 1930, this property offers a unique opportunity to own a piece of the community's history. Full of timeless details, this property is ready to shine with the personal touches of its next owner. Main level consists of large living room with fireplace, half bath, laundry room, dining room, sitting room/library and kitchen. Main level carpeted areas are ready for the original hardwoods to be exposed and shine. All 3 bedrooms are on the second level along with 2 full bathrooms. The third level consists of a usable attic adding a spacious bonus area. Large, full basement providing ample space for storage. Fenced in backyard with concrete patio, perfect for enjoying the outdoors and taking in the downtown Franklin charm. Slate rock roof, copper gutters/downspouts, crown molding, built-ins, the unique details are off the chart. Location is ideal for walking downtown to enjoy local restaurants, shops, and Franklin festivals. Beautiful mixture of classic charm and modern convenience, making this home a truly exceptional find.

Last Agent to Sell the Property

Daniel Frische

Smythe & Co, Inc License #RB14049892 Listed on: 10/28/2025

Last Buyer's Agent

Daniel Frische

Smythe & Co, Inc License #RB14049892 Listed on: 10/28/2025

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Alley Access

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Woodwork
  • Crown Molding
  • Entrance Foyer
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Permanent Attic Stairs

Kitchen

  • Country Kitchen
  • Electric Oven

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Cellar
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch
  • Breezeway

Schools

  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hicks & Beard Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 5
  • Assessor Parcel Number 410814043007000009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1930
  • Building Area Total: 4887
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: Hicks & Beard
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Daylight, Storage Space, Unfinished
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Stairway, Built-in Features, Entrance Foyer, Hardwood Floors, Pantry, Wood Work Painted
  • Living Area: 3153
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1734
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 1419
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Tile-Ceramic
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: South
  • Foundation Details: Block
  • Patio And Porch Features: Breeze Way, Covered
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Carport, Detached, Concrete

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 0.24
  • Parcel Number: 410814043007000009
  • Acres: <1/4 Acre

Tax Info

  • Tax Block: 5
  • Tax Lot: 13
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: Other Tax Exemption/See Remarks

MLS Schools

  • High School: Franklin Community High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2025
Closed on
Dec 17, 2025
Sold by
Irvin Keith
Bought by
Seller's Agent
Daniel Frische
Smythe & Co, Inc
Buyer's Agent
Daniel Frische
Smythe & Co, Inc
List Price
$515,000
Sold Price
$600,000
Premium/Discount to List
$85,000
16.5%
Views
112
Current Estimated Value
$554,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,074
Avg. Annual Appreciation
-10.15%

Purchase Details

Listed on
Oct 28, 2025
Closed on
Dec 10, 2025
Sold by
First Presbyterian Church Of Franklin In
Bought by
Irvin Keith
Seller's Agent
Daniel Frische
Smythe & Co, Inc
Buyer's Agent
Daniel Frische
Smythe & Co, Inc
List Price
$515,000
Sold Price
$600,000
Premium/Discount to List
$85,000
16.5%
Views
112
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Irvin Keith -- Denali Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Sold $600,000 +16.5% $190 / Sq Ft
11/20/2025 11/20/25 Pending -- -- --
10/28/2025 10/28/25 For Sale $515,000 -- $163 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $301,100 $13,600 $287,500
2024 -- $229,300 $13,600 $215,700
2023 -- $229,300 $13,600 $215,700
2022 $0 $229,300 $13,600 $215,700
2021 $0 $210,400 $13,600 $196,800
2020 $0 $210,400 $13,600 $196,800
2019 $0 $210,400 $13,600 $196,800
2018 $0 $210,400 $13,600 $196,800
2017 $0 $208,900 $13,600 $195,300
2016 -- $208,900 $13,600 $195,300
2014 -- $208,200 $13,600 $194,600
2013 -- $208,200 $13,600 $194,600
Source: Public Records

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22070146

MIBOR Broker Listing Cooperative®

APN: 41-08-14-043-007.000-009

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