196 E Madison St Franklin, IN 46131
Estimated payment $2,551/month
Highlights
- Vaulted Ceiling
- L-Shaped Dining Room
- Woodwork
- Marble Flooring
- Built-in Bookshelves
- Walk-In Closet
About This Home
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.
Listing Agent
Carpenter, REALTORS® Brokerage Email: jtrefny@callcarpenter.com License #RB14041101
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $2,280
Year Built
- Built in 1915
HOA Fees
- $144 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Woodwork
- Vaulted Ceiling
- Entrance Foyer
- L-Shaped Dining Room
- Utility Room
- Finished Basement
- Basement Lookout
- Attic Access Panel
Kitchen
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Marble
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Radon Detector
- Fire and Smoke Detector
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating System
- Electric Water Heater
Additional Features
- Patio
- 937 Sq Ft Lot
Community Details
- Association fees include sewer, ground maintenance, maintenance structure, snow removal, trash
- Carnegie Commons Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 410814043006002009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $2,162 | $207,000 | $5,000 | $202,000 |
| 2023 | $2,162 | $196,200 | $5,000 | $191,200 |
| 2022 | $1,982 | $178,300 | $5,000 | $173,300 |
| 2021 | $1,829 | $165,000 | $5,000 | $160,000 |
| 2020 | $1,875 | $169,000 | $5,000 | $164,000 |
| 2019 | $1,766 | $159,500 | $5,000 | $154,500 |
| 2018 | $1,368 | $136,600 | $5,000 | $131,600 |
| 2017 | $1,369 | $136,900 | $5,000 | $131,900 |
| 2016 | $1,105 | $122,400 | $5,000 | $117,400 |
| 2014 | $1,043 | $114,300 | $4,200 | $110,100 |
| 2013 | $1,043 | $104,300 | $4,200 | $100,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | For Sale | $399,900 | +203.0% | $219 / Sq Ft |
| 10/31/2014 10/31/14 | Sold | $132,000 | -5.6% | $72 / Sq Ft |
| 10/12/2014 10/12/14 | Pending | -- | -- | -- |
| 06/04/2014 06/04/14 | Price Changed | $139,900 | -2.5% | $77 / Sq Ft |
| 03/31/2014 03/31/14 | Price Changed | $143,500 | -1.7% | $79 / Sq Ft |
| 02/11/2014 02/11/14 | For Sale | $146,000 | +21.7% | $80 / Sq Ft |
| 05/13/2013 05/13/13 | Sold | $120,000 | -4.4% | $66 / Sq Ft |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- |
| 08/08/2012 08/08/12 | For Sale | $125,500 | -- | $69 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | First American Title Insuran | |
| Warranty Deed | -- | Chicago Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $26,600 | Credit Line Revolving | |
| Previous Owner | $106,400 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22036699
APN: 41-08-14-043-006.002-009
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