Seller's Agent in 2025
Jobea Trefny
Carpenter, REALTORS®
(317) 691-1367
66 in this area
187 Total Sales
196 E Madison St Franklin, IN 46131
3
Beds
2
Baths
1,828
Sq Ft
$144/mo
HOA Fee
Highlights
- Vaulted Ceiling
- L-Shaped Dining Room
- Woodwork
- Marble Flooring
- Built-in Bookshelves
- Walk-In Closet
About This Home
As of June 2025STEEPED 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.
Last Agent to Sell the Property
Carpenter, REALTORS® Brokerage Email: jtrefny@callcarpenter.com License #RB14041101 Listed on: 05/05/2025
Last Buyer's Agent
Rusty Harsin
Hoosier, REALTORS®
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
- Entry on the 1st floor
- 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
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Jun 12, 2025
Sold by
Owens Laura M
Bought by
Guilfoy John J and Guilfoy Veronica
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Rusty Harsin
Hoosier, REALTORS®
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,743
Avg. Annual Appreciation
3.15%
Original Mortgage
$380,000
Outstanding Balance
$379,015
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$26,728
Purchase Details
Listed on
Feb 11, 2014
Closed on
Oct 31, 2014
Sold by
Menefee Benjamin and Menefee Jenna
Bought by
Mccauley Laura M
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Jobea Trefny
Carpenter, REALTORS®
List Price
$146,000
Sold Price
$132,000
Premium/Discount to List
-$14,000
-9.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$82,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 22, 2013
Sold by
Menefee Greg and Menefee Julle
Bought by
Menefee Benjamin and Menefee Jenna
Purchase Details
Listed on
Aug 8, 2012
Closed on
May 13, 2013
Sold by
Stanley Robin
Bought by
Menefee Greg and Menefee Julie
Seller's Agent
Mark Nally
Carpenter, REALTORS®
Buyer's Agent
Michael Stockhaus
Carpenter, REALTORS®
List Price
$125,500
Sold Price
$120,000
Premium/Discount to List
-$5,500
-4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Purchase Details
Closed on
Aug 23, 2005
Sold by
Christian Wade M
Bought by
Stanley Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Security Title | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | First American Title Insuran | |
| Warranty Deed | -- | Chicago Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $82,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $26,600 | Credit Line Revolving | |
| Previous Owner | $106,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $400,000 | 0.0% | $219 / Sq Ft | |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- | |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- | |
| 08/08/2012 08/08/12 | For Sale | $125,500 | -- | $69 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,281 | $278,200 | $5,000 | $273,200 |
| 2024 | $2,281 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Jobea Trefny
-
R
Buyer's Agent in 2025
Rusty Harsin
Hoosier, REALTORS®
-
Mark Nally
M
Seller's Agent in 2013
Mark Nally
Carpenter, REALTORS®
(317) 440-5085
5 in this area
67 Total Sales
-
S
Seller Co-Listing Agent in 2013
S. Brooke Huffman
Dropped Members
-
M
Buyer's Agent in 2013
Michael Stockhaus
Carpenter, REALTORS®
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22036699
APN: 41-08-14-043-006.002-009
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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