Tammy Druckemiller
RE/MAX Acclaimed Properties
(930) 200-5606
58 Total Sales
1 in Franklin
$377,500 Price
196 E Madison St Franklin, IN 46131
Franklin AreaEstimated Value: $398,184
3
Beds
2
Baths
1,828
Sq Ft
$218/Sq Ft
Est. Value
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®
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Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $2,280
Year Built
- Built in 1915
Lot Details
- 937 Sq Ft Lot
- No Common Walls
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
Outdoor Features
- Patio
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating System
- Electric Water Heater
- Water Softener is Owned
- High Speed Internet
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
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
May 5, 2025
Closed on
Jun 12, 2025
Sold by
Owens Laura M
Bought by
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
-$1,816
Avg. Annual Appreciation
-0.36%
Original Mortgage
$380,000
Interest Rate
6.76%
Mortgage Type
New Conventional
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
9.39%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Franklin, IN
-
Tammy Druckemiller
-
Michelle McClain
Michelle McClain
Smythe & Co, Inc
(844) 254-3213
50 Total Sales
20 in Franklin
$70K - $688K Price Range
-
Derrin Phoenix
Derrin Phoenix
Carpenter, REALTORS®
(833) 983-5492
178 Total Sales
3 in Franklin
$230K - $270K Price Range
-
Shaloo Munjaal
Shaloo Munjaal
Berkshire Hathaway Home
(888) 612-6806
51 Total Sales
1 in Franklin
$430,000 Price
-
Deana Sutton
Deana Sutton
(219) 444-0322
45 Total Sales
1 in Franklin
$202,500 Price
-
Jess Martin
Jess Martin
Maywright Property Co.
(877) 270-2489
175 Total Sales
1 in Franklin
$409,000 Price
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 |
|---|---|---|---|
| -- | Security Title | ||
| Mccauley Laura M | -- | None Available | |
| Menefee Benjamin | -- | None Available | |
| Menefee Greg | -- | First American Title Insuran | |
| Stanley Robin | -- | Chicago Title Ins Co |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $264,000 | ||
| Closed | Guilfoy John J | $380,000 | |
| Previous Owner | Mccauley Laura M | $82,000 | |
| Previous Owner | Stanley Robin | $26,600 | |
| Previous Owner | Stanley Robin | $106,400 |
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 |
|---|---|---|---|---|
| 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 | -- | $219 / 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 | $2,821 | $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
Seller's Agent in 2025
Jobea Trefny
Carpenter, REALTORS®
(317) 691-1367
180 Total Sales
-
RH
Buyer's Agent in 2025
Rusty Harsin
Hoosier, REALTORS®
-
Mark Nally
MN
Seller's Agent in 2013
Mark Nally
Carpenter, REALTORS®
(317) 440-5085
69 Total Sales
-
SH
Seller Co-Listing Agent in 2013
S. Brooke Huffman
Dropped Members
-
MS
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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