RENTED NOV 6, 2025

251 E Madison St Unit 1 Franklin, IN 46131

1 Bed
1 Bath
4,428 Sq Ft
3,485 Sq Ft Lot

Highlights

  • A-Frame Home
  • Vinyl Plank Flooring
  • Laundry Facilities
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2025

Ground-floor 1BR/1BA just blocks from downtown Franklin. Covered front porch for morning coffee and evening relaxation. Comfortable layout and unbeatable proximity to restaurants, shops, and community events. Enjoy convenient first-floor living in a prime location!

Last Agent to Rent the Property

Reggie Jackson

Real Broker, LLC License #RB22000730 Listed on: 08/11/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1930

Lot Details

  • 3,485

Home Design

  • A-Frame Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Plank Flooring
  • Electric Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Additional Features

  • No Units Located Below
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,100
  • Property Available on 8/11/25
  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • 12-Month Minimum Lease Term
  • $60 Application Fee
  • Tax Lot 8
  • Assessor Parcel Number 410814043064000009

Community Details

Overview

  • No Home Owners Association
  • Hicks & Beard Subdivision
  • Property managed by Jackson Property Group LLC

Amenities

  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $350

Condo Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Available Date: 2025-08-11
  • Lease Amount: 900
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Pet Deposit: 350
  • Security Deposit: 1100
  • Smoking: No
  • Application Fee: 60
  • Pet Deposit Refundable Y N: No
  • Pet Rental Amount: 100
  • Security Deposit Refundable Y N: Yes
  • Application Website: https://reggie2.managebuilding.com/Resident/rental-application/new
  • Leased Type: Leased
  • Lease Termin Months: 12

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: A-Frame
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1930
  • Building Area Total: 5864
  • Entry Level: 1
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Hicks & Beard
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • F H A Certified: Yes
  • Special Features: None

Interior Features

  • Common Walls: No One Below
  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wired for Data
  • Living Area: 4428
  • Owner Pays: Insurance, Taxes
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2214
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 2214

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Direction Faces: North
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered

Garage/Parking

  • Fuel: No Fuel Source

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Common Laundry
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical
  • Property Management Company: Jackson Property Group LLC
  • Property Management Company Contact: Macie Harz
  • Property Management Company Email: macie@jpgrealtyyservices.com
  • Property Management Company Phone: 317-400-4946

Schools

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

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 3476
  • Parcel Number: 410814043064000009
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 5562
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 2781

MLS Schools

  • Elementary School: Webb Elementary School
  • High School: Franklin Community High School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Rented $900 0.0% --
11/01/2025 11/01/25 Under Contract -- -- --
08/11/2025 08/11/25 For Rent $900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2025

    Reggie Jackson

    Real Broker, LLC

    (317) 656-1581

    5 in this area

    17 Total Sales

    Reggie Jackson
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22056089

MIBOR Broker Listing Cooperative®
Indiana Johnson County Franklin 46131

251 E Madison St Unit 1, Franklin, IN

Not Listed for Sale

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