$310,000
SOLD APR 8, 2025

448 E Madison St Franklin, IN 46131

4 Beds
1.5 Baths
2,176 Sq Ft
4,543 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2025

Charming 4-Bedroom Home in Downtown Franklin - A Great Location with Loads of Potential. 4 spacious bedrooms and 1.5 bathrooms. Large covered front porch, perfect for enjoying a morning cup of coffee. As you enter, you'll admire the old woodwork, built-ins, hardwood floors, and a cozy fireplace. Amazing Built-in butler's pantry, as well. Over 3200 sq feet, including the basement. The indoor living spaces are filled with natural light. The kitchen is ready for your personal touch, offering a great opportunity for improvement. The upstairs bathroom is in the process of being remodeled and awaits your finishing touches. Added Bonus - A detached 2 plus car garage with workshop/she-shed with a half BATHROOM. Backyard is fenced-in. This property has a newer: roof, water heater, and refrigerator, but the house does need some TLC to reach its full potential. It's ideal for someone looking to invest in a historic home in the downtown Franklin community.

Last Agent to Sell the Property

Lucy Endris

Keller Williams Indy Metro S Brokerage Email: lucyendrisrealty@gmail.com License #RB14047821 Listed on: 03/06/2025

Keller Williams Indy Metro S

Last Buyer's Agent

Lisa Bohr

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1910

Lot Details

  • 4,543 Sq Ft Lot
  • Mature Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Formal Dining Room
  • Den with Fireplace
  • Unfinished Basement
  • Laundry in Basement
  • Electric Oven

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Hamilton Addition Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 410814044046000009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,182

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Building Area Total: 3264
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: Hamilton Addition
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lucyendrisrealty@gmail.com
  • Attribution Contact: lucyendrisrealty@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Water Heater, Electric Oven, Range Hood, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den/Library Fireplace
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Pantry
  • Living Area: 2176
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1088
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1088
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Exterior Features: Out Building With Utilities
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • Patio And Porch Features: Covered Porch, Deck Main Level

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Natural Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

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

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4543
  • Parcel Number: 410814044046000009
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2182
  • Tax Lot: 35
  • Semi Annual Property Tax Amt: 1091
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 8, 2025
Sold by
Skirvin Steven R and Skirvin Amy M
Bought by
Hill Justin and Mahl Andria
Seller's Agent
Lucy Endris
Keller Williams Indy Metro S
Buyer's Agent
Lisa Bohr
Berkshire Hathaway Home
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%
Views
62
Current Estimated Value
$312,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,891
Avg. Annual Appreciation
1.21%
Original Mortgage
$248,000
Outstanding Balance
$246,922
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$65,969

Purchase Details

Listed on
Jul 13, 2017
Closed on
Oct 13, 2017
Sold by
Goins Ryan L and Goins Ashley M
Bought by
Skirvin Steven R and Skirvin Amy M
Seller's Agent
Barbara Blake
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$194,900
Sold Price
$182,000
Premium/Discount to List
-$12,900
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$167,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 13, 2016
Sold by
Priola Anthony S
Bought by
Goins Ryan L and Goins Ashley M
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Barbara Blake
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.36%
Original Mortgage
$137,750
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Wood Gregory L and Wood Kristine L
Bought by
Priola Anthony S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,777
Interest Rate
6.68%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Denali Title
Warranty Deed -- --
Warranty Deed -- Attorney
Warranty Deed -- Ctic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Previous Owner $167,000 New Conventional
Previous Owner $137,750 New Conventional
Previous Owner $133,777 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2025 04/08/25 Sold $310,000 -2.8% $142 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $319,000 0.0% $147 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $319,000 +75.3% $147 / Sq Ft
10/13/2017 10/13/17 Sold $182,000 -6.6% $56 / Sq Ft View Prior Sale
09/06/2017 09/06/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $194,900 0.0% $60 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $194,900 +34.4% $60 / Sq Ft
05/13/2016 05/13/16 Sold $145,000 0.0% $44 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Off Market $145,000 -- --
03/09/2016 03/09/16 Price Changed $159,900 -5.9% $49 / Sq Ft
02/05/2016 02/05/16 Price Changed $169,900 -2.9% $52 / Sq Ft
01/13/2016 01/13/16 For Sale $174,900 -- $54 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $2,168 $216,300 $17,900 $198,400
2024 $2,171 $197,000 $18,300 $178,700
2023 $2,171 $197,000 $18,300 $178,700
2022 $2,134 $191,500 $18,300 $173,200
2021 $1,895 $171,300 $18,300 $153,000
2020 $1,837 $166,300 $18,300 $148,000
2019 $1,721 $156,200 $14,500 $141,700
2018 $1,433 $149,400 $14,500 $134,900
2017 $1,362 $135,200 $14,500 $120,700
2016 $1,145 $123,500 $14,500 $109,000
2014 $1,107 $110,700 $7,500 $103,200
2013 $1,107 $110,700 $7,500 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22023548

MIBOR Broker Listing Cooperative®

APN: 41-08-14-044-046.000-009