$219,900
SOLD APR 22, 2025

475 E Madison St Franklin, IN 46131

2 Beds
1 Bath
1,456 Sq Ft
3,916 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

1 Day on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Covered patio or porch

About This Home

As of April 2025

SIMPLY ADORABLE historic charmer in downtown Franklin. 2BR 1BA. Many original features including hardwood flooring, upgraded tall windows and updated kitchen and bath! New paint throughout. Spacious living and dining rooms. Woodburning fireplace has not been used by current owner. Private backyard and deck. Parking behind off alley for 3 vehicles. HVAC in dry cellar.

Last Agent to Sell the Property

Jobea Trefny

Carpenter, REALTORS® Brokerage Email: jtrefny@callcarpenter.com License #RB14041101 Listed on: 03/20/2025

Carpenter, REALTORS®

Last Buyer's Agent

Evan Cast

Mark Dietel Realty, LLC License #RB21001625

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,314

Year Built

  • Built in 1876

Lot Details

  • 3,916 Sq Ft Lot
  • Mature Trees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Paddle Fans
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Hamiltons Subdivision

Listing and Financial Details

  • Tax Lot 41-42
  • Assessor Parcel Number 410814044034002009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,314

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1876
  • Building Area Total: 1600
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Hamiltons
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jtrefny@callcarpenter.com
  • Attribution Contact: jtrefny@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Partial, Unfinished
  • Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Center Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Windows Vinyl, Wood Work Painted
  • Living Area: 1456
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 878
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 578
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage Shed
  • Fencing: Privacy
  • Foundation Details: Block, Crawl Space
  • List Price: 219900
  • Patio And Porch Features: Covered Porch, Deck Main Level

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Closet
  • Water Source: Municipal/City
  • Solid Waste: No

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: Not In Subdivision, Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3916
  • Parcel Number: 410814044034002009
  • Acres: <1/4 Acre
  • Price Acre: 1570714

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4314
  • Tax Lot: 41-42
  • Semi Annual Property Tax Amt: 2157
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Apr 22, 2025
Sold by
Menefee Greg J and Menefee Julie G
Bought by
Ray Zachary R and Bryant Jenna J
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Evan Cast
Mark Dietel Realty, LLC
List Price
$219,900
Sold Price
$219,900
Total Days on Market
1
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.16%
Original Mortgage
$213,400
Outstanding Balance
$213,212
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$5,291

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 17, 2021
Sold by
Black Natalie Jill and Black Kevin Anthony
Bought by
Menefee Greg J and Menefee Julie G
Seller's Agent
Kristine Strack
Dropped Members
Buyer's Agent
Jobea Trefny
Carpenter, REALTORS®
List Price
$159,000
Sold Price
$170,000
Premium/Discount to List
$11,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
Jan 13, 2014
Closed on
Aug 22, 2014
Sold by
Duckworth Emily L
Bought by
Snyder Natalie Jill and Black Kevin Anthony
Seller's Agent
Linda Stockton
Linda Stockton Realty & Apprai
Buyer's Agent
Joe Williams
List Price
$100,000
Sold Price
$96,000
Premium/Discount to List
-$4,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$85,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Gilreath Jennifer W
Bought by
Duckworth Emily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,144
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2005
Sold by
Arnold Brad and Fogarty Susan S
Bought by
Martin Jones Christa and Jones Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,160
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- Security Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Chicago Title Insurance Comp
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,400 New Conventional
Previous Owner $85,500 New Conventional
Previous Owner $95,144 FHA
Previous Owner $65,160 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $219,900 0.0% $151 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $219,900 +29.4% $151 / Sq Ft
09/17/2021 09/17/21 Sold $170,000 +6.9% $117 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $159,000 +65.6% $109 / Sq Ft
08/22/2014 08/22/14 Sold $96,000 -3.0% $60 / Sq Ft
05/06/2014 05/06/14 Price Changed $99,000 -5.7% $62 / Sq Ft
01/21/2014 01/21/14 Price Changed $105,000 +5.0% $66 / Sq Ft
01/13/2014 01/13/14 For Sale $100,000 -- $63 / 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
2024 $4,235 $191,300 $16,100 $175,200
2023 $4,305 $193,300 $16,100 $177,200
2022 $2,119 $189,400 $16,100 $173,300
2021 $1,413 $129,800 $16,100 $113,700
2020 $1,372 $126,200 $16,100 $110,100
2019 $1,236 $114,400 $12,800 $101,600
2018 $1,061 $109,200 $12,800 $96,400
2017 $1,010 $99,000 $12,800 $86,200
2016 $950 $104,900 $12,800 $92,100
2014 $822 $88,300 $8,200 $80,100
2013 $822 $88,200 $8,300 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22026974

MIBOR Broker Listing Cooperative®

APN: 41-08-14-044-034.002-009