196 E Madison Street, Franklin, IN 46131
- $425,000
Description
Own a remarkable piece of Franklin history in this truly one-of-a-kind residence, originally constructed in 1915 as the city’s iconic Carnegie Library and thoughtfully transformed into an exclusive five-unit condominium community in 1990. Rich in architectural character, this extraordinary home beautifully preserves its historic charm with stunning mahogany barrel-vaulted ceilings, elegant marble floors, custom lighted cabinetry, and timeless craftsmanship rarely found today, while seamlessly blending today’s most desirable updates and conveniences. Offering three spacious bedrooms, including a main-level bedroom, this home features beautifully renovated bathrooms, an updated kitchen with granite countertops and stainless steel appliances, custom closet systems, newer vinyl windows with custom remote-controlled blinds, smart home technology including Alexa-controlled lighting, Wi-Fi-enabled front door lock and thermostat on the main level, a brand-new HVAC system, and a water heater less than three years old. Enjoy the convenience of a private entrance, abundant storage throughout, a new stackable washer and dryer, included water softener, and an expansive hand-laid paver patio perfect for relaxing or entertaining. Owners self-manage the HOA, keeping monthly dues at just $144, which include exterior maintenance, water, sewer, and trash service. Complete with a dedicated rear parking space plus additional on-street parking, this exceptional home places you just steps from Franklin’s vibrant downtown shops, restaurants, parks, and year-round community events, offering an unmatched opportunity to own a beautifully preserved landmark with every modern comfort.
Address
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Address: 196 E Madison Street
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City: Franklin
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State/county: IN
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Zip/Postal Code: 46131
Details
Updated on July 13, 2026 at 3:13 pm-
Property ID 22113413
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Price $425,000
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Property Size 1828 Sqft
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Land Area 0.02 Acres
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Bedrooms 3
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Rooms 6
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Bathrooms 2
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Garage Size x x
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Year Built 1915
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Property Type Condominium, Residential
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Property Status Active
Additional details
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Association Fee 144
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Utilities Cable Available
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Cooling Central Air
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Heating Forced Air,Electric
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County Johnson
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Property Type Residential
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Parking Assigned
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Middle School Franklin Community Middle School
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High School Franklin Community High School
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Architectural Style Other
Features
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