196 E Madison Street #B, Franklin, IN 46131

Franklin
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
196 E Madison Street #B,Franklin, IN 46131
$398,500
  • 3 Beds
  • 2 Baths
  • 1,828 sq. ft.
  • Condominium
  • Active
Listed by: rusty harsin
Office: hoosier, realtors
MLS#:22113413
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$398,500
  • Price per sq. ft.:$218

About this home

LIMITED TIME ONLY..SELLER WILL PAY FOR 2 YEARS OF THE MONTHLY CONDO FEES AT CLOSING WITH ACCEPTED OFFER!!! 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,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1915
  • Subdivision & Development:Carnegie Commons
  • Listing ID #:22113413
  • Added:57 day(s) ago
  • Updated:September 06, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Dining-L
  • Kitchen Description:Dishwasher, Microwave Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Finished Ceiling
  • Living area:1,828 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1915
  • Building area:1,828 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Brick
  • Foundation Description:Block

Schools

  • High school:Franklin Community High School
  • Middle school:Franklin Community Middle School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$398,500
  • Price per sq. ft.:$218

Features and amenities

  • Appliances:Refrigerator, Smoke Alarm, Washer, Water Softener Owned
  • Laundry features:Dryer, Washer
  • Amenities:Attic Access, Radon System, Wood Work Stained
  • Smart home:Yes

Parking

  • Parking description:Guest Street Parking
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 196 E Madison Street #B