196 E Madison ST #B, Franklin, IN 46131
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196 E Madison ST #B, Franklin, IN 46131
196 E Madison ST #B, Franklin, IN 46131
196 E Madison ST #B, Franklin, IN 46131
196 E Madison ST #B, Franklin, IN 46131
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Logan Sanford

Logan Sanford

+1(765) 580-1833
Listed by Rusty Harsin • Hoosier, REALTORS®
$ 425,000
Est. payment /mo
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196 E Madison ST #B Franklin, IN 46131

3 Beds

2 Baths

1,828 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,828 sqft

Price per Sqft $232

Subdivision Carnegie Commons

MLS Listing ID 22113413

Bedrooms 3

Full Baths 2

HOA Fees $144/mo

HOA Y/N Yes

Year Built 1915

Tax Year 2025

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Condominium

Property 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.

Location

State IN

County Johnson

Rooms

Basement Daylight, Finished Ceiling

Main Level Bedrooms 1

Kitchen Kitchen Updated

Interior

Interior Features Attic Access, Built-in Features, High Ceilings, Walk-In Closet(s), Wood Work Stained, Entrance Foyer, Hi-Speed Internet Availbl

Heating Forced Air, Electric

Cooling Central Air

Equipment Radon System, Smoke Alarm

Fireplace Y

Appliance Dishwasher, Dryer, Electric Water Heater, MicroHood, Refrigerator, Washer, Water Softener Owned

Exterior

Exterior Feature Not Applicable

Utilities Available Cable Available

Water Access Desc Public

Building

Story Two

Foundation Block

Water Public

Architectural Style Other

Structure Type Brick

New Construction false

Schools

Middle Schools Franklin Community Middle School

High Schools Franklin Community High School

School District Franklin Community School Corp

Others

HOA Fee Include Sewer,Maintenance Grounds,Maintenance Structure,Snow Removal,Trash

Ownership Mandatory Fee

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Logan Sanford

Logan Sanford

Agent | License ID: RB21000467

+1(765) 580-1833

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196 E Madison ST #B