150 E  Madison St, Franklin, IN 46131
Property image
Property image
SOLD
DEC 11, 2025

$605,400

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 4,887 sqft

150 E Madison St, Franklin, IN 46131

Est. Refi. Payment $3,726/mo*
Refinance Your Home
Currently Off Market - Sold Dec 11, 2025 for $600,000 (17% above list price)

Home Value

Trulia Estimate
$605K
Since last month
Increased$3K (+0.4%)
Since last year
Increased$278K (+85%)
Since last sale
Increased$5K (+0.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +167% in the last 10 years
MonthEstimated value
2026
September 2026$605K
August 2026$603K
July 2026$600K
June 2026$602K
May 2026$608K
April 2026$606K
March 2026$604K
February 2026$605K
January 2026$603K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$500,000
07/31/26
4
2.5
4,536
0.21
Single-Family Home
$530,000
02/26/26
6
2
4,309
0.31
Single-Family Home
$500,000
10/31/25
4
3
2,606
0.04
Single-Family Home
$310,000
08/24/26
5
2
3,101
0.09
Single-Family Home
$420,000
06/19/26
5
3.5
3,020
0.43
Single-Family Home
$500,000
11/10/25
3
2.5
3,051
0.06
Single-Family Home
$340,000
01/16/26
3
2
2,097
0.30
Single-Family Home
$245,000
02/13/26
5
2
3,024
0.21
Single-Family Home
$187,000
11/14/25
3
1.5
2,576

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$325,200
2
2.5
2,034
Off Market
0.01
$388,000
3
2
1,828
Off Market
0.01
$395,000
3
2
1,828
For Sale
0.01
$332,500
2
2.5
2,048
Off Market
0.04
$310,000
5
2
3,101
Recently Sold
0.06
$340,000
3
2
2,097
Recently Sold
0.05
$464,600
3
2
2,676
Off Market
0.07
$393,800
4
2.5
2,580
Off Market
0.07
$472,600
4
2.5
3,299
Off Market
0.08
$389,000
4
4
-
For Sale
0.09
$661,900
4
4
3,939
Off Market

Local Information

  • Map ViewExplore the area around 150 E Madison St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1930
4,887 sqft
$123/sqft
Garage

About this House

Nestled in the heart of Franklin, this gorgeous single-family residence is ready for its next chapter. Built in 1930, this property offers a unique opportunity to own a piece of the community's history. Full of timeless details, this property is ready to shine with the personal touches of its next owner. Main level consists of large living room with fireplace, half bath, laundry room, dining room, sitting room/library and kitchen. Main level carpeted areas are ready for the original hardwoods to be exposed and shine. All 3 bedrooms are on the second level along with 2 full bathrooms. The third level consists of a usable attic adding a spacious bonus area. Large, full basement providing ample space for storage. Fenced in backyard with concrete patio, perfect for enjoying the outdoors and taking in the downtown Franklin charm. Slate rock roof, copper gutters/downspouts, crown molding, built-ins, the unique details are off the chart. Location is ideal for walking downtown to enjoy local restaurants, shops, and Franklin festivals. Beautiful mixture of classic charm and modern convenience, making this home a truly exceptional find.
150 E Madison St, Franklin, IN 46131 is a 3 bedroom, 3 bathroom, 4,887 sqft single-family home built in 1930. It last sold for $600,000 on Dec 11, 2025 (17% above the $515,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $605,400, with a rent estimate of $2,081/month.
Last check for updates: 32 minutes ago
Listed by Daniel Frische, (317) 727-2834
Smythe & Co, Inc
Bought with: Daniel Frische, (317) 727-2834, Smythe & Co, Inc
Source: MIBOR as distributed by MLS GRID, MLS#22070146

Home Details for 150 E Madison St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Cellar,Daylight,Storage Space,UnfinishedNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Attic, Dining Room, Kitchen, Living Room, Office, Sitting Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 4887 Square Feet
Appliances & Utilities
Appliances: Dryer, Electric Oven, Refrigerator, WasherDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Levels: Three Or MoreFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Breeze Way, CoveredFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Alley Access,Carport,Detached,Concrete
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 24

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Colonial
Building
Construction Materials: BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 410814043007000009

Price & Status

Price
List Price: $515,000Price Per Sqft: $123/sqft
Status Change & Dates
Off Market Date: Thu Nov 20 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: FranklinCommunity: Hicks & Beard
School Information
Jr High / Middle School: Franklin Community Middle SchoolHigh School: Franklin Community High SchoolHigh School District: Franklin Community School Corp

Building

Building Area
Building Area: 4887 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10454.4 sqft

Listing Info

Special Conditions: As Is, Other

Miscellaneous

BasementMls Number: 22070146Attic: Permanent Stairs

Price and Tax history

DateEventPrice
Dec 11, 2025
Source: MIBOR as distributed by MLS GRID #22070146
Sold
$600,000
Nov 30, 2025
Source: MIBOR as distributed by MLS GRID #22070146
Pending
$515,000
Oct 28, 2025
Source: MIBOR as distributed by MLS GRID #22070146
Listed For Sale
$515,000

Market trends in Franklin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$282K
$3.96K
MoM
Sale-to-List Price
99.1%
0.2%
MoM
Price per sq ft
$168
$6
MoM
Available listings
125
11
MoM

What Locals Say about Franklin

At least 209 Trulia users voted on each feature.
  • 88 % Say yards are well-kept

  • 88 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say parking is easy

  • 80 % Say there are sidewalks

  • 79 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 58 % Say it's quiet

  • 57 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to restaurants

  • 37 % Say there's wildlife

  • 30 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jobrown2026
    "The neighborhood has a lot of families. There are a lot of fun things to do. There are a lot of restaurants and parks."
  • Jon Mershon
    "Lots of familyโ€™s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
  • Lori.speicher
    "Franklin is like a Hallmark town. So much fun during the holidays. Festivals and parades. Great restaurants, breweries and coffee shops. The amphitheater is a great place to listen to music in the summer. "
  • 5z7svvcjmr
    "Itโ€™s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
  • Swirlyrook1.nf
    "some places have dog parks or a lot of homes have fenced in backyards. a lot of landlords also allow most dog breeds. "
  • Rose W.
    "Dogs bark. Kids scream and yell. So which is more annoying? Trouble stirring people with no life. Need to quit complaining about dogs barking. They bark. Kids scream, yell, show their nasty little attitudes. Lets do something about that. "
  • Audrey W.
    "Family friendly neighborhoods. Local shopping and restaurants. Well maintained yards and homes. Safety is never a concern for me in Franklin. Community very inviting."
  • Ryan F.
    "Franklin is a great place to live, but the water quality and history of toxic warehouses are enough to want to look outside of the town"
  • Levi C.
    "Lived here my whole life. Still has that small town vibe with the touch of southern hospitality. Hopefully I can raise my children here as well"
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
  • Brittany.barton14
    "Lived here my whole life 27 years! and its safe, clean, people are friendly! The schools are great and the town is definitely growing the downfall is the housing prices."
  • Kat V.
    "Iโ€™ve lived in this neighborhood for 15 years. Itโ€™s a great place to raise a family. Lots of parks, local shops and restaurants."
  • Kat V.
    "Great place to raise your family. Walk to everywhere with trails to all the parks. Quiet and quaint small town close to Indy."
  • F.rachel.enoch
    "quiet for a subdivision we all come together when someone is need . gather on the culdasc to visit with one another while children play "
  • Kat V.
    "The city has a great walking/running trail that links all the local parks together plus a dog park. Great small city with a private college which is perfect for raising children."
  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. ๐Ÿ˜Š"
  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
  • Roberta O.
    "I have lived here a little over a year, it's very quiet and the neighbors are super friendly. We live in the back so there isn't much traffic and my kids can play outside. "
  • Maheinicke
    "The college, the dive bars - The Jeff St Pub, and The Willard, and the Art Craft Theater are the best reasons. The scenery is actually nice, the drives on 144 and 44 are nice on summer drives with the top off, or during the fall when the leaves are pretty. "
  • Morgan M.
    "Near the college campus has great paved trails for running, walking and biking! Historic buildings and homes make for a charming unique place to live!"
  • Heather C.
    "Thereโ€™s sidewalks everywhere to walk your dog. Dog parks. Parks. Itโ€™s ideal for dog owners. Thereโ€™s nothing bad at all I can think of. "
  • Shalee G.
    "people take care of their lawns. walk their dogs. some neighbors are nosey. but what neighbors are not. i spend a whole year living in franklin without a car. it was hard but doable. everything is real close and conventient if you live by north morton st. "
  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
  • Jessica M.
    "the houses are pretty close together, so if your dogs like to bark at people or other dogs, it could be very annoying"
  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-21 09:43:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 150 E Madison St

  • What is 150 E Madison St estimated to be worth?
    Trulia's estimated value for 150 E Madison St in Franklin, IN is $605,400.
  • What is the price history for 150 E Madison St?
    150 E Madison St in Franklin, IN last sold for $600,000 in December 2025.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Franklin?
    The median sale price in Franklin is $282K. That is down $3.96K from the prior month.
  • Does 150 E Madison St have air conditioning?
    Yes, 150 E Madison St in Franklin, IN has air conditioning.
  • Does 150 E Madison St have laundry facilities?
    Yes, 150 E Madison St in Franklin, IN has in-unit laundry.

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