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

150 E Madison St
Franklin, IN 46131

  • 3 Beds
  • 2.5 Baths
  • 4,887 sqft

$600,000

Last Sold: Dec 11, 2025
17% over list $515K
$123/sqft

$600,000

Last Sold: Dec 11, 2025
17% over list $515K
$123/sqft
3 Beds
2.5 Baths
4,887 sqft

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

Property Type
Single-Family Home
Year Built
1930
Living Area
4,887 sqft
Price/Sqft
$123/sqft
Parking
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). It is currently off market. The Trulia Estimate is $601,200, with a rent estimate of $2,029/month.

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
Last check for updates: about 4 hours 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

Price History for 150 E Madison St

DatePriceEventSource
12/11/2025$600,000Sold
MIBOR as distributed by MLS GRID #22070146
11/30/2025$515,000PendingMIBOR as distributed by MLS GRID #22070146
10/28/2025$515,000Listed For SaleMIBOR as distributed by MLS GRID #22070146

Market trends in Franklin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$283K
$12.5KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$162
$7MoM
Available listings
117
2MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$301,100
Home facts updated by county records

Comparable Sales for 150 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
350 E King St, Franklin, IN
0.15
Single-Family Home
$500,000
07/31/26
4
2.5
4,536
450 E Madison St, Franklin, IN
0.21
Single-Family Home
$530,000
02/26/26
6
2
4,309
250 W King St, Franklin, IN
0.31
Single-Family Home
$500,000
10/31/25
4
3
2,606
3772 Hanford Rd, Franklin, IN
0.09
Single-Family Home
$420,000
06/19/26
5
3.5
3,020
847 E Jefferson St, Franklin, IN
0.43
Single-Family Home
$500,000
11/10/25
3
2.5
3,051
350 W King St, Franklin, IN
0.38
Single-Family Home
$360,000
09/02/25
3
2.5
2,756
150 E King St, Franklin, IN
0.06
Single-Family Home
$340,000
01/16/26
3
2
2,097
348 Ohio St, Franklin, IN
0.30
Single-Family Home
$245,000
02/13/26
5
2
3,024
356 N Main St, Franklin, IN
0.21
Single-Family Home
$187,000
11/14/25
3
1.5
2,576

Nearby homes

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Assigned Schools

These are the assigned schools for 150 E Madison St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."
    0
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  • Jon Mershon
    "Lots of family’s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
    0
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  • 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. "
    0
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  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
    0
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  • 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. "
    1
    Flag
  • 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. "
    1
    Flag
  • 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."
    3
    Flag
  • 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"
    6
    Flag
  • 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"
    2
    Flag
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
    2
    Flag
  • 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."
    0
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  • Kat V.
    "I’ve lived in this neighborhood for 15 years. It’s a great place to raise a family. Lots of parks, local shops and restaurants."
    0
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  • 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."
    0
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  • 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 "
    0
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  • 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."
    0
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  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. 😊"
    0
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  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
    0
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  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
    0
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  • 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. "
    0
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  • 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. "
    0
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  • 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!"
    0
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  • Heather C.
    "There’s sidewalks everywhere to walk your dog. Dog parks. Parks. It’s ideal for dog owners. There’s nothing bad at all I can think of. "
    0
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  • 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. "
    0
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  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
    0
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  • 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"
    0
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  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "
    0
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Homes for sale near 150 E Madison St

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Off Market Homes Near 150 E Madison St

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Based on information submitted to the MLS GRID as of 2026-08-06 16:07:56 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