227 E Jefferson St, Franklin, IN 46131
Property image
Property image
FOR SALE

$444,900

Original price: $449,900
  • 2 Beds
  • 1.5 Baths
  • 2,889 sqft

227 E Jefferson St, Franklin, IN 46131

Est. Mortgage $2,758/mo*
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Home Highlights

Single-Family Home
Built in 1800
$154/sqft

Local Information

  • Map ViewExplore the area around 227 E Jefferson St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

The timeless appeal and nostalgic charm of this classic mid-1800s American home are evident at every turn. From the richly detailed exterior trim and inviting covered front porch to the traditional vestibule, the home beautifully showcases its historic character. Soaring ceilings, finely crafted woodwork, elegant transom doorways, and leaded stained-glass windows evoke the warmth and craftsmanship of a forgone era while creating an atmosphere filled with endless character. Thoughtfully maintained and extensively updated, this residence seamlessly blends historic beauty with modern convenience. Over the last 10 years, major improvements include a new roof, updated electrical system, restored kitchen cabinetry with granite countertops, replacement of most plumbing, a new main sewer and water line, updated upper-level windows, and the addition of a new deck. Three years ago, the home received a complete HVAC system and new water heater. More recent enhancements include a newly constructed front porch, re-building of the main-level windows, a rebuilt front door, fresh exterior paint, updated landscaping, and re-graveled rear parking. Perfectly located within walking distance of all the shops, dining, and entertainment downtown Franklin has to offer, this exceptional property provides a rare opportunity to own a piece of history without sacrificing comfort or convenience. Don't miss your chance to make this remarkable home your own.
Last check for updates: about 10 hours ago
Listing Provided by: Steve Lew
Steve Lew Real Estate Group, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22079341
Also Listed on MIBOR as distributed by MLS GRID.

Home Details for 227 E Jefferson St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: CellarNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Attic, Dining Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2889 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop, Dishwasher, Disposal, Refrigerator, Gas Water HeaterDishwasherDisposalLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Breeze Way, DeckFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,None
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 124 Square Feet

Days on Market

Cumulative Days on Market: 235Days on Market: 180+

Property Information

Year Built
Year Built: 1800
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Victorian
Building
Construction Materials: Wood SidingNot a New ConstructionNot Attached Property
Property Information
Condition: Updated/RemodeledParcel Number: 410814043089000009

Price & Status

Price
List Price: $444,900Price Per Sqft: $154
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: FranklinCommunity: George Kings Franklin Twp
School Information
Jr High / Middle School: Franklin Community Middle SchoolHigh School: Franklin Community High SchoolHigh School District: Franklin Community School Corp

Agent Information

Listing Agent
Listing ID: 22079341

Building

Building Area
Building Area: 2889 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Miscellaneous

BasementMls Number: 22079341Attribution Contact: steve@listwithlew.com

Around this home

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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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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Market trends in Franklin

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

Home Value

Trulia Estimate
$434K
Since last month
Increased$8K (+1.9%)
Since last year
Increased$116K (+36.5%)
Since last sale
Increased$259K (+148.1%)
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 +135% in the last 10 years
MonthEstimated value
2026
September 2026$434K
August 2026$426K
July 2026$428K
June 2026$432K
May 2026$446K
April 2026$447K
March 2026$450K
February 2026$453K
January 2026$459K
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
356 N Main St, Franklin, IN
0.31
Single-Family Home
$187,000
11/14/25
3
1.5
2,576
159 E King St, Franklin, IN
0.14
Single-Family Home
$310,000
08/24/26
5
2
3,101
440 E Madison St, Franklin, IN
0.17
Single-Family Home
$327,900
09/14/26
5
2
2,112
150 E King St, Franklin, IN
0.16
Single-Family Home
$340,000
01/16/26
3
2
2,097
70 Herriott St, Franklin, IN
0.44
Single-Family Home
$125,000
04/21/26
2
1
1,620
484 E Jefferson St, Franklin, IN
0.17
Single-Family Home
$325,000
02/11/26
3
2
2,369
599 E Adams St, Franklin, IN
0.31
Single-Family Home
$294,900
06/12/26
3
2
1,803
158 Banta St, Franklin, IN
0.41
Single-Family Home
$230,000
06/24/26
2
2
1,676
101 Robinson St, Franklin, IN
0.56
Single-Family Home
$232,000
05/05/26
2
1
2,296
199 Walnut St, Franklin, IN
0.39
Single-Family Home
$344,000
05/07/26
3
2
2,520

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
275 E Madison St, Franklin, IN 46131
0.07
$389,000
4
4
-
For Sale
198 E Madison St, Franklin, IN 46131
0.10
$332,500
2
2.5
2,048
Off Market
196 E Madison St, Franklin, IN 46131
0.10
$388,000
3
2
1,828
Off Market
196 E Madison St #B, Franklin, IN 46131
0.10
$395,000
3
2
1,828
For Sale
150 E Madison St, Franklin, IN 46131
0.11
$600,000
3
2.5
4,887
Recently Sold
104 N Home Ave, Franklin, IN 46131
0.11
$325,200
2
2.5
2,034
Off Market
300 E Monroe St, Franklin, IN 46131
0.07
$448,600
3
2.5
3,509
Off Market
51 N Water St, Franklin, IN 46131
0.09
$464,600
3
2
2,676
Off Market
348 E Monroe St, Franklin, IN 46131
0.08
$277,500
3
1
2,176
Off Market
Yandes St, Franklin, IN 46131
0.11
-
-
-
-
Off Market
159 E King St, Franklin, IN 46131
0.14
$310,000
5
2
3,101
Recently Sold

Price and Tax history

DateEventPrice
Jul 29, 2026
Source: MIBOR as distributed by MLS GRID #22079341
PriceChange
$444,900
Price decreased by 1%
Jun 4, 2026
Source: MIBOR as distributed by MLS GRID #22079341
PriceChange
$449,900
Price decreased by 3%
Apr 18, 2026
Source: MIBOR as distributed by MLS GRID #22079341
PriceChange
$464,900
Price decreased by 1%
Feb 26, 2026
Source: MIBOR as distributed by MLS GRID #22079341
PriceChange
$469,900
Price decreased by 1%
Jan 9, 2026
Source: MIBOR as distributed by MLS GRID #22079341
Listed For Sale
$475,000

LGBTQ Local Legal Protections

Steve Lew, Steve Lew Real Estate Group, LLC
Based on information submitted to the MLS GRID as of 2026-09-20 23:07:58 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

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Frequently asked questions about 227 E Jefferson St

  • What is the estimated monthly payment for 227 E Jefferson St?
    Based on a $444,900 list price with 20% down at today's rates, the estimated monthly payment for 227 E Jefferson St in Franklin, IN is approximately $2,802 (about $2,434 principal & interest, $293 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 227 E Jefferson St compare to homes in Franklin?
    227 E Jefferson St in Franklin, IN is listed at $444,900, about 58% above the $282K median sale price in Franklin.
  • What do residents say about Franklin?
    Residents describe Franklin, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in Franklin, IN.
  • What are the closest schools to 227 E Jefferson St?
    The closest schools to 227 E Jefferson St in Franklin, IN are Custer Baker Intermediate School (Elementary, rated 7/10), Franklin Community High School (rated 5/10), Franklin Community Middle School (rated 6/10).
  • Does 227 E Jefferson St have air conditioning?
    Yes, 227 E Jefferson St in Franklin, IN has air conditioning.
  • Does 227 E Jefferson St have laundry facilities?
    Yes, 227 E Jefferson St in Franklin, IN has laundry facilities.
227 E Jefferson St, Franklin, IN 46131 is a 2 bedroom, 2 bathroom, 2,889 sqft single-family home built in 1800. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jan 9, 2026. The MLS # for this home is MLS# 22079341.