440 E Madison St, Franklin, IN 46131
Property image
Property image
SOLD
SEP 14, 2026

$340,400

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,112 sqft

440 E Madison St, Franklin, IN 46131

Est. Refi. Payment $2,082/mo*
Refinance Your Home
Currently Off Market - Sold Sep 14, 2026 for $327,900 (4% below list price)

Home Value

Trulia Estimate
$340K
Since last month
Increased$14K (+4.2%)
Since last year
Increased$46K (+15.8%)
Since last sale
Increased$12K (+3.7%)
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 +158% in the last 10 years
MonthEstimated value
2026
September 2026$340K
August 2026$340K
July 2026$326K
June 2026$325K
May 2026$323K
April 2026$314K
March 2026$305K
February 2026$300K
January 2026$298K
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
598 Kentucky St, Franklin, IN
0.22
Single-Family Home
$334,500
06/12/26
4
2
2,260
159 E King St, Franklin, IN
0.19
Single-Family Home
$310,000
08/24/26
5
2
3,101
599 E Adams St, Franklin, IN
0.15
Single-Family Home
$294,900
06/12/26
3
2
1,803
484 E Jefferson St, Franklin, IN
0.06
Single-Family Home
$325,000
02/11/26
3
2
2,369
150 E King St, Franklin, IN
0.21
Single-Family Home
$340,000
01/16/26
3
2
2,097
450 E Madison St, Franklin, IN
0.02
Single-Family Home
$530,000
02/26/26
6
2
4,309
348 Ohio St, Franklin, IN
0.28
Single-Family Home
$245,000
02/13/26
5
2
3,024
350 E King St, Franklin, IN
0.08
Single-Family Home
$500,000
07/31/26
4
2.5
4,536
356 N Main St, Franklin, IN
0.36
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
149 Yandes St, Franklin, IN 46131
0.02
$176,100
1
1
-
Off Market
151 Yandes St, Franklin, IN 46131
0.03
$171,600
2
2
1,782
Off Market
448 E Madison St, Franklin, IN 46131
0.01
$317,200
4
1.5
3,264
Off Market
401 E Madison St, Franklin, IN 46131
0.03
$201,900
Studio
1.5
6,804
Off Market
449 E King St, Franklin, IN 46131
0.04
$538,600
4
2
4,544
Off Market
450 E Madison St, Franklin, IN 46131
0.02
$530,000
6
2
4,309
Recently Sold
345 E King St, Franklin, IN 46131
0.08
$458,900
6
3.5
4,770
Off Market
350 E King St, Franklin, IN 46131
0.08
$500,000
4
2.5
4,536
Recently Sold
150 Hurricane St, Franklin, IN 46131
0.04
$233,500
5
2.5
2,695
Off Market
475 E Madison St, Franklin, IN 46131
0.04
$224,800
2
1
1,600
Off Market
Yandes St, Franklin, IN 46131
0.07
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 440 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 1876
2,112 sqft
$155/sqft
Garage

About this House

Welcome home to this charming downtown Franklin gem, where you can enjoy the convenience of walking to local shops, restaurants, parks, and community events. This spacious 5-bedroom home offers the flexibility of a main-level primary suite or a private home office to fit your lifestyle. The beautifully updated kitchen features abundant cabinetry and workspace, making it perfect for everyday living and entertaining. Gather with family and friends in the large dining room with built-in cabinetry, or unwind in the cozy sunroom filled with natural light. Outside, you'll find a private, fenced backyard complete with a deck for relaxing or hosting summer cookouts, along with a detached 2-car garage that provides additional storage and parking. Offering timeless charm, modern updates, and an unbeatable downtown location, this home is the perfect blend of character and convenience.
440 E Madison St, Franklin, IN 46131 is a 5 bedroom, 2 bathroom, 2,112 sqft single-family home built in 1876. It last sold for $327,900 on Sep 14, 2026 (4% below the $339,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $340,400, with a rent estimate of $1,965/month.
Last check for updates: about 1 hour ago
Listed by Michele Killinger
Carpenter, REALTORS®
Bought with: Joseph Bontrager, 1 Percent Lists Indiana Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22118612

Home Details for 440 E Madison St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Cellar,DaylightNumber of Rooms: 10Types of Rooms: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Sun Room, Utility Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2112 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Convection Oven, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener RentedDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: 200+ Amp Service
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Patio, PorchFoundation: Brick/Mortar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Garage Door Opener)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage Door Opener,On Street
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1876
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 410814044045000009

Price & Status

Price
List Price: $339,900Price Per Sqft: $155/sqft
Status Change & Dates
Off Market Date: Sun Aug 09 2026Possession Timing: Negotiable

Media

Location

Direction & Address
City: FranklinCommunity: Hamilton Addition
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: 2112 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: Sales Disclosure Supplements

Miscellaneous

BasementMls Number: 22118612Attic: Access Only, Pull Down Stairs

Price and Tax history

DateEventPrice
Sep 14, 2026
Source: MIBOR as distributed by MLS GRID #22118612
Sold
$327,900
Aug 9, 2026
Source: MIBOR as distributed by MLS GRID #22118612
Pending
$339,900
Aug 7, 2026
Source: MIBOR as distributed by MLS GRID #22118612
Listed For Sale
$339,900
Aug 19, 2024
Source: MIBOR as distributed by MLS GRID #21989546
Sold
$290,000
Jul 10, 2024
Source: MIBOR as distributed by MLS GRID #21989546
Pending
$299,000

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

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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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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LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 13:48:14 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 440 E Madison St

  • What is 440 E Madison St estimated to be worth?
    Trulia's estimated value for 440 E Madison St in Franklin, IN is $340,400.
  • What is the price history for 440 E Madison St?
    440 E Madison St in Franklin, IN last sold for $327,900 in September 2026.
  • 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 440 E Madison St have air conditioning?
    Yes, 440 E Madison St in Franklin, IN has air conditioning.
  • Does 440 E Madison St have laundry facilities?
    Yes, 440 E Madison St in Franklin, IN has in-unit laundry.

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Off Market Homes Near 440 E Madison St

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