440 E Madison St, Franklin, IN 46131
OFF MARKET

440 E Madison St
Franklin, IN 46131

  • 5 Beds
  • 2 Baths
  • 2,240 sqft

$321,600

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $1,893/mo*
Refinance Your Home

$321,600

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $1,893/mo*
Refinance Your Home
5 Beds
2 Baths
2,240 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Downtown Franklin! 5 Bedroom, 2 bath historic home with detached 2 car garage. Hardwood floors. The best part of the house - the Large Kitchen with marble floors, updated cabinets and lighting, plenty of counter space. 4 Bedrooms upstairs and 1 bedroom downstairs. Dining room with built-ins. Nice private backyard with Deck and Privacy fence. Great location, walking distance to downtown shops, restaurants, pubs and trails. Home is sold AS-IS. Seller can not give possession until after August 11, 2024.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 20, 2024

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 440 E Madison St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Dining Room, Great Room, Kitchen, Sun 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: 2240 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, RefrigeratorDishwasherDisposalLaundry: Upper LevelRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Great Room, Non FunctionalHas a Fireplace
Windows, Doors, Floors & Walls
Window: Storms Some, Wood Frames, Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Deck, Glass EnclosedFencing: Fenced, Fence Full Rear, PrivacyFoundation: Brick/Mortar, Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1876
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Aluminum SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410814044045000009

Price & Status

Price
List Price: $299,000
Status Change & Dates
Off Market Date: Wed Jul 10 2024Possession Timing: Negotiable

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: 2240 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: As Is, Sales Disclosure Supplements

Miscellaneous

BasementMls Number: 21989546Attic: Access Only
Last check for updates: about 6 hours ago
Listed by Lucy Endris, (317) 459-5364
Carpenter, REALTORS®
Bought with: Michele Killinger, Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID, MLS#21989546

Price History for 440 E Madison St

DatePriceEventSource
08/19/2024$290,000Sold
MIBOR as distributed by MLS GRID #21989546
07/10/2024$299,000PendingMIBOR as distributed by MLS GRID #21989546
07/09/2024$299,000Listed For SaleMIBOR as distributed by MLS GRID #21989546
05/31/2019$180,000Sold
N/A
01/20/2017$152,500Sold
MIBOR as distributed by MLS GRID #21450927
01/10/2017$154,900PendingAgent Provided
11/01/2016$154,900PriceChange
Agent Provided
02/07/2014$145,000Listed For SaleAgent Provided
03/31/2006$55,600Sold
MIBOR as distributed by MLS GRID #2559161
03/04/2005$105,764Sold
N/A

Market trends in Franklin

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$286K
$3.02KMoM
Sale-to-List Price
98.8%
0.0%MoM
Price per sq ft
$147
$14MoM
Available listings
101
11MoM
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Property Tax and Assessment

Year2025
Tax$2,229
Assessment$220,000
Home facts updated by county records

Comparable Sales for 440 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
484 E Jefferson St, Franklin, IN
0.06
Single-Family Home
$325,000
02/11/26
3
2
2,369
450 E Madison St, Franklin, IN
0.02
Single-Family Home
$530,000
02/26/26
6
2
4,309
150 E King St, Franklin, IN
0.21
Single-Family Home
$340,000
01/16/26
3
2
2,097
348 Ohio St, Franklin, IN
0.28
Single-Family Home
$245,000
02/13/26
5
2
3,024
356 N Main St, Franklin, IN
0.36
Single-Family Home
$187,000
11/14/25
3
1.5
2,576
250 N Home Ave, Franklin, IN
0.21
Single-Family Home
$399,000
07/15/25
4
1.5
4,219
650 Overstreet St, Franklin, IN
0.41
Single-Family Home
$258,000
06/27/25
3
2
1,791
998 E Jefferson St, Franklin, IN
0.32
Single-Family Home
$286,000
05/22/26
3
1.5
2,955
151 Yandes St, Franklin, IN
0.03
Single-Family Home
$170,000
09/19/25
2
2
1,782
998 E King St, Franklin, IN
0.32
Single-Family Home
$320,000
01/14/26
4
1.5
2,724

Nearby homes

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Assigned Schools

These are the assigned schools for 440 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 208 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

  • 79 % 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

  • 28 % 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
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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
    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. "
    0
    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"
    5
    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
    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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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 440 E Madison St

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Off Market Homes Near 440 E Madison St

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Based on information submitted to the MLS GRID as of 2026-06-08 09:38:18 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

Homes for rent near 440 E Madison St

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440 E Madison St, Franklin, IN 46131 is a 5 bedroom, 2 bathroom, 2,240 sqft single-family home built in 1876. This property is not currently available for sale. 440 E Madison St was last sold on Aug 19, 2024 for $290,000 (3% lower than the asking price of $299,000). The current Trulia Estimate for 440 E Madison St is $321,600.