448 E Madison St, Franklin, IN 46131
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Property image
OFF MARKET

448 E Madison St
Franklin, IN 46131

  • 4 Beds
  • 1.5 Baths
  • 3,264 sqft

$312,900

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $1,888/mo*
Refinance Your Home

$312,900

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $1,888/mo*
Refinance Your Home
4 Beds
1.5 Baths
3,264 sqft

Local Information

  • Map ViewExplore the area around 448 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
1910
Living Area
3,264 sqft
Price/Sqft
$96
Parking
Garage

About this House

Charming 4-Bedroom Home in Downtown Franklin - A Great Location with Loads of Potential. 4 spacious bedrooms and 1.5 bathrooms. Large covered front porch, perfect for enjoying a morning cup of coffee. As you enter, you'll admire the old woodwork, built-ins, hardwood floors, and a cozy fireplace. Amazing Built-in butler's pantry, as well. Over 3200 sq feet, including the basement. The indoor living spaces are filled with natural light. The kitchen is ready for your personal touch, offering a great opportunity for improvement. The upstairs bathroom is in the process of being remodeled and awaits your finishing touches. Added Bonus - A detached 2 plus car garage with workshop/she-shed with a half BATHROOM. Backyard is fenced-in. This property has a newer: roof, water heater, and refrigerator, but the house does need some TLC to reach its full potential. It's ideal for someone looking to invest in a historic home in the downtown Franklin community.
448 E Madison St, Franklin, IN 46131 is a 4 bedroom, 2 bathroom, 3,264 sqft single-family home built in 1910. It last sold for $310,000 on Apr 8, 2025 (3% below the $319,000 asking price). It is currently off market. The Trulia Estimate is $312,900, with a rent estimate of $2,042/month.

Home Details for 448 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, Dining Room, Great Room, Kitchen, Library, Play Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3264 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Gas Water Heater, Electric Oven, Range Hood, RefrigeratorLaundry: In BasementRefrigerator
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Den/Library FireplaceHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Fenced, Fence Full RearOther Structures: OutbuildingFoundation: Block
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door)No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410814044046000009

Price & Status

Price
List Price: $319,000
Status Change & Dates
Off Market Date: Tue Mar 18 2025Possession 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: 3264 Square Feet

HOA

No HOA

Lot Information

Lot Area: 4356 sqft

Listing Info

Special Conditions: None

Miscellaneous

BasementMls Number: 22023548
Last check for updates: about 6 hours ago
Listed by Lucy Endris, (317) 459-5364
Keller Williams Indy Metro S
Bought with: Lisa Bohr, (317) 373-1899, Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#22023548

Price History for 448 E Madison St

DatePriceEventSource
04/08/2025$310,000Sold
MIBOR as distributed by MLS GRID #22023548
03/19/2025$319,000PendingMIBOR as distributed by MLS GRID #22023548
03/17/2025$319,000PendingToActiveMIBOR as distributed by MLS GRID #22023548
03/08/2025$319,000PendingMIBOR as distributed by MLS GRID #22023548
03/06/2025$319,000Listed For SaleMIBOR as distributed by MLS GRID #22023548
10/13/2017$182,000Sold
MIBOR as distributed by MLS GRID #21497898
09/06/2017$194,900PendingAgent Provided
08/26/2017$194,900PendingToActiveAgent Provided
08/23/2017$194,900PendingAgent Provided
07/13/2017$194,900Listed For SaleAgent Provided
05/13/2016$145,000Sold
MIBOR as distributed by MLS GRID #21394358
05/05/2016$159,900PendingAgent Provided
03/09/2016$159,900PriceChange
Agent Provided
02/05/2016$169,900PriceChange
Agent Provided
01/14/2016$174,900Listed For SaleAgent Provided

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$2,168
Assessment$216,300
Home facts updated by county records

Comparable Sales for 448 E Madison St

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
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
0.01
Single-Family Home
$530,000
02/26/26
6
2
4,309
599 E Adams St, Franklin, IN
0.15
Single-Family Home
$294,900
06/12/26
3
2
1,803
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
998 E Jefferson St, Franklin, IN
0.31
Single-Family Home
$286,000
05/22/26
3
1.5
2,955
356 N Main St, Franklin, IN
0.37
Single-Family Home
$187,000
11/14/25
3
1.5
2,576
1000 E King St, Franklin, IN
0.34
Single-Family Home
$330,000
09/15/25
4
1.5
3,231
199 Walnut St, Franklin, IN
0.52
Single-Family Home
$344,000
05/07/26
3
2
2,520

Nearby homes

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Assigned Schools

These are the assigned schools for 448 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
    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. "
    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
    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
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  • 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
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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 448 E Madison St

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Off Market Homes Near 448 E Madison St

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Based on information submitted to the MLS GRID as of 2026-07-27 15:17:56 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