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

$224,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,600 sqft

475 E Madison St, Franklin, IN 46131

Est. Refi. Payment $1,381/mo*
Refinance Your Home
Currently Off Market - Sold Apr 22, 2025 for $219,900

Home Value

Trulia Estimate
$225K
Since last month
Increased$3K (+1.2%)
Since last year
Increased$4K (+1.9%)
Since last sale
Increased$5K (+2.1%)
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 +114% in the last 10 years
MonthEstimated value
2026
August 2026$225K
August 2026$224K
July 2026$222K
June 2026$222K
May 2026$225K
April 2026$224K
March 2026$223K
February 2026$225K
January 2026$224K
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
648 Young St, Franklin, IN
0.38
Single-Family Home
$225,000
08/10/26
2
1
935
599 E Adams St, Franklin, IN
0.15
Single-Family Home
$294,900
06/12/26
3
2
1,803
151 Yandes St, Franklin, IN
0.06
Single-Family Home
$170,000
09/19/25
2
2
1,782
601 Hurricane St, Franklin, IN
0.36
Single-Family Home
$170,000
11/18/25
2
1
999
70 Herriott St, Franklin, IN
0.50
Single-Family Home
$125,000
04/21/26
2
1
1,620
351 Cincinnati St, Franklin, IN
0.43
Single-Family Home
$174,900
01/15/26
3
1
1,530
101 Robinson St, Franklin, IN
0.60
Single-Family Home
$232,000
05/05/26
2
1
2,296
651 Hamilton Ave, Franklin, IN
0.55
Single-Family Home
$165,000
01/16/26
2
1
1,116
750 Hurricane St, Franklin, IN
0.44
Single-Family Home
$139,500
04/13/26
2
1
940

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
484 E Jefferson St, Franklin, IN 46131
0.03
$325,000
3
2
2,369
Recently Sold
425 E Jefferson St, Franklin, IN 46131
0.06
$347,400
4
2
3,891
Off Market
401 E Madison St, Franklin, IN 46131
0.04
$201,900
Studio
1.5
6,804
Off Market
450 E Madison St, Franklin, IN 46131
0.03
$530,000
6
2
4,309
Recently Sold
448 E Madison St, Franklin, IN 46131
0.03
$317,200
4
1.5
3,264
Off Market
Yandes St, Franklin, IN 46131
0.07
-
-
-
-
Off Market
149 Yandes St, Franklin, IN 46131
0.06
$176,800
1
1
-
Off Market
150 Hurricane St, Franklin, IN 46131
0.05
$233,500
5
2.5
2,695
Off Market
151 Yandes St, Franklin, IN 46131
0.06
$171,600
2
2
1,782
Off Market
197 Hurricane St, Franklin, IN 46131
0.07
$227,000
3
2
1,954
For Sale
449 E King St, Franklin, IN 46131
0.07
$536,900
4
2
4,544
Off Market

Local Information

  • Map ViewExplore the area around 475 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
1876
Living Area
1,600 sqft
Price/Sqft
$141

About this House

SIMPLY ADORABLE historic charmer in downtown Franklin. 2BR 1BA. Many original features including hardwood flooring, upgraded tall windows and updated kitchen and bath! New paint throughout. Spacious living and dining rooms. Woodburning fireplace has not been used by current owner. Private backyard and deck. Parking behind off alley for 3 vehicles. HVAC in dry cellar.
475 E Madison St, Franklin, IN 46131 is a 2 bedroom, 1 bathroom, 1,600 sqft single-family home built in 1876. It last sold for the $219,900 asking price on Apr 22, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $224,800, with a rent estimate of $1,482/month.
Last check for updates: about 1 hour ago
Listed by Jobea Trefny, (317) 691-1367
Carpenter, REALTORS®
Bought with: Evan Cast, Mark Dietel Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22026974

Home Details for 475 E Madison St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Cellar,Partial,UnfinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1600 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener OwnedDishwasherDisposalLaundry: Laundry ClosetRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Screens, Windows Vinyl, Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: One and One HalfFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Fenced, PrivacyOther Structures: StorageFoundation: Block, Crawl Space
Parking & Garage
No Garage
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: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410814044034002009

Price & Status

Price
List Price: $219,900
Status Change & Dates
Off Market Date: Fri Mar 21 2025Possession Timing: Negotiable

Media

Location

Direction & Address
City: FranklinCommunity: Hamiltons
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: 1600 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6098.4 sqft

Listing Info

Special Conditions: Sales Disclosure Supplements

Miscellaneous

BasementMls Number: 22026974

Price and Tax history

DateEventPrice
Apr 22, 2025
Source: MIBOR as distributed by MLS GRID #22026974
Sold
$219,900
Mar 24, 2025
Source: MIBOR as distributed by MLS GRID #22026974
Pending
$219,900
Mar 20, 2025
Source: MIBOR as distributed by MLS GRID #22026974
PriceChange
$219,900
Price increased by 38%
Aug 31, 2021
Source: MIBOR as distributed by MLS GRID #21809502
Pending
$159,000
Aug 26, 2021
Source: MIBOR as distributed by MLS GRID #21809502
Listed For Sale
$159,000

Market trends in Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$285K
$2.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$174
$11MoM
Available listings
114
3MoM

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
    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
    Flag
  • 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
    Flag
  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-01 13:28:13 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 475 E Madison St

  • What is 475 E Madison St estimated to be worth?
    Trulia's estimated value for 475 E Madison St in Franklin, IN is $224,800.
  • What is the price history for 475 E Madison St?
    475 E Madison St in Franklin, IN last sold for $219,900 in April 2025.
  • 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 $285K. That is up $2.67K from the prior month.
  • Does 475 E Madison St have laundry facilities?
    Yes, 475 E Madison St in Franklin, IN has laundry facilities.
  • Does 475 E Madison St have a yard?
    Yes, 475 E Madison St in Franklin, IN has a yard.

Explore by feature - Pet Friendly

47 pet-friendly rentals in Franklin, IN

Explore by feature - Garage

36 rentals with a garage in Franklin, IN

Explore by feature - Air Conditioning

35 rentals with air conditioning in Franklin, IN

Explore by feature - Pool

7 rentals with a pool in Franklin, IN

Explore by feature - Washer/dryer

30 rentals with a washer/dryer in Franklin, IN

Explore by feature - Outdoor Space

6 rentals with an outdoor space in Franklin, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 475 E Madison St

Skip to last item
Skip to first item

Homes for sale near 475 E Madison St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item