About This Home
This 3-bedroom, 2-bathroom condo at 196 E Madison Street #B in Franklin, IN is listed for $385,000 ($211 per sqft). Built in 1915, the home offers 1,828 sqft of living space on a 0.02 acres lot.
Key Features
- Built in 1915
- 0.02 acre lot
- 2 stories
Property Details
Amenities
PRICE REDUCED!! Own a remarkable piece of Franklin history in this truly one-of-a-kind residence, originally constructed in 1915 as the city's iconic Carnegie Library and thoughtfully transformed into an exclusive five-unit condominium community in 1990.
Rich in architectural character, this extraordinary home beautifully preserves its historic charm with stunning mahogany barrel-vaulted ceilings, elegant marble floors, custom lighted cabinetry, and timeless craftsmanship rarely found today, while seamlessly blending today's most desirable updates and conveniences.
Offering three spacious bedrooms, including a main-level bedroom, this home features beautifully renovated bathrooms, an updated kitchen with granite countertops and stainless steel appliances, custom closet systems, newer vinyl windows with custom remote-controlled blinds, smart home technology including Alexa-controlled lighting, Wi-Fi-enabled fr
ont door lock and thermostat on the main level, a brand-new HVAC system, and a water heater less than three years old. Enjoy the convenience of a private entrance, abundant storage throughout, a new stackable washer and dryer, included water softener, and an expansive hand-laid paver patio perfect for relaxing or entertaining.
Owners self-manage the HOA, keeping monthly dues at just $144, which include exterior maintenance, water, sewer, and trash service. Complete with a dedicated rear parking space plus additional on-street parking, this exceptional home places you just steps from Franklin's vibrant downtown shops, restaurants, parks, and year-round community events, offering an unmatched opportunity to own a beautifully preserved landmark with every modern comfort.
Monthly Cost Estimate
$2,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
196 E Madison Street #B
Franklin, IN 46131
Carnegie Commons
Features & Amenities
Interior Features
Property Details
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom condo at 196 E Madison Street is listed at $385,000 ($211/sqft). The estimated monthly payment is $2,203 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $144/month.
Key features include: Built in 1915, 0.02 acre lot, 2 stories. Interior Features: Attic Access, Built-in Features, High Ceilings.
This property is listed by Rusty Harsin and can be reached at (317) 407-6608.