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 front 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.
Listed By
Agency Name: Hoosier, REALTORS®
Agency Phone: 317-862-5200
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 2,736.45 per month $2,377.33 Principal & Interest $235.17 Property Tax $123.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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196 E Madison Street , Unit B | MLS# 22113413
This condo located at 196 E Madison Street , Unit B, Franklin, IN 46131 is currently listed for sale with an asking price of $425,000. This property was built in 1915 and has 3 bedrooms and 2 full baths with 1828 sq. ft. E Madison Street , Unit B is located in the Carnegie Commons subdivision. Search Carnegie Commons real estate on www.ikeyrealty.com today.