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Image 1 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 2 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 3 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 4 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 5 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 6 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 7 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

Image 8 - 251 W Madison St, Franklin, Indiana, 46131 - House for sale

, W Madison St, Franklin, Home For Sale

251 W Madison St, Franklin, Indiana, 46131

, W Madison St, Franklin, Home For Sale

house for sale

Listed: 06/23/24

251 W Madison St, Franklin, Indiana, 46131

3 Bed:

1.5 Bath:

2,870 Sq Ft Living Area:

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Price

$ 389,900

Price: Increased

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About This House

Must see this beautiful home located in the historic downtown Franklin area! 3 bedroom 1 and 1/2 bath, with recently refinished original hardwood floors, this gem won't last long. This charming 1876 house offers many adorable original features such as the antique fireplace, woodwork throughout, high ceilings, and much more. The large windows provide ample natural light. This home is the perfect combination of lovely unique and charming touches, with the convenience of more modern additions such as a new furnace, newer central air unit, new water heater, and energy efficient windows. All appliances stay with the home, including high efficiency washer and dryer. But, the BEST feature of this home is the location! Close and convenient to all the … Full description

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Original listing

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Franklin Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jul 2024	$289,269 (+4.3%)
Jun 2024	$277,296 (-2.1%)
May 2024	$283,235 (-14.8%)
Apr 2024	$332,600 (0%)
Mar 2024	$332,600 (0%)
Feb 2024	$332,600 (0%)

In July 2024, the asking price for 3 bed houses for sale in/near Franklin, United States averaged $289,269, an increase of 4.3% from the previous month.

Median price trends for properties for sale in Franklin, United States as of July 2024.

Household Income

Median household income: $56,367

Number of households: 9,202

The average household income in Franklin, IN grew from $53,207 to $56,367 in the past year. This data is an estimate based upon 9,202 households in Franklin, IN.
The chart below presents how household income is distributed in Franklin, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Franklin, IN compared to median property taxes around the country. The prevalent amount of property taxes in Franklin, IN equals $800-$1,500 , which is less than the national average.