196 E Madison Street, IN 46131

$415,000
3
BD
2
BA
1,828
SqFt

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List Price
$415,000
Status
ACTIVE
Days on Market
18
Price Change
▼ $10,000 1784152971
MLS#
22113413
Subtype
Residential
Style
Walk Up
Year Built
1915
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,828
Acres
0.02
Subdivision
Carnegie Commons
MLS Area Major
Franklin

Property Description

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.

Additional Information

Interior Features
Attic Access, Built-in Features, High Ceilings, Walk-In Closet(s), Wood Work Stained, Entrance Foyer, Hi-Speed Internet Availbl
Exterior Features
Not Applicable
Taxes
$1,411
HOA Fee
$144
HOA Freqency
Monthly
HOA Includes
Sewer, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Financing
Conventional
Property Description
Walk Up
Appliances
Dishwasher, Dryer, Electric Water Heater, MicroHood, Refrigerator, Washer, Water Softener Owned
Air Conditioning
Central Air
Stories
Two
Foundation
Block

Listing courtesy of Hoosier, REALTORS®.

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