4 Beds • 3 Baths · 1,519 Sq. Ft.
2005 Falcon Court
Franklin, IN 46131
Indiana Property Group, LLC


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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the Broker Listing Cooperative listing service as of November 11, 2026 at 11:45 AM EST. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
Based on information submitted to the MLS GRID as of November 11, 2026 at 11:45 AM EST. 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.
196 E Madison Street #B
Franklin, IN
$384,900
Franklin, IN 46131 · Carnegie Commons
MLS# MBR22113413
Listed 109 days ago
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 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.
Estimate principal and interest for this listing.
$76,980
Estimated monthly payment
$1,946/mo
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Hoosier, REALTORS® with Rusty Harsin. Contact rusty@hoosier-realtors.com.
4 Beds • 3 Baths · 1,519 Sq. Ft.
2005 Falcon Court
Franklin, IN 46131
Indiana Property Group, LLC
3 Beds • 3 Baths · 1,839 Sq. Ft.
1079 Jubilee Lane
Franklin, IN 46131
DRH Realty of Indiana, LLC
3 Beds • 2 Baths · 1,134 Sq. Ft.
651 Duane Street
Franklin, IN 46131
Keller Williams Indy Metro Partners