199 E Madison St, Franklin, IN 46131 Property Records

Johnson County property record for 199 E Madison St, Franklin, IN 46131

Property Summary

Property TypeMulti-Family Dwellings
Details6 bd · 4 ba · 4,856 sqft · built 1985
Lot Size0.111 acres (4,835 sqft)
OwnerCompany Name on File
Tax Bill$9,197 (2025)
Deeds & MortgagesOct 2022 Mortgage
May 2021 Sale
Flood ZoneZone X (minimal risk)
APN51001433102/02

Property Details

APN / Parcel Number

Primary APN51001433102/02
Alternative APNs
  • 41-08-14-043-062.000-009
  • 00001088679

Interior

Bedrooms6 Beds
Full Baths4 Baths
Plumbing Fixtures20 Plumbing Fixtures
Total Rooms14 Rooms
Stories2 Stories
Building Area4,856 sqft Living Area
1st Floor Area4,856 sqft
Basement Area1,167 sqft
Unfinished Basement1,167 sqft

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Architectural StyleMulti-Family
Construction TypeBrick
Foundation TypeNo Foundation
Roof MaterialAsphalt
Lot Area4,835 sqft (0.111 acres)
Lot Dimensions76 ft deep x 66 ft wide
Garage TypeDetached
Garage Area360 sqft
Parking Spaces1 Parking Space
PorchPorch
Porch Area413 sqft

Utilities, Heating & Cooling

Heating SystemCentral
SewerConnected

Location & Zoning

Account Number00001088679
Street Address199 E MADISON ST
CityFRANKLIN
StateIN
Zip46131-2329
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Legal DescriptionHICKS & BEARD ADD PT LOTS 11-12 N HOME AVE MP FRANKLIN COMMUNI
Legal SubdivisionHICKS AND BEARDS ADDITION
Legal Lot Number11-12
JurisdictionJOHNSON IN
Township / Civil DivisionFRANKLIN
Census Block Group2
Census Block2055
Census Tract611000

Owner

Source: Johnson County records · APN 51001433102/02

Assessment roll updated June 19, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address3840 N 450 W, BARGERSVILLE, IN 46106-9228
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 25, 2022Deed of Trust, Mortgage · Commercial Mortgage
FIRST MERCHANTS BANK NA
May 12, 2021Limited Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 13, 2022
Deed SaleOct 13, 2022
Prior SaleMay 12, 2021
Deed Document Number202223165
Prior Transfer DateApr 29, 2021
Prior Transfer Doc0000023165
Record UpdatedSep 20, 2026

October 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionJOHNSON IN
Property Address199 E MADISON ST, FRANKLIN, IN 46131-2329
Transaction TypeMortgage
Record UpdatedJun 09, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022023874
DateOct 25, 2022
Instrument2022-023874
Lender
NameFIRST MERCHANTS BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueOct 18, 2027
Interest
Rate TypeFixed Rate

May 2021: Limited Warranty Deed, Transfer

Document TypeLimited Warranty Deed
JurisdictionJOHNSON IN
Recording DateMay 12, 2021
Property Address199 E MADISON ST, FRANKLIN, IN 46131-2329
Document Number2021014165
Map ReferencePB 1 PG 9
Instrument DateApr 29, 2021
Instrument2021-014165
Transaction TypeTransfer
Record UpdatedJun 09, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3840 N 450 W, BARGERSVILLE, IN 46106-9228

Tax Assessment & Valuation

Source: Johnson County records · Assessment roll updated June 19, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIndiana
CountyJohnson County
County SubdivisionFranklin Township
MunicipalityFranklin City
Unified School DistrictFranklin Community School Corporation (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$9,197.00 (+11.7%)$415,000 (+71.2%) Land $44,800 Building $370,200$415,000 (+71.2%) Land $44,800 Building $370,200
2024$8,234.00 (+49.03%)
2023$5,525.00 (+5.3%)$242,400 (+3.02%) Land $26,000 Building $216,400$242,400 (+3.02%) Land $26,000 Building $216,400
2022$5,247.00$235,300 Land $26,000 Building $209,300$235,300 Land $26,000 Building $209,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of September 30, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims8 (1979–2009)
Claims Outside the SFHA4 of 8
Most Recent ClaimAug 2009 · rainfall accumulation
Claims by Event
  • Severe Storms, Flooding, And Tornadoes, Jun 2008 · 4 claims

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Metronet Holdings
Fiber
5,120 / 5,120
Brightspeed
Fiber
2,000 / 2,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20

May also be available: Johnson County Rural Electric Membership Cooperative.

Based on FCC filings for 466 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemINDIANA AMERICAN WATER - JOHNSON COUNTY
private · serves 86,813 people
Water SourceGroundwater
Last State InspectionJan 2024
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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