498 E Madison St, Franklin, IN 46131 Property Records

Johnson County property record for 498 E Madison St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,881 sqft · built 1940
Lot Size	0.143 acres (6,229 sqft)
Owner	Company Name on File
Last Sale	$242,300 (Jun 2020)
Tax Bill	$5,290 (2025)
Deeds & Mortgages	Jun 2020 Mortgage Aug 2020 Transfer + 2 more
Flood Zone	Zone AE (high risk)
APN	`51001434030/00`

Property Details

APN / Parcel Number

Primary APN	`51001434030/00`
Alternative APNs	`41-08-14-044-030.000-009` `00001088967`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	11 Rooms
Stories	2 Stories
Building Area	1,881 sqft Living Area
1st Floor Area	1,881 sqft
Basement Area	953 sqft
Unfinished Basement	953 sqft
Game Room	Game Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1980
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	6,229 sqft (0.143 acres)
Lot Dimensions	53 ft deep x 36 ft wide
Garage Type	Mixed
Garage Area	240 sqft
Parking Spaces	3 Parking Spaces
Porch	Porch
Porch Area	290 sqft
Patio Area	196 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001088967
Street Address	498 E MADISON ST
City	FRANKLIN
State	IN
Zip	46131-2527
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	HAMILTON ADD #6 PT LOT 33 MP FRANKLIN COMMUNI
Legal Subdivision	HAMILTON ADD
Legal Lot Number	33
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2063
Census Tract	611000

Owner

498 E Madison St is owned by a company that acquired it in July 2020.

Source: Johnson County records, as of October 13, 2026

Owner of Record	Company Name on File
Mailing Address	4264 MASSACHUSETTS AVE, INDIANAPOLIS, IN 46218
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 15, 2020	Deed of Trust, Mortgage · Conventional Mortgage HALLMARK HOME MORTGAGE LLC
Aug 19, 2020	Quit Claim Deed, Transfer Quitclaim
Jun 15, 2020	Personal Representative Deed, Transfer · Conventional Mortgage HALLMARK HOME MORTGAGE LLC
Sep 13, 2018	Warranty Deed, Transfer ALLIANCE TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 15, 2020 · Amount on File
Deed Sale	Jun 15, 2020 · Amount on File
Prior Sale	Sep 13, 2018
Deed Document Number	202015162
Last Transfer Date	Jul 23, 2020
Transfer Doc	2020022459
Record Updated	Oct 29, 2026

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	498 E MADISON ST, FRANKLIN, IN 46131-2527
Transaction Type	Mortgage
Record Updated	Feb 7, 2021
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020015163
Date	Jun 15, 2020
Instrument	2020-015163

Lender

Name	HALLMARK HOME MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2050

Interest

Rate Type	Fixed Rate

August 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	JOHNSON IN
Recording Date	Aug 19, 2020
Property Address	498 E MADISON ST, FRANKLIN, IN 46131-2527
Document Number	2020022459
Map Reference	PB 1 PG 10
Instrument Date	Jul 23, 2020
Instrument	2020-022459
Transaction Type	Transfer
Record Updated	Jun 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4264 MASSACHUSETTS AVE, INDIANAPOLIS, IN 46218

June 2020: Personal Representative Deed, Transfer

Document Type	Personal Representative Deed
Jurisdiction	JOHNSON IN
Recording Date	Jun 15, 2020
Property Address	498 E MADISON ST, FRANKLIN, IN 46131-2527
Document Number	2020015162
Map Reference	PB 1 PG 10
Instrument Date	Jun 11, 2020
Instrument	2020-015162
Transaction Type	Transfer
Record Updated	Jun 9, 2023
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4624 MOSS CREEK TER, INDIANAPOLIS, IN 46237-2914

Mortgage

Document Number	2020015163
Date	Jun 15, 2020
Instrument	2020-015163

Lender

Name	HALLMARK HOME MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2050

Interest

Rate Type	Fixed Rate

September 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Sep 13, 2018
Property Address	498 E MADISON ST, FRANKLIN, IN 46131-2527
Document Number	2018020681
Instrument Date	Aug 31, 2018
Instrument	2018-020681
Transaction Type	Transfer
Record Updated	Jun 9, 2023
Title Company	ALLIANCE TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	498 E MADISON ST, FRANKLIN, IN 46131-2527

Tax Assessment & Valuation

The 2025 property tax bill for 498 E Madison St was $5,290, up 8.7% from the year before.

Source: Johnson County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Johnson County
County Subdivision	Franklin Township
Municipality	Franklin City
Unified School District	Franklin Community School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,290.00 (+8.74%)	$238,700 Land $22,400 Building $216,300	$238,700 Land $22,400 Building $216,300
2024	$4,865.00 (-0.8%)
2023	$4,904.00 (+2.94%)	$219,900 (+2.95%) Land $22,900 Building $197,000	$219,900 (+2.95%) Land $22,900 Building $197,000
2022	$4,764.00	$213,600 Land $22,900 Building $190,700	$213,600 Land $22,900 Building $190,700

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

Flood

FEMA maps place 498 E Madison St in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans
Nearby Flood Policies	4 in force
Nearby Flood Claims	8 (1979–2009)
Claims Outside the SFHA	4 of 8
Most Recent Claim	Aug 2009 · rainfall accumulation
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 4 claims

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.

Wildfire

The area around 498 E Madison St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	INDIANA AMERICAN WATER - JOHNSON COUNTY private · serves 86,813 people · EPA ID IN5241005
Water Source	Groundwater
Last State Inspection	Jan 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 466 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet 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: JC Fiber.

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