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198 W King Street

Franklin, IN 46131

ActiveListed Feb 9, 2026 · 201 days on market

Key facts

Beds
5
Baths
2 full
Living area
3,492 sqft
Lot
0.15 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
One and one half
MLS #
22083178
County
Johnson
Subdivision
No Subdivision
Total building area
3,861 sqft

About this home

Step into timeless charm and generous space with this 5-bedroom, 2-bath historic home located in the heart of Franklin's sought-after historic district. Built in 1900, this home blends character you can't replicate with the flexibility today's buyers want. Multiple bonus rooms provide endless options for a home office, library, playroom, fitness space, or guest quarters. Spacious living areas, well-proportioned bedrooms, and thoughtful layouts make everyday living and entertaining effortless. Rich in history yet full of potential, this property is ideal for those who appreciate classic architecture, substantial square footage, and the unique appeal of a historic neighborhood-just minutes from downtown Franklin's shops, dining, and community events. This property also has the original hardwood flooring throughout beneath the LVP. A rare opportunity to own a truly distinctive home with room to grow.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterMicrowave
Basement
Cellar
Fireplaces
1
Fireplace type
Free Standing
Windows
Vinyl Windows
Rooms
8
Main-level bedrooms
2

Exterior

Construction
Block
Foundation
Block
Style
Traditional

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

Middle school
Franklin Community Middle School
High school
Franklin Community High School
School district
Franklin Community School Corp

Taxes

Estimated annual tax
$2,140 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,849per month, estimated
Principal and interest $1,563Property tax $178Insurance $109
20% · $62,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$310,000
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