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Single Family ResidenceResidential
$219,482$211 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1340 FRANKLIN DR

MADISON, IN 47250
3
Beds
1
Baths
1,040 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1956
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$219K
$209K low$230K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,412 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$156,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$15,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$141,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$154,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$156,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
81
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
80
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
15
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyJEFFERSON
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Madison Consolidated Jr High SchoolB-
Middle · Grades 5–8 · 0.9 mi
H
Madison Consolidated High SchoolB-
High · Grades 9–12 · 1.0 mi
E
Anderson Elementary SchoolC
Elementary · Grades PK–4 · 1.5 mi

District: Madison Consolidated Schools

Neighborhood · ZIP 47250These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.155
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,372
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.98 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$58,715
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,104
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1340 Franklin Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs more per square foot than 85% of homes in Jefferson County
  • Smaller than 82% of homes in Madison 47250
  • Has a smaller lot than 80% of homes in Jefferson County
  • Older than 70% of homes in Jefferson County

What homes are worth in Madison 47250

Each bar is how many homes fall in that price range. The marker is this home.

This home
$109K$627K

This home is worth more than 37% of homes in Madison 47250.

How it measures up in Madison 47250

The dot is this home. The mark in the middle is the typical home in Madison 47250.

Estimated value$219,482
CheaperTypical $252,965Pricier

Pricier than 37% of homes nearby

Price per ft²$211
CheaperTypical $169Pricier

Pricier than 84% of homes nearby

Living area1,040 ft²
SmallerTypical 1,503 ft²Bigger

Bigger than 18% of homes nearby

Lot size0.22 ac
SmallerTypical 0.39 acBigger

Bigger than 26% of homes nearby

Year built1956
OlderTypical 1968Newer

Newer than 36% of homes nearby

How 1340 Franklin Dr ranks against every home in each area.
MeasureThis homeMadison 47250Jefferson County
Estimated valuepricier than$219,48237% of homes41% of homes
Price per ft²pricier than$21184% of homes85% of homes
Living areabigger than1,040 ft²18% of homes18% of homes
Lot sizebigger than0.22 ac26% of homes20% of homes
Year builtnewer than195636% of homes30% of homes

About 1340 Franklin Dr

How much is 1340 Franklin Dr, Madison, IN worth?

The TopHap Estimate for 1340 Franklin Dr, Madison, IN is $219,482 as of Sep 24, 2026. The likely range is $208,702 to $230,262. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1340 Franklin Dr, Madison, IN last sell?

1340 Franklin Dr, Madison, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1340 Franklin Dr, Madison, IN?

1340 Franklin Dr, Madison, IN has 3 bedrooms, 1 bathrooms, 1,040 square feet of living space and a 0.22-acre lot.

When was 1340 Franklin Dr, Madison, IN built?

1340 Franklin Dr, Madison, IN was built in 1956, making it 70 years old. The building has 1 story.

What schools serve 1340 Franklin Dr, Madison, IN?

1340 Franklin Dr, Madison, IN is assigned to Madison Consolidated Jr High School (middle), rated B-; Madison Consolidated High School (high), rated B-; Anderson Elementary School (elementary), rated C. All sit in Madison Consolidated Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1340 Franklin Dr, Madison, IN compare to other homes in Madison 47250?

Among the 8,459 homes in Madison 47250, it is worth more than 37% of them ($219,482 against a typical $252,965), its price per square foot is higher than 84% of them ($211 against a typical $169), it is bigger than 18% of them (1,040 ft² against a typical 1,503 ft²), its lot is bigger than 26% of them (0.22 ac against a typical 0.39 ac) and it is newer than 36% of them (1956 against a typical 1968). Measured against all of Jefferson County, it is worth more than 41% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1340 Franklin Dr, Madison, IN?

The 2025 property tax bill for 1340 Franklin Dr, Madison, IN was $1,412. The county assessed it at $156,900.

More homes on Franklin Dr

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Assigned schools

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