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Single Family ResidenceResidential
$281,189$125 / 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 Aug 30, 2026

348 W MADISON ST

FRANKLIN, IN 46131
2
Beds
2
Baths
2,250 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$281K
$268K low$295K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,482 (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.$196,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$173,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$208,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$196,900

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.46
42
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
78
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
90
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
23
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

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
CountyJOHNSON
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1960
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
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.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 128 ft²Shed · 60 ft²Patio · 436 ft²Porch · 120 ft²

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

M
Franklin Community Middle SchoolB+
Middle · Grades 7–8 · 0.4 mi
E
Webb Elementary SchoolA-
Elementary · Grades KG–4 · 1.4 mi
H
Franklin Community High SchoolB-
High · Grades 9–12 · 2.5 mi

District: Franklin Community School Corporation

Neighborhood · ZIP 46131These 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.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.37

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
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.39,005
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.298 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,970
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,778
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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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

348 W Madison St 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 less per square foot than 93% of homes in Johnson County
  • Bigger than 76% of homes in Franklin 46131
  • Has a smaller lot than 85% of homes in Johnson County
  • Older than 98% of homes in Johnson County

What homes are worth in Franklin 46131

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

This home
$131K$683K

This home is worth more than 53% of homes in Franklin 46131.

How it measures up in Franklin 46131

The dot is this home. The mark in the middle is the typical home in Franklin 46131.

Estimated value$281,189
CheaperTypical $274,932Pricier

Pricier than 53% of homes nearby

Price per ft²$125
CheaperTypical $174Pricier

Pricier than 10% of homes nearby

Living area2,250 ft²
SmallerTypical 1,645 ft²Bigger

Bigger than 76% of homes nearby

Lot size0.16 ac
SmallerTypical 0.24 acBigger

Bigger than 19% of homes nearby

Year built1915
OlderTypical 1993Newer

Newer than 5% of homes nearby

How 348 W Madison St ranks against every home in each area.
MeasureThis homeFranklin 46131Johnson County
Estimated valuepricier than$281,18953% of homes39% of homes
Price per ft²pricier than$12510% of homes7% of homes
Living areabigger than2,250 ft²76% of homes69% of homes
Lot sizebigger than0.16 ac19% of homes15% of homes
Year builtnewer than19155% of homes2% of homes

About 348 W Madison St

How much is 348 W Madison St, Franklin, IN worth?

The TopHap Estimate for 348 W Madison St, Franklin, IN is $281,189 as of Aug 30, 2026. The likely range is $267,721 to $294,657. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 348 W Madison St, Franklin, IN last sell?

348 W Madison St, Franklin, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 348 W Madison St, Franklin, IN?

348 W Madison St, Franklin, IN has 2 bedrooms, 2 bathrooms, 2,250 square feet of living space and a 0.16-acre lot.

When was 348 W Madison St, Franklin, IN built?

348 W Madison St, Franklin, IN was built in 1915, making it 111 years old. The building has 1 story.

What schools serve 348 W Madison St, Franklin, IN?

348 W Madison St, Franklin, IN is assigned to Franklin Community Middle School (middle), rated B+; Webb Elementary School (elementary), rated A-; Franklin Community High School (high), rated B-. All sit in Franklin Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 348 W Madison St, Franklin, IN compare to other homes in Franklin 46131?

Among the 11,397 homes in Franklin 46131, it is worth more than 53% of them ($281,189 against a typical $274,932), its price per square foot is higher than 10% of them ($125 against a typical $174), it is bigger than 76% of them (2,250 ft² against a typical 1,645 ft²), its lot is bigger than 19% of them (0.16 ac against a typical 0.24 ac) and it is newer than 5% of them (1915 against a typical 1993). Measured against all of Johnson County, it is worth more than 39% 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 348 W Madison St, Franklin, IN?

The 2025 property tax bill for 348 W Madison St, Franklin, IN was $1,482. The county assessed it at $196,900.

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