For Sale58d on marketHistoric · 126 yrs
198 W King St
Franklin, IN, 46131 • 46131 • Johnson County
$359,999
$93/sqft
-$5,000 since Mar 11, 2026
Down payment assistance available
5Beds
2Baths
3,861Sqft
0.15 acLot
1900Built
Property DNA
Traditional Style
Built 1900 · 126 years of history
No Subdivision
46131
1 Fireplace
Free Standing
This home is in high demand
Listed 58 days ago · 2,111 views · 27 saves · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
2,111 views
People checking out this listing
27 saves
Buyers have saved this home
58 days on market
Established listing
$93/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 6% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1900 · Historic
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 (Effective year 1950) and offering just over 3,800 square feet, 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.
Standout features identified
Our analysis highlights thoughtful layouts, well-proportioned bedrooms, and multiple bonus rooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,255/month
Principal & Interest$1,775
Property Tax$360
Insurance$120
Down payment20% ($72,000)
3%50%
Est. 6.26% rate · 30yr fixed · $287,999 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1900
HeatingNatural Gas
CoolingCentral Air
ParkingNo Data
Lot6,534 sqft
Days on Zillow58 Days
Price/sqft$93
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1900
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionBlock
Water / SewerPublic
Parking & Outdoor
BasementCellar
Fireplaces1
Lot6,534 sqft
Location & Tax
Neighborhood46131
Annual tax$2,510
Parcel410814031161000009
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Appliances
Dishwasher
Electric Water Heater
Microwave
Electric Oven
Refrigerator
Heating
Natural Gas
Cooling
Central Air
Fireplace
Free Standing
Exterior Features
Construction
Block
Room details
8 rooms detailed
Master Bedroom
Upper15×23 ft345 sqft
Bedroom2
Upper10×11 ft110 sqft
Bedroom3
Upper10×17 ft170 sqft
Bedroom4
Main6×12 ft72 sqft
Bedroom5
Main12×14 ft168 sqft
Dining Room
Main11×15 ft165 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market58
Tax rate0.79%
Price/sqft$93
On marketFeb 9, 2026
PostedFeb 9, 2026
Last sold$92,500
MLS statusActive
MLS updatedMar 11, 2026
Tour days9
Views2,111
Favorites27
How are the schools in Franklin?
3 schools rated nearby
Location
Franklin, IN, 46131
Price history
8 events
DateEventPrice$/sqftSource
Mar 11, 2026Price Change$359,999$93MIBOR as distributed by MLS GRID
Feb 25, 2026Price Change$364,999$95MIBOR as distributed by MLS GRID
Feb 9, 2026Listed For Sale$369,999$96MIBOR as distributed by MLS GRID
Feb 13, 2017Sold$92,500$24MIBOR as distributed by MLS GRID
Nov 30, 2016Pending Sale$95,000$25Red Oak Real Estate Group
Nov 1, 2016Listed For Sale$95,000$25Red Oak Real Estate Group
Jun 3, 2016Sold$105,840$27Public Record
Jun 15, 2005Sold$129,000$33MIBOR as distributed by MLS GRID
Price Change$359,999
Mar 11, 2026•$93/sqft•MIBOR as distributed by MLS GRID
Price Change$364,999
Feb 25, 2026•$95/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$369,999
Feb 9, 2026•$96/sqft•MIBOR as distributed by MLS GRID
Sold$92,500
Feb 13, 2017•$24/sqft•MIBOR as distributed by MLS GRID
Pending Sale$95,000
Nov 30, 2016•$25/sqft•Red Oak Real Estate Group
Listed For Sale$95,000
Nov 1, 2016•$25/sqft•Red Oak Real Estate Group
Sold$105,840
Jun 3, 2016•$27/sqft•Public Record
Sold$129,000
Jun 15, 2005•$33/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2024$2,292$227,300
Apr 9, 2023$2,105$207,600
Apr 9, 2022$1,754$189,000
Apr 9, 2021$1,852$158,400
Apr 9, 2020$1,808$167,000
Apr 9, 2019$1,474$163,100
Apr 9, 2018$1,568$147,400
Apr 9, 2017$946$139,400
Apr 9, 2016$631$131,900
Apr 9, 2014$847$108,300
Apr 9, 2013$367$105,300
Apr 9, 2012$1,142$114,200
Apr 9, 2011$1,295$129,500
Apr 9, 2010$1,295$129,500
Apr 9, 2009$1,295$129,500
Apr 9, 2007$1,586$124,900
Apr 9, 2006$1,416$105,900
Apr 9, 2005—$105,900
Nearby homes
Neighborhood details
Local context around this listing
Franklin, IN • Johnson County
Nearby neighborhoods
Amity
Nearby cities
BargersvilleEdinburghFranklinGreenwoodMorgantownNeedhamNew WhitelandNineveh
Nearby zip codes
46131
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 20:53:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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