Sheldon Barnes
For Sale — 198 W King Street, Franklin, IN 46131198 W King Street
Franklin, Indiana 46131
No Subdivision
5
Beds
2
Baths
3,492
Sq Ft
1900
Year Built
0.15
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Franklin, Indiana and the rest of Hamilton County. Book a private tour of 198 W King Street, ask any question about this home, or talk through what you should know about buying in Franklin.
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.
Key things to know
- Original hardwood flooring throughout
- 5 bedrooms with bonus rooms
- 3,500+ sq ft in historic 1900 home
- Walking distance to downtown franklin
Browse by room
10 rooms · 27 photos
Monthly payment
Estimate · $349,999
$2,072/mo
≈ $1,863 principal & interest · $209 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $70,000 on a loan of $279,999.
Price history
- Price reduced$359,999 → $349,999
Apr 23, 2026
- Listedat $369,999
Feb 9, 2026
Recent comparable sales
$405,000
1506 Covington Boulevard
5bd · 4ba · 3,100 sqft
Sold May 2026
$350,000
1951 Turning Leaf Drive
4bd · 3ba · 2,537 sqft
Sold Apr 2026
$321,000
858 Redwood Drive
4bd · 3ba · 2,512 sqft
Sold May 2026
$570,000
2080 Fairway Lakes Drive
4bd · 4ba · 2,931 sqft
Sold May 2026
$364,995
1228 Pegasus Drive
5bd · 3ba · 4,114 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 4.1% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$369,999Listed· Feb 9, 2026
$349,999Reduced
↓ $20,000 (5.4% off original)
82 days on market
Layout
Schools
Franklin Community School Corp
Middle
Franklin Community Middle School
High
Franklin Community High School
Neighborhood
- Downtown Indianapolis20.4 mi
- Monon Trail (Carmel)33.0 mi
- IU Health North Hospital33.1 mi
- Fishers High School33.5 mi
- Conner Prairie33.7 mi
- Carmel High School33.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,492 sq ft
Year Built
1900
Stories
One and One Half
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
2 full
School District
Franklin Community School Corp