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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 381 Walnut Street, ask any question about this home, or talk through what you should know about buying in Franklin.

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ABOUT THIS HOME

Built in 1876 and thoughtfully updated for today's lifestyle, this two-story home offers the character of a classic Indiana residence with the peace of mind of modern improvements. A newer roof, refreshed bathrooms, and an updated kitchen mean the big-ticket items are already done - so you can simply move in and enjoy. Inside, you'll find 2 bedrooms, 2 bathrooms, and 8 rooms across approximately 1,400 square feet of well-maintained living space. The updated kitchen flows naturally into the home's warm, welcoming layout, while fresh carpet in the dining room adds a clean, finished feel. Outside, the property truly shines. A large detached garage and extra rear parking provide exceptional storage and convenience - a rare find for a home with this much character. The 0.19-acre lot offers just the right amount of outdoor space to relax or entertain. Best of all, you're just steps from everything historic downtown Franklin has to offer - coffee shops, restaurants, bars, boutique shopping, and a year-round calendar of community events. This is the kind of location that makes everyday life feel a little more special.

Listed by Jacob Hemrick· Hemrick Property Group Inc.· MLS# 22097241
Pending15 days on market

$279,900

$289,900

2Beds
2Baths
1,350Sq Ft

Built in 1876 and thoughtfully updated for today's lifestyle, this two-story home offers the character of a classic Indiana residence with the peace of mind of modern improvements. A newer roof, refreshed bathrooms, and an updated kitchen mean the big-ticket items are already done - so you can simpl...

Listed by Jacob Hemrick· Hemrick Property Group Inc.· MLS# MBR22097241

1,350

Sq Ft

1876

Year Built

2

Bedrooms

2

Bathrooms

Key things to know

  • Hardwood floors throughout
  • Updated kitchen and bathrooms
  • Newer roof and central air
  • Detached garage plus rear parking
  • Steps from downtown Franklin shops and restaurants

Browse by room

14 rooms · 43 photos

Price history

  1. PendingAccepted offer

    May 7, 2026

  2. Listedat $289,900

    Apr 23, 2026

Comparative value

5 comps in this range

This home is 14% above median for similar nearby sales.

$225K$344KMedian $245K
$280K

FEATURES & AMENITIES

Interior

Attic AccessHigh CeilingsWalk-In Closet(s)Hardwood FloorsWood Work PaintedHi-Speed Internet AvailblPantry

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $289,900Listed· Apr 23, 2026

15 days on market

Layout

Main
115 rooms900 sq ft
Upper
112 rooms450 sq ft

Primary suite

Deck

Primary bath

Tub Full with Separate Shower

Schools

Franklin Community School Corp

  • Middle

    Franklin Community Middle School

  • High

    Franklin Community High School

Neighborhood

  • Downtown Indianapolis20.3 mi
  • Monon Trail (Carmel)32.9 mi
  • IU Health North Hospital33.0 mi
  • Fishers High School33.4 mi
  • Conner Prairie33.6 mi
  • Carmel High School33.6 mi

PROPERTY DETAILS

Living Area

1,350 sq ft

Year Built

1876

Stories

TwoOne and One Half

Subdivision

No Subdivision

Bedrooms

2

Bathrooms

2 full

Garage

2 spaces

School District

Franklin Community School Corp

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