$640,500
SOLD JUL 9, 2025

0 S State Road 135 Unit MBR22030679 Franklin, IN 46131

26 Acres
$25,000 Price per Acre
1,116,007 Sq Ft Lot

Recently Sold

29% Below List Price

81 Days on Market

About This Lot

As of July 2025

This 25.62-acre farm, located in the heart of Johnson County, offers incredible potential for both agricultural and development opportunities. The parcel is situated on Highway 135 between the rapidly growing towns of Bargersville and Trafalgar. This property boasts 600 feet of prime road frontage, ensuring excellent visibility and easy access. The property is currently zoned AR (Agricultural/Residential). The farm is positioned adjacent to heavy commercial zoning to the north, offering the possibility for both commercial and residential. Despite its development potential, the farm remains highly productive with a Weighted Average Production Index (WAPI) of 160.3 and is fully tillable. The property has been professionally grid-tiled, with tile maps available for reference. Additionally, the farm benefits from a well that produces an impressive 120 gallons a minute making it well suited for continued agriculture use. Buyers are encouraged to conduct their own due diligence regarding planning and zoning regulations. The property is also located within the highly regarded Franklin Community School District. The location is appealing for residential development. Whether you're looking for a productive farm or a prime location for future growth, this farm offers exceptional possibilities!

Last Agent to Sell the Property

Eric Richards

Landproz of Indiana, LLC License #RB15001584 Listed on: 04/03/2025

Last Buyer's Agent

Shelly Johnson

Keller Williams Indy Metro S License #RB14043056

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,072

Lot Details

  • 25.62 Acre Lot

Schools

  • Brookville Elementary School
  • Franklin County Middle School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 41 / 36
  • Assessor Parcel Number 410936023006001034
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$1,072

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 25.62
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • List Price: 756000
  • Other Structures: No Building
  • Topography: Level
  • Road Access: County Rd
  • Water: Well on Site

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin County Middle School

Lot Info

  • Additional Parcels: No
  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 1116007
  • Parcel Number: 410936023006001034
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Rural
  • Present Zoning: Agricultur
  • Price Acre: 25000
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 1072
  • Tax Block: 36
  • Tax Lot: 41
  • Semi Annual Property Tax Amt: 536

MLS Schools

  • Elementary School: Brookville Elementary School

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $640,500 -15.3% --
06/23/2025 06/23/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $756,000 -15.6% --
04/03/2025 04/03/25 For Sale $896,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Eric Richards

    Landproz of Indiana, LLC

    (317) 557-1376

    1 in this area

    33 Total Sales

    Section Image
  • Shelly Johnson

    Buyer's Agent in 2025

    Shelly Johnson

    Keller Williams Indy Metro S

    (317) 430-6995

    8 in this area

    87 Total Sales

    Section Image
  • Kayla Johnson

    Buyer Co-Listing Agent in 2025

    Kayla Johnson

    Keller Williams Indy Metro S

    (317) 430-6995

    5 in this area

    56 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22030679

MIBOR Broker Listing Cooperative®

Indiana Johnson County Franklin 46131

0 S State Road 135 Unit MBR22030679, Franklin, IN

This home is located at 0 S State Road 135 Unit MBR22030679, Franklin, IN 46131 and is currently priced at $640,500. 0 S State Road 135 Unit MBR22030679 is a home located in Johnson County with nearby schools including Union Elementary School, Custer Baker Intermediate School, and Franklin Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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