Seller's Agent in 2025
Janna Long
Janna Long Real Estate LLC
(317) 509-1605
78 in this area
108 Total Sales
1980 S 550 E Franklin, IN 46131
3
Beds
2.5
Baths
2,392
Sq Ft
10
Acres
Highlights
- Above Ground Spa
- Updated Kitchen
- Mature Trees
- View of Trees or Woods
- 10 Acre Lot
- Deck
About This Home
As of December 2025Set on 10 scenic acres, this property has been carefully transformed over the past seven years from its original state of "just as it is" condition into a well-maintained home. One of the owners happens to be a Hardscape expert; his expertise has been poured into enhancing the exterior with a welcoming front entrance, an expansive 25'x40' rear paver patio, including an outdoor built-in kitchen area and a Hot tub, and an upper deck off the primary suite that offers stunning views of the property. Inside, some major, well thought and attractive renovations have been completed: walls were moved so the kitchen is much more open and completely gutted, the primary bathroom & the stairway banister enclosed wall was removed blending modern updates with timeless charm. Don't miss the impressive before-and-after photos when you tour the home! Additional updates include a new garage door and a solid built 24'x27' Pole Barn with a 6'x27' overhang porch area. The important essentials beyond the aesthetics of the home itself have all been addressed, ROOF, HVAC, WATER SOFTENER, GARAGE DOOR, CRAWL SPACE to name a few were all done in 2018/19. The land is truly special-10 acres featuring a stocked pond, maintained trails, and thoughtfully preserved areas for wildflowers, native plants, and trees. Take a walk to the edge of the property, and you might even be greeted by the neighboring horses.
Last Agent to Sell the Property
Janna Long Real Estate LLC License #RB16000347 Listed on: 10/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,702
Year Built
- Built in 1988
Lot Details
- 10 Acre Lot
- Rural Setting
- Mature Trees
- Wooded Lot
Parking
- 3 Car Garage
Property Views
- Pond
- Woods
Home Design
- Traditional Architecture
- Cedar
- Stone
Interior Spaces
- 2-Story Property
- Paddle Fans
- Gas Log Fireplace
- Family Room with Fireplace
- Combination Kitchen and Dining Room
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Updated Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Spa
- Balcony
- Deck
- Covered Patio or Porch
- Pole Barn
- Outdoor Gas Grill
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Private Water Source
- Gas Water Heater
- Water Purifier
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 41-07-29-034-015.001-019
- Assessor Parcel Number 410729034015001019
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2025
Closed on
Dec 12, 2025
Sold by
Weir Bridget J and Weir Nicholas
Bought by
Rash Kevin
Seller's Agent
Janna Long
Janna Long Real Estate LLC
Buyer's Agent
Janna Long
Janna Long Real Estate LLC
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.30%
Original Mortgage
$600,000
Outstanding Balance
$600,000
Interest Rate
6.17%
Mortgage Type
VA
Estimated Equity
-$314
Purchase Details
Listed on
Apr 25, 2018
Closed on
Jun 11, 2018
Sold by
Ladd Matthew and Ladd Lara
Bought by
Weir Bridget J and Weir Nicholas
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$299,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 2013
Sold by
Ladd Lara
Bought by
Ladd Matthew and Ladd Lara
Purchase Details
Closed on
Sep 2, 2009
Sold by
Stratton Lara
Bought by
Ladd Lara
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Franklin Title | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Centurion Land Title Inc | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | VA | |
| Previous Owner | $299,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | Sold | $600,000 | 0.0% | $251 / Sq Ft | |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- | |
| 10/15/2025 10/15/25 | For Sale | $599,900 | +90.4% | $251 / Sq Ft | |
| 06/11/2018 06/11/18 | Sold | $315,000 | +5.0% | $132 / Sq Ft | View Prior Sale |
| 04/30/2018 04/30/18 | Pending | -- | -- | -- | |
| 04/25/2018 04/25/18 | For Sale | $299,900 | -- | $125 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,702 | $354,900 | $129,900 | $225,000 |
| 2024 | $3,702 | $309,500 | $130,000 | $179,500 |
| 2023 | $3,804 | $314,500 | $130,000 | $184,500 |
| 2022 | $4,310 | $314,500 | $130,000 | $184,500 |
| 2021 | $4,093 | $278,100 | $129,500 | $148,600 |
| 2020 | $3,970 | $264,300 | $125,500 | $138,800 |
| 2019 | $3,806 | $264,300 | $125,500 | $138,800 |
| 2018 | $3,619 | $264,300 | $125,500 | $138,800 |
| 2017 | $3,521 | $263,200 | $125,500 | $137,700 |
| 2016 | $3,567 | $250,600 | $125,500 | $125,100 |
| 2014 | $2,978 | $247,200 | $125,500 | $121,700 |
| 2013 | $2,978 | $234,300 | $109,300 | $125,000 |
Source: Public Records
Agents Affiliated with this Home
-
Janna Long
-
Cal Findley
Seller's Agent in 2018
Cal Findley
Keller Williams Indy Metro S
(317) 408-8288
45 in this area
94 Total Sales
-
G
Buyer's Agent in 2018
Gregory Leugers
Keller Williams Indy Metro S
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22067053
APN: 41-07-29-034-015.001-019
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