Michelle McClain
Smythe & Co, Inc
(844) 254-3213
50 Total Sales
20 in Franklin
$70K - $688K Price Range
2035 S 550 E Franklin, IN 46131
Franklin AreaEstimated Value: $883,000 - $928,072
3
Beds
3.5
Baths
3,746
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Home Theater
- 10 Acre Lot
- Freestanding Bathtub
- Pond View
- Craftsman Architecture
- Engineered Wood Flooring
About This Home
As of June 2026Custom-built Craftsman-style home on 10 scenic acres in Franklin featuring an open-concept layout with 11-foot ceilings, exposed wood beams, and expansive windows with water views. Kitchen includes granite countertops, custom cabinetry, eat-in area, and a compliment of kitchen appliances. Main-level primary suite offers pond views, clawfoot tub, tiled shower, and two walk-in closets. Upstairs includes theater room, bonus room, and office added in 2020. Outdoor features include patio overlooking a 2-acre stocked pond, approximately 3 wooded acres, and a 66x50 pole barn with concrete floor, electricity, water, and car lift. Recent updates include flooring, Trane HVAC (2020), water softener (2023), and gas fireplace insert (2023). Convenient access to I-65, Franklin, Columbus, and Downtown Indy. Showings by appointment only. No sign in yard. Please do not drive back to the home without an appointment. Property has cameras for security.
Last Agent to Sell the Property
Keller Williams Indy Metro Partners Brokerage Email: 6679797@gmail.com License #RB14040236 Listed on: 05/01/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,808
Year Built
- Built in 2017
Lot Details
- 10 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Craftsman Architecture
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Woodwork
- High Ceiling
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Family Room with Fireplace
- Home Theater
- Pond Views
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Convection Oven
- Induction Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Freestanding Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Basement
- Sump Pump
- Crawl Space
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Private Water Source
- Electric Water Heater
- Water Softener is Owned
- Fuel Tank
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 410732012001002019
- Assessor Parcel Number 410732012001002019
- Seller Concessions Not Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2026
Closed on
Jun 12, 2026
Sold by
Sims Michael and Sims Stacy L
Bought by
Seller's Agent
Stacy Sims
Keller Williams Indy Metro Partners
Buyer's Agent
Deana Hawkins
Carpenter, REALTORS®
List Price
$925,000
Sold Price
$925,000
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,982
Avg. Annual Appreciation
-5.08%
Original Mortgage
$740,000
Outstanding Balance
$740,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$173,018
Purchase Details
Closed on
Apr 30, 2020
Sold by
Wood Michael R and Wood Donna
Bought by
Sims Michael D and Sims Stacy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2016
Sold by
Wentzel Mark A and Wentzel Mary
Bought by
Wood Michael R and Wood Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.94%
Mortgage Type
Construction
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Franklin, IN
-
Michelle McClain
-
Derrin Phoenix
Derrin Phoenix
Carpenter, REALTORS®
(833) 983-5492
178 Total Sales
3 in Franklin
$230K - $270K Price Range
-
Shaloo Munjaal
Shaloo Munjaal
Berkshire Hathaway Home
(888) 612-6806
51 Total Sales
1 in Franklin
$430,000 Price
-
Deana Sutton
Deana Sutton
(219) 444-0322
45 Total Sales
1 in Franklin
$202,500 Price
-
Jess Martin
Jess Martin
Maywright Property Co.
(877) 270-2489
175 Total Sales
1 in Franklin
$409,000 Price
-
Erin Phillips
Erin Phillips
RE/MAX Real Estate Groups
(765) 789-5635
134 Total Sales
2 in Franklin
$464,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Alliance Title | ||
| Sims Michael D | -- | Chicago Title | |
| Wood Michael R | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $740,000 | ||
| Previous Owner | Sims Michael D | $508,000 | |
| Previous Owner | Sims Michael D | $510,000 | |
| Previous Owner | Wood Michael R | $97,000 | |
| Previous Owner | Wood Michael R | $356,000 | |
| Previous Owner | Wood Michael R | $352,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2026 06/12/26 | Sold | $925,000 | 0.0% | $247 / Sq Ft |
| 05/10/2026 05/10/26 | Pending | -- | -- | -- |
| 05/01/2026 05/01/26 | For Sale | $925,000 | -- | $247 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,807 | $655,700 | $129,900 | $525,800 |
| 2024 | $7,127 | $584,600 | $130,000 | $454,600 |
| 2023 | $7,258 | $591,000 | $130,000 | $461,000 |
| 2022 | $7,877 | $595,500 | $130,000 | $465,500 |
| 2021 | $7,358 | $532,800 | $129,500 | $403,300 |
| 2020 | $6,747 | $475,100 | $125,500 | $349,600 |
| 2019 | $6,663 | $476,500 | $125,500 | $351,000 |
| 2018 | $3,993 | $457,600 | $125,500 | $332,100 |
| 2017 | $2,104 | $104,000 | $104,000 | $0 |
| 2016 | $2,199 | $104,000 | $104,000 | $0 |
| 2014 | $2,112 | $104,000 | $104,000 | $0 |
| 2013 | $2,112 | $104,000 | $104,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stacy Sims
Seller's Agent in 2026
Stacy Sims
Keller Williams Indy Metro Partners
(317) 667-9797
22 Total Sales
-
Deana Hawkins
Buyer's Agent in 2026
Deana Hawkins
Carpenter, REALTORS®
(317) 748-1285
120 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22093772
APN: 41-07-32-012-001.002-019
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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