315 Schoolhouse Rd Franklin, IN 46131
Estimated payment $1,162/month
Highlights
- Ranch Style House
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- No HOA
- Eat-In Kitchen
- Combination Kitchen and Dining Room
About This Home
***PRICE IMPROVEMENT***This home provides ample space for relaxation and everyday living. Imagine arranging your favorite furniture and decor to make this home uniquely YOU! The property includes three bedrooms, Envision each bedroom as a private sanctuary, designed to promote restful sleep and peaceful mornings. This 1 car garage is actually deep enough for 3 cars!! and offering outdoor space for gardening, recreation, or simply enjoying the fresh air. Picture yourself enjoying the outdoors, creating a vibrant garden, or hosting gatherings in your own backyard. With NO HOA! House is in a Flood Plain- Seller is willing to pay for Buyer's 1st year of flood Insurance. Estimated Flood Insurance was $845 a year.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,934
Year Built
- Built in 1958
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 1,450 Sq Ft Home
- Paddle Fans
- Combination Kitchen and Dining Room
- Laminate Flooring
- Attic Access Panel
Kitchen
- Eat-In Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Additional Features
- 5,998 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lochry Subdivision
Listing and Financial Details
- Tax Lot 149
- Assessor Parcel Number 410811032159000009
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,933 | $208,200 | $17,300 | $190,900 |
| 2024 | $1,933 | $176,300 | $17,300 | $159,000 |
| 2023 | $1,869 | $168,800 | $17,300 | $151,500 |
| 2022 | $1,861 | $166,100 | $17,300 | $148,800 |
| 2021 | $1,562 | $143,100 | $17,300 | $125,800 |
| 2020 | $1,288 | $119,300 | $15,500 | $103,800 |
| 2019 | $1,263 | $117,100 | $8,400 | $108,700 |
| 2018 | $666 | $74,900 | $8,400 | $66,500 |
| 2017 | $664 | $74,900 | $8,400 | $66,500 |
| 2016 | $791 | $98,000 | $8,400 | $89,600 |
| 2014 | $839 | $79,300 | $12,000 | $67,300 |
| 2013 | $839 | $84,400 | $12,000 | $72,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $188,000 | -2.1% | $130 / Sq Ft | |
| 08/22/2025 08/22/25 | Price Changed | $192,000 | -3.0% | $132 / Sq Ft | |
| 08/08/2025 08/08/25 | Price Changed | $198,000 | -3.4% | $137 / Sq Ft | |
| 07/17/2025 07/17/25 | Price Changed | $205,000 | -4.7% | $141 / Sq Ft | |
| 06/24/2025 06/24/25 | Price Changed | $215,000 | -4.4% | $148 / Sq Ft | |
| 05/26/2025 05/26/25 | For Sale | $225,000 | +123.0% | $155 / Sq Ft | |
| 06/28/2018 06/28/18 | Sold | $100,900 | +1.0% | $70 / Sq Ft | View Prior Sale |
| 05/22/2018 05/22/18 | Pending | -- | -- | -- | |
| 05/17/2018 05/17/18 | For Sale | $99,900 | +33.4% | $69 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $74,900 | 0.0% | $52 / Sq Ft | View Prior Sale |
| 10/10/2016 10/10/16 | Off Market | $74,900 | -- | -- | |
| 10/07/2016 10/07/16 | Pending | -- | -- | -- | |
| 09/15/2016 09/15/16 | Price Changed | $74,900 | -5.8% | $52 / Sq Ft | |
| 07/08/2016 07/08/16 | For Sale | $79,500 | +6.1% | $55 / Sq Ft | |
| 07/01/2016 07/01/16 | Off Market | $74,900 | -- | -- | |
| 07/01/2016 07/01/16 | Pending | -- | -- | -- | |
| 06/03/2016 06/03/16 | Price Changed | $79,500 | -11.2% | $55 / Sq Ft | |
| 05/13/2016 05/13/16 | Price Changed | $89,500 | -2.2% | $62 / Sq Ft | |
| 05/02/2016 05/02/16 | For Sale | $91,500 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $35,701 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $97,873 | New Conventional | |
| Previous Owner | $73,542 | FHA | |
| Closed | $0 | No Value Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22041186
APN: 41-08-11-032-159.000-009
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.
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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