$215,000
$10K PRICE DROP

315 Schoolhouse Rd Franklin, IN 46131

Estimated payment $1,354/month

Total Views 8,516
3 Beds
1 Bath
1,450 Sq Ft
$148 Price per Sq Ft

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating System

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.

Listing Agent

Deanna Bauer

Libertad Real Estate Co., LLC Brokerage Email: deanna@libertadproperties.com License #RB14039786 Listed on: 05/26/2025

Co-Listing Agent

Edgar Ibanez

Libertad Real Estate Co., LLC Brokerage Email: deanna@libertadproperties.com

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
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered patio or porch
  • 5,998 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lochry Subdivision

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 410811032159000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1958
  • Building Area Total: 1450
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Lochry
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: deanna@libertadproperties.com
  • Attribution Contact: deanna@libertadproperties.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Paddle Fan, Eat-in Kitchen, Windows Vinyl
  • Living Area: 1450
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1450
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Exterior Features: Not Applicable
  • Foundation Details: Slab
  • List Price: 215000
  • Patio And Porch Features: Covered Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 275

Utilities

  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5998
  • Parcel Number: 410811032159000009
  • Acres: <1/4 Acre
  • Price Acre: 1535714

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1934
  • Tax Lot: 149
  • Semi Annual Property Tax Amt: 967
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Sheriffs Deed $35,701 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,728 FHA
Closed $97,873 New Conventional
Previous Owner $73,542 FHA
Closed $0 No Value Available
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22041186

MIBOR Broker Listing Cooperative®

APN: 41-08-11-032-159.000-009