$262,900
PENDING $2K PRICE DROP

3480 S Us Highway 31 Franklin, IN 46131

Estimated payment $1,502/month

Total Views 43,616
3 Beds
2 Baths
1,954 Sq Ft
$135 Price per Sq Ft

Highlights

  • 3 Acre Lot
  • No HOA
  • Family or Dining Combination
  • Ranch Style House
  • Eat-In Kitchen
  • Carpet

About This Home

Discover endless possibilities in this recently updated 3-bedroom, 2-bath residence, spanning 1954 sq ft on approximately 3 acres of land. Originally a prime Highway 31 location, this versatile property has been converted to residential use but retains the potential for retail or business purposes. The expansive interior offers modern comfort, while the large carport provides ample covered parking. Step outside to a huge deck overlooking a private backyard, creating a perfect space for relaxation or entertaining. With its strategic location and diverse potential, this property invites you to bring your ideas and turn them into the perfect blend of home and business. 5 Car Carport and a Shipping Container as Workshop/Shed. The canvas is ready-seize the opportunity! Residential variance is approved.

Last Listed By

Christopher Imel

eXp Realty, LLC Brokerage Email: Chris@ChrisImelRealtor.com License #RB20001277 Listed on: 01/22/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1919

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,954 Sq Ft Home
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Side Elementary School
  • Edinburgh Comm Middle School
  • Edinburgh Community High School

Additional Features

  • 3 Acre Lot
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number 411205024017000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1919
  • Building Area Total: 1954
  • Garage Y N: No
  • Lot Size Acres: 3
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Chris@ChrisImelRealtor.com
  • Attribution Contact: Chris@ChrisImelRealtor.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1954
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1954
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Other
  • List Price: 262900

Utilities

  • Cooling: None
  • Heating: Electric
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Edinburgh Comm Middle School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 130680
  • Parcel Number: 411205024017000004
  • Acres: 3-5 Acres
  • Price Acre: 87633

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1284
  • Tax Lot: 01
  • Semi Annual Property Tax Amt: 642

MLS Schools

  • Elementary School: East Side Elementary School
  • High School: Edinburgh Community High School

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 $1,621 $81,500 $33,800 $47,700
2023 $1,272 $63,900 $33,800 $30,100
2022 $1,299 $63,900 $33,800 $30,100
2021 $910 $61,200 $33,800 $27,400
2020 $1,003 $61,200 $33,800 $27,400
2019 $938 $59,500 $32,100 $27,400
2018 $1,585 $95,100 $58,100 $37,000
2017 $1,547 $94,200 $58,100 $36,100
2016 $1,482 $90,200 $58,100 $32,100
2014 $1,013 $90,900 $58,100 $32,800
2013 $1,013 $64,100 $31,300 $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $262,900 -0.8% $135 / Sq Ft
01/22/2025 01/22/25 For Sale $264,900 -- $136 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $24,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- Chicago Title
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22018880

MIBOR Broker Listing Cooperative®

APN: 41-12-05-024-017.000-004