$262,900
PENDING $2K PRICE DROP

3480 S Us Highway 31 Franklin, IN 46131

Estimated payment $1,559/month

Total Views 43,692
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.

Listing Agent

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

Similar Homes in Franklin, IN

  • 1058 Creekwood Ln, Franklin, IN 46131

    $279,000

    • 3 Beds
    • 2 Baths
    • 1,239 Sq Ft
    • 1058 Creekwood Ln
    • Franklin, IN

    Welcome to this charming and move-in-ready 3-bedroom, 2-bath ranch home in Franklin-offering 1,239 square feet of comfortable living space, a new HVAC system, new roof, and best of all, no HOA! Perfect for those seeking a peaceful lifestyle with the freedom to enjoy their property to the fullest. Inside, you'll find stylish and easy-to-maintain laminate hardwood flooring throughout-no carpet in

    Cindy Stockhaus Better Homes and Gardens Real Estate Gold Key

    Section Image
  • 597 W Adams St, Franklin, IN 46131

    $315,000

    • 3 Beds
    • 2 Baths
    • 2,372 Sq Ft
    • 597 W Adams St
    • Franklin, IN

    Located in the heart of Historic Downtown Franklin, this beautifully updated home blends timeless character with modern comfort. Just steps from local restaurants, coffee shops, live music, and scenic parks, you'll enjoy the vibrant lifestyle this coveted town offers. This home features 3 spacious bedrooms and 2 full baths, including a master suite on the main level with a large, walk-in closet.

    Janet Giles Your Realty Link, LLC

    Section Image
  • 2485 Bristol Dr, Franklin, IN 46131

    $314,900

    • 4 Beds
    • 2.5 Baths
    • 2,324 Sq Ft
    • 2485 Bristol Dr
    • Franklin, IN

    Ready for a delightful surprise? Here you'll find a single-family residence that's not just a house, but an inviting home waiting to be filled with laughter and life, ready for you to move right in. So many new updates the kitchen has new quartz countertops, new sinks, all the bedrooms and stairs have new carpet. The main living area and upstairs baths have new LVP flooring and quarter round,

    Petina Brozek Indy House and Home

    Section Image
  • 1093 Country Meadow Ct, Franklin, IN 46131

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,272 Sq Ft
    • 1093 Country Meadow Ct
    • Franklin, IN

    Nestled in the Meadows at Simon Farms, this move-in ready 3-bedroom, 2-bath ranch at 1093 Country Meadow Ct in Franklin, IN offers the perfect blend of style and ease. Fresh paint and new flooring flow throughout an open-concept living area, while crisp quartz countertops and sleek stainless steel appliances-including refrigerator, dishwasher, electric range, and microwave hood-anchor a kitchen

    James Abner eXp Realty, LLC

    Section Image
  • 2911 N 200 W, Franklin, IN 46131

    $280,000

    • 4 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 2911 N 200 W
    • Franklin, IN

    Spacious, Some Updates, and No HOA! This 4-bedroom, 2.5-bath home sits on a generous half-acre lot in Johnson County and offers the perfect blend of modern updates and peaceful country charm. The split bedroom floor plan provides privacy and comfort, while the open concept living and dining area creates a great flow for entertaining. The kitchen stands out with stunning live edge countertops,

    Nancy Warfield F.C. Tucker Company

    Section Image
  • 2777 S 600 E, Franklin, IN 46131

    $295,000

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • 2777 S 600 E
    • Franklin, IN

    Welcome to 2777 S 600 E-a spacious 4-bedroom, 2-bath bi-level home on a combined 1.2-acre lot just minutes from downtown Franklin. This well-maintained home features a large upper-level living room perfect for entertaining. The updated kitchen contains maple cabinets and an eat-in area with direct access to a nice deck perfect for outdoor dining. New windows were installed in 2019 as well as a

    Sara Brown Carpenter, REALTORS®

    Section Image
  • 535 S 450 E, Franklin, IN 46131

    $250,000

    • 3 Beds
    • 1.5 Baths
    • 1,631 Sq Ft
    • 535 S 450 E
    • Franklin, IN

    Wonderful Bedford Stone Ranch on Rural Corner Lot Close to Downtown Franklin & I65. This Home Features 3 Bedrooms & 1.5 Baths w/ Oversized 2 Car Detached Garage & Over 1600 Square Feet. Yes, the Home Needs Some Updating, but it's Well Maintained & Ready for Refresh. Outside: Property is Located Just South of Downtown Franklin & Sits on a Corner Lot w/ Beautiful Mature Trees Overlooking the

    Matthew Kresse Red Oak Real Estate Group

    Section Image
  • 153 Terrace Ct, Franklin, IN 46131

    $329,000

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 153 Terrace Ct
    • Franklin, IN

    This is a MUST SEE! House was completely remodeled and has been kept in immaculate condition. Inside it's an artful mix of modern and rustic decor. Kitchen has granite counter tops, statement lighting, stainless steel and black appliances. Beautiful barn doors cover the laundry closet. Customizable shelving in the closets, recessed lighting in family room, custom blinds throughout house,

    Neil Tremblett F.C. Tucker Company

    Section Image
  • 421 Reagan Cir, Franklin, IN 46131

    $208,000

    • 2 Beds
    • 1 Bath
    • 1,048 Sq Ft
    • 421 Reagan Cir
    • Franklin, IN

    Beautiful home in a 55+ Community. Very well maintained. New roof as of 2024. Close to town and close to I-65.

    Kimberly Borders Carpenter, REALTORS®

    Section Image

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22018880

MIBOR Broker Listing Cooperative®

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