$229,900

3664 S 550 E Franklin, IN 46131

Estimated payment $1,270/month

Total Views 4,121
2 Beds
1 Bath
984 Sq Ft
$234 Price per Sq Ft

Highlights

  • Mature Trees
  • Rural View
  • No HOA
  • Deck
  • Ranch Style House
  • Covered Patio or Porch

About This Home

Back on the Market as Basement completely waterproofed and warranted. Welcome to this beautifully updated 2-bedroom home with an office/den, offering nearly 1/2 an acre of peaceful country living just minutes from town and no HOA! Qualifies for USDA Financing. The entire home was renovated in 2025, featuring a gutted and fully redone kitchen and full bath, new doors, LVP flooring, fresh paint, modern light fixtures, and all new plumbing throughout. Enjoy a massive great room, dedicated dining area, and a 984 sq ft main level, plus a 792 sq ft unfinished basement with laundry and endless potential. Major upgrades include brand new septic tank lines to the home (2025), septic pumped this year, a new well and well pump, and a new sump pump and pit for added peace of mind. The roof is just 5 years old, with the section over the back of the home replaced 3 months ago. Outdoor amenities abound with a covered back deck with power for year-round enjoyment and a detached 660 sq ft 3+ car garage featuring a brand new garage door and opener. With ample space to roam, garden, or play, and the freedom to personalize your property, this move-in ready home is a must-see-schedule your showing today!

Listing Agent

Lana Parker

Carpenter, REALTORS® Brokerage Email: lparker@callcarpenter.com License #RB15001385 Listed on: 07/08/2025

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Rural Setting
  • Mature Trees

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 984 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Vinyl Plank Flooring
  • Rural Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 411205031030000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,046

Year Built

Built in 1958 | Remodeled

Lot Details

0.39 Acres

Parking

3

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: 1776
  • Garage Y N: Yes
  • Lot Size Acres: 0.39
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: lparker@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Full, Unfinished
  • Appliances: MicroHood, Microwave, Electric Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, WoodWorkStain/Painted
  • Living Area: 984
  • Other Equipment: Smoke Alarm
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 984
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Block, Full
  • Patio And Porch Features: Covered, Deck, Porch
  • Property Condition: Updated/Remodeled
  • View: Rural
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Gravel, Garage Door Opener, Storage, Tandem

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Edinburgh Comm Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 16771
  • Parcel Number: 411205031030000004
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1046
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 523
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $987 $169,700 $22,600 $147,100
2024 $987 $127,400 $22,600 $104,800
2023 $948 $127,400 $22,600 $104,800
2022 $995 $120,300 $22,600 $97,700
2021 $538 $100,600 $20,600 $80,000
2020 $478 $89,900 $19,900 $70,000
2019 $391 $83,200 $18,000 $65,200
2018 $407 $80,300 $18,000 $62,300
2017 $378 $79,500 $18,000 $61,500
2016 $483 $87,600 $18,000 $69,600
2014 $471 $90,800 $18,000 $72,800
2013 $471 $90,800 $18,000 $72,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 For Sale $229,900 0.0% $234 / Sq Ft
07/31/2025 07/31/25 Off Market $229,900 -- --
07/08/2025 07/08/25 For Sale $229,900 -- $234 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22049120

MIBOR Broker Listing Cooperative®

APN: 41-12-05-031-030.000-004

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