3664 S 550 E Franklin, IN 46131
Estimated payment $1,356/month
Total Views
2,949
2
Beds
1
Bath
984
Sq Ft
$234
Price per Sq Ft
Highlights
- Mature Trees
- Ranch Style House
- Formal Dining Room
- Rural View
- No HOA
- 3 Car Detached Garage
About This Home
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!
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
- Tandem Parking
- Garage Door Opener
Home Design
- Ranch Style House
- Block Foundation
- Vinyl Siding
Interior Spaces
- 984 Sq Ft Home
- Woodwork
- Formal Dining Room
- Rural Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Galley Kitchen
- Electric Oven
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- East Side Elementary School
- Edinburgh Comm Middle School
- Edinburgh Community High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 411205031030000004
Map
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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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Similar Homes in Franklin, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049120
APN: 41-12-05-031-030.000-004
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