4866 E 500 S Franklin, IN 46131
Estimated payment $4,940/month
Total Views
5,776
5
Beds
5
Baths
4,877
Sq Ft
$164
Price per Sq Ft
Highlights
- 11.66 Acre Lot
- Wood Flooring
- Double Oven
- Mature Trees
- No HOA
- 3 Car Attached Garage
About This Home
Discover this stunning custom-built 2-story home nestled on 11.66 beautifully wooded acres with a peaceful creek running through the property. Perfect for nature lovers, this serene retreat is teeming with wildlife including deer, birds, and other native animals. Recently remodeled from top to bottom, this 5-bedroom, 5 bathroom home offers modern luxury, timeless charm, and exceptional privacy. Upstairs, the expansive primary suite is a true oasis featuring a private sitting room, two large walk-in closets (plus an additional closet), a spa-inspired ensuite bath with a custom tile shower and seamless glass door, freestanding soaking tub, double vanity with pullman-height counters, and bidet. Step onto your private deck and enjoy breathtaking morning views of your wooded backyard. Four additional bedrooms and two fully remodeled baths complete the upper level. The main floor showcases an open-concept layout with a dream kitchen that includes a massive 10' x 3.6' island with a butcher block top and vegetable sink, custom hood fan, farm sink, walk-in pantry, tile backsplash, stainless steel appliances, touchless faucets, and designer lighting. Beautiful hardwood floors and new luxury vinyl plank flooring extend throughout. Additional features include a finished side-load 3-car garage, three 50-gallon water heaters, (2) 200-amp service panels, and high-speed fiber internet. The 46x12 main deck is perfect for entertaining or relaxing. The walk-out basement features a large family room, remodeled half-bath with plumbing for a full bath, and two flexible rooms ideal for a home office, gym, or creative space. The entire basement has been freshly drywalled and painted. Energy-efficient geothermal system installed 10/27/2020. Don't miss this one-of-a-kind property that combines modern living with natural beauty. Schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,080
Year Built
- Built in 1999
Lot Details
- 11.66 Acre Lot
- Rural Setting
- Irregular Lot
- Mature Trees
- Wooded Lot
- Additional Parcels
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Block Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Woodwork
- Paddle Fans
- Entrance Foyer
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Cooktop
- Range Hood
- Dishwasher
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Finished Basement
- Partial Basement
- 9 Foot Basement Ceiling Height
Outdoor Features
- Shed
- Storage Shed
Schools
- East Side Elementary School
- Edinburgh Comm Middle School
- Edinburgh Community High School
Utilities
- Central Air
- Geothermal Heating and Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 411207044008000004
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 |
|---|---|---|---|---|
| 2025 | $4,743 | $528,700 | $43,300 | $485,400 |
| 2024 | $4,743 | $424,800 | $43,300 | $381,500 |
| 2023 | $4,570 | $424,800 | $43,300 | $381,500 |
| 2022 | $4,183 | $356,900 | $43,300 | $313,600 |
| 2021 | $2,591 | $308,700 | $39,400 | $269,300 |
| 2020 | $2,844 | $307,700 | $38,400 | $269,300 |
| 2019 | $2,179 | $253,500 | $35,400 | $218,100 |
| 2018 | $2,153 | $239,600 | $35,200 | $204,400 |
| 2017 | $2,115 | $240,600 | $35,200 | $205,400 |
| 2016 | $2,283 | $245,900 | $35,200 | $210,700 |
| 2014 | $2,231 | $255,600 | $35,200 | $220,400 |
| 2013 | $2,231 | $258,000 | $35,200 | $222,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $799,900 | +40.3% | $164 / Sq Ft |
| 05/20/2022 05/20/22 | Sold | $570,000 | -12.3% | $117 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $650,000 | -- | $133 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $570,000 | Chicago Title | |
| Warranty Deed | $570,000 | Chicago Title | |
| Warranty Deed | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $541,500 | New Conventional | |
| Closed | $541,500 | New Conventional |
Source: Public Records
Similar Homes in Franklin, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049683
APN: 41-12-07-044-008.000-004
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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