4866 E 500 S Franklin, IN 46131
5
Beds
5
Baths
4,877
Sq Ft
11.66
Acres
Highlights
- 11.66 Acre Lot
- Cathedral Ceiling
- Thermal Windows
- Traditional Architecture
- Wood Flooring
- 3 Car Attached Garage
About This Home
As of May 2022Original owner, 11 private wooded acres, 5 bedrooms, 3+baths, walk-out lower level and a master suite w/ sitting room, jetted tub/full shower. 9’ ceilings on the main floor, some hardwood floors, spacious family kitchen w/ custom hickory cabinetry/walk-in pantry, laundry room w/ two hookups for dryer, 2020 geothermal heat, 2021 well pump, 2021 septic pump, 35 year shingles – super low utilities! All doors are 3 lock system & locked storage room off garage/46’ deck off back. Abundant wildlife right out your back door!
Last Agent to Sell the Property
Jobea Trefny
Carpenter, REALTORS® Listed on: 12/07/2021
Last Buyer's Agent
Pat Watkins
Mike Watkins Real Estate Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,844
Year Built
- Built in 1999
Parking
- 3 Car Attached Garage
- Gravel Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Woodwork
- Cathedral Ceiling
- Thermal Windows
- Attic Access Panel
Kitchen
- Oven
- Electric Cooktop
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Central Air
- Geothermal Heating and Cooling
- Well
- Septic Tank
- Cable TV Available
Additional Features
- Outdoor Storage
- 11.66 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 411207044008000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2021
Closed on
May 20, 2022
Sold by
Heck Mark A and Heck Terri L
Bought by
Freeman David L and Freeman Beth A
Seller's Agent
Jobea Trefny
Carpenter, REALTORS®
Buyer's Agent
Pat Watkins
Mike Watkins Real Estate Group
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$541,500
Outstanding Balance
$515,220
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$109,428
Similar Homes in Franklin, IN
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
Average Home Value in this Area
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
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®
Tax History Compared to Growth
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 | $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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Pat Watkins
Mike Watkins Real Estate Group
(317) 698-9566
616 Total Sales
-
C
Seller Co-Listing Agent in 2025
Christopher Watkins
Mike Watkins Real Estate Group
(317) 534-8485
351 Total Sales
-
J
Seller's Agent in 2022
Jobea Trefny
Carpenter, REALTORS®
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21827851
APN: 41-12-07-044-008.000-004
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