551 E Adams St Franklin, IN 46131
Franklin AreaEstimated payment $1,941/month
Highlights
- Traditional Architecture
- No HOA
- Eat-In Kitchen
- High Ceiling
- Covered Patio or Porch
- Woodwork
About This Home
Historic charm and modern updates come together in this beautifully refreshed home on a quiet street in downtown Franklin. Leave the car at home and you're still only a 5-10 minute jaunt to Franklin College, restaurants, shops, and local attractions. You'll enjoy the convenience of downtown living with a peaceful neighborhood feel. Offering 2 large bedrooms with potential for a 3rd or dedicated office, etc, the flexible floor plan can adapt to your needs. Soaring 10-foot ceilings, a formal dining room, and a fully updated eat-in kitchen with granite countertops create a warm and inviting space. Over $60,000 of Improvements in the last year include new windows and exterior doors, fresh paint, new carpet, custom closet systems in two closets, a brand-new washer/dryer combo, and Mitsubishi mini-split heating and cooling units upstairs. Water heater is only 2 years old! Outside, you'll find a large privacy-fenced backyard and the added convenience of off-street parking-a rare find this close to downtown. Move-in ready, this home offers the perfect blend of historic charm, modern comfort, and an unbeatable location. 12 month home warranty included.
Listing Agent
CENTURY 21 Scheetz Brokerage Email: elyssa@c21scheetz.com License #RB19002036 Listed on: 07/30/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,518
Year Built
- Built in 1900
Lot Details
- 6,055 Sq Ft Lot
Home Design
- Traditional Architecture
- Victorian Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Woodwork
- High Ceiling
- Paddle Fans
- Entrance Foyer
- Basement Cellar
- Smart Thermostat
Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Shed
- Storage Shed
Schools
- Northwood Elementary School
- Franklin Community Middle School
- Custer Baker Intermediate School
- Franklin Community High School
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 410814041125000009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,518 | $262,500 | $12,600 | $249,900 |
| 2024 | $4,792 | $216,600 | $12,600 | $204,000 |
| 2023 | $2,113 | $190,300 | $12,600 | $177,700 |
| 2022 | $1,454 | $133,300 | $12,600 | $120,700 |
| 2021 | $1,325 | $122,100 | $10,200 | $111,900 |
| 2020 | $1,112 | $103,600 | $10,200 | $93,400 |
| 2019 | $987 | $95,100 | $10,200 | $84,900 |
| 2018 | $936 | $95,500 | $10,600 | $84,900 |
| 2017 | $897 | $91,400 | $10,600 | $80,800 |
| 2016 | $976 | $90,200 | $10,600 | $79,600 |
| 2014 | $810 | $96,000 | $10,000 | $86,000 |
| 2013 | $810 | $87,700 | $10,000 | $77,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $320,000 | +48.8% | $169 / Sq Ft | |
| 04/21/2022 04/21/22 | Sold | $215,000 | 0.0% | $114 / Sq Ft | View Prior Sale |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | -- | -- | -- | |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- | |
| 02/24/2022 02/24/22 | For Sale | -- | -- | -- | |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- | |
| 02/16/2022 02/16/22 | Off Market | $215,000 | -- | -- | |
| 02/14/2022 02/14/22 | For Sale | $199,900 | +76.9% | $106 / Sq Ft | |
| 03/05/2018 03/05/18 | Sold | $113,000 | -5.4% | $60 / Sq Ft | View Prior Sale |
| 08/01/2017 08/01/17 | Price Changed | $119,500 | 0.0% | $63 / Sq Ft | |
| 08/01/2017 08/01/17 | For Sale | $119,500 | +5.8% | $63 / Sq Ft | |
| 05/11/2017 05/11/17 | Off Market | $113,000 | -- | -- | |
| 04/25/2017 04/25/17 | For Sale | $116,500 | +3.1% | $62 / Sq Ft | |
| 04/25/2017 04/25/17 | Off Market | $113,000 | -- | -- | |
| 04/21/2017 04/21/17 | For Sale | $116,500 | -- | $62 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $215,000 | Hall Render Killian Heath & Ly | |
| Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Ltic |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $204,250 | New Conventional | |
| Previous Owner | $90,440 | New Conventional | |
| Previous Owner | $90,400 | New Conventional | |
| Previous Owner | $84,700 | New Conventional | |
| Previous Owner | $18,800 | Credit Line Revolving | |
| Previous Owner | $91,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $91,000 | Adjustable Rate Mortgage/ARM |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22110409
APN: 41-08-14-041-125.000-009
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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