
5586 S 200 E Franklin, IN 46131
Estimated payment $7,777/month
Highlights
- Above Ground Pool
- No HOA
- Patio
- Vaulted Ceiling
- 3 Car Attached Garage
- Forced Air Heating System
About This Home
Welcome to 5586 S 200 E, Franklin, Indiana - where space, comfort, and quality meet. Situated on 10 beautiful acres, this 3,827 sq ft home offers room to grow, entertain, and enjoy country living without sacrificing modern convenience. The spacious interior features vaulted ceilings in the living room and entryway, a handsome exposed beam, and an open layout ideal for everyday living. The ceramic-tiled kitchen is both functional and inviting, with plenty of space for cooking and gathering. Two large bonus rooms offer endless flexibility - whether you need a home office, gym, playroom, or guest space. A walkout basement leads to three multi-level patios, perfect for outdoor dining or relaxing evenings. Energy efficiency is a major perk here, thanks to central air and two geothermal systems that help keep utility costs in check. Outside, enjoy an above-ground pool, an 874 sq ft attached garage, and a detached pole barn for additional storage, workshop space, or hobbies. Whether you're looking for a private retreat, a functional homestead, or just extra breathing room, this property has it all - located conveniently
Listing Agent
Keller Williams Indy Metro S Brokerage Email: jasonbarnhizer@kw.com License #RB18001236 Listed on: 06/23/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,418
Year Built
- Built in 1998
Lot Details
- 10 Acre Lot
Parking
- 3 Car Attached Garage
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Vinyl Construction Material
Interior Spaces
- 3-Story Property
- Vaulted Ceiling
- Family Room with Fireplace
- Combination Kitchen and Dining Room
- Carpet
- Basement
Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Above Ground Pool
- Patio
Utilities
- Forced Air Heating System
- Geothermal Heating and Cooling
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 41-11-15-041-024.002-020
- Assessor Parcel Number 411115041024002020
Map
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 | $6,418 | $716,900 | $142,600 | $574,300 |
2023 | $5,986 | $682,400 | $142,600 | $539,800 |
2022 | $5,882 | $631,100 | $134,100 | $497,000 |
2021 | $4,667 | $493,900 | $125,500 | $368,400 |
2020 | $4,071 | $488,700 | $125,500 | $363,200 |
2019 | $3,690 | $450,200 | $125,500 | $324,700 |
2018 | $3,335 | $410,200 | $125,500 | $284,700 |
2017 | $3,371 | $409,500 | $125,500 | $284,000 |
2016 | $3,225 | $394,700 | $125,500 | $269,200 |
2014 | $3,076 | $389,400 | $125,500 | $263,900 |
2013 | $3,076 | $387,300 | $125,500 | $261,800 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/23/2025 06/23/25 | For Sale | $1,300,000 | -- | $340 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | Denali Title | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $300,000 | New Conventional | |
Previous Owner | $300,722 | FHA |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046794

APN: 41-11-15-041-024.002-020
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