$1,300,000

5586 S 200 E Franklin, IN 46131

Estimated payment $7,777/month

Total Views 182
3 Beds
3.5 Baths
3,827 Sq Ft
$340 Price per Sq Ft

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

Jason Barnhizer

Keller Williams Indy Metro S Brokerage Email: jasonbarnhizer@kw.com License #RB18001236 Listed on: 06/23/2025

Keller Williams Indy Metro S

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,418

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1998
  • Building Area Total: 3827
  • Garage Y N: Yes
  • Lot Size Acres: 10
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jasonbarnhizer@kw.com
  • Attribution Contact: jasonbarnhizer@kw.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 784
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3827
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2086
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 957
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 1300000
  • Patio And Porch Features: Open Patio
  • Pool Features: Above Ground
  • Pool Private Y N: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 874

Utilities

  • Heating: Forced Air, Geothermal
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 435600
  • Parcel Number: 411115041024002020
  • Acres: 10-20 Acres
  • Price Acre: 130000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6418
  • Tax Lot: 41-11-15-041-024.002-020
  • Semi Annual Property Tax Amt: 3209
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,300,000 -- $340 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed -- Denali Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $300,722 FHA
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22046794

MIBOR Broker Listing Cooperative®

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