5586 S 200 E Franklin, IN 46131
Estimated payment $6,010/month
Total Views
6,458
3
Beds
3.5
Baths
3,827
Sq Ft
$261
Price per Sq Ft
Highlights
- Above Ground Pool
- No HOA
- Forced Air Heating and Cooling System
- Vaulted Ceiling
- 3 Car Attached Garage
- Combination Kitchen and Dining Room
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 with 3 bedrooms with potential for 6 bedrooms, 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 License #RB18001236 Listed on: 06/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,418
Year Built
- Built in 1998
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
- Basement
Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Geothermal Heating and Cooling
- Electric Water Heater
Additional Features
- Above Ground Pool
- 10 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 41-11-15-041-024.002-020
- Assessor Parcel Number 411115041024002020
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $999,900 | -23.1% | $261 / Sq Ft |
| 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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | New Conventional | |
| Closed | $300,722 | FHA |
Source: Public Records
Similar Homes in Franklin, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046794
APN: 41-11-15-041-024.002-020
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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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