$229,000
$21K PRICE DROP

863 S 450 E Franklin, IN 46131

Estimated payment $1,342/month

Total Views 5,770
3 Beds
1 Bath
1,232 Sq Ft
$186 Price per Sq Ft

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Vinyl Plank Flooring
  • Family or Dining Combination

About This Home

Welcome to 863 S 450! This 3 bedroom, 1 bath home sits on just under a half-acre in the sought-after Franklin school district. With plenty of yard space to spread out, a comfortable floor plan, and a location that keeps you close to schools, parks, and town amenities, it's the kind of property that feels both convenient and inviting. The home is being sold AS IS, giving you a straightforward opportunity to make it your own while enjoying the space and convenience this Franklin address provides If you've been looking for a place that combines charm, space, and a great setting-this is the one.

Listing Agent

Kristina McIninch

Erin Anderson Realty License #RB20001422 Listed on: 09/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1968

Lot Details

  • 0.44 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Family or Dining Combination
  • Vinyl Plank Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Needham Elementary School
  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 410719034015000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1968
  • Building Area Total: 1232
  • Garage Y N: Yes
  • Lot Size Acres: 0.44
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Pull Down Stairs
  • Living Area: 1232
  • Spa Y N: No
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1232
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Fencing: Chain Link
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Fuel: Propane Leased

Utilities

  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 19249
  • Parcel Number: 410719034015000017
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1594
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 797
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Needham Elementary School
  • High School: Franklin Community High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,593 $229,200 $25,700 $203,500
2024 $1,593 $182,200 $26,000 $156,200
2023 $1,499 $175,100 $26,000 $149,100
2022 $1,723 $175,100 $26,000 $149,100
2021 $1,244 $134,800 $22,500 $112,300
2020 $970 $115,800 $19,700 $96,100
2019 $928 $115,800 $19,700 $96,100
2018 $895 $116,800 $19,700 $97,100
2017 $881 $115,800 $19,700 $96,100
2016 $837 $107,100 $19,700 $87,400
2014 $747 $105,200 $19,700 $85,500
2013 $747 $111,300 $19,700 $91,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2025 10/21/25 Price Changed $229,000 -4.6% $186 / Sq Ft
09/27/2025 09/27/25 Price Changed $240,000 -4.0% $195 / Sq Ft
09/19/2025 09/19/25 For Sale $250,000 +19.9% $203 / Sq Ft
08/05/2024 08/05/24 Sold $208,500 -4.8% $169 / Sq Ft View Prior Sale
07/05/2024 07/05/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $219,000 +247.6% $178 / Sq Ft
03/17/2016 03/17/16 Off Market $63,000 -- --
11/07/2013 11/07/13 Sold $63,000 -29.9% $51 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $89,900 -- $73 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security Title
Deed $63,000 --
Special Warranty Deed -- None Available
Sheriffs Deed $125,530 None Available
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,255 New Conventional
Open $202,245 New Conventional
Previous Owner $106,043 FHA
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22063694

MIBOR Broker Listing Cooperative®

APN: 41-07-19-034-015.000-017