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Sold
  • $600,000

    1980 S 550 E, Franklin, IN 46131

    3beds
    2,392sqft
    Residential, Single Family Residence
    Built in 1988
    10 Acres Lot
    $603,000 Zestimate®
    $251/sqft
    $2,271 Estimated rent

    Home value

    $603,000

    Estimated sales range

    Not available

    $2,271/mo

    Zestimate® history
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    What's special

    Modern updatesTimeless charmHot tubMaintained trailsWelcoming front entranceNative plantsStocked pond
    Set on 10 scenic acres, this property has been carefully transformed over the past seven years from its original state of "just as it is" condition into a well-maintained home. One of the owners happens to be a Hardscape expert; his expertise has been poured into enhancing the exterior with a welcoming front entrance, an expansive 25'x40' rear paver patio, including an outdoor built-in kitchen area and a Hot tub, and an upper deck off the primary suite that offers stunning views of the property. Inside, some major, well thought and attractive renovations have been completed: walls were moved so the kitchen is much more open and completely gutted, the primary bathroom & the stairway banister enclosed wall was removed blending modern updates with timeless charm. Don't miss the impressive before-and-after photos when you tour the home! Additional updates include a new garage door and a solid built 24'x27' Pole Barn with a 6'x27' overhang porch area. The important essentials beyond the aesthetics of the home itself have all been addressed, ROOF, HVAC, WATER SOFTENER, GARAGE DOOR, CRAWL SPACE to name a few were all done in 2018/19. The land is truly special-10 acres featuring a stocked pond, maintained trails, and thoughtfully preserved areas for wildflowers, native plants, and trees. Take a walk to the edge of the property, and you might even be greeted by the neighboring horses.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janna Long 317-509-1605,

    Janna Long Real Estate LLC

    Bought with:

    Janna Long

    Janna Long Real Estate LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22067053MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 273 Square Feet
    • Dimensions: 13X21
    Bedroom 2
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Bedroom 3
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17X12
    Family room
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20X13
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Office
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12X09
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned, Other
    Features
    • Attic Pull Down Stairs, Ceiling Fan(s)
    • Has basement: No
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log
    Interior area
    • Total structure area: 2,392
    • Total interior livable area: 2,392 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Detached
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    • Exterior features: Balcony, Gas Grill
    • Has spa: Yes
    • Spa features: Above Ground, Private
    • Fencing: Fenced,Partial
    • Has view: Yes
    • View description: Pond, Trees/Woods
    • Water view: Pond
    Lot
    • Size: 10 Acres
    • Features: Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
    Details
    • Additional structures: Barn Pole
    • Parcel number: 410729034015001019
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar, Stone
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $354,900
    • Annual tax amount: $3,702
    • Date on market: 10/15/2025
    • Cumulative days on market: 14 days

    Price history

    DateEventPrice
    12/15/2025Sold$600,000+0%$251/sqft
    Source: MIBOR as distributed by MLS GRID #22067053 Report a problem
    10/28/2025Pending sale$599,900$251/sqft
    Source: MIBOR as distributed by MLS GRID #22067053 Report a problem
    10/15/2025Listed for sale$599,900+90.4%$251/sqft
    Source: MIBOR as distributed by MLS GRID #22067053 Report a problem
    6/11/2018Sold$315,000+5%$132/sqft
    Source: MIBOR as distributed by MLS GRID #21561018 Report a problem
    4/30/2018Pending sale$299,900$125/sqft
    Source: Keller Williams Realty Indy Metro South #21561018 Report a problem
    4/25/2018Listed for sale$299,900+41.4%$125/sqft
    Source: Keller Williams Indy Metro S #21561018 Report a problem
    2/28/2002Sold$212,105$89/sqft
    Source: MIBOR as distributed by MLS GRID #2138806 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,702 -2.7%$354,900 +14.7%
    2024$3,804 -11.7%$309,500 -1.6%
    2023$4,310 +5.3%$314,500
    2022$4,093 +3.1%$314,500 +13.1%
    2021$3,970 +4.3%$278,100 +5.2%
    2020$3,806 +5.2%$264,300
    2019$3,619 +2.8%$264,300
    2018$3,521 +1.3%$264,300 +0.4%
    2017$3,476 -0.4%$263,200 +5%
    2016$3,491 -2.5%$250,600 +1.4%
    2014$3,582 +20.3%$247,200 +5.5%
    2013$2,978 -5%$234,300 +4.9%
    2012$3,134 +9.1%$223,400 -5%
    2011$2,872 +2.5%$235,200
    2010$2,802 -0.4%$235,200
    2009$2,814 -14.1%$235,200 +1.6%
    2007$3,276 +8.8%$231,400 +5.9%
    2006$3,010 $218,500 +17.5%
    2005-- $186,000
    Find assessor info on the county website

    Neighborhood: 46131

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Franklin Community Middle School
    • High: Franklin Community High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $603,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $603,000