Quiet Country Living at an Affordable Price! Enjoy lower utility bills with this 2 Bed/1 Bath starter/transition home. Located in the southern outskirts of Johnson County nestled on a long half-acre lot (part of it fully fenced). No HOA and No Down Payment USDA Financing Eligible!
Active
Price cut: $5K (9/26)
$194,000
4621 S 537 E, Franklin, IN 46131
2beds
1,006sqft
Residential, Single Family Residence
Built in 1948
0.5 Acres Lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Long half-acre lot
- 49 days
- 626
- 41
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Hakes ryanhakes.realtor@gmail.com,
Grace & Agape Real Estate Services
Source: MIBOR as distributed by MLS GRID,MLS#: 22122206
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x09
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x09
Kitchen
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 12x06
Living room
- Level: Main
- Area: 306 Square Feet
- Dimensions: 18x17
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: Connections All, Laundry Room, Main Level
Features
- Eat-in Kitchen
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 1,006
- Total interior livable area: 1,006 sqft
Property
Parking
- Parking features: Carport, Gravel
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: Fenced,Partial
Lot
- Size: 0.5 Acres
- Features: Rural - Not Subdivision, Mature Trees
Details
- Parcel number: 411208031012000004
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $103,900
- Annual tax amount: $590
- Date on market: 8/25/2026
- Cumulative days on market: 50 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Price change | $194,000-2.5%$193/sqft |
Source: | ||
| 8/25/2026 | Listed for sale | $199,000+20.6%$198/sqft |
Source: | ||
| 11/13/2024 | Sold | $165,000$164/sqft |
Source: | ||
| 10/8/2024 | Pending sale | $165,000$164/sqft |
Source: | ||
| 10/8/2024 | Price change | $165,000+3.1%$164/sqft |
Source: | ||
| 10/3/2024 | Price change | $160,000-3%$159/sqft |
Source: | ||
| 9/5/2024 | Price change | $165,000-5.7%$164/sqft |
Source: | ||
| 7/30/2024 | Listed for sale | $175,000$174/sqft |
Source: | ||
| 7/19/2024 | Listing removed | -- |
Source: | ||
| 6/24/2024 | Pending sale | $175,000$174/sqft |
Source: | ||
| 6/21/2024 | Listed for sale | $175,000+178.2%$174/sqft |
Source: | ||
| 2/29/2016 | Listing removed | $62,900$63/sqft |
Source: CENTURY 21 Scheetz #21373525 Report a problem | ||
| 9/3/2015 | Listed for sale | $62,900$63/sqft |
Source: CENTURY 21 Scheetz #21373525 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $472 -72.4% | $103,900 +20.8% |
| 2024 | $1,712 +7.1% | $86,000 |
| 2023 | $1,598 +61.8% | $86,000 +5.4% |
| 2022 | $988 +0.6% | $81,600 +17.6% |
| 2021 | $982 +9.7% | $69,400 +10.3% |
| 2020 | $895 -3.6% | $62,900 +10.7% |
| 2019 | $928 +3.2% | $56,800 +2% |
| 2018 | $899 +297.5% | $55,700 +0.9% |
| 2017 | $226 +100% | $55,200 +3.6% |
| 2016 | $113 -3% | $53,300 -1.5% |
| 2014 | $117 -85.6% | $54,100 |
| 2013 | $808 +364.5% | $54,100 +1.5% |
| 2012 | $174 +54.7% | $53,300 +33.3% |
| 2011 | $112 -82.3% | $40,000 |
| 2010 | $635 -9.6% | $40,000 |
| 2009 | $702 -11% | $40,000 -16.8% |
| 2007 | $789 +5.8% | $48,100 +0.4% |
| 2006 | $745 | $47,900 +7.4% |
| 2005 | -- | $44,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46131
Nearby schools
Schools provided by the listing agent
- Elementary: East Side Elementary School
- Middle: Edinburgh Comm Middle School
- High: Edinburgh 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.




