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Sold
  • $165,000

    550 W King St, Franklin, IN 46131

    2beds
    2,028sqft
    Residential, Single Family Residence
    Built in 1915
    7,840 Square Feet Lot
    $166,400 Zestimate®
    $81/sqft
    $1,699 Estimated rent

    Home value

    $166,400

    $150,000 - $185,000

    $1,699/mo

    Zestimate® history
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    What's special

    Loft spaceModern walk-in showerBonus roomFormal dining roomSleek solid-surface countertopsGenerous closetCrisp white cabinets
    Located in the heart of Franklin, this cozy two-bedroom, two-bathroom home combines vintage charm with practical updates and is just waiting for someone to make it shine. The kitchen boasts sleek, solid-surface countertops, crisp white cabinets, and a convenient center island. Recent improvements include a new roof, windows, and vinyl siding, giving you peace of mind about the home's exterior integrity. The primary bedroom sits conveniently on the main floor and features a modern walk-in shower and two closets for all your storage needs. The traditional layout offers a comfortable living room and a formal dining room, giving you flexibility for entertaining or everyday living. Venture upstairs to discover a second bedroom with a generous closet, bonus room and loft space that could become your home office, craft area, or cozy reading nook. The basement provides ample storage solutions and a dedicated laundry area. Outdoor enthusiasts will appreciate being just steps from Palmer Park, where you can enjoy green spaces and recreation facilities. This diamond in the rough just needs your personal touches to truly sparkle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie Suchotzky 317-551-9589,

    Red Hot, REALTORS LLC

    Bought with:

    Angi Oakes

    Berkshire Hathaway Home

    Source: MIBOR as distributed by MLS GRID,MLS#: 22037078MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Vinyl
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Bedroom 2
    • Features: Vinyl
    • Level: Upper
    • Area: 99 Square Feet
    • Dimensions: 09x11
    Bonus room
    • Features: Vinyl
    • Level: Upper
    • Area: 88 Square Feet
    • Dimensions: 08x11
    Dining room
    • Features: Vinyl
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Laundry
    • Features: Other
    • Level: Basement
    • Area: 625 Square Feet
    • Dimensions: 25x25
    Living room
    • Features: Vinyl
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Loft
    • Features: Vinyl
    • Level: Upper
    • Area: 96 Square Feet
    • Dimensions: 08x12
    Heating
    • Other
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Cooktop, Dishwasher
    Features
    • Attic Access
    • Windows: Windows Vinyl, Wood Work Painted
    • Basement: Daylight,Unfinished
    • Attic: Access Only
    Interior area
    • Total structure area: 2,028
    • Total interior livable area: 2,028 sqft
    • Finished area below ground: 0

    Property

    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 7,840 Square Feet
    Details
    • Parcel number: 410814032056000009
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Water: Municipal/City

    Community & HOA

    Community
    • Subdivision: Thompson & Mcnutt
    HOA
    • Has HOA: No
    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $81/sqft
    • Tax assessed value: $84,800
    • Annual tax amount: $634
    • Date on market: 5/6/2025
    • Cumulative days on market: 3 days

    Price history

    DateEventPrice
    6/10/2025Sold$165,000+3.1%$81/sqft
    Source: MIBOR as distributed by MLS GRID #22037078 Report a problem
    5/8/2025Pending sale$160,000$79/sqft
    Source: MIBOR as distributed by MLS GRID #22037078 Report a problem
    5/6/2025Listed for sale$160,000+301%$79/sqft
    Source: MIBOR as distributed by MLS GRID #22037078 Report a problem
    8/19/2021Sold$39,900$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$739 +16.6%$84,800 -6.6%
    2024$634 -5.1%$90,800 +7.5%
    2023$669 +14.4%$84,500 +7.5%
    2022$585 -63.9%$78,600 +15.9%
    2021$1,619 +8.4%$67,800 -6.6%
    2020$1,494 +21.3%$72,600 +8.4%
    2019$1,232 +4.6%$67,000 +8.8%
    2018$1,178 +4.8%$61,600 +4.6%
    2017$1,124 $58,900 +4.8%
    2016$1,124 -12.9%$56,200 -7.6%
    2014$1,290 +8.6%$60,800 +2.4%
    2013$1,188 -7.3%$59,400 -7.3%
    2012$1,282 +3.4%$64,100 +3.4%
    2011$1,240 $62,000
    2010$1,240 $62,000
    2009$1,240 -32.9%$62,000 +2.8%
    2007$1,848 +34.4%$60,300 +18%
    2006$1,375 $51,100
    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
    $166,400
    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
    $166,400