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  • $315,000

    551 E Adams St, Franklin, IN 46131

    2beds
    1,894sqft
    : 
    $1,967/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1900
    6,098 Square Feet Lot
    $-- Zestimate®
    $166/sqft
    $-- HOA

    What's special

    Modern updatesHistoric charmOff-street parkingFormal dining roomFresh paintNew carpetLarge privacy-fenced backyard
    Historic charm and modern updates come together in this beautifully refreshed home on a quiet street in downtown Franklin. Leave the car at home and you're still only a 5-10 minute jaunt to Franklin College, restaurants, shops, and local attractions. You'll enjoy the convenience of downtown living with a peaceful neighborhood feel. Offering 2 large bedrooms with potential for a 3rd or dedicated office, etc, the flexible floor plan can adapt to your needs. Soaring 10-foot ceilings, a formal dining room, and a fully updated eat-in kitchen with granite countertops create a warm and inviting space. Over $60,000 of Improvements in the last year include new windows and exterior doors, fresh paint, new carpet, custom closet systems in two closets, a brand-new washer/dryer combo, and Mitsubishi mini-split heating and cooling units upstairs. Water heater is only 2 years old! Outside, you'll find a large privacy-fenced backyard and the added convenience of off-street parking-a rare find this close to downtown. Move-in ready, this home offers the perfect blend of historic charm, modern comfort, and an unbeatable location. 12 month home warranty included.
    24 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Elyssa Hill 812-390-9514,

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22110409MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 2
      • Level: Upper
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Breakfast room
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Dining room
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 13x10
      Kitchen
      • Level: Main
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Library
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Living room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Ductless, Other
      Appliances
      • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
      • Laundry: Laundry Closet, Main Level
      Features
      • High Ceilings, Entrance Foyer, Ceiling Fan(s), Eat-in Kitchen, Smart Thermostat
      • Windows: Wood Work Painted
      • Has basement: No
      Interior area
      • Total structure area: 1,894
      • Total interior livable area: 1,894 sqft

      Property

      Parking
      • Parking features: Other
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Covered
      • Fencing: Fenced,Full,Privacy,Gate
      Lot
      • Size: 6,098 Square Feet
      Details
      • Additional structures: Storage
      • Parcel number: 410814041125000009
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Victorian
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Cellar, See Remarks
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $166/sqft
      • Tax assessed value: $262,500
      • Annual tax amount: $2,518
      • Date on market: 7/30/2026
      • Cumulative days on market: 26 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Listed for sale$315,000+46.5%$166/sqft
        Source: MIBOR as distributed by MLS GRID #22110409 Report a problem
        4/21/2022Sold$215,000+7.6%$114/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        3/7/2022Pending sale$199,900$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        3/3/2022Listed for sale$199,900$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        2/24/2022Pending sale$199,900$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        2/24/2022Listed for sale$199,900$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        2/16/2022Pending sale$199,900$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        2/14/2022Listed for sale$199,900+67.3%$106/sqft
        Source: MIBOR as distributed by MLS GRID #21837822 Report a problem
        3/6/2018Listing removed$119,500+5.8%$63/sqft
        Source: Indy Metro South #21479954 Report a problem
        3/5/2018Sold$113,000-5.4%$60/sqft
        Source: MIBOR as distributed by MLS GRID #21479954 Report a problem
        8/1/2017Listed for sale$119,500+2.6%$63/sqft
        Source: Keller Williams Indy Metro S #21479954 Report a problem
        5/11/2017Listing removed$116,500$62/sqft
        Source: Indy Metro South #21479954 Report a problem
        4/21/2017Listed for sale$116,500+1.3%$62/sqft
        Source: Keller Williams Indy Metro S #21479954 Report a problem
        3/22/2017Listing removed$115,000$61/sqft
        Source: Carpenter Realtors, Inc. #21445122 Report a problem
        12/22/2016Price change$115,000-1.3%$61/sqft
        Source: Hills O' Brown Realty, Inc. #21445122 Report a problem
        10/27/2016Price change$116,500-1.3%$62/sqft
        Source: Hills O' Brown Realty, Inc. #21445122 Report a problem
        9/27/2016Listed for sale$118,000$62/sqft
        Source: Hills O' Brown Realty, Inc. #21445122 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,792 +126.8%$262,500 +21.2%
        2024$2,113 +45.4%$216,600 +13.8%
        2023$1,454 +9.7%$190,300 +42.8%
        2022$1,325 +19.1%$133,300 +9.2%
        2021$1,112 +12.7%$122,100 +17.9%
        2020$987 +2.3%$103,600 +8.9%
        2019$965 +7.6%$95,100 -0.4%
        2018$897 +2.1%$95,500 +4.5%
        2017$879 -1.1%$91,400 +1.3%
        2016$889 -9.9%$90,200 -6%
        2014$986 +21.7%$96,000 +9.5%
        2013$810 -15.9%$87,700 -8.6%
        2012$964 -9.9%$96,000 -9.7%
        2011$1,070 $106,300
        2010$1,070 $106,300
        2009$1,070 +13.2%$106,300 +13.7%
        2007$945 -34.7%$93,500 -12.7%
        2006$1,447 $107,100 +14.5%
        2005-- $93,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46131

        Getting around

        70 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Northwood Elementary School
        • 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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