Johnson County property record for 1042 N 500 E, Franklin, IN 46131
| Property Type | Farm - Irrigated or Dry |
|---|---|
| Details | 6,720 sqft · built 2015 |
| Lot Size | 5 acres (217,800 sqft) |
| Owner | Company Name on File |
| Last Sale | $150,000 (Oct 2013) |
| Tax Bill | $4,883 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 41210701025/00 |
| Primary APN | 41210701025/00 |
|---|---|
| Alternative APNs |
|
| Plumbing Fixtures | 5 Plumbing Fixtures |
|---|---|
| Stories | 1 Story |
| Building Area | 6,720 sqft Total Area |
| 1st Floor Area | 6,720 sqft |
| Year Built | Built 2015 |
|---|---|
| Effective Year Built | Effective 2015 |
| Construction Type | Wood |
| Fire Resistance | Wood or Wood & Steel Frame |
| Lot Area | 217,800 sqft (5 acres) |
| Porch | Porch |
| Porch Area | 312 sqft |
| Account Number | 00001074149 |
|---|---|
| Street Address | 1042 N 500 E |
| City | FRANKLIN |
| State | IN |
| Zip | 46131-7898 |
| Property Category | Agriculture or Farming |
| Property Type | Agriculture / Farming > Farm - Irrigated or Dry |
| Legal Description | E SE S7 T12 R5 (0.473 ACRES OF ROW) MP FRANKLIN COMMUNI |
| Legal Range | 5 |
| Legal Township | 12 |
| Legal Section | 7 |
| Jurisdiction | JOHNSON IN |
| Township / Civil Division | NEEDHAM |
| Census Block Group | 1 |
| Census Block | 1022 |
| Census Tract | 611200 |
1042 N 500 E, an agricultural property, is owned by a company that bought it in October 2013.
Source: Johnson County records, as of October 13, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1581 THORNBURG LN, FRANKLIN, IN 46131-8862 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 29, 2013 · Amount on File |
| Deed Sale | Oct 29, 2013 · Amount on File |
| Deed Document Number | 20135670380 |
| Record Updated | Oct 29, 2026 |
The 2025 property tax bill for 1042 N 500 E was $4,883, down 19.9% from the year before.
Source: Johnson County assessment roll, as of June 19, 2026
| Type | Name |
|---|---|
| State | Indiana |
| County | Johnson County |
| County Subdivision | Needham Township |
| Unified School District | Franklin Community School Corporation (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,883.00 (-19.92%) | $283,200 Land $44,600 Building $238,600 | $283,200 Land $44,600 Building $238,600 |
| 2024 | $6,098.00 (-3.05%) | ||
| 2023 | $6,290.00 (-6.27%) | $318,300 (-) Land $42,400 Building $275,900 | $318,300 (-) Land $42,400 Building $275,900 |
| 2022 | $6,711.00 (+1.3%) | $318,300 Land $42,400 Building $275,900 | $318,300 Land $42,400 Building $275,900 |
| 2021 | $6,625.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1042 N 500 E in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2013.
Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 2 (2013) |
| Most Recent Claim | Dec 2013 · rainfall accumulation |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1042 N 500 E has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | INDIANA AMERICAN WATER - JOHNSON COUNTY private · serves 86,813 people · EPA ID IN5241005 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jan 2024 |
| Lead | 2 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 5 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| JC Fiber Fiber | 3,000 / 3,000 |
| Xfinity Fiber | 2,000 / 2,000 |
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