131 Commerce Dr, Franklin, IN 46131 Property Records

Johnson County property record for 131 Commerce Dr, Franklin, IN 46131

Property Summary

Property Type	General Industrial
Details	4,020 sqft · built 1997
Lot Size	1.07 acres (46,783 sqft)
Owner	Individual Name on Record
Tax Bill	$4,639 (2025)
Deeds & Mortgages	Nov 2010 Line of Credit Feb 2013 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`51001020021/00`

Property Details

APN / Parcel Number

Primary APN	`51001020021/00`
Alternative APNs	`41-08-10-011-001.000-009` `00001078547`

Interior

Stories	1 Story
Building Area	4,020 sqft Total Area
1st Floor Area	4,020 sqft

Exterior

Year Built	Built 1997
Effective Year Built	Effective 1998
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	46,783 sqft (1.07 acres)

Location & Zoning

Account Number	00001078547
Street Address	131 COMMERCE DR
City	FRANKLIN
State	IN
Zip	46131-7309
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	FRANKLIN COMMERCE PARK LOT 21 MP FRANKLIN COMMUNI
Legal Subdivision	FRANKLIN COMMERCE PARK
Legal Lot Number	21
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1064
Census Tract	610802

Owner

Source: Johnson County records, as of October 13, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	1864 N 125 W, FRANKLIN, IN 46131-9510
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 23, 2010	Deed of Trust, Mortgage · Line of Credit CRANE FCU
Feb 1, 2013	Deed of Trust, Mortgage · Commercial Mortgage MAINSOURCE BANK
Jan 24, 2005	Deed of Trust, Mortgage · Line of Credit FIRST INDIANA BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

November 2010: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	131 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2010024688
Date	Nov 23, 2010
Instrument	2010-024688

Lender

Name	CRANE FCU
Address	ODON, IN 47562

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Nov 18, 2011

February 2013: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	131 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2013002902
Date	Feb 1, 2013
Instrument	2013-002902

Lender

Name	MAINSOURCE BANK
Type	Bank
Address	GREENSBURG, IN 47240

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Feb 2, 2028

January 2005: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	131 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2005001895
Date	Jan 24, 2005
Instrument	2005-001895

Lender

Name	FIRST INDIANA BANK NA
Type	Bank
Address	INDIANAPOLIS, IN 46204

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	36 Months
Due	Jan 1, 2008

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

Source: Johnson County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Johnson County
County Subdivision	Franklin Township
Municipality	Franklin City
Unified School District	Franklin Community School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,639.00 (-12.5%)	$183,200 (-4.48%) Land $124,100 Building $59,100	$183,200 (-4.48%) Land $124,100 Building $59,100
2024	$5,302.00 (-4.74%)
2023	$5,566.00 (-14.87%)	$191,800 (-10.16%) Land $124,100 Building $67,700	$191,800 (-10.16%) Land $124,100 Building $67,700
2022	$6,538.00	$213,500 Land $124,100 Building $89,400	$213,500 Land $124,100 Building $89,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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	3 (2008–2017)
Most Recent Claim	Jul 2017 · river or lake flooding

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.

Wildfire

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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 149 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: JC Fiber.

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