1508 N 700 E, Franklin, IN 46131 Property Records

Johnson County property record for 1508 N 700 E, Franklin, IN 46131

Property Summary

Property Type	Rural Home
Details	3 bd · 2 ba · 2,412 sqft · built 2020
Lot Size	2.62 acres (114,345 sqft)
Owner	Individual Name on Record
Tax Bill	$3,988 (2025)
Deeds & Mortgages	Dec 2019 Construction Loan Nov 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`41-07-10-023-006.000-017`

Property Details

APN / Parcel Number

Primary APN	`41-07-10-023-006.000-017`
Alternative APN	`00001342327`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	2,412 sqft Living Area
1st Floor Area	2,412 sqft
Family Room	Family Room

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Construction Type	Wood
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	114,345 sqft (2.62 acres)
Garage Type	Attached
Garage Area	528 sqft
Parking Spaces	2 Parking Spaces
Pool Type	Above-Ground Pool
Pool Area	452 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	00001342327
Street Address	1508 N 700 E
City	FRANKLIN
State	IN
Zip	46131-8241
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	NW S10 T12 R5 MP FRANKLIN COMMUNI
Legal Range	5
Legal Township	12
Legal Section	10
Jurisdiction	JOHNSON IN
Township / Civil Division	NEEDHAM
Census Block Group	1
Census Block	1073
Census Tract	611200

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	1508 N 700 E, FRANKLIN, IN 46131-8241
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Dec 5, 2019	Deed of Trust, Mortgage · Construction Mortgage ELEMENTS FINANCIAL FCU
Nov 23, 2020	Deed of Trust, Mortgage · Conventional Mortgage ELEMENTS FINANCIAL FCU

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	1508 N 700 E, FRANKLIN, IN 46131-8241
Transaction Type	Mortgage
Record Updated	Nov 1, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019027808
Date	Dec 5, 2019
Instrument	2019-027808

Lender

Name	ELEMENTS FINANCIAL FCU
Type	Credit Union

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	372 Months
Due	Dec 1, 2050

Interest

Rate Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Type Change Date	Dec 1, 2025
Min Rate At Change	2.75%
Max Rate At Change	5.75%
Index	5-Year CMT

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	1508 N 700 E, FRANKLIN, IN 46131-8241
Transaction Type	Mortgage
Record Updated	Nov 1, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020033607
Date	Nov 23, 2020
Instrument	2020-033607

Lender

Name	ELEMENTS FINANCIAL FCU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 1, 2050

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,988.00 (+5.92%) Homeowner's exemption	$456,700 (+26.2%) Land $40,300 Building $416,400	$456,700 (+26.2%) Land $40,300 Building $416,400
2024	$3,765.00 (+0.88%)
2023	$3,732.00 (-9.04%) Homeowner's exemption	$361,900 (-0.93%) Land $39,300 Building $322,600	$361,900 (-0.93%) Land $39,300 Building $322,600
2022	$4,103.00 (+39.51%) Homeowner's exemption	$365,300 Land $39,300 Building $326,000	$365,300 Land $39,300 Building $326,000
2021	$2,941.00

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
Nearest Special Flood Hazard Area	Zone A, within 500 ft
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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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 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

May also be available: Verizon.

Cell Coverage

5G and 4G LTE (outdoors only)

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