191 Commerce Dr, Franklin, IN 46131 Property Records

Johnson County property record for 191 Commerce Dr, Franklin, IN 46131

Property Summary

Property Type	Warehouse, Storage
Details	11,932 sqft · built 2016
Lot Size	1.09 acres (47,568 sqft)
Owner	Company Name on File
Last Sale	$212,500 (Jan 2016)
Tax Bill	$19,159 (2025)
Deeds & Mortgages	Mar 2007 Mortgage Oct 2016 Mortgage + 6 more
Flood Zone	Zone X (minimal risk)
APN	`51001020018/00`

Property Details

APN / Parcel Number

Primary APN	`51001020018/00`
Alternative APNs	`41-08-10-011-004.000-009` `00001078569`

Interior

Stories	1 Story
Building Area	11,932 sqft Total Area
1st Floor Area	11,932 sqft

Exterior

Year Built	Built 2016
Effective Year Built	Effective 2016
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	47,568 sqft (1.09 acres)
Lot Dimensions	316 ft deep x 150 ft wide

Location & Zoning

Account Number	00001078569
Street Address	191 COMMERCE DR
City	FRANKLIN
State	IN
Zip	46131-7309
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	FRANKLIN COMMERCE PARK LOT 18 MP FRANKLIN COMMUNI
Legal Subdivision	FRANKLIN COMMERCE PARK
Legal Lot Number	18
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1064
Census Tract	610802

Owner

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

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

Owner of Record	Company Name on File
Mailing Address	311 HABIG ST, SHELBYVILLE, IN 46176-1052
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 28, 2007	Deed of Trust, Mortgage · Commercial Mortgage KEY BANK NA
Oct 17, 2016	Deed of Trust, Mortgage · Commercial Mortgage GERMAN AMERICAN BANCORP INC
May 18, 2007	Deed of Trust, Mortgage · Commercial Mortgage PREMIER CAPITAL CORPORATION
Mar 28, 2007	Deed of Trust, Mortgage · Commercial Mortgage KEY BANK NA
Feb 15, 2005	Deed of Trust, Mortgage · Commercial Mortgage LINCOLN BANK
Aug 21, 2015	Deed of Trust, Mortgage · Commercial Mortgage TUCKET HESTER BAKER & KREBS LLC
Jan 13, 2016	Warranty Deed, Transfer · Construction Mortgage GERMAN AMERICAN BANCORP INC
Feb 28, 2007	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 13, 2016 · Amount on Record
Deed Sale	Jan 13, 2016 · Amount on Record
Prior Sale	Feb 28, 2007
Deed Document Number	2016878
Record Updated	Sep 20, 2026

March 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007007770
Date	Mar 28, 2007
Instrument	2007-007770

Lender

Name	KEY BANK NA
Type	Bank
Address	FRANKLIN, IN 46131

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Mar 20, 2027

October 2016: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2016024899
Date	Oct 17, 2016
Instrument	2016-024899

Lender

Name	GERMAN AMERICAN BANCORP INC
Type	Funding / Finance Company
Address	COLUMBUS, IN 47201

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Oct 7, 2026

Interest

Rate Type	Adjustable Rate

May 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007012622
Date	May 18, 2007
Instrument	2007-012622

Lender

Name	PREMIER CAPITAL CORPORATION
Address	INDIANAPOLIS, IN 46204

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

March 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007007769
Date	Mar 28, 2007
Instrument	2007-007769

Lender

Name	KEY BANK NA
Type	Bank
Address	FRANKLIN, IN 46131

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	6 Months
Due	Sep 20, 2007

Interest

Rate Type	Adjustable Rate

February 2005: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2005004017
Date	Feb 15, 2005
Instrument	2005-004017

Lender

Name	LINCOLN BANK
Type	Bank
Address	GREENWOOD, IN 46143

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jan 31, 2006

Interest

Rate Type	Adjustable Rate

August 2015: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2015019109
Date	Aug 21, 2015
Instrument	2015-019109

Lender

Name	TUCKET HESTER BAKER & KREBS LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage

Interest

Rate	5%

January 2016: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jan 13, 2016
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Document Number	2016000878
Map Reference	PL CAB D PG 60
Instrument Date	Jan 13, 2016
Instrument	2016-000878
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2016000880
Date	Jan 13, 2016
Instrument	2016-000880

Lender

Name	GERMAN AMERICAN BANCORP INC
Type	Funding / Finance Company
Address	COLUMBUS, IN 47201

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jan 13, 2017

February 2007: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Feb 28, 2007
Property Address	191 COMMERCE DR, FRANKLIN, IN 46131-7309
Document Number	2007004942
Map Reference	CAB D PG60 A & B
Instrument Date	Feb 22, 2007
Instrument	2007-004942
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

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	$19,159.00 (-7.42%)	$748,600 (-7.01%) Land $267,700 Building $480,900	$748,600 (-7.01%) Land $267,700 Building $480,900
2024	$20,694.00 (-6.48%)	$805,000 (+5.44%) Land $267,700 Building $537,300	$805,000 (+5.44%) Land $267,700 Building $537,300
2023	$22,127.00 (-2.52%)	$763,500 (+2.99%) Land $208,000 Building $555,500	$763,500 (+2.99%) Land $208,000 Building $555,500
2022	$22,700.00 (+13.72%)	$741,300 Land $201,900 Building $539,400	$741,300 Land $201,900 Building $539,400
2021	$19,961.00

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
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	Low lower than 95% of the US · lower than 68% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation at the parcel

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 84 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Holdings Fiber	5,120 / 5,120
Brightspeed Fiber	2,000 / 2,000
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: Johnson County Rural Electric Membership Cooperative.

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