198 Walnut St, Franklin, IN 46131 Property Records

Johnson County property record for 198 Walnut St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,709 sqft · built 1925
Lot Size	0.15 acres (6,534 sqft)
Owner	2 Individual Names on File
Last Sale	$328,749 (Aug 2026)
Tax Bill	$3,794 (2025)
Deeds & Mortgages	Aug 2026 Mortgage Jun 2022 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`51001444024/00`

Property Details

APN / Parcel Number

Primary APN	`51001444024/00`
Alternative APNs	`41-08-14-034-042.000-009` `00001087709`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	1,709 sqft Living Area
1st Floor Area	905 sqft
Attic	Attic
Attic Area	768 sqft
Basement Area	777 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	6,534 sqft (0.15 acres)
Lot Dimensions	72 ft deep x 63 ft wide

Exterior Amenities

Porch	Slab
Porch Area	240 sqft
Deck Area	Deck Area
Patio Area	216 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001087709
Street Address	198 WALNUT ST
City	FRANKLIN
State	IN
Zip	46131-1654
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SW S14 T12 R4 MP FRANKLIN COMMUNI
Legal Range	4
Legal Township	12
Legal Section	14
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	3
Census Block	3018
Census Tract	610900

Owner

198 Walnut St is owned and occupied by two individuals who bought it in August 2026.

Source: Johnson County records, as of October 12, 2026

Owner of Record	2 Individual Names on File
Mailing Address	198 WALNUT ST, FRANKLIN, IN 46131-1654
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	His Wife

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

Deeds, Mortgages & Sale History

Date	Document
Aug 18, 2026	Warranty Deed, Transfer · FHA Mortgage RUOFF MORTGAGE
Jun 2, 2022	Limited Warranty Deed, Transfer SURITY TITLE, SECURITY TITLE
Nov 5, 2021	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 18, 2026 · Amount on File
Deed Sale	Aug 18, 2026 · Amount on File
Prior Sale	Jun 2, 2022
Deed Document Number	202616861
Prior Transfer Date	Nov 5, 2021
Prior Transfer Doc	2021033062
Record Updated	Oct 29, 2026

August 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Aug 18, 2026
Property Address	198 WALNUT ST, FRANKLIN, IN 46131-1654
Document Number	0000016861
Instrument Date	Aug 14, 2026
Instrument	202616861
Transaction Type	Transfer
Record Updated	Aug 25, 2026
Title Company	DENISE TITLE, DENALI TITLE

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	198 WALNUT ST, FRANKLIN, IN 46131-1654

Mortgage

Document Number	0000016862,
Date	Aug 18, 2026
Instrument	202616862

Lender

Name	RUOFF MORTGAGE

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Sep 1, 2056

Interest

Max Rate	-1%

Mortgage

Document Number	0000016863,
Date	Aug 18, 2026
Instrument	202616863

Lender

Name	RUOFF MORTGAGE

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	120 Months
Due	Sep 1, 2036

Interest

Max Rate	-1%

June 2022: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jun 2, 2022
Property Address	198 WALNUT ST, FRANKLIN, IN 46131-1654
Document Number	2022012657
Instrument Date	May 31, 2022
Instrument	2022-012657
Transaction Type	Transfer
Record Updated	Jun 9, 2023
Title Company	SURITY TITLE, SECURITY TITLE

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Notice of Foreclosure Sale Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4420 HICKORY RIDGE BLVD, GREENWOOD, IN 46143-7454
Investor	Possibly a Property Investor

November 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	JOHNSON IN
Recording Date	Nov 5, 2021
Property Address	198 WALNUT ST, FRANKLIN, IN 46131-1654
Document Number	2021033062
Instrument Date	Nov 5, 2021
Instrument	2021-033062
Transaction Type	Transfer
Record Updated	Jun 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3250 S MORGANTOWN RD, GREENWOOD, IN 46143-9408

Tax Assessment & Valuation

The 2025 property tax bill for 198 Walnut St was $3,794, down 7.1% from the year before.

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	$3,794.00 (-7.15%)	$171,200 Land $23,000 Building $148,200	$171,200 Land $23,000 Building $148,200
2024	$4,086.00 (+8.53%)
2023	$3,765.00 (+83.75%)	$169,200 (+84.11%) Land $23,000 Building $146,200	$169,200 (+84.11%) Land $23,000 Building $146,200
2022	$2,049.00	$91,900 Land $23,000 Building $68,900	$91,900 Land $23,000 Building $68,900

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 198 Walnut St in Zone X, an area of minimal flood risk, though there have been 26 flood claims nearby since 1998.

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	7 in force
Nearby Flood Claims	26 (1998–2017)
Claims Outside the SFHA	4 of 26
Most Recent Claim	Jul 2017
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 20 claims

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

Wildfire risk around 198 Walnut St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 523 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Brightspeed Fiber	2,000 / 2,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: JC Fiber, T-Mobile.

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