199 Walnut St, Franklin, IN 46131 Property Records

Johnson County property record for 199 Walnut St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,512 sqft · built 1940
Lot Size	0.091 acres (3,964 sqft)
Owner	Company Name on File
Tax Bill	$2,257 (2025)
Deeds & Mortgages	May 2026 Sale Oct 2025 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`51001441064/00`

Property Details

APN / Parcel Number

Primary APN	`51001441064/00`
Alternative APNs	`41-08-14-034-041.000-009` `00001087707`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	2 Stories
Building Area	1,512 sqft Living Area
1st Floor Area	1,512 sqft
Basement Area	1,008 sqft
Unfinished Basement	1,008 sqft
Family Room	Family Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1997
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	3,964 sqft (0.091 acres)
Lot Dimensions	72 ft deep x 55 ft wide
Garage Type	Attached
Garage Area	468 sqft
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	96 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001087707
Street Address	199 WALNUT ST
City	FRANKLIN
State	IN
Zip	46131-1653
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SW GEO KINGS 2ND ADD PT LOT 2 MP FRANKLIN COMMUNI
Legal Subdivision	FRANKLIN WEST ADDITION NO 2
Legal Lot Number	2
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	3
Census Block	3019
Census Tract	610900

Owner

199 Walnut St is owned by a company that acquired it in May 2026 and is owner-occupied.

Source: Johnson County records, as of September 28, 2026

Owner of Record	Company Name on File
Mailing Address	199 WALNUT ST, FRANKLIN, IN 46131-1653
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Life Tenant

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
May 12, 2026	Deed, Transfer NONE LISTED ON DOCUMENT
Oct 6, 2025	Deed of Trust, Mortgage · Line of Credit MUTUAL SAVINGS BANK
Aug 19, 2022	Warranty Deed, Transfer · Conventional Mortgage FIRST MERCHANTS BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 12, 2026
Deed Sale	May 12, 2026
Prior Sale	Aug 19, 2022 · Amount on File
Deed Document Number	20269349
Prior Transfer Date	Dec 17, 2024
Prior Transfer Doc	2024021954
Record Updated	Oct 29, 2026

May 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	JOHNSON IN
Recording Date	May 12, 2026
Property Address	199 WALNUT ST, FRANKLIN, IN 46131-1653
Document Number	0000009349
Instrument Date	May 7, 2026
Instrument	20269349
Transaction Type	Transfer
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Life Tenant

October 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	199 WALNUT ST, FRANKLIN, IN 46131-1653
Transaction Type	Mortgage
Record Updated	Oct 22, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2025020220
Date	Oct 6, 2025
Instrument	2025-020220

Lender

Name	MUTUAL SAVINGS BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	12 Months
Due	Apr 1, 2026

August 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Aug 19, 2022
Property Address	199 WALNUT ST, FRANKLIN, IN 46131-1653
Document Number	2022018434
Map Reference	PB 1 PG 21
Instrument Date	Aug 16, 2022
Instrument	2022-018434
Transaction Type	Transfer
Record Updated	May 22, 2023
Title Company	SURITY TITLE, SECURITY TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	199 WALNUT ST, FRANKLIN, IN 46131-1653

Mortgage

Document Number	2022018435
Date	Aug 19, 2022
Instrument	2022-018435

Lender

Name	FIRST MERCHANTS BANK NA

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	4.25%

Tax Assessment & Valuation

The 2025 property tax bill for 199 Walnut St was $2,257 with a homeowner's exemption, down 17.4% 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	$2,257.00 (-17.39%) Homeowner's exemption	$223,900 Land $15,700 Building $208,200	$223,900 Land $15,700 Building $208,200
2024	$2,732.00 (+12.75%)
2023	$2,423.00 (+42.03%) Homeowner's exemption	$219,200 (+41.51%) Land $16,100 Building $203,100	$219,200 (+41.51%) Land $16,100 Building $203,100
2022	$1,706.00 Homeowner's exemption	$154,900 Land $16,100 Building $138,800	$154,900 Land $16,100 Building $138,800

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

Flood

FEMA maps place 199 Walnut St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

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 AE, within 500 ft
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 199 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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