2035 S 550 E, Franklin, IN 46131 Property Records

Johnson County property record for 2035 S 550 E, Franklin, IN 46131 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 2,567 sqft · built 2017
Lot Size	10 acres (435,600 sqft)
Owner	2 Individual Names on File
Last Sale	$984,200 (Jun 2026)
Tax Bill	$6,807 (2025)
Deeds & Mortgages	Jun 2026 Sale & Mortgage Jan 2018 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`43003201002/02`

Property Details

APN / Parcel Number

Primary APN	`43003201002/02`
Alternative APNs	`41-07-32-012-001.002-019` `00001076535`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	13 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	2,567 sqft Living Area
1st Floor Area	2,567 sqft
Family Room	Family Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Construction Type	Masonry / Concrete Block
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	435,600 sqft (10 acres)
Garage Type	Attached
Garage Area	583 sqft
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	232 sqft
Patio Area	224 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	00001076535
Street Address	2035 S 550 E
City	FRANKLIN
State	IN
Zip	46131-9639
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	NW NE S32 T12 R5 MP FRANKLIN COMMUNI
Legal Range	5
Legal Township	12
Legal Section	32
Jurisdiction	JOHNSON IN
Township / Civil Division	NEEDHAM
Census Block Group	2
Census Block	2012
Census Tract	611200

Owner

Source: Johnson County records · APN 43003201002/02

Assessment roll updated June 19, 2026 · Last verified July 2026

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

Owner of Record	2 Individual Names on File
Mailing Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2026	Warranty Deed, Transfer · Conventional Mortgage FIRST MERCHANTS BANK
Jan 26, 2018	Deed of Trust, Mortgage · Conventional Mortgage CITIZENS STATE BANK
Jan 28, 2021	Deed of Trust, Mortgage · Conventional Mortgage CALIBER HOME LOANS INC
Apr 11, 2019	Deed of Trust, Mortgage · Conventional Mortgage FINANCIAL CENTER FIRST CU
May 05, 2020	Warranty Deed, Transfer · Conventional Mortgage CALIBER HOME LOANS INC
Jan 20, 2017	Warranty Deed, Transfer · Construction Mortgage CITIZENS STATE BANK OF NEW CASTLE

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Jun 16, 2026 · Amount on Record
Deed Sale	Jun 16, 2026 · Amount on Record
Prior Sale	May 05, 2020 · Amount on Record
Deed Document Number	202612012
Record Updated	Sep 20, 2026

June 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jun 16, 2026
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Document Number	0000012012
Instrument Date	Jun 12, 2026
Instrument	202612012
Transaction Type	Transfer
Record Updated	Jun 23, 2026
Title Company	ALLIANCE TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Estimated Sale Price
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2035 S 550 E, FRANKLIN, IN 46131-9639

Mortgage

Document Number	0000012013,
Date	Jun 16, 2026
Instrument	202612013

Lender

Name	FIRST MERCHANTS BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.5%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

January 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Transaction Type	Mortgage
Record Updated	Jun 09, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2018001864
Date	Jan 26, 2018
Instrument	2018-001864

Lender

Name	CITIZENS STATE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jan 25, 2048

Interest

Rate Type	Adjustable Rate

January 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Transaction Type	Mortgage
Record Updated	Jun 09, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2021002806
Date	Jan 28, 2021
Instrument	2021-002806

Lender

Name	CALIBER HOME LOANS INC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 01, 2051

Interest

Rate Type	Fixed Rate

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Transaction Type	Mortgage
Record Updated	Jun 09, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2019007002
Date	Apr 11, 2019
Instrument	2019-007002

Lender

Name	FINANCIAL CENTER FIRST CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Apr 10, 2034

Interest

Rate Type	Fixed Rate

May 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	May 05, 2020
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Document Number	2020010957
Instrument Date	Apr 30, 2020
Instrument	2020-010957
Transaction Type	Transfer
Record Updated	Jun 09, 2023
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Investor	Possibly a Property Investor

Mortgage

Document Number	2020010958
Date	May 05, 2020
Instrument	2020-010958

Lender

Name	CALIBER HOME LOANS INC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 01, 2050

Interest

Rate Type	Fixed Rate

January 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jan 20, 2017
Property Address	2035 S 550 E, FRANKLIN, IN 46131-9639
Document Number	2017001477
Instrument Date	Dec 14, 2016
Instrument	2017-001477
Transaction Type	Transfer
Record Updated	Jun 09, 2023

Transaction

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	2017001478
Date	Jan 20, 2017
Instrument	2017-001478

Lender

Name	CITIZENS STATE BANK OF NEW CASTLE
Address	NEW CASTLE, IN 47362

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	11 Months
Due	Dec 14, 2017

Tax Assessment & Valuation

Source: Johnson County records · Assessment roll updated June 19, 2026 · Last verified July 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,807.00 (-4.48%) Homeowner's exemption	$655,700 (+10.95%) Land $129,900 Building $525,800	$655,700 (+10.95%) Land $129,900 Building $525,800
2024	$7,126.00 (-2.03%)
2023	$7,274.00 (-7.66%) Homeowner's exemption	$591,000 (-0.76%) Land $130,000 Building $461,000	$591,000 (-0.76%) Land $130,000 Building $461,000
2022	$7,877.00 Homeowner's exemption	$595,500 Land $130,000 Building $465,500	$595,500 Land $130,000 Building $465,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Johnson County (18081C), updated September 30, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180816112002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearby Flood Policies	4 in force
Nearby Flood Claims	11 (2005–2025)
Claims Outside the SFHA	4 of 11
Most Recent Claim	Apr 2025, river or lake flooding
Claims By Storm	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 2 claims Severe Winter Storms And Flooding, Jan 2005 · 2 claims

Wildfire

Wildfire Risk	Low above 5% of the US · above 32% of Indiana
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 12 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Johnson County Rural Electric Membership Cooperative	Fiber	3,000 / 3,000
Xfinity	Fiber	2,000 / 2,000
Verizon	Fixed Wireless	300 / 20

Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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