231 Commerce Dr, Franklin, IN 46131 Property Records

Johnson County property record for 231 Commerce Dr, Franklin, IN 46131

Property Summary

Property Type	Office Building
Details	6,160 sqft · built 1998
Lot Size	1.29 acres (56,454 sqft)
Owner	Trust Name on Record
Tax Bill	$8,185 (2025)
Deeds & Mortgages	Jul 2007 Line of Credit Jul 2006 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`51001020016/00`

Property Details

APN / Parcel Number

Primary APN	`51001020016/00`
Alternative APNs	`41-08-10-011-006.000-009` `00001078573`

Interior

Stories	1 Story
Building Area	6,160 sqft Total Area
1st Floor Area	6,160 sqft
Upper Floors Area	350 sqft

Exterior

Year Built	Built 1998
Effective Year Built	Effective 1999
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	56,454 sqft (1.29 acres)
Lot Dimensions	322 ft deep x 183 ft wide

Location & Zoning

Account Number	00001078573
Street Address	231 COMMERCE DR
City	FRANKLIN
State	IN
Zip	46131-7310
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	FRANKLIN COMMERCE PARK LOT 16 MP FRANKLIN COMMUNI
Legal Subdivision	FRANKIN COMMERCE PARK
Legal Lot Number	16
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1064
Census Tract	610802

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	Trust Name on Record
Mailing Address	6367 E LANDERSDALE RD, CAMBY, IN 46113-8508
Owner Type	Individual
Vesting	Trust, Revocable Trust

Deeds, Mortgages & Sale History

Date	Document
Jul 9, 2007	Deed of Trust, Mortgage · Line of Credit IRWIN UNION BANK & TRUST CO
Jul 24, 2006	Deed of Trust, Mortgage · Commercial Mortgage HOMEFEDERAL BANK
Oct 29, 2007	Deed of Trust, Mortgage · Line of Credit MUTUAL SAVINGS BANK
Sep 25, 2019	Intrafamily Transfer, Transfer
Jan 3, 2008	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 3, 2008
Deed Sale	Jan 3, 2008
Deed Document Number	2008170
Last Transfer Date	Sep 16, 2019
Transfer Doc	2019021628
Record Updated	Oct 29, 2026

July 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007016728
Date	Jul 9, 2007
Instrument	2007-016728

Lender

Name	IRWIN UNION BANK & TRUST CO
Type	Bank
Address	GREENWOOD, IN 46142

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	4 Months
Due	Nov 28, 2007

July 2006: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0200618960
Date	Jul 24, 2006
Instrument	2006-18960

Lender

Name	HOMEFEDERAL BANK
Address	INDIANAPOLIS, IN 46237

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	18 Months
Due	Jan 1, 2008

Interest

Rate Type	Adjustable Rate

October 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007026236
Date	Oct 29, 2007
Instrument	2007-026236

Lender

Name	MUTUAL SAVINGS BANK
Type	Bank
Address	FRANKLIN, IN 46131

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	JOHNSON IN
Recording Date	Sep 25, 2019
Property Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310
Document Number	2019021628
Map Reference	PC D PG 60 A&B
Instrument Date	Sep 16, 2019
Instrument	2019-021628
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6367 E LANDERSDALE RD, CAMBY, IN 46113-8508

January 2008: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jan 3, 2008
Property Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310
Document Number	2008000170
Map Reference	DOC2005012997
Instrument Date	Dec 27, 2007
Instrument	2008-000170
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
Relationship	Family Trust
Address	231 COMMERCE DR, FRANKLIN, IN 46131-7310

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	$8,185.00 (-8.89%)	$323,200 (-8.26%) Land $239,600 Building $83,600	$323,200 (-8.26%) Land $239,600 Building $83,600
2024	$8,984.00 (-12.05%)
2023	$10,215.00 (-5.31%)	$352,300 (-) Land $239,600 Building $112,700	$352,300 (-) Land $239,600 Building $112,700
2022	$10,788.00	$352,300 Land $239,600 Building $112,700	$352,300 Land $239,600 Building $112,700

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 AE, within 500 ft
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

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 84 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	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: JC Fiber.

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