242 E Jefferson St, Franklin, IN 46131 Property Records

Johnson County property record for 242 E Jefferson St, Franklin, IN 46131

Property Summary

Property Type	Commercial Office
Details	1,290 sqft · built 1963
Lot Size	0.114 acres (4,966 sqft)
Owner	Individual Name on Record
Last Sale	$142,500 (Jan 2005)
Tax Bill	$5,929 (2025)
Deeds & Mortgages	Jun 2026 Transfer Oct 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`51001433031/00`

Property Details

APN / Parcel Number

Primary APN	`51001433031/00`
Alternative APNs	`41-08-14-043-071.000-009` `00001088703`

Interior

Stories	1 Story
Building Area	1,290 sqft Total Area
1st Floor Area	1,290 sqft

Exterior

Year Built	Built 1963
Effective Year Built	Effective 1985
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	4,966 sqft (0.114 acres)
Lot Dimensions	138 ft deep x 36 ft wide

Utilities, Heating & Cooling

Sewer	Connected

Location & Zoning

Account Number	00001088703
Street Address	242 E JEFFERSON ST
City	FRANKLIN
State	IN
Zip	46131-2325
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Legal Description	HICKS & BEARD 5TH ADD PT LOT 4 MP FRANKLIN COMMUNI
Legal Subdivision	HEARD ADDITION NO 5
Legal Lot Number	4
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2056
Census Tract	611000

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	Individual Name on Record
Mailing Address	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 25, 2026	Transfer on Death Deed, Transfer DENALI TITLE
Oct 28, 2019	Deed of Trust, Mortgage · Conventional Mortgage FIRST MERCHANTS BANK NA
Oct 10, 2019	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 3, 2005 · Amount on Record
Deed Sale	Jan 3, 2005 · Amount on Record
Deed Document Number	200510
Last Transfer Date	Jun 24, 2026
Transfer Doc	0000012606
Record Updated	Oct 29, 2026

June 2026: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	JOHNSON IN
Recording Date	Jun 25, 2026
Property Address	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325
Document Number	0000012606
Instrument Date	Jun 24, 2026
Instrument	202612606
Transaction Type	Transfer
Record Updated	Aug 30, 2026
Title Company	DENALI TITLE

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325
Transaction Type	Mortgage
Record Updated	Feb 7, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019024520
Date	Oct 28, 2019
Instrument	2019-024520

Lender

Name	FIRST MERCHANTS BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Oct 24, 2024

Interest

Rate Type	Fixed Rate

October 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	JOHNSON IN
Recording Date	Oct 10, 2019
Property Address	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325
Document Number	2019023083
Map Reference	PB 1 PG 9
Instrument Date	Aug 12, 2019
Instrument	2019-023083
Transaction Type	Transfer
Record Updated	Nov 1, 2021

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	242 E JEFFERSON ST, FRANKLIN, IN 46131-2325

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	$5,929.00 (-0.05%)	$234,100 (+150.91%) Land $60,000 Building $174,100	$234,100 (+150.91%) Land $60,000 Building $174,100
2024	$5,932.00 (+118.73%)
2023	$2,712.00 (-5.08%)	$93,300 (-) Land $60,000 Building $33,300	$93,300 (-) Land $60,000 Building $33,300
2022	$2,857.00	$93,300 Land $60,000 Building $33,300	$93,300 Land $60,000 Building $33,300

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	8 (1979–2009)
Claims Outside the SFHA	4 of 8
Most Recent Claim	Aug 2009 · rainfall accumulation
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 4 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

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

Wildfire Risk	Not rated no burnable land within 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 466 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

May also be available: JC Fiber.

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