2587 E 200 S, Franklin, IN 46131 Property Records

Johnson County property record for 2587 E 200 S, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	4 bd · 3.5 ba · 3,026 sqft · built 1999
Lot Size	2.01 acres (87,817 sqft)
Owner	Individual Name on Record
Last Sale	$611,800 (Dec 2021)
Tax Bill	$4,741 (2025)
Deeds & Mortgages	Apr 2019 Mortgage Mar 2005 Line of Credit + 4 more
Flood Zone	Zone X (minimal risk)
APN	`53003501003/04`

Property Details

APN / Parcel Number

Primary APN	`53003501003/04`
Alternative APNs	`41-08-35-021-003.011-011` `00001095593`

Interior

Bedrooms	4 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	17 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	3,026 sqft Living Area
1st Floor Area	3,026 sqft
Basement Area	1,244 sqft
Finished Basement	1,167 sqft
Unfinished Basement	1,167 sqft
Game Room	Game Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1999
Effective Year Built	Effective 2015
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	87,817 sqft (2.01 acres)
Garage Type	Mixed
Garage Area	1,606 sqft
Parking Spaces	5 Parking Spaces

Exterior Amenities

Pool Area	800 sqft
Porch	Porch
Porch Area	170 sqft
Bath House	112 sqft
Lean-To	180 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	00001095593
Street Address	2587 E 200 S
City	FRANKLIN
State	IN
Zip	46131-8898
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	MIKAILA ACRES LOT 1 MP FRANKLIN COMMUNI
Legal Subdivision	MIKAILA ACRES MINOR
Legal Lot Number	1
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	3
Census Block	3036
Census Tract	610801

Owner

Source: Johnson County records, as of October 13, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 8, 2019	Deed of Trust, Mortgage · Conventional Mortgage ELEMENTS FINANCIAL FCU
Mar 8, 2005	Deed of Trust, Mortgage · Line of Credit IRWIN UNION BANK & TRUST CO
Apr 2, 2012	Deed of Trust, Mortgage · Line of Credit FIRST MERCHANTS BANK NA
Feb 6, 2012	Deed of Trust, Mortgage · Conventional Mortgage FIRST MERCHANTS BANK NA
Dec 29, 2021	Warranty Deed, Transfer · VA Mortgage BAILEY & WOOD FINANCIAL GROUP
Jul 21, 2017	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 29, 2021 · Amount on Record
Deed Sale	Dec 29, 2021 · Amount on Record
Deed Document Number	202138497
Prior Transfer Date	Jul 17, 2017
Prior Transfer Doc	2017016328
Record Updated	Oct 29, 2026

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019006730
Date	Apr 8, 2019
Instrument	2019-006730

Lender

Name	ELEMENTS FINANCIAL FCU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Apr 15, 2044

Interest

Rate Type	Fixed Rate

March 2005: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2005005793
Date	Mar 8, 2005
Instrument	2005-005793

Lender

Name	IRWIN UNION BANK & TRUST CO
Type	Bank
Address	FRANKLIN, IN 46131

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Mar 2, 2020

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2012: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2012006695
Date	Apr 2, 2012
Instrument	2012-006695

Lender

Name	FIRST MERCHANTS BANK NA
Type	Bank
Address	GREENWOOD, IN 46142

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	119 Months
Due	Mar 20, 2022

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2012: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2012002457
Date	Feb 6, 2012
Instrument	2012-002457

Lender

Name	FIRST MERCHANTS BANK NA
Type	Bank
Address	DALEVILLE, IN 47334

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Mar 1, 2027

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Dec 29, 2021
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Document Number	2021038497
Map Reference	PC D PG 2
Instrument Date	Dec 29, 2021
Instrument	2021-038497
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Amount	Amount Recorded
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

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5287 EAST 200 SOUTH, FRANKLIN, IN 46131

Mortgage

Document Number	2021038498
Date	Dec 29, 2021
Instrument	2021-038498

Lender

Name	BAILEY & WOOD FINANCIAL GROUP
Type	Funding / Finance Company

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	372 Months
Due	Jan 1, 2052

Interest

Rate Type	Fixed Rate

July 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	JOHNSON IN
Recording Date	Jul 21, 2017
Property Address	2587 E 200 S, FRANKLIN, IN 46131-8898
Document Number	2017016328
Instrument Date	Jul 17, 2017
Instrument	2017-016328
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

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
Unified School District	Franklin Community School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,741.00 (+4.34%) Homeowner's exemption	$693,800 (+64.72%) Land $51,400 Building $642,400	$693,800 (+64.72%) Land $51,400 Building $642,400
2024	$4,544.00 (+4.63%)
2023	$4,343.00 (-7%) Homeowner's exemption	$421,200 (+2.88%) Land $51,400 Building $369,800	$421,200 (+2.88%) Land $51,400 Building $369,800
2022	$4,670.00 Homeowner's exemption	$409,400 Land $51,400 Building $358,000	$409,400 Land $51,400 Building $358,000

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

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 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
JC Fiber Fiber	3,000 / 3,000
Xfinity Fiber	2,000 / 2,000

May also be available: Verizon.

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