398 2nd St, Franklin, IN 46131 Property Records

Johnson County property record for 398 2nd St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,230 sqft · built 1940
Lot Size	0.2 acres (8,712 sqft)
Owner	Company Name on Record
Tax Bill	$2,869 (2025)
Deeds & Mortgages	Oct 2026 Line of Credit Nov 2025 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`51002412020/00`

Property Details

APN / Parcel Number

Primary APN	`51002412020/00`
Alternative APNs	`41-08-24-022-031.000-009` `00001093875`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	1 Story
Building Area	1,230 sqft Living Area
1st Floor Area	1,230 sqft
Attic	Attic
Attic Area	2,460 sqft

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Architectural Style	Duplex Single
Construction Type	Wood
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	8,712 sqft (0.2 acres)
Lot Dimensions	132 ft deep x 66 ft wide
Porch	Porch
Porch Area	156 sqft
Patio Area	162 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001093875
Street Address	398 2ND ST
City	FRANKLIN
State	IN
Zip	46131-2616
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	DRAKE ADD LOT 18 MP FRANKLIN COMMUNI
Legal Subdivision	DRAKE ADD
Legal Lot Number	18
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	3
Census Block	3035
Census Tract	611000

Owner

Source: Johnson County records, as of October 14, 2026

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

Owner of Record	Company Name on Record
Mailing Address	398 2ND ST, FRANKLIN, IN 46131-2616
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 6, 2026	Deed of Trust, Mortgage · Line of Credit MUTUAL SAVINGS BANK
Nov 5, 2025	Quit Claim Deed, Transfer Quitclaim
Jul 12, 2024	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 5, 2025
Deed Sale	Nov 5, 2025
Prior Sale	Jul 12, 2024
Deed Document Number	202522506
Prior Transfer Date	Oct 29, 2025
Prior Transfer Doc	2025022506
Record Updated	Oct 29, 2026

October 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Recording Date	Oct 6, 2026
Property Address	398 2ND ST, FRANKLIN, IN 46131-2616
Document Number	0000020852
Instrument Date	Sep 3, 2026
Instrument	202620852
Transaction Type	Mortgage
Record Updated	Oct 14, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000020852,
Date	Oct 6, 2026
Instrument	202620852

Lender

Name	MUTUAL SAVINGS BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Sep 3, 2036

Interest

Max Rate	-1%

November 2025: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	JOHNSON IN
Recording Date	Nov 5, 2025
Property Address	398 2ND ST, FRANKLIN, IN 46131-2616
Document Number	2025022506
Map Reference	PR 1 PG 24
Instrument Date	Oct 29, 2025
Instrument	2025-022506
Transaction Type	Transfer
Record Updated	Dec 3, 2025

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 103, TRAFALGAR, IN 46181-0103

July 2024: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	JOHNSON IN
Recording Date	Jul 12, 2024
Property Address	398 2ND ST, FRANKLIN, IN 46131-2616
Document Number	2024011236
Map Reference	PR 1 PG 24
Instrument Date	Jan 13, 2022
Instrument	2024-011236
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1161 E HOSPITAL RD, FRANKLIN, IN 46131-9165

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1368 S OLD US HIGHWAY 31, FRANKLIN, IN 46131-8112

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	$2,869.00 (+16.67%)	$129,500 (+22.29%) Land $24,200 Building $105,300	$129,500 (+22.29%) Land $24,200 Building $105,300
2024	$2,459.00 (-36%)	$105,900 (-) Land $24,200 Building $81,700	$105,900 (-) Land $24,200 Building $81,700
2023	$3,842.00 (+2.92%)	$105,900 (+3.02%) Land $24,200 Building $81,700	$105,900 (+3.02%) Land $24,200 Building $81,700
2022	$3,733.00	$102,800 Land $24,200 Building $78,600	$102,800 Land $24,200 Building $78,600

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	3 in force
Nearby Flood Claims	14 (1985–2017)
Most Recent Claim	Jul 2017 · river or lake flooding
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 8 claims Severe Storms, Tornadoes And Flooding, May 2002 · 2 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	Low lower than 96% of the US · lower than 73% 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 124 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250

May also be available: Brightspeed, Verizon.

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