487 Walnut St, Franklin, IN 46131 Property Records

Johnson County property record for 487 Walnut St, Franklin, IN 46131

Property Summary

Property TypeSingle Family Home
Details2 bd · 2 ba · 1,620 sqft · built 1920
Lot Size0.18 acres (7,841 sqft)
OwnerIndividual Name on File
Last Sale$160,700 (Apr 2019)
Tax Bill$1,280 (2025)
Deeds & MortgagesAug 2020 Mortgage
Apr 2019 Mortgage
+ 1 more
Flood ZoneZone X (moderate risk)
APN51001440035/00

Property Details

APN / Parcel Number

Primary APN51001440035/00
Alternative APNs
  • 41-08-14-031-061.000-009
  • 00001087041

Interior

Bedrooms2 Beds
Full Baths2 Baths
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area1,620 sqft Living Area
1st Floor Area1,620 sqft

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1950
Construction TypeWood
Foundation TypeNo Foundation
Roof MaterialAsphalt
Lot Area7,841 sqft (0.18 acres)
Lot Dimensions144 ft deep x 56 ft wide
Garage TypeDetached
Garage Area352 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchPorch
Porch Area184 sqft
Patio Area449 sqft
Shed1 Shed
Shed Area60 sqft

Utilities, Heating & Cooling

Heating SystemCentral
SewerConnected

Location & Zoning

Account Number00001087041
Street Address487 WALNUT ST
CityFRANKLIN
StateIN
Zip46131-1360
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionSW S14 T12 R4 MP FRANKLIN COMMUNI
Legal Range4
Legal Township12
Legal Section14
JurisdictionJOHNSON IN
Township / Civil DivisionFRANKLIN
Census Block Group1
Census Block1040
Census Tract610900

Owner

Source: Johnson County assessment roll, APN 51001440035/00, as of June 19, 2026 · Last verified August 2026

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

Owner of RecordIndividual Name on File
Mailing Address487 WALNUT ST, FRANKLIN, IN 46131-1360
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Aug 25, 2020Deed of Trust, Mortgage · Conventional Mortgage
NORTHPOINTE BANK
Apr 01, 2019Warranty Deed, Transfer · Conventional Mortgage
NORTHPOINT BANK
Jul 05, 2017Warranty Deed, Transfer · Conventional Mortgage
QUICKEN LOANS INC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 01, 2019 · Amount on Record
Deed SaleApr 01, 2019 · Amount on Record
Prior SaleJul 05, 2017 · Amount on Record
Deed Document Number20196236
Prior Transfer DateAug 25, 2005
Prior Transfer Doc2005027447
Record UpdatedSep 20, 2026

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionJOHNSON IN
Property Address487 WALNUT ST, FRANKLIN, IN 46131-1360
Transaction TypeMortgage
Record UpdatedJun 09, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020022990
DateAug 25, 2020
Instrument2020-022990
Lender
NameNORTHPOINTE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 01, 2050
Interest
Rate TypeFixed Rate

April 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionJOHNSON IN
Recording DateApr 01, 2019
Property Address487 WALNUT ST, FRANKLIN, IN 46131-1360
Document Number2019006236
Map ReferenceMR 48 PG 264
Instrument DateMar 29, 2019
Instrument2019-006236
Transaction TypeTransfer
Record UpdatedJun 09, 2023
Title CompanySECURITY TITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address487 WALNUT ST, FRANKLIN, IN 46131-1360

Mortgage

Document Number2019006237
DateApr 01, 2019
Instrument2019-006237
Lender
NameNORTHPOINT BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueApr 01, 2049
Interest
Rate TypeFixed Rate

July 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionJOHNSON IN
Recording DateJul 05, 2017
Property Address487 WALNUT ST, FRANKLIN, IN 46131-1360
Document Number2017014878
Instrument DateJun 26, 2017
Instrument2017-014878
Transaction TypeTransfer
Record UpdatedJun 09, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2017014879
DateJul 05, 2017
Instrument2017-014879
Lender
NameQUICKEN LOANS INC
TypeLending Institution
AddressDETROIT, MI 48226
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 01, 2047

Tax Assessment & Valuation

Source: Johnson County assessment roll as of June 19, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIndiana
CountyJohnson County
County SubdivisionFranklin Township
MunicipalityFranklin City
Unified School DistrictFranklin 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.

YearTax BillAssessed ValueAssessed Market Value
2025$1,280.00 (-20.79%) Homeowner's exemption$140,700 (+2.55%) Land $26,300 Building $114,400$140,700 (+2.55%) Land $26,300 Building $114,400
2024$1,616.00 (+7.66%)
2023$1,501.00 (+7.29%) Homeowner's exemption$137,200 (+8.2%) Land $26,300 Building $110,900$137,200 (+8.2%) Land $26,300 Building $110,900
2022$1,399.00 Homeowner's exemption$126,800 Land $26,300 Building $100,500$126,800 Land $26,300 Building $100,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Johnson County (18081C), as of September 30, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180816109001, as of September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition, as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies9 in force
Nearby Flood Claims7 (2008–2017)
Claims Outside the SFHA4 of 7
Most Recent ClaimJul 2017 · river or lake flooding
Claims by Event
  • Severe Storms, Flooding, And Tornadoes, Jun 2008 · 3 claims

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

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, 523 locations within half a mile, as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Metronet Holdings
Fiber
5,120 / 5,120
Brightspeed
Fiber
2,000 / 2,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Johnson County Rural Electric Membership Cooperative, T-Mobile USA.

Drinking Water

Source: EPA Safe Drinking Water Information System, water system IN5241005, as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemINDIANA AMERICAN WATER - JOHNSON COUNTY
private · serves 86,813 people
Water SourceGroundwater
Last State InspectionJan 2024
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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