494 Walnut St, Franklin, IN 46131 Property Records

Johnson County property record for 494 Walnut St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,858 sqft · built 1950
Lot Size	0.22 acres (9,583 sqft)
Owner	2 Individual Names on File
Last Sale	$192,850 (Dec 2021)
Tax Bill	$2,220 (2025)
Deeds & Mortgages	Oct 2019 Mortgage Mar 2022 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`51001440070/00`

Property Details

APN / Parcel Number

Primary APN	`51001440070/00`
Alternative APNs	`41-08-14-031-067.000-009` `00001087053`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,858 sqft Living Area
1st Floor Area	1,858 sqft
Attic	Attic
Attic Area	1,794 sqft
Basement Area	1,410 sqft
Unfinished Basement	1,410 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Construction Type	Wood
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	9,583 sqft (0.22 acres)
Lot Dimensions	150 ft deep x 63 ft wide
Garage Type	Detached
Garage Area	528 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Pool Type	Above-Ground Pool
Porch	Porch
Porch Area	154 sqft
Patio Area	100 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001087053
Street Address	494 WALNUT ST
City	FRANKLIN
State	IN
Zip	46131-1309
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SW S14 T12 R4 MP FRANKLIN COMMUNI
Legal Range	4
Legal Township	12
Legal Section	14
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1014
Census Tract	610900

Owner

494 Walnut St is owned and occupied by two individuals who bought it in December 2021.

Source: Johnson County records, as of June 19, 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	2 Individual Names on File
Mailing Address	494 WALNUT ST, FRANKLIN, IN 46131-1309
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Oct 15, 2019	Deed of Trust, Mortgage · Conventional Mortgage HUNTINGTON NATIONAL BANK
Mar 14, 2022	Deed of Trust, Mortgage · Conventional Mortgage HORIZON BANK NA
Dec 13, 2021	Warranty Deed, Transfer · Conventional Mortgage BAILEY & WOOD FINANCIAL GROUP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 13, 2021 · Amount on File
Deed Sale	Dec 13, 2021 · Amount on File
Deed Document Number	202136780
Record Updated	Sep 20, 2026

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	494 WALNUT ST, FRANKLIN, IN 46131-1309
Transaction Type	Mortgage
Record Updated	Feb 9, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019023341
Date	Oct 15, 2019
Instrument	2019-023341

Lender

Name	HUNTINGTON NATIONAL BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Sep 30, 2049

Interest

Rate Type	Fixed Rate

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	494 WALNUT ST, FRANKLIN, IN 46131-1309
Transaction Type	Mortgage
Record Updated	Feb 9, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2022005684
Date	Mar 14, 2022
Instrument	2022-005684

Lender

Name	HORIZON BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	300 Months
Due	Mar 17, 2047

Interest

Rate Type	Adjustable Rate

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Dec 13, 2021
Property Address	494 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2021036780
Instrument Date	Dec 8, 2021
Instrument	2021-036780
Transaction Type	Transfer
Record Updated	Feb 9, 2023
Title Company	SURITY TITLE, SECURITY TITLE

Transaction

Amount	Amount on Record
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	494 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

Mortgage

Document Number	2021036781
Date	Dec 13, 2021
Instrument	2021-036781

Lender

Name	BAILEY & WOOD FINANCIAL GROUP

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 494 Walnut St was $2,220 with a homeowner's exemption, down 12.6% from the year before.

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	$2,220.00 (-12.56%) Homeowner's exemption	$220,300 Land $29,900 Building $190,400	$220,300 Land $29,900 Building $190,400
2024	$2,539.00 (+8.23%)
2023	$2,346.00 (+14.83%) Homeowner's exemption	$212,400 (+15.31%) Land $29,900 Building $182,500	$212,400 (+15.31%) Land $29,900 Building $182,500
2022	$2,043.00 Homeowner's exemption	$184,200 Land $29,900 Building $154,300	$184,200 Land $29,900 Building $154,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 494 Walnut St in Zone X, an area of moderate flood risk, though there have been 7 flood claims nearby since 2008.

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 moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	9 in force
Nearby Flood Claims	7 (2008–2017)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Jul 2017 · river or lake flooding
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 3 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

The area around 494 Walnut St has no burnable land within ember reach, so its wildfire risk is not rated.

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 523 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
AT&T Fixed Wireless	100 / 20

May also be available: JC Fiber, T-Mobile.

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