498 Walnut St, Franklin, IN 46131 Property Records

Johnson County property record for 498 Walnut St, Franklin, IN 46131

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,048 sqft · built 1980
Lot Size	0.375 acres (16,335 sqft)
Owner	Company Name on File
Last Sale	$139,000 (Apr 2020)
Tax Bill	$1,901 (2025)
Deeds & Mortgages	Mar 2026 Line of Credit Apr 2023 Line of Credit + 7 more
Flood Zone	Zone X (moderate risk)
APN	`51001440071/00`

Property Details

APN / Parcel Number

Primary APN	`51001440071/00`
Alternative APNs	`41-08-14-031-065.000-009` `00001087049`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,048 sqft Living Area
1st Floor Area	1,048 sqft
Basement Area	1,048 sqft

Exterior

Year Built	Built 1980
Effective Year Built	Effective 1980
Construction Type	Concrete Block
Roof Material	Asphalt
Lot Area	16,335 sqft (0.375 acres)
Lot Dimensions	150 ft deep x 109 ft wide
Garage Type	Detached
Garage Area	480 sqft
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	112 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001087049
Street Address	498 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

498 Walnut St is owned by a company that bought it in April 2020 and is owner-occupied.

Source: Johnson County records, as of June 19, 2026

Owner of Record	Company Name on File
Mailing Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Occupancy	Owner Occupied
Owner Type	Company

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

Deeds, Mortgages & Sale History

Date	Document
Mar 30, 2026	Deed of Trust, Mortgage · Line of Credit PNC BANK
Apr 21, 2023	Deed of Trust, Mortgage · Line of Credit PNC BANK
Apr 21, 2023	Deed of Trust, Mortgage · Line of Credit PNC BANK
Apr 20, 2020	Warranty Deed, Transfer · FHA Mortgage PNC BANK
Aug 24, 2015	Warranty Deed, Transfer · FHA Mortgage ACADEMY MORTGAGE CORP
May 14, 2013	Deed, Transfer
Feb 27, 2013	Sheriff's Deed, Foreclosure
Jan 9, 2007	Warranty Deed, Transfer · Conventional Mortgage FIRST FRANKLIN FINANCIAL CORP
Apr 12, 2005	Deed, Transfer · ARM ARGENT MORTGAGE CO LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 20, 2020 · Amount on File
Deed Sale	Apr 20, 2020 · Amount on File
Prior Sale	Aug 24, 2015 · Amount on File
Deed Document Number	20209618
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Transaction Type	Mortgage
Record Updated	Jun 22, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2026006404
Date	Mar 30, 2026
Instrument	2026-006404

Lender

Name	PNC BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	480 Months
Due	Mar 25, 2066

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Transaction Type	Mortgage
Record Updated	Jun 22, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	2023005700
Date	Apr 21, 2023
Instrument	2023-005700

Lender

Name	PNC BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Apr 25, 2063

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Transaction Type	Mortgage
Record Updated	Jun 9, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023005700
Date	Apr 21, 2023
Instrument	2023-005700

Lender

Name	PNC BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Apr 25, 2063

April 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Apr 20, 2020
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2020009618
Instrument Date	Apr 13, 2020
Instrument	2020-009618
Transaction Type	Transfer
Record Updated	Jun 22, 2026
Title Company	SECURITY TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

Mortgage

Document Number	2020009619
Date	Apr 20, 2020
Instrument	2020-009619

Lender

Name	PNC BANK
Type	Bank

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	May 1, 2050

Interest

Rate Type	Fixed Rate

August 2015: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Aug 24, 2015
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2015019272
Instrument Date	Jul 21, 2015
Instrument	2015-019272
Transaction Type	Transfer
Record Updated	Jun 22, 2026

Transaction

Tax	$0.00
Additional	Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

Mortgage

Document Number	2015019273
Date	Aug 24, 2015
Instrument	2015-019273

Lender

Name	ACADEMY MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Aug 1, 2045

May 2013: Deed, Transfer

Document Type	Deed
Jurisdiction	JOHNSON IN
Recording Date	May 14, 2013
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2013011757
Instrument Date	Apr 11, 2013
Instrument	2013-011757
Transaction Type	Transfer
Record Updated	Jun 22, 2026

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

February 2013: Sheriff's Deed, Foreclosure

Document Type	Sheriff's Deed
Jurisdiction	JOHNSON IN
Recording Date	Feb 27, 2013
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2013004913
Instrument Date	Feb 21, 2013
Instrument	2013-004913
Transaction Type	Foreclosure
Record Updated	Jun 22, 2026

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1644 FRY RD, GREENWOOD, IN 46142-1123
Investor	Possibly a Property Investor

January 2007: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Jan 9, 2007
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2007000697
Instrument Date	Dec 29, 2006
Instrument	2007-000697
Transaction Type	Transfer
Record Updated	Jun 22, 2026

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	438 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

Mortgage

Document Number	2007000698
Date	Jan 9, 2007
Instrument	2007-000698

Lender

Name	FIRST FRANKLIN FINANCIAL CORP
Type	Subprime Lender
Address	SAN JOSE, CA 95131

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jan 1, 2037
Prepayment Penalty	36 Months

April 2005: Deed, Transfer

Document Type	Deed
Jurisdiction	JOHNSON IN
Recording Date	Apr 12, 2005
Property Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Document Number	2005009296
Instrument Date	Feb 16, 2005
Instrument	2005-009296
Transaction Type	Transfer
Record Updated	Jun 22, 2026

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	498 WALNUT ST, FRANKLIN, IN 46131-1309
Investor	Possibly a Property Investor

Mortgage

Document Number	2005009297
Date	Apr 12, 2005
Instrument	2005-009297

Lender

Name	ARGENT MORTGAGE CO LLC
Type	Mortgage Company
Address	ORANGE, CA 92868

Agreement

Type	ARM
Amount	Amount on Record
Term	359 Months
Due	Mar 1, 2035

Interest

Rate Type	Adjustable Rate
Rate	8%
Type Change Date	Mar 1, 2007
Change Frequency	6 Months
Min Rate At Change	8%
Max Rate At Change	10%
Index	6-Month LIBOR
Margin	6
Max Rate	14%

Tax Assessment & Valuation

The 2025 property tax bill for 498 Walnut St was $1,901 with a homeowner's exemption, down 12.2% 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	$1,901.00 (-12.15%) Homeowner's exemption	$189,600 Land $40,600 Building $149,000	$189,600 Land $40,600 Building $149,000
2024	$2,164.00 (+7.93%)
2023	$2,005.00 (+7.39%) Homeowner's exemption	$182,400 (+7.99%) Land $40,600 Building $141,800	$182,400 (+7.99%) Land $40,600 Building $141,800
2022	$1,867.00 Homeowner's exemption	$168,900 Land $40,600 Building $128,300	$168,900 Land $40,600 Building $128,300

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

Flood

FEMA maps place 498 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 498 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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