551 E King St, Franklin, IN 46131 Property Records

Johnson County property record for 551 E King St, Franklin, IN 46131 · Last verified June 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 2,002 sqft · built 1910
Lot Size	0.22 acres (9,583 sqft)
Owner	Individual Name on File
Tax Bill	$2,463 (2025)
Flood Zone	Zone AE (high risk)
APN	`51001434020/00`

Property Details

APN / Parcel Number

Primary APN	`51001434020/00`
Alternative APNs	`41-08-14-044-021.000-009` `00001088951`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	10 Rooms
Stories	2 Stories
Building Area	2,002 sqft Living Area
1st Floor Area	2,002 sqft
Basement Area	916 sqft
Unfinished Basement	916 sqft
Family Room	Family Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1965
Construction Type	Wood
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	9,583 sqft (0.22 acres)
Lot Dimensions	142 ft deep x 67 ft wide
Garage Type	Detached
Garage Area	768 sqft
Parking Spaces	3 Parking Spaces
Porch	Porch
Porch Area	220 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00001088951
Street Address	551 E KING ST
City	FRANKLIN
State	IN
Zip	46131-1837
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	HAMILTON ADD PT LOT 2 MP FRANKLIN COMMUNI
Legal Subdivision	HAMILTON ADD
Legal Lot Number	2
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1023
Census Tract	611000

Owner

Source: Johnson County records · APN 51001434020/00

Assessment roll updated June 19, 2026 · Last verified June 2026

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

Owner of Record	Individual Name on File
Mailing Address	551 E KING ST, FRANKLIN, IN 46131-1837
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Oct 01, 2012
Transfer Doc	2012023459
Record Updated	Sep 20, 2026

Tax Assessment & Valuation

Source: Johnson County records · Assessment roll updated June 19, 2026 · Last verified June 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,463.00 (+3.01%) Homeowner's exemption	$240,800 (+11.07%) Land $30,300 Building $210,500	$240,800 (+11.07%) Land $30,300 Building $210,500
2024	$2,391.00 (-0.62%)
2023	$2,406.00 (+2.08%) Homeowner's exemption	$216,800 (+2.8%) Land $30,300 Building $186,500	$216,800 (+2.8%) Land $30,300 Building $186,500
2022	$2,357.00 (+11.81%) Homeowner's exemption	$210,900 Land $30,300 Building $180,600	$210,900 Land $30,300 Building $180,600
2021	$2,108.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Johnson County (18081C), updated September 30, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone AE
Flood Hazard	High
100-Year Floodplain	Yes 1% annual chance
Special Flood Hazard Area	Yes
Flood Insurance Requirement	Required (federally backed mortgages)
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.