5998 S 550 E, Franklin, IN 46131 Property Records

Johnson County property record for 5998 S 550 E, Franklin, IN 46131

Property Summary

Property TypeRural Home
Details3 bd · 2.5 ba · 3,771 sqft · built 2021
Lot Size15.3 acres (667,034 sqft)
OwnerIndividual Name on Record
Tax Bill$9,779 (2025)
Deeds & MortgagesApr 2022 Mortgage
Mar 2021 Transfer
Flood ZoneZone X (minimal risk)
APN41-12-20-012-002.000-004

Property Details

APN / Parcel Number

Primary APN41-12-20-012-002.000-004
Alternative APN
  • 00001112913

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures15 Plumbing Fixtures
Total Rooms5 Rooms
Stories2 Stories
Building Area3,771 sqft Living Area
1st Floor Area3,771 sqft
Basement Area2,949 sqft
Unfinished Basement2,949 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2021
Effective Year BuiltEffective 2021
Construction TypeMasonry / Concrete Block
Roof MaterialAsphalt
Lot Area667,034 sqft (15.3 acres)
Garage TypeAttached
Garage Area1,254 sqft
Parking Spaces4 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number00001112913
Street Address5998 S 550 E
CityFRANKLIN
StateIN
Zip46131-8000
Property CategoryResidential
Property TypeResidential > Single Family > Rural Home
Legal DescriptionMDR MINOR PLAT LOT 3
Legal SubdivisionMDR MINOR PLAT
Legal Lot Number3
JurisdictionJOHNSON IN
Township / Civil DivisionBLUE RIVER
Census Block Group3
Census Block3038
Census Tract611200

Owner

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

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

Owner of RecordIndividual Name on Record
Mailing Address5998 S 550 E, FRANKLIN, IN 46131-8000
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Apr 13, 2022Deed of Trust, Mortgage · Conventional Mortgage
FIRST FINANCIAL BANK FSB
Mar 2, 2021Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

April 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionJOHNSON IN
Property Address5998 S 550 E, FRANKLIN, IN 46131-8000
Transaction TypeMortgage
Record UpdatedFeb 3, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022008201
DateApr 13, 2022
Instrument2022-008201
Lender
NameFIRST FINANCIAL BANK FSB
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMay 1, 2052
Interest
Rate TypeFixed Rate

March 2021: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionJOHNSON IN
Recording DateMar 2, 2021
Property Address5998 S 550 E, FRANKLIN, IN 46131-8000
Document Number2021006345
Map ReferenceIN 2013-025852
Instrument DateMar 2, 2021
Instrument2021-006345
Transaction TypeTransfer
Record UpdatedFeb 3, 2023

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address5998 S 550 E, FRANKLIN, IN 46131-8000

Tax Assessment & Valuation

Source: Johnson County assessment roll, as of June 19, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyJohnson County
County SubdivisionBlue River Township
Unified School DistrictEdinburgh Community School Corporation (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$9,779.00 (-16.14%) Homeowner's exemption$902,900 (-7.62%) Land $110,900 Building $792,000$902,900 (-7.62%) Land $110,900 Building $792,000
2024$11,661.00 (-5.16%) Homeowner's exemption$977,400 (+0.28%) Land $111,500 Building $865,900$977,400 (+0.28%) Land $111,500 Building $865,900
2023$12,296.00 (+3.96%) Homeowner's exemption$974,700 (+5.92%) Land $108,800 Building $865,900$974,700 (+5.92%) Land $108,800 Building $865,900
2022$11,828.00$920,200 Land $108,800 Building $811,400$920,200 Land $108,800 Building $811,400

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies5 in force
Nearby Flood Claims20 (1990–2017)
Claims Outside the SFHA1 of 20
Most Recent ClaimJul 2017 · river or lake flooding
Claims by Event
  • Severe Storms, Flooding, And Tornadoes, Jun 2008 · 4 claims
  • Severe Winter Storms And Flooding, Jan 2005 · 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 RiskLow
lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 1 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Fiber
2,000 / 2,000

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