7131 E 550 S, Franklin, IN 46131 Property Records

Johnson County property record for 7131 E 550 S, Franklin, IN 46131

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 2,026 sqft · built 1977
Lot Size5.06 acres (220,414 sqft)
OwnerIndividual Name on File
Tax Bill$3,049 (2025)
Flood ZoneZone X (minimal risk)
APN93001501010/00

Property Details

APN / Parcel Number

Primary APN93001501010/00
Alternative APNs
  • 41-12-15-032-010.000-004
  • 00001112629

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms7 Rooms
Stories2 Stories
Building Area2,026 sqft Living Area
1st Floor Area2,026 sqft
AtticAttic
Attic Area476 sqft
Family RoomFamily Room

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1977
Construction TypeMasonry / Concrete Block
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area220,414 sqft (5.06 acres)
Garage TypeDetached
Garage Area1,280 sqft
Parking Spaces4 Parking Spaces
Patio Area42 sqft
Shed1 Shed
Shed Area160 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number00001112629
Street Address7131 E 550 S
CityFRANKLIN
StateIN
Zip46131-8012
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeA1
Legal DescriptionSW S15 T11 R5
Legal Range5
Legal Township11
Legal Section15
JurisdictionJOHNSON IN
Township / Civil DivisionBLUE RIVER
Census Block Group3
Census Block3028
Census Tract611200

Owner

7131 E 550 S is owned and occupied by an individual who acquired it in January 2007.

Source: Johnson County records, as of October 13, 2026

Owner of RecordIndividual Name on File
Mailing Address7131 E 550 S, FRANKLIN, IN 46131-8012
OccupancyOwner Occupied
Owner TypeIndividual
VestingBorrower in Default

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

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateJan 5, 2007
Transfer Doc2007000534
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 7131 E 550 S was $3,049 with a homeowner's exemption, up 8% from the year before.

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$3,049.00 (+8.04%) Homeowner's exemption$308,700 Land $75,500 Building $233,200$308,700 Land $75,500 Building $233,200
2024$2,822.00 (+2.32%)
2023$2,758.00 (-8.31%)$250,900 (+0.08%) Land $75,500 Building $175,400$250,900 (+0.08%) Land $75,500 Building $175,400
2022$3,008.00$250,700 Land $75,500 Building $175,200$250,700 Land $75,500 Building $175,200

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

Flood

FEMA maps place 7131 E 550 S in Zone X, an area of minimal flood risk, though there have been 20 flood claims nearby since 1990.

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

Wildfire risk around 7131 E 550 S is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 63% of Indiana
Wildfire LikelihoodUnder 0.01% 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 14 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
JC Fiber
Fiber
3,000 / 3,000
Starlink
Satellite
280 / 30

May also be available: Verizon.

Nearby Properties on E 550 S

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