771 Commerce Dr, Franklin, IN 46131 Property Records

Johnson County property record for 771 Commerce Dr, Franklin, IN 46131

Property Summary

Property Type	Gym, Health Spa
Details	9,800 sqft · built 2015
Lot Size	1.96 acres (85,378 sqft)
Owner	Company Name on Record
Last Sale	$899,000 (Nov 2021)
Tax Bill	$24,615 (2025)
Deeds & Mortgages	Nov 2021 Mortgage Aug 2023 Transfer + 2 more
Flood Zone	Zone X (minimal risk)
APN	`51001101029/10`

Property Details

APN / Parcel Number

Primary APN	`51001101029/10`
Alternative APNs	`41-08-11-021-010.000-009` `00001080669`

Interior

Stories	1 Story
Building Area	9,800 sqft Total Area
1st Floor Area	9,800 sqft

Exterior

Year Built	Built 2015
Effective Year Built	Effective 2015
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	85,378 sqft (1.96 acres)

Utilities, Heating & Cooling

Sewer	Connected

Location & Zoning

Account Number	00001080669
Street Address	771 COMMERCE DR
City	FRANKLIN
State	IN
Zip	46131-9141
Property Category	Commercial
Property Type	Commercial > Retail > Gym, Health Spa
Legal Description	RSW INDUSTRIAL PARK SECTION ONE LOT 4 RSW INDUSTRIAL PARK SEC 1 LOTS 3 & 4 MP FRANKLIN COMMUNI
Legal Subdivision	RSW INDUST PARK SEC 1
Legal Lot Number	4,3-4
Jurisdiction	JOHNSON IN
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1065
Census Tract	610802

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	6672 W 375 N, BARGERSVILLE, IN 46106-9551
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Nov 19, 2021	Deed of Trust, Mortgage · Conventional Mortgage MUTUAL SAVINGS BANK
Aug 10, 2023	Intrafamily Transfer, Transfer
Feb 13, 2023	Deed of Trust, Mortgage · Commercial Mortgage MUTUAL SAVINGS BANK
Nov 19, 2021	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 19, 2021 · Amount on Record
Deed Sale	Nov 19, 2021 · Amount on Record
Deed Document Number	202134412
Last Transfer Date	Aug 10, 2023
Transfer Doc	2023012376
Record Updated	Oct 29, 2026

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	771 COMMERCE DR, FRANKLIN, IN 46131-9141
Transaction Type	Mortgage
Record Updated	Nov 16, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2021034413
Date	Nov 19, 2021
Instrument	2021-034413

Lender

Name	MUTUAL SAVINGS BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Nov 18, 2041

Interest

Rate Type	Adjustable Rate

August 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	JOHNSON IN
Recording Date	Aug 10, 2023
Property Address	771 COMMERCE DR, FRANKLIN, IN 46131-9141
Document Number	2023012376
Map Reference	PB D PG 760 A&B
Instrument Date	Aug 10, 2023
Instrument	2023-012376
Transaction Type	Transfer
Record Updated	Aug 30, 2023

Transaction

Tax	$0.00
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6672 W 375 N, BARGERSVILLE, IN 46106-9551

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6672 W 375 N, BARGERSVILLE, IN 46106-9551

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JOHNSON IN
Property Address	771 COMMERCE DR, FRANKLIN, IN 46131-9141
Transaction Type	Mortgage
Record Updated	Mar 1, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023001844
Date	Feb 13, 2023
Instrument	2023-001844

Lender

Name	MUTUAL SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Aug 9, 2043

Interest

Rate Type	Adjustable Rate

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	JOHNSON IN
Recording Date	Nov 19, 2021
Property Address	771 COMMERCE DR, FRANKLIN, IN 46131-9141
Document Number	2021034412
Map Reference	PC D PG 760 A&B
Instrument Date	Nov 18, 2021
Instrument	2021-034412
Transaction Type	Transfer
Record Updated	Feb 9, 2023

Transaction

Amount	Amount Recorded
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	6672 W 375 N, BARGERSVILLE, IN 46106-9551

Tax Assessment & Valuation

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	$24,615.00 (-6.25%)	$971,100 (+40.29%) Land $453,000 Building $518,100	$971,100 (+40.29%) Land $453,000 Building $518,100
2024	$26,256.00 (+30.87%)
2023	$20,062.00 (+13.6%)	$692,200 (+20.03%) Land $231,000 Building $461,200	$692,200 (+20.03%) Land $231,000 Building $461,200
2022	$17,660.00	$576,700 Land $115,500 Building $461,200	$576,700 Land $115,500 Building $461,200

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 Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	3 (2008–2017)
Most Recent Claim	Jul 2017 · river or lake flooding

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 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 9 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
JC Fiber Fiber	3,000 / 3,000
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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