1240 E King St, Franklin, IN 46131
OFF MARKET

1240 E King St
Franklin, IN 46131

  • 4 Beds
  • 2 Baths
  • 4,028 sqft

$309,700

Trulia Estimate
as of Aug 8, 2026

$309,700

Trulia Estimate
as of Aug 8, 2026
4 Beds
2 Baths
4,028 sqft

Local Information

  • Map ViewExplore the area around 1240 E King St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1956
Living Area
4,028 sqft
Price/Sqft
$77
Parking
Garage

About this House

Beautiful home with large fenced in back yard!
1240 E King St, Franklin, IN 46131 is a 4 bedroom, 2 bathroom, 4,028 sqft single-family home built in 1956. It last sold for $131,000 on May 14, 2015. It is currently off market. The Trulia Estimate is $309,700, with a rent estimate of $1,961/month.

Home Details for 1240 E King St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central, OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood, Linoleum Vinyl
Interior Details
Number of Rooms: 11Types of Rooms: Breakfast Nook, Dining Room, Family Room, Laundry Room, Workshop, Sun RoomWet Bar
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 100 sqft

Price History for 1240 E King St

DatePriceEventSource
03/24/2021ListingRemovedN/A
05/14/2015$131,000Sold
MIBOR as distributed by MLS GRID #21346225
03/09/2015$139,900Listed For SaleN/A
01/23/2015$140,000ListingRemovedAgent Provided
01/06/2015$140,000PriceChange
Agent Provided
12/31/2014$142,500PriceChange
Agent Provided
10/23/2014$145,000PriceChange
Agent Provided
09/17/2014$147,400PriceChange
Agent Provided
07/24/2014$149,900Listed For SaleAgent Provided
11/27/2009$169,900ListingRemovedAgent Provided
06/25/2009$169,900Listed For SaleAgent Provided

Market trends in Franklin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$283K
$12.5KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$162
$7MoM
Available listings
117
2MoM
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Property Tax and Assessment

Year2025
Tax$2,749
Assessment$266,400
Home facts updated by county records

Comparable Sales for 1240 E King St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
41 N Middleton Rd, Franklin, IN
0.13
Single-Family Home
$239,000
04/08/26
3
2
1,600
1265 E Adams Dr, Franklin, IN
0.06
Single-Family Home
$325,000
10/07/25
3
1.5
1,511
1000 E King St, Franklin, IN
0.35
Single-Family Home
$330,000
09/15/25
4
1.5
3,231
1210 E Adams Dr, Franklin, IN
0.10
Single-Family Home
$365,000
10/22/25
3
1.5
1,816
1121 E Adams Dr, Franklin, IN
0.20
Single-Family Home
$510,000
12/29/25
4
2
2,458
21 S Dawn Dr, Franklin, IN
0.18
Single-Family Home
$259,439
04/15/26
3
2
1,424
998 E King St, Franklin, IN
0.38
Single-Family Home
$320,000
01/14/26
4
1.5
2,724
1130 E Adams Dr, Franklin, IN
0.19
Single-Family Home
$294,900
12/04/25
3
2
1,441
998 E Jefferson St, Franklin, IN
0.39
Single-Family Home
$286,000
05/22/26
3
1.5
2,955
99 N Forsythe St, Franklin, IN
0.35
Single-Family Home
$450,000
04/30/26
4
2.5
4,464

Nearby homes

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Assigned Schools

These are the assigned schools for 1240 E King St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Franklin

At least 209 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 88 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say parking is easy

  • 80 % Say there are sidewalks

  • 79 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 58 % Say it's quiet

  • 57 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to restaurants

  • 37 % Say there's wildlife

  • 30 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jobrown2026
    "The neighborhood has a lot of families. There are a lot of fun things to do. There are a lot of restaurants and parks."
    0
    Flag
  • Jon Mershon
    "Lots of family’s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
    0
    Flag
  • Lori.speicher
    "Franklin is like a Hallmark town. So much fun during the holidays. Festivals and parades. Great restaurants, breweries and coffee shops. The amphitheater is a great place to listen to music in the summer. "
    0
    Flag
  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
    0
    Flag
  • Swirlyrook1.nf
    "some places have dog parks or a lot of homes have fenced in backyards. a lot of landlords also allow most dog breeds. "
    1
    Flag
  • Rose W.
    "Dogs bark. Kids scream and yell. So which is more annoying? Trouble stirring people with no life. Need to quit complaining about dogs barking. They bark. Kids scream, yell, show their nasty little attitudes. Lets do something about that. "
    1
    Flag
  • Audrey W.
    "Family friendly neighborhoods. Local shopping and restaurants. Well maintained yards and homes. Safety is never a concern for me in Franklin. Community very inviting."
    3
    Flag
  • Ryan F.
    "Franklin is a great place to live, but the water quality and history of toxic warehouses are enough to want to look outside of the town"
    6
    Flag
  • Levi C.
    "Lived here my whole life. Still has that small town vibe with the touch of southern hospitality. Hopefully I can raise my children here as well"
    2
    Flag
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
    2
    Flag
  • Brittany.barton14
    "Lived here my whole life 27 years! and its safe, clean, people are friendly! The schools are great and the town is definitely growing the downfall is the housing prices."
    0
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  • Kat V.
    "I’ve lived in this neighborhood for 15 years. It’s a great place to raise a family. Lots of parks, local shops and restaurants."
    0
    Flag
  • Kat V.
    "Great place to raise your family. Walk to everywhere with trails to all the parks. Quiet and quaint small town close to Indy."
    0
    Flag
  • F.rachel.enoch
    "quiet for a subdivision we all come together when someone is need . gather on the culdasc to visit with one another while children play "
    0
    Flag
  • Kat V.
    "The city has a great walking/running trail that links all the local parks together plus a dog park. Great small city with a private college which is perfect for raising children."
    0
    Flag
  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. 😊"
    0
    Flag
  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
    0
    Flag
  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
    0
    Flag
  • Roberta O.
    "I have lived here a little over a year, it's very quiet and the neighbors are super friendly. We live in the back so there isn't much traffic and my kids can play outside. "
    0
    Flag
  • Maheinicke
    "The college, the dive bars - The Jeff St Pub, and The Willard, and the Art Craft Theater are the best reasons. The scenery is actually nice, the drives on 144 and 44 are nice on summer drives with the top off, or during the fall when the leaves are pretty. "
    0
    Flag
  • Morgan M.
    "Near the college campus has great paved trails for running, walking and biking! Historic buildings and homes make for a charming unique place to live!"
    0
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  • Heather C.
    "There’s sidewalks everywhere to walk your dog. Dog parks. Parks. It’s ideal for dog owners. There’s nothing bad at all I can think of. "
    0
    Flag
  • Shalee G.
    "people take care of their lawns. walk their dogs. some neighbors are nosey. but what neighbors are not. i spend a whole year living in franklin without a car. it was hard but doable. everything is real close and conventient if you live by north morton st. "
    0
    Flag
  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
    0
    Flag
  • Jessica M.
    "the houses are pretty close together, so if your dogs like to bark at people or other dogs, it could be very annoying"
    0
    Flag
  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

45 pet-friendly rentals in Franklin, IN

Explore by feature - Garage

25 rentals with a garage in Franklin, IN

Explore by feature - Air Conditioning

32 rentals with air conditioning in Franklin, IN

Explore by feature - Pool

7 rentals with a pool in Franklin, IN

Explore by feature - Washer/dryer

22 rentals with a washer/dryer in Franklin, IN

Homes for sale near 1240 E King St

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Off Market Homes Near 1240 E King St

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Frequently asked questions about 1240 E King St

  • What is 1240 E King St estimated to be worth?
    Trulia's estimated value for 1240 E King St in Franklin, IN is $309,700.
  • What is the price history for 1240 E King St?
    1240 E King St in Franklin, IN last sold for $131,000 in May 2015.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Franklin?
    The median sale price in Franklin is $283K. That is down $12.5K from the prior month.
  • Does 1240 E King St have air conditioning?
    Yes, 1240 E King St in Franklin, IN has air conditioning.
  • Does 1240 E King St have laundry facilities?
    Yes, 1240 E King St in Franklin, IN has laundry facilities.