1497 S 700 E, Franklin, IN 46131
Property image
Property image
OFF MARKET

$437,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,656 sqft (on 2 acres)

1497 S 700 E, Franklin, IN 46131

Est. Refi. Payment $2,472/mo*
Refinance Your Home
Currently Off Market - Sold Oct 30, 2023 for $405,000

Home Value

Trulia Estimate
$438K
Since last month
Decreased$500 (-0.1%)
Since last year
Increased$16K (+3.7%)
Since last sale
Increased$32K (+8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +198% in the last 10 years
MonthEstimated value
2026
August 2026$437K
August 2026$437K
July 2026$438K
June 2026$438K
May 2026$436K
April 2026$437K
March 2026$421K
February 2026$419K
January 2026$417K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
313 S 600 E, Franklin, IN
1.49
Single-Family Home
$409,000
09/26/25
3
2
2,544
1980 S 550 E, Franklin, IN
1.69
Single-Family Home
$600,000
12/15/25
3
2.5
2,392
808 N 700 E, Franklin, IN
2.37
Single-Family Home
$420,000
08/21/26
3
2
2,072
7735 W Shelby 350 S, Franklin, IN
2.41
Single-Family Home
$380,000
06/22/26
3
2
2,568
2035 S 550 E, Franklin, IN
1.72
Single-Family Home
$925,000
06/12/26
3
3.5
3,746
6227 E State Road 44, Franklin, IN
2.10
Single-Family Home
$340,000
06/17/26
4
2.5
4,638
7214 E 100 N, Franklin, IN
2.59
Single-Family Home
$264,900
02/20/26
3
2.5
1,748
535 S 450 E, Franklin, IN
2.64
Single-Family Home
$254,000
07/24/26
3
1.5
1,631
1175 S Old Us Highway 31, Franklin, IN
3.08
Single-Family Home
$217,000
12/05/25
3
1.5
1,178
5991 Evelyn Ave, Franklin, IN
2.80
Single-Family Home
$225,000
01/30/26
3
2
1,488

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7023 E Greensburg Rd, Franklin, IN 46131
0.65
$254,500
2
1.5
2,640
Off Market
E, Franklin, IN 46131
1.00
$2,307,650
-
-
-
Recently Sold
5761 E Greensburg Rd, Franklin, IN 46131
1.35
$561,600
3
3
2,667
Off Market
5495 E Greensburg Rd, Franklin, IN 46131
1.50
$450,000
3
2
1,773
For Sale
313 S 600 E, Franklin, IN 46131
1.49
$412,700
3
2
2,544
Off Market

Local Information

  • Map ViewExplore the area around 1497 S 700 E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
2 acre lot
1,656 sqft
$264/sqft
2 Car Garage

About this House

Discover your dream home on 2 serene acres in a beautiful country setting a few miles east of downtown Franklin. This 3-bed, 2-bath gem features a large updated kitchen, hardwood floors, an open floor plan, and many windows providing natural light. Enjoy the sunrise from the family room or the outdoor deck, and savor porch sitting on the spacious front porch. Trex decking used to build both outdoor living areas. The outbuilding, (new in 2020) can be utilized as an additional garage with plenty of space for your personal workshop and storage needs. Close to town and the interstate, this property blends the best of country and convenience. Don't miss this opportunity!
1497 S 700 E, Franklin, IN 46131 is a 3 bedroom, 2 bathroom, 1,656 sqft single-family home built in 1997. It last sold for $405,000 on Oct 30, 2023 (4% above the $390,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $437,800, with a rent estimate of $1,850/month.
Last check for updates: about 2 hours ago
Listed by Debra Brown-Nally
Carpenter, REALTORS®
Mark Nally, (317) 440-5085
Carpenter, REALTORS®
Bought with: Sherrie Vaughan, (317) 250-3576, Real Broker, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21943222

Home Details for 1497 S 700 E

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1656 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Water Heater, Water Softener OwnedDishwasherDisposalLaundry: Laundry RoomRefrigerator
Heating & Cooling
Heating: PropaneHas CoolingHas HeatingHeating Fuel: Propane
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Accessible Full Bath

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckOther Structures: OutbuildingFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410727032009004017

Price & Status

Price
List Price: $390,000
Status Change & Dates
Off Market Date: Fri Sep 15 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: FranklinCommunity: No Subdivision
School Information
Jr High / Middle School: Franklin Community Middle SchoolHigh School: Franklin Community High SchoolHigh School District: Franklin Community School Corp

Building

Building Area
Building Area: 1656 Square Feet

HOA

No HOA

Lot Information

Lot Area: 2 Acres

Miscellaneous

Mls Number: 21943222

Price and Tax history

DateEventPrice
Oct 30, 2023
Source: MIBOR as distributed by MLS GRID #21943222
Sold
$405,000
Sep 15, 2023
Source: MIBOR as distributed by MLS GRID #21943222
Pending
$390,000
Sep 14, 2023
Source: MIBOR as distributed by MLS GRID #21943222
Listed For Sale
$390,000

Market trends in Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$285K
$2.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$174
$11MoM
Available listings
114
3MoM

Around this home

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
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-07 06:38:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1497 S 700 E

  • What is 1497 S 700 E estimated to be worth?
    Trulia's estimated value for 1497 S 700 E in Franklin, IN is $437,800.
  • What is the price history for 1497 S 700 E?
    1497 S 700 E in Franklin, IN last sold for $405,000 in October 2023.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Franklin?
    The median sale price in Franklin is $285K. That is up $2.67K from the prior month.
  • Does 1497 S 700 E have air conditioning?
    Yes, 1497 S 700 E in Franklin, IN has air conditioning.
  • Does 1497 S 700 E have laundry facilities?
    Yes, 1497 S 700 E in Franklin, IN has laundry facilities.

Explore by feature - Pet Friendly

47 pet-friendly rentals in Franklin, IN

Explore by feature - Garage

37 rentals with a garage in Franklin, IN

Explore by feature - Air Conditioning

35 rentals with air conditioning in Franklin, IN

Explore by feature - Pool

8 rentals with a pool in Franklin, IN

Explore by feature - Washer/dryer

31 rentals with a washer/dryer in Franklin, IN

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 1497 S 700 E

Skip to last item
Skip to first item

Homes for sale near 1497 S 700 E

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item