2035 S  550 E, Franklin, IN 46131
FOR SALE
10 ACRES

2035 S 550 E
Franklin, IN 46131

  • 3 Beds
  • 3.5 Baths
  • 3,746 sqft (on 10 acres)

$925,000

Est. Mortgage $4,764/mo*

$925,000

Est. Mortgage $4,764/mo*
3 Beds
3.5 Baths
3,746 sqft
(on 10 acres)
We estimate this home will sell faster than 81% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Custom-built Craftsman-style home on 10 scenic acres in Franklin featuring an open-concept layout with 11-foot ceilings, exposed wood beams, and expansive windows with water views. Kitchen includes granite countertops, custom cabinetry, eat-in area, and a compliment of kitchen appliances. Main-level primary suite offers pond views, clawfoot tub, tiled shower, and two walk-in closets. Upstairs includes theater room, bonus room, and office added in 2020. Outdoor features include patio overlooking a 2-acre stocked pond, approximately 3 wooded acres, and a 66x50 pole barn with concrete floor, electricity, water, and car lift. Recent updates include flooring, Trane HVAC (2020), water softener (2023), and gas fireplace insert (2023). Convenient access to I-65, Franklin, Columbus, and Downtown Indy. Showings by appointment only. No sign in yard. Please do not drive back to the home without an appointment. Property has cameras for security.
We estimate this home will sell faster than 81% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$247
Listed
8 days ago

Home Details for 2035 S 550 E

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Bedroom 2, Bedroom 3, Bonus Room, Breakfast Room, Dining Room, Home Theatre, Kitchen, Laundry, Office
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 3746 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Induction Cooktop, MicroHood, Oven, Convection Oven, Refrigerator, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Induction Cooktop,Main Level,SinkRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Heat PumpHas CoolingAir Conditioning: Central Air,Heat PumpHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Blower Fan, Gas LogHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Pond
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Foundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 8Days on Market: 8

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Vinyl With StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410732012001002019

Price & Status

Price
List Price: $925,000Price Per Sqft: $247
Status Change & Dates
Possession 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

Agent Information

Listing Agent
Listing ID: 22093772

Building

Building Area
Building Area: 3746 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10 Acres

Listing Info

Special Conditions: Broker Owned, Sales Disclosure Supplements

Miscellaneous

Mls Number: 22093772Attic: Access OnlyWater View: Pond
Last check for updates: about 5 hours ago
Listing Provided by: Stacy Sims, (317) 667-9797
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID, MLS#22093772

Price History for 2035 S 550 E

DatePriceEventSource
05/02/2026$925,000Listed For SaleMIBOR as distributed by MLS GRID #22093772
09/05/2019$629,000ListingRemovedAgent Provided
08/18/2019$629,000PendingAgent Provided
07/19/2019$629,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$7,127
Assessment$655,700
Home facts updated by county records

Comparable Sales for 2035 S 550 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$600,000
12/15/25
3
2.5
2,392
0.48
Single-Family Home
$435,000
06/30/25
3
2
3,006
0.75
Single-Family Home
$280,000
09/05/25
4
2
1,824
1.12
Single-Family Home
$560,000
09/08/25
4
3
3,160
1.47
Single-Family Home
$459,000
04/28/26
4
3
2,034
1.44
Single-Family Home
$320,000
08/01/25
4
2.5
1,862
1.53
Single-Family Home
$477,000
08/15/25
5
2.5
2,560
1.92
Single-Family Home
$409,000
09/26/25
3
2
2,544
1.70
Single-Family Home
$251,000
07/01/25
3
1.5
1,328
1.85
Single-Family Home
$217,000
12/05/25
3
1.5
1,178

Assigned Schools

These are the assigned schools for 2035 S 550 E.
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 208 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

  • 79 % 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

  • 28 % Say there are community events

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."
  • Jon Mershon
    "Lots of family’s great for raising a family, and starting a family! Highly recommend this area to anyone looking to move. "
  • 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. "
  • 5z7svvcjmr
    "It’s a great safe place for families. Good schools and not a lot of unwell maintained homes. I love this area. "
  • 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. "
  • 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. "
  • 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."
  • 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"
  • 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"
  • Dylan B.
    "It seems like people like walking their dogs on the long trail around town or through the square. enjoy."
  • 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."
  • 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."
  • 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."
  • 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 "
  • 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."
  • Erika
    "There is a nice dog park and plenty of side walks for your fur babies to get exercise and socialize as well. 😊"
  • Loriprince210
    "There are multiple dog owners always walking their dogs. Dogs are a welcome addition to the neighborhood. "
  • Sashahernandez2
    "Is a good place to live and neighborhood is good also and friendly schools are close and a lot of stores close too"
  • 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. "
  • 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. "
  • 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!"
  • 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. "
  • 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. "
  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
  • 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"
  • Erin S.
    "Nice place to live. Parks and recreation are amazing. Good place to raise your family or retire with your spouse "

LGBTQ Local Legal Protections

Stacy Sims, Keller Williams Indy Metro S
Agent Phone: (317) 667-9797
Based on information submitted to the MLS GRID as of 2026-05-09 20:32:59 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
2035 S 550 E, Franklin, IN 46131 is a 3 bedroom, 4 bathroom, 3,746 sqft single-family home built in 2017. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on May 2, 2026. The MLS # for this home is MLS# 22093772.