3241 S 550 E, Franklin, IN 46131
Property image
Property image
OFF MARKET

$183,600

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 1,155 sqft

3241 S 550 E, Franklin, IN 46131

Amity
Est. Refi. Payment $1,157/mo*
Refinance Your Home
Currently Off Market - Sold Mar 29, 2022 for $140,000

Home Value

Trulia Estimate
$184K
Since last month
Decreased$4K (-2.1%)
Since last year
Increased$10K (+6%)
Since last sale
Increased$43K (+30.4%)
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 +229% in the last 10 years
MonthEstimated value
2026
September 2026$183K
August 2026$184K
July 2026$186K
June 2026$184K
May 2026$186K
April 2026$184K
March 2026$177K
February 2026$173K
January 2026$167K
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
3301 S 550 E, Franklin, IN
0.12
Single-Family Home
$310,000
07/27/26
2
2
1,080
3664 S 550 E, Franklin, IN
0.60
Single-Family Home
$225,900
04/06/26
2
1
1,776
2073 S US Highway 31, Franklin, IN
1.68
Single-Family Home
$150,000
06/19/26
3
1
1,140
4659 E 400 S, Franklin, IN
1.20
Single-Family Home
$395,000
11/04/25
1
1
1,431
2580 Stonybrook Ln, Franklin, IN
1.18
Single-Family Home
$330,000
12/16/25
0.5
1,748
2310 Fox Dr, Franklin, IN
1.32
Single-Family Home
$459,000
04/28/26
4
3
2,034
4412 E State Road 252, Franklin, IN
1.55
Single-Family Home
$321,350
11/12/25
2
1
2,260
2350 Fox Dr, Franklin, IN
1.34
Single-Family Home
$438,000
08/31/26
3
3
2,516
1980 S 550 E, Franklin, IN
1.33
Single-Family Home
$600,000
12/15/25
3
2.5
2,392
2035 S 550 E, Franklin, IN
1.15
Single-Family Home
$925,000
06/12/26
3
3.5
3,746

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
3301 S 550 E, Franklin, IN 46131
0.12
$310,000
2
2
1,080
Recently Sold
2750 S US Highway 31, Franklin, IN 46131
0.56
$913,600
3
2
2,520
Off Market
3664 S 550 E, Franklin, IN 46131
0.60
$225,900
2
1
1,776
Recently Sold
2550 S US Highway 31 Rd, Franklin, IN 46131
0.82
$412,000
4
2
2,850
Off Market
5589 County Road 250 E, Franklin, IN 46131
0.84
-
-
-
-
Off Market
2545 S US Highway 31, Franklin, IN 46131
0.84
$302,900
3
2
1,749
Off Market
4569 E 250 S, Franklin, IN 46131
0.87
$324,300
3
2
2,677
Off Market
2499 S US Highway 31, Franklin, IN 46131
0.97
$565,700
4
3
3,160
Off Market
2777 S 600 E, Franklin, IN 46131
1.04
$303,700
4
2
1,824
Off Market
2737 S 600 E, Franklin, IN 46131
1.06
$266,300
3
2
1,724
Off Market
2683 S 600th Rd E, Franklin, IN 46131
1.09
$246,300
3
2
1,504
Off Market
2570 S Peachtree Rd, Franklin, IN 46131
1.11
$514,900
4
4.5
3,165
Off Market

Local Information

  • Map ViewExplore the area around 3241 S 550 E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
1,155 sqft
$159/sqft
Garage

About this House

This single-family home is located at 3241 S 550 E, Franklin, IN. 3241 S 550 E is in the Amity neighborhood in Franklin, IN and in ZIP code 46131. This property has 4 bedrooms, 1 bathroom and approximately 1,155 sqft of floor space. This property has a lot size of 4356 sqft and was built in 1940.
3241 S 550 E, Franklin, IN 46131 is a 4 bedroom, 1 bathroom, 1,155 sqft single-family home in Amity, built in 1940. It last sold for $140,000 on Mar 29, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $183,600, with a rent estimate of $1,596/month.

Home Details for 3241 S 550 E

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4399 sqft

Price and Tax history

DateEventPrice
Mar 29, 2022
Source: MIBOR as distributed by MLS GRID #21835605
Sold
$140,000
Mar 6, 2022
Source: MIBOR as distributed by MLS GRID #21835605
Pending
$135,000
Feb 28, 2022
Source: MIBOR as distributed by MLS GRID #21835605
PendingToActive
$135,000
Jan 30, 2022
Source: MIBOR as distributed by MLS GRID #21835605
Pending
$135,000
Jan 27, 2022
Source: MIBOR as distributed by MLS GRID #21835605
Listed For Sale
$135,000

Market trends in Franklin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$282K
$3.96KMoM
Sale-to-List Price
99.1%
0.2%MoM
Price per sq ft
$168
$6MoM
Available listings
125
11MoM

Around this home

Neighborhood Overview

Amity
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 3241 S 550 E

  • What is 3241 S 550 E estimated to be worth?
    Trulia's estimated value for 3241 S 550 E in Franklin, IN is $183,600.
  • What is the price history for 3241 S 550 E?
    3241 S 550 E in Franklin, IN last sold for $140,000 in March 2022.
  • 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 $282K. That is down $3.96K from the prior month.
  • How big is the lot at 3241 S 550 E?
    The lot at 3241 S 550 E in Franklin, IN is about 0.10 acres (4,356 sq ft).
  • Does 3241 S 550 E have a garage?
    Yes, 3241 S 550 E in Franklin, IN has a garage.

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