381 Walnut St, Franklin, IN 46131
Property image
Property image
SOLD
JUN 9, 2026

381 Walnut St
Franklin, IN 46131

  • 2 Beds
  • 2 Baths
  • 1,350 sqft

$275,680

Last Sold: Jun 9, 2026
2% below list $280K
$204/sqft
Est. Refi. Payment $1,672/mo*
Refinance Your Home

$275,680

Last Sold: Jun 9, 2026
2% below list $280K
$204/sqft
Est. Refi. Payment $1,672/mo*
Refinance Your Home
2 Beds
2 Baths
1,350 sqft

Local Information

  • Map ViewExplore the area around 381 Walnut 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
1876
Living Area
1,350 sqft
Price/Sqft
$204/sqft
Parking
Garage

About this House

Built in 1876 and thoughtfully updated for today's lifestyle, this two-story home offers the character of a classic Indiana residence with the peace of mind of modern improvements. A newer roof, refreshed bathrooms, and an updated kitchen mean the big-ticket items are already done - so you can simply move in and enjoy. Inside, you'll find 2 bedrooms, 2 bathrooms, and 8 rooms across approximately 1,400 square feet of well-maintained living space. The updated kitchen flows naturally into the home's warm, welcoming layout, while fresh carpet in the dining room adds a clean, finished feel. Outside, the property truly shines. A large detached garage and extra rear parking provide exceptional storage and convenience - a rare find for a home with this much character. The 0.19-acre lot offers just the right amount of outdoor space to relax or entertain. Best of all, you're just steps from everything historic downtown Franklin has to offer - coffee shops, restaurants, bars, boutique shopping, and a year-round calendar of community events. This is the kind of location that makes everyday life feel a little more special.
381 Walnut St, Franklin, IN 46131 is a 2 bedroom, 2 bathroom, 1,350 sqft single-family home built in 1876. It last sold for $275,680 on Jun 9, 2026 (2% below the $279,900 asking price). It is currently off market. The Trulia Estimate is $275,700, with a rent estimate of $1,472/month.

Home Details for 381 Walnut St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Laundry, Living Room, Loft
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1350 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned, MicrowaveDishwasherDryerLaundry: Main Level,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: Two, One and One HalfFloors: Hardwood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Deck, CoveredFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Service Door)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 15

Property Information

Year Built
Year Built: 1876
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Cement Siding, Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410814031080000009

Price & Status

Price
List Price: $279,900Price Per Sqft: $204/sqft
Status Change & Dates
Off Market Date: Thu May 07 2026Possession 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: 1350 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

Mls Number: 22097241Attic: Access Only
Last check for updates: about 24 hours ago
Listed by Jacob Hemrick, (317) 412-5310
Hemrick Property Group Inc.
Bought with: Jonna Barnett, Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID, MLS#22097241

Price History for 381 Walnut St

DatePriceEventSource
06/09/2026$275,680Sold
MIBOR as distributed by MLS GRID #22097241
05/08/2026$279,900PendingMIBOR as distributed by MLS GRID #22097241
05/02/2026$279,900PriceChange
MIBOR as distributed by MLS GRID #22097241
04/23/2026$289,900Listed For SaleMIBOR as distributed by MLS GRID #22097241
07/06/2020$152,290Sold
MIBOR as distributed by MLS GRID #21716794
04/20/2018$132,000Sold
MIBOR as distributed by MLS GRID #21549588
04/03/2018$125,000PendingAgent Provided
03/13/2018$125,000Listed For SaleAgent Provided
05/27/2014$109,999Sold
N/A
05/20/2014$109,999PendingAgent Provided
04/15/2014$109,999Listed For SaleAgent Provided
09/21/2010$74,000Sold
N/A
04/18/2010$99,450Listed 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$2,275
Assessment$196,200
Home facts updated by county records

Comparable Sales for 381 Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
158 Banta St, Franklin, IN
0.08
Single-Family Home
$230,000
06/24/26
2
2
1,676
56 Central Ave, Franklin, IN
0.26
Single-Family Home
$230,000
11/26/25
3
2
2,416
300 Herriott St, Franklin, IN
0.13
Single-Family Home
$269,900
07/09/26
3
1
2,400
350 W King St, Franklin, IN
0.12
Single-Family Home
$360,000
09/02/25
3
2.5
2,756
199 Walnut St, Franklin, IN
0.13
Single-Family Home
$344,000
05/07/26
3
2
2,520
651 Yandes St, Franklin, IN
0.54
Single-Family Home
$244,900
07/17/26
3
2
1,200
356 N Main St, Franklin, IN
0.19
Single-Family Home
$187,000
11/14/25
3
1.5
2,576
926 Walnut St, Franklin, IN
0.39
Single-Family Home
$294,000
11/24/25
4
2
2,112
101 Robinson St, Franklin, IN
0.31
Single-Family Home
$232,000
05/05/26
2
1
2,296

Nearby homes

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Assigned Schools

These are the assigned schools for 381 Walnut 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • Shellypahl
    "Great schools, friendly small town, great restaurants, good government. I recommend this little town to anyone! "
    0
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  • 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
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  • 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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Homes for sale near 381 Walnut St

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Off Market Homes Near 381 Walnut St

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Based on information submitted to the MLS GRID as of 2026-07-29 09:28:03 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