4850 E 500 S, Franklin, IN 46131
OFF MARKET

4850 E 500 S
Franklin, IN 46131

  • 3 Beds
  • 3.5 Baths
  • 2,482 sqft (on 10.01 acres)

$763,500

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,499/mo*
Refinance Your Home

$763,500

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,499/mo*
Refinance Your Home
3 Beds
3.5 Baths
2,482 sqft
(on 10.01 acres)

Home Value

Trulia Estimate
$764K
Since last month
Increased$1K (+0.2%)
Since last year
Increased$74K (+10.7%)
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 +96% in the last 10 years
MonthEstimated value
2026
August 2026$762K
July 2026$761K
June 2026$766K
May 2026$753K
April 2026$748K
March 2026$687K
February 2026$674K
January 2026$656K
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
7735 W Shelby 350 S, Franklin, IN
1.35
Single-Family Home
$380,000
06/22/26
3
2
2,568
4108 S 800 E, Edinburgh, IN
2.64
Single-Family Home
$500,000
02/17/26
3
3
2,560
6000 S Marietta Rd, Shelbyville, IN
2.50
Single-Family Home
$185,000
04/02/26
3
1
1,421
1980 S 550 E, Franklin, IN
3.72
Single-Family Home
$600,000
12/15/25
3
2.5
2,392
2035 S 550 E, Franklin, IN
3.67
Single-Family Home
$925,000
06/12/26
3
3.5
3,746
5241 W Marietta Railroad St, Shelbyville, IN
2.69
Single-Family Home
$183,000
06/29/26
2
1
1,102
2777 S 600 E, Franklin, IN
3.30
Single-Family Home
$280,000
09/05/25
4
2
1,824
313 S 600 E, Franklin, IN
3.54
Single-Family Home
$409,000
09/26/25
3
2
2,544
7214 E 100 N, Franklin, IN
3.66
Single-Family Home
$264,900
02/20/26
3
2.5
1,748
6227 E State Road 44, Franklin, IN
3.83
Single-Family Home
$340,000
06/17/26
4
2.5
4,638

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
750 West, Edinburgh, IN 46124
1.05
-
-
-
-
Off Market
7230 W 600 S, Edinburgh, IN 46124
1.14
$384,200
4
2
2,700
Off Market
6587 W 525 S, Edinburgh, IN 46124
1.33
$400,000
3
2
1,848
Off Market
7735 W Shelby 350 S, Franklin, IN 46131
1.35
$380,000
3
2
2,568
Recently Sold

Local Information

  • Map ViewExplore the area around 4850 E 500 S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
10.01 acres
Living Area
2,482 sqft
Price/Sqft
$308
Parking
Garage

About this House

Home sits on 10 acres with a full finished basement and additional 3 car detached garage.
4850 E 500 S, Franklin, IN 46131 is a 3 bedroom, 4 bathroom, 2,482 sqft single-family home built in 1996. It is currently off market. The Trulia Estimate is $763,500, with a rent estimate of $2,468/month.

Home Details for 4850 E 500 S

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Spaces: 6Parking: Garage Attached

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10.01 acres

Price and Tax history

YearProperty taxTax assessment
2025
$5,308
$592,000
Home facts updated by county records

Market trends in Edinburgh

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
1MoM

Around this home

What Locals Say about Edinburgh

At least 26 Trulia users voted on each feature.

  • 96 % Say yards are well-kept

  • 85 % Say parking is easy

  • 77 % Say there's holiday spirit

  • 74 % Say it's dog friendly

  • 74 % Say car is needed

  • 67 % Say kids play outside

  • 65 % Say there are sidewalks

  • 60 % Say neighbors are friendly

  • 58 % Say people would walk alone at night

  • 58 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 45 % Say it's walkable to grocery stores

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say streets are well-lit

  • 36 % Say there's wildlife

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kryssie143
    "I don't know. I don't live here in this neighborhood. I'm visiting a friend who lives here. Most everyone knows each other here because it's very small community. "
    0
    Flag
  • Darian
    "a lot of randoms walking at night. my dog is barking a lot through the night. a lot of stray dogs running around "
    0
    Flag
  • Darian
    "I have seen a lot of dogs roaming the neighborhood without collars. almost everyone has a dog here "
    0
    Flag
  • Nikita R.
    "You may see dogs running around with out leashes or with out owners but usually they are not aggressive. You can usually go and pet and love on the dog."
    1
    Flag
  • aachestovich
    "There’s a lot of drug activity here. People walk down the sidewalk and drop their trash as they go along. Domestic disturbance is regular and nobody seems to be bothered by the noise they create. "
    6
    Flag
  • pkdjmiller
    "This home is very unique being pre-civil war era and it is sitting right on US 31 near fishing, canoeing, and hiking areas. It is near Columbus and Camp Atterbury as well as the Edinburgh Outlet mall and Interstate 65."
    0
    Flag
  • Christinadean
    "A friendly community with a small town atmosphere situated 40 minutes South of Indianapolis, IN and 45 minutes North of Louisville, KY."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4850 E 500 S

  • What is 4850 E 500 S estimated to be worth?
    Trulia's estimated value for 4850 E 500 S in Franklin, IN is $763,500.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Franklin?
    Residents describe Franklin, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Franklin, IN.
  • What are the closest schools to 4850 E 500 S?
    The closest schools to 4850 E 500 S in Franklin, IN are Southwestern Elementary School (Pre-K, rated 8/10), Southwestern High School (Middle, rated 6/10).
  • Does 4850 E 500 S have air conditioning?
    Yes, 4850 E 500 S in Franklin, IN has air conditioning.
  • Does 4850 E 500 S have laundry facilities?
    Yes, 4850 E 500 S in Franklin, IN has in-unit laundry.

Explore by feature - Pet Friendly

47 pet-friendly rentals in Franklin, IN

Explore by feature - Garage

30 rentals with a garage in Franklin, IN

Explore by feature - Air Conditioning

35 rentals with air conditioning in Franklin, IN

Explore by feature - Pool

7 rentals with a pool in Franklin, IN

Explore by feature - Washer/dryer

30 rentals with a washer/dryer in Franklin, IN

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