498 Johnson Ave, Franklin, IN 46131
Property image
Property image
OFF MARKET

$311,500

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,640 sqft

498 Johnson Ave, Franklin, IN 46131

Est. Refi. Payment $1,911/mo*
Refinance Your Home
Currently Off Market - Sold Aug 21, 2023 for $105,000

Home Value

Trulia Estimate
$312K
Since last month
Increased$9K (+3.1%)
Since last year
Increased$27K (+9.4%)
Since last sale
Increased$208K (+197.9%)
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 +190% in the last 10 years
MonthEstimated value
2026
August 2026$313K
August 2026$312K
July 2026$303K
June 2026$297K
May 2026$304K
April 2026$292K
March 2026$291K
February 2026$295K
January 2026$287K
2025
2024
2023
2022
2021
2020
2019
2018
2017

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
601 Duane St, Franklin, IN
0.12
Single-Family Home
$238,000
05/13/26
3
2.5
1,548
348 Ohio St, Franklin, IN
0.10
Single-Family Home
$245,000
02/13/26
5
2
3,024
356 N Main St, Franklin, IN
0.19
Single-Family Home
$187,000
11/14/25
3
1.5
2,576
159 E King St, Franklin, IN
0.21
Single-Family Home
$310,000
08/24/26
5
2
3,101
598 Johnson Ave, Franklin, IN
0.09
Single-Family Home
$250,000
06/26/26
3
2
2,133
350 E King St, Franklin, IN
0.21
Single-Family Home
$500,000
07/31/26
4
2.5
4,536
598 Kentucky St, Franklin, IN
0.26
Single-Family Home
$334,500
06/12/26
4
2
2,260
56 Central Ave, Franklin, IN
0.37
Single-Family Home
$230,000
11/26/25
3
2
2,416
651 Yandes St, Franklin, IN
0.18
Single-Family Home
$244,900
07/17/26
3
2
1,200

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
496 Johnson Ave, Franklin, IN 46131
0.01
$138,500
1
1
665
Off Market
247 Kentucky St, Franklin, IN 46131
0.08
$316,300
4
4
-
Off Market
350 Johnson Ave, Franklin, IN 46131
0.09
$206,500
2
1
1,657
Off Market
348 Ohio St, Franklin, IN 46131
0.10
$245,000
5
2
3,024
Recently Sold
298 Johnson Ave, Franklin, IN 46131
0.14
$265,000
1
1
-
For Sale
599 Duane St, Franklin, IN 46131
0.10
$165,000
2
1
982
Recently Sold
282 Johnson Ave, Franklin, IN 46131
0.15
$191,300
2
1
1,624
Off Market
248 E Cincinnati St, Franklin, IN 46131
0.09
$157,900
2
1
1,112
Off Market
323 E Adams St, Franklin, IN 46131
0.16
$183,600
4
1
2,042
Off Market
601 Duane St, Franklin, IN 46131
0.12
$238,000
3
2.5
1,548
Recently Sold
598 Johnson Ave, Franklin, IN 46131
0.09
$250,000
3
2
2,133
Recently Sold

Local Information

  • Map ViewExplore the area around 498 Johnson Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
2,640 sqft
$118/sqft
Garage

About this House

Wonderful opportunity to purchase a home with TONS of potential to turn this classic home into the home of you or your client's dreams. With a new roof, siding, framing, and windows, this house is prepped and ready to make it into a 4 Bedroom, 3 bathroom property. With a large, detached garage and a nicely shaded backyard, the opportunities are endless. Check this unique opportunity out today! Seller financing is available.
498 Johnson Ave, Franklin, IN 46131 is a 4 bedroom, 3 bathroom, 2,640 sqft single-family home built in 1950. It last sold for $105,000 on Aug 21, 2023 (4% below the $109,900 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $1,750 per month. That rental listing was removed on September 9, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $311,500, with a rent estimate of $2,273/month.
Last check for updates: about 4 hours ago
Listed by Maxwell Richter
Wilmoth Group
Bought with: Kylen Wells-Elmore, Mark Dietel Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21909796

Home Details for 498 Johnson Ave

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 13Types of Rooms: Master Bedroom, Kitchen
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2640 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
No CoolingAir Conditioning: NoneNo Heating
Windows, Doors, Floors & Walls
Window: Screens Some
Levels, Entrance, & Accessibility
Stories: 1Levels: One and One Half

Exterior Features

Exterior Home Features
Foundation: Brick/Mortar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached

Days on Market

Cumulative Days on Market: 237

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 410814042037000009

Price & Status

Price
List Price: $109,900
Status Change & Dates
Off Market Date: Tue Oct 31 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: FranklinCommunity: No Subdivision
School Information
High School District: Franklin Community School Corp

Building

Building Area
Building Area: 2640 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

BasementMls Number: 21909796

Price and Tax history

DateEventPrice
Sep 9, 2025
Source: Zillow Rentals
ListingRemoved
$1,750
Sep 8, 2025
Source: Zillow Rentals
Listed For Rent
$1,750
Jul 16, 2025
Source: MIBOR as distributed by MLS GRID #22021981
ListingRemoved
$299,900
Jun 2, 2025
Source: MIBOR as distributed by MLS GRID #22021981
PriceChange
$299,900
Price decreased by 5%
May 12, 2025
Source: MIBOR as distributed by MLS GRID #22021981
PriceChange
$315,000
Price decreased by 4%

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

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
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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
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  • 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
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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
    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
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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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LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-13 23:07:55 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 498 Johnson Ave

  • What is 498 Johnson Ave estimated to be worth?
    Trulia's estimated value for 498 Johnson Ave in Franklin, IN is $311,500.
  • What is the price history for 498 Johnson Ave?
    498 Johnson Ave in Franklin, IN last sold for $105,000 in August 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 $282K. That is down $3.96K from the prior month.
  • How big is the lot at 498 Johnson Ave?
    The lot at 498 Johnson Ave in Franklin, IN is about 0.18 acres (7,841 sq ft).
  • Does 498 Johnson Ave have a garage?
    Yes, 498 Johnson Ave in Franklin, IN has a garage.

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