5504 S 200 E, Franklin, IN 46131
Property image
Property image
OFF MARKET

$744,400

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 3,078 sqft (on 10.01 acres)

5504 S 200 E, Franklin, IN 46131

Est. Refi. Payment $4,400/mo*
Refinance Your Home

Home Value

Trulia Estimate
$744K
Since last month
Decreased$8K (-1.1%)
Since last year
Increased$50K (+7.2%)
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 +133% in the last 10 years
MonthEstimated value
2026
August 2026$748K
July 2026$756K
June 2026$751K
May 2026$741K
April 2026$725K
March 2026$712K
February 2026$701K
January 2026$694K
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
1584 E 600 S, Franklin, IN
0.33
Single-Family Home
$665,000
11/14/25
3
1.5
1,851
5668 S Nineveh Rd, Franklin, IN
1.05
Single-Family Home
$495,000
02/18/26
4
2
3,339
5352 S Hilltop Farms Dr, Franklin, IN
1.04
Single-Family Home
$499,900
10/14/25
3
2.5
3,376
6799 S Nineveh Rd, Trafalgar, IN
1.52
Single-Family Home
$535,000
10/14/25
4
2
2,809
962 E 375 S, Franklin, IN
2.08
Single-Family Home
$600,000
07/31/26
3
2.5
4,146
5668 S 50 W, Trafalgar, IN
2.51
Single-Family Home
$420,000
04/08/26
4
3
2,622
1211 E 775 S, Nineveh, IN
2.36
Single-Family Home
$245,000
02/06/26
3
2
1,609
3660 S 25 W, Trafalgar, IN
2.84
Single-Family Home
$525,000
10/20/25
3
3
2,828
915 E Drybread Ln, Nineveh, IN
2.27
Single-Family Home
$215,000
12/16/25
3
2
1,230
960 E Williamsburg Ln, Nineveh, IN
2.27
Single-Family Home
$215,000
12/03/25
3
2
1,218

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
1584 E 600 S, Franklin, IN 46131
0.33
$665,000
3
1.5
1,851
Recently Sold
5783 S Nineveh Rd, Franklin, IN 46131
0.90
$469,700
3
1
1,610
Off Market
1022 E 600 S, Franklin, IN 46131
0.98
$409,900
4
2
2,536
For Sale
5352 S Hilltop Farms Dr, Franklin, IN 46131
1.04
$505,500
3
2.5
3,376
Off Market
5668 S Nineveh Rd, Franklin, IN 46131
1.05
$495,000
4
2
3,339
Recently Sold
5276 S Hilltop Farms Dr, Franklin, IN 46131
1.06
$412,200
3
2
2,464
Off Market
5240 S Hilltop Farms Dr, Franklin, IN 46131
1.08
$402,000
2
2
2,129
Off Market
6799 S Nineveh Rd, Trafalgar, IN 46181
1.52
$541,000
4
2
2,809
Off Market

Local Information

  • Map ViewExplore the area around 5504 S 200 E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1995
Lot Size
10.01 acres
Living Area
3,078 sqft
Price/Sqft
$242
Parking
Garage

About this House

Discover this private oasis on over 10 acres in Indiana, offering a blend of modern convenience & serene living. Surrounded by mature trees, the property boasts landscaped grounds w/koi pond, rock garden & mix of pasture & tillable land. The main home features 3-car gar, home office, sunroom, bamboo flooring & freshly painted interior. The attached in-law apartment provides endless possibilities as a guest suite, game room/artist studio. Enjoy the large eat-in kitchen, owner's suite w/remodeled master bath. Home has 2 heat pumps & Barn has a wood-burning furnace. Located near the horse park, camping, golf, fishing & shopping at Taylorsville outlet, this property offers the perfect blend of luxury & outdoor recreation.
5504 S 200 E, Franklin, IN 46131 is a 3 bedroom, 3 bathroom, 3,078 sqft single-family home built in 1995. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $744,400, with a rent estimate of $2,300/month.

Home Details for 5504 S 200 E

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
AtticNumber of Rooms: 7

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick StoneFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10.01 acres

Price and Tax history

DateEventPrice
Sep 6, 2023
Source: Carpenter Realtors
ListingRemoved
Jul 25, 2023
Source: MIBOR as distributed by MLS GRID #21919359
PriceChange
$680,000
Price decreased by 5%
Jun 12, 2023
Source: MIBOR as distributed by MLS GRID #21919359
PriceChange
$715,000
Price decreased by 4%
May 5, 2023
Source: MIBOR as distributed by MLS GRID #21919359
Listed For Sale
$745,000
Nov 17, 2022
Source: Carpenter Realtors
ListingRemoved

Market trends in Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$285K
$2.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$174
$11MoM
Available listings
114
3MoM

Around this home

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
    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
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  • 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
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  • 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
    Flag
  • 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

Frequently asked questions about 5504 S 200 E

  • What is 5504 S 200 E estimated to be worth?
    Trulia's estimated value for 5504 S 200 E in Franklin, IN is $744,400.
  • 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 $285K. That is up $2.67K from the prior month.
  • What do residents say about Franklin?
    Residents describe Franklin, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Franklin, IN.
  • Does 5504 S 200 E have air conditioning?
    Yes, 5504 S 200 E in Franklin, IN has air conditioning.
  • How big is the lot at 5504 S 200 E?
    The lot at 5504 S 200 E in Franklin, IN is about 10 acres.

Explore by feature - Pet Friendly

48 pet-friendly rentals in Franklin, IN

Explore by feature - Garage

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