OFF MARKET

Off Market May 2025 for $241K

$233,900

•

885

sq ft

1492 Michigan Rd, Franklin, IN 46131

About this home

Seller may consider buyer concessions if made in an offer. Welcome to this charming home with a cozy fireplace, complemented by a natural color palette throughout. The primary bathroom boasts good under sink storage. The home also features a patio, perfect for outdoor relaxation, and a fenced-in backyard for added privacy. The property also features a new roof, fresh interior paint, and partial flooring replacement in some areas. Don't miss the opportunity to own this beautiful home with these fantastic attributes. Don't miss this opportunity to own a piece of paradise.

Single-familyProperty Type

1993Year Built

10,263 sq ftLot Size

$264Est. Price/Sq.Ft.

2 car garageParking

Listed by Shelby Farrar • Opendoor Brokerage LLC

Listed by Shelby Farrar

Contact: Sfarrar@opendoor.com

Bought with Wade Williams • Trueblood Real Estate

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22023765

Redfin Estimate

$233,900

$7,100 since sold in May 2025$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.4% higher than the average sale price ($233K) of 6 comparable homes.

SOLD MAY 29, 2026
$230,000
A
3 beds2 baths1,098 sq ft
3957 Hancock Ct, Franklin, IN 46131
SOLD JUL 2, 2026
$225,000
B
3 beds2 baths1,110 sq ft
4005 Willow Ct, Franklin, IN 46131
SOLD JUN 9, 2026
$263,000
C
3 beds2 baths1,296 sq ft
4057 Redbud Ct, Franklin, IN 46131
SOLD OCT 3, 2025
$230,000
D
3 beds2 baths1,200 sq ft
3903 Tamara Way, Franklin, IN 46131
SOLD JUL 8, 2026
$254,900
E
3 beds2 baths1,220 sq ft
4165 William Ave, Franklin, IN 46131
SOLD NOV 25, 2025
$195,000
F
3 beds2 baths1,151 sq ft
3929 Pebble Beach Ct, Franklin, IN 46131

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Earn from this home

Sell

$30,389

Est. take-home

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Rent

$1,642/mo

Redfin rental estimate

List your home for rent

Market trends in 46131, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.8%

0.4% MoM

Median sale price

$303K

$2K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

152

16 MoM

New listings for sale

NEW 15 HRS AGO
$274,900
3 beds2 baths2,344 sq ft
148 Herriott St, Franklin, IN 46131
OPEN SUN, 1PM TO 3PM
$400,000
2 beds2 baths1,790 sq ft
2104 Heather Glen Way, Franklin, IN 46131
NEW 22 HRS AGO
$199,000
2 beds1 bath848 sq ft
350 Hamilton Ave, Franklin, IN 46131
$339,500
3 beds2.5 baths2,449 sq ft
2274 Hampton Ln, Franklin, IN 46131
$189,950
2 beds1 bath925 sq ft
1431 Roberts Rd, Franklin, IN 46131
$425,000
5 beds2 baths2,600 sq ft
2796 N 200 W, Franklin, IN 46131
$300,000
3 beds2 baths2,264 sq ft
1200 Matthews Ct, Franklin, IN 46131
$335,000
3 beds2 baths1,674 sq ft
1150 E Adams Dr, Franklin, IN 46131
$309,900
4 beds2 baths2,150 sq ft
100 Merlin Dr, Franklin, IN 46131
3D WALKTHROUGH
$229,900
4 beds2 baths1,225 sq ft
206 Parkview Ct, Franklin, IN 46131
See all

Provided by Redfin

Sale history for 1492 Michigan Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22023765

May 2, 2025

Sold

$241,000

$272/sq ft

Apr 2, 2025

Pending

—

Mar 13, 2025

Price Changed

$243,000

$275/sq ft

Feb 25, 2025

Listed

$246,000

$278/sq ft

MIBOR as Distributed by MLS Grid #21742850

Nov 25, 2020

Sold

$154,000

$174/sq ft

Nov 23, 2020

Pending

—

Oct 22, 2020

Pending

—

Oct 21, 2020

Price Changed

$154,000

$174/sq ft

Oct 21, 2020

Relisted

—

Oct 5, 2020

Pending

—

Sep 29, 2020

Listed

$162,500

$184/sq ft

+23

This lovely home sits on a large corner lot with a fully fenced back yard that includes a storage shed. This house features a large family room with a wood burning fireplace. Some recent updates include new windows, new floor in basement bedroom, newer wood vinyl flooring, and an updated basement bathroom. The large master bedroom features a walk in closet. The large living room window gives the home a lot of natural light. All appliances, including washer and dryer remain. Home Warranty is included. Enjoy the convenient location close to Highway 31 and Interstate 65.

MIBOR as Distributed by MLS Grid #21329954

Feb 11, 2015

Sold

$100,000

$113/sq ft

Jan 29, 2015

Pending

—

Jan 13, 2015

Contingent

—

Jan 1, 2015

Listed

$100,000

$113/sq ft

+19

Awesome Three Bdrm Two and One Half Bath home! Large corner lot with Full Privacy Fence for family fun. The third bedroom in the lower level includes a private full bath too! This home has been completely remodeled so it is move in ready for you! New finishes include carpeting and vinyl flooring, New paint throughout, New Electric Breaker Panel and much more. All Kitchen Appliances are included too. The owners have prepared this home for you so make it a point to schedule your private showing!

MIBOR as Distributed by MLS Grid #2336082

Dec 31, 2003

Listing Removed

—

Jul 10, 2003

Listed

$99,995

$113/sq ft

MIBOR as Distributed by MLS Grid #2303146

Jun 14, 2003

Listing Removed

—

Jan 18, 2003

Listed

$99,995

$113/sq ft

MIBOR as Distributed by MLS Grid #2228329

Dec 14, 2002

Listing Removed

—

Jun 18, 2002

Listed

$99,995

$113/sq ft

MIBOR as Distributed by MLS Grid #2037739

Mar 25, 2001

Listing Removed

—

Sep 25, 2000

Listed

$87,000

$98/sq ft

MIBOR as Distributed by MLS Grid #2023687

Jun 17, 2000

Listed

$67,000

$76/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$2,208 (+4.6%)

$32,000 + $186,000

$218,000

2023

$2,112 (+7.6%)

$32,000 + $168,600

$200,600

2022

$1,964 (+21.1%)

$32,000 + $159,800

$191,800

2021

$1,621 (+21.4%)

$28,200 + $148,500

$176,700

2020

$1,335 (+4.3%)

$28,200 + $118,700

$146,900

2019

$1,280 (+17.4%)

$28,200 + $94,400

$122,600

2018

$1,090 (+0.3%)

$10,000 + $107,800

$117,800

2017

$1,087 (+7.6%)

$10,000 + $99,000

$109,000

2016

$1,010 (+1.3%)

$10,000 + $97,700

$107,700

2015

$997 (+17.6%)

$10,000 + $97,700

$107,700

2014

$848 (+35.0%)

$18,300 + $81,400

$99,700

2013

$628

$18,300 + $70,800

$89,100

Tax history for 1492 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2024

$2,208 (+4.6%)

$32,000 + $186,000

$218,000

2023

$2,112 (+7.6%)

$32,000 + $168,600

$200,600

2022

$1,964 (+21.1%)

$32,000 + $159,800

$191,800

2021

$1,621 (+21.4%)

$28,200 + $148,500

$176,700

2020

$1,335 (+4.3%)

$28,200 + $118,700

$146,900

2019

$1,280 (+17.4%)

$28,200 + $94,400

$122,600

2018

$1,090 (+0.3%)

$10,000 + $107,800

$117,800

2017

$1,087 (+7.6%)

$10,000 + $99,000

$109,000

2016

$1,010 (+1.3%)

$10,000 + $97,700

$107,700

2015

$997 (+17.6%)

$10,000 + $97,700

$107,700

2014

$848 (+35.0%)

$18,300 + $81,400

$99,700

2013

$628

$18,300 + $70,800

$89,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

90 ft.

Lot depth

114 ft.

Lot size

10,280 Sq. Ft.

Year renovated

1993

Sq. Ft.

1,416

Year built

1993

Style

Single Family Residential

County

Johnson County

APN

410533011137000009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

RSN

Residential Suburban Neighborhood District

The RSN, residential, suburban neighborhood zoning district is intended to ensure the continued viability of suburban-style lots in existence on the effective date of the ordinance codified in this chapter. This district should only be used to maintain established setbacks and standards in suburban neighborhoods.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Other
Golf related
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 418
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 885
Living Area: 885
Main Level Sq. Ft.: 885

Bedroom Information
# of Upper Bedrooms: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 8x10
Room Level: Main

Room 2 Information
Room Features: Other
Room Dimensions: 15x12
Room Level: Upper

Room 3 Information
Room Type: Bedroom 2
Room Features: Other
Room Dimensions: 10 x 13
Room Level: Upper

Other Rooms Information
Rooms Upper: 2
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 7

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Other

Heating & Cooling
Heating Information: Forced Air

Interior Features
Interior Features: Attic Access, Screens Some, Walk-in Closet(s), Windows Vinyl
Appliances: Dishwasher, Electric Oven

Exterior

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.24

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: No

Location

HOA Information
Has HOA
Association Fee: $65
Association Fee Frequency: Annually

School Information
Elementary School: Creekside Elementary School
Middle Or Junior High School: Franklin Community Middle School
Intermediate School: Custer Baker Intermediate School
High School: Franklin Community High School
High School District: Franklin Community School Corp

Location Information
Directions: Head south on US-31 S Turn right onto Christian Blvd Turn left onto William Ave Turn left to stay on William Ave Turn left onto Tamara Way Turn right onto Michigan Rd
Tax Legal Description: Knollwood Farms 2nd Sec Pt B Lot 296 Mp Franklin Communi

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,416
Stories: —
Lot Size: 10,280 square feet
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Johnson County
APN: 410533011137000009

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Attribution Contact: Sfarrar@opendoor.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Other
Construction Materials: Vinyl Siding
Levels: Two

Around this home

Schools

Northwood Elementary School

Public PreK-4 • Assigned • 3.2mi

8/10

Franklin Community Middle School

Public 7-8 • Assigned • 3.4mi

6/10

Franklin Community High School

Public 9-12 • Assigned • 1.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Franklin, IN • 46131

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$223,000 – $269,000

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Home values near 1492 Michigan Rd

Data from public records.

Address	Redfin Estimate
1499 Michigan Rd, Franklin, IN 3 Beds \| 2 Baths \| 1698 Sq. Ft.	$259,260
1485 Michigan Rd, Franklin, IN 3 Beds \| 2 Baths \| 1264 Sq. Ft.	$236,307

Address	Redfin Estimate
1486 Michigan Rd, Franklin, IN 3 Beds \| 2 Baths \| 1136 Sq. Ft.	$194,403
1465 Michigan Rd, Franklin, IN 3 Beds \| 2 Baths \| 1168 Sq. Ft.	$239,573

Address	Redfin Estimate
1491 Michigan Rd, Franklin, IN 3 Beds \| 2 Baths \| 1654 Sq. Ft.	$265,087
1475 Michigan Rd, Franklin, IN 3 Beds \| 1.5 Baths \| 1552 Sq. Ft.	$186,584

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46131, IN

Sale history for 1492 Michigan Rd

Tax history for 1492 Michigan Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46131

Home values near 1492 Michigan Rd

More real estate resources