Google street view image for 1525 Michigan Rd, Franklin, IN 46131

OFF MARKET

$207,552

•

1 ba

•

1,064

sq ft

1525 Michigan Rd, Franklin, IN 46131

About this home

1525 Michigan Rd is a 1,064 square foot house on a 7,536 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Franklin data, we estimate the home's value is $207,552.

Single-familyProperty Type

1993Year Built

7,536 sq ftLot Size

$195Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$207,552

$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.6% lower than the average sale price ($235K) 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 MAR 23, 2026
$249,900
C
3 beds2 baths1,400 sq ft
1540 Pebble Beach Dr, Franklin, IN 46131
SOLD MAY 12, 2026
$215,500
D
3 beds1 bath1,012 sq ft
4023 Dogwood Ln, Franklin, IN 46131
SOLD APR 3, 2026
$225,000
E
3 beds2 baths1,038 sq ft
4019 Magnolia Dr, Franklin, IN 46131
SOLD JUN 3, 2026
$263,000
F
3 beds2 baths1,400 sq ft
4108 Knollwood Ave, Franklin, IN 46131

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Earn from this home

Sell

$193,554

Est. take-home

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Rent

$1,467/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%

0.2% MoM

Median sale price

$310K

$7K MoM

Avg. days on market

26d

5 days MoM

Recently sold homes

149

1 MoM

New listings for sale

$269,900
3 beds1 bath1,353 sq ft
149 Cincinnati St, Franklin, IN 46131
$320,000
3 beds2.5 baths2,449 sq ft
2274 Hampton Dr, Franklin, IN 46131
$315,000
4 beds2.5 baths2,306 sq ft
948 Brookshire Dr, Franklin, IN 46131
$187,000
2 beds1 bath1,389 sq ft
960 Duane St, Franklin, IN 46131
$349,999
3 beds2 baths3,212 sq ft
874 S Lakehurst Dr, Franklin, IN 46131
$349,999
5 beds3 baths2,335 sq ft
1199 Saticoy Ct, Franklin, IN 46131
FOR SALE BY OWNER
$695,000
3 beds2 baths— sq ft
1083 Beechtree Ln, Franklin, IN 46131
$660,000
3 beds3.5 baths3,326 sq ft
2875 W 100 S, Franklin, IN 46131
$224,900
2 beds2 baths1,026 sq ft
2053 Acorn Blvd, Franklin, IN 46131
$6,000,000
4 beds2 baths3,241 sq ft
1499 Division Rd, Franklin, IN 46131
See all

Provided by Redfin

Sale history for 1525 Michigan Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2024

$1,789 (+7.5%)

$32,000 + $149,800

$181,800

2023

$1,665 (+8.4%)

$32,000 + $131,600

$163,600

2022

$1,536 (+19.2%)

$32,000 + $120,400

$152,400

2021

$1,289 (+8.2%)

$28,200 + $111,900

$140,100

2020

$1,191 (+4.8%)

$28,200 + $90,400

$118,600

2019

$1,137 (+13.9%)

$28,200 + $81,900

$110,100

2018

$999 (+22.3%)

$10,000 + $95,400

$105,400

2017

$817 (+28.1%)

$10,000 + $89,900

$99,900

2016

$637 (+5.0%)

$10,000 + $77,800

$87,800

2015

$607 (+15.6%)

$10,000 + $77,800

$87,800

2014

$525 (−5.2%)

$15,300 + $62,000

$77,300

2013

$554

$15,300 + $57,400

$72,700

Tax history for 1525 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2024

$1,789 (+7.5%)

$32,000 + $149,800

$181,800

2023

$1,665 (+8.4%)

$32,000 + $131,600

$163,600

2022

$1,536 (+19.2%)

$32,000 + $120,400

$152,400

2021

$1,289 (+8.2%)

$28,200 + $111,900

$140,100

2020

$1,191 (+4.8%)

$28,200 + $90,400

$118,600

2019

$1,137 (+13.9%)

$28,200 + $81,900

$110,100

2018

$999 (+22.3%)

$10,000 + $95,400

$105,400

2017

$817 (+28.1%)

$10,000 + $89,900

$99,900

2016

$637 (+5.0%)

$10,000 + $77,800

$87,800

2015

$607 (+15.6%)

$10,000 + $77,800

$87,800

2014

$525 (−5.2%)

$15,300 + $62,000

$77,300

2013

$554

$15,300 + $57,400

$72,700

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

Zoning

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

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Average
Building Type: Single Family

Pool Information
Pool Type: Circular
Has Pool

Property Information
Subdivision Name: KNOLLWOOD FARMS 2ND SEC
Living Sq. Ft: 1,064
Adjusted Gross Sq. Ft: 1,064
Ground Floor Sq. Ft: 1,064
Building Sq. Ft: 1,344
# of Stories: 1
Legal Description: KNOLLWOOD FARMS 2ND SEC PT C LOT 348

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 280
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,536
Legal Lot Number: 348
Municipality Name: FRANKLIN TOWNSHIP
Acres: 0.173
Depth Footage: 110
Front Footage: 68
County Use Description: SINGLE FAMILY PLATTED LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,064
Stories: 1.0
Lot Size: 7,536 square feet
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Johnson County
APN: 410533012039000009

Home facts updated by county records on Jul 8, 2026

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 • 1.5mi

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

3/10 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

$198,000 – $239,000

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$40,000

Land— sq ft

130 S Railroad St, Whiteland, IN 46184

NEW CONSTRUCTION3D WALKTHROUGH

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3825 Branch Cir, Franklin, IN 46131

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4067 Dogwood Ct, Franklin, IN 46131

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3 beds1.5 baths1,025 sq ft

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3D WALKTHROUGH

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New listings for sale in 46131

$269,900

3 beds1 bath1,353 sq ft

149 Cincinnati St, Franklin, IN 46131

$320,000

3 beds2.5 baths2,449 sq ft

2274 Hampton Dr, Franklin, IN 46131

$315,000

4 beds2.5 baths2,306 sq ft

948 Brookshire Dr, Franklin, IN 46131

$187,000

2 beds1 bath1,389 sq ft

960 Duane St, Franklin, IN 46131

$349,999

3 beds2 baths3,212 sq ft

874 S Lakehurst Dr, Franklin, IN 46131

$349,999

5 beds3 baths2,335 sq ft

1199 Saticoy Ct, Franklin, IN 46131

FOR SALE BY OWNER

$695,000

3 beds2 baths— sq ft

1083 Beechtree Ln, Franklin, IN 46131

$660,000

3 beds3.5 baths3,326 sq ft

2875 W 100 S, Franklin, IN 46131

$224,900

2 beds2 baths1,026 sq ft

2053 Acorn Blvd, Franklin, IN 46131

Home values near 1525 Michigan Rd

Data from public records.

Address	Redfin Estimate
1523 Michigan Road, Franklin, IN 3 Beds \| 2 Baths \| 1209 Sq. Ft.	$246,481
1524 Michigan Road, Franklin, IN 3 Beds \| 2 Baths \| 1188 Sq. Ft.	$239,506

Address	Redfin Estimate
1518 Michigan Road, Franklin, IN 3 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$221,799
1531 Michigan Road, Franklin, IN 4 Beds \| 2 Baths \| 2220 Sq. Ft.	$173,442

Address	Redfin Estimate
1511 Michigan Road, Franklin, IN 3 Beds \| 2 Baths \| 1590 Sq. Ft.	$244,102
1530 Michigan Road, Franklin, IN 2 Beds \| 1.5 Baths \| 1416 Sq. Ft.	$252,057

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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 1525 Michigan Rd

Tax history for 1525 Michigan Rd

Zoning

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 1525 Michigan Rd

More real estate resources