Google street view image for 164 Schoolhouse Rd, Franklin, IN 46131

Off market

$178,774

•

1.5 ba

•

1,900

sq ft

164 Schoolhouse Rd, Franklin, IN 46131

About this home

164 Schoolhouse Rd is a 1,900 square foot house on a 0.27 acre lot with 5 bedrooms and 1.5 bathrooms. Based on Redfin's Franklin data, we estimate the home's value is $178,774.

Single-familyProperty Type

1941Year Built

0.27 acresLot Size

$94Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$178,774

$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.8% lower than the average sale price ($258K) of 6 comparable homes.

SOLD OCT 29, 2026
$202,000
A
3 beds2 baths1,499 sq ft
203 Parkview Ct, Franklin, IN 46131
SOLD AUG 24, 2026
$289,000
B
3 beds2 baths1,822 sq ft
1630 Alder Rd, Franklin, IN 46131
SOLD JUL 31, 2026
$284,000
C
3 beds2 baths1,555 sq ft
1662 Acorn Rd, Franklin, IN 46131
SOLD JAN 16, 2026
$239,000
D
6 beds2 baths2,112 sq ft
1624 Roberts Rd, Franklin, IN 46131
SOLD OCT 27, 2026
$250,000
E
3 beds2 baths2,344 sq ft
148 Herriott St, Franklin, IN 46131
SOLD JUN 29, 2026
$285,000
F
3 beds2 baths1,564 sq ft
1816 Acorn Rd, Franklin, IN 46131

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$1,722/mo

Redfin rental estimate

List your home for rent

Market trends in 46131, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.2%

0.2% MoM

Median sale price

$326K

$6K MoM

Avg. days on market

41d

14 days MoM

Recently sold homes

134

14 MoM

New listings for sale

NEW 14 HRS AGO
$459,000
4 beds2 baths2,459 sq ft
1115 Matthews Ct, Franklin, IN 46131
NEW 22 HRS AGO
$407,000
2 beds1 bath2,023 sq ft
4209 E Greensburg Rd, Franklin, IN 46131
OPEN SAT, 1PM TO 3PM
$530,000
5 beds3 baths3,152 sq ft
2390 Somerset Cir, Franklin, IN 46131
$324,000
3 beds2 baths1,598 sq ft
1027 Sagittarius Ave, Franklin, IN 46131
$285,000
3 beds2 baths1,318 sq ft
761 Shore View Dr, Franklin, IN 46131
$379,900
3 beds2.5 baths1,876 sq ft
211 Park Forest South Dr, Franklin, IN 46131
$390,000
5 beds3 baths2,880 sq ft
1520 Covington Blvd, Franklin, IN 46131
$319,000
3 beds2.5 baths2,134 sq ft
1117 Hague Ct, Franklin, IN 46131
$400,000
4 beds2.5 baths2,756 sq ft
350 W King St, Franklin, IN 46131
3D WALKTHROUGH
$760,000
4 beds3.5 baths3,676 sq ft
1155 Maclaren Ct, Franklin, IN 46131
See all

Provided by Redfin

Sale history for 164 Schoolhouse Rd

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

Tax history for 164 Schoolhouse Rd

*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 1/2 Baths: 1
# of Bathroom Fixtures: 7

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 9

Exterior

Exterior Information
Physical Condition: Average
Building Type: Single Family

Property Information
Subdivision Name: LOCHRY ADD 3RD SEC
Living Sq. Ft: 1,900
Adjusted Gross Sq. Ft: 1,900
Ground Floor Sq. Ft: 950
Building Sq. Ft: 1,900
# of Stories: 1
Legal Description: LOCHRY ADD 3RD SEC LOT 83

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,631
Legal Lot Number: 83
Municipality Name: FRANKLIN TOWNSHIP
Acres: 0.267
Depth Footage: 118
Front Footage: 87
County Use Description: SINGLE FAMILY PLATTED LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 5
Baths: 1.5
Sq. Ft.: 1,900
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1941
Year Renovated: 1960
County: Johnson County
APN: 410811032121000009

Home facts updated by county records on Oct 12, 2026

Around this home

Schools

K - 12
Preschool & daycare

Northwood Elementary School

Public PreK-4 • Assigned • 0.6mi

8/10

Franklin Community Middle School

Public 7-8 • Assigned • 0.8mi

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

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

$170,000 – $206,000

Sell confidently with a local market expert in Franklin. 3 minutes to get started.

Nearby similar homes

NEW 14 HRS AGO

$459,000

4 beds2 baths2,459 sq ft

1115 Matthews Ct, Franklin, IN 46131

Pond view • Landscaped backyard • Shared stocked pond

OPEN SAT, 1PM TO 3PM3D WALKTHROUGH

$346,990

3 beds2 baths1,800 sq ft

3855 Branch Cir, Franklin, IN 46131

Onsite amenities • Multi-use trails • 0.36 acre lot

$319,900

3 beds2 baths2,191 sq ft

103 Weber Ct, Franklin, IN 46131

Remodeled inside • Vaulted ceilings • Gas log fireplace

$329,000

3 beds2.5 baths1,744 sq ft

876 S Home Ave, Franklin, IN 46131

Half-acre lot • Outdoor fire pit • Several outbuildings

$515,000

3 beds2.5 baths3,361 sq ft

2201 Somerset Dr, Franklin, IN 46131

Custom built home • Legends golf course • Double ovens

$225,000

3 beds1.5 baths2,242 sq ft

119 Banta St, Franklin, IN 46131

Farmer's market • Water park • Pickleball courts

New listings for sale in 46131

NEW 14 HRS AGO

$459,000

4 beds2 baths2,459 sq ft

1115 Matthews Ct, Franklin, IN 46131

Pond view • Landscaped backyard • Shared stocked pond

NEW 22 HRS AGO

$407,000

2 beds1 bath2,023 sq ft

4209 E Greensburg Rd, Franklin, IN 46131

Historic charm • Expansive lot • Private landscape

OPEN SAT, 1PM TO 3PM

$530,000

5 beds3 baths3,152 sq ft

2390 Somerset Cir, Franklin, IN 46131

Open concept kitchen • Large island • Walk-in pantry

$324,000

3 beds2 baths1,598 sq ft

1027 Sagittarius Ave, Franklin, IN 46131

Open-concept layout • Upgraded cabinetry • Quartz countertops

$285,000

3 beds2 baths1,318 sq ft

761 Shore View Dr, Franklin, IN 46131

Open concept • Vaulted ceilings • Ss appliances

$379,900

3 beds2.5 baths1,876 sq ft

211 Park Forest South Dr, Franklin, IN 46131

Expansive lot • 0.85 acre lot • 2 garage spots

$390,000

5 beds3 baths2,880 sq ft

1520 Covington Blvd, Franklin, IN 46131

Five bedroom layout • Three full bathrooms • Spacious lot

$319,000

3 beds2.5 baths2,134 sq ft

1117 Hague Ct, Franklin, IN 46131

Large kitchen • Breakfast room • Separate dining room

$400,000

4 beds2.5 baths2,756 sq ft

350 W King St, Franklin, IN 46131

Historic home • Covered front porch • Hardwood floors

Home values near 164 Schoolhouse Rd

Data from public records.

Address	Redfin Estimate
159 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$133,413
102 Schoolhouse Road, Franklin, IN 2 Beds \| 1 Baths \| 1652 Sq. Ft.	$118,373
158 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	—
194 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$146,026
121 Jordan Drive, Franklin, IN 3 Beds \| 1 Baths \| 1152 Sq. Ft.	$192,049
20 Lochry Court, Franklin, IN 3 Beds \| 1.5 Baths \| 1392 Sq. Ft.	$225,645
1736 Francis Street, Franklin, IN 2 Beds \| 1 Baths \| 1652 Sq. Ft.	$113,820

Address	Redfin Estimate
171 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$140,877
118 Schoolhouse Road, Franklin, IN 2 Beds \| 1 Baths \| 1652 Sq. Ft.	$123,000
174 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$145,846
131 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$127,380
30 Lochry Court, Franklin, IN 3 Beds \| 1 Baths \| 1100 Sq. Ft.	$195,718
147 Jordan Drive, Franklin, IN 3 Beds \| 1 Baths \| 900 Sq. Ft.	$173,514
1722 Francis Street, Franklin, IN 2 Beds \| 1 Baths \| 1652 Sq. Ft.	$121,207

Address	Redfin Estimate
195 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1652 Sq. Ft.	$141,500
136 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$127,782
182 Schoolhouse Road, Franklin, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$143,338
145 Schoolhouse Road, Franklin, IN 2 Beds \| 1 Baths \| 1652 Sq. Ft.	—
155 Jordan Drive, Franklin, IN 3 Beds \| 1.5 Baths \| 1392 Sq. Ft.	$192,706
1819 Lochry Road, Franklin, IN 2 Beds \| 1 Baths \| 900 Sq. Ft.	$190,070
50 Lochry Court, Franklin, IN 3 Beds \| 1.5 Baths \| 1044 Sq. Ft.	$206,903

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

46131 homes for sale
46143 homes for sale
46184 homes for sale
46124 homes for sale

Franklin Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale
Perry Township homes for sale

Houses for rent in Franklin	Agents near me	Munster, IN homes for sale	Franklin Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Crown Point, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Zionsville, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Franklin Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Indianapolis homes for sale
Greenwood homes for sale
Plainfield homes for sale