1550 N Franklin Rd is a 2,214 square foot house on a 0.95 acre lot with 4 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $224,476.
Single-familyProperty Type
1952Year Built
0.95 acresLot Size
$101Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$224,476
$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.8% higher than the average sale price ($210K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,827 (+11.5%)
$15,800 + $236,300
$252,100
2024
$2,535 (+2.2%)
$15,800 + $183,900
$199,700
2023
$2,480 (−1.1%)
$15,800 + $183,900
$199,700
2022
$2,508 (+13.8%)
$15,800 + $175,300
$191,100
2021
$2,203 (+3.1%)
$15,800 + $158,600
$174,400
2020
$2,136 (+4.5%)
$15,800 + $158,600
$174,400
2019
$2,045 (+8.5%)
$15,800 + $154,800
$170,600
2018
$1,885 (+14.7%)
$15,800 + $146,400
$162,200
2017
$1,644 (+4.8%)
$15,800 + $124,000
$139,800
2016
$1,569 (+7.9%)
$15,800 + $124,000
$139,800
2015
$1,454 (+11.7%)
$15,800 + $116,800
$132,600
2014
$1,302 (−15.1%)
$15,800 + $120,500
$136,300
2013
$1,534
$15,800 + $105,700
$121,500
Tax history for 1550 N Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,827 (+11.5%)
$15,800 + $236,300
$252,100
2024
$2,535 (+2.2%)
$15,800 + $183,900
$199,700
2023
$2,480 (−1.1%)
$15,800 + $183,900
$199,700
2022
$2,508 (+13.8%)
$15,800 + $175,300
$191,100
2021
$2,203 (+3.1%)
$15,800 + $158,600
$174,400
2020
$2,136 (+4.5%)
$15,800 + $158,600
$174,400
2019
$2,045 (+8.5%)
$15,800 + $154,800
$170,600
2018
$1,885 (+14.7%)
$15,800 + $146,400
$162,200
2017
$1,644 (+4.8%)
$15,800 + $124,000
$139,800
2016
$1,569 (+7.9%)
$15,800 + $124,000
$139,800
2015
$1,454 (+11.7%)
$15,800 + $116,800
$132,600
2014
$1,302 (−15.1%)
$15,800 + $120,500
$136,300
2013
$1,534
$15,800 + $105,700
$121,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D3
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Replace the cooling system on a residential building.
HVAC
Sep 26, 2007 • Final
Right of way permit-excavation
Perform manhole adjustments for United Water.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,107
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 9
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Living Sq. Ft: 2,214
Adjusted Gross Sq. Ft: 3,321
Ground Floor Sq. Ft: 1,107
Building Sq. Ft: 3,321
# of Stories: 1.5
Legal Description: PT NE1/4 SE1/4 S36 T16 R4 BEG 307.76FT S & 34.87FTW OF NE COR SE IRR 131.48FT W 322.42FT N130.8FT E 318.37FT TO BEG 0.952AC
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 504
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 41,469
Municipality Name: WARREN,OUTSIDE
Acres: 0.952
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 2,214
Stories: 1.5
Lot Size: 0.95 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1952
County: Marion County
APN: 490736110022000700
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Hawthorne Elementary School
Public K-4 • Assigned • 1.9mi
5/10
Raymond Park Middle School (7-8)
Public 5-8 • Assigned • 3.6mi
4/10
Warren Central High School
Public 9-12 • Assigned • 1.5mi
3/10
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, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46219
Average low and high temperatures (°F)
32
18
42
26
60
39
69
48
71
53
83
66
88
71
82
65
81
60
71
49
54
39
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$214,000 – $259,000
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