$225,000

315 Schoolhouse Rd Franklin, IN 46131

$2,672
Closing credit¹
3 beds
1 full
1,450 sqft
0.1 acres
$155 / sqft
House

Property details

About 315 Schoolhouse Rd

This home provides ample space for relaxation and everyday living. Imagine arranging your favorite furniture and decor to make this home uniquely YOU! The property includes three bedrooms, Envision each bedroom as a private sanctuary, designed to promote restful sleep and peaceful mornings. This 1 car garage is actually deep enough for 3 cars!! and offering outdoor space for gardening, recreation, or simply enjoying the fresh air. Picture yourself enjoying the outdoors, creating a vibrant garden, or hosting gatherings in your own backyard. With NO HOA! House is in a Flood Plain

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,450 sqft
Lot size0.14 Acres
Year built1958
MLS #22041186

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal
  • Basement: No
  • Interior: Attic Access, Paddle Fan, Eat-in Kitchen, Windows Vinyl
  • Total Bedroom Count: 3
  • Exterior: Not Applicable
  • Architectural Style: Ranch
  • Heating: Forced Air
  • List Price: $225,000
  • Price/SqFt: $155
  • Annual Tax Amount: $1,868
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1958
  • Living Area: 1,450 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: 22041186
  • MLS Name: MIBOR
  • Office Name: Libertad Real Estate Co., LLC
  • Office Email: deanna@libertadproperties.com
  • Listing Agent: Deanna Bauer

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 5/30/2025, 11:46:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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315 Schoolhouse Rd, Franklin, IN 46131 - view of front facade with a chimney, an attached carport, a front lawn, and covered porch

$225,000

315 Schoolhouse Rd

$2,672

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$168,800$1,868
2021$143,100$1,561
2020$119,300$1,272
2019$117,100$656
2018$74,900$664
2017$74,900$800

History based on county public records data.

Nearby schools

5

Northwood Elementary School

Public District KG-4

0.6 mi

965 Grizzly Cub Dr

6

Needham Elementary School

Public District KG-4

1.5 mi

1399 Upper Shelbyville Rd

7

Webb Elementary School

Public District KG-4

1.6 mi

1400 Webb Ct

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,500. Residents of Franklin, IN typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
60%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
19%
Single, with Kids
24%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 315 Schoolhouse Rd

The listing price of 315 Schoolhouse Rd property is $225,000.

The property 315 Schoolhouse Rd is a house located in Franklin, Indiana, 46131.

Active Listing: 315 Schoolhouse Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 315 Schoolhouse Rd are: Northwood Elementary School (GreatSchools Rating 5/10), Needham Elementary School (GreatSchools Rating 6/10), Webb Elementary School (GreatSchools Rating 7/10), Franklin Community Middle School (GreatSchools Rating 6/10), Clark Pleasant Middle School (GreatSchools Rating 7/10), Greenwood Middle School (GreatSchools Rating 6/10), Franklin Community High School (GreatSchools Rating 4/10), Whiteland Community High School (GreatSchools Rating 4/10), Greenwood Community High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,868 (source: MLS/based on county public records data).

The property at 315 Schoolhouse Rd has 3 bedrooms and 1 bathroom.

The property 315 Schoolhouse Rd is 1,450 SqFt (source: MLS/tax record).

The year of construction for 315 Schoolhouse Rd is 1958.

This home is located at 315 Schoolhouse Rd in Franklin, IN and zip code 46131. This 1,450 square foot home, which was built in 1958, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $225,000.

Franklin, IN housing market in April 2025 saw over 5 listings sold above listed price, more than 8 sold at listed price and over 13 sold below. The number of homes for sale in Franklin, IN decreased by 7% between March and April 2025. In April 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $278,000.

From Rocket Homes Real Estate and based on county public records data.

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