3480 S US Highway 31 Franklin, IN 46131
Property details
About 3480 S US Highway 31
Discover endless possibilities in this recently updated 3-bedroom, 2-bath residence, spanning 1954 sq ft on approximately 3 acres of land. Originally a prime Highway 31 location, this versatile property has been converted to residential use but retains the potential for retail or business purposes. The expansive interior offers modern comfort, while the large carport provides ample covered parking. Step outside to a huge deck overlooking a private backyard, creating a perfect space for relaxation or entertaining. With its strategic location and diverse potential, this property invites you to bring your ideas and turn them into the perfect blend of home and business. 5 Car Carport and a Shipping Container as Workshop/Shed. The canvas is ready-seize the opportunity! Residential variance is approved.
Highlights
Summary
- MLS Number: 22018880
- MLS Name: MIBOR
- Office Name: eXp Realty, LLC
- Office Email: Chris@ChrisImelRealtor.com
- Listing Agent: Christopher Imel
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 1:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$264,900
3480 S US Highway 31
$3,146
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $63,900 | $1,272 |
| 2021 | $61,200 | $1,000 |
| 2020 | $61,200 | $937 |
| 2019 | $59,500 | $1,584 |
| 2018 | $95,100 | $1,547 |
| 2017 | $94,200 | $1,496 |
History based on county public records data.
Nearby schools
7
Webb Elementary School
Public District KG-4
4.4 mi
•1400 Webb Ct
6
Needham Elementary School
Public District KG-4
4.6 mi
•1399 Upper Shelbyville Rd
5
Northwood Elementary School
Public District KG-4
5.3 mi
•965 Grizzly Cub Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,025. The majority of Franklin, IN residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 3480 S US Highway 31
This home is located at 3480 S US Highway 31 in Franklin, IN and zip code 46131. This 1,954 square foot home, which was built in 1919, sits on a 3.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $264,900.
In March 2025 more than 8 listings in Franklin, IN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 23 were sold below. The number of homes for sale in Franklin, IN increased by 5.8% between February and March 2025. Listings spent 30 days on the market in March 2025, and had a median list price of $275,975 during the same period.