5586 S 200 E Franklin, IN 46131
Property details
About 5586 S 200 E
Welcome to 5586 S 200 E, Franklin, Indiana - where space, comfort, and quality meet. Situated on 10 beautiful acres, this 3,827 sq ft home offers room to grow, entertain, and enjoy country living without sacrificing modern convenience. The spacious interior features vaulted ceilings in the living room and entryway, a handsome exposed beam, and an open layout ideal for everyday living. The ceramic-tiled kitchen is both functional and inviting, with plenty of space for cooking and gathering. Two large bonus rooms offer endless flexibility - whether you need a home office, gym, playroom, or guest space. A walkout basement leads to three multi-level patios, perfect for outdoor dining or relaxing evenings. Energy efficiency is a major perk here, thanks to central air and two geothermal systems that help keep utility costs in check. Outside, enjoy an above-ground pool, an 874 sq ft attached garage, and a detached pole barn for additional storage, workshop space, or hobbies. Whether you're looking for a private retreat, a functional homestead, or just extra breathing room, this property has it all - located conveniently
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave Hood, Electric Oven, Refrigerator, Water Heater
- Basement: Yes
- Interior: Vaulted Ceiling(s)
- Fireplace: Family Room
- Total Bedroom Count: 3
- Architectural Style: Multi-Level
- Heating: Forced Air, Geothermal
- List Price: $1,300,000
- Price/SqFt: $339
- Annual Tax Amount: $5,986
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1998
- Living Area: 3,827 SqFt
- Lot Size: 10 Acres
- MLS Number: 22046794
- MLS Name: MIBOR
- Office Name: Keller Williams Indy Metro S
- Office Email: jasonbarnhizer@kw.com
- Listing Agent: Jason Barnhizer
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.
DMCA Notice
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: 6/24/2025, 10:31:27 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
$1,300,000
5586 S 200 E
$10,000
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 | $682,400 | $5,986 |
| 2021 | $493,900 | $4,666 |
| 2020 | $488,700 | $3,689 |
| 2019 | $450,200 | $3,298 |
| 2018 | $410,200 | $3,371 |
| 2017 | $409,500 | $3,225 |
History based on county public records data.
Nearby schools
6
Indian Creek Intermediate School
Public District 3-5
5.0 mi
•1000 S Indian Creek Dr
6
Custer Baker Intermediate School
Public District 5-6
6.0 mi
•101 W State Road 44
5
Creekside Elementary School
Public District KG-4
6.1 mi
•700 E State Road 44
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 $66,399. Most Franklin, IN residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
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
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
Frequently asked questions
About 5586 S 200 E
The listing price of 5586 S 200 E property is $1,300,000.
The property 5586 S 200 E is a house located in Franklin, Indiana, 46131.
Active Listing: 5586 S 200 E is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5586 S 200 E are: Indian Creek Intermediate School (GreatSchools Rating 6/10), Custer Baker Intermediate School (GreatSchools Rating 6/10), Creekside Elementary School (GreatSchools Rating 5/10), Indian Creek Middle School (GreatSchools Rating 6/10), Edinburgh Community Middle School (GreatSchools Rating 6/10), Franklin Community Middle School (GreatSchools Rating 6/10), Indian Creek Sr High School (GreatSchools Rating 5/10), Edinburgh Community High School (GreatSchools Rating 4/10), Franklin Community High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $5,986 (source: MLS/based on county public records data).
The property at 5586 S 200 E has 3 bedrooms and 3 full and 1 half bathrooms.
The property 5586 S 200 E is 3,827 SqFt (source: MLS/tax record).
The year of construction for 5586 S 200 E is 1998.
This home is located at 5586 S 200 E in Franklin, IN and zip code 46131. This 3,827 square foot home, which was built in 1998, sits on a 10.00 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $1,300,000.
In May 2025 more than 10 listings in Franklin, IN were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 16 were sold below. In May 2025 in Franklin, IN there were 24.8% more homes for sale than in April. The median list price of listings available in May 2025 was $279,850, while the average time on the real estate market was 22 days.