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    State Road 135 Franklin, IN 46131

    For Sale
    $247,600

    Residential Lots - Franklin, IN

    Lot size:
    6.19 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for State Road 135

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    410935011003000034
    Lot size
    6.19 Acres

    Utilities

    Water front features
    Pond, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Shelly Johnson (317) 882-5900 License #RB14043056

    Listing date Sep 18, 2025

    MLS# 22048261 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Scenic 6+ Acre Buildable Lot

    This 6.19-acre residential lot in Franklin, Indiana, offers an ideal setting for building a dream home in Johnson County. The property features open terrain and peaceful views, enhanced by tree-lined borders along State Road 135, ensuring privacy. A spring-fed, stocked pond provides direct access for relaxation, fishing, and kayaking. The absence of an HOA or restrictive covenants, coupled with ample space, allows for the construction of a barn and garage. This parcel presents opportunities for building a home with a covered porch overlooking the pond, or for investing in land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.158647537231
    Latitude
    39.443815912353

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    FAQs

    What type of property is this?
    Land - Beautiful Johnson County lot with pond frontage, ideal for building.
    Where is this land located?
    The property is located at State Road 135 Franklin, IN.
    What is the asking price?
    The asking price for this property is $247,600.
    What are key features of this property?
    This property features: - 6+ acre buildable lot with scenic pond frontage.; - Direct access to a spring-fed, stocked pond for recreation.; - No HOA or restrictive covenants.
    (317) 882-5900
    Request Owner's contact information
    State Road 135 Franklin, IN 46131
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    Franklin, IN 46131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    State Road 135 Franklin, IN 46131
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