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    State Road 44 Franklin, IN 46131

    • Land
    • 49.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Road 44

    Lot size
    49.60 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 49.6-acre property in Franklin, Indiana presents a unique investment opportunity. The land is comprised of approximately 36.5 acres of highly productive tillable land, currently planted in corn, and approximately 12.4 acres of wooded area. Johnson County GIS data indicates the tillable land consists primarily of Rs soil – well-drained loamy alluvium, known for high yields. The wooded portion features frontage along winding Sugar Creek, abundant deer sign, and mature trees including oaks and black walnuts (see photos). Convenient access is provided by an INDOT driveway directly off State Road 44, just three miles east of the I-65 exit in Franklin. This rectangular tract offers a blend of agricultural and recreational potential. Note that an additional 33.67 adjacent acres (10 acres tillable, 23.67 acres wooded) are also available for purchase separately. The property's APN is 41-07-10-044-001.000-017. The asking price for this 49.6-acre parcel is $650,000. This property is located at 0 E State Road 44, Franklin, IN 46131.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -85.9553
    Latitude
    39.4967

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    State Road 44
    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
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