0 State Road 44 Franklin, IN 46131
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.