Sold
Last Sold Price
181 R R J Pkwy, Franklin, IN 46131
OtherProperty Type
1.42 acresLot Size

Description

Industrial Lot conveniently located in a commercial park in Franklin. Close to US-31 and I65. Great opportunity to develop and build for your growing business. IBD Zoning allows for a range of commercial uses like Outdoor boat/RV storage facility, contractor’s warehouse, and much more. 1.42-acre parcel with city water, city sewer, electricity, and gas all available on/near the site. One of few vacant industrial lots left in the development! Additional parcel to the west (171 R J Pkwy) also available...Industrial Lot conveniently located in a commercial park in Franklin. Close to US-31 and I65. Great opportunity to develop and build for your growing business. IBD Zoning allows for a range of commercial uses like Outdoor boat/RV storage facility, contractor’s warehouse, and much more. 1.42-acre parcel with city water, city sewer, electricity, and gas all available on/near the site. One of few vacant industrial lots left in the development! Additional parcel to the west (171 R J Pkwy) also available for purchase.
  • Listed by: Nathaniel Wozniak 317.503.6688 natewozniak@bhhsin.com • Berkshire Hathaway Home
Listing closed: 09/08/2022 12:00 AM • Source: MIBORMLS, MLS#: 21867855

Recent comparable sales

Median sold price

$162,500

Avg days on market

155

Sale-to-list ratio

105.6%

Franklin, IN

9 comparable properties found

$200,000 | 550 Howe Street, Franklin, IN 46131
1/13
1

$200,000

Sold 12/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.08
Acres
$175,000 | 149 Yandes Street, Franklin, IN 46131
1/4
2

$175,000

Sold 10/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.08
Acres
3

$219,700

Sold 05/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.49
Acres
$135,500 | 836 Beechtree Lane, Franklin, IN 46131
1/34
4

$135,500

Sold 06/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.22
Acres
5

$125,000

Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
6

$115,000

Sold 01/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres
$162,500 | 2 Cr 100 W West, Franklin, IN 46131
1/3
7

$162,500

Sold 02/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
$162,500 | 3 Cr 100 W West, Franklin, IN 46131
1/3
8

$162,500

Sold 02/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
$123,500 | 1675 Millpond Lane, Franklin, IN 46131
1/33
9

$123,500

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres

Location

Listing Courtesy of Berkshire Hathaway Home

Sold By Hoosier, REALTORS®

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,022 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$107

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 181 R R J Parkway

Property Details
  • Taxes: $644 semi-annually
  • MLS Type: Land / Commercial Land
  • Subdivision Name: NO SUBDIVISION
  • Township: Franklin
  • Zoning: IBD
Building Information
  • Lot Size: 1.42 AC / 61,855 SF
Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: From US 31 N in Franklin head east on Earlywood Dr. stay on Earlywood approx. 3/4 mile then south on Hudson St. Head west on R J Parkway.
  • Driveway Type: Ramp3-5mi
  • Postal Code: 46131
  • REO Relocation: 0
  • Road Access: CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Cleared,Level
Taxes and HOA Information
  • Parcel Number: 41-08-02-013-002.000-009
  • Semi Annual Property Tax Amt: 644
  • Tax Exemption: None
  • Tax Year: 2021
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Industrial
  • Land Characteristics: Commercial Park,Industrial Park
  • Lot Number: 7
  • Lot Size: 1.42
  • Lot Size Acres: 1.42
  • MLS: MIBOR
  • New Construction: False
  • Other Structures: No Building
  • Possible Use: Industrial, Office
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: Plat Recorded
  • Documents: SeeRemarks
  • Photos Count: 5
  • Present Zoning: Industrial
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • SaleTerms: Conventnl
  • Supplement Count: 1
  • Type: Single Lot
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Gas,Water & Sewer
  • Facilities On: Electric,Gas,Water & Sewer
  • Sewer: Municipal Sewer Near, Municipal Sewer On Site
  • Solid Waste: 0
  • Water: Municipal Water Near By,Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Improvements: Paved Streets
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0

Property History for 181 R R J Parkway

DateEvent & SourcePriceAppreciation
Sep 8, 2022

Sold

MIBORMLS #21867855

$180,000
Jul 9, 2022

Pending

MIBORMLS #21867855

Jul 5, 2022

Listed (Active)

MIBORMLS #21867855

$90,000
DateEvent & SourcePrice
09/08/2022

Sold

MIBORMLS #21867855

$180,000
07/09/2022

Pending

MIBORMLS #21867855

07/05/2022

Listed (Active)

MIBORMLS #21867855

$90,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 181 R R J Parkway

This home is within Franklin Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Needham Elementary School
PublicPK to 4

Custer Baker Intermediate School
Public5 to 6

Franklin Community Middle School
Public7 to 8

Franklin Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46131

$339,500 | 2274 Hampton Drive, Franklin, IN 46131
1/23

$339,500

3
Bedrooms
2,449
Square Feet
0.19
Acres
$189,950 | 1431 Roberts Road, Franklin, IN 46131
1/43

$189,950

2
Bedrooms
925
Square Feet
0.25
Acres
$425,000 | 2796 North 200 West, Franklin, IN 46131
1/40

$425,000

5
Bedrooms
2,600
Square Feet
1.85
Acres
$300,000 | 1200 Matthews Court, Franklin, IN 46131
1/30

$300,000

3
Bedrooms
2,264
Square Feet
0.19
Acres
$335,000 | 1150 East Adams Drive, Franklin, IN 46131
1/30
New

$335,000

3
Bedrooms
1,674
Square Feet
0.46
Acres
$309,900 | 100 Merlin Drive, Franklin, IN 46131
1/64
New

$309,900

4
Bedrooms
2,150
Square Feet
0.29
Acres
$229,900 | 206 Parkview Court, Franklin, IN 46131
1/46

$229,900

4
Bedrooms
1,225
Square Feet
0.25
Acres
$499,900 | 4919 Highway 252, Franklin, IN 46131
1/46

$499,900

3
Bedrooms
3,335
Square Feet
0.69
Acres
$260,000 | 910 Stonehurst Drive, Franklin, IN 46131
1/33

$260,000

4
Bedrooms
1,252
Square Feet
0.15
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 181 R R J Parkway, Franklin, IN 46131
$180,000
61,855
61,812
61,376
$90,000
61,376
$725,000
6,600
67,866
$700,000
6,400
48,526

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Home

Based on information submitted to the MLS GRID as of 09/09/2022 03:35 PM. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.