Last Sold Price
3 beds1,450 sqft$124/sqft
315 Schoolhouse Rd, Franklin, IN 46131

Description

Price improvement This home provides ample space for relaxation and everyday living. Imagine arranging your favorite furniture and decor to make this home uniquely YOU! The property includes three bedrooms, Envision each bedroom as a private sanctuary, designed to promote restful sleep and peaceful mornings. This 1 car garage is actually deep enough for 3 cars! and offering outdoor space for gardening, recreation, or simply enjoying the fresh air. Picture yourself enjoying the outdoors, creating...Price improvement This home provides ample space for relaxation and everyday living. Imagine arranging your favorite furniture and decor to make this home uniquely YOU! The property includes three bedrooms, Envision each bedroom as a private sanctuary, designed to promote restful sleep and peaceful mornings. This 1 car garage is actually deep enough for 3 cars! and offering outdoor space for gardening, recreation, or simply enjoying the fresh air. Picture yourself enjoying the outdoors, creating a vibrant garden, or hosting gatherings in your own backyard. With NO HOA! House is in a Flood Plain-
LISTING CLOSED: 12/03/2025 12:00 AM

  1. Listed by Deanna Bauer • Libertad Real Estate Co., LLC
    P: (317) 203-4243 C: (317) 652-8980 deanna@libertadproperties.com
  2. Listed by Edgar Ibanez
    P: (317) 444-1207 C: (317) 444-1207 edgar@libertadproperties.com

Property Details for 315 Schoolhouse Road

Status
MLS #
22041186
Days on Market
163
Taxes
$967 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1958
Lot Size
0.14 AC / 6,098 SF
Architectural Style
Ranch
Subdivision Name
Lochry
Township
Franklin
Waterfront
No

Recent comparable sales

Median sold price

$193,000

Avg days on market

38

Sale-to-list ratio

96.8%

[Franklin, IN]

9 comparable properties found

$185,000 | 1998 Crescent Street, Franklin, IN 46131
1/46
1

$185,000

Sold 07/03/25

3
Bedrooms
1,440
Square Feet
0.22
Acres
$174,900 | 351 Cincinnati Street, Franklin, IN 46131
1/21
2

$174,900

Sold 01/15/26

3
Bedrooms
1,530
Square Feet
0.09
Acres
$193,000 | 600 West King Street, Franklin, IN 46131
1/28
3

$193,000

Sold 12/02/24

3
Bedrooms
1,336
Square Feet
0.12
Acres
$210,000 | 45 Crescent Street, Franklin, IN 46131
1/29
4

$210,000

Sold 02/27/25

3
Bedrooms
1,240
Square Feet
0.17
Acres
$215,000 | 1955 Churchill Road, Franklin, IN 46131
1/19
5

$215,000

Sold 09/24/24

3
Bedrooms
1,225
Square Feet
0.35
Acres
$175,000 | 171 Jordan Drive, Franklin, IN 46131
1/19
6

$175,000

Sold 03/27/25

3
Bedrooms
1,175
Square Feet
0.17
Acres
$230,000 | 1453 Churchill Road, Franklin, IN 46131
1/32
7

$230,000

Sold 08/15/25

3
Bedrooms
1,252
Square Feet
0.35
Acres
$233,000 | 741 Walnut Street, Franklin, IN 46131
1/4
8

$233,000

Sold 05/23/25

3
Bedrooms
1,329
Square Feet
0.21
Acres
$188,500 | 1181 Hospital Road, Franklin, IN 46131
1/22
9

$188,500

Sold 03/12/25

3
Bedrooms
1,194
Square Feet
0.47
Acres

Location

Listing Courtesy of Libertad Real Estate Co., LLC

Sold By New Start Home Realty, LLC

Add your commute

Building Information for 315 Schoolhouse Road

Stories-Year Built1958Building Size-Lot Size0.14 AC / 6,098 SF

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$1,076 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$161

HOA Dues

$0

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Property Information for 315 Schoolhouse Road

Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: GPS Friendly
  • Postal Code: 46131
  • Postal Code Plus4: 1132
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 410811032159000009
  • Semi Annual Property Tax Amt: 967
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 149
School Information
  • High School: Franklin Community High School
  • Middle Or Junior School: Franklin Community Middle School
  • School District: Franklin Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 275
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 5998.0
  • Lot Size Acres: 0.14
  • Main Level SqFt: 1450
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1450.0
  • Sq Ft Total: 1450.0
  • Year Built Numeric: 1958
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Lochry Add 4th Sec Lot 149 Mp Franklin Communi
  • Photos Count: 1
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: FHA
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Exterior Features: Not Applicable
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access, Paddle Fan, Eat-in Kitchen
  • Levels: One
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 16x12
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 14x12
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 9x9
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 315 Schoolhouse Road

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Sold

MIBORMLS #22041186

$180,000
Dec 2, 2025

Sold (Public Record)

Public Record #1922988334

$180,000
Nov 5, 2025

Pending

MIBORMLS #22041186

DateEvent & SourcePrice
12/03/2025

Sold

MIBORMLS #22041186

$180,000
12/02/2025

Sold (Public Record)

Public Record #1922988334

$180,000
11/05/2025

Pending

MIBORMLS #22041186

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

Public Records for 315 Schoolhouse Road

Taxable ValueLand$17,300Additions$190,900Total$208,200
Tax Record2025$2,120 ($177 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,450 SqFtAbove Grade Finished SqFt1,450 SqFtStories1Lot Size6,011 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1978CountyJOHNSONAPN41-08-11-032-159.000-009

Schools near 315 Schoolhouse Road

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
Northwood 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.

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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 Libertad Real Estate Co., LLC

Based on information submitted to the MLS GRID as of 12/10/2025 05:02 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.