381 Walnut St

Franklin, IN 46131

$279,900
Price
2
Beds
1,350 Sq. Ft.
$207 / Sq. Ft.
1,350
Sq. Ft.
$207
per Sq. Ft.
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Description

Built in 1876 and thoughtfully updated for today's lifestyle, this two-story home offers the character of a classic Indiana residence with the peace of mind of modern improvements. A newer roof, refreshed bathrooms, and an updated kitchen mean the big-ticket items are already done - so you can simply move in and enjoy. Inside, you'll find 2 bedrooms, 2 bathrooms, and 8 rooms across approximately 1,400 square feet of well-maintained living space. The updated kitchen flows naturally into the home's...Built in 1876 and thoughtfully updated for today's lifestyle, this two-story home offers the character of a classic Indiana residence with the peace of mind of modern improvements. A newer roof, refreshed bathrooms, and an updated kitchen mean the big-ticket items are already done - so you can simply move in and enjoy. Inside, you'll find 2 bedrooms, 2 bathrooms, and 8 rooms across approximately 1,400 square feet of well-maintained living space. The updated kitchen flows naturally into the home's warm, welcoming layout, while fresh carpet in the dining room adds a clean, finished feel. Outside, the property truly shines. A large detached garage and extra rear parking provide exceptional storage and convenience - a rare find for a home with this much character. The 0.19-acre lot offers just the right amount of outdoor space to relax or entertain. Best of all, you're just steps from everything historic downtown Franklin has to offer - coffee shops, restaurants, bars, boutique shopping, and a year-round calendar of community events. This is the kind of location that makes everyday life feel a little more special.
  1. Listed by Jacob Hemrick • Hemrick Property Group Inc.
    P: (317)-696-2969 C: (317)-412-5310 jake@hemrickpropertygroup.com

Property Details for 381 Walnut Street

Architectural Style
Craftsman
Subdivision Name
No Subdivision
Township
Franklin
LISTING UPDATED: 05/02/2026 08:44 AM

Property Details for 381 Walnut Street

StatusActive
MLS #22097241
Days on Market15
Taxes$985 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1876
Lot Size0.19 AC / 8,276 SF
CountyJohnson County
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Location

Listing Courtesy of Hemrick Property Group Inc.
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Building Information for 381 Walnut Street

Stories-Year Built1876Building Size-Lot Size0.19 AC / 8,276 SF

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$1,574 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,409

Property Taxes

$164

HOA Dues

$0

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Property Information for 381 Walnut Street

Summary
Location and General Information
  • City: Franklin
  • County Or Parish: Johnson
  • Directions: US-31 to Banta, east to home on Walnut. Turn south. Home on east side of street.
  • Postal Code: 46131
  • Postal Code Plus4: 1657
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 410814031080000009
  • Semi Annual Property Tax Amt: 985
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: n
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 Parking Other: Service Door
  • Garage Spaces: 2.0
  • Garage SqFt: 528
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Sidewalks, Street Lights
  • Lot Size Square Feet: 8407.0
  • Lot Size Acres: 0.19
  • Main Level SqFt: 900
  • New Construction: False
  • Living SqFt: 450.0
  • Sqft Total: 1350.0
  • Sq Ft Total: 1350.0
  • Year Built Numeric: 1876
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Warranty Homebuyers
  • Legal Subdivision: Sw S14 T12 R4 S Lot & Pt N Lot Mp Franklin Communi
  • Photos Count: 43
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Siding, Vinyl Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned, Microwave
  • Areas Interior: Bedroom Other on Main
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access, High Ceilings, Walk-In Closet(s), Hardwood Floors, Wood Work Painted, Hi-Speed Internet Availbl, Pantry
  • Levels: Two, One and One Half
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Living Room, Kitchen, Dining Room, Laundry, Primary Bedroom, Bedroom 2, Loft
  • Room and Features: Living Room-Main, Kitchen-Main, Dining Room-Main, Laundry-Main, Primary Bedroom-Upper, Bedroom 2-Main, Loft-Upper
  • Main Level Bedrooms: 1
  • Laundry Features: Main Level, Laundry Room
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 17x11
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 11x11
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 11x11
  • Room Type: Dining Room
Room 4
  • Room Level: Main
  • Room Dimensions: 11x07
  • Room Type: Laundry
Room 5
  • Room Level: Upper
  • Room Dimensions: 16x10
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 16x11
  • Room Type: Loft
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 381 Walnut Street

DateEvent & SourcePriceAppreciation
May 2, 2026

Price Change

MIBORMLS #22097241

$279,900—
Apr 23, 2026

Listed (Active)

MIBORMLS #22097241

$289,900—
Apr 7, 2025

Sold (Public Record)

Public Record #1556468368

$240,000

+9.3% / yr

DateEvent & SourcePrice
05/02/2026

Price Change

MIBORMLS #22097241

$279,900
04/23/2026

Listed (Active)

MIBORMLS #22097241

$289,900
04/07/2025

Sold (Public Record)

Public Record #1556468368

$240,000

+9.3% / yr

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

Public Records for 381 Walnut Street

Taxable ValueLand$27,200Additions$169,000Total$196,200
Tax Record2025$1,970 ($164 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtStories2Lot Size8,407 SqFtStyleSingle Family ResidenceYear Built1876Year Renovated2000CountyJOHNSONAPN41-08-14-031-080.000-009

Schools near 381 Walnut Street

This home is within Franklin Community School Corp.
Rating
School
Type
Grades
Distance
Northwood Elementary School
Public - PK to 4
Custer Baker Intermediate School
Public - 5 to 6
Franklin Community Middle School
Public - 7 to 8
Franklin Community High School
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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More information about 381 Walnut Street, Franklin, IN 46131

381 Walnut Street is a single family home for sale in Franklin, IN 46131. This property was listed for sale on April 23, 2026 by Hemrick Property Group Inc., it's currently listed at $279,900. It has been on the market for a total of 15 days and was last sold on April 7, 2025. This listing's school district is Franklin Community School Corp. Nearby schools include Northwood Elementary School, Custer Baker Intermediate School and Franklin Community Middle School. 381 Walnut Street is a 2-bed, 2-bath, 1,350 sqft single family home built in 1876.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hemrick Property Group Inc.

Based on information submitted to the MLS GRID as of 05/02/2026 08:44 AM. 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.