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5586 S 200 E

Franklin, IN 46131

3 beds
4 baths
3,827 sqft
~10 acre lot
$339 per sqft
1998 build

Welcome to 5586 S 200 E, Franklin, Indiana - where space, comfort, and quality meet. Situated on 10 beautiful acres, this 3,827 sq ft home offers room to grow, entertain, and enjoy country living without sacrificing modern convenience. The spacious interior features vaulted ceilings in the living room and entryway, a handsome exposed beam, and an open layout ideal for everyday living. The ceramic-tiled kitchen is both functional and inviting, with plenty of space for cooking and gathering. Two large bonus rooms offer endless flexibility - whether you need a home office, gym, playroom, or guest space. A walkout basement leads to three multi-level patios, perfect for outdoor dining or relaxing evenings. Energy efficiency is a major perk here, thanks to central air and two geothermal systems that help keep utility costs in check. Outside, enjoy an above-ground pool, an 874 sq ft attached garage, and a detached pole barn for additional storage, workshop space, or hobbies. Whether you're looking for a private retreat, a functional homestead, or just extra breathing room, this property has it all - located conveniently

Listing courtesy of MIBOR / Keller Williams Indy Metro S

Last checked: Checking… • Last updated Jun 24, 2025 •

MLS# 22046794 —

The Building

Year Built:

1998
New Construction:

false
Construction Materials:

Brick, Vinyl With Brick
Architectural Style:

Multi-Level
Foundation Details:

Concrete Perimeter
Levels:

Three Or More
Basement:

true
Patio And Porch Features:

Open Patio
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

957
Building Area Total:

3827
Below Grade Finished Area:

784

Interior

Rooms:

10
Rooms Total:

13
Rooms Total:

10
Interior Features:

Vaulted Ceiling(s)
Eating Area:

Dining Combo/Kitchen
Fireplaces Total:

1
Fireplace Features:

Family Room

Room Dimensions

SqFt:

3043
Main Level SqFt:

2086
Living Area:

3827

Location

Directions:

GPS Friendly
Latitude:

39.393838
Longitude:

-86.068492

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

411115041024002020
Acres:

10-20 Acres
Lot Size Acres:

10
Lot Size SqFt:

435,600 Sqft
Price Per Acre:

130000
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

41-11-15-041-024.002-020
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

3209

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

1
# of Bedrooms Upper:

2

Baths

Baths:

4
Full Baths:

3
Full Baths:

2
Half Baths:

1
Half Baths:

1
Full Baths Main:

1
Half Baths Main:

1
Full Baths Upper:

1
Full Baths Basement:

1

Heating & Cooling

Heating:

Forced Air, Geothermal

Utilities

Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Water Heater

Schools

High School District:

Nineveh-Hensley-Jackson United

The Community

Subdivision Name:

No Subdivision
Pool Features:

Above Ground
Pool Private:

true
Association:

false

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

3
Garage SqFt:

874

Monthly cost estimate

Asking price

$1,300,000

Expense	Monthly cost
Mortgage	$6,961
Taxes	$534
Insurance	$357
Utilities	$173 See report
Total	$8,025/mo.^*
	^*This is an estimate

Explore the Area

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From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/24/25 Jun 24, 2025	Listed / Active	MIBOR	$1,300,000

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This house located in IN 46131 is currently for sale for $1,300,000. 5586 S 200 E is a 3,827 square foot house with 3 beds and 4 baths. This house is in the attendance area of Indian Creek Intermediate School, Indian Creek Middle School, Indian Creek Elementary School, and Indian Creek High School.

Listing Courtesy of: MIBOR and Keller Williams Indy Metro S.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

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