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Office BuildingCommercial
Last sold for $1,066,527 on May 14, 2026

171 COMMERCE DR

FRANKLIN, IN 46131
0
Baths
10,800 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.09 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,066,527 · May 14, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,830 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$419,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$251,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$168,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$392,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$419,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
79
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
90
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
23
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.17 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Office Building
CountyJOHNSON
Lot (acres)The size of the land the home sits on, from county records.1.09
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Franklin Community High SchoolB-
High · Grades 9–12 · 1.1 mi
E
Northwood Elementary SchoolB-
Elementary · Grades KG–4 · 1.2 mi
M
Franklin Community Middle SchoolB+
Middle · Grades 7–8 · 1.4 mi

District: Franklin Community School Corporation

Neighborhood · ZIP 46131These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.37

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.39,005
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.298 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,970
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,778
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

171 Commerce Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Franklin 46131
  • Has a bigger lot than 89% of homes in Johnson County
  • Newer than 72% of homes in Franklin 46131

How it measures up in Franklin 46131

The dot is this home. The mark in the middle is the typical home in Franklin 46131.

Living area10,800 ft²
SmallerTypical 1,636 ft²Bigger

Bigger than almost all homes nearby

Lot size1.09 ac
SmallerTypical 0.24 acBigger

Bigger than 83% of homes nearby

Year built2001
OlderTypical 1993Newer

Newer than 72% of homes nearby

How 171 Commerce Dr ranks against every home in each area.
MeasureThis homeFranklin 46131Johnson County
Living areabigger than10,800 ft²almost all homesalmost all homes
Lot sizebigger than1.09 ac83% of homes89% of homes
Year builtnewer than200172% of homes66% of homes

About 171 Commerce Dr

When did 171 Commerce Dr, Franklin, IN last sell?

171 Commerce Dr, Franklin, IN last sold on May 14, 2026 for $1,066,527, according to the county's recorded deed.

How big is 171 Commerce Dr, Franklin, IN?

171 Commerce Dr, Franklin, IN has 10,800 square feet of living space and a 1.09-acre lot.

When was 171 Commerce Dr, Franklin, IN built?

171 Commerce Dr, Franklin, IN was built in 2001, making it 25 years old. The building has 1 story.

What schools serve 171 Commerce Dr, Franklin, IN?

171 Commerce Dr, Franklin, IN is assigned to Franklin Community High School (high), rated B-; Northwood Elementary School (elementary), rated B-; Franklin Community Middle School (middle), rated B+. All sit in Franklin Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 171 Commerce Dr, Franklin, IN compare to other homes in Franklin 46131?

Among the 11,397 homes in Franklin 46131, it is bigger than almost all of them (10,800 ft² against a typical 1,636 ft²), its lot is bigger than 83% of them (1.09 ac against a typical 0.24 ac) and it is newer than 72% of them (2001 against a typical 1993). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 171 Commerce Dr, Franklin, IN?

The 2025 property tax bill for 171 Commerce Dr, Franklin, IN was $10,830. The county assessed it at $419,700.

Closest homes

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Assigned schools

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