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Office BuildingCommercial

231 COMMERCE DR

FRANKLIN, IN 46131
0
Baths
6,160 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.
1.3 ac
Lot SizeThe size of the land the home sits on, from county records.
1998
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,386 (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.$323,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$239,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$83,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$325,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$323,200

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.50
37
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
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.10 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.1 percent flood zone

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
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1999
Lot (acres)The size of the land the home sits on, from county records.1.30
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(2)

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.

E
Northwood Elementary SchoolB-
Elementary · Grades KG–4 · 1.2 mi
H
Franklin Community High SchoolB-
High · Grades 9–12 · 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

231 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 90% of homes in Johnson County

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 area6,160 ft²
SmallerTypical 1,639 ft²Bigger

Bigger than almost all homes nearby

Lot size1.3 ac
SmallerTypical 0.24 acBigger

Bigger than 85% of homes nearby

Year built1998
OlderTypical 1993Newer

Newer than 63% of homes nearby

How 231 Commerce Dr ranks against every home in each area.
MeasureThis homeFranklin 46131Johnson County
Living areabigger than6,160 ft²almost all homesalmost all homes
Lot sizebigger than1.3 ac85% of homes90% of homes
Year builtnewer than199863% of homes59% of homes

About 231 Commerce Dr

When did 231 Commerce Dr, Franklin, IN last sell?

231 Commerce Dr, Franklin, IN last sold on Jan 3, 2008, according to the county's recorded deed.

How big is 231 Commerce Dr, Franklin, IN?

231 Commerce Dr, Franklin, IN has 6,160 square feet of living space and a 1.30-acre lot.

When was 231 Commerce Dr, Franklin, IN built?

231 Commerce Dr, Franklin, IN was built in 1998, making it 28 years old. The building has 1 story.

What schools serve 231 Commerce Dr, Franklin, IN?

231 Commerce Dr, Franklin, IN is assigned to Northwood Elementary School (elementary), rated B-; Franklin Community High School (high), 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 231 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 (6,160 ft² against a typical 1,639 ft²), its lot is bigger than 85% of them (1.3 ac against a typical 0.24 ac) and it is newer than 63% of them (1998 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 231 Commerce Dr, Franklin, IN?

The 2025 property tax bill for 231 Commerce Dr, Franklin, IN was $8,386. The county assessed it at $323,200.

Closest homes

More homes in Franklin 46131

Assigned schools

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