Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$320,404$142 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $264,000 on Feb 22, 2023

879 WATERWAY DR

FRANKLIN, IN 46131
3
Beds
2.5
Baths
2,264 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.
0.18 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.
2
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$320K
$307K low$334K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$264,000 · Feb 22, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,051 (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.$297,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$40,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$257,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$269,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$297,900

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.45
37
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.
78
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.Single Family Residence
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.2005
Lot (acres)The size of the land the home sits on, from county records.0.18
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 112 ft²Patio · 280 ft²Porch · 38 ft²

Transaction History(7)

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

Foreclosure Filings(2)

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

M
Franklin Community Middle SchoolB+
Middle · Grades 7–8 · 0.4 mi
E
Creekside Elementary SchoolB-
Elementary · Grades KG–4 · 1.1 mi
H
Franklin Community High SchoolB-
High · Grades 9–12 · 1.9 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%

Owner Tools

Do you own this home?
Claim this home

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

879 Waterway 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.

  • Worth more than 67% of homes in Franklin 46131
  • Costs less per square foot than 84% of homes in Johnson County
  • Bigger than 77% of homes in Franklin 46131
  • Has a smaller lot than 79% of homes in Johnson County
  • Newer than 71% of homes in Franklin 46131

What homes are worth in Franklin 46131

Each bar is how many homes fall in that price range. The marker is this home.

This home
$136K$743K

This home is worth more than 67% 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.

Estimated value$320,404
CheaperTypical $274,677Pricier

Pricier than 67% of homes nearby

Price per ft²$142
CheaperTypical $174Pricier

Pricier than 20% of homes nearby

Living area2,264 ft²
SmallerTypical 1,645 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.18 ac
SmallerTypical 0.24 acBigger

Bigger than 29% of homes nearby

Year built2001
OlderTypical 1993Newer

Newer than 71% of homes nearby

How 879 Waterway Dr ranks against every home in each area.
MeasureThis homeFranklin 46131Johnson County
Estimated valuepricier than$320,40467% of homes53% of homes
Price per ft²pricier than$14220% of homes16% of homes
Living areabigger than2,264 ft²77% of homes70% of homes
Lot sizebigger than0.18 ac29% of homes21% of homes
Year builtnewer than200171% of homes66% of homes

About 879 Waterway Dr

How much is 879 Waterway Dr, Franklin, IN worth?

The TopHap Estimate for 879 Waterway Dr, Franklin, IN is $320,404 as of Aug 30, 2026. The likely range is $306,837 to $333,971. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 879 Waterway Dr, Franklin, IN last sell?

879 Waterway Dr, Franklin, IN last sold on Feb 22, 2023 for $264,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 879 Waterway Dr, Franklin, IN?

879 Waterway Dr, Franklin, IN has 3 bedrooms, 2.5 bathrooms, 2,264 square feet of living space and a 0.18-acre lot.

When was 879 Waterway Dr, Franklin, IN built?

879 Waterway Dr, Franklin, IN was built in 2001, making it 25 years old. The building has 2 stories.

What schools serve 879 Waterway Dr, Franklin, IN?

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

How does 879 Waterway Dr, Franklin, IN compare to other homes in Franklin 46131?

Among the 11,397 homes in Franklin 46131, it is worth more than 67% of them ($320,404 against a typical $274,677), its price per square foot is higher than 20% of them ($142 against a typical $174), it is bigger than 77% of them (2,264 ft² against a typical 1,645 ft²), its lot is bigger than 29% of them (0.18 ac against a typical 0.24 ac) and it is newer than 71% of them (2001 against a typical 1993). Measured against all of Johnson County, it is worth more than 53% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 879 Waterway Dr, Franklin, IN?

The 2025 property tax bill for 879 Waterway Dr, Franklin, IN was $3,051. The county assessed it at $297,900.

More homes on Waterway Dr

Closest homes

More homes in Franklin 46131

Assigned schools

Explore the area

See this home in context

Open 879 Waterway Dr on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map