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103 N Franklin St, Fairland, IN, 46126

2beds
1baths
1,032sqft
$79,000
$77price/sqft
$735/moest. monthly cost
$29,400/yrincome needed

About This Home

Built in 1890, this historic home in the heart of Fairland offers a rare opportunity to bring new life to a property filled with character and possibility. With spacious room sizes and a surprisingly functional floor plan, the layout provides flexibility for redesign and modernization. The home includes an enclosed front porch, along with 2 bedrooms, higher ceilings throughout and a large eat-in kitchen. The home is situated on almost 1/4 acre and has an open backyard that is lined with mature trees. For those with vision, creativity, and the willingness to restore, the potential here is undeniable. Bring your plans, your contractor, and your imagination.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
8/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1890

Materials

  • Foundation: Block,Partial,Wood,See Remarks
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None,Gas Oven,Propane Water Heater,Refrigerator
  • Laundry features: No Laundry Facil.

Bedroom2

  • Level: Main
  • Area: 117
  • Dimensions: 13x9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Attic Access,Hardwood Floors,Eat-in Kitchen
  • Flooring: Hardwood
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,032
  • Total interior livable area: 1,032 sqft

Kitchen

  • Level: Main
  • Area: 180
  • Dimensions: 10x18

Living Room

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Master Bedroom

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Property

Details

  • Parcel number: 730609400258000027
  • Special condition: As Is,Cosmetics Needed,Defects/See Remarks,Fixer Upper,Short Sale
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Glass Enclosed,Screened

Lot

  • Lot size: 8,712 sqft
  • Features: Mature Trees

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Drought
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $399$4,788
Home Insurance *$51$612
Property Taxes $101$1,212
Electricity $184$2,212
Total$735$8,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,200/yr
40% on housing$22,050/yr
45% on housing$19,600/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 46126$134
Shelby County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 46126$153
Shelby County$117

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Price change$99,900
2026-04-10Price change$103,000
2026-03-26Price change$108,000
2026-03-01Listed for sale$115,000
2024-09-06Sold$105,000
2024-07-20Pending sale$105,000
2024-07-12Listed for sale$105,000

For Sale by Agent

AgentCassandra Chandler-Dues
BrokerageELEVATED Homes and Properties

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