7220 S Franklin Road
Indianapolis, IN, 46259 $ 1,195,000
Bedrooms4 Baths3.0 Sq 3,050 Monthly Estimate*
$ 7,942
for $1,195,000 with 4 bedrooms and 3 full baths. This 3,050 square foot home was built in 1875 on a lot size of 8.96.
Once in a lifetime opportunity to own and occupy this restored 1875 farmhouse! This 4 bedroom, 3 bathroom farmhouse sits on almost 9 acres in desired Franklin Township. Over $600,000 of improvements to the property by current owners! Large, 3 car detached garage, huge 54X30 Timberpeg barn perfect for parties and entertainment! 11,000 square feet of stamped concrete, large fire pit and stage. You must see this property in person to truly appreciate the setting and beauty. Zoned DA with event center variance so the property offers a wide variety of potential uses in addition to single family home. Mature trees throughout. The farmhouse has been completely updated and professionally decorated. Improvements/Structures on the property include the remodeled farmhouse, 3 car detached garage, a huge party barn, and original milk barn. Just a few of the recent improvements include: approximately 4 acres of site work/clearing, connection to city water, irrigation system that covers approximately 2 acres, bridge installation the crosses the creek, 11,000+- installation of stamped concrete patio with 2 raised areas for stage/band, huge fire pit area, 1020 sq foot walkway to bridge, epoxy floors in barn, new electrical, commercial beverage cooler, whiskey barrel themed decor throughout party barn, table and chairs throughout, all furnishings in farmhouse, and 600+ foot privacy fence. Property is being sold fully furnished! Hurry, this opportunity will not last long!
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FeaturesGeneralInterior Features Attic Access Built In Book Shelves Vaulted Ceiling(s) Paddle Fan Eat-in Kitchen
Heating Forced Air Gas
Cooling Central Electric
Possession Closing
Appliances Dishwasher Disposal Electric Oven Refrigerator MicroHood Gas Water Heater Water Softener Owned
Exterior Features Barn Storage
Garage Spaces 3
Patio/Porch Features Covered Porch
Architectural Style Other
Construction Materials Aluminum Siding
Year Built 1875
Township Franklin
Levels Two
Property SubType Single Family Residence
Tax Year 2023
County Marion
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 10
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 390385
Street Name Franklin
Property Attached Y/N N
Days on Market 29
Standard Status Active
Tax Lot 4916181210010003000
Buyer Agent Compensation Type %
Legal Description Pt Ne1/4 Nw1/4 S18 T14 R5 Beg 905' S Ne Cor W 964.47' S 423.04' E 967' N 406.44' To Beg 9.195 Ac (8.962 Ac Tax)
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InteriorBasement Cellar
Total Fireplaces 0
Basement (Y/N) Y
Full Baths 3
Half Baths 0
Street Suffix Road
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 36
Main Level Bedrooms 1
Total Baths 3
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ExteriorParking Features Detached
Lot Features Not In Subdivision Trees Mature
Water Source Private Well
Foundation Details Block
Building Area Total 3050
Lot Size Acres 8.96
Other Equipment Iron Filter Smoke Alarm
Horse Amenities Barn
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* Excluded FeaturesList ByArmstrong Real Estate BrokeragBroker
armstrongrebrokerage@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,942
- Monthly Property Taxes
- $433
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $339,915
Percent of Sale Price 72%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045201 Elementary School
4045199 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
6/6/2024 | $1,195,000 | -7.72% | Price Down |
5/9/2024 | $1,295,000 | | Listed Price |