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7220 S Franklin Rd Indianapolis IN 46259 MLS 21978504

$1,149,500

Reduced By $145,500
last change 6/21/2024

Photo one of 7220 S Franklin Rd Indianapolis IN 46259 | MLS 21978504
7220 S Franklin Rd
Indianapolis, IN 46259 MLS# 21978504

  • Bedrooms

    4

  • Baths

    3

  • Sq. Feet

    3050

  • Year Built

    1875

  • Days on Market

    51

  • $/SqFt

    $377

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Home Description: 7220 S Franklin Rd

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!

  • Property Type: Single Family
  • Style: Other
  • Basement: Cellar
  • Acres: 5-10 Acres
  • Lot Description: Mature Trees,Not In Subdivision
  • Siding: Aluminum Siding
  • Patio & Porch: Covered Porch

Available now at $1,149,500

Approximate Room Sizes / Descriptions

Living Room15x15Main
Family Room19x12Main
Kitchen19x13Main
Dining Room15x15Main
Office10x09Upper
Laundry13x7Main
Primary Bedroom15x13Main
Bedroom 215x14Upper
Bedroom 315x12Upper
Bedroom 415x12Upper
  • Interior Description: Attic Access,Built In Book Shelves,Eat-in Kitchen,Paddle Fan,Vaulted Ceiling(s)
  • Full Baths: 3
  • Num Fireplaces: 0
  • Appliances: Dishwasher,Disposal,Electric Oven,Gas Water Heater,MicroHood,Refrigerator,Water Softener Owned
  • Eating Area: Formal Dining Room
  • Equipment: Iron Filter,Smoke Alarm
  • Heating: Forced Air,Gas
  • Cooling: Central Electric
  • : armstrongrebrokerage@gmail.com

Neighborhood

The average asking price of a 4 bedroom Indianapolis home in this zip code is $477,585 (58.5% less than this home).

This home is priced at $377/sqft, which is 59.9% less than similar homes in the 46259 zip code.

Map | Street | Birds Eye

7220 S Franklin Rd Indianapolis IN 46259

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School Information

  • School District:Franklin Township Com Sch Corp

Financial

  • Approx Payment:$4,653*
  • Semi Annual Taxes:$2,599

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 979-1435 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$654,200
$350,000
17
0.0%
52.9%
106

Butler Tarkington
$439,412
$330,000
25
0.0%
44.0%
84

Downtown Indianapolis
$373,941
$295,000
153
0.0%
69.9%
214

Fountain Square
$337,362
$330,000
29
0.0%
65.5%
95

Irvington
$271,377
$225,000
77
0.0%
36.4%
49

Meridian Kessler
$562,228
$429,500
41
0.0%
43.9%
43

Listing Courtesy of Armstrong Real Estate Brokerag. For information or to schedule a viewing of this property (MLS# 21978504) located at 7220 S Franklin Rd Indianapolis IN 46259, call: 317-979-1435

7220 S Franklin Rd, Indianapolis IN is a single family home of 3050 sqft and is currently priced at $1,149,500 . This single family home has 4 bedrooms. A comparable home for sale at 7226 Sayers Rd in Indianapolis is listed at $370,000. This home on 7220 S Franklin Rd has decreased in price by $145,500 and the last change was on 6/21/2024. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Ironstone, Timberview At Eagle Creek and Birchwood Park are nearby neighborhoods. MLS 21978504 has been posted on this site since 5/9/2024 (today).

2024

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