Last Sold Price
3,137,191 Lot Size72.02 Acres
5332 S Franklin Rd, Indianapolis, IN 46239

Description

Honey, Stop the car! Now, YOU can buy the Farm! All 72 glorious ACRES of mixed use development opportuity waiting for you to bring your goals to fruition. What an absolutely incredible opportunity to call your own! Re-create the long ago dairy farming dreams of yesteryear, or invest in the future's growth with LAND. Approximately 1 mile from Franklin Central High School, Intermediate, and Elementary Schools, & Franklin Township Community Park with flat topography, small pond, and utilities on site...Honey, Stop the car! Now, YOU can buy the Farm! All 72 glorious ACRES of mixed use development opportuity waiting for you to bring your goals to fruition. What an absolutely incredible opportunity to call your own! Re-create the long ago dairy farming dreams of yesteryear, or invest in the future's growth with LAND. Approximately 1 mile from Franklin Central High School, Intermediate, and Elementary Schools, & Franklin Township Community Park with flat topography, small pond, and utilities on site - this Hot Spot Hub of land in sought after Franklin Township area should tick all boxes.
LISTING CLOSED: 01/15/2025 12:00 AM

  1. Listed by Rebecca Hameda • The Stewart Home Group
    P: (317) 831-1313 rebecca@thestewarthomegroup.com

Property Details for 5332 South Franklin Road

Status
MLS #
21946023
Days on Market
51
Taxes
$909 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Farm
Year Built
-
Lot Size
72.02 AC
Subdivision Name
No Subdivision
Township
Franklin
Zoning
DA

Recent comparable sales

Median sold price

$319,300

Avg days on market

777

Sale-to-list ratio

60.7%

Indianapolis, IN

9 comparable properties found

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1

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$1,350,000 | 11051 Vandergriff Road, Indianapolis, IN 46239
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Bathrooms
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Sold 09/26/24

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Bedrooms
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Bathrooms
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Location

Add your commute

Building Information for 5332 South Franklin Road

Lot Size72.02 AC

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$12,619 per month

30 year fixed, 6.55% Interest

Principal and Interest

$12,468

Property Taxes

$152

HOA Dues

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Property Information for 5332 South Franklin Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46239
  • Postal Code Plus4: 9646
  • Road Access: Frontage Road
  • Road Frontage Type: FrontageRd
  • State Or Province: IN
  • Topography: Cleared,Level,See Remarks
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491606109017000300
  • Semi Annual Property Tax Amt: 909
  • Tax Year: 2022
  • TaxLot: 300
School Information
  • Middle Or Junior School: Franklin Central Junior High
  • School District: Franklin Township Com Sch Corp
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Irregular Lot,On Pond,See Remarks
  • Lot Size Square Feet: 3137060.0
  • Lot Size Acres: 72.02
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: See Remarks
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: PT NW1/4 S6 T14N R5E COMM NW COR 6-14-5 E316' S200.05' TO P.O.B. E447' NW287.65' E101.62' SE288.53' E1260.37' S5.61’ E45’ S1726.97' W20.05' N152.83' W215.22' S164.59' E11.44' S107' E225.56' S76.2' W400' S460.11' NW1702.61' N1288.61'TO BEG 72.017 AC.
  • Photos Count: 19
  • Present Zoning: Agricultur
  • Property Sub Type: Farm
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Agric Land
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas,Rail,Telephone,Water
  • Facilities On: Not Applicable
  • Sewer: Public Sewer
  • Solid Waste: Yes
  • Water: Municipal Water Near By

Property History for 5332 South Franklin Road

DateEvent & SourcePriceAppreciation
Jan 15, 2025

Sold

MIBORMLS #21946816

$2,452,890
Jan 15, 2025

Sold

MIBORMLS #21946023

$2,452,890
Jan 7, 2025

Sold (Public Record)

Public Record #1552342075

$2,452,890
DateEvent & SourcePrice
01/15/2025

Sold

MIBORMLS #21946816

$2,452,890
01/15/2025

Sold

MIBORMLS #21946023

$2,452,890
01/07/2025

Sold (Public Record)

Public Record #1552342075

$2,452,890

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5332 South Franklin Road

Taxable ValueLand$160,600Additions-Total$160,600
Tax Record2024$3,212 ($268 / month)
Home Facts
Total Finished SqFt1,551 SqFtAbove Grade Finished SqFt1,551 SqFtStories1Lot Size3,137,060 SqFtStyleLivestockYear Built1968ZoningZO01CountyMARIONAPN49-16-06-109-017.000-300Fireplace TypeMasonry

Schools near 5332 South Franklin Road

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Thompson Crossing Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

Edgewood Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5332 South Franklin Road, Indianapolis, IN 46239
$2,452,890
3,137,191
$319,300
8,756
$374,990
3
1,533
7,405
$328,030
3
2
1,532
7,492
$350,000
4
1,771
7,840
$364,990
3
1,338
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Stewart Home Group

Based on information submitted to the MLS GRID as of 11/04/2025 09:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.