Sold
Last Sold Price
4 beds3,050 sqft$326/sqft
7220 S Franklin Rd, Indianapolis, IN 46259
Single FamilyProperty Type
8.96 acresLot Size
1875Year Built
$326/sq ftPrice per sq ft
3 carsParking Spaces

Description

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. Mature trees throughout....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. 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, beverage cooler, whiskey barrel themed decor throughout party barn, and a 600+ foot privacy fence. Hurry, this opportunity will not last long!
  • Listed by: Scott Armstrong 317.432.1544 armstrongrebrokerage@gmail.com • Armstrong Real Estate Brokerag
Listing closed: 12/03/2024 12:00 AM • Source: MIBORMLS, MLS#: 21978504

Recent comparable sales

Median sold price

$435,000

Avg days on market

56

Sale-to-list ratio

95.3%

Indianapolis, IN

9 comparable properties found

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1

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Square Feet
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Acres
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Square Feet
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Acres
$870,210 | 8834 Stonebriar Drive, Indianapolis, IN 46259
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$435,000 | 8225 South Franklin Road, Indianapolis, IN 46259
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$392,000 | 7158 Lakeland Trails Boulevard, Indianapolis, IN 46259
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$799,000 | 7260 Josiah Court, Indianapolis, IN 46259
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Acres
$620,000 | 8175 South Mitthoeffer Road, Indianapolis, IN 46259
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Sold 06/22/26

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Square Feet
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Acres

Location

Listing Courtesy of Armstrong Real Estate Brokerag

Sold By eXp Realty, LLC

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Property Information for 7220 South Franklin Road

Property Details
  • Taxes: $2,599 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Other
  • Subdivision Name: No Subdivision
  • Township: Franklin
Building Information
  • Year Built: 1875
  • Lot Size: 8.96 AC / 390,297 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46259
  • Postal Code Plus4: 9603
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491618121001000300
  • Semi Annual Property Tax Amt: 2599
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 4916181210010003000
School Information
  • School District: Franklin Township Com Sch Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 3.0
  • Garage SqFt: 988
Property
Lot Information
  • Acreage: 5-10 Acres
  • Lot Description: Not In Subdivision, Mature Trees
  • Lot Size Square Feet: 390385.0
  • Lot Size Acres: 8.96
  • Main Level SqFt: 1746
  • New Construction: False
  • Living SqFt: 1024.0
  • Sqft Total: 2770.0
  • Sq Ft Total: 3050.0
  • Year Built Numeric: 1875
  • Below Grade Finished Area: 36.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: 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)
  • Photos Count: 120
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: VA
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Exterior Features: Barn Storage
  • Foundation Details: Block
  • Horse Amenities: Barn
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, MicroHood, Gas Water Heater, Water Softener Owned
  • Basement Description: Cellar
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Formal Dining Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Built In Book Shelves, Vaulted Ceiling(s), Paddle Fan, Eat-in Kitchen
  • Levels: Two
  • Additional Equipment: Iron Filter, Smoke Alarm
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Living Room, Family Room, Kitchen, Dining Room, Office, Laundry
  • Room and Features: Primary Bedroom-Main-Laminate Hardwood, Bedroom 2-Upper-Carpet, Bedroom 3-Upper-Carpet, Bedroom 4-Upper-Carpet, Living Room-Main-Laminate Hardwood, Family Room-Main-Laminate Hardwood, Kitchen-Main-Laminate Hardwood, Dining Room-Main-Laminate Hardwood, Office-Upper-Carpet, Laundry-Main-Vinyl
  • Main Level Bedrooms: 1
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 10
  • Rooms Total MU: 10
  • Total Rooms: 10
Room 1
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Features: Laminate Hardwood
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Upper
  • Room Dimensions: 15x14
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 3
  • Room Level: Upper
  • Room Dimensions: 15x12
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 4
  • Room Level: Upper
  • Room Dimensions: 15x12
  • Room Features: Carpet
  • Room Type: Bedroom 4
Room 5
  • Room Level: Main
  • Room Dimensions: 15x15
  • Room Features: Laminate Hardwood
  • Room Type: Living Room
Room 6
  • Room Level: Main
  • Room Dimensions: 19x12
  • Room Features: Laminate Hardwood
  • Room Type: Family Room
Room 7
  • Room Level: Main
  • Room Dimensions: 19x13
  • Room Features: Laminate Hardwood
  • Room Type: Kitchen
Room 8
  • Room Level: Main
  • Room Dimensions: 15x15
  • Room Features: Laminate Hardwood
  • Room Type: Dining Room
Room 9
  • Room Level: Upper
  • Room Dimensions: 10x09
  • Room Features: Carpet
  • Room Type: Office
Room 10
  • Room Level: Main
  • Room Dimensions: 13x7
  • Room Features: Vinyl
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 3
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 7220 South Franklin Road

DateEvent & SourcePriceAppreciation
Dec 3, 2024

Sold

MIBORMLS #21978504

$995,000
Dec 2, 2024

Sold (Public Record)

Public Record #1548595826

$995,000

+22.6% / yr

Nov 1, 2024

Pending

MIBORMLS #21978504

DateEvent & SourcePrice
12/03/2024

Sold

MIBORMLS #21978504

$995,000
12/02/2024

Sold (Public Record)

Public Record #1548595826

$995,000

+22.6% / yr

11/01/2024

Pending

MIBORMLS #21978504

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

Public Records for 7220 South Franklin Road

Taxable ValueLand$74,700Additions$479,000Total$553,700
Tax Record2024$7,149 ($596 / month)
Home Facts
Beds5Baths1Total Finished SqFt2,770 SqFtAbove Grade Finished SqFt2,770 SqFtStories2Lot Size390,385 SqFtStyleSingle Family ResidenceYear Built1875Year Renovated2014CountyMARIONAPN49-16-18-121-001.000-300

Schools near 7220 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
South Creek Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

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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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 Armstrong Real Estate Brokerag

Based on information submitted to the MLS GRID as of 12/05/2024 09:30 AM. 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.