7220 South Franklin Road

Indianapolis, IN 46259

$1,295,000
Price
4
Beds
3
Baths
3,050 Sq. Ft.
$425 / Sq. Ft.
3,050
Sq. Ft.
$425
per Sq. Ft.

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. Zoned DA with event center...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!
  1. Listed by Scott Armstrong • Armstrong Real Estate Brokerag • armstrongrebrokerage@gmail.com

Property Details for 7220 South Franklin Road

Architectural Style
Other
Subdivision Name
No Subdivision
Township
Franklin

Location

Listing Courtesy of Armstrong Real Estate Brokerag
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LISTING UPDATED: 05/09/2024 06:49 PM

Property Details for 7220 South Franklin Road

StatusActive
MLS #21978504
Days on Market15
Taxes$2,599 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1875
Lot Size8.96 AC / 390,297 SF
CountyMarion County

Location

Listing Courtesy of Armstrong Real Estate Brokerag
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Building Information for 7220 South Franklin Road

Stories-Year Built1875Building Size-Lot Size8.96 AC / 390,297 SF

Payment Calculator

$7,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,067

Property Taxes

$433

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7220 South Franklin Road

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
  • 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: 119
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
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
  • 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, 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
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
DateEvent & SourcePrice

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

Public Records for 7220 South Franklin Road

Taxable ValueLand$72,100Additions$467,700Total$539,800
Tax Record2023$11,278 ($940 / 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 - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
South Creek Elementary School
PublicPK to 5

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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7220 South Franklin Road is a single family home for sale in Indianapolis, IN 46259. This property was listed for sale on May 9, 2024 by Armstrong Real Estate Brokerag, it's currently listed at $1,295,000. It has been on the market for a total of 15 days and was last sold on May 10, 2022. This listing's school district is Franklin Township Com Sch Corp. Nearby schools include South Creek Elementary School, Franklin Central Junior High and Franklin Central High School. 7220 South Franklin Road is a 4-bed, 3-bath, 3,050 sqft single family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Armstrong Real Estate Brokerag

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.