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(SOLD) $520,000

8530 S Franklin Road Indianapolis, IN  46259

  • 4 Beds
  • 3 Baths
  • 3,681 sq. Ft

Property Description for 8530 S Franklin Road Indianapolis, IN 46259

Welcome to your dream home, with this 2-story, 4 bedrooms, 2.5 baths, with 2-car garage on 5.3 acres. Step inside to discover a beautifully updated kitchen featuring a large island, double ovens, ample cabinets, and expansive counter space, perfect for culinary enthusiasts and entertaining guests. Enjoy the convenience of a large laundry room off the kitchen and marvel at the primary bedroom's balcony and handy laundry chute. Enjoy the comfort of a large 4-seasons room, ideal for relaxation and soaking in nature's beauty, which this property has plenty, being registered with Homegrown National Park. The basement is complete with tandem sumps, offering endless possibilities for recreation or storage. Venture outdoors and be enchanted by the serene 5.36 acres featuring a lg 24x20 barn with loft, providing additional storage or workspace. Unwind by the firepit nestled in the woods at rear of the property, creating cherished moments. This remarkable home offers a perfect blend of countryside tranquility while living in the city limits with No HOA. Open House March 2, 12-2PM

Address:8530 S Franklin Road Indianapolis IN 46259
Status:Sold
Sold On: 5/24/2024
Price:$550,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:3,681
Year Built:1975
Lot Size:5.36
County: Marion
Township: Franklin
MLS #:21964745
Property Type:Single Family Residence

Lot Dimensions:233394
Lot Features:Not In Subdivision, Mature Trees
Water Source:Private Well
Directions:Southport Road to Franklin road, turn right. Stay on Franklin Road heading south, house is on the right side.
Main Level Sq. Ft. :1,694
Upper Level Sq. Ft. :1,042
Total Sq. Ft. :3,681
Basement:Yes

Loan Price
$3,322
Price And Interest $2,713/month
Property Tax $392/month
MTG INS $0/month
HOME INS $217/month
Price
$520,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$392/month
Home Owner Insurance
$2,604 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15x12 Upper
Living Room 19x12 Main
Kitchen 22x12 Main
11x10 Main
Family Room 23x12 Main
Bedroom 2 11x10 Upper
Bedroom 3 12x10 Upper
Bedroom 4 15x11 Upper
Sitting Room 21x18 Main

Semi-Annual Property Tax:$2,350
Tax Year:2023
Mandatory HOA Fee:$

Area: 4906 - Marion - Franklin
Subdivision: No Subdivision
Zip Code:46259

Total Sq. Ft.:3,681
Interior Features:Vaulted Ceiling(s), Center Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat
Interior Area(s):Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Electric Water Heater, Disposal, Kitchen Exhaust, Microwave, Oven, Electric Oven, Refrigerator, Water Heater, Water Purifier, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump Dual
Exterior Features:Barn Pole, Out Building With Utilities, Outdoor Fire Pit
Exterior Type:Cultured Stone, Stucco
Fireplace(s):Family Room
Cool:Central Electric
Heat:Heat Pump
Water Heater:Dishwasher, Electric Water Heater, Disposal, Kitchen Exhaust, Microwave, Oven, Electric Oven, Refrigerator, Water Heater, Water Purifier, Water Softener Owned
Total Rooms:9
Heather Clouse, REALTOR®/Broker, F. C. Tucker Company
Heather Clouse
Phone (317) 954-5328
Additional Phone (317) 888-3311
F.C. Tucker Company

Listing provided courtesy of Heather Clouse with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/23/2024 12:00 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.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 2024 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.