Discover nearly 7.7 acres of opportunity in the heart of Franklin Township, just steps from Franklin Township Middle School and minutes from new and established neighborhoods alike in a booming growth corridor. This rectangular parcel offers the perfect blend of open frontage and natural beauty: - Prime northern section with road access, level ground, and utilities nearby; ideal for your future home, farm, or development project! - Picturesque southern acreage featuring Wildcat Creek, mature trees, and rolling terrain, creating a natural retreat and built-in privacy buffer. - The property includes several functional outbuildings, including a concrete block garage and two lean-to style barns that are ready for storage, workshop use, or animals. With its current agricultural zoning and placement in the township's moderate-density growth area, this land holds value both today and for the future. Whether you're seeking an investment in development, private homestead site, a mini-farm, or an investment with long-term development potential, this acreage checks all the boxes. Highlights: - ~7.69 acres (~7.54 taxable) - 237 ft of frontage on Indian Creek Rd S - Across from Franklin Township Middle School - Open fields + wooded creek corridor - Outbuildings for storage or farm use - Convenient access to schools, neighborhoods, and city amenities
354 days
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209
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5
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Zillow last checked:
Listing updated:
Listed by:
Jhirmal Singh317-702-8049,
Midland Realty Group, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 22060835
Facts & features
Property
Features
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Lot
Size: 7.69 Acres
Features: Mature Trees, Rectangle, Small Trees, Suburban, Water Acces, Water View
Topography: Varied
Details
Additional structures: Equipment Shed
Parcel number: 491609112002000300
Zoning: Residential
Zoning description: Agricultur,Planned Development,Single Family
Horse amenities: None
Utilities & green energy
Water: Municipal Water Near By
Community & HOA
Community
Subdivision: Franklin
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $34,100
Annual tax amount: $770
Date on market: 9/4/2025
Cumulative days on market: 356 days
Road surface type: Asphalt, Gravel
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
9/4/2025
Listed for sale
$499,999+51.5%
Source: MIBOR as distributed by MLS GRID #22060835Report a problem
1/29/2024
Sold
$330,000-5.7%
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
1/3/2024
Pending sale
$349,900
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
7/11/2023
Listed for sale
$349,900-6.7%
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
7/1/2023
Listing removed
--
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
9/28/2022
Price change
$375,000-3.8%
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
7/1/2022
Listed for sale
$390,000
Source: MIBOR as distributed by MLS GRID #21867147Report a problem
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.