Active

Price cut: $5K (5/20)

$235,000

5342 S Franklin Rd, Indianapolis, IN 46239

3beds

1,187sqft

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Residential, Single Family Residence

Built in 1959

0.55 Acres Lot

$-- Zestimate^®

$198/sqft

$-- HOA

What's special

Well-designed layoutJust over a half-acreFresh paint throughoutBrand new flooring

Welcome to this beautiful 3-bedroom, 2-bath home in the heart of Franklin Township! This move-in-ready property features brand new flooring and fresh paint throughout, spacious living areas, and a well-designed layout perfect for everyday living. Sitting on just over a half-acre, the large yard offers plenty of room to enjoy the outdoors, while the 2-car detached garage provides ample parking and storage. Conveniently located near schools, shopping, and dining, this home combines comfort, space, and location all in one.

265 days

2,425

216

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 148.5 Square Feet
Dimensions: 13.5x11

Bedroom 2

Level: Main
Area: 115.5 Square Feet
Dimensions: 11x10.5

Bedroom 3

Level: Main
Area: 99 Square Feet
Dimensions: 11x9

Dining room

Level: Main
Area: 97.75 Square Feet
Dimensions: 11.5x8.5

Kitchen

Level: Main
Area: 110.5 Square Feet
Dimensions: 13x8.5

Laundry

Level: Main
Area: 51 Square Feet
Dimensions: 6x8.5

Living room

Level: Main
Area: 209 Square Feet
Dimensions: 19x11

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
Laundry: Laundry Room

Features

Attic Access, Breakfast Bar, High Speed Internet
Has basement: No
Attic: Access Only
Number of fireplaces: 1
Fireplace features: Insert

Interior area

Total structure area: 1,187
Total interior livable area: 1,187 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered

Lot

Size: 0.55 Acres

Details

Parcel number: 491606109014000300
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Brick
Foundation: Slab

Condition

Updated/Remodeled
New construction: No
Year built: 1959

Utilities & green energy

Water: Private

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $189,200
Annual tax amount: $1,780
Date on market: 9/26/2025
Cumulative days on market: 134 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/20/2026	Price change	$235,000-2.1%$198/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
4/23/2026	Price change	$240,000-2%$202/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
3/27/2026	Pending sale	$245,000$206/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
3/23/2026	Listed for sale	$245,000$206/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
3/10/2026	Pending sale	$245,000$206/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
3/5/2026	Price change	$245,000-2%$206/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
2/5/2026	Listed for sale	$250,000$211/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
11/8/2025	Pending sale	$250,000$211/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
10/29/2025	Price change	$250,000-3.8%$211/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
9/26/2025	Listed for sale	$260,000+191.3%$219/sqft
Source: MIBOR as distributed by MLS GRID #22064802 Report a problem
12/7/2006	Sold	$89,250$75/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,781 +9%	$189,200 +6.2%
2024	$1,634 0%	$178,100 +9.1%
2023	$1,635 +13.3%	$163,300
2022	$1,443 +7%	$163,300 +13.3%
2021	$1,348 +29%	$144,100 +7.1%
2020	$1,045 +6.9%	$134,600 +29.1%
2019	$978 -3.4%	$104,300 +3.8%
2018	$1,012 -7.8%	$100,500 +1.3%
2017	$1,097 +14.3%	$99,200 +1.5%
2016	$960 -3.8%	$97,700 +2.2%
2014	$998 +1.8%	$95,600 +0.8%
2013	$980	$94,800 +1.3%
2012	$980	$93,600 -1.9%
2011	--	$95,400
2010	$954 +0.9%	$95,400
2009	$945	$95,400 -3.9%
2007	--	$99,300 +16.4%
2003	--	$85,300 +121.6%
2002	--	$38,500 +200.1%
2000	--	$12,830

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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