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!
Sold
$995,000
7220 S Franklin Rd, Indianapolis, IN 46259
4beds
3,050sqft
Residential, Single Family Residence
Built in 1875
8.96 Acres Lot
$984,800 Zestimate®
$326/sqft
$3,185 Estimated rent
Home value
$984,800
$906,000 - $1.07M
$3,185/mo
Zestimate® history
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$5,003/mo
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Zillow last checked:
Listing updated:
Listed by:
Scott Armstrong 317-432-1544,
Armstrong Real Estate Brokerag
Bought with:
Jason Riley
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 21978504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Laminate Hardwood
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Features: Carpet
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Features: Carpet
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 4
- Features: Carpet
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Dining room
- Features: Laminate Hardwood
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Family room
- Features: Laminate Hardwood
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Kitchen
- Features: Laminate Hardwood
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Laundry
- Features: Vinyl
- Level: Main
- Area: 91 Square Feet
- Dimensions: 13x7
Living room
- Features: Laminate Hardwood
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Office
- Features: Carpet
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 10x09
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Electric Oven, Refrigerator, MicroHood, Gas Water Heater, Water Softener Owned
- Laundry: Main Level
Features
- Attic Access, Bookcases, Vaulted Ceiling(s), Ceiling Fan(s), Eat-in Kitchen
- Basement: Cellar
- Attic: Access Only
Interior area
- Total structure area: 3,050
- Total interior livable area: 3,050 sqft
- Finished area below ground: 36
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
Lot
- Size: 8.96 Acres
- Features: Not In Subdivision, Mature Trees
Details
- Additional structures: Barn Storage
- Parcel number: 491618121001000300
- Other equipment: Iron Filter
- Horse amenities: Barn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Water: Private Well
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $598,800
- Annual tax amount: $5,198
- Date on market: 5/9/2024
- Cumulative days on market: 152 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $995,000-0.4%$326/sqft |
Source:  MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 11/2/2024 | Pending sale | $999,000$328/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 10/21/2024 | Price change | $999,000-2.5%$328/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 10/9/2024 | Price change | $1,025,000-4.6%$336/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 9/25/2024 | Listed for sale | $1,074,500$352/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 8/9/2024 | Pending sale | $1,074,500$352/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 7/23/2024 | Price change | $1,074,500-2.3%$352/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 7/11/2024 | Price change | $1,099,500-4.3%$360/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 6/21/2024 | Price change | $1,149,500-3.8%$377/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 6/6/2024 | Price change | $1,195,000-7.7%$392/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 5/9/2024 | Listed for sale | $1,295,000+119.5%$425/sqft |
Source: MIBOR as distributed by MLS GRID #21978504 Report a problem | ||
| 5/10/2022 | Sold | $590,000-1.7%$193/sqft |
Source: MIBOR as distributed by MLS GRID #21847691 Report a problem | ||
| 4/9/2022 | Pending sale | $600,000$197/sqft |
Source: MIBOR as distributed by MLS GRID #21847691 Report a problem | ||
| 4/7/2022 | Listed for sale | $600,000-20%$197/sqft |
Source: MIBOR as distributed by MLS GRID #21847691 Report a problem | ||
| 6/18/2020 | Listing removed | $750,000$246/sqft |
Source: Hoosier, REALTORS� #21684225 Report a problem | ||
| 11/27/2019 | Price change | $750,000+167.9%$246/sqft |
Source: Hoosier, REALTORS� #21684225 Report a problem | ||
| 6/11/2019 | Listed for sale | $279,999-65%$92/sqft |
Source: Hoosier, REALTORS� #21644286 Report a problem | ||
| 1/1/2017 | Listing removed | $799,900$262/sqft |
Source: Benchmark Realty Group Indy LL #21432181 Report a problem | ||
| 8/31/2016 | Listed for sale | $799,900$262/sqft |
Source: MIBOR REALTOR Association #21432181 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,149 -36.6% | $598,800 +8.1% |
| 2024 | $11,278 +117% | $553,700 +2.6% |
| 2023 | $5,197 +12.5% | $539,800 +56.1% |
| 2022 | $4,621 +7% | $345,700 +15.3% |
| 2021 | $4,319 +10.2% | $299,800 +8.3% |
| 2020 | $3,919 +3.1% | $276,700 +11.2% |
| 2019 | $3,800 +2% | $248,900 +3.5% |
| 2018 | $3,726 -2.1% | $240,500 +3.2% |
| 2017 | $3,805 +9.6% | $233,000 +6.8% |
| 2016 | $3,472 +1.9% | $218,200 +4.4% |
| 2014 | $3,408 +162.8% | $209,100 +59.9% |
| 2013 | $1,297 | $130,800 +0.8% |
| 2012 | $1,297 | $129,700 -4.1% |
| 2011 | -- | $135,200 |
| 2010 | $1,352 0% | $135,200 |
| 2009 | $1,352 | $135,200 -4.3% |
| 2007 | -- | $141,300 -17.6% |
| 2006 | -- | $171,500 +42.7% |
| 2005 | -- | $120,200 |
| 2004 | -- | $120,200 |
| 2003 | -- | $120,200 +111.6% |
| 2002 | -- | $56,800 +199.9% |
| 2001 | -- | $18,940 |
| 2000 | -- | $18,940 |
Find assessor info on the county website
Neighborhood: South Franklin
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Nearby schools
GreatSchools rating
- 8/10South Creek Elementary SchoolGrades: K-3Distance: 0.6 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 2.2 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$984,800
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Estimated market value
$984,800
- Indiana
- Marion County
- Indianapolis
- 46259
- South Franklin
- 7220 S Franklin Rd
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