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Land with Home for Sale in Franklin, Indiana

1022 E 600 S, Franklin, IN 46131

$420,000
1.7 acres
Active sale
$5k drop
Est $2,410/mo

Own a remarkable piece of Johnson County history! Originally known as Pendelton School No. 6, this one-of-a-kind converted schoolhouse offers timeless character, modern updates, and endless possibilities on 1.71 picturesque acres. The 4BR, 2BA main home showcases stunning original hardwood floors, gorgeous woodwork, crown moulding, soaring ceilings, exposed brick, and walls built with over a foot of solid brick for exceptional durability and insulation. The spacious former schoolroom now serves as an incredible great room featuring a gas fireplace capable of heating the entire home if desired, topped by a handcrafted mantle made from hand-hewn timber found on the property. Plumbing and electrical have been thoughtfully updated over the years, and the roof is only 2 years old. Outside, the property is perfectly suited for horse lovers, hobby farmers, or those seeking a peaceful country lifestyle just minutes from modern conveniences. The detached garage/pole barn accommodates 2 vehicles and includes 2 horse stalls, a tack room, and a studio efficiency apartment above with its own separate electric meter-ideal for guests, rental income, or an Airbnb. The fenced pasture includes split-rail fencing with an electric security fence already installed, plus a chicken coop to complete your mini-farm dream. Located just up the road from Hoosier Horse Park Equestrian Center and Johnson County Fairgrounds, this extraordinary property offers the rare opportunity to own a historic landmark with room for horses, hobbies, and memories. As an added bonus, most furniture and decor can remain with the home, allowing the next owner to preserve its incredible charm or begin enjoying it immediately. Historic, functional, and truly unforgettable-properties like this rarely come along.

2,236
Sq feet
4
Beds
2
Full baths
1930
Built

Location

Street address
1022 E 600 S
Zip code
46131
School district
Franklin Community School Corp
Elevation
815 feet
Coordinates
39.3886, -86.0848

Property details

Acreage
1.71 acres74,488 sq ft
MLS #
MIBOR 22116127
Posted

Parcels

  • 411115033005000020

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Corner Lot, Mature Trees, Not in Subdivision, Rural-Not Subdivision, Trees-Small ( Under 20 Ft)

Exterior

Fencing
Fenced
Pool
Deck, Porch
Structures
Guest House, Outbuilding
Features
Barn Pole, Carriage/Guest House, Rain Barrel/Cistern(s)

Structure

Stories
2
Basement
Exterior Entry, Partial
Water
Public
Heating
Forced Air, Natural Gas, Propane
Cooling
Central Air
Materials
Brick, Vinyl With Brick

Interior

Room Count
8
Rooms
Basement, Bathroom x 2, Bedroom x 4
Fireplaces
Yes
Appliances
Dryer, Electric Cooktop, Electric Water Heater, Exhaust Fan, Microwave, Oven, Range Hood, Refrigerator, Washer
Features
Attic Access, Hardwood Floors, Hi-Speed Internet Availbl, High Ceilings, In-Law Arrangement, Paddle Fan, Walk-In Closet(s), Wood Work Stained

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Aug 14, 2026Price drop$420,000$5,000 -1.2%MIBOR
Aug 3, 2026Price drop$425,000$14,900 -3.4%MIBOR
July 7, 2026Price drop$439,900$10,000 -2.2%MIBOR
May 29, 2026Price drop$449,900$50,000 -10%MIBOR
May 13, 2026Price drop$499,900$25,100 -4.8%MIBOR
Apr 30, 2026Price drop$525,000$24,000 -4.4%MIBOR
Mar 25, 2026Price drop$549,000$26,000 -4.5%MIBOR
Mar 17, 2026New listing$575,000MIBOR
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This 1.71-acre property is located at 1022 E 600 S in Franklin, IN 46131. The property is available for sale, priced at $420,000. It has a 2,236 square foot 4-bedroom, 2-bath house built in 1930.

Listed by eXp Realty, (812) 734-6048

Checked 2 hours agoUpdated Source

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