
Land with Home for Sale in Franklin, Indiana
4866 E 500 S, Franklin, IN 46131
Not just a home, but a retreat-tucked deep down a private gravel road with no through traffic, this 11.66-acre property offers peace, privacy, and a lifestyle where modern comfort meets the beauty of nature. Surrounded by wooded acreage rich with deer, turkey, and other wildlife, it's perfect for those who value seclusion and space to explore. A peaceful creek winds through the land, while trails meander through the woods-ideal for quiet walks, wildlife watching, or simply enjoying the stillness. With room to roam, space for animals, and endless outdoor opportunities, this property delivers a rare balance of natural beauty and modern living. The fully remodeled 5-bedroom, 5-bath home offers over 4,800 square feet of thoughtfully designed living space. The primary suite features a private sitting room, two large walk-in closets plus an additional closet, and a spa-like bath with custom tile shower, freestanding soaking tub, double vanity, and bidet. Four additional bedrooms and two fully remodeled baths complete the upper level. The main floor includes an open-concept layout with a dream kitchen boasting a 10' x 3.6' island with butcher block and vegetable sink, farm sink, walk-in pantry, stainless steel appliances, touchless faucets, and designer lighting. Hardwood and luxury vinyl plank flooring extend throughout. Additional amenities include a finished side-load 3-car garage, three 50-gallon water heaters, dual 200-amp panels, and high-speed fiber internet. The 46x12 deck is ideal for entertaining, while the walk-out basement offers a large family room, remodeled half-bath with plumbing for a full bath, and two flexible rooms for a home office, gym, or creative space. Freshly drywalled and painted, the basement adds versatility. An energy-efficient geothermal system installed in 2020 completes this exceptional property. This one-of-a-kind retreat blends privacy, natural beauty, and modern comfort-don't miss your chance to experience it.
Location
- Street address
- 4866 E 500 S
- County
- Johnson County
- Community
- Johnson - Blue River
- School district
- Edinburgh Community School Corp
- Elevation
- 730 feet
Property details
- Acreage
- 11.66 acres
- MLS #
- MIBOR 22049683
- Posted
Parcels
- 411207044008000004
Legal description
W SW S8 T11 R5 PT Tract 10, NW NW S/7 T11 R5 PT Tract 10, E SE ST T11 R5 PT Tract 10
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Garage
- Structures
- Packing Shed, Shed(s), Storage
- Features
- Storage Shed
Structure
- Style
- New Traditional
- Heating
- Geothermal
- Cooling
- Central Air
- Materials
- Vinyl Siding
Interior
- Room Count
- 15
- Rooms
- Basement, Bathroom x 5, Bedroom x 5, Bonus Room, Dining Room, Family Room, Great Room, Kitchen, Laundry, Living Room
- Appliances
- Cooktop, Dishwasher, Double Oven, Electric Cooktop, Range, Refrigerator, Softener Water, Washer
- Features
- Attic Access, Eat-In Kitchen, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, High Ceilings, Paddle Fan, Pantry, Walk-In Closet(s), Wood Work Painted
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| East Side Elementary School | Elementary | Edinburgh Community School Corp | — |
| Edinburgh Comm Middle School | Middle | Edinburgh Community School Corp | — |
| Edinburgh Community High School | High | Edinburgh Community School Corp | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 11, 2025 | Price drop | $760,000 | $14,900 -1.9% | MIBOR |
| Sept 26, 2025 | Price drop | $774,900 | $25,000 -3.1% | MIBOR |
| July 30, 2025 | New listing | $799,900 | — | MIBOR |

























































