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Land with Home for Sale in Franklin, Indiana

Johnson County, Franklin, IN 46131

$499,990
3 acres
Active sale
$75k drop
Est $2,870/mo

Seller is unable to complete his late wife's dream home and is sharing this rare opportunity for those who have the capability, know how and vision to finish for their own dream! Upon entering is the grand foyer where you come to the formal living room; a flex space separates it from the formal dining room. This sprawling ranch has two wings: the East wing holds 4 bedrooms: the master suite with a 7'x20' his and her walk in closet, 2 bedrooms that share a jack & jill bathroom, the 4th bedroom, laundry room and a hall full bath. Off the flex space is the West wing where you'll find the kitchen with a separate 07'x14' pantry, the great room with a raised hearth, gas log fireplace and the office/5th bedroom where the possibilities are many: gamers room, hobby space or an IN LAWS quarters! The 3 acre parcel is ideal for raising a couple of horses, adding a riding ring with a barn! Square footage is per homeowner.

4,900
Sq feet
5
Beds
3
Full baths
1
1/2 bath
1998
Built

Location

Zip code
46131
School district
Edinburgh Community School Corp
Elevation
748 feet
Coordinates
39.4109, -86.0175

Property details

Acreage
3 acres
MLS #
MIBOR 22098775
Posted

Parcels

  • 411207042021000004

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Lot

Features
Mature Trees, Not in Subdivision, Rural-Not Subdivision

Structure

Style
Ranch
Stories
1
Water
Private
Heating
Electric
Cooling
Central Air

Interior

Room Count
12
Rooms
Bathroom x 4, Bedroom x 5
Fireplaces
Yes
Appliances
Electric Oven, Gas Water Heater, Refrigerator
Features
Attic Access, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Pantry, Walk-In Closet(s)

Nearby schools

NameTypeDistrict
East Side Elementary SchoolElementaryEdinburgh Community School Corp
Edinburgh Comm Middle SchoolMiddleEdinburgh Community School Corp
Edinburgh Community High SchoolHighEdinburgh Community School Corp

Listing history

DateEventPriceChangeSource
June 16, 2026Price drop$499,990$75,010 -13%MIBOR
June 10, 2026Price increase$575,000$75,010 15%MIBOR
June 7, 2026Price drop$499,990$75,010 -13%MIBOR
May 2, 2026New listing$575,000MIBOR
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This 3-acre property is located in Franklin, IN 46131. The property is available for sale, priced at $499,990. It has a 4,900 square foot 5-bedroom, 3.5-bath house built in 1998.

Listed by Maximum Results Real Estate, (812) 593-5638

Checked 1 hour agoUpdated Source

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