1250 Park Avenue Franklin IN 46131 (House For Sale) | MLS 22090735
Frequently Asked Questions
Are house prices dropping in Franklin?
The house prices in Franklin are indeed dropping at the moment. There has been a decrease in price of $5,981.98. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Franklin at this time?
The housing market and house prices in Franklin are going down. The average house price is $359,900.00 and the average price per square feet is $164.94 per square foot. At the moment, there are 687 homes listed - 93 active, 56 pending, and 538 sold in Franklin.
What is the most popular place to buy a house in Franklin?
The most popular place to buy a home in Franklin is 4105 - Johnson - Franklin. 4105 - Johnson - Franklin has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Franklin?
The average amount of property taxes you would have to pay for a home in Franklin is $2,693.74. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Franklin being sold?
Properties in Franklin stay on the market for an average of 87 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Franklin?
The last home listed in Franklin was 1192 minutes ago.
Can you visit houses in Franklin?
Currently, there are 1 open houses available for viewing in Franklin.
What is the most expensive house in Franklin?
The cost of the most expensive home in Franklin is $1,079,995.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Franklin?
The cost of the cheapest home in Franklin is $175,000.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Franklin?
The oldest home in Franklin was built in 1800, and the newest in 2026.
How big are the homes in Franklin?
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The average property size in Franklin is 2495.96 sq.ft., the largest being 9740 sq.ft., and the smallest being 861 sq.ft.
Additional Details
Property Details
Lot Dimensions:
124146
Lot Features:
Not In Subdivision, On Trail, Mature Trees
Water Source:
Private
Main Level Sq. Ft.:
4, 712
Upper Level Sq. Ft.:
3, 066
Total Sq. Ft.:
9, 740
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Attic Stairway, Built In Features, High Ceilings, Hardwood Floors, Paddle Fan, Entrance Foyer, Pantry
Appliances
Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, Double Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
Cool
None
Water Heater
Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, Double Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
Heat
Forced Air, Hot Water, Radiant, Electric, Natural Gas
Total Rooms
13 Rooms
Schools
High School:
Franklin Community High School
Middle School:
Franklin Community Middle School
Tax and Financial Info
Semi-Annual Property Tax:
$4, 514
Tax Year:
2025
Other Disclosures:
As Is, In Foreclosure
Quick View
Address:
1250 Park Avenue Franklin IN 46131
Status:
Active
On Site:
101 Days On Site
Price:
$655, 000
Bedrooms:
6 Beds
Bathrooms:
4 Full Baths, 1 Half Baths
Sq. Feet:
9, 740
Year Built:
1930
Lot Size:
2.85
County:
Johnson
Township:
Needham
MLS #:
22090735
Property Type:
Single Family Residence
Exterior Type
Brick, Cedar
Community Information
Description
Nestled in one of Franklin's most prestigious neighborhoods and situated on 2.85 acres, this remarkable historic estate is waiting for its next chapter to be written. This is your chance to own a piece of Franklin and Indiana history. Endless potential for restoration to bring it back to its original beauty and customization. Located just behind Franklin College and within walking distance to vibrant downtown Franklin, the setting combines historic charm with convenience to local shops, restaurants, parks, and community events. Featuring six bedrooms and five and a half baths, the property was designed with both entertaining and everyday living in mind. Large living spaces, original architectural character, and the scale of the home create a rare opportunity for someone looking to restore a truly special property. Renovations were previously started but left unfinished, allowing the next owner to complete the home with their own vision, finishes, and design style. Outside, the estate continues to impress with a massive in-ground pool, detached four-car garage, separate apartment space above the garage, and an additional detached office building with extra rooms that could serve a variety of future uses. Whether you envision guest quarters, studio space, multigenerational living, private offices, or additional entertaining areas, the possibilities are extensive. While the property does require updates and repairs, the combination of acreage, location, history, and amenities make this an exceptional opportunity that is increasingly hard to find. Mature trees, expansive outdoor space, and the grandeur of the estate create a setting that simply cannot be replicated. Upon completion, this property has the potential to become one of Franklin's true showcase homes, blending historic elegance, luxury, and modern living in one of the city's most desirable locations.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22090735
Listing provided courtesy of Cindy Stockhaus 317-349-5900 with Better Homes and Gardens Real Estate Gold Key
Last Updated: 6/26/2026 | 8:31 PM
Home Details
Status: Active
Price: $655,000
Address: 1250 Park Avenue, Franklin, IN 46131
Bedrooms: 6
Bathrooms: 5
Square Feet: 9,740
101 days on Site
Property Type: Residential
Built in 1930
101 days on Site
2.85 Lot Size
Cooling: None
Heating: Forced Air, Hot Water, Radiant, Electric, Natural Gas
Nestled in one of Franklin's most prestigious neighborhoods and situated on 2.85 acres, this remarkable historic estate is waiting for its next chapter to be written. This is your chance to own a piece of Franklin and Indiana history. Endless potential for restoration to bring it back to its original beauty and customization. Located just...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22090735
Listing provided courtesy of Cindy Stockhaus 317-349-5900 with Better Homes and Gardens Real Estate Gold Key
Franklin offers a welcoming environment with abundant green spaces like Scott Park, providing peaceful settings throughout the area. The neighborhood features a pleasant, quieter atmosphere characterized by low traffic noise. Most residences consist of charming single detached homes with two or three bedrooms, complemented by smaller apartment buildings. Education is well-supported with convenient access to public and private elementary schools nearby. Essential services such as pharmacies and some dining options are available close by, ensuring day-to-day needs are accessible. Parking is generally easy to find, enhancing convenience for vehicle users. This community presents a balanced, comfortable place to settle.
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