492 Pelenor Drive Franklin IN 46131 (House For Sale) | MLS 22074628
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 1475 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?
Back
Back to Search
See all Images
See all Images
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:
11892
Lot Features:
Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees Small (Under 20 Ft)
Water Source:
Public
Main Level Sq. Ft.:
1, 549
Upper Level Sq. Ft.:
2, 171
Total Sq. Ft.:
3, 720
Directions:
GPS Friendly
Interior Features
Attic Access, Elevator, Paddle Fan, Hardwood Floors, Hi Speed Internet Availbl, Pantry, Supplemental Storage, Walk In Closet(S), Wood Work Stained
Appliances
Dishwasher, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator, Other
Cool
Central Air
Water Heater
Dishwasher, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator, Other
Heat
Forced Air, Electric
Total Rooms
14 Rooms
Schools
High School:
Franklin Community High School
Middle School:
Franklin Community Middle School
Tax and Financial Info
Semi-Annual Property Tax:
$1, 573
Tax Year:
2025
Quick View
Address:
492 Pelenor Drive Franklin IN 46131
Status:
Active
On Site:
222 Days On Site
Price:
$409, 900
Bedrooms:
6 Beds
Bathrooms:
3 Full Baths, 1 Half Baths
Sq. Feet:
3, 720
Year Built:
1977
Lot Size:
0.27
County:
Johnson
Township:
Franklin
MLS #:
22074628
Property Type:
Single Family Residence
Exterior Type
Vinyl With Brick, Brick
Community Information
Description
If you've been searching for a home that truly has space for everyone-and the flexibility to support the people who matter most-this is the one. Located in the desirable Camelot neighborhood in Franklin with no HOA, this expansive 6-bedroom, 3.5-bath home offers more than 3,600 square feet of thoughtfully designed living space. Whether you're caring for a parent, welcoming extended family, creating a private guest suite, or simply need room for everyone to spread out, this home adapts beautifully to your lifestyle. One of the home's most unique and valuable features is the in-home elevator, providing convenient access between levels and helping remove the challenges that stairs can present for family members of all ages. Combined with a step-in shower and thoughtfully placed grab bars, this home offers comfort, convenience, and peace of mind for those seeking long-term livability without sacrificing style or independence. Outside, you'll find your own private retreat. The in-ground pool is open and ready for the season, creating the perfect setting for summer gatherings, family celebrations, and making memories with those you love. The fully fenced backyard provides plenty of space to relax, play, and entertain. For those needing even more functionality, the property also features dedicated RV parking with electrical hookup and cleanout station-ideal for travel enthusiasts, visiting guests, or additional storage needs. Homes that combine this level of space, flexibility, and unique features are exceptionally rare. If you're looking for a home where multiple generations can comfortably live, gather, and thrive together, this property may be exactly what you've been waiting for.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22074628
Listing provided courtesy of Kimberlee Peters 317-440-1400 with Kimberlee Peters
If you've been searching for a home that truly has space for everyone-and the flexibility to support the people who matter most-this is the one. Located in the desirable Camelot neighborhood in Franklin with no HOA, this expansive 6-bedroom, 3.5-bath home offers more than 3,600 square feet of thoughtfully designed living space. Whether...
Show More
Source: MIBOR as distributed by MLS GRID, MLS ID: 22074628
Listing provided courtesy of Kimberlee Peters 317-440-1400 with Kimberlee Peters
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.
Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.
/-86.079944,39.486328,13/640x350?access_token=pk.eyJ1IjoiZGFuaWVsLXdpbGxpYW1zIiwiYSI6ImNqemloN3B0OTE2cTMzYmxrY2drejZuc2gifQ.tPkNxe5WIfPzTN6FHnmPqQ&width=1920){kind=icon}
See all Images
