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Indianapolis, IN, 46237 • South Franklin • Marion County
$185/sqft
Down payment assistance available
3Beds
2Baths
1,408Sqft
0.63 acLot
1989Built
Waterfront Property
Pond, Water Access, Water View
Pond Views
Pond
Ranch Style
Built 1989 · 37 years of history
Southern Lakes Estate
South Franklin
Outdoor Living
Covered · Patio
1 Fireplace
Wood Burning
Storage
Storage
2-Car Garage
Attached
This home is in high demand
Listed 20 days ago · 2,248 views · 147 saves · Top 1% likely to sell soon
Demand and pricing signals for this listing
2,248 views
People checking out this listing
147 saves
Buyers have saved this home
20 days on market
Recently listed
$185/sqft
Price per square foot
This home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1989
Welcome to this beautifully maintained 3-bedroom, 2-bath ranch in desirable Franklin Township, where comfort, space, and peaceful views come together effortlessly. Set on an expansive .63-acre lot, one of the largest in the neighborhood, with a picturesque pond view, this property offers a rare opportunity to enjoy both privacy and open outdoor living. The home includes partial ownership of the pond, with the ability to build a dock for fishing or paddle boating, creating your own private retreat right in the backyard. Inside, you'll find a desirable split floor plan, thoughtfully designed to place the primary suite on one side of the home and the additional bedrooms on the other - offering privacy, quiet, and flexibility for guests, family members, or a home office. The interior also features updated flooring throughout, spacious walk-in closets, a cozy wood-burning fireplace, and updated bathroom vanities, all contributing to a warm and inviting atmosphere. With no HOA, you'll have the freedom to truly make this property your own. Recent upgrades add both value and peace of mind, including a brand-new roof, a full security system with exterior cameras and a Ring doorbell, and 13 newly planted arborvitae trees that will mature into a lush natural privacy screen. The oversized lot provides endless possibilities for outdoor entertaining, gardening, or simply enjoying the tranquil setting. Additional features include a large workbench in the garage - perfect for hobbies or projects - and a spacious storage shed to keep tools and equipment organized. Whether you're relaxing by the fire, taking in the pond views, or enjoying the wide-open backyard, this property offers a unique blend of serenity, functionality, and charm in a sought-after location. Don't miss the chance to make this special home your own.
Standout features identified
Our analysis highlights cozy wood-burning fireplace, desirable split floor plan, and relaxing by the fire as key attractions of this home.
Based on current rates
Est. 6.26% rate · 30yr fixed · $208,000 loan
Full calculator →Key facts and listing details
12 categories of property features
7 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainFamily Room
MainKitchen
MainLaundry
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46237
14 events
23 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-09 23:48:23 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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