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Indianapolis, IN, 46226 • 46226 • Marion County
$92/sqft
Down payment assistance available
3Beds
2Baths
1,248Sqft
1974Built
Traditional Style
Built 1974 · 52 years of history
Franklin Trail Estates
Pool
1d on Market
Listed Apr 7, 2026
$365/mo HOA
Pool
Popular listing
Listed 1 day ago · 166 views · 13 saves
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1 day on market
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$92/sqft
Price per square foot
Condo · Built 1974
This owner-occupied fixer-upper in the heart of Franklin Trails Estates, has an FHA assumable mortgage with a rate of 3.25%. At list price, a 3.25% vs 6.25% rate is a principal & interest savings of about $200/mo! The website WithRoam is a site that works with buyers to help purchase through the assumption process. This three-bedroom, two-bathroom condo spans 1,248 square feet and features a convenient main floor master bedroom with an adjoined bathroom. With some work, this can be an excellent opportunity for an owner-occupant to make cosmetic updates and get equity right away! Full HVAC was replaced in 2023, so no need to worry about mechanicals! The previously updated kitchen and baths just need a little TLC to get them back to "show" status! The large fenced-in patio offers excellent privacy! It's the perfect place for relaxation and gatherings. Thanks to the HOA, the majority of the back fence is new too. The charming front courtyard welcomes visitors to the main front door. The dedicated carport spot is convenient and allows a short walk up through the private gated access into your patio and home. With low-maintenance living and access to a community pool out your back door, your summers will be fabulous! And with all the Fort Harrison State Park amenities just around the corner, this home is an appealing choice for those nature lovers and adventure seekers looking to start their own home ownership adventure!
Based on current rates
Est. 6.75% rate · 30yr fixed · $91,600 loan
Full calculator →Key facts and listing details
6 categories of property features
6 rooms detailed
Master Bedroom
MainBedroom2
UpperBedroom3
UpperDining Room
MainKitchen
MainLiving Room
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46226
20 events
16 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-08 14:03:18 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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