$364,995
NEW CONSTRUCTION

1188 Pegasus Dr Franklin, IN 46131

Franklin Area

Estimated payment $2,331/month

5 Beds
3 Baths
2,631 Sq Ft
$139 Price per Sq Ft

Highlights

  • New Construction
  • High Ceiling
  • 2 Car Attached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

Photos are of the same floor plan; finishes and features may vary. Projected for completion in early October 2026, this thoughtfully designed Palmetto plan by Arbor Homes in Bluffs at Young's Creek offers a spacious two-story layout with the peace of mind of new construction, a builder warranty, and truly turnkey living. This home features an inviting open-concept main level that seamlessly connects the kitchen, cafe, and great room, creating a comfortable space for everyday living and entertaining. A welcoming front porch and desirable Elevation B design add to the home's curb appeal, while a main-level guest suite with a full bath provides flexibility for visitors or multigenerational living. Upstairs, the private primary bedroom suite offers a relaxing retreat with a spacious en-suite bath and generous walk-in closets. Additional bedrooms, each with convenient walk-in closet access, and a versatile loft provide flexible space for a home office, media room, play area, or hobbies. A centrally located laundry room adds everyday convenience, while the rear patio extends the living space outdoors for relaxing or entertaining. Tucked away in a peaceful setting yet just minutes from Franklin's popular dining and shopping destinations, Bluffs at Young's Creek offers the perfect blend of convenience and a relaxed, country-like atmosphere. Enjoy nearby parks, seasonal farmers markets, local events, and opportunities for outdoor recreation, all while remaining close to a wide variety of restaurants, retail options, and everyday amenities. Experience the best of modern living with small-town charm. Learn more today!

Listing Agent

Britanny Deal

Ridgeline Realty, LLC Brokerage Email: britanny.deal@yourarborhome.com License #RB20000276 Listed on: 08/04/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 2026 | New Construction

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Schools

  • Creekside Elementary School
  • Franklin Community Middle School
  • Custer Baker Intermediate School
  • Franklin Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 8,750 Sq Ft Lot

Community Details

  • Association fees include maintenance
  • Bluffs At Young's Creek Subdivision

Listing and Financial Details

  • Tax Lot 298
  • Assessor Parcel Number 410822034027000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,650

Year Built

Built in 2026 | New Construction

Lot Details

8,750 Sq Ft Lot

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Builder Name: Arbor Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2025
  • Year Built: 2026
  • Building Area Total: 2631
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Bluffs At Young'S Creek
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: britanny.deal@yourarborhome.com
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Gas Oven
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Attic Access, Bath Sinks Double Main, High Ceilings, Kitchen Island, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 2631
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Eating Area: Breakfast Room,Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1148
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1483
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Vinyl Plank
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Private Y N: No
  • Waterfront: No
  • Construction Stage: Foundation In

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Connections All, Laundry Room, Upper Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Maintenance, Pond Year Round
  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Association YN: Yes

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance

Schools

  • Middle Or Junior School: Franklin Community Middle School
  • MBR_IntermediateSchool: Custer Baker Intermediate School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8750
  • Parcel Number: 410822034027000009
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3650
  • Tax Lot: 298
  • Semi Annual Property Tax Amt: 1825

MLS Schools

  • Elementary School: Creekside Elementary School
  • High School: Franklin Community High School

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2026 08/04/26 For Sale $364,995 -- $139 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22117925

MIBOR Broker Listing Cooperative®
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