$265,000
PENDING

1495 Michigan Rd Franklin, IN 46131

Estimated payment $1,657/month

Total Views 772
2 Beds
2 Baths
1,656 Sq Ft
$160 Price per Sq Ft

Highlights

  • Mature Trees
  • Corner Lot
  • Eat-In Country Kitchen
  • Vaulted Ceiling
  • Gazebo
  • 2 Car Attached Garage

About This Home

Welcome to this charming and newly refreshed 2-bedroom, 2-bath tri-level home set on a large corner lot in Franklin! This versatile home offers fantastic living spaces and thoughtful updates throughout. Step inside to a spacious and freshly painted interior featuring beautiful hard-surface flooring throughout. The large great room boasts vaulted ceilings, creating an open and airy feel. A flexible downstairs bonus room can easily be converted back into a 3rd bedroom with its own en-suite bathroom, perfect for guests or growing needs. The basement family room provides an ideal setting for a home theater or an expansive entertaining area. The garage features an epoxy floor and custom shelving, offering excellent organization, and both existing bedrooms come complete with walk-in closets, providing ample storage. Enjoy year-round relaxation in the 12x12 all-season sunroom, a versatile space perfect for a "man-cave," "she-shed," or simply a serene retreat. Step outside to your private backyard oasis, fully enclosed by a privacy fence. Entertain on the 27x13 wood deck that extends to an additional 13x10 deck covered by a charming pergola. Gather around the firepit on cool evenings, and gardeners will appreciate the convenient outdoor wash sink. Plus, there's a large attached storage shed for all your outdoor essentials. The property also includes an additional side yard with numerous flower beds, adding vibrant curb appeal. This home boasts a great location with easy access to Franklin, Greenwood, and Indianapolis, offering the perfect blend of suburban tranquility and urban convenience! This home is a true gem!

Listing Agent

Amy O'Brien

O'Brien Team Realty License #RB14042817 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1993

Lot Details

  • 9,823 Sq Ft Lot
  • Corner Lot
  • Mature Trees

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Fire Pit
  • Gazebo
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Community Details

  • Association fees include home owners
  • Association Phone (317) 534-0200
  • Knollwood Farms Subdivision
  • Property managed by Elite Property Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number 410533011115000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1993

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1993
  • Building Area Total: 1656
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Knollwood Farms
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Tri Level, Under
  • Appliances: Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Purifier, Water Softener Owned
  • Levels: Tri-Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 536
  • Interior Amenities: Vaulted Ceiling(s), Eat-in Kitchen, Pantry, Wood Work Painted
  • Living Area: 1656
  • Other Equipment: Sump Pump
  • Spa Y N: No
  • Areas Interior: Great Room - 2 Story,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 584
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 536
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage, Fire Pit, Storage Shed
  • Fencing: Full, Privacy
  • Foundation Details: Crawl Space, Partial
  • List Price: 265000
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Gazebo
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 400

Utilities

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

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association Phone: 317-534-0200
  • Association YN: Yes
  • Management Company Name: Elite Property Management
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common

Schools

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

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights, Mature Trees, See Remarks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9823
  • Parcel Number: 410533011115000009
  • Acres: <1/4 Acre
  • Price Acre: 1152174

Tax Info

  • Tax Annual Amount: 2534
  • Tax Lot: 274
  • Semi Annual Property Tax Amt: 1267
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,534 $251,200 $32,000 $219,200
2024 $2,534 $229,300 $32,000 $197,300
2023 $2,430 $219,000 $32,000 $187,000
2022 $2,243 $202,000 $28,200 $173,800
2021 $1,858 $168,500 $28,200 $140,300
2020 $1,528 $139,800 $28,200 $111,600
2019 $1,368 $125,900 $10,000 $115,900
2018 $1,186 $118,000 $10,000 $108,000
2017 $1,191 $117,100 $10,000 $107,100
2016 $1,042 $112,100 $10,000 $102,100
2014 $980 $97,000 $17,800 $79,200
2013 $980 $101,400 $18,400 $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $265,000 -- $160 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053277

MIBOR Broker Listing Cooperative®

APN: 41-05-33-011-115.000-009