OFF MARKET

Off market oct 2019 for $239K

$354,991

•

2,776

sq ft

4742 S Franklin Rd, Indianapolis, IN 46239

About this home

If you are tired of paying HOA dues and want a 3-bedroom, 3-bath ranch on a ½ acre lot, then look no farther. The space in this solidly made 1959 limestone home will surprise you. Owners added on 2 very large room additions which could be converted to a home office/business, play room, in-laws-quarters, workout room, large master suite… the possibilities are endless with the 2,776 SqFt of living space. This home has new paint, new carpet, beautiful hardwood floors, custom built-ins, wood burning fireplace, large secluded back patio and mature trees for shade. The new owner will receive an HSA home warranty along with the 2018 riding lawn mower, push mower and mini barn. 40-year shingle roofing installed in 2007. City water hookup available.

Single-familyProperty Type

1959Year Built

0.48 acresLot Size

$128Est. Price/Sq.Ft.

2 car garageParking

Listed by Connie Hill • CENTURY 21 Scheetz

Contact: chill@c21scheetz.com

Bought with Jason Miles • The Extra Mile Realty, LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21650089

Redfin Estimate

$354,991

$115K since sold in October 2019$12K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.9% lower than the average sale price ($373K) of 6 comparable homes.

SOLD SEP 24, 2026
$420,000
A
3 beds3 baths3,000 sq ft
4547 Hammerstone Ct, Indianapolis, IN 46239
SOLD JUL 24, 2026
$370,000
B
3 beds2.5 baths2,154 sq ft
8017 Raindance Trl, Indianapolis, IN 46239
SOLD JAN 12, 2026
$385,000
C
3 beds2.5 baths2,820 sq ft
4739 Palomino Trl, Indianapolis, IN 46239
SOLD SEP 14, 2026
$170,500
D
3 beds2 baths2,472 sq ft
8640 Mcgaughey, Indianapolis, IN 46239
SOLD NOV 21, 2025
$420,000
E
3 beds2.5 baths2,458 sq ft
4827 Palomino Trl, Indianapolis, IN 46239
SOLD JUN 10, 2026
$474,810
F
3 beds3.5 baths3,919 sq ft
4633 Palomino Trl, Indianapolis, IN 46239

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Earn from this home

Sell

$167,530

Est. take-home

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Rent

$2,198/mo

Redfin rental estimate

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Market trends in 46239, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.6%

0.1% MoM

Median sale price

$310K

$134 MoM

Avg. days on market

45d

6 days MoM

Recently sold homes

212

14 MoM

New listings for sale

NEW 31 HRS AGO
$325,000
3 beds2.5 baths4,536 sq ft
8030 Cole Wood Blvd, Indianapolis, IN 46239
3D WALKTHROUGH
$165,000
2 beds1 bath850 sq ft
916 S Huber St, Indianapolis, IN 46239
$300,000
4 beds2.5 baths2,264 sq ft
2040 St Clifford Dr, Indianapolis, IN 46239
$150,000
3 beds2 baths1,323 sq ft
8145 Whistlewood Ct, Indianapolis, IN 46239
$240,000
4 beds2.5 baths2,088 sq ft
2344 Layton Park Dr, Indianapolis, IN 46239
$292,500
3 beds2.5 baths2,770 sq ft
9625 Treyburn Lakes Dr, Indianapolis, IN 46239
$235,500
3 beds2 baths2,876 sq ft
5944 S Karen Dr, Indianapolis, IN 46239
3D WALKTHROUGH
$275,000
4 beds2.5 baths2,905 sq ft
7807 Fox Glen Dr, Indianapolis, IN 46239
$350,000
3 beds2.5 baths3,527 sq ft
7803 Housefinch Ln, Indianapolis, IN 46239
$280,000
4 beds2.5 baths2,041 sq ft
9737 Piper Lake Dr, Indianapolis, IN 46239
See all

Provided by Redfin

Sale history for 4742 S Franklin Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,866 (−3.1%)

$27,700 + $371,800

$399,500

2024

$3,987 (+8.3%)

$27,700 + $354,400

$382,100

2023

$3,681 (−1.3%)

$27,700 + $354,400

$382,100

2022

$3,728 (+29.9%)

$27,700 + $323,400

$351,100

2021

$2,869 (+10.0%)

$27,700 + $242,900

$270,600

2020

$2,607 (+36.1%)

$27,700 + $242,900

$270,600

2019

$1,915 (+3.9%)

$27,700 + $217,100

$244,800

2018

$1,844 (+5.6%)

$24,800 + $149,200

$174,000

2017

$1,746 (−0.5%)

$24,800 + $133,500

$158,300

2016

$1,754 (+15.6%)

$24,800 + $133,500

$158,300

2015

$1,517 (−6.9%)

$24,800 + $134,800

$159,600

2014

$1,629 (+6.7%)

$24,800 + $124,600

$149,400

2013

$1,527

$24,800 + $135,300

$160,100

Tax history for 4742 S Franklin Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,866 (−3.1%)

$27,700 + $371,800

$399,500

2024

$3,987 (+8.3%)

$27,700 + $354,400

$382,100

2023

$3,681 (−1.3%)

$27,700 + $354,400

$382,100

2022

$3,728 (+29.9%)

$27,700 + $323,400

$351,100

2021

$2,869 (+10.0%)

$27,700 + $242,900

$270,600

2020

$2,607 (+36.1%)

$27,700 + $242,900

$270,600

2019

$1,915 (+3.9%)

$27,700 + $217,100

$244,800

2018

$1,844 (+5.6%)

$24,800 + $149,200

$174,000

2017

$1,746 (−0.5%)

$24,800 + $133,500

$158,300

2016

$1,754 (+15.6%)

$24,800 + $133,500

$158,300

2015

$1,517 (−6.9%)

$24,800 + $134,800

$159,600

2014

$1,629 (+6.7%)

$24,800 + $124,600

$149,400

2013

$1,527

$24,800 + $135,300

$160,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.45 Acres

Year renovated

1992

Sq. Ft.

2,776

Year built

1959

Style

Single Family Residential

County

Marion County

APN

490931101033000300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space

Property details

Parking

Parking Information
Garage Parking Other: Finished Garage
Parking Features: Asphalt, Attached, Garage Door Opener, Storage
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 2776
Living Area: 2776
Main Level Sq. Ft.: 2776
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Tub Full with Shower
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 3
# of Full Baths (Main): 3
Full Baths MU: 3
Full Bathrooms MU: 3

Room 1 Information
Room Features: Hardwood
Room Dimensions: 15x11
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x11
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 11x10
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 23x13
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Dimensions: 12x11
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 25x18
Room Level: Main

Room 7 Information
Room Type: Play Room
Room Features: Carpet
Room Dimensions: 23x23
Room Level: Main

Room 8 Information
Room Type: Dining Room
Room Dimensions: 12x11
Room Level: Main

Room 9 Information
Room Features: Vinyl
Room Dimensions: 8x8
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 9
Rooms Basement: 0
# of Rooms: 9

Laundry Room Information
Laundry Features: Main Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Attic Pull Down Stairs, Windows Wood, Breakfast Bar
Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
Floor Number: 1

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Exterior Features: Storage Shed

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.48
Lot Features: Not In Subdivision, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Solid Waste Information: Yes

Location

School Information
Schools: FRANKLIN CENTRAL HIGH,FRANKLIN TOWNSHIP EAST MIDDLE,LILLIE IDELLA KITLEY ELEMENTARY
High School District: Franklin Township Com Sch Corp

Location Information
Directions: From Southeastern Avenue, go south on S. Franklin Road about .7 miles to home on the right (west side of S. Franklin Rd)
Tax Legal Description: WANAMAKER VILLAGE SEC 8 L 136

Public facts

Beds: 3
Baths: —
Sq. Ft.: 2,776
Stories: 1.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1992
County: Marion County
APN: 490931101033000300

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: chill@c21scheetz.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Stone
Levels: One

Around this home

Schools

Thompson Crossing Elementary School

Public K-3 • Assigned • 0.9mi

5/10

Franklin Central Junior High

Public 7-8 • Assigned • 2.5mi

5/10

Franklin Central High School

Public 9-12 • Assigned • 1.6mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46239

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$338,000 – $409,000

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Listing provided by Zillow

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Home values near 4742 S Franklin Rd

Data from public records.

Address	Redfin Estimate
4720 South Franklin Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1930 Sq. Ft.	$301,414
4646 South Franklin Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 2286 Sq. Ft.	$235,122

Address	Redfin Estimate
4834 South Franklin Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2413 Sq. Ft.	$298,394
4812 South Franklin Rd, Indianapolis, IN 3 Beds \| - Baths \| 1308 Sq. Ft.	$229,167

Address	Redfin Estimate
4802 South Franklin Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1248 Sq. Ft.	$273,843
4824 South Franklin Rd, Indianapolis, IN 3 Beds \| - Baths \| 1441 Sq. Ft.	$264,554

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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