4902 S Franklin Rd is a 1,241 square foot house on a 0.45 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $230,772.
Single-familyProperty Type
1960Year Built
0.45 acresLot Size
$186Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$230,772
$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12% lower than the average sale price ($262K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,864 (−11.4%)
$27,700 + $175,400
$203,100
2024
$2,102 (+22.1%)
$27,700 + $165,900
$193,600
2023
$1,722 (−8.3%)
$27,700 + $165,900
$193,600
2022
$1,878 (−4.1%)
$27,700 + $151,500
$179,200
2021
$1,958 (+11.5%)
$27,700 + $126,600
$154,300
2020
$1,756 (+9.1%)
$27,700 + $126,600
$154,300
2019
$1,610 (+7.7%)
$27,700 + $116,400
$144,100
2018
$1,495 (+9.3%)
$24,800 + $107,700
$132,500
2017
$1,368 (−5.4%)
$24,800 + $96,300
$121,100
2016
$1,446 (+31.2%)
$24,800 + $96,300
$121,100
2015
$1,102 (−18.0%)
$24,800 + $97,800
$122,600
2014
$1,344 (+23.2%)
$24,800 + $90,400
$115,200
2013
$1,091
$24,800 + $97,000
$121,800
Tax history for 4902 S Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,864 (−11.4%)
$27,700 + $175,400
$203,100
2024
$2,102 (+22.1%)
$27,700 + $165,900
$193,600
2023
$1,722 (−8.3%)
$27,700 + $165,900
$193,600
2022
$1,878 (−4.1%)
$27,700 + $151,500
$179,200
2021
$1,958 (+11.5%)
$27,700 + $126,600
$154,300
2020
$1,756 (+9.1%)
$27,700 + $126,600
$154,300
2019
$1,610 (+7.7%)
$27,700 + $116,400
$144,100
2018
$1,495 (+9.3%)
$24,800 + $107,700
$132,500
2017
$1,368 (−5.4%)
$24,800 + $96,300
$121,100
2016
$1,446 (+31.2%)
$24,800 + $96,300
$121,100
2015
$1,102 (−18.0%)
$24,800 + $97,800
$122,600
2014
$1,344 (+23.2%)
$24,800 + $90,400
$115,200
2013
$1,091
$24,800 + $97,000
$121,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D2
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
Nov 15, 2012 • Active
Heating & cooling permit-1-2 family-replacement
HVAC
Mar 1, 1996 • Final
Structural permit-1-2 family-miscellaneous
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Subdivision Name: WANAMAKER VILLAGE SEC 8
Living Sq. Ft: 1,241
Adjusted Gross Sq. Ft: 1,241
Ground Floor Sq. Ft: 1,241
Building Sq. Ft: 1,835
# of Stories: 1
Legal Description: WANAMAKER VILLAGE SEC 8 L 141
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 1,634
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 19,798
Legal Lot Number: 141
Municipality Name: FRANKLIN, OUTSIDE
Acres: 0.4545
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,241
Stories: 1.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Marion County
APN: 490931101022000300
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Thompson Crossing Elementary School
Public K-3 • Assigned • 0.8mi
5/10
Franklin Central Junior High
Public 7-8 • Assigned • 2.5mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 1.5mi
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)
32
17
41
25
60
39
68
47
71
53
82
65
86
69
81
63
80
57
70
47
53
38
41
27
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
$220,000 – $266,000
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