Great opportunity for instant equity! This ALL brick ranch boast over 2500 sq ft of living space and is in phenomenal condition! Just over 1 acre of land - two lots- parceled separately and could easily be built on. Additionally the garage is heated and cooled and is an over sized 2 car with a 9' tall door. The roof is only 3 years old and the owner just put in a brand new heating and cooling system. This home is in move in condition but needs a couple of minor projects brought to completion- the seller just added a Jacuzzi tub and stand up shower to one of the bathrooms- everything functions just fine just a little finish work left. The second bath needs a little modification to add the shower.
Unique Franklin Township home with so much charm. It has two very large beautiful bedrooms with lots of natural light. The living room showcases a limestone wall with fireplace. It offers a very large open kitchen that would be wonderful for family gatherings. The home sits on just over 1 acre of land. Home also has a new roof, gutters and downspouts!!
MIBOR as Distributed by MLS Grid #21374110
Jan 29, 2016
Listing Removed
—
Dec 10, 2015
Price Changed
$188,900
$66/sq ft
Sep 1, 2015
Listed
$199,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,904 (−3.2%)
$37,100 + $364,300
$401,400
2024
$4,035 (+32.7%)
$37,100 + $347,800
$384,900
2023
$3,040 (+1.1%)
$37,100 + $347,800
$384,900
2022
$3,006 (+27.4%)
$37,100 + $248,800
$285,900
2021
$2,359 (+9.2%)
$37,100 + $181,700
$218,800
2020
$2,161 (+8.6%)
$37,100 + $181,700
$218,800
2019
$1,991 (+3.0%)
$37,100 + $162,400
$199,500
2018
$1,932 (−3.6%)
$33,100 + $149,600
$182,700
2017
$2,003 (−0.4%)
$34,100 + $146,400
$180,500
2016
$2,011 (+14.8%)
$34,100 + $146,400
$180,500
2015
$1,752 (−5.1%)
$34,100 + $147,700
$181,800
2014
$1,847 (+6.4%)
$34,100 + $136,700
$170,800
2013
$1,736
$34,100 + $147,700
$181,800
Tax history for 4942 S Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,904 (−3.2%)
$37,100 + $364,300
$401,400
2024
$4,035 (+32.7%)
$37,100 + $347,800
$384,900
2023
$3,040 (+1.1%)
$37,100 + $347,800
$384,900
2022
$3,006 (+27.4%)
$37,100 + $248,800
$285,900
2021
$2,359 (+9.2%)
$37,100 + $181,700
$218,800
2020
$2,161 (+8.6%)
$37,100 + $181,700
$218,800
2019
$1,991 (+3.0%)
$37,100 + $162,400
$199,500
2018
$1,932 (−3.6%)
$33,100 + $149,600
$182,700
2017
$2,003 (−0.4%)
$34,100 + $146,400
$180,500
2016
$2,011 (+14.8%)
$34,100 + $146,400
$180,500
2015
$1,752 (−5.1%)
$34,100 + $147,700
$181,800
2014
$1,847 (+6.4%)
$34,100 + $136,700
$170,800
2013
$1,736
$34,100 + $147,700
$181,800
*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
3
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.61 Acres
Year renovated
1990
Sq. Ft.
2,574
Year built
1957
Style
Single Family Residential
County
Marion County
APN
490931101019000300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
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
May 22, 2019 • Final
Right of way permit-excavation
Replace a gas main as part of a public improvement project. Perform pavement and non-pavement excavations.
Grading
Apr 3, 2019 • Active
Heating & cooling - 1-2 family
Install a new gas furnace and air conditioning unit in a residential building.
HVAC
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
Parking
Parking Information
Parking Features: Attached, Concrete
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 2874
Living Area: 2574
Main Level Sq. Ft.: 2574
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
Primary Bedroom Description: Sinks Double,Tub Full with Separate Shower
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 3
Full Bathrooms MU: 2
Room 1 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 17x17
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Dimensions: 16x14
Room Level: Main
Room 3 Information
Room Type: Family Room
Room Dimensions: 24x10
Room Level: Main
Room 4 Information
Room Type: Kitchen
Room Dimensions: 16x11
Room Level: Main
Room 5 Information
Room Type: Sun Room
Room Features: Carpet
Room Dimensions: 18x10
Room Level: Main
Room 6 Information
Room Features: Hardwood
Room Dimensions: 21x15
Room Level: Main
Room 7 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 17x17
Room Level: Main
Room 8 Information
Room Type: Office
Room Dimensions: 16x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 8
Laundry Room Information
Laundry Features: Main Level
Basement Information
Has Basement
Basement Features: Unfinished
Fireplace Information
# of Fireplaces: 2
Fireplace Features: Family Room, Living Room
Heating & Cooling
Heating Information: Forced Air, Electric, Gas
Cooling Information: Central Electric, High Efficiency (SEER 16 +), Wall Unit(s)
Interior Features
Interior Features: Hardwood Floors
Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Gas Water Heater
Exterior
Building Information
Percent Optional Level Finished: 0-25%
Exterior Features
Patio And Porch Features: Covered Porch
Exterior Features: Barn Mini
Property Information
Ownership Interest Types: No Assoc
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 1-3 Acres
Lot Information
Lot Size Acres: 1.1
Lot Features: Corner Lot, Not In Subdivision, Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Utilities: Cable Available
Solid Waste Information: Yes
Location
School Information
Schools: FRANKLIN CENTRAL HIGH
High School District: Franklin Township Com Sch Corp
Location Information
Directions: At the intersection of Thompson and Emerson, go East on Thompson Rd towards Franklin Rd. Continue thru the round about at Franklin Rd, and go North on Franklin. Home is first house on the left.
Tax Legal Description: WANAMAKER VILLAGE SEC 8 L
Public facts
Beds: 3
Baths: —
Sq. Ft.: 2,574
Stories: 1.0
Lot Size: 0.61 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1990
County: Marion County
APN: 490931101019000300
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: scott@propertypogo.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block, Slab
Construction Materials: Brick
Levels: One
Around this home
Schools
Thompson Crossing Elementary School
Public K-3 • Assigned • 0.8mi
5/10
Franklin Central Junior High
Public 7-8 • Assigned • 2.4mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 1.4mi
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
$321,000 – $389,000
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