OFF MARKET

Off market jul 2020 for $235K

$310,776

•

1,417

sq ft

7440 S Franklin Rd, Indianapolis, IN 46259

About this home

3 bedroom, 2 full bath, 1417 sq ft ranch that is completely remodeled. Open concept overlooking the great room, kitchen & eating area. Updates: furnace, A/C, W/H, windows, back door, trim, well pump, W/S, plumbing, vanities, soffits & fascia, electrical, finished garage, bathroom lighting & more! Not a neighborhood & no HOA. 2 car finished garage, 24X24 detached garage w/ heat pump, storage barn, deck & the feel of being in the country.

Single-familyProperty Type

1962Year Built

0.51 acresLot Size

$219Est. Price/Sq.Ft.

2 car garageParking

Listed by Patrick Watkins • Mike Watkins Real Estate Group

Listed by Christopher Watkins • Mike Watkins Real Estate Group

Contact: pwatkins@mikesoldme.com

Bought with Ann Pence • Southern Touch Realty

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21708377

Redfin Estimate

$310,776

$76K since sold in July 2020$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.9% lower than the average sale price ($320K) of 6 comparable homes.

SOLD SEP 11, 2026
$270,000
A
3 beds2 baths1,443 sq ft
7301 S Franklin Rd, Indianapolis, IN 46259
SOLD JUN 12, 2026
$295,000
B
3 beds2 baths1,473 sq ft
8630 E Mcgregor Rd, Indianapolis, IN 46259
SOLD JAN 20, 2026
$260,000
C
3 beds2 baths1,918 sq ft
7722 Long Branch Dr, Indianapolis, IN 46259
SOLD JUN 8, 2026
$265,000
D
4 beds2 baths1,792 sq ft
8045 Shelbyville Rd, Indianapolis, IN 46259
SOLD JUL 14, 2026
$525,000
E
3 beds2 baths2,096 sq ft
7649 Stones River Ct, Indianapolis, IN 46259
SOLD SEP 17, 2026
$305,000
F
3 beds2 baths1,595 sq ft
8128 Meadow Bend Dr, Indianapolis, IN 46259

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Earn from this home

Sell

$125,853

Est. take-home

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Rent

$1,800/mo

Redfin rental estimate

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Market trends in 46259, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.4%

0.6% MoM

Median sale price

$395K

$3K MoM

Avg. days on market

51d

13 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 3 HRS AGO
$825,000
2 beds2.5 baths4,704 sq ft
10720 Indian Creek Dr S, Indianapolis, IN 46259
$264,900
2 beds2 baths1,432 sq ft
8147 Bentley Farms Pl, Indianapolis, IN 46259
$799,000
4 beds2 baths2,850 sq ft
7749 E 1000 N, Indianapolis, IN 46259
$334,900
4 beds2.5 baths1,980 sq ft
7517 Samuel Dr, Indianapolis, IN 46259
$285,000
4 beds2.5 baths2,424 sq ft
8020 Retreat Ln, Indianapolis, IN 46259
$324,900
4 beds2.5 baths2,693 sq ft
10709 Gathering Dr, Indianapolis, IN 46259
$599,900
4 beds4.5 baths4,250 sq ft
8652 Ironhill, Indianapolis, IN 46259
$1,435,000
4 beds6 baths6,912 sq ft
9202 Compton Farm Ln, Indianapolis, IN 46259
$365,000
4 beds2.5 baths2,513 sq ft
8035 Meadow Bend Ln, Indianapolis, IN 46259
$245,000
3 beds1.5 baths1,243 sq ft
8645 Maze Rd, Indianapolis, IN 46259
See all

Provided by Redfin

Sale history for 7440 S Franklin Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21708377

Jul 27, 2020

Sold

$235,000

$166/sq ft

Jul 3, 2020

Pending

—

Jul 2, 2020

Price Changed

$235,000

$166/sq ft

Jun 17, 2020

Relisted

—

May 30, 2020

Listing Removed

—

May 5, 2020

Listed

$229,900

$162/sq ft

MIBOR as Distributed by MLS Grid #21186167

Dec 19, 2012

Listing Removed

—

Jul 10, 2012

Listed

$80,000

$56/sq ft

MIBOR as Distributed by MLS Grid #2770703

Nov 5, 2008

Listing Removed

—

Nov 7, 2007

Listed

$139,900

$99/sq ft

MIBOR as Distributed by MLS Grid #2706334

Jun 1, 2007

Listing Removed

—

Jan 29, 2007

Listed

$144,900

$102/sq ft

MIBOR as Distributed by MLS Grid #2639307

Jun 16, 2007

Listing Removed

—

Jun 16, 2006

Listed

$153,900

$109/sq ft

MIBOR as Distributed by MLS Grid #2229760

Jun 26, 2002

Listed

$114,900

$81/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$2,783 (+1.1%)

$22,500 + $267,800

$290,300

2024

$2,753 (−10.2%)

$22,500 + $236,200

$258,700

2023

$3,066 (+0.9%)

$22,500 + $236,200

$258,700

2022

$3,038 (+13.2%)

$22,500 + $228,000

$250,500

2021

$2,684 (+25.7%)

$22,500 + $188,200

$210,700

2020

$2,134 (+9.9%)

$22,500 + $188,200

$210,700

2019

$1,941 (+3.8%)

$22,500 + $136,700

$159,200

2018

$1,871 (+3.7%)

$18,800 + $123,800

$142,600

2017

$1,805 (+8.0%)

$18,800 + $113,000

$131,800

2016

$1,672 (+2.6%)

$18,800 + $113,000

$131,800

2015

$1,629 (+5.4%)

$18,800 + $103,000

$121,800

2014

$1,545 (−34.9%)

$18,800 + $109,700

$128,500

2013

$2,372

$18,800 + $103,700

$122,500

Tax history for 7440 S Franklin Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,783 (+1.1%)

$22,500 + $267,800

$290,300

2024

$2,753 (−10.2%)

$22,500 + $236,200

$258,700

2023

$3,066 (+0.9%)

$22,500 + $236,200

$258,700

2022

$3,038 (+13.2%)

$22,500 + $228,000

$250,500

2021

$2,684 (+25.7%)

$22,500 + $188,200

$210,700

2020

$2,134 (+9.9%)

$22,500 + $188,200

$210,700

2019

$1,941 (+3.8%)

$22,500 + $136,700

$159,200

2018

$1,871 (+3.7%)

$18,800 + $123,800

$142,600

2017

$1,805 (+8.0%)

$18,800 + $113,000

$131,800

2016

$1,672 (+2.6%)

$18,800 + $113,000

$131,800

2015

$1,629 (+5.4%)

$18,800 + $103,000

$121,800

2014

$1,545 (−34.9%)

$18,800 + $109,700

$128,500

2013

$2,372

$18,800 + $103,700

$122,500

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.51 Acres

Year renovated

2000

Sq. Ft.

1,417

Year built

1962

Style

Single Family Residential

County

Marion County

APN

491618118011000300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space

Jan 27, 2021 • Final

Electrical - 1-2 family

Remove and replace the electrical meter base on a residential building.

Electrical

Electric meter

Jul 22, 2004 • Active

Structural permit-1-2 family-new accessory structure-finished

Construct a new one-story detached garage on a residential property.

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

Parking

Parking Information
Garage SqFt: 440
Garage Parking Other: Finished Garage
Garage Parking Description: Multiple Garages
Parking Features: Asphalt, Attached, Detached, Garage Door Opener, Storage
Garage Spaces: 2
Has Garage

Interior

Virtual Tour
Interactive Virtual Tour URL: https://view.ricohtours.com/8ce3c7c4-a65c-4f89-badf-cf19326dd6c7/

Interior Sq. Ft. Information
Building Area Total: 1417
Living Area: 1417
Main Level Sq. Ft.: 1417
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Shower Stall Full
# 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 Features: Carpet
Room Dimensions: 13x12
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 15x12
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Dimensions: 15x12
Room Level: Main

Room 6 Information
Room Type: Great Room
Room Features: Hardwood
Room Dimensions: 16x15
Room Level: Main

Room 7 Information
Room Features: Hardwood
Room Dimensions: 10x6
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Laundry Room Information
Laundry Features: Main Level

Basement Information
Basement Features: Crawl Space

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

Interior Features
Interior Features: Attic Access, Hardwood Floors, Windows Vinyl, Wood Work Painted
Appliances: Gas Cooktop, Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned

Exterior

Exterior Features
Patio And Porch Features: Deck Main Level
Exterior Features: Barn Storage
Fencing: Partial

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

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.5
Lot Features: Not In Subdivision

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Utilities: Cable Available
Solid Waste Information: Yes

Location

School Information
High School District: Franklin Township Com Sch Corp

Location Information
Directions: Southport Rd east to Franklin Rd. South on Franklin Rd to house on right.
Tax Legal Description: PT E1/2 NW1/4 S18 T14 R5 BEG 10

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,417
Stories: 1.0
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1962
Year Renovated: 2000
County: Marion County
APN: 491618118011000300

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: pwatkins@mikesoldme.com

Green Information
Green Certification YN: No

Home Information
Construction Materials: Brick
Levels: One

Around this home

Schools

South Creek Elementary School

Public K-3 • Assigned • 0.8mi

8/10

Franklin Central Junior High

Public 7-8 • Assigned • 2.3mi

5/10

Franklin Central High School

Public 9-12 • Assigned • 1.2mi

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 • 46259

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 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$296,000 – $358,000

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Home values near 7440 S Franklin Rd

Data from public records.

Address	Redfin Estimate
7414 South Franklin Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1345 Sq. Ft.	$232,038
7402 South Franklin Rd, Indianapolis, IN 4 Beds \| 3.5 Baths \| 4280 Sq. Ft.	$911,835

Address	Redfin Estimate
7501 South Franklin Rd, Indianapolis, IN 2 Beds \| - Baths \| 990 Sq. Ft.	$204,497
7421 South Franklin Rd, Indianapolis, IN 4 Beds \| 3.5 Baths \| 3768 Sq. Ft.	$537,212

Address	Redfin Estimate
7410 South Franklin Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1940 Sq. Ft.	$344,949
7430 South Franklin Rd, Indianapolis, IN 3 Beds \| - Baths \| 1421 Sq. Ft.	$244,313

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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