Fantastic opportunity in Franklin Township! This home has a lot of potential for someone looking for a property they can make their own. The main level features hardwood floors through much of the living space, a bright living room, and a kitchen with white cabinetry, tile backsplash, and updated flooring. Upstairs, the loft area provides additional flexible space along with another bedroom, while the unfinished basement offers plenty of room for storage, a workshop, or future possibilities and includes an additional bathroom. Outside, you'll find a deep yard, rear deck, mature trees, and a detached garage. There are certainly projects to take on, but the space, layout, and character give you a good starting point.
Est. $1,726 per month, based on comparable rentals
Sale and tax history for 8640 Mcgaughey
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22120339
Sep 14, 2026
Sold
$170,500
$69/sq ft
Sep 1, 2026
Pending
—
Aug 28, 2026
Listed
$185,000
$75/sq ft
MIBOR as Distributed by MLS Grid #21604020
Dec 18, 2018
Sold
$135,000
$55/sq ft
Nov 26, 2018
Pending
—
Nov 15, 2018
Relisted
—
Oct 31, 2018
Pending
—
Oct 26, 2018
Listed
$135,000
$55/sq ft
+43
FRANKLIN TOWNSHIP CHARMER! This freshly renovated Cape Cod style home offers 3 bedrooms plus a loft and basement. You are sure to enjoy the real hardwood floors through out! A wonderfully updated kitchen that features brand new, matching, LG appliances and gorgeous Granite counter tops. Come home and relax on the large deck that overlooks the quiet and private park like setting.
MIBOR as Distributed by MLS Grid #21241813
Apr 1, 2014
Listing Removed
—
Jul 1, 2013
Listed
$98,000
$40/sq ft
Public Records
Oct 9, 2001
Sold
$133,000
$54/sq ft
MIBOR as Distributed by MLS Grid #2138736
Aug 16, 2001
Listed
$106,900
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,733 (+3.3%)
$17,300 + $214,800
$232,100
2024
$4,584 (+5.0%)
$17,300 + $207,400
$224,700
2023
$4,364 (+3.1%)
$17,300 + $207,400
$224,700
2022
$4,233 (+39.7%)
$17,300 + $196,500
$213,800
2021
$3,029 (+10.2%)
$12,800 + $134,400
$147,200
2020
$2,749
$12,800 + $134,400
$147,200
2019
$2,748 (+48.5%)
$12,800 + $120,500
$133,300
2018
$1,851 (+2.9%)
$12,800 + $120,200
$133,000
2017
$1,799 (+3.2%)
$12,800 + $73,000
$85,800
2016
$1,743 (+8.2%)
$12,800 + $73,000
$85,800
2015
$1,611 (+1.3%)
$12,800 + $70,300
$83,100
2014
$1,590 (+2.5%)
$12,800 + $67,500
$80,300
2013
$1,551
$12,800 + $66,500
$79,300
Public record
Public record
Zoning
Permits
Beds
3
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
1994
Sq. Ft.
1,520
Year built
1948
Style
Single Family Residential
County
Marion County
APN
490931135013000300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
D3
METRO
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and 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 considerations, 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
Housing-Mobile home park
Park & open space
Nov 9, 2021 • Final
Heating & cooling - 1-2 family
Replace the existing air conditioning unit.
HVAC
Dec 11, 2020 • Final
Heating & cooling - 1-2 family
Replace the existing furnace.
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
Garage SqFt: 260
Parking Features: Attached, Concrete
Garage Spaces: 1
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 2472
Living Area: 1520
Main Level Sq. Ft.: 952
Upper Level Sq. Ft.: 568
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Upper Bedrooms: 1
# of Bedrooms Main: 2
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 1
# of Full Baths (Basement): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Dimensions: 17x12
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x12
Room Level: Main
Room 3 Information
Room Type: Master Bedroom
Room Dimensions: 12x13
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Dimensions: 10x13
Room Level: Main
Room 5 Information
Room Type: Bedroom 3
Room Dimensions: 15x13
Room Level: Upper
Other Rooms Information
Rooms Upper: 1
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 5
Laundry Room Information
Laundry Features: In Basement
Basement Information
Has Basement
Basement Features: Full, Unfinished
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Central Air
Interior Features
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater
Flooring: Hardwood
Exterior
Building Information
Percent Optional Level Finished: 0
Exterior Features
Patio And Porch Features: Covered, Deck
Exterior Features: Lighting
Fence YN: Yes
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.32
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private
Solid Waste Information: Yes
Location
School Information
High School District: Franklin Township Com Sch Corp
Location Information
Directions: GPS Friendly
Tax Legal Description: Pt Nw1/4 Ne1/4 S31 T15 R5 Beg 238.8Ft W Of Se Cor N225ft Nw 34.08Ft Sw 219.5Ft S 25Ft E 80Ft Tobeg .315Ac
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,520
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1994
County: Marion County
APN: 490931135013000300
Home facts updated by county records on Oct 19, 2026
Other
Home Information
Foundation Details: Block, Poured Concrete
Construction Materials: Vinyl Siding
Levels: Two
Around this home
Schools
New Bethel Elementary School
Public PreK-3 • Assigned • 2.2mi
6/10
Franklin Central Junior High
Public 7-8 • Assigned • 2.8mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 2.1mi
7/10
Provided by GreatSchools
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 101° 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
61/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
5.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$163,000 – $198,000
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