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.
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
Finished Sq. Ft.
1,520
Unfinished Sq. Ft.
—
Total 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 Jul 28, 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.
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
70
81
63
80
58
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
Redfin Estimate for 8640 Mcgaughey
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $234,000 and $330,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $234K to $330K.