513 S Franklin Road
Indianapolis, IN, 46239 $ 220,000
Bedrooms3 Baths2.0 Sq 1,212 Monthly Estimate*
$ 1,519
for $220,000 with 3 bedrooms and 2 full baths. This 1,212 square foot home was built in 1963 on a lot size of 0.94.
Move in ready ranch with major peace-of-mind updates already completed. This 3 bedroom, 2 full bath home offers 1,212 square feet of recently updated living space on a huge 0.94 acre lot. Within the last two years, the roof, HVAC, siding, electrical, plumbing, windows, and water heater have all been updated, giving the next owner confidence in the big-ticket items. Inside, the home has a fresh, modern feel throughout with new LVP flooring, updated kitchen cabinetry, solid surface countertops, tile backsplash, and renovated bathrooms featuring tiled showers and new vanities. The oversized lot is one of the true highlights, offering room to spread out, entertain, garden, add outdoor living space, park equipment, create a play area, or simply enjoy extra privacy and space that can be hard to find at this price point. Located with easy access to major highways, making it convenient to get around while still enjoying the benefits of a larger lot. A great opportunity for buyers looking for updated finishes, recent major improvements, and land with plenty of possibilities.
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FeaturesInteriorInterior Amenities Attic Access Wired for Data WoodWorkStain/Painted
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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GeneralHeating Forced Air Natural Gas
Cooling Central Air
Utilities Natural Gas Connected
Possession Negotiable
Appliances Dishwasher Disposal Microwave Refrigerator
Garage Spaces 0
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1963
Electric 200+ Amp Service
Township Warren
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Facing Direction West
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly
High School Warren Central High School
City Indianapolis
High School District MSD Warren Township
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 41034
Elementary School Liberty Park Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Active
Tax Lot 0
Legal Description Pt Nw1/4 Sw1/4 S7 T15 R5 Beg 190Ft S & 45Ft E Ofnw Cor E 443.32Ft S 89.21 Ft W 443.32Ft N 89.21Ftto Beg .942Ac
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ExteriorFencing Full Privacy
Parking Features Gravel Storage Workshop in Garage
Lot Features Mature Trees
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 1212
Lot Size Acres 0.94
Waterfront Y/N N
Other Equipment Sump Pump
Horse Amenities None
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* Excluded FeaturesList ByF.C. Tucker CompanyBroker
jon.hopson@hopsonrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,519
- Monthly Property Taxes
- $312
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $312,453
Percent of Sale Price 42%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4441839 Elementary School
4045048 Middle School
Warren Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2026 | $220,000 | | Listed Price |