#22046848, Danielle Garrity, Listing office: Dorfman Property Management
$375,000 List price
7231 S Franklin Rd Indianapolis, IN 46259
4 beds
2 full, 1 partial
2,006 sqft
0.5 acres
$187 / sqft
House
Property details
About 7231 S Franklin Rd
HALF ACRE lot in FC with no HOA!!! Get the "brand new" feel of a new 4bedroom and 3 bathroom home, but with the large lot, MATURE TREES, and character of an older home! Features includes beautiful HARDWOOD & luxury vinyl plank flooring, stainless kitchen appliances, FRESH PAINT, white cabinets and counter tops, UPDATED BATHROOM vanities and light fixtures! Enjoy the large backyard from your versatile sunroom. You'll love the long driveway, side-load 2car garage, large fenced backyard that backs up to a pond, plus the CONVENIENT location, close to shopping and schools. New ROOF and gutters in 2023!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,006 sqft
Lot size0.48 Acres
Year built1968
MLS #22050404
FireplaceFamily Room, Wood Burning
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, Microwave Hood, Gas Water Heater
- Basement: No
- Interior: Attic Access, Hardwood Floors, Breakfast Bar
- Fireplace: Family Room, Wood Burning
- Total Bedroom Count: 4
- Architectural Style: Split Level
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $375,000
- Price/SqFt: $186
- Annual Tax Amount: $4,481
- Tax Year: 2023
- Directions: From I-65South take the Southport Rd exit and turn left to head east. Take Southport Rd to Franklin Rd and turn Right. Take Franklin Rd and the home is on the left.
- Year Built: 1968
- Living Area: 2,006 SqFt
- Lot Size: 0.48 Acres
- MLS Number: 22050404
- MLS Name: MIBOR
- Office Name: Tomorrow Realty, Inc.
- Listing Agent: Joe Farley
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 5:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 17, 2021 | Home Sold | $160,000 |
| Feb 12, 2021 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $224,100 | $4,481 |
| 2022 | $216,200 | $4,324 |
| 2021 | $194,200 | $1,624 |
| 2020 | $177,300 | $1,722 |
| 2019 | $158,900 | $1,766 |
| 2018 | $163,700 | $1,690 |
| 2017 | $156,400 | $2,998 |
History based on county public records data.
Nearby schools
6
South Creek Elementary School
Public District KG-3
0.7 mi
•9010 E Southport Rd
6
Mary Adams Elementary School
Public District KG-3
1.3 mi
•7341 E Stop 11 Rd
5
Edgewood Intermediate School
Public District 4-6
1.6 mi
•7620 E Edgewood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,041. Most Indianapolis, IN residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
9%
<35k
57%
35k-100k
33%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
20%
Single, No Kids
9%
Single, with Kids
37%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Football
Soccer
NASCAR
Where do the neighbors shop?
Best Buy
Old Navy
Dick's Sporting Goods
Where do the neighbors go to eat?
Texas Roadhouse
Jimmy Johns
Arbys
What do the neighbors drive?
Ram
GMC
Lexus
What do the neighbors listen to?
Contemporary Christian
New Country
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7231 S Franklin Rd
The listing price of 7231 S Franklin Rd property is $375,000.
The property 7231 S Franklin Rd is a house located in Indianapolis, Indiana, 46259.
Active Listing: 7231 S Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7231 S Franklin Rd are: South Creek Elementary School (GreatSchools Rating 6/10), Mary Adams Elementary School (GreatSchools Rating 6/10), Edgewood Intermediate School (GreatSchools Rating 5/10), Lillie Idella Kitley Intermediate School (GreatSchools Rating 6/10), Franklin Central Junior High School (GreatSchools Rating 6/10), Raymond Park Intermediate & Middle School (GreatSchools Rating 4/10), Franklin Central High School (GreatSchools Rating 7/10), Beech Grove High School (GreatSchools Rating 2/10), Southport High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $4,481 (source: MLS/based on county public records data).
The last sale was on February 17, 2021 for $160,000 (source: MLS/tax record).
The property at 7231 S Franklin Rd has 4 bedrooms and 2 full and 1 half bathrooms.
The property 7231 S Franklin Rd is 2,006 SqFt (source: MLS/tax record).
The year of construction for 7231 S Franklin Rd is 1968.
This home is located at 7231 S Franklin Rd in Indianapolis, IN and zip code 46259 in the South Franklin neighborhood. This 2,006 square foot home, which was built in 1968, sits on a 0.48 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $375,000.
In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $251,183.
From Rocket Homes Real Estate and based on county public records data.