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4880 E 500 Franklin IN 46131 MLS 21655882


$499,900 Back To Listings
Photo one of 4880 E 500 Franklin IN 46131 | MLS 21655882
4880 E 500
Franklin, IN 46131 MLS# 21655882
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Home Description: 4880 E 500

SECLUDED SECLUDED SECLUDED....Peace & quiet in abundance. 20 Beautiful wooded acres with a stock fishing lake, Young's Creek access in the back of the property; hiking/4-wheeling trails. Spacious 4-5 bedroom home, over-sized kitchen for entertaining, large screen room and maintenance free deck overlooking lake w/floating dock. Master bedroom has gorgeous view of lake, Jacuzzi tub, separate shower, his & her closets & laundry room. Beautiful hardwood floors on main level, skylights in kitchen & Great-room, Kitchen boasts granite counter tops, built-in double oven, Jenn-air gas cook top, trash compactor & large walk-in pantry.

  • Street Address: 4880 E 500
  • City: Franklin
  • Zip: 46131
  • County: Johnson
  • Township: BlueRiver
  • Property Type: Single Family Residence
  • Style: Ranch
  • Basement: 9 feet+Ceiling, Finished, Partial, WalkOut
  • Garage Description: 2 / Attached
  • Acres: >20 Acres
  • Lot Description: Not In Subdivision, Tree Mature, Water Access, Wooded
  • Lot Size: 330,315
  • Siding: Vinyl With Brick
  • Porch: Multiple Decks, Screened in Porch

Available now at $499,900

Approximate Room Sizes / Descriptions

Great Room20x20MainHardwood
Sun Room20x16MainOther
Laundry Room7x6MainTile-Ceramic
UTILITY ROOM9x9BasementOther
Sitting Room12x9BasementLaminate
Bedroom 2nd13x11MainHardwood
Bedroom 3rd14x14BasementCarpeting
Bedroom 4th13x11BasementLaminate
Bedroom 5th11x11BasementCarpeting
  • Areas: Foyer Large, Laundry Room Main Level, Utility Room
  • Interior Description: Attic Pull Down Stairs, Built In Book Shelves, Ceiling Cathedral, Screens Complete, Skylights, Wood Work Painted
  • Full Baths: 2
  • Half Baths: 1
  • Num Fireplaces: 1
  • Fireplace Description: Gas Log Fireplace, Great Room Fireplace
  • Master Bedroom Description: Bedroom 2nd Master, Closet Walk in, Shower Stall Full, Sinks Double, Tub Whirlpool
  • Appliances: Cook Top Gas, Dishwasher, Garbage Disposal, Microwave, Oven Built In, Oven Double, Range Hood Fan, Refrigerator, Separate Freezer, Trash Compactor
  • Eating Area: Separate Room, Other Eating Area
  • Equipment: Satellite Dish Rented, Smoke Alarm, Sump Pump, Surround Sound, Programmable Thermostat, Water Softener Rented
  • Heating: Geothermal
  • Cooling: Fan Attic, Fans Ceiling Paddle, Geothermal


The average asking price of a 5 bedroom Franklin home in this zip code is $436,950 (12.6% less than this home).

This home is priced at $146/sqft, which is 29.5% less than similar homes in the 46131 zip code.

Map | Street | Birds Eye

4880 E 500 Franklin IN 46131

Print Map | Driving Directions

Driving Directions:

From Franklin, south on 31 to SR252; west to first left S CR 550 E, follow to first right E CR 500 S, follow approx .7 miles, road bends to the left, gravel drive on right, FOLLOW TO END OF GRAVEL DRIVE.

School Information

  • School District:Edinburgh Community


  • Approx Payment:$1,908*
  • Semi Annual Taxes:$1,487

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 679-2519 and speak with one of our real estate consultants.

Listing Courtesy of HomeXpert, Ray Stuck & Co.. For information or to schedule a viewing of this property (MLS# 21655882) located at 4880 E 500 Franklin IN 46131, call: (317) 679-2519

4880 E 500, Franklin IN is a single family home of 3426 sqft and is currently priced at $499,900 . This single family home has 5 bedrooms and was built in 1998. A comparable home for sale at 2030 Gosling Ct in Franklin is listed at $265,000. This home on 4880 E 500 has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Condos, New Homes and Foreclosures in Franklin, IN. Brookside West, Fairway Lakes and Golfview Villas are nearby neighborhoods. MLS 21655882 has been posted on this site since 8/4/2019 (19 days ago).