5306 N Franklin Road, Indianapolis, IN 46226
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22104650
Source:IN_MIBOR
Price summary
- Price:$69,000
- Price per sq. ft.:$55.29
About this home
Incredible investment or sweat-equity opportunity in Franklin Trails Estates! Located at 5306 N Franklin Rd, this 3-bedroom, 2-bath, 1,248 sq ft two-story townhome is a cosmetic fixer priced perfectly for its current condition. With a nicely remodeled ARV up to $140k, the upside here is massive for flippers or handy owner-occupants. The main level features a soaring two-story vaulted living room, a convenient main-floor bedroom and full bath, and an eat-in kitchen with side-by-side laundry area that can easily be expanded and opened up without moving structural walls. Upstairs holds two additional bedrooms and a full bath. Outside, enjoy a private, enclosed backyard area and a detached 1-car garage. You already have a great head start with a 5-year-old HVAC system with an Ecobee thermostat, a 2021 dishwasher, and an updated 2019 kitchen sink and plumbing. The location is unbeatable: directly across from the Lawrence Soccer Complex, skatepark, and playground, blocks from Fort Ben State Park and Lawrence Central High, and minutes from Pendleton Pike and I-465. The low-maintenance HOA covers water, sewer, trash, exterior maintenance and landscaping, and grants access to the community pool and clubhouse-owners only pay electricity! Sold strictly as-is, seller to do no repairs. Cash or conventional financing only (no FHA/VA or creative financing). Rentals are allowed but subject to a community cap/waitlist. Bring your vision and schedule a showing today to unlock this property's true potential!...
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Home facts
- Year built:1974
- Listing ID #:22104650
- Added:2 day(s) ago
- Updated:June 05, 2026 at 12:38 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Dining Combo/Kitchen
- Kitchen Description:Dishwasher, Disposal, Gas Oven, Range Hood, Refrigerator
- Living area:1,248 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Year built:1974
- Building area:1,248 sq. ft.
- Lot Features:Sidewalks, Street Lights
- Construction Materials:Wood Siding
- Foundation Description:Slab
Utilities
- Water:Public Water
Finances and disclosures
- Price:$69,000
- Price per sq. ft.:$55.29
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Attic Access, Ceiling Vaulted
Parking
- Garage:Yes
- Garage spaces:1
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