5306 N Franklin Road, Indianapolis, IN 46226
- $69,000
- 3
- BD
- 2
- BA
- 1,248
- SqFt
- Sold Price
- $69,000
- List Price
- $69,000
- Closing Date
- Jun 26, 2026
- Mandatory Fee
- $409
- Mandatory Fee Paid
- Monthly
- MLS#
- 22104650
- Property Type
- Residential
- Ownership
- Horizontal Prop Regime
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 1,248
- Year Built
- 1974
- Days on Market
- 24
- Status
- SOLD
Property Description
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!
Additional Information
- Style
- Walk Up
- Floor
- 1
- Condo Location
- Ground Level
- Foundation
- Slab
- Stories
- Two
- Architecture
- Traditional
- Interior
- Attic Access, Ceiling Vaulted, Paddle Fan, Eat-in Kitchen, Smart Thermostat
- Heat
- Forced Air, Electric
- Cooling
- Central Air
- Financing
- Conventional
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Oven, Range Hood, Refrigerator, Washer
- Mandatory Fee Includes
- Association Home Owners, Clubhouse, Sewer, Entrance Common, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Trash
- Semi-Annual Taxes
- $357
- Garage
- Yes
- Region
- Lawrence
- Eating Areas
- Dining Combo/Kitchen
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Listing courtesy of Keller Williams Indpls Metro N. Selling Office: Ascend Homes.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative