Land for Sale - 1250 Park Avenue, Franklin, IN 46131 - 2.85 acres

2.85 acres in Johnson County, IN

1250 Park Avenue, Franklin, IN | Lat/Lng:  39.4753, -86.0388

$675,000
2.85 ac.
05/08/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Nestled in one of Franklin's most prestigious neighborhoods and situated on 2.85 acres, this remarkable historic estate is waiting for its next chapter to be written. This is your chance to own a piece of Franklin and Indiana history. Endless potential for restoration to bring it back to its original beauty and customization. Located just behind Franklin College and within walking distance to vibrant downtown Franklin, the setting combines historic charm with convenience to local shops, restaurants, parks, and community events. Featuring six bedrooms and five and a half baths, the property was designed with both entertaining and everyday living in mind. Large living spaces, original architectural character, and the scale of the home create a rare opportunity for someone looking to restore a truly special property. Renovations were previously started but left unfinished, allowing the next owner to complete the home with their own vision, finishes, and design style. Outside, the estate continues to impress with a massive in-ground pool, detached four-car garage, separate apartment space above the garage, and an additional detached office building with extra rooms that could serve a variety of future uses. Whether you envision guest quarters, studio space, multigenerational living, private offices, or additional entertaining areas, the possibilities are extensive. While the property does require updates and repairs, the combination of acreage, location, history, and amenities make this an exceptional opportunity that is increasingly hard to find. Mature trees, expansive outdoor space, and the grandeur of the estate create a setting that simply cannot be replicated. Upon completion, this property has the potential to become one of Franklin's true showcase homes, blending historic elegance, luxury, and modern living in one of the city's most desirable locations.

Details

CountyJohnson
Zipcode46131
Property Type OneResidential Property
BrokerageBetter Homes and Gardens Real Estate Gold Key
Brokerage Linkhttps://land.com
Apn41-08-24-021-003.000-017
Land Listing Agent Photo
Cindy Stockhaus
Better Homes and Gardens Real Estate Gold Key
(888) 513-4880
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