1261 Pegasus Drive Franklin, IN $ 450,500
1261 Pegasus Drive
$ 450,500
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1261 Pegasus Drive

Franklin, IN, 46131
$ 450,500
Bedrooms5 Baths3.0 Sq 3,119

Monthly Estimate*

$ 2,774

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View a Virtual Tour

Single Family Home for sale in Franklin, IN

for $450,500 with 5 bedrooms and 3 full baths. This 3,119 square foot home was built in 2025 on a lot size of 0.21.

Welcome home to this spacious 5-bedroom, 3 full bath home offering over 3,100 square feet of living space in sought-after Franklin! Situated on a scenic pond lot, this home features an ideal layout with a private main-level 5th bedroom and full bath, perfect for guests, multi-generational living, or in-law quarters. Upstairs, you'll find 4 additional bedrooms including an oversized primary suite featuring two separate walk-in closets and a private ensuite bath. Natural light fills every room, creating a bright and inviting atmosphere throughout the home. The versatile flex room at the front of the home offers endless possibilities including a home office, reading nook, playroom, or potential 6th bedroom. Enjoy peaceful pond views from the sunroom located at the back of the home - the perfect place to relax and take in morning sunrises or evening sunsets. The kitchen is designed for both everyday living and entertaining with Frigidaire appliances, abundant cabinet space, a large center island, and a walk-in pantry. Step outside to the patio area complete with a gas hookup ready for outdoor grilling and gatherings. Conveniently located near schools, shopping, dining, and everything Franklin has to offer, this home combines space, functionality, and beautiful water views all in one!

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Single Family Active

Price

$ 450,500

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 3,740

Style

Traditional

Lot Size

0.21

Year Built

2025

Town/City

Franklin

County/Region

Johnson

MLS | Web ID

22098798

Features
Interior
Interior Amenities Attic Access Kitchen Island Entrance Foyer Hi-Speed Internet Availbl In-Law Arrangement Eat-in Kitchen Pantry Smart Thermostat Supplemental Storage
Basement (Y/N) N
Half Baths 0
Total Bedrooms 5
Main Level Bedrooms 1
Total Baths 3
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General
Heating Natural Gas High Efficiency (90%+ AFUE )
Cooling Central Air
Possession Negotiable
Appliances Gas Cooktop Dishwasher Electric Water Heater MicroHood Double Oven Gas Oven Refrigerator Water Heater Water Purifier Water Softener Owned
HOA Fee 275
Garage Spaces 3
Patio/Porch Features Covered Patio
Architectural Style Traditional
Construction Materials Vinyl With Brick
Year Built 2025
View Pond
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Pond
Assoc Fee Paid Per Annually
County Johnson
New Construction N
Property Type Residential
HOA Y
Subdivision Name Bluffs At Young'S Creek
Garage Y/N Y
Total Rooms 12
Full Baths 3
Status Active
Directions GPS Friendly
High School Franklin Community High School
City Franklin
Disclosures VA-Owned
High School District Franklin Community School Corp
MLS Area 4105 - Johnson - Franklin
Lot Size Square Feet 9100
Property Attached Y/N N
Current Financing Assumable Conventional FHA VA
Middle/Junior High School Franklin Community Middle School
Standard Status Active
Tax Lot 322
Virtual Tour https://www.homeforsale.at/1261_PEGASUS_DRIVE_kutbyl-7apd?show_listing_video=1
Legal Description THE BLUFFS AT YOUNGS CREEK SEC 5A LOT 322
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Exterior
Parking Features Attached Concrete
Lot Features Curbs Sidewalks Street Lights
Water Source Public
Foundation Details Slab
Building Area Total 3119
Lot Size Acres 0.21
Waterfront Y/N Y
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

cmeans@callcarpenter.com

Email

Affordability Calculator

$3,085
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,774
Monthly Property Taxes
$312
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045176 Elementary School
4052126 Middle School
Franklin Community High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$450,500 Listed Price

Map


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1261 Pegasus Drive, Franklin, IN, 46131 is a Single Family Home for sale at $450,500 with 3,119 sqft and a lot size of 0.21. 1261 Pegasus Drive has 5 bedrooms, 3.0 baths, and was built in 2025. The property's zip code is 46131 which is in Franklin, IN