1250 Park Avenue, Franklin, IN 46131

$655,000
6
BD
5
BA
9,740
SqFt

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List Price
$655,000
Price Change
▼ $20,000 1780776329
MLS#
22090735
Property Type
Residential
Bedrooms
6
Bathrooms
5
Sqft. of Residence
9,740
Year Built
1930
Days on Market
126
Status
ACTIVE

Property 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.

Additional Information

Basement
Unfinished
Foundation
Concrete Perimeter
Number of Fireplaces
6
Fireplace Description
Dining Room, Family Room, Living Room, Bedroom
Stories
Three Or More
Architecture
Georgian, Italianate
Equipment
Satellite Dish
Interior
Attic Stairway, Built-in Features, High Ceilings, Hardwood Floors, Paddle Fan, Entrance Foyer, Pantry
Exterior Amenities
Sprinkler System
Acres
2.85
Heat
Forced Air, Hot Water, Radiant, Electric, Natural Gas
Cooling
None
Financing
Cash Only
Appliances
Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, Double Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
Semi-Annual Taxes
$4,514
Garage
Yes
Garage Parking
Floor Drain, Service Door
Region
Needham
Areas
Living Room Formal, Other
Eating Areas
Breakfast Room, Formal Dining Room

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens Real Estate Gold Key.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative