5306 N Franklin Road, Indianapolis, IN 46226
- $69,000
- $69,000
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!
Address
Open on Google Maps-
Address: 5306 N Franklin Road
-
City: Indianapolis
-
State/county: IN
-
Zip/Postal Code: 46226
Details
Updated on June 30, 2026 at 2:17 am-
Property ID 22104650
-
Price $69,000
-
Property Size 1248 Sqft
-
Bedrooms 3
-
Rooms 6
-
Bathrooms 2
-
Garage 1
-
Garage Size x x
-
Year Built 1974
-
Property Type Condominium, Residential
-
Property Status Closed
Additional details
-
Association Fee 409
-
Cooling Central Air
-
Heating Forced Air,Electric
-
County Marion
-
Property Type Residential
-
Parking Detached
-
Architectural Style Traditional
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees