4039 Magnolia Drive

Franklin, IN
$ 255,000 Beds 3 Baths 2.5 Sq 1,542 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to 4039 Magnolia Dr! This well-maintained 3-bedroom, 2.5-bath home offers a great combination of updates, comfort, and outdoor space. Major improvements include a new roof and gutters in 2024, providing valuable peace of mind, along with a new water heater in 2024, windows in 2020, laminate flooring in 2019, and can lights added in 2025. The appliances stay, and the insulated and finished garage offers additional versatility for parking, storage, hobbies, or a workshop. Outside, you'll love the huge, fully fenced backyard that feels incredibly private, complete with a back deck that creates a great space for relaxing, entertaining, or enjoying the outdoors. With no HOA, you have the freedom to make the most of your property. Conveniently located in Franklin, this home is ready for its next owner and offers plenty of updates already completed.

Active

  • Price
  • $ 255,000
  • City
  • Franklin
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • JOHNSON
  • Half Bathrooms
  • 1
  • Area
  • Pleasant
  • Lot Size
  • 0.17 Acres
  • Zip
  • 46131
  • Sqr Footage
  • 1,542
  • Year Built
  • 2000
  • Taxes
  • $ 2012
  • Style
  • Traditional
  • MLS#
  • 22124814
Listed By: Noah Harris with F.C. Tucker Company;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Electric
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Negotiable
Appliances Electric Cooktop,Dishwasher,Electric Water Heater,Disposal,Microwave
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Brick,Vinyl Siding
Year Built 2000
Township Pleasant
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Johnson
New Construction No
Property Type Residential
HOA No
Subdivision Name Knollwood Farms
Garage Y/N Yes
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
High School Franklin Community High School
City Franklin
High School District Franklin Community School Corp
MLS Area 4102 - Johnson - Pleasant
Lot Size Square Feet 7492
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School Franklin Community Middle School
Additional Parcels Y/N No
Standard Status Active
Tax Lot 538
Legal Description Knollwood Farms Sec 5 West Pt B Lot 538

Interior Features

Interior Amenities Walk-In Closet(s),Eat-in Kitchen,Entrance Foyer
Basement (Y/N) No
Half Baths 1
Laundry Features Laundry Closet
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Exterior Amenities Storage Shed
Fencing Full
Parking Features Attached
Lot Features Sidewalks,Mature Trees
Water Source Public
Foundation Details Slab
Spa No
Building Area Total 1542
Lot Size Acres 0.17
Waterfront Y/N No
Other Equipment Smoke Alarm
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Franklin Community Middle School
High School Franklin Community High School

Price History

9/8/2026 Listed $265,000
9/25/2026 4% - $255,000

Property vs Zip Code Average in 46131

Price
AVG $400K
$260K
Taxes
AVG $3,454
$2,012
Year Built
AVG 1985
2000
Visits
AVG 50
17
Data Provided by Inside Real Estate®

4039 Magnolia Drive Franklin, IN is a Single Family Home for sale at $255000 with 1542 sqft and a lot size of 0.17 Acres Acre(s). 4039 Magnolia Drive Franklin has 3 bedrooms, 2 baths and was built in 2000. The property's zip code is 46131 which is in Franklin, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.