Active

Price cut: $10K (8/21)

$139,900

1572 Roberts Rd, Franklin, IN 46131

3beds

1,225sqft

$920/mo

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Residential, Single Family Residence

Built in 1961

7,405 Square Feet Lot

$-- Zestimate^®

$114/sqft

$-- HOA

What's special

Simple ranch layout

Don't miss this incredible opportunity to build instant equity! This affordable fixer-upper is packed with potential and is the perfect project for a homeowner ready to renovate and create their dream home, or an investor looking for their next flip or cash-flowing rental. The home's simple ranch layout keeps future maintenance easy and affordable, making it an excellent long-term investment once renovations are complete. Located in desirable Franklin, you'll enjoy all the benefits of one of Central Indiana's most sought-after communities, where strong buyer demand and a healthy housing market continue to make homeownership an attractive investment. Whether you're looking to roll up your sleeves and create equity or add another property to your investment portfolio, this is a value-packed opportunity you won't want to miss. Home is being sold as-is.

21 days
1,778
160

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 168 Square Feet
Dimensions: 14x12

Bedroom 2

Level: Main
Area: 120 Square Feet
Dimensions: 12x10

Bedroom 3

Level: Main
Area: 90 Square Feet
Dimensions: 10x09

Family room

Level: Main
Area: 288 Square Feet
Dimensions: 24x12

Kitchen

Features: Tile-Ceramic
Level: Main
Area: 156 Square Feet
Dimensions: 13x12

Living room

Level: Main
Area: 192 Square Feet
Dimensions: 16x12

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater, Microwave, Gas Oven, Refrigerator

Features

Eat-in Kitchen
Has basement: No

Interior area

Total structure area: 1,225
Total interior livable area: 1,225 sqft

Property

Parking

Parking features: Gravel

Features

Levels: One
Stories: 1
Patio & porch: Porch
Fencing: Fenced,Full

Lot

Size: 7,405 Square Feet
Features: Sidewalks, Street Lights, Mature Trees

Details

Additional structures: Storage
Parcel number: 410811031083000009
Special conditions: As Is,Broker Owned,Fixer Upper
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 1961

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Lochry

HOA

Has HOA: No

Location

Region: Franklin

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $163,300
Annual tax amount: $3,646
Date on market: 8/7/2026
Cumulative days on market: 17 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/21/2026	Price change	$139,900-6.7%$114/sqft
Source: MIBOR as distributed by MLS GRID #22118479 Report a problem
8/13/2026	Pending sale	$149,900$122/sqft
Source: MIBOR as distributed by MLS GRID #22118479 Report a problem
8/7/2026	Listed for sale	$149,900$122/sqft
Source: MIBOR as distributed by MLS GRID #22118479 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,096 +3.6%	$163,300 +16.8%
2024	$2,987 +1.3%	$139,800 +4.3%
2023	$2,948 +14.3%	$134,100 +1.6%
2022	$2,578 +19.7%	$132,000 +14.4%
2021	$2,155 +4.5%	$115,400 +19.7%
2020	$2,061 +21.9%	$96,400 +4.6%
2019	$1,691 +0.7%	$92,200 +9.4%
2018	$1,679 +8%	$84,300 +1.3%
2017	$1,555 -0.6%	$83,200 +7.4%
2016	$1,565 +18.5%	$77,500 +20.3%
2014	$1,321 -3.6%	$64,400 -6%
2013	$1,371 -5.6%	$68,500 -5.6%
2012	$1,453 -0.6%	$72,600 -0.3%
2011	$1,462 +0%	$72,800
2010	$1,462	$72,800
2009	$1,462 -33.1%	$72,800 +2.1%
2007	$2,185 +13.9%	$71,300
2006	$1,919	$71,300 +14.1%
2005	--	$62,500