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1261 Pegasus Drive

Franklin, IN 46131
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Bed 5

Bed

Bath 3

Bath

SqFt3,119

Sqft

Acres0.21

Acre(Lot)

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 perf ect 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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Detail Ic Property Details

Property Type : Residential

Price : $445,000

AD Id : 78239821

MLS Id : MBR22098798

Beds : 5

Lot Size : 0.21 Acre

Living Area Size : 3,119

Year Built : 2025

Garage : 3

County : Johnson

Subdivision: Bluffs At Young's Creek

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 12

    Interior Features

    Attic Access, Kitchen Island, Entrance Foyer, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Pantry, Smart Thermostat, Supplemental Storage Appliances: Gas Cooktop, Dishwasher, Electric Water Heater, MicroHood, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Purifier, Water Softener Owned
  • Flooring Information

    Construction Materials: Vinyl With Brick
  • Heating & Cooling

    Heating: Natural Gas, High Efficiency (90%+ AFUE ) Cooling: Central Air Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 2025

  • Lot Information

    Lot Description: Curbs, Sidewalks, Street Lights Lot Square Feet: 9100 Lot Acres: 0.21

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional

  • Listing Price Information

    Original List Price:$450500

  • Tax Information

    Tax Block: 5A Tax Lot: 322 Tax Legal Description: THE BLUFFS AT YOUNGS CREEK SEC 5A LOT 322 Tax Year: 2025 Parcel Number: 410822034045000009 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    Attached, Concrete

    Garage Information

    Has Garage: Yes Garage Space: 3 Garage SQFT: 620 Garage SQFT: Service Door

    Homeowners Association Information

    HOA: $275.00 Annually

  • School Information

    Junior High School: Franklin Community Middle School Senior High School: Franklin Community High School
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Bluffs At Young'S Creek City: Franklin Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
808 N 700, Franklin, IN, 46131 $500,000 3 2 2,072 2,072 SqFt
6227 E State Road 44, Franklin, IN, 46131 $359,000 4 3 6,357 6,357 SqFt
5915 E 350, Franklin, IN, 46131 $1,167,000 4 4 3,483 3,483 SqFt
5495 E Greensburg Road, Franklin, IN, 46131 $450,000 3 2 1,773 1,773 SqFt
4670 N 600, Franklin, IN, 46131 $1,200,000 3 4 4,309 4,309 SqFt
5391 E 700, Franklin, IN, 46131 $1,149,000 3 4 4,617 4,617 SqFt
Undisclosed Address, Franklin, IN, 46131 $575,000 5 4 4,900 4,900 SqFt
2144 Connie Court, Franklin, IN, 46131 $289,900 2 2 1,314 1,314 SqFt
1159 Paris Drive, Franklin, IN, 46131 $525,000 4 3 3,827 3,827 SqFt
1895 Longest Drive, Franklin, IN, 46131 $394,900 3 2 1,856 1,856 SqFt
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ByOwner last updated this listing 06/07/2026 @ 06:20

MLS: MIBOR #22098798 LISTED BY: Chloe Means, Carpenter, REALTORS® 317-738-3737 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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