Property Report for 7840 S Franklin Rd, Indianapolis, IN 46259

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7840 S Franklin Rd, Indianapolis, IN 46259
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Property Details
  • Property Address 7840 S Franklin Rd, Indianapolis, IN 46259
  • County Marion
  • Parcel ID 49-16-18-101-017.000-300
  • Legal description PT E1/2 SW1/4 S18 T14 R5 BEG 1549.76' S OF NE CORS 369.47' NW 172.32' NW 55.83' NW 32.18' N234.98' E 200' TO BEG 1.437AC (1.1
  • School district Franklin Township Community School Corporation
  • Acreage 1.16
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 2,206
  • Year built 1973
  • Bedrooms 2
  • Bathrooms 1

About the Property

7840 S Franklin Rd is a single family residence in the city of Indianapolis, IN 46259. Located in the Franklin Township Community School Corporation, which resides in Marion County, IN and built in 1973. This Single Family Residence sits on a 50,355 sq ft lot and features 2 bedrooms, 1 bathrooms and 2,206 sq ft of living space.

The most recent property tax for 7840 S Franklin Rd was $3,938 with an estimated market value range of $438,731 to $447,594. This property was last sold on July 24, 2025 for $508,000.

Property Info

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Flood

Ownership

Land
  • Acres 1.16
  • Square Feet 50,355
Building
  • Units N/A
  • Year Built 1973
  • Effective Year Built N/A
  • Stories 1
  • # Fireplaces 1
  • Garage/Carport 840 sq.ft.
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 2,206
  • Total Rooms 7
  • Bedrooms 2
  • Total Bathrooms 1
  • Full Bathrooms 1
  • Additional Rooms
  • Family Room
Your Property Report will also include the following information:

Indianapolis Residential Market Stats

Median Sale Price $268,936 +2.4% YoY
Median Price/sq ft. $158
Marion County Median Sale Price $268,936 +2.4% YoY

See more Real Estate Trends for Indianapolis including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 7840 S Franklin Rd, Indianapolis

Tax Year Taxes Tax Assesed Value Exemptions
2024 $3,938 (-5%) $392,600 (+1.3%)

2023 $4,146 (-3.3%) $387,500 (-0.9%)

2022 $4,289 (+17.9%) $390,900 (+23.7%)

2021

2020

2019

2018

Access Full Tax & Assessment History for 7840 S Franklin Rd, Indianapolis. View Tax Information

Sales History for 7840 S Franklin Rd, Indianapolis

The most recent sale on 7840 S Franklin Rd took place on Jul 18, 2025 and recorded on Jul 24, 2025 for $508,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale Date Recorded Date Buyer(s) Seller(s) Price Document ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
Address Distance SqFt Sale Date Price $/SqFt
8349 ACTON RD 2.61 mi 2,252 08/08/2025 $380,000 $169
6838 5 POINTS RD 1.69 mi 2,301 07/28/2025 $325,500 $141
8818 MATHEWS RD 1.23 mi 2,382 07/25/2025 $433,992 $182
Active Mortgages and Equity Analysis
Date Recorded Position Original Amount Amortized Balance Loan Type Interest Rate Lender Lender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

SAMPLE
Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
Access the complete Mortgage and Equity Analysis for 7840 S Franklin Rd, Indianapolis. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Aug 19, 2025 Confidence Score: 99%
Low
Value
High
Rental Value Estimate ATTOM
Aug 25, 2025
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.