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This owner-occupied fixer-upper in the heart of Franklin Trails Estates, has an FHA assumable mortgage with a rate of 3.25%. At list price, a 3.25% vs 6.25% rate is a principal & interest savings of about $200/mo! The website WithRoam is a site that works with buyers to help purchase through the assumption process. This three-bedroom, two-bathroom condo spans 1,248 square feet and features a convenient main floor master bedroom with an adjoined bathroom. With some work, this can be an excellent opportunity for an owner-occupant to make cosmetic updates and get equity right away! Full HVAC was replaced in 2023, so no need to worry about mechanicals! The previously updated kitchen and baths just need a little TLC to get them back to "show" status! The large fenced-in patio offers excellent privacy! It's the perfect place for relaxation and gatherings. Thanks to the HOA, the majority of the back fence is new too. The charming front courtyard welcomes visitors to the main front door. The dedicated carport spot is convenient and allows a short walk up through the private gated access into your patio and home. With low-maintenance living and access to a community pool out your back door, your summers will be fabulous! And with all the Fort Harrison State Park amenities just around the corner, this home is an appealing choice for those nature lovers and adventure seekers looking to start their own home ownership adventure!
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 4/7/2026 | Tract | Franklin Trail Estates |
|---|---|---|---|
| Year Built | 1974 | Community | 4904 - Marion - Lawrence |
| County | Marion |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Water Heater, Range Hood, Refrigerator, Washer |
| AREA | 4904 - Marion - Lawrence |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air |
| HOA DUES | 365|Monthly |
| INTERIOR | Eat-in Kitchen, Vaulted Ceiling(s) |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Franklin Trail Estates |
| WATER | Public |
Location
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Listed with Traditions Realty, LLC
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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