Listing provided courtesy of Better Homes and Gardens Real Estate Gold KeyMLS# MBR22090735MLS Provider
  • 56 days on site
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Nestled in one of Franklin's most prestigious neighborhoods and situated on 2.85 acres, this remarkable historic estate is waiting for its next chapter to be written. This is your chance to own a piece of Franklin and Indiana history. Endless potential for restoration to bring it back to its original beauty and customization. Located just behind Franklin College and within walking distance to vibrant downtown Franklin, the setting combines historic charm with convenience to local shops, restaurants, parks, and community events. Featuring six bedrooms and five and a half baths, the property was designed with both entertaining and everyday living in mind. Large living spaces, original architectural character, and the scale of the home create a rare opportunity for someone looking to restore a truly special property. Renovations were previously started but left unfinished, allowing the next owner to complete the home with their own vision, finishes, and design style. Outside, the estate continues to impress with a massive in-ground pool, detached four-car garage, separate apartment space above the garage, and an additional detached office building with extra rooms that could serve a variety of future uses. Whether you envision guest quarters, studio space, multigenerational living, private offices, or additional entertaining areas, the possibilities are extensive. While the property does require updates and repairs, the combination of acreage, location, history, and amenities make this an exceptional opportunity that is increasingly hard to find. Mature trees, expansive outdoor space, and the grandeur of the estate create a setting that simply cannot be replicated. Upon completion, this property has the potential to become one of Franklin's true showcase homes, blending historic elegance, luxury, and modern living in one of the city's most desirable locations.

Source: MIBOR, MLS#: MBR22090735

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  • Property Type
    Residential
  • Lot
    2.85 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1250 Park Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: MIBOR Status Change
Active
6/10/2026Source: MIBOR Status Change
Pending
6/6/2026Source: MIBOR Price Reduction
$655,000 -3.0%
5/7/2026Source: MIBOR Added to Database
May 07, 2026