1261 Pegasus Drive, Franklin, IN, 46131

Waterfront

Address

1261 Pegasus Drive, Franklin, IN

Listing Type

Active

Price

$ 434,900

Property Attributes

MLS#22098798
TypeSingle Family
Listing Status Active
CountyJOHNSON
CityFranklin
AreaFranklin
NeighborhoodBluffs At YoungS Creek
Zip46131
StyleTraditional
Year Built2025
Taxes$ 3740
Price$ 434,900
Bedrooms5
Full Bathrooms3
Half Bathrooms0
Sqr Footage3119
Lot Size0.21 Acres

Data Source:

MIBOR Broker Listing Cooperative

Property Description

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 perfect 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!

Middle School	High School
Franklin Community Middle School	Franklin Community High School

Price History
5/8/2026	Listed $450,500
6/5/2026	2$445,000
6/19/2026	2$439,999
7/10/2026	2$434,900

General Features

Heating	Natural Gas,High Efficiency (90%+ AFUE )
Cooling	Central Air
Possession	Negotiable
Appliances	Gas Cooktop,Dishwasher,Electric Water Heater,MicroHood,Double Oven,Gas Oven,Refrigerator,Water Heater,Water Purifier,Water Softener Owned
HOA Fee	275
Garage Spaces	3
Patio/Porch Features	Covered,Patio
Architectural Style	Traditional
Construction Materials	Vinyl With Brick
Year Built	2025
View	Pond
Township	Franklin
Levels	Two
Property Subtype	Single Family Residence
Tax Year	2025
Waterfront Features	Pond
Assoc Fee Paid Per	Annually
County	Johnson
New Construction	No
Property Type	Residential
HOA	Yes
Subdivision Name	Bluffs At Young'S Creek
Garage Y/N	Yes
Total Rooms	12
Full Baths	3
Status	Active
Directions	GPS Friendly
High School	Franklin Community High School
City	Franklin
Disclosures	VA-Owned
High School District	Franklin Community School Corp
MLS Area	4105 - Johnson - Franklin
Lot Size Square Feet	9100
Property Attached Y/N	No
Current Financing	Assumable,Conventional,FHA,VA
Middle/Junior High School	Franklin Community Middle School
Standard Status	Active
Tax Lot	322
Virtual Tour	https://www.homeforsale.at/1261_PEGASUS_DRIVE_kutbyl-7apd?show_listing_video=1
Legal Description	THE BLUFFS AT YOUNGS CREEK SEC 5A LOT 322

Interior Features

Interior Amenities	Attic Access,Kitchen Island,Entrance Foyer,Hi-Speed Internet Availbl,In-Law Floorplan,Eat-in Kitchen,Pantry,Smart Thermostat,Supplemental Storage
Basement (Y/N)	No
Total Bedrooms	5
Main Level Bedrooms	1
LivingAreaSource	Assessor
Total Baths	3

Exterior Features

Parking Features	Attached,Concrete
Lot Features	Curbs,Sidewalks,Street Lights
Water Source	Public
Foundation Details	Slab
Building Area Total	3119
Lot Size Acres	0.21
Waterfront Y/N	Yes
Other Equipment	Smoke Alarm
Horse Amenities	None