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1196 Pegasus Drive

Franklin, IN 46131

PendingListed Jun 29, 2026 · 99 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,687 sqft
Lot
0.2 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22110445
County
Johnson
Subdivision
Bluffs At Young's Creek
New construction
Yes

About this home

Photos are of the same floor plan; finishes and features may vary. Projected for completion in early September 2026, this thoughtfully designed Arbor home in the Bluffs at Young's Creek offers a well-planned single-level layout with the peace of mind of new construction, a builder warranty, and truly turnkey living. This home features an inviting open-concept design that seamlessly connects the kitchen, dining area, and great room, creating a spacious environment ideal for everyday living and entertaining. A covered front porch and a front exterior of brick and siding add welcoming curb appeal. The primary bedroom suite provides a private retreat with an en-suite bath including a double vanity and spacious shower, while additional bedrooms offer flexibility for a home office, guest space, or hobbies. A conveniently located laundry room adds to the home's functional layout, while a rear patio extends the living space outdoors for relaxing or entertaining. The Bluffs at Young's Creek is ideally situated near Franklin's popular dining and shopping destinations, offering a peaceful setting with easy access to parks, local events, and everyday conveniences. Residents enjoy a balance of small-town charm and accessibility, creating an inviting and well-rounded community atmosphere. Learn more today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterMicrowaveGas Oven
Interior features
Attic AccessBath Sinks Double MainEntrance FoyerEat-in KitchenPantryWalk-In Closet(s)
Laundry
Connections AllLaundry Room
Windows
Low-Emissivity WindowsVinyl Windows
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
CoveredPatio
Construction
Vinyl With Brick
Foundation
Slab
Style
Traditional
Parking and garage
AttachedConcrete
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$275 / annually
HOA fee includes
Entrance CommonMaintenance
HOA amenities
MaintenancePond Year Round

Schools

Elementary school
Creekside Elementary School
Middle school
Franklin Community Middle School
High school
Franklin Community High School
School district
Franklin Community School Corp

Taxes

Estimated annual tax
$3,240 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,013per month, estimated
Principal and interest $1,608Property tax $270Insurance $112HOA $23
20% · $63,799
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$318,995
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