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1572 Roberts Road

Franklin, IN 46131

PendingListed Aug 5, 2026 · 52 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,225 sqft
Lot
0.17 acres
Year built
1961
Type
Residential · Single Family Residence
Stories
One
MLS #
22118479
County
Johnson
Subdivision
Lochry

About this home

Don't miss this incredible opportunity to build instant equity! This affordable fixer-upper is packed with potential and is the perfect project for a homeowner ready to renovate and create their dream home, or an investor looking for their next flip or cash-flowing rental. The home's simple ranch layout keeps future maintenance easy and affordable, making it an excellent long-term investment once renovations are complete. Located in desirable Franklin, you'll enjoy all the benefits of one of Central Indiana's most sought-after communities, where strong buyer demand and a healthy housing market continue to make homeownership an attractive investment. Whether you're looking to roll up your sleeves and create equity or add another property to your investment portfolio, this is a value-packed opportunity you won't want to miss. Home is being sold as-is.

Description provided by the listing brokerage.

Interior

Appliances
Gas Water HeaterMicrowaveGas OvenRefrigerator
Interior features
Eat-in Kitchen
Windows
Aluminum Frames
Rooms
6
Main-level bedrooms
3

Exterior

Exterior features
Storage Shed
Patio and porch
Porch
Construction
Vinyl Siding
Foundation
Slab
Style
Ranch
Parking and garage
Gravel
Fencing
Full

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable Connected

Lot and HOA

Lot features
SidewalksStreet LightsMature Trees

Schools

School district
Franklin Community School Corp

Taxes

Estimated annual tax
$3,646 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,032per month, estimated
Principal and interest $681Property tax $304Insurance $47
20% · $27,000
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$135,000
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