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949 Colonial Way

Franklin, IN 46131

PendingListed Aug 19, 2026 · 48 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,059 sqft
Lot
0.14 acres
Year built
2008
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22121302
County
Johnson
Subdivision
Heritage

About this home

949 Colonial Way is a two-story Franklin home with a two-car garage, backing to the community pond. The kitchen features dark cabinetry, a center island, and stainless steel appliances, opening into a connected living and dining area. Upstairs, an open loft provides additional living space, and the primary bathroom includes a soaking tub, separate shower, and a walk-in closet. This two-story layout offers comfortable living in the Heritage community. Included 100-Day Home Warranty with buyer activation

Description provided by the listing brokerage.

Interior

Appliances
MicrowaveDishwasherElectric Oven
Windows
Vinyl Windows
Rooms
18

Exterior

Construction
Vinyl Siding
Foundation
Slab
Parking and garage
Attached

Systems

Heating
Forced Air
Water
Public

Lot and HOA

HOA fee
$400 / annually

Schools

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

Taxes

Estimated annual tax
$2,392 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,607per month, estimated
Principal and interest $1,285Property tax $199Insurance $89HOA $33
20% · $51,000
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$255,000
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