Key facts
- Beds
- 3
- Baths
- 2 full · 1 half
- Living area
- 1,542 sqft
- Lot
- 0.17 acres
- Year built
- 2000
- Type
- Residential · Single Family Residence
- Stories
- Two
- Garage
- 2 spaces
- MLS #
- 22124814
- County
- Johnson
- Subdivision
- Knollwood Farms
About this home
Welcome to 4039 Magnolia Dr! This well-maintained 3-bedroom, 2.5-bath home offers a great combination of updates, comfort, and outdoor space. Major improvements include a new roof and gutters in 2024, providing valuable peace of mind, along with a new water heater in 2024, windows in 2020, laminate flooring in 2019, and can lights added in 2025. The appliances stay, and the insulated and finished garage offers additional versatility for parking, storage, hobbies, or a workshop. Outside, you'll love the huge, fully fenced backyard that feels incredibly private, complete with a back deck that creates a great space for relaxing, entertaining, or enjoying the outdoors. With no HOA, you have the freedom to make the most of your property. Conveniently located in Franklin, this home is ready for its next owner and offers plenty of updates already completed.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Laundry
- Windows
- Rooms
- 6
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- Other equipment
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- Middle school
- Franklin Community Middle School
- High school
- Franklin Community High School
- School district
- Franklin Community School Corp
Taxes
- Estimated annual tax
- $2,012 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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