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940 Sagittarius Ave, Franklin, IN, 46131

4beds
3baths
2,639sqft
$400,000
$152price/sqft
$2,824/moest. monthly cost
$112,960/yrincome needed

About This Home

This gorgeous Franklin home checks all the boxes! 4 bedrooms, 3 W/I closets, spacious loft, bonus room, full bath on the main level and a primary closet you'll have to see to believe! From the moment you step inside, you'll feel right at home in this beautifully designed, almost-new construction home where comfort, style, and space come together effortlessly. Filled with natural light and thoughtfully designed for today's lifestyle, the open-concept layout creates the perfect setting for everything from quiet mornings with coffee to hosting family and friends for unforgettable gatherings. With 4 spacious bedrooms and a versatile loft upstairs and a main-level office or guest room paired with a full bath, this home offers the flexibility to grow with your family's needs. The heart of the home is the stunning kitchen, seamlessly flowing into the expansive living and dining areas making everyday moment feel connected. Step outside to your own private retreat where the large, fully fenced backyard provides the perfect backdrop for summer barbecues, gardening or simply unwinding. Located just minutes from the heart of Franklin, you'll enjoy the charm of a vibrant downtown filled with locally owned shops, delicious restaurants, parks, festivals, and a welcoming community that truly feels like home!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Construction materials: Brick,Vinyl With Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,ENERGY STAR Qualified Water Heater,ENERGY STAR Qualified Appliances,Disposal,Gas Water Heater,MicroHood,Microwave,Electric Oven,Refrigerator,Washer,Water Heater,Water Softener Owned
  • Laundry features: Upper Level

Bedroom2

  • Level: Upper
  • Area: 156
  • Dimensions: 12x13

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedroom4

  • Level: Upper
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Features

  • High Ceilings,Tray Ceiling(s),Kitchen Island,Entrance Foyer,Ceiling Fan(s),High Speed Internet,Eat-in Kitchen,Pantry,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Foyer

  • Level: Main
  • Area: 60
  • Dimensions: 6x10

Great Room

  • Level: Main
  • Area: 320
  • Dimensions: 16x20

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,639
  • Total interior livable area: 2,639 sqft

Kitchen

  • Level: Main
  • Area: 324
  • Dimensions: 18x18

Laundry

  • Level: Upper
  • Area: 60
  • Dimensions: 6x10

Loft

  • Level: Upper
  • Area: 252
  • Dimensions: 14x18

Master Bedroom

  • Level: Upper
  • Area: 255
  • Dimensions: 15x17

Office

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 410822042105000009
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Fencing: Fenced,Full,Privacy

Lot

  • Lot size: 9,583 sqft
  • Features: Curbs,Sidewalks,Storm Sewer,Street Lights,Suburb

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Hail
Heat Wave
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$218$2,616
Property Taxes $343$4,116
Electricity $241$2,902
Total$2,824$33,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,822/yr
40% on housing$84,720/yr
45% on housing$75,306/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 46131$146
Johnson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46131$164
Johnson County$151

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$400,000
2026-07-13Price change$410,000
2026-06-24Listed for sale$415,000

For Sale by Agent

AgentJace Ferris
BrokerageJMG Indiana

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