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240 N Forsythe St, Franklin, IN, 46131

3beds
2baths
2,976sqft
$265,000
$89price/sqft
$1,945/moest. monthly cost
$77,800/yrincome needed

About This Home

Welcome to 240 N Forsythe ST in FRANKLIN, IN, a delightful single-family residence built in 1952, offering a generous 1776 square feet of living space. This charming one-story abode sits on a sprawling 43,560 square foot lot, with a beautiful park-like setting, practically begging for your next grand adventure or perhaps just a really impressive game of tag, and just steps away from the Franklin Trail. With three cozy bedrooms, there's ample space for dreams, slumber parties, or even that elaborate fort you've always wanted to build. The home features one full bathroom, ready for bubbly baths and refreshing showers, and a convenient half bathroom, perfect for quick pit stops during your busy day. Don't let this playful pad slip away; it's waiting for its next chapter with you!

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

8/10
Webb Elementary SchoolGrades PK-40.5 mi
6/10

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Block
  • Construction materials: Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,MicroHood,Electric Oven,Refrigerator,Microwave
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Unfinished

Bedroom2

  • Level: Main
  • Area: 144
  • Dimensions: 12X12

Bedroom3

  • Level: Main
  • Area: 144
  • Dimensions: 12X12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 80
  • Dimensions: 10X8

Family Room

  • Level: Main
  • Area: 440
  • Dimensions: 22X20

Features

  • Hardwood Floors
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Non Functional
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 2,976
  • Total interior livable area: 2,976 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 10X8

Laundry

  • Level: Main
  • Area: 30
  • Dimensions: 6X5

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 15X12

Master Bedroom

  • Level: Main
  • Area: 100
  • Dimensions: 10X10

Property

Details

  • Parcel number: 410813032037000009
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch

Lot

  • Lot size: 1 Acres
  • Features: Not In Subdivision,On Trail,Street Lights,Mature Trees

Parking

  • Parking features: Carport
  • Carport: Yes

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
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Earthquake
Hail
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 $1,339$16,068
Home Insurance *$144$1,728
Property Taxes $190$2,280
Electricity $272$3,273
Total$1,945$23,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,685/yr
40% on housing$58,350/yr
45% on housing$51,866/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

$89This listing

vs Other Active Listings

Avg $/sqft

ZIP 46131$148
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$265,000
2026-07-29Price change$265,000
2026-07-13Pending sale$285,000
2026-07-09Price change$285,000
2026-07-01Price change$295,000
2026-06-13Listed for sale$299,000

For Sale by Agent

AgentRay Stuck
BrokerageHomeXpert, Ray Stuck & Co.

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