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2038 Flamingo Way, Franklin, IN, 46131

2beds
2baths
1,182sqft
$230,000
$195price/sqft
$1,650/moest. monthly cost
$66,000/yrincome needed

About This Home

Welcome to 2038 Flamingo WAY. Bring your toothbrush and move right in to this pristine updated cozy single-family residence built in 1996, offering 1182 square feet of thoughtfully designed living space in FRANKLIN, IN. This delightful one-story home presents an opportunity for comfortable living with a focus on ease and accessibility. Updates abound! New refrigerator, electric range, newer dishwasher, fresh new countertop and painted white cabinetry. Master bath has ample walk in shower and new countertop for oversized sink. Perfect flooring throughout! Exceptional wood trim throughout. Updated half bath. Epoxy flooring in the garage. Additional concrete pad at driveway for additional parking. Flower beds low maintenance. Beautiful oversized sun room with screened windows and ceiling fans. New light fixtures abound in this fabulous home. Cozy private open air patio. Mechanicals are newer. Security lights and alarm in back area. The residence encompasses two comfortable bedrooms, providing private retreats for rest and rejuvenation. Complementing these are one full bathroom and one half bathroom, offering convenience and functionality for residents and guests alike. Low maintenance living with HOA mowing and snow removal. To truly appreciate the understated elegance and functional layout of this home, schedule your personal viewing today.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1996

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,MicroHood,Electric Oven,Refrigerator,Water Heater,Water Softener Owned,Microwave,Washer,Dryer
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

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

Features

  • Attic Pull Down Stairs,Cathedral Ceiling(s),Walk-In Closet(s),Eat-in Kitchen,Entrance Foyer
  • Attic: Pull Down Stairs

Great Room

  • Level: Main
  • Area: 464
  • Dimensions: 16x29

Heating & Cooling

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

Interior Area

  • Total structure area: 1,182
  • Total interior livable area: 1,182 sqft

Kitchen

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

Master Bedroom

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Sun Room

  • Level: Main
  • Area: 144
  • Dimensions: 9x16

Property

Accessibility

  • Accessibility features: Hallway - 36 Inch Wide,Accessible Approach with Ramp,Accessible Doors,Accessible Entrance

Details

  • Parcel number: 410815021045000009
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Covered
  • Exterior features: Gutter Guards,Lighting
  • Fencing: Fenced,Gate

Lot

  • Lot size: 4,356 sqft
  • Features: Sidewalks,Street Lights,Mature Trees

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Hail
Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Earthquake
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 $1,163$13,956
Home Insurance *$125$1,500
Property Taxes $178$2,136
Electricity $184$2,212
Total$1,650$19,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,571/yr
40% on housing$49,500/yr
45% on housing$44,000/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

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 46131$147
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
2026-07-15Listed for sale$230,000
2023-08-31Sold$205,000
2018-01-05Sold$123,500
2017-12-29Pending sale$124,900
2017-11-29Listed for sale$124,900
2010-12-30Sold$102,500
2010-08-15Listed for sale$107,900

For Sale by Agent

AgentDawn Manis
BrokerageManis Group

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