Property profile

4363 State Road 252 Franklin, IN 46131

OFF-MARKET
Land
Property ID
US31-0401533
55 ac lot
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Property summary

AI-generated overview

This exceptional 55-acre Johnson County, Indiana estate presents a unique investment opportunity. The property boasts a remodeled, approximately 4,600 sq ft main house featuring modern updates, a new roof (less than two years old), a geothermal heat pump (installed 2019), and a backup propane generator. Additional structures include two cabins, a 3,000 sq ft pole barn complete with a fully equipped Tiki bar, and several sheds. A picturesque 12-acre stocked lake serves as a stunning centerpiece, complemented by 19.3 acres of pastureland. Excellent accessibility is provided by 510 feet of road frontage on State Road 252 and 50 feet on 500 S. Two campsites, one with power, add to the recreational potential. The property is comprised of multiple parcels, offering flexibility for various uses, from a family compound to an event venue. APN numbers are 41-12-07-031-001.000-004, 41-12-07-042-015.000-004, 41-12-07-034-001.000-004, and 41-12-07-043-023.004-004. The asking price is $2,690,000. Located at 4363 E State Rd 252, Franklin, IN 46131.

Property profile

Verified
Property type Land
Lot 55 ac (2,395,800 SF)
UPID US31-0401533

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4363 State Road 252 Franklin, IN 46131
Franklin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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