492 Pelenor Drive

Franklin, IN
$ 409,900 Beds 6 Baths 3.5 Sq 3,720
Monthly Estimate* How much can I afford?

You truly have to see this home to understand how much space it offers. With 6 bedrooms, more than 3,600 square feet, an in-ground pool, and an in-home elevator, this is not an ordinary Franklin home. Located in the established Camelot neighborhood with no HOA, the flexible floor plan offers room for everyone to live, gather, work, and unwind. Whether you need space for a large household, extended family, frequent guests, home offices, hobbies, or a more private living arrangement, this home provides possibilities that are difficult to appreciate from photos alone. One of its most remarkable features is the in-home elevator, offering convenient access between levels and making the home more functional for family members and guests of different ages and mobility needs. A step-in shower and thoughtfully placed grab bars further support comfortable, long-term living. Outside, the fully fenced backyard and in-ground pool create a private setting for summer fun, entertaining, celebrations, or simply relaxing at home. The property also includes dedicated RV parking with an electrical hookup and cleanout station, providing even more flexibility for travel, visiting guests, or additional storage. Homes with this combination of size, versatility, accessibility features, and outdoor amenities are exceptionally rare. The photos only begin to tell the story-schedule a private showing and come experience just how much this home has to offer. Some photos have been virtually staged using AI-generated furnishings, decor, landscaping, and/or lighting to illustrate the home's potential. These images are for visualization purposes only and may not represent the property's current condition. Items shown are not included in the sale. Buyers should rely on in-person observations and unaltered photographs when evaluating the property.

Active

  • Price
  • $ 409,900
  • City
  • Franklin
  • Bedrooms
  • 6
  • Full Bathrooms
  • 3
  • County
  • JOHNSON
  • Half Bathrooms
  • 1
  • Area
  • Franklin
  • Lot Size
  • 0.27 Acres
  • Zip
  • 46131
  • Sqr Footage
  • 3,720
  • Year Built
  • 1977
  • Taxes
  • $ 3146
  • Style
  • Split Level
  • MLS#
  • 22074628
Listed By: Kimberlee Peters with Kimberlee Peters;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Possession Negotiable
Appliances Dishwasher,Electric Water Heater,Disposal,Electric Oven,Range Hood,Refrigerator,Other
Garage Spaces 2
Patio/Porch Features Covered,Deck,Patio
Architectural Style Split Level
Pool Features In Ground,Liner
Construction Materials Vinyl With Brick,Brick
Year Built 1977
View Neighborhood
Township Franklin
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Accessible Entrance,Stair Lift
County Johnson
New Construction No
Property Type Residential
HOA No
Subdivision Name Camelot
Facing Direction East
Garage Y/N Yes
Total Rooms 14
Full Baths 3
Status Active
Directions GPS Friendly
High School Franklin Community High School
City Franklin
High School District Franklin Community School Corp
MLS Area 4105 - Johnson - Franklin
Lot Size Square Feet 11892
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School Franklin Community Middle School
Standard Status Active
Tax Lot 14
Legal Description Camelot Add 4th Lot 14 Mp Franklin Communi

Interior Features

Interior Amenities Attic Access,Elevator,Paddle Fan,Hi-Speed Internet Availbl,Pantry,Supplemental Storage,Walk-In Closet(s),Wood Work Stained
Total Fireplaces 1
Fireplace Features Great Room,Wood Burning
Basement (Y/N) No
Half Baths 1
Laundry Features Connections All,Laundry Room,Main Level,Sink
Total Bedrooms 6
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Exterior Amenities Lighting,Balcony
Fencing Full,Privacy,Gate
Parking Features Attached
Lot Features Sidewalks,Storm Sewer,Street Lights,Mature Trees,Trees-Small (Under 20 Ft)
Water Source Public
Foundation Details Block
Spa No
Building Area Total 3720
Lot Size Acres 0.27
Waterfront Y/N No
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Franklin Community Middle School
High School Franklin Community High School

Price History

11/24/2025 Listed $409,900

Property vs Zip Code Average in 46131

Price
AVG $400K
$410K
Taxes
AVG $3,454
$3,146
Year Built
AVG 1985
1977
Visits
AVG 50
188
Data Provided by Inside Real Estate®

492 Pelenor Drive Franklin, IN is a Single Family Home for sale at $409900 with 3720 sqft and a lot size of 0.27 Acres Acre(s). 492 Pelenor Drive Franklin has 6 bedrooms, 3 baths and was built in 1977. The property's zip code is 46131 which is in Franklin, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.