949 Colonial Way

Franklin, IN
$ 255,000 Beds 3 Baths 2 Sq 2,059
Monthly Estimate* How much can I afford?

949 Colonial Way is a two-story Franklin home with a two-car garage, backing to the community pond. The kitchen features dark cabinetry, a center island, and stainless steel appliances, opening into a connected living and dining area. Upstairs, an open loft provides additional living space, and the primary bathroom includes a soaking tub, separate shower, and a walk-in closet. This two-story layout offers comfortable living in the Heritage community. Included 100-Day Home Warranty with buyer activation

Active

  • Price
  • $ 255,000
  • City
  • Franklin
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • JOHNSON
  • Half Bathrooms
  • 0
  • Area
  • Needham
  • Lot Size
  • 0.14 Acres
  • Zip
  • 46131
  • Sqr Footage
  • 2,059
  • Year Built
  • 2008
  • Taxes
  • $ 2392
  • Style
  • MLS#
  • 22121302
Listed By: Shelby Farrar with Opendoor Brokerage LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Other
Possession Closing
Appliances Microwave,Dishwasher,Electric Oven
HOA Fee 400
Garage Spaces 2
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 2008
Township Needham
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Johnson
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Heritage
Garage Y/N Yes
Total Rooms 18
Full Baths 2
Status Active
Directions SW on Hurricane Rd R on E County Rd 300 N L on Hurricane Rd R on Brookshire Dr 3rd exit at traffic circle onto Cedarmill Dr R on Colonial Way
High School Franklin Community High School
City Franklin
High School District Franklin Community School Corp
MLS Area 4104 - Johnson - Needham
Lot Size Square Feet 6011
Property Attached Y/N No
Current Financing Conventional,VA
Middle/Junior High School Franklin Community Middle School
Additional Parcels Y/N No
Standard Status Active
Tax Lot 363
Legal Description Heritage Section 3 Lot 363 Mp Franklin Communi

Interior Features

Basement (Y/N) No
Total Bedrooms 3
LivingAreaSource Broker
Total Baths 2

Exterior Features

Parking Features Attached
Water Source Public
Foundation Details Slab
Building Area Total 2059
Lot Size Acres 0.14
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

8/20/2026 Listed $271,000
8/27/2026 2% - $267,000
9/10/2026 3% - $261,000
9/24/2026 3% - $255,000

Property vs Zip Code Average in 46131

Price
AVG $400K
$260K
Taxes
AVG $3,454
$2,392
Year Built
AVG 1985
2008
Visits
AVG 50
32
Data Provided by Inside Real Estate®

949 Colonial Way Franklin, IN is a Single Family Home for sale at $255000 with 2059 sqft and a lot size of 0.14 Acres Acre(s). 949 Colonial Way Franklin has 3 bedrooms, 2 baths and was built in 2008. 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.