1261 Pegasus Drive, Franklin, IN 46131

• 5 beds |
• 3 baths |
• 3,119 sqft

Property Description

Welcome home to this spacious 5-bedroom, 3 full bath home offering over 3,100 square feet of living space in sought-after Franklin! Situated on a scenic pond lot, this home features an ideal layout with a private main-level 5th bedroom and full bath, perfect for guests, multi-generational living, or in-law quarters. Upstairs, you'll find 4 additional bedrooms including an oversized primary suite featuring two separate walk-in closets and a private ensuite bath. Natural light fills every room, creating a bright and inviting atmosphere throughout the home. The versatile flex room at the front of the home offers endless possibilities including a home office, reading nook, playroom, or potential 6th bedroom. Enjoy peaceful pond views from the sunroom located at the back of the home - the perfect place to relax and take in morning sunrises or evening sunsets. The kitchen is designed for both everyday living and entertaining with Frigidaire appliances, abundant cabinet space, a large center island, and a walk-in pantry. Step outside to the patio area complete with a gas hookup ready for outdoor grilling and gatherings. Conveniently located near schools, shopping, dining, and everything Franklin has to offer, this home combines space, functionality, and beautiful water views all in one!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:17AM

Listing Office:

Carpenter, REALTORS® : 317-661-9160

Listing Agent:

Chloe Means : 317-661-9160

MLS ID:

22098798

Interior

• General: Attic AccessKitchen IslandEntrance FoyerHi-Speed Internet AvailblIn-Law ArrangementEat-in KitchenPantrySmart ThermostatSupplemental Storage
• Appliances: Gas CooktopDishwasherElectric Water HeaterMicroHoodDouble OvenGas OvenRefrigeratorWater HeaterWater PurifierWater Softener Owned
• A/C: Central Air
• Heating: Natural GasHigh Efficiency (90%+ AFUE )

Exterior

• Style: Traditional
• Other Structures: PatioCovered
• Parking: AttachedConcrete

Construction

• General: TwoSlab

Location

• HOA Amenities: 275.0Annually
• Originating MLS: mibor
• School District: Franklin Community School Corp
• County: Johnson

Lot

• Zoning: THE BLUFFS AT YOUNGS CREEK SEC 5A LOT 322410822034045000009
• View: PondView

Utilities

• Water: Public

Financial

• Source: mibor