Pending

$255,000

Est. $1,780/mo —

•

2,059

sq ft

949 Colonial Way, Franklin, IN 46131

About this home

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

Single-familyProperty Type

2008Year Built

6,011 sq ftLot Size

$124Price/Sq.Ft.

$33/moHOA Dues

2 car garageParking

Listed by Shelby Farrar • Opendoor Brokerage LLC

Listing updated: Oct 5, 2026 at 05:41pm

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22121302

Payment calculator

$1,780 per month

Principal and interest$1,444

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

$233,000
4 beds1.5 baths1,333 sq ft
1036 Eastlawn Dr, New Whiteland, IN 46184
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4 beds2.5 baths3,299 sq ft
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2382 Zion Trl, Greenwood, IN 46143
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$350,000
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5484 Steven Dr, Greenwood, IN 46142
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$403,900
5 beds3 baths2,600 sq ft
5926 Aleppo Ln, Greenwood, IN 46143
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
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6 beds3.5 baths3,420 sq ft
3802 Flora Dr, Franklin, IN 46131
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
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Around this home

Schools

K - 12
Preschool & daycare

Needham Elementary School

Public PreK-4 • Assigned • 1.2mi

6/10

Franklin Community Middle School

Public 7-8 • Assigned • 1.7mi

6/10

Franklin Community High School

Public 9-12 • Assigned • 2.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

949 Colonial Way · $255,000

Strong offer

$255K and above

75% chance or better to win

Why $255K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 33 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Dishwasher
Microwave
Electric oven
Forced air heating
Other cooling

Bedrooms
Three bedrooms on the upper level

Bathrooms
Two full bathrooms (both on the upper level)

Kitchen
Dishwasher
Microwave
Electric oven

Laundry & utility
No specific laundry details listed

Heating & cooling
Forced air heating
Other cooling

Sale and tax history for 949 Colonial Way

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22121302

Oct 5, 2026

Pending

—

Sep 23, 2026

Price Changed

$255,000

$124/sq ft

Sep 9, 2026

Price Changed

$261,000

$127/sq ft

Aug 27, 2026

Price Changed

$267,000

$130/sq ft

Aug 19, 2026

Listed

$271,000

$132/sq ft

Public Records

Jul 10, 2026

Sold

$281,000

$136/sq ft

MIBOR as Distributed by MLS Grid #21734458

Oct 15, 2020

Sold

$189,900

$92/sq ft

Sep 11, 2020

Pending

—

Sep 6, 2020

Pending

—

Aug 21, 2020

Listed

$189,900

$92/sq ft

+17

Looking for a beautiful home close to everything? Come check out what this 3 bedroom 2.5 bathroom home in Heritage has to offer! Plenty of room to entertain in the family room, living room, AND loft! Spacious master bedroom with large bathroom, linen closet, and walk-in closet! Two more spacious bedrooms with LOTS of natural lighting! Head out to the backyard and enjoy the peacefulness of having a pond in your backyard! This one won’t last long, don’t miss out!

Year

Property tax

Land + Additions

Assessment*

2024

$2,511 (+3.3%)

$31,000 + $202,900

$233,900

2023

$2,431 (+8.0%)

$31,000 + $196,300

$227,300

2022

$2,251 (+17.9%)

$31,000 + $188,900

$219,900

2021

$1,910 (+15.7%)

$31,000 + $171,300

$202,300

2020

$1,650 (+6.7%)

$31,000 + $141,600

$172,600

2019

$1,547 (+12.3%)

$31,000 + $119,000

$150,000

2018

$1,377 (+10.1%)

$12,500 + $128,500

$141,000

2017

$1,251 (−1.2%)

$12,500 + $125,200

$137,700

2016

$1,266 (+9.0%)

$12,500 + $111,600

$124,100

2015

$1,162 (+2.7%)

$12,500 + $111,600

$124,100

2014

$1,131 (−0.9%)

$19,500 + $95,700

$115,200

2013

$1,141

$19,500 + $93,600

$113,100

Public record

Public record
Zoning

Beds

—

Baths

2.5

Stories

Lot width

50 ft.

Lot depth

119 ft.

Lot size

6,011 Sq. Ft.

Year renovated

2008

Finished Sq. Ft.

2,059

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,059

Year built

2008

Style

Single Family Residential

County

Johnson County

APN

410812022073000018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

PUD

Planned Unit Development District

The purpose of these regulations is to provide greater design flexibility in the development of land when consistent with the comprehensive plan and intent of the zoning and subdivision control ordinances. Planned unit development regulations are intended to encourage innovations in land development techniques so that unique opportunities and circumstances may be met with greater flexibility. Planned unit developments should be used to address unique environmental concerns, provide a unique mix of land uses, and implement the comprehensive plan in ways not considered by the established zoning districts. A planned unit development should not be used if the proposed development can be created using established zoning districts.

Permitted uses

Include but are not limited to:

No uses permitted by right

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Franklin, IN • 46131

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 949 Colonial Way

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $170,000 and $300,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $170K to $300K.

SOLD SEP 4, 2026
$225,000 Last sold price
4 beds2.5 baths1,663 sq ft
2375 Bristol Dr, Franklin, IN 46131
$11/sq ft
smaller lot
10 years newer
SOLD AUG 28, 2026
$244,900 Last sold price
3 beds1.5 baths1,338 sq ft
185 Oliver Ave, Franklin, IN 46131
$59/sq ft
larger lot
45 years older
SOLD JUL 24, 2026
$170,000 Last sold price
2 beds1 bath2,112 sq ft
851 Duane St, Franklin, IN 46131
$44/sq ft
larger lot
73 years older
SOLD AUG 20, 2026
$279,900 Last sold price
3 beds2.5 baths1,685 sq ft
1137 N Aberdeen Dr, Franklin, IN 46131
$42/sq ft
13 years newer
SOLD JUL 23, 2026
$300,000 Last sold price
4 beds2.5 baths2,288 sq ft
2411 Bristol Dr, Franklin, IN 46131
$7/sq ft
9 years newer
SOLD JUN 26, 2026
$250,000 Last sold price
3 beds2 baths2,133 sq ft
598 Johnson Ave, Franklin, IN 46131
$7/sq ft
larger lot
138 years older

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Antwon Culbreath

Franklin Redfin Agent

Responds in 4 business hours

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 949 Colonial Way

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 949 Colonial Way

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 46131

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