New Construction
Address
1188 Pegasus Drive, Franklin, IN
Price
$ 364,995
Property Attributes
  • MLS#22117925
  • TypeSingle Family
  • Listing Status Active
  • CountyJOHNSON
  • CityFranklin
  • AreaFranklin
  • NeighborhoodBluffs At YoungS Creek
  • Zip46131
  • StyleTraditional
  • Year Built2026
  • Taxes$ 3650
  • Price$ 364,995
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2631
  • Lot Size0.2 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Photos are of the same floor plan; finishes and features may vary. Projected for completion in early October 2026, this thoughtfully designed Palmetto plan by Arbor Homes in Bluffs at Young's Creek offers a spacious two-story layout with the peace of mind of new construction, a builder warranty, and truly turnkey living. This home features an inviting open-concept main level that seamlessly connects the kitchen, cafe, and great room, creating a comfortable space for everyday living and entertaining. A welcoming front porch and desirable Elevation B design add to the home's curb appeal, while a main-level guest suite with a full bath provides flexibility for visitors or multigenerational living. Upstairs, the private primary bedroom suite offers a relaxing retreat with a spacious en-suite bath and generous walk-in closets. Additional bedrooms, each with convenient walk-in closet access, and a versatile loft provide flexible space for a home office, media room, play area, or hobbies. A centrally located laundry room adds everyday convenience, while the rear patio extends the living space outdoors for relaxing or entertaining. Tucked away in a peaceful setting yet just minutes from Franklin's popular dining and shopping destinations, Bluffs at Young's Creek offers the perfect blend of convenience and a relaxed, country-like atmosphere. Enjoy nearby parks, seasonal farmers markets, local events, and opportunities for outdoor recreation, all while remaining close to a wide variety of restaurants, retail options, and everyday amenities. Experience the best of modern living with small-town charm. Learn more today!

Elementary School Middle School High School
Creekside Elementary School Franklin Community Middle School Franklin Community High School
Price History
8/4/2026 Listed $364,995

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher,Electric Water Heater,Microwave,Gas Oven
HOA Fee 275
Garage Spaces 2
Association Fee Includes Entrance Common,Maintenance
Patio/Porch Features Covered,Patio
Architectural Style Traditional
Construction Materials Vinyl With Brick
Year Built 2026
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Johnson
New Construction Yes
Property Type Residential
Association Amenities Maintenance,Pond Year Round
HOA Yes
Subdivision Name Bluffs At Young'S Creek
Garage Y/N Yes
Total Rooms 10
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 8750
Elementary School Creekside Elementary School
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School Franklin Community Middle School
Builder Name Arbor Homes
Standard Status Active
Tax Lot 298
Legal Description THE BLUFFS AT YOUNGS CREEK SEC 5A LOT 298

Interior Features

Interior Amenities Attic Access,Bath Sinks Double Main,High Ceilings,Kitchen Island,Entrance Foyer,In-Law Floorplan,Eat-in Kitchen,Pantry,Walk-In Closet(s)
Basement (Y/N) No
Laundry Features Connections All,Laundry Room,Upper Level
Total Bedrooms 5
Main Level Bedrooms 1
LivingAreaSource Builder
Total Baths 3

Exterior Features

Parking Features Attached,Concrete,Garage Door Opener
Water Source Public
Foundation Details Slab
Spa No
Building Area Total 2631
Lot Size Acres 0.2
Waterfront Y/N No
Other Equipment Smoke Alarm
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

Property vs Single Family Average in 46131

Price
AVG $430K
$360K
Taxes
AVG $3,564
$3,650
Year Built
AVG 1984
2026
Visits
AVG 59
33
Data Provided by Inside Real Estate®

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