# 1261 Pegasus Drive, Franklin, IN 46131 > **TL;DR:** 5bd/3ba single family, $434,900 ($139/sqft), built 2025, 3,119 sqft. > Waterfront, A/C, RV Parking. Est. $2,601/mo. Listed 128 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $434,900 | | Price/sqft | $139 | | Bedrooms | 5 | | Bathrooms | 3 full | | Square Feet | 3,119 | | Year Built | 2025 | | Lot Size | 9,148 sqft (0.21 acres) | | Stories | 2 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 128 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,199 | | Estimated Insurance | $127 | | HOA | $275 | | **Total** | **$2,601** | ## Nearby Schools - **Middle:** Franklin Community Middle School - **High:** Franklin Community High School ## Key Amenities - Waterfront - A/C - RV Parking ## Property Highlights - Built in 2025 - 0.21 acre lot - 2 stories - Waterfront ## Description ### Agent 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! ## Location - **Address:** 1261 Pegasus Drive, Franklin, IN 46131 - **County:** Johnson - **Neighborhood:** Bluffs At Young'S Creek - **Coordinates:** 39.466286, -86.077025 - **Google Maps:** https://www.google.com/maps?q=39.466286,-86.077025 ## Virtual Tour & Media - **Video Tour:** https://www.homeforsale.at/1261_PEGASUS_DRIVE_kutbyl-7apd?show_listing_video=1 ## Listing Agent - **Name:** Chloe Means - **Brokerage:** Carpenter Realtors - **Phone:** (800) 630-1727 - **Broker Phone:** (800) 630-1727 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1261-Pegasus-Dr_Franklin_IN_46131_M96357-68094?f=listhub&s=MIBORIN&m=22098798&c=propsimple) ## Photos ![1261 Pegasus Drive - Photo 1](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1363391572r.jpg) ![1261 Pegasus Drive - Photo 2](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1800741823r.jpg) ![1261 Pegasus Drive - Photo 3](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1855308746r.jpg) ![1261 Pegasus Drive - Photo 4](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1290769665r.jpg) ![1261 Pegasus Drive - Photo 5](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f550062992r.jpg) ![1261 Pegasus Drive - Photo 6](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3351510295r.jpg) ![1261 Pegasus Drive - Photo 7](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2416226631r.jpg) ![1261 Pegasus Drive - Photo 8](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1523072455r.jpg) ![1261 Pegasus Drive - Photo 9](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3212155067r.jpg) ![1261 Pegasus Drive - Photo 10](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1930170764r.jpg) ![1261 Pegasus Drive - Photo 11](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3099708869r.jpg) ![1261 Pegasus Drive - Photo 12](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f909872493r.jpg) ![1261 Pegasus Drive - Photo 13](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f908598216r.jpg) ![1261 Pegasus Drive - Photo 14](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1133302137r.jpg) ![1261 Pegasus Drive - Photo 15](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2020352820r.jpg) ![1261 Pegasus Drive - Photo 16](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2872104099r.jpg) ![1261 Pegasus Drive - Photo 17](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3170893885r.jpg) ![1261 Pegasus Drive - Photo 18](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1219300903r.jpg) ![1261 Pegasus Drive - Photo 19](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1263026790r.jpg) ![1261 Pegasus Drive - Photo 20](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f687128648r.jpg) ![1261 Pegasus Drive - Photo 21](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f4148834357r.jpg) ![1261 Pegasus Drive - Photo 22](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f4204683153r.jpg) ![1261 Pegasus Drive - Photo 23](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1302235006r.jpg) ![1261 Pegasus Drive - Photo 24](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1939069872r.jpg) ![1261 Pegasus Drive - Photo 25](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3438935632r.jpg) ![1261 Pegasus Drive - Photo 26](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3017714508r.jpg) ![1261 Pegasus Drive - Photo 27](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3195791266r.jpg) ![1261 Pegasus Drive - Photo 28](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3550912750r.jpg) ![1261 Pegasus Drive - Photo 29](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2051904627r.jpg) ![1261 Pegasus Drive - Photo 30](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3831220587r.jpg) ![1261 Pegasus Drive - Photo 31](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3112461250r.jpg) ![1261 Pegasus Drive - Photo 32](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f202336883r.jpg) ![1261 Pegasus Drive - Photo 33](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1163659245r.jpg) ![1261 Pegasus Drive - Photo 34](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3700474596r.jpg) ![1261 Pegasus Drive - Photo 35](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3515895514r.jpg) ![1261 Pegasus Drive - Photo 36](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3655755483r.jpg) ![1261 Pegasus Drive - Photo 37](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1429113246r.jpg) ![1261 Pegasus Drive - Photo 38](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1531594489r.jpg) ![1261 Pegasus Drive - Photo 39](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1517196013r.jpg) ![1261 Pegasus Drive - Photo 40](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f384265624r.jpg) ![1261 Pegasus Drive - Photo 41](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1578945778r.jpg) ![1261 Pegasus Drive - Photo 42](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3647356848r.jpg) ![1261 Pegasus Drive - Photo 43](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2225386575r.jpg) ![1261 Pegasus Drive - Photo 44](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f293208280r.jpg) ![1261 Pegasus Drive - Photo 45](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2903285561r.jpg) ![1261 Pegasus Drive - Photo 46](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2149856515r.jpg) ![1261 Pegasus Drive - Photo 47](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1812952430r.jpg) ![1261 Pegasus Drive - Photo 48](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f180253372r.jpg) ![1261 Pegasus Drive - Photo 49](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1527344679r.jpg) ![1261 Pegasus Drive - Photo 50](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2142173875r.jpg) ![1261 Pegasus Drive - Photo 51](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2523549338r.jpg) ![1261 Pegasus Drive - Photo 52](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2084067972r.jpg) ![1261 Pegasus Drive - Photo 53](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f1211948260r.jpg) ![1261 Pegasus Drive - Photo 54](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f406130151r.jpg) ![1261 Pegasus Drive - Photo 55](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2549440179r.jpg) ![1261 Pegasus Drive - Photo 56](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f3216330160r.jpg) ![1261 Pegasus Drive - Photo 57](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2151804146r.jpg) ![1261 Pegasus Drive - Photo 58](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2247968486r.jpg) ![1261 Pegasus Drive - Photo 59](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f845806650r.jpg) ![1261 Pegasus Drive - Photo 60](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2109367108r.jpg) ![1261 Pegasus Drive - Photo 61](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f263269784r.jpg) ![1261 Pegasus Drive - Photo 62](http://lh.rdcpix.com/0ec616c77a1121c246a9763d1bf7c3e3l-f2818674215r.jpg) --- **MLS#:** 22098798 | **Updated:** 2026-09-08 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1261-pegasus-drive-franklin-in-46131-22098798) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1261-pegasus-drive-franklin-in-46131-22098798#listing", "url": "https://www.propertysimple.ai/listing/1261-pegasus-drive-franklin-in-46131-22098798", "name": "1261 Pegasus Drive, Franklin, IN 46131", "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. 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