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Updated 5+ Days Ago
Location
4007 Magnolia Dr, Franklin, IN 46131, USA
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Property Overview
4007 Magnolia Dr offers a practical living option with in-unit washer and dryer hookups, 16 photos for a clearer preview, and solid value for money relative to nearby properties. It also sits about 4.35 miles from the nearest top-rated high school, adding to its overall appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Images Available
Great for
Work-from-home
Amenities for 4007 Magnolia Dr
Appliances
| Garbage Disposal |
Community
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
All Policy
Allowed
Limit3
About 4007 Magnolia Dr
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 2-bathroom rental home in Franklin, IN, might be the perfect fit for your lifestyle. W/D hookups make laundry time less stressful. See the pictures to learn more. And apply soon – homes can go fast! Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see the Rental Fees page on the FirstKey Homes website. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent; you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities (including St. Louis and Chicago) require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4007 Magnolia Dr compares to other nearby properties.
Positives
- High school nearby
- There is a high school 4.4 miles away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this property
- Pool
- Enhanced community features
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1.3 miles away
Address details
| Zip code | 46131 |
|---|---|
| Type | House for rent |
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3-bedroom apartments at 4007 Magnolia Dr cost about 4% less than the average rent price for 3-bedroom apartments in Franklin.
Median rents as of Oct 31 2026.
Franklin
| Month | Median Rent |
|---|---|
| November 2024 | $1,598 |
| December 2024 | $1,577 |
| January 2025 | $1,678 |
| February 2025 | $1,730 |
| March 2025 | $1,746 |
| April 2025 | $1,715 |
| May 2025 | $1,729 |
| June 2025 | $1,798 |
| July 2025 | $1,707 |
| August 2025 | $1,685 |
| September 2025 | $1,642 |
| October 2025 | $1,627 |
| November 2025 | $1,587 |
| December 2025 | $1,636 |
| January 2026 | $1,673 |
| February 2026 | $1,637 |
| March 2026 | $1,691 |
| April 2026 | $1,798 |
| May 2026 | $1,840 |
| June 2026 | $1,799 |
| July 2026 | $1,768 |
| August 2026 | $1,720 |
| September 2026 | $1,771 |
| October 2026 | $1,728 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 months ago | $1,635 |
Schools near 4007 Magnolia Dr
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Webb Elementary School
1400 webb ct
franklin, IN, 46131
PK, K-4Public
B
Walnut Grove Elementary School
4079 north morgantown rd
bargersville, IN, 46106
K-5Public
A
Creekside Elementary School
700 e sr 44
franklin, IN, 46131
PK, K-4Public
B+
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Neighborhood
Getting around Franklin near 4007 Magnolia Dr
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 4007 Magnolia Dr, Franklin
Groceries
2/10
Some groceries within a short drive
Shopping
2/10
Few or no shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
3/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within a short drive
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