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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Franklin, Indiana and the rest of Hamilton County. Book a private tour of 492 Pelenor Drive in Camelot, ask any question about this home, or talk through what you should know about buying in Franklin.

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ABOUT THIS HOME

If you've been searching for a home that truly has space for everyone-this is the one. Located in the desirable Camelot neighborhood in Franklin with no HOA, this expansive 6-bedroom, 3.5-bath home offers over 3,600 square feet of flexible living designed to fit real life. Whether you need room for extended family, separate work-from-home spaces, or simply want everyone to have their own place to unwind, this layout delivers. A rare feature you won't often find-an in-home elevator-adds convenience and accessibility, making this home ideal for multi-generational living or long-term ease. Step outside and you'll find your own private retreat. The in-ground pool creates the perfect setting for summer gatherings, while the fully fenced backyard offers space to relax, play, and entertain. For those needing even more functionality, this property stands out with dedicated RV parking, complete with electrical hookup and cleanout station-perfect for travel lovers or those needing extra storage solutions. Homes with this level of space, versatility, and unique features are hard to find-especially at this price point. If your current home no longer fits your lifestyle, this could be the upgrade you've been waiting for. In-ground pool is open and ready for the season.

Listed by Kimberlee Peters· Kimberlee Peters· MLS# 22074628
Pending150 days on market

$409,900

6Beds
3.1Baths
3,720Sq Ft

If you've been searching for a home that truly has space for everyone-this is the one. Located in the desirable Camelot neighborhood in Franklin with no HOA, this expansive 6-bedroom, 3.5-bath home offers over 3,600 square feet of flexible living designed to fit real life. Whether you need room f...

Listed by Kimberlee Peters· Kimberlee Peters· MLS# MBR22074628

3,720

Sq Ft

1977

Year Built

6

Bedrooms

3.1

Bathrooms

Key things to know

  • Private pool
  • Fireplace
  • Camelot subdivision

Price history

  1. PendingAccepted offer

    Apr 21, 2026

  2. Listedat $409,900

    Nov 23, 2025

Comparative value

5 comps in this range

This home is 1.2% above median for similar nearby sales.

$365K$472KMedian $405K
$410K

FEATURES & AMENITIES

Interior

Attic AccessElevatorPaddle FanHardwood FloorsHi-Speed Internet AvailblPantrySupplemental StorageWalk-In Closet(s)Wood Work Stained

Exterior

LightingBalcony

Climate

Heat: Forced AirHeat: ElectricCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $409,900Listed· Nov 23, 2025

150 days on market

Layout

Main
21.16 rooms1,549 sq ft
Upper
428 rooms2,171 sq ft

Primary suite

Closet Walk in

Primary bath

Sinks Double,Suite,Tub Full with Shower

Schools

Franklin Community School Corp

  • Middle

    Franklin Community Middle School

  • High

    Franklin Community High School

Neighborhood

  • Downtown Indianapolis19.9 mi
  • Monon Trail (Carmel)32.7 mi
  • IU Health North Hospital32.9 mi
  • Fishers High School33.3 mi
  • Carmel High School33.4 mi
  • Carmel Central Park33.4 mi

PROPERTY DETAILS

Living Area

3,720 sq ft

Year Built

1977

Stories

Multi/Split

Subdivision

Camelot

Bedrooms

6

Bathrooms

3 full, 1 half

Garage

2 spaces

School District

Franklin Community School Corp

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