540 E Indian Spring Dr
Silver Spring, MD 20901
Franklin Knolls- Studio
- 3 Baths
- 2,160 sqft
Studio
3 Baths
2,160 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1962
Living Area
2,160 sqft
Price/Sqft
$267
About this House
This single-family home is located at 540 E Indian Spring Dr, Silver Spring, MD. 540 E Indian Spring Dr is in the Franklin Knolls neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 3 bathrooms and approximately 2,160 sqft of floor space. This property has a lot size of 7877 sqft and was built in 1962.
540 E Indian Spring Dr, Silver Spring, MD 20901 is a studio, 3 bathroom, 2,160 sqft single-family home in Franklin Knolls, built in 1962. It last sold for $59,000 on Aug 23, 1974. It is currently off market. The Trulia Estimate is $575,700, with a rent estimate of $3,305/month.
Home Details for 540 E Indian Spring Dr
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Interior Details Basement |
Heating & Cooling Heating: OtherAir ConditioningHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: Other, Brick |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7877 sqft |
Price History for 540 E Indian Spring Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 08/23/1974 | $59,000 | Sold | N/A |
Market trends in Silver Spring
Last updated June 2026
Avg. sale price
$526K
$30.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$277
$2MoM
Available listings
717
1MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,901 |
| Assessment | $414,767 |
Home facts updated by county records
Comparable Sales for 540 E Indian Spring Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $640,000 | 01/05/26 | 5 | 3 | 2,160 | |
0.11 | Single-Family Home | $618,999 | 11/12/25 | 5 | 3 | 1,901 | |
0.26 | Single-Family Home | $680,000 | 08/04/26 | 4 | 3 | 2,324 | |
0.16 | Single-Family Home | $650,000 | 11/25/25 | 4 | 3 | 1,537 | |
0.33 | Single-Family Home | $555,000 | 06/30/26 | 4 | 2.5 | 2,050 | |
0.32 | Single-Family Home | $610,000 | 06/29/26 | 2 | 2.5 | 1,924 | |
0.52 | Single-Family Home | $163,320 | 03/18/26 | 3 | 3 | 2,500 | |
0.38 | Single-Family Home | $350,000 | 06/09/26 | 3 | 3 | 2,604 | |
0.39 | Single-Family Home | $608,000 | 03/20/26 | 4 | 3 | 2,100 | |
0.41 | Single-Family Home | $489,316 | 06/02/26 | 3 | 2.5 | 1,715 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 E Indian Spring Dr.
What Locals Say about Franklin Knolls
At least 1 Trulia users voted on each feature.
100 % Say neighbors are friendly
100 % Say car is needed
100 % Say people would walk alone at night
100 % Say streets are well-lit
100 % Say yards are well-kept
100 % Say parking is easy
50 % Say there's holiday spirit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 540 E Indian Spring Dr
Off Market Homes Near 540 E Indian Spring Dr
Frequently asked questions about 540 E Indian Spring Dr
- What is 540 E Indian Spring Dr estimated to be worth?Trulia's estimated value for 540 E Indian Spring Dr in Silver Spring, MD is $575,700.
- What is the price history for 540 E Indian Spring Dr?540 E Indian Spring Dr in Silver Spring, MD last sold for $59,000 in August 1974.
- Is Silver Spring a buyer's or seller's market?Silver Spring is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Silver Spring?The median sale price in Silver Spring is $526K. That is up $30.33K from the prior month.
- How big is the lot at 540 E Indian Spring Dr?The lot at 540 E Indian Spring Dr in Silver Spring, MD is about 0.18 acres (7,877 sq ft).