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Franklin, IN Homes for Sale

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  • /54

    $351,500

    $28K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,954 Sq Ft

    3151 E 150 S, Franklin, IN 46131

    Lovingly cared for by the same owner for 30 years, this one-of-a-kind home offers character, flexible living space, and an outdoor retreat you simply have to experience in person. A welcoming front porch surrounded by blooming trees and colorful landscaping sets the tone. Inside, the main level features abundant built-in storage, a dedicated home office overlooking the whimsical backyard, and a

    Agent Photo

    Angi Oakes

    Berkshire Hathaway Home

    3151 E 150 S, Franklin, IN 46131
  • /32

    $298,000

    $32K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 2,072 Sq Ft

    1268 W 100 N, Franklin, IN 46131

    Back on the market with a NEW PRICE! Beautiful Franklin ranch home on 1.15 Acre corner lot! Country living but yet minutes to downtown Franklin or Bargersville. Living room/hearth room with Fireplace. Primary bedroom with Walk-in closet. Full bath is huge and has corner Garden tub and separate 60" walk-in shower. And check out the size of this family room! Improvements include: New Roof, all new

    Agent Photo

    Don Harrington

    F.C. Tucker Company

    1268 W 100 N, Franklin, IN 46131
  • /29

    $210,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,223 Sq Ft

    942 Brookstone Dr, Franklin, IN 46131

    Easy to maintain 3 bedroom home now available in Brookhaven! This home features new lighting, a programmable thermostat, laminate flooring and kitchen appliances. The living room offers lots of natural sunlight, and is joined by the dining area. Always be a part of the conversation while preparing meals in the kitchen with the half wall that allows for an open flow. The laundry room also

    Agent Photo

    Sheri Jones

    Hoosier, REALTORS®

    942 Brookstone Dr, Franklin, IN 46131
  • /82

    $399,899

    • 4 Beds
    • 4 Baths

    275 E Madison St, Franklin, IN 46131

    Excellent opportunity to own a well-maintained duplex on a prominent corner lot just blocks from historic downtown Franklin and Franklin College. Each unit offers approximately 1,100+ square feet with 2 bedrooms, 2 baths, spacious living room with fireplace, large kitchen, hardwood floors, charming built-ins, and a full unfinished basement providing abundant storage and laundry space. Separate

    Agent Photo

    Paul Gorrell

    CrestPoint Real Estate

    275 E Madison St, Franklin, IN 46131
  • /39

    $247,000

    $8K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,038 Sq Ft

    4027 Fairoaks Ct, Franklin, IN 46131

    Welcome home to this charming 3-bedroom, 2-bathroom ranch-style home perfectly situated on a quiet cul-de-sac in the desirable Knollwood Farms subdivision. Nestled on an expansive 0.31-acre double lot that backs right up to a pond, and offers a fully fenced backyard and a large mini barn for extra storage. Step inside this thoughtfully updated home featuring luxury vinyl plank flooring throughout

    Agent Photo

    Natalie Latkowski

    Mark Dietel Realty, LLC

    4027 Fairoaks Ct, Franklin, IN 46131
  • /90

    $575,000

    $35K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,304 Sq Ft

    4665 S Mauxferry Rd, Franklin, IN 46131

    Discover a remarkable 3 bedroom, updated farmhouse built in 1926! This incredible property spans nearly 5 acres, offering a unique blend of historical charm and contemporary comfort. The kitchen is a culinary delight, featuring sleek stainless-steel appliances and endless quartz counters, providing an ideal space for preparing and sharing meals. Relax and rejuvenate in the thoughtfully designed

    Khloe Anderson Land Pro Realty

    4665 S Mauxferry Rd, Franklin, IN 46131
  • /8

    $495,000

    $65K PRICE DROP
    • Land
    • 22 Acres
    • $22,500 per Acre

    2069 W 300 S, Franklin, IN 46131

    PROPERTY DESCRIPTIONLandProz is pleased to present the Fairview Properties LLC property in Johnson County, IN.This well-located tract offers an excellent opportunity for residential use in a quiet rural setting. The property features mostly level topography with only 18 feet of total elevation change, making it ideal for a custom-built home, hobby farm, or small residential estate

    Eric Richards LandProz Real Estate

    2069 W 300 S, Franklin, IN 46131
  • /43

    $599,000

    • Land
    • 49.6 Acres
    • $12,077 per Acre

    000 E State Road 44, Franklin, IN 46131

    This property offers an appealing mix of features for both agricultural and recreational use. Containing approximately 35 acres of productive tillable land, it presents a solid income opportunity for farming or crop leasing. It also includes 15 acres of mature bottomland hardwoods, creating a natural habitat that enhances the land's beauty and ecological value. The tillable acres boast an overall

    Noah Short Midwest Land Group

    000 E State Road 44, Franklin, IN 46131
  • /39

    $397,900

    New Construction
    • 4 Beds
    • 3 Baths
    • 2,278 Sq Ft

    Cortland Plan at Winterfield, Franklin, IN 46131

    Step into the Cortland by D.R. Horton, America’s Builder, where contemporary design meets timeless comfort in a sprawling 2,278 square foot ranch haven. This exquisite residence is a masterclass in modern architecture, boasting four spacious bedrooms and three luxurious bathrooms thoughtfully arranged to maximize both privacy and connection. The heart of the home is the magnificent open-concept

    D.R. Horton Builder
    1138 Winterfield Blvd Unit 36206602, Franklin, IN 46131
  • /37

    $269,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,581 Sq Ft

    1545 Black Oak Ct, Franklin, IN 46131

    OPEN HOUSE SUNDAY AUGUST 30TH FROM 1-3PM. Beautifully maintained 3 bedroom 2 bath home on a cul de sac within Franklin schools. Convenient location for easy access to whatever you may want or need. Look at the room sizes! Primary bedroom suite includes a large walk in shower, plus a walk in closet. The cathedral ceiling in the living room adds to the open appeal of this home. Lot backs up to a

    Amanda Teeters Chief Realty

    1545 Black Oak Ct, Franklin, IN 46131
  • /28

    $403,000

    $10K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,360 Sq Ft

    295 Carriage Ct, Franklin, IN 46131

    Welcome home to this beautifully maintained single-family residence nestled in one of the area's most sought-after communities, offering the perfect blend of comfort, convenience, and maintenance-free living. With no shared walls, you'll enjoy the privacy of a traditional home while benefiting from low HOA fees and a carefree lifestyle. Boasting 2360 square feet, 3 spacious bedrooms and 3 full

    Mitzi Christian Modern Realty Group Inc

    295 Carriage Ct, Franklin, IN 46131
  • /29

    $225,000

    $5K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,182 Sq Ft

    2038 Flamingo Way, Franklin, IN 46131

    $5000.00 price reduction on this immaculate home! One of a kind huge sunroom for enjoying! Bring your toothbrush and move right in to this pristine updated cozy single-family residence built in 1996, offering 1182 square feet of thoughtfully designed living space in FRANKLIN, IN. This delightful one-story home presents an opportunity for comfortable living with a focus on ease and accessibility.

    Dawn Manis Manis Group

    2038 Flamingo Way, Franklin, IN 46131
  • /52

    $291,995

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,963 Sq Ft

    Ironwood Plan at Bluffs at Young's Creek, Franklin, IN 46131

    Introducing the Ironwood by Arbor Homes where openness meets functionality in a thoughtfully designed floorplan.Step into a welcoming foyer with a convenient powder room near the front of the home. The garage includes built-in storage and direct access to the mudroom, perfect for stowing away sports gear or bikes during winter.The spacious great room is ideal for relaxing or entertaining guests,

    Arbor Homes Builder
    956 Ram Dr Unit 36479006, Franklin, IN 46131
  • /34

    $335,000

    $15K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,744 Sq Ft

    928 Borealis Dr, Franklin, IN 46131

    PRICE IMPROVED! Why wait to build when this 3 YEAR OLD HOME already includes the fence, covered patio, finished garage with 4-foot extension, extended driveway, blinds, and fixtures buyers spend thousands adding after closing?? Plus, this home has the added standout feature of a LARGE LOT WITH NO BACKYARD NEIGHBORS! This meticulously maintained 3 bedroom, 2.5 bath home has an OPEN CONCEPT LAYOUT

    Jessica Carl Roof Highgarden Real Estate

    928 Borealis Dr, Franklin, IN 46131
  • /52

    $281,995

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,760 Sq Ft

    Juniper Plan at Bluffs at Young's Creek, Franklin, IN 46131

    Introducing The Juniper one of Arbor Homes newest two-story floorplans, offering beautiful exterior designs and flexible options to make it uniquely yours. Choose from multiple upgrades, add a basement for extra space, or expand your great room with a 2 rear and side extension. You can even add a third-car garage for more storage.Step inside to a welcoming hallway and convenient powder bath

    Arbor Homes Builder
    956 Ram Dr Unit 36458415, Franklin, IN 46131
  • /28

    $337,900

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,818 Sq Ft

    Muncie Plan at Winterfield, Franklin, IN 46131

    Welcome to the Muncie floorplan in Winterfield. This thoughtfully upgraded single-story floorplan elevates the ranch-style living experience by expanding into 1,818 square feet of meticulously utilized space. Featuring 3 bedrooms and 2 bathrooms, this layout provides an even more expansive open-concept living area designed for those who value both communal gathering and quiet personal retreats.

    D.R. Horton Builder
    1138 Winterfield Blvd Unit 39577263, Franklin, IN 46131
  • /50

    $255,000

    • 3 Beds
    • 1.5 Baths
    • 1,014 Sq Ft

    1968 W State Road 44, Franklin, IN 46131

    Country roads, take me home! Escape the hustle and discover your own little slice of heaven with this inviting three-bedroom, one-and-a-half-bath ranch nestled on a peaceful half-acre in a beautiful rural setting. With few neighbors and wide-open country surroundings, this property offers the privacy and tranquility you have been searching for. A brand-new front porch welcomes you home and

    Michelle Chandler Keller Williams Indy Metro Partners

    1968 W State Road 44, Franklin, IN 46131
  • /23

    $391,180

    New Construction
    • 5 Beds
    • 3 Baths
    • 2,736 Sq Ft

    1551 Hickory Ln, Franklin, IN 46131

    This two-story home is ideal for families and features a convenient first-floor bedroom, ideal for overnight guests, along with a private study and an open layout shared between the kitchen, dining area and Great Room. The second level includes a versatile loft surrounded by four spacious bedrooms—three of which feature walk-in closets. The upper-level owner’s suite is complemented by an attached

    Lennar Builder
    1551 Hickory Ln, Franklin, IN 46131
  • /26

    $429,900

    New Construction
    • 5 Beds
    • 3.5 Baths
    • 3,062 Sq Ft

    Johnstown Plan at Winterfield, Franklin, IN 46131

    Welcome to the Johnstown by D.R. Horton, America’s Builder—a residence that redefines spaciousness and modern luxury. Boasting an impressive 3,062 square feet, this home is designed to accommodate every aspect of a busy lifestyle with its 5 generous bedrooms, 3.5 bathrooms, and a versatile 3-car garage that provides ample room for vehicles and storage alike. The main level is a masterclass in

    D.R. Horton Builder
    1138 Winterfield Blvd Unit 36206603, Franklin, IN 46131
  • /26

    $267,000

    $4K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,059 Sq Ft

    949 Colonial Way, Franklin, IN 46131

    949 Colonial Way is a two-story Franklin home with a two-car garage, backing to the community pond. The kitchen features dark cabinetry, a center island, and stainless steel appliances, opening into a connected living and dining area. Upstairs, an open loft provides additional living space, and the primary bathroom includes a soaking tub, separate shower, and a walk-in closet. This two-story

    Shelby Farrar Opendoor Brokerage LLC

    949 Colonial Way, Franklin, IN 46131
  • /46

    $337,995

    New Construction
    • 5 Beds
    • 2.5 Baths
    • 2,961 Sq Ft

    Norway Plan at Bluffs at Young's Creek, Franklin, IN 46131

    The Norway is one of Arbor Homes most popular floorplans a flexible 5-bedroom, 2.5-bath design with incredible space and curb appeal. Choose from multiple exterior elevations or add an optional third-car garage for extra storage, a workshop, or space for outdoor gear.Step inside from the front porch to find a welcoming dining room that can easily double as a playroom or creative space. Toward the

    Arbor Homes Builder
    956 Ram Dr Unit 36447982, Franklin, IN 46131
  • /6

    $402,415

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 2,106 Sq Ft

    2076 Gosling Ct, Franklin, IN 46131

    Proposed build by Dunnhaven Homes. Welcome home to the 2,104 sq. ft. Gibson plan! This 2-story haven offers spacious living with thoughtful design and quality craftsmanship throughout. Featuring 3 bedrooms, 2.5 baths, an open-concept layout, dedicated home office, main-level primary suite, and a roomy kitchen, this home is designed for both everyday living and entertaining. The kitchen features a

    Marie Edwards HMS Real Estate, LLC

    2076 Gosling Ct, Franklin, IN 46131
  • /17

    $229,000

    • 4 Beds
    • 2.5 Baths
    • 1,519 Sq Ft

    2003 Falcon Ct, Franklin, IN 46131

    Angela Walker Indiana Property Group, LLC

    2003 Falcon Ct, Franklin, IN 46131
  • /28

    $369,500

    $4K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,039 Sq Ft

    940 Borealis Dr, Franklin, IN 46131

    I have a huge loft and a huge list of upgrades! Experience breathtaking sunsets every evening from this stunning, meticulously maintained home, perfectly positioned to overlook peaceful open fields. Built in 2023 and loaded with over $88,000 in builder upgrades, this exceptional property offers more than 2,000 square feet of thoughtfully designed open-concept living space, including a versatile

    Mitzi Christian Modern Realty Group Inc

    940 Borealis Dr, Franklin, IN 46131
  • /75

    $649,900

    • 3 Beds
    • 2.5 Baths
    • 1,779 Sq Ft

    6300 E 350 N, Franklin, IN 46131

    Rare opportunity to own a custom brick ranch on 5 picturesque acres in the heart of Franklin, just minutes from I-65 and located within the highly sought-after Franklin Community School District. This exceptional property offers the perfect blend of country living and everyday convenience. Equestrian enthusiasts will appreciate the well-appointed horse barn with three stalls and room to easily

    Amanda Johnson CENTURY 21 Scheetz

    6300 E 350 N, Franklin, IN 46131
  • /27

    $367,900

    New Construction
    • 5 Beds
    • 3 Baths
    • 2,600 Sq Ft

    Henley Plan at Winterfield, Franklin, IN 46131

    Presenting the Henley floor plan by D.R. Horton, America’s Builder. This expansive 5-bedroom, 3-bathroom residence is masterfully designed to provide space for everyone, blending sophisticated style with the practical needs of a modern, active lifestyle. The main level is defined by its thoughtful versatility. Just off the foyer, a dedicated study offers a quiet sanctuary, perfect for a

    D.R. Horton Builder
    1138 Winterfield Blvd Unit 36206608, Franklin, IN 46131
  • /24

    $219,999

    • 2 Beds
    • 2 Baths
    • 1,236 Sq Ft

    1004 Wild Ivy Trail, Franklin, IN 46131

    Welcome to this charming patio home in a prime spot near US 31. Just a short distance to Franklin's Historic walking & biking trail that extends through downtown Franklin & throughout several miles around town. Downtown Franklin offers an Amphitheater, Franklin Farmers Market, a splash pad, shops, antiquing, restaurants, bars, & nightlife. The split bedroom layout includes a master suite with a

    Cal Findley Keller Williams Indy Metro Partners

    1004 Wild Ivy Trail, Franklin, IN 46131
  • /50

    $549,900

    • 3 Beds
    • 2 Baths
    • 1,816 Sq Ft

    2945 E 200 S, Franklin, IN 46131

    Rare opportunity to enjoy the best of both worlds-3 peaceful acres of country living approximately 5 minutes from downtown Franklin! Located off Mauxferry Road and County Road E 200 S, this 3 bedroom, 2 bath ranch offers 1,816 square feet of thoughtfully designed living space. The inviting Great Room features vaulted ceilings, exposed wood beams, and a stunning wood-burning fireplace that creates

    Pat Watkins Mike Watkins Real Estate Group

    2945 E 200 S, Franklin, IN 46131
  • /60

    $439,000

    $41K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,406 Sq Ft

    3366 S 800 E, Franklin, IN 46131

    Your search for a peaceful, secluded property on 2 acres just outside of town - ends now! Modern farmhouse charm on 2 beautiful acres, just minutes from Downtown Franklin! This stunning 5-bedroom home with full basement offers the privacy and style you've been looking for, with an easy commute in any direction thanks to a short drive to the highway or interstate. The kitchen is a true centerpiece

    John Pfifer Hemrick Property Group Inc.

    3366 S 800 E, Franklin, IN 46131
  • /31

    $309,999

    • 3 Beds
    • 2 Baths
    • 1,635 Sq Ft

    649 Young St, Franklin, IN 46131

    This is a must see! Affordability in Franklin! Prepare to be wowed by the recently updated kitchen, a true entertainer's dream. Imagine whipping up culinary masterpieces with sleek stainless steel appliances, all while staying connected to the action thanks to its open-plan design that flows seamlessly into the dining and the living room. No more cooking in isolation! With three spacious

    Abigail Robeson Red Oak Real Estate Group

    649 Young St, Franklin, IN 46131
  • /46

    $219,900

    $10K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 1,661 Sq Ft

    2122 Cedarmill Dr, Franklin, IN 46131

    This beautifully maintained 4-bedroom, 2.5-bath home offers the perfect combination of space, comfort, and convenience. The open-concept main level is designed for everyday living and entertaining, featuring a spacious family room that flows seamlessly into the dining area and kitchen. The kitchen offers abundant cabinet space, two pantries, a breakfast bar, and sliding doors leading to a large

    Nancy Hadley Carpenter, REALTORS®

    2122 Cedarmill Dr, Franklin, IN 46131
  • /24

    $684,900

    New Construction
    • 3 Beds
    • 2 Baths
    • 2,020 Sq Ft

    1726 Mill Pond Ct, Franklin, IN 46131

    This just completed custom single-family residence by Elite Bespoke Homes is located in the highly sought after Hillview Golf Course community, in historical Franklin. The 3 bedroom home offers impeccable finishes and hardware that are tasteful and stylish throughout. The kitchen features luxury appliances, walk in pantry and a generous island, perfect for entertaining or casual dining. The

    Lottie Hooyer Smythe & Co, Inc

    1726 Mill Pond Ct, Franklin, IN 46131
  • /40

    $389,900

    $25K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,250 Sq Ft

    783 N Shore Blvd, Franklin, IN 46131

    Welcome to Franklin Lakes: This updated ranch with vaulted ceilings has a full, finished basement, a 3-car attached garage, and a large fenced backyard. With 3,250 sqft, this spacious home has room for everyone: 4 bedrooms + an office, 3 full bathrooms, a 16x19 mainfloor family room, a 16x28 basement rec room, and a 12x28 home gym! The primary suite includes a walk-in closet, double-sinks in a

    Sarah Sanders 1 Percent Lists Indiana Real Estate

    783 N Shore Blvd, Franklin, IN 46131
  • /24

    $356,995

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft

    Ashbury Plan at Kingsbridge - Venture, Franklin, IN 46131

    This low-maintenance, single-level home offers a spacious open layout shared between the Great Room, kitchen and dining room that helps to maximize the footprint of the interior. Two bedrooms are located off the foyer, while the luxe owner’s suite is situated privately at the other end of the home. A covered patio makes indoor-outdoor living a breeze.

    Lennar Builder
    1414 Covington Blvd Unit 41013241, Franklin, IN 46131
  • /28

    $473,180

    New Construction
    • 6 Beds
    • 4 Baths
    • 3,420 Sq Ft

    3691 Hanford Rd, Franklin, IN 46131

    The Great Room, dining room and kitchen share a convenient open concept floorplan on the first floor of this two-story home, adjacent to a secondary bedroom and study. A versatile loft and five additional bedrooms occupy the top floor, including the restful owner’s suite, which features a bedroom, en-suite bathroom and walk-in closet.

    Lennar Builder
    3691 Hanford Rd, Franklin, IN 46131
  • /13

    $265,000

    • 4 Beds
    • 2 Baths
    • 1,618 Sq Ft

    1181 S Aberdeen Dr, Franklin, IN 46131

    4-bedroom, 2.5-bathroom ranch-style home nestled on a picturesque pond lot. Step inside & be greeted by engineered flooring that spans the entire house, providing a seamless & elegant look w/o a trace of carpet. The open-concept layout boasts soaring vaulted ceilings. The Kitchen features custom offset cabinetry, granite countertops, SS appliances & a center island w/ seating. Large living room

    Freddie Hemrick Hemrick Property Group Inc.

    1181 S Aberdeen Dr, Franklin, IN 46131
  • /33

    $105,000

    $28K PRICE INCREASE
    • Land
    • 12,109 Sq Ft
    • $377,698 per Acre

    1636 Millpond Ln, Franklin, IN 46131

    Welcome to Homesteads at Hillview all new Windsor Section! A Custom home neighborhood on the East side of Franklin's Hillview Golf Course. Inquire about approved builders for the neighborhood. Social Memberships & Full Golf Memberships available! Connected to the Greenway Trail just steps outside of your backyard, Hillview Golf Course has public Dining at Big Woods, Lou's Den & with a membership

    Austin Smythe Smythe & Co, Inc

    1636 Millpond Ln, Franklin, IN 46131
  • /46

    $229,900

    • 4 Beds
    • 2 Baths
    • 1,225 Sq Ft

    206 Parkview Ct, Franklin, IN 46131

    Welcome to 206 Parkview, Franklin, IN, a delightful 1225 square foot single family residence that is ready for you to move in and make your own. This inviting home offers a perfect blend of comfort and functionality, designed for a relaxed lifestyle. This charming ranch-style residence provides ample living space with four comfortable bedrooms, offering flexibility for family, guests, or a

    Chad Shumaker RE/MAX Cornerstone

    206 Parkview Ct, Franklin, IN 46131
  • /29

    $250,000

    $49K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,776 Sq Ft

    240 N Forsythe St, Franklin, IN 46131

    Welcome to 240 N Forsythe ST in FRANKLIN, IN, a delightful single-family residence built in 1952, offering a generous 1776 square feet of living space. This charming one-story abode sits on a sprawling 43,560 square foot lot, with a beautiful park-like setting, practically begging for your next grand adventure or perhaps just a really impressive game of tag, and just steps away from the Franklin

    Ray Stuck HomeXpert, Ray Stuck & Co.

    240 N Forsythe St, Franklin, IN 46131
  • /15

    $323,995

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,687 Sq Ft

    1196 Pegasus Dr, Franklin, IN 46131

    Welcome to the Bradford floor plan with Elevation D at Bluffs at Youngs Creek! Tucked away in a peaceful setting just minutes from Franklins popular Main Street destinations, this community offers the perfect blend of convenience and a relaxed, country-like atmosphere. Residents enjoy nearby parks, seasonal farmers markets, local events, and outdoor recreation, along with easy access to everyday

    Arbor Homes Builder
    1196 Pegasus Dr, Franklin, IN 46131

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Why Live in Franklin

Franklin, Indiana, sits on the southern edge of the Indianapolis metro area near I-65, offering a balance between commuter convenience and small-town charm. Located within 30 miles of downtown Indianapolis, Franklin appeals to buyers seeking a slower pace, a strong sense of community and a lower cost of living than nearby Greenwood. The city is anchored by Franklin College, a historic private liberal arts institution founded in the 1830s, along with a highly rated school district and a revitalized, walkable downtown. Housing options range from historic bungalows, Victorians, Cape Cods and larger Colonials near the center of town to midcentury ranch homes, newer construction, golf course properties and acreage homes spread throughout the community. Newer subdivisions are concentrated near U.S. 31 and I-65, often with amenities and low HOA fees. A median in the low $300,000s is about 10 percent lower than Greenwood, while property taxes are also lower than many surrounding areas. Franklin Community School Corporation is one of Johnson County’s top-rated districts, and Franklin College adds youthful energy to a vibrant community. Residents enjoy direct interstate access, a diverse local economy, a diverse downtown dining, shopping and events scene, and plenty of recreational options.

Frequently Asked Questions

What is the average home price in Franklin, IN?
Homes for sale in Franklin, IN have an average home price of $361,946.
How many homes have sold over the last 12 months in Franklin, IN?
573 homes have sold in Franklin, IN over the last 12 months.
What is the average household income in Franklin, IN?
The average household income in Franklin, IN is $82K.
What are the most popular zip codes in Franklin, IN?
The most popular zip codes in Franklin, IN include 46131, 46184, 46181, 46143 and 46106.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $341,750. If you put a 20% down payment of $68,400 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,770 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Franklin. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Franklin is $82K.
How are the schools in Franklin, IN?
Franklin, IN has highly rated public and private schools. Some of the best schools in Franklin based on Niche Grades are Whiteland Elementary School, Webb Elementary School and Clark-Pleasant Middle School. Browse all the schools in Franklin, IN to learn more.

Home Price Trends

Median Sale Price
$329,900
Median Single Family Sale Price
$337,900
Median Townhouse Sale Price
$221,500
Median 2 Bedroom Sale Price
$220,000
Median 1 Bedroom Sale Price
$55,000
Average Price Per Sq Ft
$168
Number of Homes for Sale
127
Last 12 months Home Sales
573
Months of Supply
2.70
Median List Price
$341,750
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
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