Franklin, IN Homes for Sale

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  $369,000

  $11K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,954 Sq Ft

  3151 E 150 S, Franklin, IN 46131

  Lovingly cared for by one owner for 30 years, this charming home is a rare find that blends comfort, character, and an extraordinary outdoor retreat. Step onto the welcoming front porch - surrounded by blooming trees and colorful flowers - the perfect spot to swing, sip coffee, or curl up with a good book. Inside, the main level offers an abundance of built-in storage, a dedicated office space

  

  Angi Oakes

  Berkshire Hathaway Home

  (463) 293-0728

  3151 E 150 S, Franklin, IN 46131
• Explore Franklin

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  /33

  $270,000

  • 3 Beds
  • 2 Baths
  • 1,347 Sq Ft

  986 Youngs Creek Dr, Franklin, IN 46131

  This beautifully updated ranch offers the perfect combination of comfort, functionality, and peaceful outdoor living. From the moment you arrive, you will appreciate the inviting curb appeal, spacious 2-car attached garage, and the warm, welcoming feel this home provides. Inside, the thoughtfully designed open floor plan creates a seamless flow between the main living spaces, making the home feel

  

  Don Wilder

  Berkshire Hathaway Home

  (463) 208-4929

  986 Youngs Creek Dr, Franklin, IN 46131
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  /69

  $675,000

  $25K PRICE DROP

  • 6 Beds
  • 4.5 Baths
  • 7,778 Sq Ft

  1250 Park Ave, Franklin, IN 46131

  Nestled in one of Franklin's most prestigious neighborhoods and situated on 2.85 acres, this remarkable historic estate is waiting for its next chapter to be written. This is your chance to own a piece of Franklin and Indiana history. Endless potential for restoration to bring it back to its original beauty and customization. Located just behind Franklin College and within walking distance to

  

  Cindy Stockhaus

  Better Homes and Gardens Real Estate Gold Key

  (463) 666-7206

  1250 Park Ave, Franklin, IN 46131
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  /54

  $300,000

  • 3 Beds
  • 2.5 Baths
  • 1,947 Sq Ft

  1283 Yellowstone Way, Franklin, IN 46131

  Welcome home to this beautifully maintained Franklin gem offering comfort, convenience, and flexible living spaces. Just a short golf cart ride from downtown Franklin, you'll enjoy easy access to restaurants, coffee shops, boutiques, parks, seasonal events, and all the small-town charm the area is known for. Shopping, schools, and I-65 are just minutes away, making commuting and daily errands

  

  Cindy Stockhaus

  Better Homes and Gardens Real Estate Gold Key

  (317) 961-3509

  1283 Yellowstone Way, Franklin, IN 46131
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  $280,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,191 Sq Ft

  103 Weber Ct, Franklin, IN 46131

  Tucked away on a quiet cul-de-sac, this large paired patio ranch offers the perfect blend of comfort, style, and low-maintenance living. Step inside to a bright and welcoming living room featuring soaring vaulted ceilings and a cozy fireplace - the ideal space to relax or gather with family and friends. The updated kitchen shines with modern finishes, ample cabinetry, and a functional layout

  

  Laura O'Connor

  Keller Williams Indy Metro S

  (317) 458-9046

  103 Weber Ct, Franklin, IN 46131
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  /29

  $235,000

  • 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

  

  Sheri Jones

  Hoosier, REALTORS®

  (317) 707-4160

  942 Brookstone Dr, Franklin, IN 46131
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  /53

  $276,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,613 Sq Ft

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

  The Bradford is the perfect ranch-style floorplan for those looking to downsize or enjoy single-level living with plenty of space. Starting at 1,611 square feet, this three-bedroom, two-bath home can be personalized to fit your lifestyle with an optional second-floor bonus room for even more living space.Step inside from the charming front porch and youre greeted by a versatile flex room. Use it

  Arbor Homes Builder

  956 Ram Dr Unit 36446047, Franklin, IN 46131
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  /39

  $423,995

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,020 Sq Ft

  Paddington Plan at Kingsbridge - 3-Car Venture, Franklin, IN 46131

  The first floor of this two-story home is host to a spacious open floorplan consisting of a Great Room, dining area and modern kitchen as well as a bedroom and study placed to the side of the home. Upstairs, there are four additional bedrooms, including the restful owner’s suite, and a versatile loft provides shared living space on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041273, Franklin, IN 46131
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  /32

  $382,995

  New Construction

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

  Kingston Plan at Kingsbridge - Venture, 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

  1414 Covington Blvd Unit 36041265, Franklin, IN 46131
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  /50

  $263,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,354 Sq Ft

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

  Picture yourself in The Ashton a flexible ranch-style floorplan by Arbor Homes! Starting at 1,356 square feet, The Ashton offers a split layout ideal for families or first-time homeowners. Featuring three bedrooms and two full baths, this home provides plenty of room to personalize with your choice of finishes and upgrades.Step inside from the inviting front porch to a bright, open layout. Two

  Arbor Homes Builder

  956 Ram Dr Unit 36468261, Franklin, IN 46131
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  /62

  $302,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,176 Sq Ft

  Aspen II Plan at Bluffs at Young's Creek, Franklin, IN 46131

  The Aspen II floorplan has it all- from a spacious home office, an open concept living and kitchen area, a large loft, and four bedrooms with plenty of space. You cant go wrong choosing this floorplan! Make The Aspen II your own with the many optional upgrades. If you fall in love with the interior, you will love the elevations on the exterior of this new build home!Entering off the front porch,

  Arbor Homes Builder

  956 Ram Dr Unit 36477255, Franklin, IN 46131
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  /63

  $319,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,580 Sq Ft

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

  The Palmetto is one of Arbor Homes newest and most flexible floorplans offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle.Step inside to a spacious front living area that can serve as a formal dining room or quiet office with

  Arbor Homes Builder

  956 Ram Dr Unit 36473074, Franklin, IN 46131
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  /24

  $361,995

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,422 Sq Ft

  Hampshire Plan at Kingsbridge - Venture, Franklin, IN 46131

  This first level of this two-story home offers a flex room as an ideal space for overnight stays. The Great Room, kitchen and dining room can also be found on the first floor, arranged in an expansive floorplan. Upstairs, all four bedrooms await, plus a loft offering additional living space for the entire family.

  Lennar Builder

  1414 Covington Blvd Unit 36041264, Franklin, IN 46131
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  /57

  $331,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

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

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  956 Ram Dr Unit 36502757, Franklin, IN 46131
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  $402,995

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,578 Sq Ft

  Jasper Plan at Kingsbridge - 3-Car Venture, Franklin, IN 46131

  The first floor of this two-story home is host to an inviting open floorplan consisting of a Great Room, dining area and modern kitchen. A bedroom on the primary floor is ideal for a guest suite or home office. Upstairs, there are four additional bedrooms, including the luxe owner’s suite. A versatile loft provides a shared living area on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041274, Franklin, IN 46131
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  $292,995

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,801 Sq Ft

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

  Looking for the perfect ranch-style home as your new home? Take a look at The Chestnut and its many optional upgrades. With the option to add a bonus room with a bedroom and full bathroom, you have the potential for 2,600+ square feet of living space in a ranch home.When you enter the home, you will see the first two bedrooms and a full bathroom. As you move throughout The Chestnut, notice the

  Arbor Homes Builder

  956 Ram Dr Unit 36452839, Franklin, IN 46131
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  $339,995

  New Construction

  • 5 Beds
  • 2.5 Baths
  • 3,198 Sq Ft

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

  Picture yourself in the spacious and flexible Empress floorplan a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort.Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make

  Arbor Homes Builder

  956 Ram Dr Unit 36503932, Franklin, IN 46131
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  /48

  $304,995

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,343 Sq Ft

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

  As you step through the large open foyer of the Spruce, you will quickly understand why this has become Arbor's top selling floorplan. With plenty of options, this floorplan allows you to experience flexibility without the price tag.With the versatility to become a 3, 4 or even 5 bedroom home - you can really transform the Spruce into your ideal home based on your needs and lifestyle. Not only do

  Arbor Homes Builder

  956 Ram Dr Unit 36484829, Franklin, IN 46131
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  /33

  $402,995

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,054 Sq Ft

  Valencia Plan at Kingsbridge - Venture, Franklin, IN 46131

  The largest floorplan in the collection, this two-story home offers convenience and comfort. A separate bedroom and a study can be found off the foyer, providing space for guests and a practical home office. The Great Room, dining room and kitchen are arranged among a spacious open floorplan. Four bedrooms and a loft are located on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041266, Franklin, IN 46131
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  /23

  $314,900

  Open Sat 10AM - 12PM $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,653 Sq Ft

  893 Sagittarius Ave, Franklin, IN 46131

  Welcome home to this bright, beautiful ranch offering 1,653sqft, 3 bedrooms and 2 full baths close to Blue Heron Park, the Greenway Trail and Franklin's shopping & restaurants! From the moment you step inside, you'll love the soaring vaulted ceilings in the living room and cozy wood-burning fireplace with gas starter. The thoughtful layout includes both a breakfast area off the kitchen and a

  Karl Vierling Carpenter, REALTORS®

  893 Sagittarius Ave, Franklin, IN 46131
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  /53

  $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
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  /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
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  $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 of Indiana

  2069 W 300 S, Franklin, IN 46131
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  /18

  $400,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,977 Sq Ft

  2014 Gosling Ct, Franklin, IN 46131

  Proposed build by Dunnhaven Homes in Pheasant Pointe. Experience single-level luxury in this spacious ranch featuring 3 bedrooms, 2.5 baths, and a private den or bedroom 4, all in an open-concept design ideal for effortless living. A full brick-wrap and 2-car garage set a distinguished tone, while interior finishes elevate every moment-laminate flooring, quartz countertops, and stunning kitchen,

  Marie Edwards HMS Real Estate, LLC

  2014 Gosling Ct, Franklin, IN 46131
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  $314,227

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,503 Sq Ft

  1101 Blackstone Ave, Franklin, IN 46131

  Discover the Harmony floor plan by D.R. Horton, America’s Builder—a masterfully designed single-level residence that seamlessly blends modern functionality with timeless style. This thoughtfully crafted home offers three spacious bedrooms and two full bathrooms within a bright, open-concept living environment, perfect for both daily routines and effortless entertaining. As you step inside, you

  D.R. Horton Builder

  1101 Blackstone Ave, Franklin, IN 46131
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  $599,000

  $26K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,314 Sq Ft

  69 E Maple Dr, Franklin, IN 46131

  Unique Opportunity to Own a Very Special 1970's Custom Home in Park Forest! Rare Multi-Level Floor Plan with Lots of Character on Large 1 Acre Flat Lot with Beautiful Mature Trees and Huge Circle Drive! Entering 69 E Maple Drive never gets old with a Vaulted Foyer Ceiling, a Floating Staircase and Details Galore! A Large Formal Living and Dining Space with Hardwood Floors creates Lots of Options

  Cassie Alderson-Philbrick Blubird Real Estate

  69 E Maple Dr, Franklin, IN 46131
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  /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
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  /55

  $299,000

  • 4 Beds
  • 2.5 Baths
  • 2,313 Sq Ft

  2356 Bridlewood Dr, Franklin, IN 46131

  Step right up, folks, and feast your eyes on 2356 Bridlewood DR in highly sought after FRANKLIN, IN! This delightful single-family residence, built in 2014, features 2313 square feet and has ample space for everyone in the family to enjoy. Open concept dining room/kitchen combo with matching black appliances - wide open to the living room, so you can chat with your guests while preparing meals!

  John Pfifer Hemrick Property Group Inc.

  2356 Bridlewood Dr, Franklin, IN 46131
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  /10

  $695,000

  $70K PRICE INCREASE

  • Land
  • 5.55 Acres
  • $125,225 per Acre

  6516 N U S Highway 31, New Whiteland, IN 46184

  Exceptional devlopment opportunity along US 31 in Whiteland. This 5.5 +/- acre parcel offers over 135 feet of frontage on a high-visibility corridor with strong traffic counts. A curb cut is already in place at the southern boundary. Gas and Electric on site, water and sewer nearby. The site is well-positioned for a variety of commercial or mixed-use developments, with flexible zoning and

  Shelly Johnson Keller Williams Indy Metro S

  6516 N U S Highway 31, New Whiteland, IN 46184
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  $350,000

  • 3 Beds
  • 2.5 Baths
  • 1,744 Sq Ft

  928 Borealis Dr, Franklin, IN 46131

  Welcome home to this meticulously maintained home offering 3 bedrooms, 2.5 baths, and thoughtful upgrades throughout - all just 3 years old! From the moment you step inside, you'll appreciate the open concept layout designed for both everyday living and entertaining. The spacious great room flows seamlessly into the dining area and beautifully upgraded kitchen featuring a large center island,

  Jessica Carl Roof Highgarden Real Estate

  928 Borealis Dr, Franklin, IN 46131
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  /44

  $442,600

  New Construction

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

  1157 Jubilee Ln, 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

  1157 Jubilee Ln, Franklin, IN 46131
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  $349,900

  Open Sun 12PM - 2PM $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,870 Sq Ft

  24 Morning Dr, Franklin, IN 46131

  Tucked away on a quiet dead-end street, this well-maintained 3BR/2BA home offers the perfect blend of retro charm and modern-day functionality. With over 1,800 square feet of spacious living areas, there's room to spread out while still feeling warm and inviting from the moment you walk in. Character shines throughout with the home's unique features, complemented by thoughtful updates and

  Debra Brown-Nally Carpenter, REALTORS®

  24 Morning Dr, Franklin, IN 46131
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  /4

  $337,900

  New Construction $8K PRICE INCREASE

  • 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
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  $121,000

  $11K PRICE INCREASE

  • Land
  • 13,068 Sq Ft
  • $403,333 per Acre

  800 Beechwood Ct, 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

  800 Beechwood Ct, Franklin, IN 46131
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  /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
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  /30

  $265,000

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  434 Driftwood Ct, Franklin, IN 46131

  Lovely ranch in desirable neighborhood near shopping, schools and convenient to everything the City of Franklin has to offer. This 1200 sq ft, 3 bedroom, brick and vinyl ranch with updates, has a split floorplan. Entry leads to Living Room with cathedral ceiling and brick fireplace. All bedrooms have walk in closets. Open floorplan is great for entertaining. Sliding door to patio overlooking rear

  Bev Roberts CENTURY 21 Scheetz

  434 Driftwood Ct, 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
• 

  

  /37

  $244,900

  • 3 Beds
  • 1.5 Baths
  • 1,338 Sq Ft

  185 Oliver Ave, Franklin, IN 46131

  Welcome home to this inviting 3-bedroom, 2-bath ranch in Franklin, Indiana, where comfort and updates come together in all the right ways. From the moment you step onto the covered front porch, you'll feel the charm and ease this home offers. Inside, the layout is simple and welcoming, with laminate hardwood flooring flowing throughout the main living spaces. The updated kitchen features

  Beau Matlock Matlock Realty Group

  185 Oliver Ave, Franklin, IN 46131
• 

  

  /29

  $446,685

  New Construction $8K PRICE DROP

  • 6 Beds
  • 4.5 Baths
  • 3,300 Sq Ft

  3723 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

  3723 Hanford Rd, Franklin, IN 46131
• 

  

  /29

  $377,080

  New Construction $6K PRICE DROP

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

  1534 Pine Cir, 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

  1534 Pine Cir, 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.

Learn more about living in Franklin

Frequently Asked Questions

What is the average home price in Franklin, IN?

Homes for sale in Franklin, IN have an average home price of $366,507.

How many homes have sold over the last 12 months in Franklin, IN?

544 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, 46106, 46143 and 46142.

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 6.53%, your estimated principal and interest payment would be $1,730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $74K 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 Prices in Franklin, IN

The median home sale price in Franklin, IN is $320,000, up 10% year-over-year. Homes in Franklin sell in 46 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $320,000	Median Single Family Sale Price $335,546
Median Townhouse Sale Price $223,000	Median 2 Bedroom Sale Price $219,900
Median 1 Bedroom Sale Price $58,500	Average Price Per Sq Ft $169
Number of Homes for Sale 117	Last 12 months Home Sales 544
Months of Supply 2.60	Median List Price $341,750
Median Change From 1st List Price 2%	Median Home Sale Price YoY Change 10%