$209,000
- 4 Beds
- 3 Baths
190 E Washington St, Morgantown, IN 46160
Ron Rose
Indiana Realty Pros, Inc.
(812) 994-4976
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Why Live in Franklin
Franklin, Indiana, a small college town located about 25 miles southeast of downtown Indianapolis, offers a unique blend of small-town charm and proximity to urban amenities. As the seat of Johnson County, Franklin is home to Franklin College, a historic liberal arts institution that contributes to the town's distinctive atmosphere. The city features a mix of historic homes and modern subdivisions, with architectural styles ranging from Victorian-era houses along Jefferson Street to contemporary custom homes further out. The Franklin Community School Corporation serves most local students and is highly rated within the county. Franklin's economy benefits from its access to Interstate 65, with major companies like Amazon and Target having distribution centers nearby. The downtown area is vibrant, with attractions such as the Historic Artcraft Theatre, which hosts vintage movie screenings and film festivals. Public art and events, including the Hops & Vines festival and the Johnson County Fair, are integral to the community's cultural scene. Outdoor enthusiasts can explore 13 parks and the 17-mile Franklin Greenway Trail, with Youngs Creek Park being a notable highlight. Safety is a strong point, with violent crime rates significantly lower than the national average. Franklin has also taken measures to mitigate flooding risks following a historic flood in 2008. Public transportation is available, and the city is approximately 35 miles from Indianapolis International Airport.
Home Trends in Franklin, IN
On average, homes in Franklin, IN sell after 37 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, IN over the last 12 months is $350,000, up 15% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$350,000
Median Single Family Sale Price
$362,500
Median Townhouse Sale Price
$725,000
Median 2 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
27
Last 12 months Home Sales
219
Months of Supply
1.50
Median List Price
$379,997
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
15%
Franklin Types of Homes for Sale
Franklin Real Estate Listings
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