Franklin, IN Homes for Sale under $200,000

/16
$199,000
- 3 Beds
- 1 Bath
- 2,103 Sq Ft
400 S Main St, Franklin, IN 46131

Welcome to 400 S Main St, a spacious 2,103 sq ft brick home situated on a desirable 8,364 sq ft corner lot. This property features 3 bedrooms, 1 bathroom, and a full unfinished basement, offering ample space and versatility for your lifestyle. Nestled in a prime location, you'll love being just minutes from all the best that Downtown Franklin has to offer -- including Province Park, the Greenway

Belinda Schuster DHI Real Estate, LLC

400 S Main St, Franklin, IN 46131
Explore Franklin
/28
$149,000
- 2 Beds
- 2 Baths
- 1,050 Sq Ft
1145 Southpointe Dr, Franklin, IN 46131

Quick Move-in-ready sun-filled 2 bedroom, 2 full bath home offers a family room with gas fireplace; kitchen with solid surface counter tops, tons of cabinet space, electric stove, nook and a dining area. The primary bedroom is spacious and provides a large primary bath with garden tub, double vanity with solid surface counter top and a walk-in closet! Nice sized yard that has a full rear fence.

Kamaljeet Kaur TJ Realty Inc.

1145 Southpointe Dr, Franklin, IN 46131
/9
$174,000
- 3 Beds
- 1 Bath
- 1,140 Sq Ft
2073 S Us Highway 31, Franklin, IN 46131

Tucked away at 2073 S US 31, Franklin, IN, this fixer-upper is just waiting for you to create your own look and make some new memories. The covered front porch is a perfect spot to kick back, relax, and soak up the serene water view while sipping your morning coffee or enjoying an evening cocktail. This one story residence has 1140 square feet of living space featuring 3 bedrooms, 1 full bath,

Eileen Williams Keller Williams Indy Metro S

2073 S Us Highway 31, Franklin, IN 46131
/20
$174,900
- 3 Beds
- 1 Bath
- 1,530 Sq Ft
351 Cincinnati St, Franklin, IN 46131

Charming 2-Bedroom Traditional Home Just Minutes from Downtown! Welcome to this beautifully renovated 2-bedroom - 1 bath traditional home nestled in a quiet, established neighborhood just a 10-minute walk from downtown shopping and dining. Thoughtfully updated just three years ago, this home seamlessly blends modern comforts with classic charm. Step inside to find a warm and inviting layout

Mitzi Christian Modern Realty Group Inc

351 Cincinnati St, Franklin, IN 46131
/22
$179,950
- 3 Beds
- 2 Baths
- 1,512 Sq Ft
3263 Eastpointe Dr, Franklin, IN 46131

This charming little Ranch will be the perfect place to call home. With a spacious backyard you will never run out of room. This single story home boasts a generous 3 bedrooms and 2 full baths. Located in a cozy neighborhood only ten minutes from downtown Franklin you're never far from the action of Franklin's busy life.

Christos Hronopoulos Keller Williams Indy Metro S

3263 Eastpointe Dr, Franklin, IN 46131
/5
$125,000
- 2 Beds
- 1 Bath
- 1,044 Sq Ft
441 N Forsythe St, Franklin, IN 46131

Lots of space to move around with property spanning to the light pole and a creek beyond that. There is enough room to add on or build another property. This four car garage is huge. This home is waiting for you to finish and bring it back to its former beauty. SELLER OFFERING FINANCING OPTIONS!

Rochelle McDaniels Keller Williams Indy Metro NE

441 N Forsythe St, Franklin, IN 46131
/24
$192,000
- 3 Beds
- 1 Bath
- 1,450 Sq Ft
315 Schoolhouse Rd, Franklin, IN 46131

***PRICE IMPROVEMENT***This home provides ample space for relaxation and everyday living. Imagine arranging your favorite furniture and decor to make this home uniquely YOU! The property includes three bedrooms, Envision each bedroom as a private sanctuary, designed to promote restful sleep and peaceful mornings. This 1 car garage is actually deep enough for 3 cars!! and offering outdoor space

Deanna Bauer Libertad Real Estate Co., LLC

315 Schoolhouse Rd, Franklin, IN 46131
/32
$126,500
- Land
- 0.28 Acre
- $453,405 per Acre
1675 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

1675 Millpond Ln, Franklin, IN 46131
/32
$126,500
- Land
- 0.28 Acre
- $445,423 per Acre
1669 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

1669 Millpond Ln, Franklin, IN 46131
/32
$126,500
- Land
- 0.28 Acre
- $460,000 per Acre
1663 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

1663 Millpond Ln, Franklin, IN 46131
/32
$126,500
- Land
- 0.35 Acre
- $363,506 per Acre
1627 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

1627 Millpond Ln, Franklin, IN 46131
/32
$111,100
- Land
- 0.2 Acre
- $555,500 per Acre
1679 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

1679 Millpond Ln, Franklin, IN 46131
/32
$111,100
- Land
- 0.21 Acre
- $531,579 per Acre
1653 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

1653 Millpond Ln, Franklin, IN 46131
/32
$121,000
- Land
- 0.3 Acre
- $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
/32
$132,000
- Land
- 0.43 Acre
- $306,977 per Acre
752 Beechwood Ct, Franklin, IN 46131

Largest Lot left in the Development! 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

Austin Smythe Smythe & Co, Inc

752 Beechwood Ct, Franklin, IN 46131
/33
$115,500
- Land
- 0.22 Acre
- $525,000 per Acre
818 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

818 Beechwood Ct, Franklin, IN 46131
/33
$115,500
- Land
- 0.22 Acre
- $525,000 per Acre
836 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

836 Beechwood Ct, Franklin, IN 46131
/33
$129,250
- Land
- 0.35 Acre
- $366,147 per Acre
1204 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

1204 Beechwood Ct, Franklin, IN 46131
/14
$190,000
- 3 Beds
- 2 Baths
- 1,641 Sq Ft
1081 Torino Ln Unit 1083, Franklin, IN 46131

Christina McKee McKee Realty

1081 Torino Ln Unit 1083, Franklin, IN 46131

Indiana Johnson County Franklin

Home Trends in Franklin, IN

On average, homes in Franklin, IN sell after 33 days on the market compared to the national average of 52 days. The median sale price for homes in Franklin, IN over the last 12 months is $300,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$300,000

Median Single Family Sale Price

$310,000

Median Townhouse Sale Price

$216,500

Median 2 Bedroom Sale Price

$265,000

Average Price Per Sq Ft

$167

Number of Homes for Sale

137

Last 12 months Home Sales

477

Months of Supply

3.40

Median List Price

$325,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Franklin, you'll find a diverse selection of properties with 19 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Franklin, IN.

Franklin Types of Homes for Sale

Franklin Land for Sale

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