$134,000
- 3 Beds
- 2 Baths
239 W 38th St, Anderson, IN 46013

Samuel Schlagel
F.C. Tucker/Crossroads
(765) 295-7032
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Frankton, Indiana, is a small town in Madison County, surrounded by larger cities like Muncie, Kokomo, Anderson, and Indianapolis, all within an hour's drive. This proximity makes it an attractive option for those working in these cities but preferring a quieter, more affordable living environment. Frankton is known for its tight-knit community and family-friendly atmosphere, with residents feeling safe walking around even after dark. The town features a variety of home styles, including ranch-style designs and National Folk architecture, with most homes built between the 1940s and 1960s. There are also opportunities for new construction, particularly on the west side of town. Frankton's school system is highly rated, drawing families who prioritize education. Sports play a significant role in the local culture, drawing community support. Dining options are limited but cherished, with Bernie’s Bar, MJ Scoops, and Maranatha Coffee Company being local favorites. The town hosts several annual events, including the Heritage Days Festival and the Frankton Christmas Festival, providing plenty of activities for residents. Jefferson Park and Maple Meadows Park offer recreational spaces, while the Frankton Community Library and local churches serve as community hubs. Elwood, just 7 miles away, provides additional amenities, and larger cities like Anderson and Muncie are within a 20-mile radius. Indianapolis is a 45-mile drive, offering big-city attractions and an international airport.
On average, homes in Frankton, IN sell after 94 days on the market compared to the national average of 52 days. The median sale price for homes in Frankton, IN over the last 12 months is $218,500, up 9% from the median home sale price over the previous 12 months.