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Franklin

Franklin

Neighborhood in Marion, Indiana

Grant County 46952, 46953

$81,315 Average Value
$63 Average Price per Sq Ft
2 Homes For Sale

Situated between two of Marion's bigger employers

On Marion’s western side, Franklin residents live right between two of Marion’s major employers. Just on the other side of Miller Avenue is a General Motors metal stamping plant. While the company used to have a larger presence in the city, this plant is not the only employment option anymore. “GM used to be huge, but it has cut down a lot of the manufacturing,” says Sally Jenks, a broker with RE/MAX Realty One. “Now, we have Indiana Wesleyan University and Marion Health, and a VA Hospital too—it’s more diversified than it used to be.” Marion Health Family Medical Center is the city’s hospital, located just 1 mile east of Franklin homes. Still, living in Franklin isn’t just about access to work. Marion’s largest park is just a couple miles to the north, along with supermarkets and chain restaurants along the way.

Early 1900s bungalows and Nationals in Franklin

Telephone wires hang over Franklin’s bungalows and Nationals built in the early 1900s. The Marion water tower overlooks the neighborhood, visible to those walking the dog or taking a stroll. Sidewalks often run along both sides of the street, connecting residents to the neighborhood park and the bus stops. Homes here typically sell between $30,000 and $150,000, though some on the lower end of the spectrum might need some repairs before they are move-in ready.

Most of the homes in Franklin are one story.
Most of the homes in Franklin are one story.
Nationals built in the early 1900s line the streets of Franklin.
Nationals built in the early 1900s line the streets of Franklin.
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Taking the bus to work from Franklin

Second and Fourth Streets run through the center of Franklin, with Second Street linking residents with GM. Fourth Street leads oward the hospital and downtown, both a mile away. The West Marion bus route also runs through the neighborhood, with stops at both work locations as well as downtown. Heading north, Baldwin Avenue connects people with Matter Park and the shopping destinations on this side of town. When flying, residents will have to head to Indianapolis International Airport, 91.5 miles south.

Supermarkets to the north and coffee shops to the south

Just up Baldwin Avenue are Marion’s northern supermarkets—Ruler Foods and Needler’s Fresh Market, both about a mile from Franklin. Chain restaurants like Buffalo Wild Wings and Moe’s Southwest Grill line this thoroughfare, offering casual dining options. In the neighborhood at the intersection of Factory and Park Avenues, a block from a machine shop and foundry, Don’s Tap is marked with a chalkboard on the sidewalk outside outlining the daily specials. Visitors can enjoy pub fare like fish and chips and sandwiches on the fenced outdoor patio, complete with umbrellas over the tables and a stone-built fireplace. Franklin’s location also means it’s not far from the retail corridor on the southwest side along Marion, with Aldi just 1.5 miles away. Also here, Abbey Coffee Co. serves caffeinated morning boosts to folks commuting toward Indiana Wesleyan University and the Marion VA Medical Center.

Don's Tap is a top Franklin stop for food and drinks.
Don's Tap is a top Franklin stop for food and drinks.
Ruler Foods is about a mile from Franklin.
Ruler Foods is about a mile from Franklin.
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Franklin Park's playground and Matter Park's butterfly gardens

In the shadow of the water tower, Franklin Park is just off 1st Street, so kids can walk to the playground from their homes. Along the southern border of Franklin, the Cardinal Greenway Trail heads towards downtown and beyond Marion, stretching across 62 miles through Indiana. On the northern side of the city, Matter Park offers over 100 acres of recreational space, drawing people from all over Marion to play on the playgrounds or stroll through the butterfly gardens. A path winds through the park, around the lake, where people can fish. Groups can challenge each other on the eight tennis courts and six pickleball courts.

Franklin families enjoy time together at the Matter Park playground.
Franklin families enjoy time together at the Matter Park playground.
Franklin residents can stroll through the butterfly gardens in Matter Park.
Franklin residents can stroll through the butterfly gardens in Matter Park.
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Earning high school credit early at McCulloch Junior High

Students can attend Allen Elementary School through fourth grade, which then feeds into Justice Thurgood Marshall Intermediate School for fifth and sixth grades. Niche grants Allen a C rating and Marshall a C-plus. C-rated John L. McCulloch Junior High School allows students to take their required high school classes early through the Advanced High School Credit program. Marion High School earns a B-minus.

Welcome to Justice Thurgood Marshall Intermediate School.
Welcome to Justice Thurgood Marshall Intermediate School.
Marion High School has 1,050 students.
Marion High School has 1,050 students.
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Seasonal fall and winter events at Matter Park

With Matter Park on the same side of town as Franklin, residents can easily access the events hosted there. In October, people can take hayrides through the park at the Marion Fall Festival or spot local vendors at the Fall Mall. At the end of the evening, visitors can make s’mores around the bonfire. From late November through December, Matter Park decks out the walking paths with over 2 million lights for the Walkway of Light. Visitors can also stop in Santa’s Village to shop for holiday gifts or chat with the elves.

Caroline Ernst
Written By
Caroline Ernst
Travis Patton
Photography Contributed By
Travis Patton
Francesco Basti
Video By
Francesco Basti

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Suzie Mack, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Franklin US
Homicide 6 4
Sexual Assault 7 4
Assault with Weapon 6 4
Robbery 4 4
Burglary 8 4
Motor Vehicle Theft 5 4
Larceny 6 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$78,000
Median Single Family Price
$78,000
Median Townhouse Price
$160,000
Average Price Per Sq Ft
$63
Number of Homes for Sale
2
Last 12 months Home Sales
23
Months of Supply
1.00
Median List Price
$82,400
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
96%

Home Facts

Number of Homes in Neighborhood
630
Median Year Built
1928
Avg. Single Family Home Size Sq Ft
1,205
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
1,478
Median Lot Size Sq Ft
5,227

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Suzie Mack, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has Equal Renters and Owners

Demographics

Total Population
2,050
Median Age
39
Population under 18
25.3%
On par with the national average
23.8%
Population over 65
17.5%
On par with the national average
19.1%

Finances

Median Household Income
$33,554
Significantly below the national average
$71,702
Average Household Income
$47,451

Education and Workforce

High School Graduates
78.1%
Below the national average
89.1%
College Graduates
12.2%
Below the national average
34.1%
Advanced Degrees
4.4%
% Population in Labor Force
60%

Area Factors

Bikeable

Bike Score®

54 / 100

Somewhat Walkable

Walk Score®

53 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Franklin