$341,193Average Value$179Average Price per Sq Ft11Homes For Sale
Rural living just across the Ohio from Louisville
In Franklin, Indiana locals can almost wave to their neighbors in Kentucky from across the Ohio River. Located on the outskirts of New Albany and 9 miles, or just a 15-minute drive, from the larger city of Louisville, it’s not uncommon to see new builds popping up across Franklin’s ridges and hollows. Surrounded by miles of farms and wooded hills, folk here tend to appreciate their area for its abundance of land, natural beauty, and the quiet sense of privacy that comes with it- though small-town and big city amenities can be found just a short drive away. Kimberly Bandy, a Realtor with the Breland Group, uses this analogy to describe Franklin, “If Louisville is kind of like New York City, then Southern Indiana is kind of like one of its boroughs.” Of course, there are a lot more grain silos here than in Brooklyn or Queens, but Franklin does have a distinctive personality complete with river views, farmland and plenty of space for horses.
New construction and extensive acreage in Franklin
In terms of housing, Franklin offers prospective buyers a diverse mix of brand-new construction with older properties. Between its miles of farmland and acres of forests, most homes are spread out a good distance from their neighbors and offer a peaceful, rural atmosphere. Over the last decade, Franklin also has seen the rise of planned communities like Poplar Wood, where large traditional and Classical Revival estates with over 3,000 square feet of space can sell from about $450,000 to $750,000. Older builds from the 1950s and '60s can also be found throughout the neighborhood, including bungalows, ranch-styles and Colonial Revival designs. Most properties in the neighborhood start at about $150,000, though many feature extensive acreage — think 40-plus acres of undeveloped land — and can sell for upwards of $600,000. When compared to similar properties across the river in Louisville, homes in Franklin are often less expensive with lower property taxes. “It’s an ideal market for first-time home buyers,” says Bandy.
Franklin has beautiful new homes with striking architectural detail.
Franklin has beautiful ranch style homes with spacious yard.
1/2
An emphasis on theater at New Albany High School
Students in Franklin can attend school just a few miles down the road in New Albany. Young students start at S. Ellen Jones Elementary, which earns a B-rating from the educational review site, Niche, while fifth graders move on to Scribner Middle and New Albany High, both earning B-plus ratings. New Albany High School (NAHS) is best known for its award-winning theater program and annual Christmas mini-musical, which locals often attend. A few NAHS graduates have even gone on to star on Broadway and London’s West End.
New Albany High school is the oldest public high school in the state of Indiana.
Nathaniel Scribner Middle School is an above average, public school located in New Albany, IN.
1/2
Big box retailers and family-owned restaurants in New Albany
For shopping and dining, Franklin residents often hop in the car and take a short drive over to nearby areas like Georgetown. Located right on Main Street, Village House Coffee serves morning pick-me-ups, breakfast pastries and custom-made seasonal beverages that patrons can enjoy on the shop's shady outdoor seating area. Or, for a dinner on-the-go, folks can stop by 812 Pizza and watch its chefs heat up their pies brick oven-style. When cooking at home, residents can pick up groceries and daily essentials from New Albany options like Kroger and Aldi. Big box retailers like Walmart, Marshalls and Target are also nearby for any shopping needs folks may have. In addition to national chains, Downtown New Albany is also a hotspot for dining, with a growing lineup of independently owned restaurants like Dragon King’s Daughter, which is known for their drunken chicken tacos. Jessica Carmichael, a local Realtor with Schuler Bauer Real Estate, recommends The Exchange Pub and Kitchen for its "excellent chef" and ever-changing menu items. "You might have short rib gnocchi one day and the next they'll switch over to a blackened salmon over orzo rice- it's really excellent," says Carmichael.
Village House Cafe has the best hot coffee and delicious food.
Franklin locals love 812 Pizza in Georgetown.
Kroger in New Albany is a great place to shop and check off your grocery list.
1/3
Outdoor opportunities along the Ohio River
When folks are looking for an easy way to get outside, the Campbell-Woodland Nature Trails are located right in the neighborhood and span 122 acres of land. With paved, handicap-accessible paths and several routes to choose from, visitors can wade through cool streams or cross over wooden bridges while walking their dogs or perhaps taking a quiet jog beneath the shade of the park’s oaks and sugar maples. To see the Ohio River, Falls of the Ohio State Park offers a playground, views of Louisville's skyline and even historic fossil beds with educational information about the area's ancient history. For more recreational opportunities, folks can also visit Garry E. Cavan Park in Georgetown to find tennis courts, two playgrounds and even a horseshoe pit. Another nearby option is The Sporting Club at the Farm, located in Franklin just off of River Road. In addition to a popular indoor wedding venue, The Sporting Club is home to a family-friendly archery range and skeet shooting, where visitors fire shotguns at flying clay targets. "It's really popular down here," says Carmichael. "We're in the Midwest. We're in America. People here love their second amendment rights."
Campbell-Woodland Nature Trails has beautiful tree lined trails in New Albany.
Garry E Cavin Park in Greorgetown has great tennis courts.
1/2
The Harvest Homecoming Festival and gaming at Caesars
Each October, locals head into downtown New Albany to check out the Harvest Homecoming Festival. Residents can join in on the parade of vintage cars and homemade floats, or enroll in the Miss Harvest Homecoming pageant — the winners will later compete in Miss Indiana pageant — for a night of glamour and celebration. "It's great for local businesses who want to connect with the community. Local schools bring out there dance teams and there are lots of booths and vendors- it's a lot of fun," says Carmichael. Another local destination that offers entertainment throughout the year is Caesars Southern Indiana Hotel and Casino. Located just south of the neighborhood, folks can try their luck at an impressive selection of table games or catch a live show featuring touring musicians and comedians from across the country. Fans of the show Hell's Kitchen might also appreciate dining at the Gordon Ramsey Steakhouse, located in the casino.
The nearby Caesar's Casino is a fun place to go with friends.
Franklin residents benefit from being close to many annual festivals and markets.
1/2
Quick transportation with Indiana State Road 111
Despite Franklin's rural setting, "People here can still get places rather quickly," says Carmichael, explaining that "all of the major highway and interstates down here connect things really well." Whether taking Indiana State Road 111 or driving along Budd Road, which passes right through the middle of Franklin, New Albany is just over 6 miles away from home and Downtown Louisville isn't much farther. Interstate 64 will take residents across the Sherman Minton Bridge into Downtown Louisville, which is about 11 miles, or a 20-minute drive, from Franklin. Residents can also access the Louisville International Airport right here in the city for all their travel needs, which offers direct flights to nearly 40 US cities. In the case of a medical emergency, Norton Clark Hospital is the closest option and is located right in New Albany.
Crime
Franklin receives a CAP Index crime score of 1 out of 10, which is lower than the national average. The national average is a score of 4.
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
Are you familiar with the Franklin neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Franklin
US
Homicide
3
4
Sexual Assault
1
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
2
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Franklin Demographics and Home Trends
On average, homes in Franklin, New Albany sell after 42 days on the market compared to the national average of 57 days. The median sale price for homes in Franklin, New Albany over the last 12 months is $320,000, down 23% from the median home sale price over the previous 12 months.
Schuler Homes is offering a $10,000 BUYER INCENTIVE for this Move-in Ready brand new home backing up to a 9 acre common area in Floyd County!! You can use the $10,000 towards any allowable closing costs, a refrigerator allowance, and/or an interest rate buy down! This NEW ACCORD Plan features 4-bedrooms, 3-bath, 3 car garage with over 2,500 sq. ft. offering an open floor plan, split bedrooms,
Jesse NiehausSchuler Bauer Real Estate Services ERA Powered (N
Schuler Built Homes is offering a $5,000 incentive towards your closing costs, interest rate buydown, or a refrigerator allowance- YOUR CHOICE. The desirable INDEPENDENCE floor plan in POPLAR WOODS is move-in ready! This one checks a lot of boxes and offers a great backyard that backs up to a 9 ACRE common area! Hard to find new construction in Floyd County with spacious yards and no more lots
Jesse NiehausSchuler Bauer Real Estate Services ERA Powered (N
PRICE REDUCTION + 2.5% INTEREST RATE + A HOME WARRANTY = A WIN WIN WIN! The existing mortgage is assumable at a 2.5% INTEREST RATE. This stunning custom-built log home sits on 2.91 private acres in Floyd County with park-like, wooded scenic views front and back. 5 BR,3 BA, and over 3,076 sq ft. The main level features a huge great room, with 22+ ft vaulted ceilings, open to a full eat-in kitchen
Looking for River front property? This is it! 1.52 Acres with small apartment for weekend get away. Storage building. Property needs TLC. Seller welcomes inspections but will not do any repairs. Property being sold "As Is". Property classified as AE Floodway. Please attach the "AS IS" addendum with purchase agreement. Call for your showing today.
Are you looking for that laid-back country life, while still being close to city amenities? If so, 3285 Budd Rd is calling your name! This cozy and completely renovated 1-BR (with wardrobe), 1-Bath home with new electric, new plumbing, new HVAC, and new roof offers the best of both worlds. The open living space, with new paint and flooring, features a well-laid-out kitchen with plenty of cabinets
Nestled on 1.17 wooded acres, this updated 4-bedroom, 3-bath home offers privacy, flexibility, and convenience just minutes from New Albany, Floyds Knobs, Georgetown, and Louisville. The remodeled kitchen features custom cabinetry, stainless steel appliances, and a large center island that opens to the living space. Enjoy peaceful views from the expansive deck overlooking the wooded setting. A
25 + Acres. One Skyline. Zero Compromises. Some views are features. This one is a reason to move. Perched atop 25 wooded acres in Floyd County, this modern contemporary is privately accessed by a dedicated drive and positioned to deliver panoramic views of the Louisville skyline from nearly every room in the house ,including the soaking tub. The great room announces itself immediately: a wall of
Step into history with the Gabriel Farnsley Home, a magnificent 1856 French Colonial masterpiece nestled on 4.73 private acres in Floyd County. Located approx. 1 mile from Caesar Southern Indiana. This rare, fully updated 3-bedroom, 2.5-bath seamlessly blends 19th Century charm with modern luxury. From the high-end main bath to 3 fireplaces that anchor the home's timeless character. Original
Experience peaceful country living with this beautiful 8.8+/- acre parcel in Floyd County. Offering a private setting with plenty of open space, this property provides the perfect opportunity to build your dream home, create a recreational retreat, or invest in land with endless potential. Enjoy the quiet surroundings while still having convenient access to local amenities, schools, and nearby
Check out this stunning fully remodeled riverfront home featuring 2 bedrooms, 2 bathrooms, and stylish rustic-modern finishes throughout. The warm wood interiors, vaulted ceilings, and updated living spaces create the perfect waterfront escape. Recent improvements are not only cosmetic. Enjoy peace of mind with a brand-new roof, new windows, freshly serviced HVAC, and the well has recently been
BACK ON THE MARKET — AT NO FAULT OF THE SELLER! Your second chance is here—but don't wait! Opportunities like this are incredibly rare and don't last long. RARE FIND IN FLOYD COUNTY! Nestled on 3.4 picturesque acres in an award-winning school district, this exceptional property offers over 2,500 sq. ft. of living space and the perfect blend of privacy, country charm, and convenience—just 10
Nicely redone inside and out on this 3 bedroom vinyl siding home that has had many upgrades in the last year: roof, crawl space, paint, dog door, rear privacy fence and blinds to start with. This home is ready for quick possession and qualifies for 100% USDA FINANCING, VA 100%, FHA 3.5% plus all other standard financing options. This home will not last long. Plus the one car garage is a front
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
