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Franklin Homes for Sale

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  • /17

    $180,000

    • 2 Beds
    • 1.5 Baths
    • 2,880 Sq Ft

    1534 W 2nd St, Marion, IN 46952

    Perfect business opportunity! Located on a main road, this property offers excellent visibility and convenience with a full paved parking lot, plus additional parking across the street on an included lot measuring nearly half an acre. Upstairs, you’ll find a move-in-ready 1-bedroom apartment, ideal for rental income or owner occupancy. A versatile property with endless potential!

    Agent Photo

    Kayla Poling

    F.C. Tucker Realty Center

    (765) 523-4248

    1534 W 2nd St, Marion, IN 46952
  • /6

    $47,200

    • 3 Beds
    • 1 Bath
    • 982 Sq Ft

    1309 W 1st St, Marion, IN 46952

    Jeff Bryan Point1 Realty

    1309 W 1st St, Marion, IN 46952
  • /2

    $5,500

    • Land
    • 0.1 Acre
    • $53,398 per Acre

    1512 W Spencer Ave, Marion, IN 46952

    Alexis Johnson Nicholson Realty 2.0 LLC

    1512 W Spencer Ave, Marion, IN 46952
  • /10

    $29,000

    • 3 Beds
    • 1 Bath
    • 1,442 Sq Ft

    1436 W Spencer Ave, Marion, IN 46952

    Investor Alert! Fixer-upper in Marion, Indiana - a great investment opportunity! This home offers 3 bedrooms, 1 bath, and a spacious loft on the second floor. Buyer and buyer's agent to perform due diligence; room sizes are approximate.

    Kerolos Sarofem HSI Commercial & Residential Group, Inc

    1436 W Spencer Ave, Marion, IN 46952
  • /2

    $23,555

    • 2 Beds
    • 1 Bath
    • 1,246 Sq Ft

    1646 W Nelson St, Marion, IN 46952

    This vacant single-family home at 1646 W Nelson St in Marion, IN offers a unique opportunity for investors or buyers looking for a full rehab project. The property is one story, approximately 1,246 square feet, and features four bedrooms.

    Seth Dawson eXp Realty, LLC

    1646 W Nelson St, Marion, IN 46952
  • /2

    $23,555

    • 3 Beds
    • 1 Bath
    • 1,154 Sq Ft

    1643 W Nelson St, Marion, IN 46952

    This vacant two-story home at 1643 W Nelson St in Marion, IN offers a great opportunity for investors or renovators. Built in 1910, the property features three bedrooms and one bathroom on a 33x132 lot.

    Seth Dawson eXp Realty, LLC

    1643 W Nelson St, Marion, IN 46952
  • /42

    $33,500

    • 3 Beds
    • 1 Bath
    • 880 Sq Ft

    1615 W 1st St, Marion, IN 46952

    Investment opportunity to bring this 3 br 1ba bath to life

    Keri Hir Keri Hir

    1615 W 1st St, Marion, IN 46952

Why Live in Franklin

Franklin, a neighborhood in Marion, is characterized by its early 1900s bungalows and Nationals, with telephone wires adding to its historic charm. The Marion water tower is a notable landmark, visible from the sidewalks that connect residents to local amenities like Franklin Park, where children can easily access the playground. The Cardinal Greenway Trail runs along the southern edge, offering a scenic route toward downtown Marion and beyond. Matter Park, located on the northern side of the city, provides over 100 acres of recreational space, including playgrounds, butterfly gardens, and courts for tennis and pickleball. Dining options in Franklin range from chain restaurants on Baldwin Avenue to local spots like Don’s Tap, known for its pub fare and outdoor patio. Grocery shopping is convenient with Ruler Foods and Needler’s Fresh Market about a mile away, and Aldi just 1.5 miles from the neighborhood. The West Marion bus route facilitates easy commuting to downtown and nearby work locations. While the local schools have average ratings, Marion High School offers an Advanced High School Credit program. Franklin's location provides access to community events at Matter Park, such as the Marion Fall Festival and the Walkway of Light during the holiday season.

Frequently Asked Questions

Is Franklin a good place to live?
Franklin is a good place to live. Franklin is considered somewhat walkable and bikeable. Franklin has 1 park for recreational activities. It has a median age of 39. The average household income is $40,509 which is below the national average. College graduates make up 11.8% of residents. A majority of residents in Franklin are home owners, with 49.9% of residents renting and 50.1% of residents owning their home. A local real estate agent serving Franklin can help you decide if this neighborhood is the right one for you. Learn more on our Franklin neighborhood guide.
Is Franklin, IN a safe neighborhood?
Franklin, IN is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $64,900. If you put a 20% down payment of $13,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $14K a year to afford the median home price in Franklin. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Franklin is $41K.
What are the best public schools in Franklin?
The best public schools that serve Franklin are:
What are the best private schools in Franklin?
The best private schools that serve Franklin are:
What are the most popular zip codes in Franklin, Marion, IN?
The most popular zip codes in Franklin, Marion, IN include 46952, 46953, 46987, 46986 and 46933.
What are the most popular neighborhoods near Franklin, Marion, IN?
The most popular neighborhoods near Franklin, Marion, IN are Sunnywest, Westside, Downtown Marion, Laural Valley and Shady Hills.
Are home prices dropping in Franklin?
Yes, home prices in Franklin are down 7% in the last 12 months.

Home Trends in Franklin, IN

Housing Trends

Median Sale Price
$61,950
Median Single Family Sale Price
$48,000
Average Price Per Sq Ft
$52
Number of Homes for Sale
5
Last 12 months Home Sales
12
Months of Supply
5.00
Median List Price
$64,900
Median Change From 1st List Price
17%
Median Home Sale Price YoY Change
-19%
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