6

Franklin Homes for Sale

Section Image
  • 1420 W 5th St, Marion, IN 46953
    1420 W 5th St, Marion, IN 46953
    1420 W 5th St, Marion, IN 46953
    /16

    $59,900

    • 2 Beds
    • 1.5 Baths
    • 1,074 Sq Ft

    1420 W 5th St, Marion, IN 46953

    Quaint Bungalow! Convenient Location just off the Marion Bypass. Enclosed Front Porch. Living Room w/ fireplace & Dining Room w/ built-ins. Kitchen appliances will remain. 2 Bedrooms & 1.5 Baths. Laundry/Mud Room. 2 Storage Sheds. Partially Fenced Yard. Offering Immediate Possession! Roof is 2-3 years old, single layer shingles.

    Joe Schroder RE/MAX Realty One

    1420 W 5th St, Marion, IN 46953
  • 1534 W 2nd St, Marion, IN 46952
    1534 W 2nd St, Marion, IN 46952
    1534 W 2nd St, Marion, IN 46952
    /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!

    Kayla Poling F.C. Tucker Realty Center

    1534 W 2nd St, Marion, IN 46952
  • 1436 W Spencer Ave, Marion, IN 46952
    1436 W Spencer Ave, Marion, IN 46952
    1436 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
  • 303 S Lenfesty Ave, Marion, IN 46952
    303 S Lenfesty Ave, Marion, IN 46952
    303 S Lenfesty Ave, Marion, IN 46952
    /21

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,851 Sq Ft

    303 S Lenfesty Ave, Marion, IN 46952

    Spacious Ranch Home on Oversized Corner Lot! Welcome to this beautifully updated 1,851 sq ft ranch-style home featuring 3 bedrooms—plus a flexible 4th room perfect for an office, den, or guest space. With two brand-new full bathrooms and a completely remodeled eat-in kitchen boasting new cabinetry, appliances, and countertops, this home offers both comfort and style. Enjoy multiple living areas,

    Jim Wood Creative Realty - Peru

    303 S Lenfesty Ave, Marion, IN 46952
  • 1512 W Spencer Ave, Marion, IN 46952
    1512 W Spencer Ave, 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
  • 2200 W 2nd St, Marion, IN 46952
    2200 W 2nd St, Marion, IN 46952
    2200 W 2nd St, Marion, IN 46952
    /3

    $45,900

    • Land
    • 1.05 Acres
    • $43,714 per Acre

    2200 W 2nd St, Marion, IN 46952

    Vacant Lot situated in an opportune location next to a Pizzaria, a large apartment complex, and other flourishing businesses. Conveniently located on W 2nd Street (State Road 18) and is in walking distance to the popular Cardinal Greenway bike and walking trail.

    Christina Peters Cassell Peter Khosla, Inc

    2200 W 2nd St, Marion, IN 46952
Indiana Grant County Marion Franklin

Real Estate & Homes for Sale in Franklin, Marion

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.
Learn more about living in Franklin

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 6 out of 10.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $73,200. If you put a 20% down payment of $14,600 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $15K a year to afford the median home price in Franklin. 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, 46750 and 46933.
What are the most popular neighborhoods near Franklin, Marion, IN?
The most popular neighborhoods near Franklin, Marion, IN are Sunnywest, Shady Hills, Downtown Marion, Center City and Bend of the River.
Are home prices dropping in Franklin?
Yes, home prices in Franklin are down 11% in the last 12 months.

Home Trends in Franklin, IN

On average, homes in Franklin, Marion sell after 75 days on the market compared to the national average of 53 days. The median sale price for homes in Franklin, Marion over the last 12 months is $65,450, down 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$65,450
Median Single Family Sale Price
$65,450
Average Price Per Sq Ft
$57
Number of Homes for Sale
3
Last 12 months Home Sales
16
Months of Supply
2.30
Median List Price
$73,200
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-15%
How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group