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Franklin Homes for Sale

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  • 303 S Lenfesty Ave, Marion, IN 46952
    303 S Lenfesty Ave, Marion, IN 46952
    303 S Lenfesty Ave, Marion, IN 46952
    /21

    $180,000

    • 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
  • 1514 W 2nd St, Marion, IN 46952
    1514 W 2nd St, Marion, IN 46952
    1514 W 2nd St, Marion, IN 46952
    /23

    $49,900

    • 3 Beds
    • 1 Bath
    • 2,120 Sq Ft

    1514 W 2nd St, Marion, IN 46952

    Charming 3 bedroom, 1 bathroom home in the heart of Marion, IN! This house is a great investment opportunity! Some updates have been completed in the home. Furnace is approximately 6 years old, electricity updated approximately 5 years ago with new LED overhead lights. It is just waiting for your finishing touches! Large attic area has been partially finished for additional living space!

    Marilyn Wells M2 Realty and Auctions LLC

    1514 W 2nd St, 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 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 $47,451 which is below the national average. College graduates make up 12.2% of residents. A majority of residents in Franklin are renters, with 50.2% of residents renting and 49.8% 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 $79,900. If you put a 20% down payment of $16,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Franklin. The average household income in Franklin is $47K.
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, 46992, 46953, 47348 and 46036.
What are the most popular neighborhoods near Franklin, Marion, IN?
The most popular neighborhoods near Franklin, Marion, IN are Martin Boots, Sunnywest, Westside, Garfield and Euclid Triangle.

Home Trends in Franklin, IN

On average, homes in Franklin, Marion sell after 59 days on the market compared to the national average of 49 days. The median sale price for homes in Franklin, Marion over the last 12 months is $76,500, up 40% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$76,500
Median Single Family Sale Price
$78,000
Average Price Per Sq Ft
$61
Number of Homes for Sale
1
Last 12 months Home Sales
21
Months of Supply
0.60
Median List Price
$79,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
40%
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