Franklin Homes for Sale

Q: What are the best public schools in Franklin?

The best public schools that serve Franklin are:Marion High School has a B- Niche grade, a student teacher ratio of 19:1 and an average review score of 3.5.John W. Kendall Elementary School has a C+ Niche grade and a student teacher ratio of 16:1.Justice Thurgood Marshall Intermediate School has a C+ Niche grade and a student teacher ratio of 13:1.

Q: What are the best private schools in Franklin?

The best private schools that serve Franklin are:St. Paul Parish School has a student teacher ratio of 13:1.Kinwell Academy Inc has a student teacher ratio of 7:1.

/5
$17,000

$13K PRICE DROP
- 3 Beds
- 1 Bath
- 1,456 Sq Ft
1615 W 1st St, Marion, IN 46952

Looking for a fixer upper with a lot of potential and a park close by quiet neighborhood come check it out!!!!!!

Sheryl Harner

Harner Realty LLC

1615 W 1st St, Marion, IN 46952
Explore Franklin
/2
$45,000

$20K PRICE DROP
- 3 Beds
- 1 Bath
- 2,176 Sq Ft
1508 W Spencer Ave, Marion, IN 46952

Bring your vision and make this property shine! This fixer-upper is packed with potential and ready for someone to restore it to its full charm. Whether you’re an investor, flipper, or buyer looking to create your dream home, this property offers a great opportunity to build equity. Featuring solid bones, spacious living areas, and endless possibilities for updates and customization. Conveniently

Kayla Poling-Garcia

F.C. Tucker Realty Center

1508 W Spencer Ave, Marion, IN 46952
/23
$225,000

$30K PRICE DROP
- 4 Beds
- 5 Baths
- 13,055 Sq Ft
1301 W 2nd St, Marion, IN 46952

Motivated sellers ! HIGH-TRAFFIC LOCATION! Don't miss this exceptional mixed-use property offering endless possibilities for business owners and investors alike. Positioned on a prominent, lighted corner with excellent visibility, this versatile building combines commercial space on the main level with a spacious residential apartment above. The main level is currently a beauty salon and provides

Kayla Poling-Garcia

F.C. Tucker Realty Center

1301 W 2nd St, Marion, IN 46952
/28
$120,000

$10K PRICE DROP
- 2 Beds
- 1 Bath
- 980 Sq Ft
1426 W 2nd St, Marion, IN 46952

Back on market, buyer got cold feet and decided they didn’t want to buy a house. Move-in ready and completely remodeled! This 3-bedroom, 1-bath home offers 980 square feet of updated living space featuring modern finishes, fresh paint, updated flooring, and a spacious kitchen with abundant cabinetry. Enjoy the comfort of central air and gas forced-air heat, plus a detached 1-car garage and

Kristine Miller

Apple Tree Realty, LLC

1426 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-Garcia

F.C. Tucker Realty Center

1534 W 2nd St, Marion, IN 46952
/12
$74,900
- 2 Beds
- 1.5 Baths
- 1,411 Sq Ft
1651 W 2nd St, Marion, IN 46952

This 2-bedroom, 1.5-bath home offers 1,411 sq ft of living space and is situated on a corner lot with a fenced-in backyard, back deck, and covered front porch. The interior features some hardwood flooring and a spacious kitchen with ample cabinet storage. A bonus room upstairs provides additional flexible space for storage, office use, or other needs. It’s currently tenant occupied and generating

Robert Ping Ping Realty, LLC

1651 W 2nd St, Marion, IN 46952
/13
$17,900

$17K PRICE DROP
- 2 Beds
- 2 Baths
- 1,088 Sq Ft
1710 W 5th St, Marion, IN 46953

Opportunity awaits with this 2-bedroom, 2-bath home offering 1,088 square feet of living space on a generous 0.40-acre lot. Built in 1952, this property features an enclosed porch, detached 2-car garage, and plenty of outdoor space with room to expand, garden, or create your ideal backyard setup. The home will require updates and repairs both inside and out, making it a great potential project

Bryce Conyers Starr Real Estate LLC

1710 W 5th St, Marion, IN 46953
/18
$25,000

$4K PRICE DROP
- 1 Bed
- 1 Bath
- 540 Sq Ft
1613 W Jeffras Ave, Marion, IN 46952

Calling all investors! Come take a look at this one! It needs work, but the work has been started! Recent updates include: all new water lines throughout, new water heater, some new drywall and ADT security system. Supplies that remain include: drywall, plywood, plumbing supplies, and new bathtub surround. Appliances aren’t included but are negotiable. Home is being sold AS IS. Sale includes

Darla Chew F.C. Tucker Realty Center

1613 W Jeffras Ave, Marion, IN 46952

Indiana Grant County 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

Franklin, Marion, IN Home Prices vs. Nearby Neighborhoods

	Franklin	Frances Slocum	Center City	Bend of the River
Median Home Price	$67,500	$50,000	$51,999	$79,000
Median Sale Price	$55,000 -25% YoY	$67,500 -23% YoY	$42,000 -22% YoY	$31,000 -52% YoY
Avg. Price per Square Foot	$49	$55	$32	$49
Median Single Family Price	$55,000	$72,500	$42,000	$62,500
Total Active Listings	8 listings	1 listing	3 listings	3 listings
Market Conditions	7 Months of Supply Buyer's Market	6 Months of Supply Balanced Market	3 Months of Supply Seller's Market	5 Months of Supply Balanced Market

Frequently Asked Questions

Is Franklin a good place to live?

Franklin is a good place to live. Franklin is considered car-dependent and somewhat 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 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.

How much do you need to make to afford a house in Franklin?

The median home price in Franklin is $67,500. If you put a 20% down payment of $13,500 and had a 30-year fixed mortgage with an interest rate of 6.95%, 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. 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:

Marion High School has a B- Niche grade, a student teacher ratio of 19:1 and an average review score of 3.5.
John W. Kendall Elementary School has a C+ Niche grade and a student teacher ratio of 16:1.
Justice Thurgood Marshall Intermediate School has a C+ Niche grade and a student teacher ratio of 13:1.

What are the best private schools in Franklin?

The best private schools that serve Franklin are:

St. Paul Parish School has a student teacher ratio of 13:1.
Kinwell Academy Inc has a student teacher ratio of 7:1.

What are the most popular zip codes in Franklin, Marion, IN?

The most popular zip codes in Franklin, Marion, IN include 46952, 46953, 46987, 46933 and 46938.

What are the most popular neighborhoods near Franklin, Marion, IN?

The most popular neighborhoods near Franklin, Marion, IN are Downtown Marion, Emily Flynn, Shady Hills, Bend of the River and Foster.

Are home prices dropping in Franklin?

Yes, home prices in Franklin are down 16% in the last 12 months.

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