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Franklin Homes for Sale

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  • 0 Farnsley Knob Rd, Elizabeth, IN 47117
    0 Farnsley Knob Rd, Elizabeth, IN 47117
    0 Farnsley Knob Rd, Elizabeth, IN 47117
    /4

    $192,500

    • Land
    • 11 Acres
    • $17,500 per Acre

    0 Farnsley Knob Rd, Elizabeth, IN 47117

    Beautiful wooded lot with option for 8-11 acres, in award winning Floyd Central School district. Priced at $17,500 an acre. Property is in Floyd County, Town of Elizabeth. Buyer to pay for survey of desired acres to purchase, which will be split off from the left side of property's current survey and as pictured. Surveyor will create the right side boundary. Approximately 100 ft of road

    Agent Photo

    Terri Wedding

    Semonin REALTORS

    (812) 289-7693

    0 Farnsley Knob Rd, Elizabeth, IN 47117
  • 2180 2 Mile Ln, New Albany Township, IN 47150
    2180 2 Mile Ln, New Albany Township, IN 47150
    2180 2 Mile Ln, New Albany Township, IN 47150
    /17

    $89,000

    • Land
    • 3.28 Acres
    • $27,134 per Acre

    2180 2 Mile Ln, New Albany Township, IN 47150

    Beautiful building lot in Floyd county. This secluded building lot is wooded and ready for your new home. The view from the plateau at the top of the hill is simply amazing! With the sightlines to the river and beyond your home will be the perfect place to watch "Thunder over Louisville." Electric and water is available at the corner of the lot. There is a shared easement off the road that

    Agent Photo

    Matt Lincoln

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 577-8524

    2180 2 Mile Ln, New Albany Township, IN 47150
  • 7039 Oaken Ln, Lanesville, IN 47136
    7039 Oaken Ln, Lanesville, IN 47136
    7039 Oaken Ln, Lanesville, IN 47136
    /18

    $449,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,315 Sq Ft

    7039 Oaken Ln, Lanesville, IN 47136

    Schuler Built Homes is offering the desirable INDEPENDENCE floor plan on lot 233 in POPLAR WOODS neighborhood located close to the Georgetown exit in Floyd Central School District! 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 with spacious yards and not many lots left in POPLAR WOODS! You'll love how this one flows

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7039 Oaken Ln, Lanesville, IN 47136
  • 7033 Oaken Ln Unit Lot 236, Lanesville, IN 47136
    7033 Oaken Ln Unit Lot 236, Lanesville, IN 47136
    7033 Oaken Ln Unit Lot 236, Lanesville, IN 47136
    /48

    $439,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,264 Sq Ft

    7033 Oaken Ln Unit Lot 236, Lanesville, IN 47136

    The new VALOR floor plan by Schuler Homes! Located in Floyd Central School District, offering 4 Bedrooms, 3 FULL Baths, a 3 CAR GARAGE, and a 200’ deep lot, this one checks all the boxes and is ready for you to move right in! This home as an open floor plan, split bedrooms, and a first-floor Primary Suite. You’ll love the spacious Kitchen, which boasts a 7-ft island, Quartz Countertops, Tiled

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7033 Oaken Ln Unit Lot 236, Lanesville, IN 47136
  • 7037 Oaken Ln Unit Lot 234, Lanesville, IN 47136
    7037 Oaken Ln Unit Lot 234, Lanesville, IN 47136
    7037 Oaken Ln Unit Lot 234, Lanesville, IN 47136
    /6

    $469,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,406 Sq Ft

    7037 Oaken Ln Unit Lot 234, Lanesville, IN 47136

    ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. *Estimated Completion Date is Mid-February 2026* This Laurel Plan features a large, covered front porch with stunning stained trim. This 4-bedroom, 3-bath home with 2,406 sq. ft. offers an open floor plan, split bedrooms, a first-floor Primary suite, and a FULL basement! The spacious living room boasts 9' ceilings and abundant natural

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7037 Oaken Ln Unit Lot 234, Lanesville, IN 47136
  • 7035 Oaken Lane Lot#235, Lanesville, IN 47136
    7035 Oaken Lane Lot#235, Lanesville, IN 47136
    7035 Oaken Lane Lot#235, Lanesville, IN 47136
    /4

    $479,900 New Construction

    • 4 Beds
    • 3 Baths
    • 2,517 Sq Ft

    7035 Oaken Lane Lot#235, Lanesville, IN 47136

    ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. *Estimated Completion Date is lateFebruary 2026* This NEW ACCORD Plan features 4-bedrooms, 3-bath home with 2,517 sq. ft. offers an open floor plan, split bedrooms, a first-floor master suite, and a FULL basement! The spacious living room boasts 9' ceilings and abundant natural light. The striking kitchen showcases beautiful CABINETS,

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7035 Oaken Lane Lot#235, Lanesville, IN 47136
  • 5456 State Road 111, New Albany, IN 47150
    5456 State Road 111, New Albany, IN 47150
    5456 State Road 111, New Albany, IN 47150
    /9

    $99,900

    • 1 Bed
    • 1.5 Baths

    5456 State Road 111, New Albany, IN 47150

    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.

    Mary Finkle Mainstreet REALTORS

    5456 State Road 111, New Albany, IN 47150
  • 0 Craig Cooper Rd Unit 2025011454, Franklin Township, IN 47150
    0 Craig Cooper Rd Unit 2025011454, Franklin Township, IN 47150
    0 Craig Cooper Rd Unit 2025011454, Franklin Township, IN 47150
    /9

    $249,900

    • Land
    • 40 Acres
    • $6,248 per Acre

    0 Craig Cooper Rd Unit 2025011454, Franklin Township, IN 47150

    RECREATIONAL PROPERTY! Excellent deer and turkey hunting! 40 wooded acres located just outside of New Albany. Property is accessed through a 20'easement and has access to one end of a small lake. This property would be an excellent location for your weekend getaway, private retreat, off grid living location, ATV, or hunting needs.

    Josh Orme Mossy Oak Properties Hoosier Land and Farm

    0 Craig Cooper Rd Unit 2025011454, Franklin Township, IN 47150
Indiana Floyd County New Albany Franklin

Real Estate & Homes for Sale in Franklin, New Albany

Why Live in Franklin
Franklin, located on the outskirts of New Albany, Indiana, offers a rural atmosphere with a mix of new constructions and older homes, including bungalows, ranch-styles, and Colonial Revival designs. The neighborhood is characterized by its expansive farmland, wooded hills, and river views, providing residents with a sense of privacy and natural beauty. Planned communities like Poplar Wood feature large traditional and Classical Revival estates. Franklin is just 9 miles from Louisville, making it convenient for accessing city amenities. Students attend highly rated schools such as Scribner Middle and New Albany High, known for its award-winning theater program. Shopping and dining options are plentiful, with nearby Georgetown offering spots like Village House Coffee and 812 Pizza, while Downtown New Albany features independent restaurants like Dragon King’s Daughter and The Exchange Pub and Kitchen. Outdoor enthusiasts can enjoy the Campbell-Woodland Nature Trails, Falls of the Ohio State Park, and Garry E. Cavan Park. The Sporting Club at the Farm provides recreational activities such as archery and skeet shooting. Annual events like the Harvest Homecoming Festival and entertainment at Caesars Southern Indiana Hotel and Casino add to the local charm. Despite its rural setting, Franklin is well-connected via major highways, with New Albany just over 6 miles away and Downtown Louisville about 11 miles away. The area has a lower crime rate compared to the national average, contributing to its appeal for potential homebuyers.
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 very car-dependent. Franklin is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Franklin has 5 parks for recreational activities. It has a median age of 47. The average household income is $95,367 which is below the national average. College graduates make up 25% of residents. A majority of residents in Franklin are home owners, with 10.8% of residents renting and 89.2% 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 safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $437,400. If you put a 20% down payment of $87,500 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Franklin. The average household income in Franklin is $95K.
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, New Albany, IN?
The most popular zip codes in Franklin, New Albany, IN include 47150, 40216, 47117, 47122 and 47136.
What are the most popular neighborhoods near Franklin, New Albany, IN?
The most popular neighborhoods near Franklin, New Albany, IN are Riverside Gardens, Saint Denis, Chickasaw, Park Duvalle and Shawnee.

Home Trends in Franklin, IN

On average, homes in Franklin, New Albany sell after 85 days on the market compared to the national average of 53 days. The median sale price for homes in Franklin, New Albany over the last 12 months is $405,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$405,000
Median Single Family Sale Price
$414,900
Average Price Per Sq Ft
$168
Number of Homes for Sale
14
Last 12 months Home Sales
35
Months of Supply
4.80
Median List Price
$437,400
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
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