8

Franklin Homes for Sale

Section Image Section Image
  • 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
    /16

    $90,000

    • Land
    • 3.28 Acres
    • $27,439 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) 382-3477

    2180 2 Mile Ln, New Albany Township, IN 47150
  • 2189 2 Mile Ln, New Albany, IN 47150
    2189 2 Mile Ln, New Albany, IN 47150
    2189 2 Mile Ln, New Albany, IN 47150
    /15

    $370,000

    • 2 Beds
    • 1.5 Baths
    • 1,352 Sq Ft

    2189 2 Mile Ln, New Albany, IN 47150

    Escape to Your Private OasisDiscover this stunning, secluded log cabin sitting on 2 acres in Floyd county. featuring soaring 17-foot ceilings, a cozy large stone fireplace in the living room, and the rustic charm you’ve been dreaming of. Perfect for work or play, the property includes three spacious pole barn workshops and ample parking to accommodate all your projects and guests. Relax and

    Wesley Sama High Performance Home Group, L

    2189 2 Mile Ln, New Albany, IN 47150
  • 3186 Gap Hollow Rd, New Albany, IN 47150
    3186 Gap Hollow Rd, New Albany, IN 47150
    3186 Gap Hollow Rd, New Albany, IN 47150
    /14

    $39,000

    • 1 Bed
    • 1 Bath
    • 696 Sq Ft

    3186 Gap Hollow Rd, New Albany, IN 47150

    Investor or handyman special. Great country setting just right outside downtown! You'll love theviews and peacefulness this property provides. Just a few minutes down the road from the casino.Good size detached garage. Single wide manufactured home needs full rehab. This property is soldAS-IS

    James Mann RE/MAX FIRST

    3186 Gap Hollow Rd, New Albany, IN 47150
  • 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

    Terri Wedding Semonin REALTORS

    0 Farnsley Knob Rd, Elizabeth, IN 47117
  • 5456 State Road 111, New Albany, IN 47150
    5456 State Road 111, New Albany, IN 47150
    5456 State Road 111, New Albany, IN 47150
    /12

    $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
  • 7035 Oaken Ln, Lanesville, IN 47136
    7035 Oaken Ln, Lanesville, IN 47136
    7035 Oaken Ln, Lanesville, IN 47136
    /3

    $479,900 New Construction

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

    7035 Oaken Ln, Lanesville, IN 47136

    ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. *Estimated Completion Date isFebruary 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, stone

    Kurt Schuler Schuler Bauer Real Estate Services ERA Powered (N

    7035 Oaken Ln, Lanesville, IN 47136
  • 7031 Oaken Ln, Lanesville, IN 47136
    7031 Oaken Ln, Lanesville, IN 47136
    7031 Oaken Ln, Lanesville, IN 47136
    /12

    $339,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,577 Sq Ft

    7031 Oaken Ln, Lanesville, IN 47136

    ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. *Estimated Completion Date isFebruary 2026* This Laurel Plan features a large, covered front porch with stunning stained trim. This 3-bedroom, 2-bath home with 1,577 sq. ft. offers an open floor plan, split bedrooms, a first-floor mastersuite, all on one level! The spacious living room boasts 9' ceilings and abundant natural

    Kurt Schuler Schuler Bauer Real Estate Services ERA Powered (N

    7031 Oaken Ln, Lanesville, IN 47136
  • 7033 Oaken Ln, Lanesville, IN 47136
    7033 Oaken Ln, Lanesville, IN 47136
    7033 Oaken Ln, Lanesville, IN 47136
    /22

    $449,900 Open Sun 2PM - 4PM

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

    7033 Oaken Ln, Lanesville, IN 47136

    *ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. *Estimated Completion Date is Early September* NEW PLAN – The Valor is a stunning 4-bedroom, 3-bath home offering 2,264 sqft of thoughtfully designed space with an open floor plan, split bedrooms, and a first-floor Primary Suite. The spacious Kitchen boasts a 7-ft island, Upgraded Quartz Countertops, a Tile Backsplash, a Custom Pantry, and

    Kurt Schuler Schuler Bauer Real Estate Services ERA Powered (N

    7033 Oaken Ln, Lanesville, IN 47136
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 and somewhat bikeable. 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.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $434,900. If you put a 20% down payment of $87,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,140 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, 47117, 40216, 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 88 days on the market compared to the national average of 52 days. The median sale price for homes in Franklin, New Albany over the last 12 months is $413,900, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$413,900
Median Single Family Sale Price
$413,900
Average Price Per Sq Ft
$168
Number of Homes for Sale
6
Last 12 months Home Sales
41
Months of Supply
1.80
Median List Price
$434,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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