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Franklin Homes for Sale

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  • 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
  • 3536 Budd Rd, New Albany, IN 47150
    3536 Budd Rd, New Albany, IN 47150
    3536 Budd Rd, New Albany, IN 47150
    /26

    $225,000

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft

    3536 Budd Rd, New Albany, IN 47150

    Enjoy a Slice of Country Just Minutes from Town!This beautifully renovated home offers the best of both worlds—peaceful country living with easy access to town. Nearly every inch of this home has been thoughtfully updated, inside and out.The exterior features a brand-new roof (including replaced sheathing and rafters as needed), new gutters and soffit, new vinyl siding, and new front

    Scott Bohnert 85W Real Estate

    3536 Budd Rd, New Albany, 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

    $375,000

    • 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
  • 3738 Gap Hollow Rd, New Albany, IN 47150
    3738 Gap Hollow Rd, New Albany, IN 47150
    3738 Gap Hollow Rd, New Albany, IN 47150
    /17

    $99,900

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

    3738 Gap Hollow Rd, New Albany, IN 47150

    *INVESTOR SPECIAL* CASH OFFERS ONLY -Affordable Investment Opportunity in a Private Setting!This 3-bedroom, 2-bath manufactured double-wide sits on a quiet and secluded 0.69-acre lot, offering peace, privacy, and potential. Whether you’re looking to expand your rental portfolio or secure a budget-friendly primary residence, this property fits the bill.The spacious layout provides

    Adam Tetrick The Agency Louisville

    3738 Gap Hollow Rd, 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
  • 5425 Budd Rd, New Albany, IN 47150
    5425 Budd Rd, New Albany, IN 47150
    5425 Budd Rd, New Albany, IN 47150
    /39

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,741 Sq Ft

    5425 Budd Rd, New Albany, IN 47150

    Over 1700 sf of living space on 6 acres in Floyd county! This 2-story home features 3 spacious bedrooms and 2 full baths, offering ample space for all your needs. The main level boasts a cozy living room with a wood-burning fireplace and a spectacular great room with cathedral ceilings, creating an open and airy atmosphere perfect for entertaining. The updated kitchen features brand-new

    Sara McNally Homepage Realty

    5425 Budd Rd, New Albany, IN 47150
  • 7033 Oaken Ln, Lanesville, IN 47136
    7033 Oaken Ln, Lanesville, IN 47136
    7033 Oaken Ln, Lanesville, IN 47136
    /23

    $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 Late October* 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 a

    Stephannie Wilson Schuler Bauer Real Estate Services ERA Powered (N

    7033 Oaken Ln, Lanesville, IN 47136
  • 7044 Oaken Ln Unit LOT 207, Lanesville, IN 47136
    7044 Oaken Ln Unit LOT 207, Lanesville, IN 47136
    7044 Oaken Ln Unit LOT 207, Lanesville, IN 47136
    /52

    $439,900 Open Sun 2PM - 4PM

    • 4 Beds
    • 3 Baths
    • 2,451 Sq Ft

    7044 Oaken Ln Unit LOT 207, Lanesville, IN 47136

    Introducing The "ALLEN" Plan in POPLAR WOODS of FLOYD COUNTY! QUALITY built by ASB with a 3 CAR GARAGE, this plan is a 4 bedroom, 3 full bath, WIDE OPEN floor plan great for entertaining, 10 ft smooth ceilings in the great room that boast gorgeous wood beams, and a FINISHED basement! This exterior is SUPER ATTRACTIVE with a mixture of board & batten, brick, and other details! LVP "life proof"

    Troy Stiller Schuler Bauer Real Estate Services ERA Powered (N

    7044 Oaken Ln Unit LOT 207, 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 $259,900. If you put a 20% down payment of $52,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K 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 47136, 47150, 40216, 47117 and 47122.
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 Pleasure Ridge Park.

Home Trends in Franklin, IN

On average, homes in Franklin, New Albany sell after 25 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, New Albany over the last 12 months is $212,000.

Housing Trends

Median Sale Price
$212,000
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$259,900
Median Change From 1st List Price
18%
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