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Franklin Homes for Sale

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  • 5819 Blunk Knob Rd, Elizabeth, IN 47117
    5819 Blunk Knob Rd, Elizabeth, IN 47117
    5819 Blunk Knob Rd, Elizabeth, IN 47117
    /58

    $379,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    5819 Blunk Knob Rd, Elizabeth, IN 47117

    Escape to the peace and privacy of this secluded Amish built log cabin and start creating lifelong memories on 12.47 beautiful acres in Floyd County. Offering 3 bedrooms and 2 full bathrooms, this property invites you to settle into your own private oasis and embrace the simple joys of cabin living. Inside, you’ll love the soaring vaulted ceilings and open concept living room and kitchen,

    Agent Photo

    Kim Kraft

    Berkshire Hathaway HomeServices Parks & Weisberg R

    (812) 666-8213

    5819 Blunk Knob Rd, Elizabeth, IN 47117
  • 7035 Oaken Lane Lot#235, Lanesville, IN 47136
    7035 Oaken Lane Lot#235, Lanesville, IN 47136
    7035 Oaken Lane Lot#235, Lanesville, IN 47136
    /10

    $479,900 Open Sun 2PM - 4PM

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

    7035 Oaken Lane Lot#235, Lanesville, IN 47136

    Schuler Homes is giving you a $7,500 BUYER INCENTIVE for this new home! You can use the $7,500 towards any allowable closing costs, a refrigerator allowance, and/or an interest rate buy down! *Estimated Completion Date is late April 2026* This NEW ACCORD Plan features 4-bedrooms, 3-bath home with over 2,500 sq. ft. offers an open floor plan, split bedrooms, a first-floor master suite, and a FULL

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7035 Oaken Lane Lot#235, Lanesville, IN 47136
  • 7039 Oaken Ln, Lanesville, IN 47136
    7039 Oaken Ln, Lanesville, IN 47136
    7039 Oaken Ln, Lanesville, IN 47136
    /32

    $449,900 Open Sun 2PM - 4PM

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

    7039 Oaken Ln, Lanesville, IN 47136

    Schuler Built Homes is offering a $5,000 incentive towards your closing costs, interest rate buydown, or a refrigerator allowance- YOUR CHOICE. The desirable INDEPENDENCE floor plan on lot 233 in POPLAR WOODS is move-in ready! 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 in Floyd County with spacious yards and not

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7039 Oaken Ln, Lanesville, IN 47136
  • 3975 Highway 11, Lanesville, IN 47136
    3975 Highway 11, Lanesville, IN 47136
    3975 Highway 11, Lanesville, IN 47136
    /16

    $214,000

    • 3 Beds
    • 2 Baths
    • 2,016 Sq Ft

    3975 Highway 11, Lanesville, IN 47136

    Home on 4.27 Acres in Lanesville, Manufactured Double Wide Home with Living Room, Family Room, Wood Burning Fireplace, Covered Porch with Ramp and Steps, Back Deck with Fenced Yard, Motivated Seller, Selling Home AS IS with giving $9,000 for Buyer to use as they choose in repairs or updates.

    Tamara Pierce

    3975 Highway 11, Lanesville, IN 47136
  • 7037 Oaken Ln, Lanesville, IN 47136
    7037 Oaken Ln, Lanesville, IN 47136
    7037 Oaken Ln, Lanesville, IN 47136
    /24

    $469,900 Open Sun 1PM - 4PM

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

    7037 Oaken Ln, Lanesville, IN 47136

    Schuler Built Homes is offering a $5,000 incentive towards your closing costs, interest rate buydown, or a refrigerator allowance- YOUR CHOICE. This LAUREL plan will be completed Mid-March and features a large, covered front porch with stunning stained trim. 4-bedroom, 3-bath with an open floor plan, split bedrooms, a first-floor Primary suite, and a FULL finished basement! The spacious living

    Jesse Niehaus Schuler Bauer Real Estate Services ERA Powered (N

    7037 Oaken Ln, Lanesville, IN 47136
  • 2190 Two Mile Ln, New Albany, IN 47150
    2190 Two Mile Ln, New Albany, IN 47150
    2190 Two Mile Ln, New Albany, IN 47150
    /4

    $299,900

    • Land
    • 8.8 Acres
    • $34,080 per Acre

    2190 Two Mile Ln, New Albany, IN 47150

    Experience peaceful country living with this beautiful 8.8+/- acre parcel in Floyd County. Offering a private setting with plenty of open space, this property provides the perfect opportunity to build your dream home, create a recreational retreat, or invest in land with endless potential. Enjoy the quiet surroundings while still having convenient access to local amenities, schools, and nearby

    Stephannie Wilson NextHome Wilson Real Estate

    2190 Two Mile Ln, New Albany, IN 47150
  • 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
  • 3738 Gap Hollow Rd, New Albany, IN 47150
    3738 Gap Hollow Rd, New Albany, IN 47150
    3738 Gap Hollow Rd, New Albany, IN 47150
    /42

    $199,900

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

    3738 Gap Hollow Rd, New Albany, IN 47150

    Welcome to the country but so close to the city you don’t lose modern conveniences. This 1352 ft.2 manufactured home has been completely renovated inside and out. Three bedrooms and two bathrooms updated. All new paint and luxury vinyl plank flooring throughout the entire home. New furnace and AC unit and water heater. The kitchen has been completely renovated with all new countertops and

    Ashton Guthrie Guthrie Realty Services LLC

    3738 Gap Hollow Rd, New Albany, IN 47150
  • 6828 Farnsley Knob Rd, Elizabeth, IN 47117
    6828 Farnsley Knob Rd, Elizabeth, IN 47117
    6828 Farnsley Knob Rd, Elizabeth, IN 47117
    /53

    $319,900

    • 3 Beds
    • 2 Baths
    • 1,900 Sq Ft

    6828 Farnsley Knob Rd, Elizabeth, IN 47117

    This well-maintained and thoughtfully updated 3-bedroom, 2-bath home offers peaceful country living with an Elizabeth address while being located in Floyd County. Situated on 1.55 acres and backing to serene wooded views, this move-in-ready property reflects true pride of ownership throughout. The main level features hardwood flooring in the living room and an updated kitchen with walkout access

    Nikki Wilson NextHome Wilson Real Estate

    6828 Farnsley Knob Rd, Elizabeth, IN 47117
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 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 $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K 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 $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, 47136, 47117, 40216 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, Shawnee and Park Duvalle.
Are home prices dropping in Franklin?
Yes, home prices in Franklin are down 10% in the last 12 months.

Home Trends in Franklin, IN

On average, homes in Franklin, New Albany sell after 62 days on the market compared to the national average of 54 days. The median sale price for homes in Franklin, New Albany over the last 12 months is $405,000, down 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$405,000
Median Single Family Sale Price
$405,000
Average Price Per Sq Ft
$172
Number of Homes for Sale
7
Last 12 months Home Sales
25
Months of Supply
3.40
Median List Price
$399,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%
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