Franklin Homes under $350,000

Franklin Homes under $350,000

Welcome to Franklin, Indiana – a hidden gem that beautifully balances small-town charm with modern conveniences. Nestled just south of Indianapolis, Franklin boasts a rich history, vibrant community spirit, and an array of amenities that cater to residents of all ages. With its picturesque downtown area featuring quaint shops, delightful eateries, and a lively arts scene, Franklin offers a warm and inviting atmosphere that makes it easy to call this city home.

For those seeking affordable housing options, Franklin is an excellent choice. The real estate market here features a variety of homes priced under $350,000, making it accessible for first-time homebuyers, families, and retirees alike. From charming bungalows to spacious family homes, you’ll find a diverse selection of properties that fit your lifestyle and budget. Many homes in Franklin come with beautiful yards, perfect for outdoor gatherings or simply enjoying the tranquility of suburban living.

In addition to its affordable housing, Franklin is known for its excellent schools, well-maintained parks, and a strong sense of community. Residents enjoy a wealth of recreational opportunities, including hiking trails, sports facilities, and seasonal events that bring neighbors together. With easy access to major highways and the vibrant city of Indianapolis just a short drive away, Franklin offers the perfect blend of peaceful living and urban convenience.

Discover your dream home in Franklin, where affordability meets charm, and start enjoying the best of Indiana living today!

Newest Franklin Homes under $350,000

130 Brookside Court, Franklin
$250,000
3 Beds ⋅ 2 Baths
This spacious 3-bedroom, 2-bath brick ranch offers comfortable one-level living with plenty of space both inside and out. The home features a generous living room, a large family room with vaulted ceilings and decorative wood beams, and a well-appointed kitchen with abundant cabinetry and counter space. A dedicated laundry area adds convenience. One of the standout features is the expansive screened-in porch overlooking the beautiful backyard. The large fenced yard offers mature trees, established landscaping, garden space, and plenty of room for outdoor activities, pets, and entertaining. A patio just off the screened porch provides additional outdoor living space. Two detached storage sheds. The attached two-car garage provides additional convenience and storage. With its all-brick exterior, spacious living areas, large fenced yard, impressive screened-in porch, two storage sheds, and desirable Franklin location, this home offers a wonderful opportunity to make it your own. Schedule your showing today!

130 Brookside Court, Franklin

Listing courtesy of Keller Williams Indy Metro Partners.

1615 Younce Street, Franklin
$275,000
3 Beds ⋅ 1 Baths
Spacious Corner-Lot Home with Excellent Garage & Storage! This 3-bedroom, 1-full-bath home offers 1,225 sq. ft. of comfortable living space plus two additional rooms. One room is ideal for an office, playroom, or hobby space, while the other could potentially serve as an additional bedroom, providing flexible living options. Situated on a corner lot and not in a flood zone, this home offers plenty of space and functionality. The impressive 24' x 30' garage features a gas furnace and provides approximately 2.5-car capacity, while the additional carport offers even more parking. A 12' x 24' mini barn with electricity provides excellent storage or workshop space. Additional features include a vinyl exterior, gas heat, electric stove, reverse osmosis drinking water system, and a gas tankless water heater and water softener, both approximately 5 years old. The roof is approximately 1.5 years old. With abundant parking, storage, and flexible living space, this property is ready to welcome its next owner!

1615 Younce Street, Franklin

Listing courtesy of Keller Williams Indy Metro Partners.

101 Robinson Street, Franklin
$240,000
2 Beds ⋅ 1 Baths
Welcome home to this charming mid-century gem, in the heart of Franklin! The picture-perfect front porch sets the tone right away. It's an inviting spot for relaxing evenings, welcoming guests, and even receiving packages. Inside, you'll find a beautifully maintained home with fresh paint throughout, newer vinyl plank flooring in most rooms, and brand new carpet in the hall and primary bedroom. The living room opens into the dining room, and beyond that is the kitchen, which also gives access to the basement. At the back, a charming sitting room offers extra living space, plenty of windows, and easy access to both the primary bedroom and the backyard patio, perfect for everyday living or entertaining. The kitchen comes fully equipped with all appliances included, among them a large stainless steel French door refrigerator, and a stylish tile backsplash adds a custom touch. The bathroom has been beautifully remodeled by the current owner. The bedrooms are generously sized and offer comfortable, private space. The full basement houses the mechanicals and the washer and dryer, and offers excellent storage and peace of mind when storms roll in. Outside, the large garage includes a dedicated workshop area, ideal for hobbies or extra storage, and alley access makes coming and going easy. Necessary tree work has been completed, and a brand new privacy fence has been installed, so the big back yard is ready to enjoy. Exceptionally well cared for and truly move-in ready, this solid home combines character, thoughtful updates, and a great location at a very affordable price.

101 Robinson Street, Franklin

Listing courtesy of RE/MAX Allstars.

4144 Beechwood Court, Franklin
$264,900
4 Beds ⋅ 2 Baths
Welcome to this well-maintained 4-bedroom, 2-full-bath home in the well-established Knollwood Farms neighborhood! The seller has taken great care of this home and added numerous updates throughout, including LVP flooring, wainscoting wall paneling, neutral gray paint, stylish barn doors, and a butcher block center island in the kitchen. The kitchen also features stainless steel appliances, making it both functional and inviting. A 2-car attached garage provides plenty of convenience and storage. Out back, you'll find the best part: an above-ground pool and shed, creating the perfect space for entertaining, relaxing, and enjoying those warm summer days. This one is ready for its next owner to call home!

4144 Beechwood Court, Franklin

Listing courtesy of JF Property Group.

1320 Swan Drive, Franklin
$225,000
2 Beds ⋅ 2 Baths
Welcome to 1320 Swan Drive located in Whispering Ponds, one of Franklin's most popular 55+ communities! This well maintained home features 2 bedrooms, 1.5 baths, and 1,126 square feet of living space. The primary bedroom includes a full en suite bathroom and walk in closet. Enjoy the outdoors in any weather in the fully enclosed sun room with new flooring. For nicer days, relax on the side patio, or covered front porch. Experience low maintenance living, with lawncare and snow removal included in HOA fees. The community also features a clubhouse available to rent for larger gatherings. Conveniently located near shopping, dining, medical facilities and entertainment options. Clean and move in ready, this one is a must see!

1320 Swan Drive, Franklin

Listing courtesy of Modern Realty Group Inc.

4017 Willow Court, Franklin
$239,900
3 Beds ⋅ 2 Baths
The home you've been waiting for in Franklin, IN - No HOA! You'll love being just moments to Franklin, Bargersville, Greenwood and more. Neighborhood also connects to the new Lennar neighborhood featuring a playground, dog park and walking trails. And here are the things that matter: 3 bedrooms, 2 full and recently updated bathrooms (2025 and 2026) | Roof and gutters (2025 - with warranty) | Primary bedroom with new walk-in closet (2026) | Updated kitchen including new cabinetry, pantry, quartz countertop, backsplash and single-basin quartz sink (2023) | New LG THinQ Line kitchen appliances (2023) | Extended patio and fencing at fully-fenced backyard (2024) | HVAC (2019) | Luxury vinyl plank flooring throughout the home. | What stays: All appliances including washer, dryer; shed; cameras; vintage storage cabinet in kitchen may also stay. Don't miss this turn-key home at an incredible value!

4017 Willow Court, Franklin

Listing courtesy of Maywright Property Co..

1204 Orchard Lane, Franklin
$250,000
4 Beds ⋅ 2 Baths
Welcome to 1204 Orchard Lane in Franklin! This spacious 4-bedroom, 1.5 bath home offers a great combination of location, updates, and outdoor space.Situated on a quiet dead-end street, the home features a fenced in backyard, perfect for relaxing, entertaining, and pets. Major updates include new windows, siding, gutters, soffits, a new water heater, updated PEX plumbing and much more. Located within walking distance of Franklin College and the vibrant downtown Franklin, you'll have easy access to local restaurants, shops, parks, and everything the charming town has to offer. With four bedrooms, numerous updates and a fantastic location, 1204 Orchard Lane is ready for the next owner!

1204 Orchard Lane, Franklin

Listing courtesy of United Real Estate Indpls.

912 Brookstone Drive, Franklin
$265,000
4 Beds ⋅ 3 Baths
Welcome to this 4-bedroom, 2.5-bath home featuring a spacious covered front porch and a functional, open-concept layout. LVP flooring runs throughout the main level, connecting the living, dining, and kitchen spaces. The eat-in kitchen offers a comfortable gathering space, while thoughtfully selected light fixtures, including a silver chandelier over the dining area, add character throughout the home. A convenient half bath completes the main level. Upstairs, you'll find four generously sized bedrooms, including a primary suite with its own ensuite bathroom featuring a tub/shower combination. The additional three bedrooms share a full hallway bathroom. Outside, enjoy a fenced in area offering added privacy and space to relax or entertain. An attached two-car garage provides convenient parking and storage.

912 Brookstone Drive, Franklin

Listing courtesy of F.C. Tucker Company.

1081 Fairlane Court, Franklin
$275,000
3 Beds ⋅ 3 Baths
Completely remodeled and move-in ready. 2 Family home with 3 bedroom, 2.5 bath with a 2 car garage. All bedrooms are on the upper level. Conveniently located to shopping and schools.

1081 Fairlane Court, Franklin

Listing courtesy of Carpenter, REALTORS®.

1545 Black Oak Court, Franklin
$269,900
3 Beds ⋅ 2 Baths
Discover the inviting ranch-style residence at 1545 Black Oak CT in FRANKLIN, IN. Built in 1997, this 1581 square foot single-family home is move-in ready, offering a seamless transition to a lifestyle of comfort and ease. The heart of this home, the kitchen, is thoughtfully designed for both everyday living and entertaining, featuring sleek stainless steel appliances and a functional island, providing ample space for meal preparation and casual dining. Relax and unwind in the living room, where built-in shelves offer a perfect display for your cherished collections or a convenient storage solution. The home includes a bathroom equipped with a double vanity, enhancing daily routines with both style and practicality. With three bedrooms and two full bathrooms, this single-story home provides comfortable living spaces. An attached garage adds convenience and security. Embrace the opportunity to make this well-appointed property your own.

1545 Black Oak Court, Franklin

Listing courtesy of Chief Realty.

2005 Falcon Court, Franklin
$225,000
4 Beds ⋅ 3 Baths

2005 Falcon Court, Franklin

Listing courtesy of Indiana Property Group, LLC.

149 Cincinnati Street, Franklin
$269,900
3 Beds ⋅ 1 Baths
TWO SEPARATE HOMES ON ONE PROPERTY! This unique Franklin property includes the main home at 149 Cincinnati St PLUS a separate 1-bedroom, 1-bath home at 360 Richey St-each with its own address. Whether you're looking for space for extended family, a private guest house, dedicated work-from-home space, or the potential for rental income, having two individual residences creates possibilities that are hard to find. The main home at 149 Cincinnati St has been refreshed with fresh paint and new carpet throughout, along with updated plumbing and electrical for added peace of mind. The additional home at 360 Richey St provides its own separate living space with 1 bedroom and 1 full bath. The location puts you within walking distance of the heart of Franklin and its inviting downtown, where you can enjoy local restaurants, shops, community events and the historic Artcraft Theatre. Franklin College, parks and other community amenities are also nearby, with convenient access to major routes for trips north toward Indianapolis or throughout Johnson County. The Franklin Active Adult Center is approximately 440 feet from the property. Two homes. Two addresses. One property with tremendous flexibility. Whether your plans include multigenerational living, guest accommodations, dedicated workspace or exploring rental-income potential, 149 Cincinnati St and 360 Richey St offer a combination you don't often find in Franklin.

149 Cincinnati Street, Franklin

Listing courtesy of Coldwell Banker Stiles.

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