Franklin Homes under $200,000

Franklin Homes under $200,000

Welcome to Franklin, Indiana – a charming town that beautifully blends small-town warmth with modern conveniences. Nestled just 20 miles south of Indianapolis, Franklin is known for its rich history, vibrant community, and picturesque landscapes. With a population of around 25,000, this welcoming town offers residents a tight-knit community feel while still providing access to big-city amenities.

One of the standout features of Franklin is its diverse housing market, particularly for those seeking homes under $200,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Franklin presents a variety of affordable options that cater to different lifestyles. From quaint bungalows and cozy ranch-style homes to charming two-story residences, there’s something for everyone.

Franklin is not just about affordable housing; it’s also about quality of life. The town boasts excellent schools, beautiful parks, and a thriving downtown area filled with local shops, restaurants, and cultural attractions. The historic downtown square is a delightful spot to explore, featuring unique boutiques and eateries that reflect the town's character. Additionally, residents can enjoy outdoor activities at the nearby Franklin Parks and Recreation facilities, which offer trails, sports fields, and playgrounds.

With its affordable housing options and a strong sense of community, Franklin, Indiana, is an ideal place to call home. If you’re looking for a vibrant community that offers both charm and accessibility, consider making Franklin your next destination!

Newest Franklin Homes under $200,000

6047 Wildcat Drive, Indianapolis
$160,000
3 Beds ⋅ 2 Baths
Easy one-level living with features that set this end-unit condo apart. A single step leads to a sheltered entry. Discreetly tucked around the side of the home, the patio offers a secluded outdoor setting with direct access from the living area and exterior access without passing through the home-ideal for outdoor gatherings. Community-designated guest parking is conveniently adjacent to the unit. Adding to the value, the seller has obtained a recent pre-listing appraisal significantly above the current list price. Inside, more than 1,360 square feet offers an open, flexible layout. The spacious main living area features a cathedral ceiling, fireplace and natural light, with double patio doors opening to the patio. The eat-in kitchen provides dedicated dining space and a pantry for additional storage. The Primary Suite includes a walk-in closet and private bath. Two additional bedrooms provide flexibility for guests, a home office, hobbies or additional storage. Lawn care and snow removal are handled by the HOA for low-maintenance living without sacrificing interior oversized single garage space. Located in desirable Franklin Township Schools with convenient access to shopping, dining, parks and major interstates, 6047 Wildcat Drive delivers a distinctive combination of privacy, convenience and easy one-level living.

6047 Wildcat Drive, Indianapolis

Listing courtesy of Advantage Realty Group LLC.

8145 Whistlewood Court, Indianapolis
$150,000
3 Beds ⋅ 2 Baths
Renovation opportunity at an attractive price! This 3-bedroom, 2-full-bath ranch offers approximately 1,323 SqFt, an attached 2-car garage and a fenced backyard. The single-level layout includes a dining area with access to the backyard patio. The home needs repairs and updating throughout, with the asking price reflecting its current condition. Nearby comparable sales and rental listings suggest potential resale value in the low-to-mid $200s and potential monthly rent in the high $1,000s after remodeling, depending on the improvements and market conditions. An opportunity for a renovation project, a potential rental investment or a buyer looking to update a home and build immediate equity.

8145 Whistlewood Court, Indianapolis

Listing courtesy of Trueblood Real Estate.

5762 Overcrest Drive, Indianapolis
$185,000
2 Beds ⋅ 2 Baths
Welcome to easy, low-maintenance living in Bradford Place! This inviting 2-bedroom, 2-full-bath condominium offers 1,103 square feet of comfortable living space and a convenient attached garage. The spacious living area features a cozy gas fireplace, creating the perfect setting for relaxing or entertaining. Two well-appointed bedrooms and two full bathrooms provide flexibility and comfort for everyday living or hosting guests. Enjoy the benefits of community living with access to Bradford Place's clubhouse and pool-perfect for gathering with neighbors or unwinding on warm summer days. With a desirable combination of comfort, convenience, and amenities, this condominium is ready to welcome its next owner!

5762 Overcrest Drive, Indianapolis

Listing courtesy of Trueblood Real Estate.

6214 Rolling Meadow Lane, Indianapolis
$193,000
2 Beds ⋅ 2 Baths
Discover the ease of condominium living at 6214 Rolling Meadow Lane. Built in 1999, this inviting ranch-style home offers 1290 square feet of thoughtfully designed living space, ready for you to move in and make it your own. The heart of this home is its kitchen, featuring a practical G-shaped layout complemented by a peninsula, offering both functionality and a welcoming space for culinary endeavors. A dedicated laundry room provides convenience and organization, streamlining daily routines. Outside, a private patio extends your living space, perfect for enjoying quiet moments or entertaining al fresco. The attached garage provides secure parking and additional storage. With two comfortable bedrooms and two full bathrooms, including a walk-in shower for a touch of everyday luxury, this single-story residence offers an exceptional blend of comfort and practicality. Inquire today to experience the serene lifestyle this property affords.

6214 Rolling Meadow Lane, Indianapolis

Listing courtesy of Crossroads Real Estate Group LLC.

960 Duane Street, Franklin
$187,000
2 Beds ⋅ 1 Baths
Welcome to 960 Duane St. An inviting two bed, one bath home just minutes from downtown Franklin. This home features 1,389 SqFt, plenty of potential to make it your own. The kitchen offers lots of storage space with all appliances included in the sale. Completely fenced in lot offering plenty of space for outdoor entertaining with convenient access to nearby shopping, parks, entertainment and walking trails. This home is definitely a must-see!

960 Duane Street, Franklin

Listing courtesy of Carpenter, REALTORS®.

105 N Indiana Street, Roachdale
$75,000
4 Beds ⋅ 2 Baths
Discover the potential at 105 N Indiana Street, a 1770 sq ft single-family residence offering a significant investment opportunity. Priced aggressively and positioned perfectly for an investor, contractor, or ambitious homeowner, this property skipped the messy demolition phase and went straight to the best part: creation. It wasn't just a house ready to be flipped; it was a sprawling, customized masterpiece waiting to happen. With four bedrooms, there is ample space for customization, allowing for various living arrangements or creative redesigns. The two full bathrooms are ready for your design and layout. The property also includes a welcoming porch, perfect for enjoying the outdoors and enhancing curb appeal. Situated on a generous 10498 sq ft lot, there is considerable room for exterior enhancements or landscaping projects. Seize the chance to transform this property into a thriving asset or a personalized home.

105 N Indiana Street, Roachdale

Listing courtesy of Prime Real Estate.

4306 Victory Boulevard, Indianapolis
$195,000
2 Beds ⋅ 3 Baths
This 1,300 SQFT condo at has been completely remodeled! Downstairs you'll find an updated kitchen with a peninsula that provides extra counter space, while the living room features a wood burning fireplace. Upstairs you'll find 2 bedrooms including the primary with its own bathroom suite, walk in closet, double vanity, and beautifully tiled rain show. The property also includes an attached garage and private patio, making it a practical home with plenty of useful space. Also have low maintenance with the association handling the exterior. Schedule your showing today!

4306 Victory Boulevard, Indianapolis

Listing courtesy of Bennett Realty.

105 S Walnut Street, Roachdale
$185,000
2 Beds ⋅ 1 Baths
Nice 2 Bedroom, 1 Bath home on .26 acre lot in the Town of Roachdale. Move-in condition. Recently updated throughout. Bonus room that could be converted into an additional bedroom or other living space. Easy access to schools, park and business district. Municipal gas, water and wastewater. Mature trees and nice porch to enjoy the outdoors. Large rustic mini barn. Update HVAC

105 S Walnut Street, Roachdale

Listing courtesy of Capstone Realty Group, Inc.

1927 W 11th Street, Marion
$137,500
3 Beds ⋅ 2 Baths
Welcome to 1927 W 11th Street in Marion - comfortable one-level living with accessibility and convenience in mind! And--the seller is installing a new roof as we speak! This well-cared-for ranch offers a functional layout with wheelchair-friendly features both inside and out, making it an appealing option for buyers looking for a home with fewer barriers. The exterior features a ramped front entrance for wheelchair access, while the single-story floor plan provides easy movement throughout the main living areas without the need to navigate stairs. Inside, you'll find a spacious living room filled with natural light and featuring a cozy fireplace, along with comfortable dining space and an easy-flowing floor plan. The bathroom includes accessibility features such as grab bars, adding additional convenience for those with mobility needs. The kitchen offers abundant cabinetry, ample counter space, and a practical layout, while the dedicated main-level laundry room keeps everyday necessities close at hand. An attached garage provides convenient access along with additional storage. Outside, enjoy a large, level yard with plenty of room for gardening, entertaining, pets, or simply relaxing outdoors on the deck with retractable awning. The level homesite and ramped entrance further enhance the property's exterior accessibility. For additional peace of mind, the seller is offering a one-year home warranty, paid by the seller at closing, giving the new owner an added layer of protection as they settle into their new home. Whether you're looking for single-level living, wheelchair-accessible features, or simply a home designed for greater ease and convenience, 1927 W 11th Street offers a combination that can be difficult to find. With its attached garage, generous yard, functional floor plan, and opportunity to personalize over time, this home is ready for its next chapter. Schedule your private showing today!

1927 W 11th Street, Marion

Listing courtesy of eXp Realty LLC.

350 Hamilton Avenue, Franklin
$199,000
2 Beds ⋅ 1 Baths
Welcome to 350 Hamilton, a charming Franklin home that's a great place to start your homeownership journey! This inviting single-story ranch offers two comfortable bedrooms and an easy-to-manage layout designed for everyday living. The kitchen features sleek stainless steel appliances, plenty of workspace, and a convenient peninsula perfect for morning coffee, casual meals, or gathering with friends. The updated bathroom offers a fresh, modern feel with a walk-in shower. Outside, the spacious lot provides plenty of room to relax, entertain, garden, or create an outdoor space of your own. An attached garage adds valuable storage and convenience, while the welcoming front porch is the perfect spot to settle in and enjoy your new neighborhood. Whether you're ready to stop renting or simply looking for a place to call your own, 350 Hamilton offers the comfort, convenience, and charm to make homeownership feel within reach. Schedule your showing today!

350 Hamilton Avenue, Franklin

Listing courtesy of CENTURY 21 Scheetz.

1431 Roberts Road, Franklin
$189,950
2 Beds ⋅ 1 Baths
Charming Franklin Home with Oversized Garage & Fenced Corner Lot! Welcome to Franklin, Indiana! This spacious 2-bedroom, 1-bath home features generously sized rooms and plenty of potential. According to the Johnson County Tax Records, the home was previously configured as a 3-bedroom, and it could potentially be converted back if you need that additional bedroom. The bathroom has received a partial update, while the kitchen offers lots of cabinet space and all existing appliances will remain with the home. Recent updates include windows, roof, and HVAC, giving you a great foundation to bring your own vision and personal touches. Outside, enjoy the generous .25-acre corner lot, completely fenced around the perimeter. There is also a smaller fenced area that is perfect for keeping a smaller pup close and supervised. The real standout is the 21' x 24' (504 sq. ft.) detached garage! The garage is finished with OSB board and features: Upstairs storage with convenient drop-down stairs Garage heater 220-volt wiring - perfect for a welder or electric vehicle setup. Cabinets and workbenches galore. Plenty of room for projects, hobbies, tools, or extra storage. Located conveniently near everything Franklin has to offer, with easy access to I-65, US 31, shopping, dining, and local amenities. With its large rooms, recent major updates, generous fenced lot, and exceptional garage, this property offers plenty of space and possibilities. Come bring your vision and make this Franklin home your own!

1431 Roberts Road, Franklin

Listing courtesy of The Modglin Group.

2184 Galaxy Drive, Franklin
$199,000
2 Beds ⋅ 2 Baths
Welcome to 2184 Galaxy Drive in Franklin! This two-bedroom, one-and-a-half-bath home offers 1,134 square feet and is conveniently located near downtown Franklin, schools, shopping, dining, and everyday amenities. The primary bedroom features a walk-in closet and access to a Jack-and-Jill-style bathroom. Recent updates include a brand-new fence and HVAC system with a transferable warranty. Outside, enjoy a private backyard that backs up to mature trees with no rear neighbors, along with a back deck perfect for relaxing or entertaining. Seller had the crawl space fully encapsulated this year and new insulation installed in the attic. HVAC system includes a transferable five-year warranty.

2184 Galaxy Drive, Franklin

Listing courtesy of eXp Realty, LLC.

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