Located at a distance of 20 minutes from Indianapolis, Franklin is a mixed blend of innovation and tradition. The city has been serving the needs and wants of its residence since the year 1823. Franklin is home to a rich history with a downtown having wonderful street shops, restaurants and coffee houses. The popular Franklin College also lies within the vicinity of the city.
Victorian mansion such as Jefferson and King Streets and plenty of trails provide many opportunities for a scenic jog or a quiet walk. Some key highlights of this exceptional city are its excellent schools, non-profit groups and an active night life. The overall outlook of the city has attracted many businesses. Today Franklin is home to 7 Japanese Corporations.
The main source of recreation and entertainment in the city is its downtown. The downtown has well maintained old homes and early brick roads/streets. There are many landmark buildings in the downtown where you can go and take some pictures such as Artcraft Theatre and Johnson County Courthouse.
The local government has setup a department by the name of “Franklin Parks and Recreation Department”. The department is responsible for the maintenance of walking trails. These trails actually connect several parks, public library, public pool and community centers. Just like any other downtown, here you will find many shopping centers and restaurants as well. The point is that as a citizen you will not face boredom rather here you will lead a peaceful and entertaining life.
According to NewHomeSource, The real estate opportunities in Franklin are plenty. Around 61 communities with exceptional housing facilities are available in the city. Different communities have different price ranges. Though there are many living options, however it’s preferable that you seek a dwelling in the community of Heritage ($134,990 - $181,990). The community also has common areas, lakes and parks.
There are only 74 communities in Franklin with active new construction projects. For more options to choose from, try expanding your search to include all communities in the Indianapolis area.
You might also consider specific community types across the Indianapolis area that are in good supply including luxury developments, new townhome developments, or 55 plus developments in Indianapolis.
There are many home types across the Indianapolis area incuding the many luxury new homes in Indianapolis, condos and townhomes, and Indianapolis 55+ new construction homes in Indianapolis. Alternatively, you can widen your search from the 962 Franklin homes to browse all Indianapolis new homes for sale.
Browse by Price Range
Here are all the affordably priced new construction homes in Franklin.
Market Overview: New Construction in Franklin, IN
Here is a quick overview of housing developments in Franklin, as well as the new construction outlook for new build homes in Franklin:
| City | Franklin |
| State | Indiana |
| Metro Area | Indianapolis |
| Subdivisions | 74 |
| Quick Move in Homes | 300 |
| Homes Under Construction | 264 |
| Starting Price | $232,995 |
| Average Price | $312,264 |
| Price Per Square Foot | $135 |
| Home Builders | 13 |
| Builders in Franklin | |
Customizable Options in Franklin
| Floor Plans Available | 565 |
| Bedroom Count | 2 to 6 |
| Bathroom Count | 2 to 5 |
| Square Footage Range | 1,228 to 5,498 sq/ft. |
