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New Construction Homes in Franklin, IN

956 Homes

Under Construction

From $429,685

5 Br | 3.5 Ba | 2 Gr | 3,020 sq ft

7026 Myra Way. Indianapolis, IN 46239

Lennar

4.1

From $425,000

4 Br | 2.5 Ba | 2 Gr | 3,438 sq ft

Exclusives 3348 | Indianapolis, IN

Pyatt Builders

Under Construction

From $438,680

5 Br | 3 Ba | 2 Gr | 2,578 sq ft

7013 Myra Way. Indianapolis, IN 46239

Lennar

4.1

From $439,995

6 Br | 3.5 Ba | 2 Gr | 3,300 sq ft

Wentworth | Indianapolis, IN

Lennar

4.1

Under Construction

From $375,245

3 Br | 2 Ba | 2 Gr | 1,603 sq ft Hot Deal

6143 Cedar Shade Way. Indianapolis, IN 46259

M/I Homes

From $371,000

4 Br | 2.5 Ba | 2 Gr | 2,232 sq ft

Bristol | Indianapolis, IN

D.R. Horton

From $425,000

4 Br | 2.5 Ba | 2 Gr | 3,070 sq ft

Exclusives 3070 | Indianapolis, IN

Pyatt Builders

From $353,990

4 Br | 2.5 Ba | 2 Gr | 2,957 sq ft Hot Deal

Fairbanks | Indianapolis, IN

M/I Homes

From $328,995

5 Br | 2.5 Ba | 2 Gr | 3,198 sq ft

Empress | Indianapolis, IN

Arbor Homes

From $282,995

3 Br | 2.5 Ba | 2 Gr | 1,760 sq ft

Juniper | Indianapolis, IN

Arbor Homes

From $356,500

3 Br | 2 Ba | 2 Gr | 1,822 sq ft

Heyden | Indianapolis, IN

D.R. Horton

Under Construction

From $396,400

4 Br | 2.5 Ba | 2 Gr | 2,041 sq ft Hot Deal

6144 Cedar Shade Way. Indianapolis, IN 46259

M/I Homes

From $435,000

4 Br | 2.5 Ba | 2 Gr | 3,649 sq ft

Exclusives 3649 | Indianapolis, IN

Pyatt Builders

$17,000

From $398,000 $415,000

4 Br | 3.5 Ba | 2 Gr | 3,082 sq ft

West Haven | Indianapolis, IN

D.R. Horton

From $327,995

5 Br | 2.5 Ba | 2 Gr | 2,961 sq ft

Norway | Indianapolis, IN

Arbor Homes

From $422,000

4 Br | 2.5 Ba | 2 Gr | 3,109 sq ft

Exclusives 3109 | Indianapolis, IN

Pyatt Builders

From $269,995

3 Br | 2 Ba | 1,613 sq ft

Bradford | Indianapolis, IN

Arbor Homes

From $431,000

4 Br | 2.5 Ba | 2 Gr | 3,432 sq ft

Denali | Indianapolis, IN

D.R. Horton

From $324,995

4 Br | 2.5 Ba | 2,813 sq ft

Cooper | Indianapolis, IN

Arbor Homes

Move-In Ready

From $424,990

4 Br | 2.5 Ba | 3 Gr | 2,724 sq ft

7332 Glen Park Way. Indianapolis, IN 46259

Pyatt Builders

Under Construction

From $437,680

5 Br | 3.5 Ba | 2 Gr | 3,020 sq ft

7025 Myra Way. Indianapolis, IN 46239

Lennar

4.1

From $293,995

3 Br | 2.5 Ba | 2 Gr | 1,963 sq ft

Ironwood | Indianapolis, IN

Arbor Homes

From $321,990

4 Br | 2.5 Ba | 2 Gr | 2,469 sq ft Hot Deal

Akerman II | Indianapolis, IN

M/I Homes

Under Construction

From $459,970

5 Br | 3.5 Ba | 2 Gr | 3,020 sq ft

5818 Fire Opal Way. Indianapolis, IN 46239

Lennar

4.1

From $430,000

4 Br | 3.5 Ba | 2 Gr | 3,138 sq ft

Exclusives 3138 | Indianapolis, IN

Pyatt Builders

Move-In Ready

From $494,990

5 Br | 3.5 Ba | 2 Gr | 3,711 sq ft

7137 Glen Park Lane. Indianapolis, IN 46259

Pyatt Builders

From $283,995

3 Br | 2 Ba | 1,802 sq ft

Chestnut | Indianapolis, IN

Arbor Homes

From $306,990

3 Br | 2.5 Ba | 2 Gr | 2,002 sq ft Hot Deal

Irvington | Indianapolis, IN

M/I Homes

From $409,995

5 Br | 3 Ba | 2 Gr | 2,578 sq ft

Jasper | Indianapolis, IN

Lennar

4.1

From $304,990

2 Br | 2 Ba | 2 Gr | 1,842 sq ft Hot Deal

Ashton | Indianapolis, IN

M/I Homes

From $301,995

4 Br | 2.5 Ba | 2,343 sq ft

Spruce | Indianapolis, IN

Arbor Homes

From $340,990

4 Br | 2 Ba | 2 Gr | 2,714 sq ft Hot Deal

Foster | Indianapolis, IN

M/I Homes

Under Construction

From $356,500

3 Br | 2 Ba | 2 Gr | 1,910 sq ft

5642 Tart Boulevard. Indianapolis, IN 46239

D.R. Horton

From $425,000

4 Br | 2.5 Ba | 2 Gr | 2,867 sq ft

Exclusives 2867 | Indianapolis, IN

Pyatt Builders

Under Construction

From $455,180

6 Br | 3.5 Ba | 2 Gr | 3,300 sq ft

5911 Fire Opal Way. Indianapolis, IN 46239

Lennar

4.1

From $424,995

5 Br | 3.5 Ba | 2 Gr | 3,020 sq ft

Paddington | Indianapolis, IN

Lennar

4.1

From $313,995

4 Br | 2.5 Ba | 2 Gr | 2,580 sq ft

Palmetto | Indianapolis, IN

Arbor Homes

From $300,995

4 Br | 2.5 Ba | 2 Gr | 2,176 sq ft

Aspen II | Indianapolis, IN

Arbor Homes

From $291,990

2 Br | 2 Ba | 2 Gr | 1,603 sq ft Hot Deal

Mackey II | Indianapolis, IN

M/I Homes

From $317,990

3 Br | 2.5 Ba | 2 Gr | 2,315 sq ft Hot Deal

Findlay | Indianapolis, IN

M/I Homes

Static Map Image

Market Snapshot

Newest Home Developments in Franklin

Top Home Builders in Franklin

BuilderHomesAverage Price
Arbor Homes209$297,090
Lennar263$375,995

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 956 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:

CityFranklin
StateIndiana
Metro AreaIndianapolis
Subdivisions74
Quick Move in Homes306
Homes Under Construction265
Starting Price$232,995
Average Price$312,264
Price Per Square Foot$135
Home Builders13
Builders in Franklin
  • Arbor Homes
  • Lennar

Customizable Options in Franklin

Floor Plans Available561
Bedroom Count2 to 6
Bathroom Count2 to 5
Square Footage Range1,228 to 5,498 sq/ft.