Franklin, Indiana | Johnson County
Living in Franklin, Indiana: A Local's Guide from Hemrick Real Estate
Franklin is where Hemrick Real Estate calls home. Our office sits in downtown Franklin, a short walk from the courthouse. Here's what you should know before you buy or sell here.
Call or text Hemrick Real Estate: (317) 412-5310 See Franklin homes for sale
For a lot of families, yes! Franklin is the Johnson County seat, about 25 miles south of downtown Indianapolis on I-65. It has a historic downtown on the National Register, nearly 300 acres of parks and trails, and a median sold price of $315,500 over the past year (MIBOR BLC, November 2026). Jake Hemrick and Hemrick Real Estate help buyers and sellers here from our downtown Franklin office.
Homes for sale in Franklin
Hemrick Real Estate listings show first, then the newest homes on the market in Franklin.
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Listing information provided by MIBOR REALTOR® Association BLC® Listing Service. Deemed reliable but not guaranteed. See all Franklin homes for sale
Why people move to Franklin
Franklin still feels like a small town, mostly because it is one. Downtown Indianapolis is only about 34 minutes up I-65, though, so a Colts game or a night out in the city is an easy trip. The city was founded in 1823, it's the Johnson County seat, and it has grown steadily, from 25,326 residents in 2020 to an estimated 26,743 in 2025.
The heart of town is the courthouse square. The Johnson County Courthouse was built between 1879 and 1881, the Historic Artcraft Theatre has been showing movies since 1922, and the Franklin Commercial Historic District has been on the National Register of Historic Places since 1989. Discover Downtown Franklin keeps the calendar full, with things like Porchtober concerts in the fall and a holiday lighting and winter market every December.
You also get a real choice of homes. Franklin has historic houses near downtown, established neighborhoods around Hillview Country Club, acreage just outside town, and several new construction communities on the north and west sides. Want a porch you can see the courthouse from? Or a new build with a bigger yard? There's usually something that fits.
Around Franklin
Franklin neighborhoods
Franklin has everything from 100-year-old homes on tree-lined downtown streets to golf course homes and country acreage. Here's a sample of established neighborhoods, from the most affordable to the high end, with what homes there actually sold for over the past year. Want help narrowing it down? Call Jake. He's happy to drive you around!
Knollwood Farms
24 sales in the past year, median $248K (range $195K to $279K)
One of Franklin's busiest neighborhoods for resales, with streets like Knollwood, Dogwood, Redbud and Tulip. A popular spot for buyers looking in the $200s.
Heritage
29 sales in the past year, median $284K (range $220K to $675K)
On the north side along Bridlewood, Bristol and Hampton Drives. Built in phases from about 2004 to 2019, so you'll find a mix of home ages and sizes in one neighborhood.
Franklin Lakes
14 sales in the past year, median $282K (range $215K to $375K)
On the south side off South Nineveh Road near Youngs Creek. Ranches and two-story homes built from about 1997 to 2003, mostly on quarter-acre lots.
Windstar
7 sales in the past year, median $330K (range $299K to $423K)
The original Arbor Homes sections on the south side, along Foxtail Drive and Sagittarius Drive. Two-story homes built from about 2005 to 2015.
Jefferson Estates
4 sales in the past year, median $400K (range $339K to $434K)
On the east side off East Jefferson Street near Hillview. Homes built from the late 1990s through the 2000s on roomy lots.
Legends West
7 sales in the past year, median $505K (range $343K to $544K)
A recently completed M/I Homes neighborhood on the north side, along Somerset Drive near The Legends golf course. Larger two-story homes, mostly built since 2018.
Hillview golf neighborhoods
8 sales in the past year, median $412K (range $265K to $750K)
Fairway Lakes, Club Estates and Golfview Villas sit on or near Hillview Country Club on the east side. Homes from the late 1980s to early 2000s, some with golf course or pond views.
Downtown and Martin Place
Wide range, roughly $125K to $600K on Zillow
Historic homes within walking distance of the courthouse square, mostly built before 1930. The Martin Place Historic District has been on the National Register since 1987, with Italianate, Queen Anne, Foursquare and Craftsman homes. Prices swing widely here depending on size and how much a home has been restored.
Country acreage
About $550K to $1.1M on Zillow (2+ acres)
Homes on 2 to 18 acres on the county roads around Franklin. If you want room for a shop, animals or just some quiet, this is where to look.
Neighborhood numbers are closed sales over the past 12 months from the MIBOR BLC Listing Service (pulled November 10, 2026). Ranges with only a few sales can swing a lot. Downtown and acreage ranges come from Zillow because the MLS doesn't group those homes by neighborhood. For the numbers on a specific street, call Hemrick Real Estate at (317) 412-5310.
New construction in Franklin
Franklin is still growing, mostly on the north and west sides. Here are the active new home communities. Tip: bring your agent to your very first model home visit. Many builders won't let an agent represent you if you registered without one.
Kingsbridge
49 sales in the past year, median $392K (range $305K to $460K)
A master-planned community of new single-family homes by Lennar, with its sales office on Covington Boulevard. Section 2 recently finished its site work.
Westwind at Cumberland
6 sales in the past year, median $343K (range $320K to $428K)
New construction by Arbor Homes near Crabapple Road and Cumberland Drive, close to Franklin Community High School.
Winterfield
43 sales in the past year, median $379K (range $293K to $476K)
New construction by D.R. Horton. Sections 4 and 5 (about 24 more acres) went through the city's technical review in September 2026, so more homesites are on the way.
Bluffs at Young's Creek
21 sales in the past year, median $365K (range $310K to $480K)
New construction by Arbor Homes, connected to the earlier Windstar community.
Homesteads at Hillview
5 sales in the past year, median $770K (range $658K to $1.2M)
Custom homesites east of Hillview Country Club for ranch, 1.5-story and two-story plans, built by Elite Bespoke Homes.
Schools in Franklin
Most of Franklin is served by Franklin Community School Corporation: five elementary schools (Creekside, Needham, Northwood, Union and Webb), Custer Baker Intermediate, Franklin Community Middle School and Franklin Community High School on Cumberland Drive. The district also runs a K-12 virtual school and Cub Academy Preschool. District
For test scores and graduation rates, the best place to look is the state's own report card for each school. IDOE report card
Private options include St. Rose of Lima Catholic School (preschool through 8th grade). Chamber
Franklin is also a college town! Franklin College opened in 1837 and was the first college in Indiana to admit women, starting in 1842. Ivy Tech also has a Franklin campus. Franklin College
Things to do in Franklin
- Blue Heron Park. About 86 acres with a wetland area, an all-inclusive playground, a disc golf course and about 2.5 miles of the Greenway trail. Parks plan
- Province Park. Franklin's oldest park (1909), with a dog park, skate park, rose garden and the Cultural Arts & Recreation Center. Parks plan
- Franklin Family Aquatic Center. An Olympic-size pool with a diving well, a 190-foot water slide and a zero-depth pool for little ones. City
- The Historic Greenway Trail. A paved trail that ties several parks and neighborhoods together. It's great for an evening walk or a bike ride with the kids. Chamber
- Downtown Franklin. The Artcraft Theatre, the courthouse square, local shops and restaurants, Porchtober concerts, the Holiday Open House and the Winter Market, all run with help from Discover Downtown Franklin. Discover Downtown Franklin
- Amphitheater at Youngs Creek. A 16-acre downtown park and amphitheater that hosts concerts and the Franklin Fall Festival. Parks plan
Where Franklin is and getting around
- Downtown Indianapolis (Monument Circle)
- About 25 miles, ~34 min
- Indianapolis International Airport
- About 34 miles, ~48 min
- Main highway access
- I-65 Exit 90 (SR 44 / King St)
Drive times are estimates without traffic. Rush hour on I-65 will add some minutes.
Franklin housing market
- Homes sold, past 12 months (MLS)
- 498
- Median sold price (MLS)
- $315,500
- Median price per square foot (MLS)
- $170
- Zillow typical home value
- $282,316, up 2.1%
- Typical time to pending (Zillow)
- About 19 days
- Johnson County income tax
- 1.4% (plus 2.95% state)
- Property tax cap on a primary home
- 1% of assessed value
MLS figures are residential sales that closed in Franklin (46131) between November 2025 and November 2026, based on information from the MIBOR REALTOR® Association BLC® Listing Service, deemed reliable but not guaranteed. Zillow figures updated September 30, 2026. Tax rates from the Indiana Department of Revenue (effective October 1, 2026). For a real number on your home, Jake will pull the comparable sales for you. Sources: Zillow Indiana DOR
What's being built in Franklin
Hemrick Real Estate tracks Franklin's city meetings every week. Here's a snapshot of what's moving through the process right now. Each item links to the official agenda or minutes it came from, so you can read it yourself.
New homes and neighborhoods
- Winterfield, Sections 4 and 5. Secondary plats for about 24 acres of new homesites were reviewed by the Technical Review Committee in September 2026. official record
- Estates at Hillview. A primary plat for a 19+ acre subdivision east of 550 Homestead Boulevard was on the October 22, 2026 technical review agenda. official record
- Kingsbridge, Section 2. The city released the section's erosion control bond in November 2026, a sign the site work is wrapping up. official record
- Eagles Landing. Paving and sewer inspection agreements went to the Board of Public Works in October 2026. official record
Parks, schools and community
- Franklin Family Aquatic Center. The city's site plan for the aquatic center at 396 Branigin Boulevard is on the November 19, 2026 technical review agenda, part of the Scott Park and aquatic center project. official record
- FCHS Agricultural Education Center. Franklin Community High School's new ag education center held its ribbon cutting on November 10, 2026. School board
- Park district projects. City Council voted on an additional appropriation of property sale proceeds for park projects in October 2026. official record
Roads and infrastructure
- Graham Road reconstruction. Under construction, with a change order approved in October 2026. official record
- Forsythe Street culvert over Hurricane Creek. Plans were signed off at the November 2, 2026 Board of Public Works meeting. official record
- Utility Services Administration Building. A new city utility building is under construction. official record
Shopping and jobs
- Wawa at 450 Earlywood Drive. A Wawa food market and fuel station with a car wash is moving through site plan review (November 19, 2026 agenda). official record
- Yount Industrial Subdivision. A new industrial subdivision at 1480 Graham Street had its secondary plat reviewed in October 2026. official record
- Local business expansions. Tax abatement requests from 151 LLC and Innovative 3D were on the Economic Development Commission's November 10, 2026 agenda. official record
What our clients say
★★★★★"Jake and his team were amazing. We just bought our first house and Jake made the experience so easy! He was so flexible with us - we met numerous Saturday and Sunday's and often talked on the phone late at night. In a competitive market, he helped us find the perfect home."
Chad S. Google review
★★★★★"Jake Hemrick was an outstanding real estate agent who made the entire home-buying process smooth and stress-free. He was incredibly patient, always taking the time to answer our questions and guide us through every step."
Andrew Q. Google review
★★★★★"He made everything easy for us as first-time home buyers and helped us find an amazing home. He is the man, and Hemrick Real Estate is the place to go."
Brendan B. Google review
Franklin FAQ
Is Franklin, Indiana a good place to live?
Many families think so. Franklin offers a historic downtown, nearly 300 acres of parks and trails, a college, and easy I-65 access to Indianapolis, with a typical home value around $282,000 (Zillow, September 2026). Jake Hemrick of Hemrick Real Estate works out of downtown Franklin and is happy to talk through whether it fits what you're looking for. Call or text (317) 412-5310.
How far is Franklin from downtown Indianapolis?
About 25 miles. Without traffic it's roughly a 34 minute drive north on I-65 from Exit 90 (SR 44 / King Street).
How far is Franklin from the Indianapolis airport?
About 34 miles, or roughly 48 minutes without traffic, using I-65 north and I-465 west.
What school district is Franklin, Indiana in?
Most of Franklin is served by Franklin Community School Corporation, which has five elementary schools, Custer Baker Intermediate, Franklin Community Middle School and Franklin Community High School. Always confirm the assigned school for a specific address with the district before you buy.
What is the average home price in Franklin, IN?
498 homes sold in Franklin over the past 12 months, at a median price of $315,500, or about $170 per square foot (MIBOR BLC, November 2026). Zillow's typical home value was $282,316 as of September 30, 2026. Historic homes, established neighborhoods and new construction all price differently, so ask Jake Hemrick for the recent sales near the home you're considering.
What are the best established neighborhoods in Franklin, Indiana?
It depends on your budget and the feel you want. A sample from the past year's MLS sales: Knollwood Farms (median $248K), Heritage (median $284K), Franklin Lakes (median $283K), Windstar (median $330K), Jefferson Estates (median $401K), the Hillview golf neighborhoods (median $412K) and Legends West (median $505K). Historic homes downtown and country acreage cover everything from the low $100s to over $1 million. Jake Hemrick can pull the exact sales for any of them.
What are property taxes like in Franklin, Indiana?
Indiana caps property taxes on a primary residence at 1% of assessed value, before deductions. Johnson County's local income tax is 1.4%, on top of the 2.95% state rate (Indiana Department of Revenue, effective October 1, 2026).
Are there new construction neighborhoods in Franklin, IN?
Yes. Kingsbridge (Lennar), Westwind at Cumberland (Arbor Homes), Bluffs at Young's Creek (Arbor Homes) and Winterfield (D.R. Horton) are all building, and Winterfield has two more sections moving through city review. Tip: bring your agent to your very first model home visit. Many builders won't let an agent represent you if you registered without one.
What is there to do in Franklin, Indiana?
Catch a movie at the Historic Artcraft Theatre, walk or bike the Greenway trail, or take the kids to Blue Heron Park or the Family Aquatic Center. In the fall, Porchtober brings free porch concerts downtown, and December has the Winter Market.
Who is a good real estate agent in Franklin, Indiana?
Jake Hemrick, REALTOR, is co-owner of Hemrick Real Estate, an independent, family-owned brokerage in downtown Franklin. Jake has 12+ years of experience and 350+ career home sales, and the brokerage helps with 100+ home sales a year. Call or text Jake at (317) 412-5310.
About the author
Jake Hemrick, REALTOR
Jake is co-owner of Hemrick Real Estate, an independent, family-owned brokerage in downtown Franklin. He has 12+ years in real estate and 350+ career home sales, and the brokerage helps with 100+ sales a year across Franklin, Brownsburg and Central Indiana. Jake writes these guides from the same research he uses with his own clients: the MLS, town meeting records and a lot of driving around.
Thinking about Franklin?
Whether you're moving here, moving up or getting ready to sell, Jake would love to help. Call or text, and you'll talk to Jake himself.
Call or text Hemrick Real Estate: (317) 412-5310 What's my home worth? Search Franklin homesTown photos from Wikimedia Commons, credited under each photo. Written by Jake Hemrick, REALTOR, co-owner of Hemrick Real Estate. Last updated November 10, 2026. Development items come from official agendas, minutes and packets and link to the source record.
