Franklin Homes under $200,000

Franklin Homes under $200,000

**Explore the Charm of Franklin, Indiana: Affordable Homes Await!**

Nestled in the heart of Johnson County, Franklin, Indiana, is a vibrant community that effortlessly blends small-town charm with modern conveniences. Known for its rich history and welcoming atmosphere, this picturesque city offers residents an array of parks, local shops, and a thriving downtown area that hosts various events throughout the year. With a population that embraces a strong sense of community, Franklin is the ideal place for families, young professionals, and retirees alike.

If you’re searching for an affordable home in a friendly environment, Franklin is the perfect destination. The real estate market here boasts a selection of homes under $200,000, making it an attractive option for first-time homebuyers or those looking to downsize without sacrificing quality of life. From cozy bungalows to spacious family homes, the options are diverse and cater to various tastes and needs.

Franklin’s homes often feature charming architectural details, inviting yards, and easy access to local amenities. Residents enjoy the convenience of nearby schools, grocery stores, and recreational facilities, ensuring that everything you need is just a stone's throw away. The community prides itself on its strong educational system, with schools that are dedicated to fostering a nurturing learning environment.

Discover the beauty and affordability of Franklin, Indiana, where your dream home awaits! With a supportive community and homes at accessible prices, you’ll find the perfect place to plant your roots and create lasting memories. Come see why so many are choosing to call Franklin home!

Newest Franklin Homes under $200,000

402 N Miller Avenue, Marion
$130,000
3 Beds ⋅ 2 Baths
Welcome to 402 N Miller Ave in Marion, Indiana. This 1959 single-family ranch residence offers 1,520 square feet of inviting, move-in-ready living space that perfectly balances classic charm with everyday functionality. The home features three bedrooms, providing flexible space for your unique lifestyle needs, whether you are looking for a dedicated primary suite, a home office, or a comfortable guest area. Complementing these living spaces are one full bathroom and one half bathroom, thoughtfully positioned to serve both residents and visitors with ease. The exterior of this one-story property invites you to enjoy the outdoors with a private yard that provides a wonderful sense of personal space. Whether you are relaxing on the porch or utilizing the convenience of the attached garage, the layout is designed for seamless transitions between indoor comfort and outdoor enjoyment, all set within a manageable 7,440-square-foot lot.

402 N Miller Avenue, Marion

Listing courtesy of Gabriel Long. eXp Realty, LLC
5538 Wagon Wheel Trail, Indianapolis
$200,000
3 Beds ⋅ 2 Baths
Some homes come with a project list. This one comes with the keys-and NO HOA! Welcome to 5538 Wagon Wheel Trail, a move-in-ready 3-bedroom, 1.5-bath home in Franklin Township offering over 1,000 square feet of comfortable living space. Inside, you'll find newer appliances, a new water heater, and a home that's ready to enjoy without immediately donating your weekends to home improvement projects. Step outside to a nice-sized, fully fenced backyard with plenty of room for dogs, kids, cookouts, a garden, or just kicking back and enjoying your own space. And with no HOA, you can enjoy your home without the extra monthly dues or a neighborhood committee keeping tabs on the height of your grass. Located in the Franklin Township school district, this home checks a lot of boxes without handing you a long list of projects in return. Move in, settle down, and start enjoying your new home!

5538 Wagon Wheel Trail, Indianapolis

Listing courtesy of Steve Snyder. Ferris Property Group
897 Hurricane Street, Franklin
$188,000
2 Beds ⋅ 1 Baths
Enjoy the ease of downtown Franklin living in this charming 2-bedroom home set on a generous 100x131 mature lot. Inside, hardwood floors add warmth and character, while the eat-in kitchen creates a comfortable space for casual meals and conversation. The updated full bath features a tiled shower, single sink, and tile flooring. The family room offers added flexibility with a convenient laundry area. Outside, the oversized 1-car garage provides extra room for a workbench, hobbies, and storage, One of the best parts of life here is the location - enjoy dinner, shopping, golf, pickleball, and the energy of downtown Franklin just a short walk away. With Franklin now low-speed vehicle approved, golf cart owners have even more freedom to explore and enjoy the community. Schedule your showing and see how easily this home fits the way you want to live.

897 Hurricane Street, Franklin

Listing courtesy of Patrick Watkins. Mike Watkins Real Estate Group
896 Young Street, Franklin
$175,000
2 Beds ⋅ 1 Baths
Discover a promising Investment Opportunity or wonderful place to call home in this charming 2Bed/1Bath bungalow only one mile from Franklin College! Thoughtfully designed and previously utilized as a successful rental property with newer LVP flooring and neutral paint tones throughout! A welcoming covered front porch overlooks the front yard with large, mature shade trees. The living room offers plenty of ample space for various arrangements & features a beautiful arched door entrway to the hall. The eat-in kitchen is equipped with both upper and lower cabinetry, a double-basin sink, and white appliances including a refrigerator and electric range. The kitchen also holds space for a washer and dryer, both stay. Both bedrooms are well-proportioned, each featuring large windows that invite lots of natural light and include plenty of built-in closet/storage space. The property's exterior expands its appeal with a fantastic wood deck overlooking the spacious backyard. An unexpected highlight is a portion of the the carport that has been converted into an extra-large hobby & workshop area, complete with built-in tables, shelving, and dedicated electricity. The added bonus room behind the workshop area is excellent asset adding practical functionality for any homeowner or potential renter. Located on the east side of Franklin, this would make such a great place to call home or addition to an investment portfolio!

896 Young Street, Franklin

Listing courtesy of Whitney Strange. Keller Williams Indy Metro NE
208 N East, Roachdale
$199,900
2 Beds ⋅ 1 Baths
COMPLETELY REMODELED, REFRESHED & READY FOR YOU! This 1,185 SF home at the edge of town has been beautifully updated from top to bottom, offering 2 Bedrooms, 1 full Bathroom and a versatile Bonus Room that could easily serve as a 3rd Bedroom, Home Office or Play Room. Step inside to discover NEW laminate flooring throughout, freshly painted walls, ceilings and trim in EVERY room, plus all NEW light fixtures and ceiling fans! The stunning kitchen features NEW cabinetry, NEW butcher block countertops, NEW stainless steel appliances including stove, refrigerator, dishwasher and microwave, a NEW sink, built-in pantry space and additional storage shelving. There's also more than enough room for your dining table or a center island. The completely remodeled Bathroom shines with a NEW tub/shower combo, vanity, mirrored medicine cabinet, toilet and fixtures. You'll appreciate the spacious Mud Room and Laundry Room with NEW overhead cabinets for extra storage. All windows are thermal, vinyl and double pane. The window in the Primary Bedroom is NEW. And the BIG-TICKET UPDATES? NEW gas furnace, central A/C and water heater. Outside, enjoy a large corner lot with a fenced-in yard, 2-car detached Garage and a spacious 20x12 Mini Barn with concrete floor! Fresh, modern and packed with updates inside and out, all the work has been done. Now all you have to do is move in and enjoy!

208 N East, Roachdale

Listing courtesy of Amber Greene. Greene Realty, LLC
106 N Indiana Street, Roachdale
$160,000
3 Beds ⋅ 2 Baths
Discover the space and versatility this 3-bedroom, 2-bath home in Roachdale has to offer! Featuring approximately 1,319 square feet on the main level and an additional 720 square feet upstairs, this home offers a flexible layout with room to spread out. The main floor features a primary bedroom, a spacious family room, a laundry room, mud room, and a kitchen with updated cabinetry and flooring. Upstairs, you'll find two additional bedrooms, a loft or playroom area, and plenty of closet space throughout. The oversized garage offers abundant room for multiple vehicles, hobbies, storage, or a workshop. Outside, enjoy the fenced backyard with a wood privacy fence and deck, plus an additional chain-link fenced area ideal for pets or animals. The basement provides even more storage potential, while a wood-burning stove adds another source of warmth and character. Additional features include an electric furnace, central air, an electric water heater, a sump pump, and mechanicals approximately nine years old. The washer, dryer, microwave, and oven are included for added convenience. With generous living space, flexible room arrangements, abundant storage, and excellent garage and outdoor potential, this property offers an opportunity to make a home your own. Conveniently located in the heart of Roachdale, this home is ready for its next owner to bring fresh ideas and personal touches!

106 N Indiana Street, Roachdale

Listing courtesy of Jamie Garriott. Capstone Realty Group, Inc
5760 Overcrest Drive, Indianapolis
$184,900
2 Beds ⋅ 2 Baths
Enjoy comfortable single-level living in this updated, move-in-ready condo in Bradford Place! Featuring two bedrooms and two full bathrooms, this inviting home offers brand-new kitchen appliances and includes a washer and dryer. The HVAC system, including the AC unit, and water heater are approximately two years old, adding peace of mind. A one-car attached garage provides convenient parking and additional storage. Enjoy community amenities including two large stocked fishing ponds, a clubhouse, swimming pool, and tennis courts. Conveniently located near shopping and restaurants, this condo offers a wonderful blend of comfort, convenience, and community.

5760 Overcrest Drive, Indianapolis

Listing courtesy of Brooke Newport. eXp Realty LLC
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 Deborah Harris. 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 Ryan Boyd. 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 Logan McNitt. Trueblood Real Estate
6214 Rolling Meadow Lane, Indianapolis
$192,900
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 Joy Eder. Crossroads Real Estate Group LLC
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 Eric Wolfe. Prime Real Estate
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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