Franklin Township Real Estate & Homes for Sale in Indiana
Located in Marion County, just 20 minutes from the booming metropolis known as Indianapolis, is the wonderfully charming community of Franklin Township. The communities of Wanamaker, the eastern portion of Beech Grove, and Acton are part of Franklin Township. Home to just over 36,000 residents, Franklin Township is a welcoming community that fosters a pro-business environment, provides residents with a strong sense of community and big-city amenities within arm's reach, affordable housing, and an overall excellent quality of life.
Franklin Township's history is deeply rooted in family farming and agriculture; today, the community has done an exceptional job in preserving the rural atmosphere while providing residents with modern-day amenities and conveniences. Since the community is within proximity to several highways, interstates, and the Indianapolis International Airport, many small and big businesses have made the move to Franklin Township and the greater Indianapolis metro with great success. Many families are also making the move to Franklin Township for its excellent schools and higher learning facilities.
Residents also get to take advantage of the many cultural, recreational, and economical amenities that Indianapolis has to offer. Art galleries and cultural districts can be found throughout the city, popular professional sports teams bring a sense of camaraderie to the community, and the city is recognized as second to Washington, DC, in terms of monuments found within city limits.
If you're looking to settle down in a quiet, suburban area with the rural countryside serving as your backyard to the city of Indianapolis, then consider making the move to the Township of Franklin.
Prices of Franklin Township Homes for Sale
Franklin's housing market is considered highly affordable, offering newcomers with many opportunities to invest. First-time buyers and seasoned investors will find that real estate in Franklin Township includes an excellent selection of houses, condos and townhouses. Homes for sale in this community begin in the low $100,000s for charming starter homes in quiet neighborhoods such as Wildcat Run and Harmony. Estate sized homes with large lots or acreage are available starting at $500,000. Franklin Township townhouses and condos are priced starting at $100,000 - $325,000.
Franklin Township, Indiana Average Home Sizes and Asking Prices
Asking Price in 46107 - 3 Bedroom Single Family Homes
Franklin Township Real Estate Stats and Trends for the week of February 23rd, 2020: homes priced around $222,094 compared to $222,094 the previous week, to remain steady with no change in listing price. For Sunday, February 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.