Residential

Franklin, IN Residential Land & Home Lots for Sale

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Franklin Residential Building Site
Updated: Dec 12, 2025
Franklin Residential Building Site

W State Road 44 (Lot 2A), Franklin, IN 46131

$215,000
4.27 AC lot
Large 4.27‑acre building site offers ample space and potential.
Conveniently located near Franklin, balancing accessibility and country living.
No HOA or building restrictions provide freedom and flexibility.
DOT‑approved driveway easement ensures legal access.
Peaceful country living environment.
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Commercial Development Land Parcel
Updated: Jul 15, 2024
Commercial Development Land Parcel

4000 State Road 135, Franklin, IN 46131

$4,000,000
Approximately 1,800'+/- of frontage along SR 135
Suited for commercial or multifamily development planning
Utilities are nearby
Possible strip center location
Rear 68+/- acres are under contract for proposed residential use
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Residential Golf-Adjacent Home Lot
Residential Golf-Adjacent Home Lot

1682 Mill Pond Ln, Franklin, IN

$105,000

Vacant home lot in Homesteads at Hillview, connected to the Greenway Trail beside Hillview Golf Course.

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Custom Home Lots Near Golf Course
Custom Home Lots Near Golf Course

1658 Mill Pond Ln, Franklin, IN

$110,000

All-new Windsor Section home lots connected to the Greenway Trail, on the east side of Hillview Golf Course.

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Residential Land Lot Near Greenway Trail
Residential Land Lot Near Greenway Trail

835 Beechtree Ln, Franklin, IN

$115,000

Build in an all-new custom home neighborhood with Greenway Trail access just beyond the backyard.

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Custom Home Lot in Golf Community
Custom Home Lot in Golf Community

867 Beechtree Ln, Franklin, IN

$115,000

Residential lot in an all-new Windsor Section at Hillview Golf Course with Greenway Trail access.

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Land
Land

1650 Mill Pond Ln, Franklin, IN

$105,000

Residential land & home lots

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Estate Home Building Lot
Estate Home Building Lot

N State Road 135, Bargersville, IN 46106

$399,900
10.00 AC lot

A 10-acre A1 zoned tract with recorded deed restrictions, suited for custom home building with room for improvements.

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R1 Zoned Commercial Land Site
R1 Zoned Commercial Land Site

W State Road 144, Bargersville, IN 46106

$1,100,550
7.59 AC lot

Multi-utility, improved lot with nearly 600 feet of frontage on Old Plank Road, positioned in Center Grove School.

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Land
Land

170 S Railroad St, Whiteland, IN 46184

Contact for pricing

Residential land & home lots

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

400 S Us 31, Whiteland, IN 46184

$3,650,500
20.86 AC lot

Commercial land zoned C2 with frontage along US Highway 31, offered for development opportunities in Whiteland, IN.

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Franklin, IN Residential Land & Home Lots Market Trends and Statistics

Explore 7 residential land & home lots for sale in Franklin, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 186,001 square feet of properties for sale, with an estimated market value of $4,765,000.

Sale prices for home sites in Franklin, IN start at $105,000, averaging $680,714, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 10
Industrial land 8
Residential land & home lots 6

Demographics Overview

Population 36K
Population Growth (5Y) +9.7%
Median Household Income $81,914
College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46131 $215K

Taxes & Financing

Tax Rate (average for all types) 2.14%
Property Tax per SF $54.44 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Franklin fall within the under-1-acre range.

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