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Franklin, IN Townhomes for Sale

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  • 76 E Wayne St Unit B, Franklin, IN 46131
    76 E Wayne St Unit B, Franklin, IN 46131
    76 E Wayne St Unit B, Franklin, IN 46131
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    $650,000 New Construction

    • 2 Beds
    • 3 Baths
    • 2,078 Sq Ft

    76 E Wayne St Unit B, Franklin, IN 46131

    Newkirk Square Townhomes are the perfect mix of elegance, modernism, and classical upscale housing. This unit features 2 Bedrooms, 3 Baths, Open Kitchen/Hearth/Dining Areas with 10' Ceilings, Custom Automated blinds and Stainless Kitchen GE Cafe Appliances, Quartz Countertops & Backsplash. Private two car finished garage and main floor office (flex room) and full bath add to the flexibility of

    Tanya Smythe Smythe & Co, Inc

    76 E Wayne St Unit B, Franklin, IN 46131
  • 178 S Water St Unit F, Franklin, IN 46131
    178 S Water St Unit F, Franklin, IN 46131
    178 S Water St Unit F, Franklin, IN 46131
    /16

    $650,000 New Construction

    • 3 Beds
    • 3 Baths
    • 2,363 Sq Ft

    178 S Water St Unit F, Franklin, IN 46131

    Newkirk Square Townhomes is the perfect mix of elegance, modernism, and classical upscale housing. Newkirk Square phase 1 is low maintenance luxury living with attached 2-car rear load garages for easy access. The townhome is dressed with brick and stone adding to its rich architectural style. These upscale townhomes featured in the heart of Downtown Franklin are within walking distance to all

    Tanya Smythe Smythe & Co, Inc

    178 S Water St Unit F, Franklin, IN 46131
  • 98 E Wayne St Unit D, Franklin, IN 46131
    98 E Wayne St Unit D, Franklin, IN 46131
    98 E Wayne St Unit D, Franklin, IN 46131
    /16

    $725,000 New Construction

    • 3 Beds
    • 3 Baths
    • 2,616 Sq Ft

    98 E Wayne St Unit D, Franklin, IN 46131

    Newkirk Square Townhomes is the perfect mix of elegance, modernism, and classical upscale housing! This Custom Luxury Townhome is 3 Bedrooms 3 1/2 bath with attached 2-car rear load garages for easy access. Exterior is dressed with brick and stone adding to its rich architectural style. These upscale townhomes featured in the heart of Downtown Franklin are within walking distance to all

    Tanya Smythe Smythe & Co, Inc

    98 E Wayne St Unit D, Franklin, IN 46131
  • 82 E Wayne St Unit C, Franklin, IN 46131
    82 E Wayne St Unit C, Franklin, IN 46131
    82 E Wayne St Unit C, Franklin, IN 46131
    /47

    $629,000 New Construction

    • 2 Beds
    • 3 Baths
    • 2,363 Sq Ft

    82 E Wayne St Unit C, Franklin, IN 46131

    JUST COMPLETED-MOVE IN READY! Newkirk Square Townhomes is the perfect mix of elegance, modernism, and classical upscale housing. This home features OPEN concept great room, dining, kitchen with volume ceilings. Two car attached FINISHED garage with storage area. This UPSCALE CUSTOM Townhome, featured in the heart of downtown Franklin, is within walking distance to all things downtown,

    Tanya Smythe Smythe & Co, Inc

    82 E Wayne St Unit C, Franklin, IN 46131
Indiana Franklin

Townhomes for Sale in Franklin, IN

About Franklin

Primarily surrounded by farmland on three sides, Franklin is where the Indianapolis metropolitan area begins or ends, depending on which direction one is headed on Interstate 65. Franklin is about 25 miles southeast of downtown Indy but has long established an identity of its own as the seat of Johnson County. "It has a small-town feel, and it's only 30 minutes away from the big city of Indianapolis," says Realtor Shelly Linton of Smyth and Co. Real Estate, whose office is in downtown Franklin. “It’s an easy commute because we’re close to Inter ...

Learn more about living in Franklin

Home Trends in Franklin, IN

On average, homes in Franklin, IN sell after 32 days on the market compared to the national average of 47 days. The average sale price for homes in Franklin, IN over the last 12 months is $315,543, up 2% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$290,000
Median Single Family Price
$299,995
Median Townhouse Price
$220,000
Median 2 Bedroom Price
$320,000
Average Price Per Sq Ft
$177
Number of Homes for Sale
61
Last 12 months Home Sales
447
Months of Supply
1.60
Median List Price
$310,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
6%
How to Buy a Home How to Finance a Home How to Sell a Home

In Franklin, there are currently 4 townhouses for sale, providing a range of options for prospective buyers. With townhouses priced between $629,000 to $725,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Franklin is $310,000, while the average sale price is $315,543, offering insights into the local housing market. On average, townhouses spend 32 days listed before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options to cater to different lifestyles. Explore the listings and townhomes for sale in Franklin, IN, and find the perfect place to call home.

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