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Frankton, IN Homes for Sale

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  • /13

    $300,000

    • Land
    • 22.75 Acres
    • $13,187 per Acre

    10370 N 550 W, Frankton, IN 46044

    Price increase due to additional land being sold; total of 22.75 acres!! Opportunities abound for this 'peace' of land! Approximately 21 acres are tillable and currently in beans. Three bedroom house is a fixer being sold as is. Room sizes are generous with mostly hardwood floors throughout the house. Large 750 square foot garage in addition to a one car separate garage.

    Lynda Lambert Traditions Realty, LLC

    10370 N 550 W, Frankton, IN 46044
  • /35

    $299,900

    • 3 Beds
    • 2 Baths
    • 2,432 Sq Ft

    5807 W 850 N, Frankton, IN 46044

    Welcome to this charming 3-bedroom, 2-bath home nestled on 1.37 acres in Frankton! This property offers the perfect blend of space and comfort with a finished basement that adds extra living or entertainment space. Outside, you'll find a detached garage and an additional outbuilding, ideal for storage, hobbies, or workshop needs. With plenty of room to enjoy both indoors and out, this home is a

    Brittney White RE/MAX Real Estate Solutions

    5807 W 850 N, Frankton, IN 46044
  • /17

    $164,900

    • Land
    • 5.01 Acres
    • $32,914 per Acre

    900 North W, Frankton, IN 46044

    Stunning 5-Acre Building Lot in Frankton/Lapel School System Welcome to your dream property! This expansive 5-acre building lot is situated in the highly sought-after Frankton/Lapel School System, offering a perfect blend of privacy and convenience. Located in the tranquil Pipe Creek Farms neighborhood on N 900 W, this lot boasts over 700 feet of road frontage, ensuring easy access and ample

    Chad Renbarger Mossy Oak Properties

    900 North W, Frankton, IN 46044
  • /26

    $294,900

    • 3 Beds
    • 2 Baths
    • 1,724 Sq Ft

    712 E Maple St, Frankton, IN 46044

    Welcome home to this charming all-brick ranch in Frankton, offering 3 Bedrooms, 2 Bathrooms, and 1,724 sq. ft. of comfortable living space on a .38 acre lot! A 2-car attached Garage and long gravel drive provide plenty of parking for family and guests. The house received a durable standing seam metal roof just a few years ago, while the Garage roof was updated w/ metal this year, providing years

    Candy Bair RE/MAX Real Estate Solutions

    712 E Maple St, Frankton, IN 46044
  • /35

    $215,000

    • 4 Beds
    • 1 Bath
    • 1,864 Sq Ft

    410 E Plum St, Frankton, IN 46044

    4 Bedroom home in popular Frankton-Lapel School District! Updated and spacious interior. Fantastic raised deck overlooking secluded back yard. Huge garage with extra storage space. Listing includes 3 total parcels, adding up to nearly 1/2 acre lot. Enjoy small town living within reasonable commute to Indy/Fishers/Carmel market!

    Barry Hines Realty Wealth Advisors

    410 E Plum St, Frankton, IN 46044
  • /20

    $154,900

    • 3 Beds
    • 2 Baths
    • 1,406 Sq Ft

    306 W Clyde St, Frankton, IN 46044

    Charming 3-Bed, 2-Bath Ranch on the Edge of Frankton! Step into this great ranch home offering 3 spacious bedrooms and 2 full baths. Enjoy peace of mind with all new plumbing, a roof just 4 years old, and an HVAC system only 5 years old. The home features new flooring throughout and has been freshly painted, giving it a bright, modern feel. A standout feature is the large 3-car detached garage,

    Marty Dulworth RE/MAX Real Estate Solutions

    306 W Clyde St, Frankton, IN 46044

Why Live in Frankton

Frankton, Indiana, is a small town in Madison County, surrounded by larger cities like Muncie, Kokomo, Anderson, and Indianapolis, all within an hour's drive. This proximity makes it an attractive option for those working in these cities but preferring a quieter, more affordable living environment. Frankton is known for its tight-knit community and family-friendly atmosphere, with residents feeling safe walking around even after dark. The town features a variety of home styles, including ranch-style designs and National Folk architecture, with most homes built between the 1940s and 1960s. There are also opportunities for new construction, particularly on the west side of town. Frankton's school system is highly rated, drawing families who prioritize education. Sports play a significant role in the local culture, drawing community support. Dining options are limited but cherished, with Bernie’s Bar, MJ Scoops, and Maranatha Coffee Company being local favorites. The town hosts several annual events, including the Heritage Days Festival and the Frankton Christmas Festival, providing plenty of activities for residents. Jefferson Park and Maple Meadows Park offer recreational spaces, while the Frankton Community Library and local churches serve as community hubs. Elwood, just 7 miles away, provides additional amenities, and larger cities like Anderson and Muncie are within a 20-mile radius. Indianapolis is a 45-mile drive, offering big-city attractions and an international airport.

Frequently Asked Questions

What is the average home price in Frankton, IN?
Homes for sale in Frankton, IN have an average home price of $239,064.
Are home prices dropping in Frankton?
Yes, home prices in Frankton are down 5% in the last 12 months.
How many homes have sold over the last 12 months in Frankton, IN?
20 homes have sold in Frankton, IN over the last 12 months.
What are the most popular zip codes in Frankton, IN?
The most popular zip codes in Frankton, IN include 46044, 46001, 46036, 46072 and 46011.
How much do you need to make to afford a house in Frankton?
The median home price in Frankton is $239,900. If you put a 20% down payment of $48,000 and had a 30-year fixed mortgage with an interest rate of 6.34%, your estimated principal and interest payment would be $1,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Frankton.
How are the schools in Frankton, IN?
Frankton, IN has highly rated public and private schools. Some of the best schools in Frankton based on Niche Grades are Frankton Junior/Senior High School and Frankton Elementary School. Browse all the schools in Frankton, IN to learn more.

Home Trends in Frankton, IN

Housing Trends

Median Sale Price
$218,500
Median Single Family Sale Price
$222,500
Average Price Per Sq Ft
$136
Number of Homes for Sale
4
Last 12 months Home Sales
20
Months of Supply
2.40
Median List Price
$239,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
9%
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