Franklin Township Real Estate - Indianapolis

Franklin Township Condos / Townhomes

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MLS# 2763077

MLS ID: 2763077
Price: $925,000
City: Indianapolis
Subdivision: DIAMOND RIDGE AT THE POIN
Bedrooms: 4 Bathrooms: 5
Property Type: Residential / Condo
Listing Broker: Litz Group, INC

MLS# 2818467

MLS ID: 2818467
Price: $899,900
City: INDPLS
Subdivision: DIAMOND RIDGE
Bedrooms: 4 Bathrooms: 4
Property Type: Residential / Condo
Listing Broker: RE/MAX Select, REALTORS

MLS# 2828173

MLS ID: 2828173
Price: $899,000
City: Indianapolis
Subdivision: Diamond Ridge
Bedrooms: 4 Bathrooms: 4
Property Type: Residential / Condo
Listing Broker: Litz Group, INC

MLS# 2814777

MLS ID: 2814777
Price: $820,000
City: Indianapolis
Subdivision: FRANKLIN PARKE ESTATES
Bedrooms: 5 Bathrooms: 6
Property Type: Residential / Condo
Listing Broker: Tomorrow Realty, Inc.

MLS# 2833635

MLS ID: 2833635
Price: $795,900
City: INDIANAPOLIS
Subdivision: PT SE1/4 SE1/4 S5 T14 R5
Bedrooms: 5 Bathrooms: 6
Property Type: Residential / Condo
Listing Broker: HomeXpert, Ray Stuck & Co.

MLS# 2840773

MLS ID: 2840773
Price: $769,900
City: Indpls
Subdivision: DIAMOND RIDGE
Bedrooms: 5 Bathrooms: 4
Property Type: Residential / Condo
Listing Broker: RE/MAX Select, REALTORS

MLS# 2828255

MLS ID: 2828255
Price: $750,000
City: INDIANAPOLIS
Bedrooms: 3 Bathrooms: 3
Property Type: Residential / Condo
Listing Broker: CENTURY 21 Scheetz

MLS# 2826433

MLS ID: 2826433
Price: $748,900
City: Indianapolis
Subdivision: Greystone
Bedrooms: 5 Bathrooms: 7
Property Type: Residential / Condo
Listing Broker: Keller Williams Indpls Metro S

MLS# 2775255

MLS ID: 2775255
Price: $725,000
City: Indianapolis
Subdivision: Metes and Bounds
Bedrooms: 5 Bathrooms: 5
Property Type: Residential / Condo
Listing Broker: RE/MAX Select, REALTORS

MLS# 2771888

MLS ID: 2771888
Price: $649,900
City: Indianapolis
Subdivision: Emerald Ridge @The Pointe
Bedrooms: 5 Bathrooms: 5
Property Type: Residential / Condo
Listing Broker: Real Estate Links
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Franklin Township Indianapolis

Franklin Township is located in the Southeast corner of Marion County and is one of the nine townships that make up Marion County and Indianapolis.  The borders of Franklin Township are County Line Road to the south, Emerson Avenue to the west, Troy Avenue to the north, and Carroll Road to the east.
Franklin Township was established as a township in 1824 and is still home to two of its founding communities Wanamaker and Acton.  Franklin Township is among the last areas of Marion County to witness residential and commercial development as a result of the growth and expansion of Indianapolis.  Most of the expansion has started on the western borders of Franklin Township and is quickly traveling to the eastern portion of the township.
Franklin Township real estate offers a wide variety of homes, condos, and town homes for Indianapolis home buyers.  Indianapolis real estate in Franklin Township typically ranges from $80,000 - $700,000 with the average home price around $150,000. 

Rebate Real Estate offers a 50% commission rebate on all Indianapolis homes in Franklin Township.  If you are considering buying or selling Franklin Township real estate, let Rebate Real Estate represent you as you Indianapolis real estate agent and give you a 50% commission rebate. 

Please feel free to use our database to search all Indianapolis Homes for sale

 

Indianapolis New Homes- Franklin Township

Due to the availability of land and its proximity to Indianapolis and major highways, Franklin Township is one of the most popular areas for Indianapolis new homes.  The majority of new homes in Franklin Township are geared towards the first time home buyers and are priced below $200,000.  However, there are several communities in Franklin Township that offer homes that range from $250,000 and up including several custom home builders.  Some of the Indianapolis new home builders with communities currently in Franklin Township are: C.P. Morgan, Beazer Homes, Davis Homes, M/I Homes, KB Homes, Centex Homes, Arbor Homes, Hansen and Horn, Princeton Homes, Ryland Homes, Pulte Homes, and Estridge.

Rebate Real Estate offers a 50% commission rebate on almost all Indianapolis new home builders in Franklin Township.  Please visit our Indianapolis New Homes page to find out more. 

 

Franklin Township Real Estate Report - December 2007

 

2006
2007
% Change
Active
N/A
595
Homes Sold
75
52
-31%
Average Selling Price
$148,272
$140,702
-5%
Days on Market
95
107
13%
Price Per Square Foot
$74
$68
-8%

 

- The number of homes sold in Franklin Township is down 31% over last year.
- The average selling price for Franklin Township real estate is down 5% compared to 2006.
- There are currently 595 homes on the market in Franklin Township.
- There is a 7.70 month supply of homes on the Franklin Township real estate market.

 

 

Indianapolis Real Estate Franklin Township Numbers Year to Date

# of Homes Sold
Average Sales Price
2006
2007
% Change
2006
2007
% Change
Jan.
47
44
-6.38%
$146,450
$114,148
-22.06%
Feb.
79
77
-2.53%
$135,481
$130,488
-3.69%
March
94
73
-22.34%
$133,520
$139,334
4.35%
April
81
103
27.16%
$138,611
$131,665
-5.01%
May
110
107
-2.73%
$145,436
$142,741
-1.85%
June
91
105
15.38%
$141,941
$128,998
-9.12%
July
88
80
-9.09%
$134,509
$132,345
-1.61%
Aug.
88
79
-10.23%
$142,065
$135,028
-4.95%
Sept.
83
63
-24.10%
$153,346
$143,465
-6.44%
Oct.
79
78
-1.27%
$132,030
$143,907
9.00%
Nov.
81
62
-23.46%
$137,249
$136,430
-0.60%
Dec.
75
52
-30.67%
$148,272
$140,702
-5.11%
 
Totals
996
923
-7.33%
$140,743
$134,938
-4.12%

 

*Sold homes numbers are calculated on all homes selling in Franklin Township Indianapolis under $500,000.

 

Please see the Indianapolis Real Estate portion of our blog to see previous months and other Indianapolis Real Estate news.

 

 

 

 

Rebate Real Estate
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mtaylor@indyrebaterealestate.com

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