Cheap homes for sale & real estate in Franklin Township, IN

314 homes

Sort:

Recommended

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Franklin Township, IN:
Discover this stunning new construction home at 5220 Rolling Meadow Boulevard in Indianapolis. Built by M/I Homes, this thoughtfully designed 3-bedroom, 2.5-bathroom home offers 2,180 square feet of comfortable living space. Key Features: Open-concept living space Electric fireplace Loft Walk-in closets in each bedroom Owner's en-suite bathroom The home's open-concept design creates seamless flow between living areas, making it ideal for both relaxation and hosting guests. Each bedroom provides comfortable accommodations, while the upstairs owner's bedroom offers a private retreat. The thoughtful floorplan maximizes every square foot, creating functional spaces that adapt to your lif

$359,990

3 beds2.5 baths2,180 sq ft

5220 Rolling Meadow Blvd, Indianapolis, IN 46237

Covered porch • Massive loft • Gathering room

Listing provided by Zillow

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Franklin Township, IN:
Discover this stunning new construction home at 10603 Mangrove Drive in Indianapolis. Built by M/I Homes, this beautifully designed 3-bedroom, 2-bathroom ranch villa offers 1,716 square feet of thoughtfully planned living space. Key Features: Open-concept living space Extended veranda Electric fireplace Owner's en-suite bathroom with a dual-sink vanity Low-maintenance living The open-concept living space creates a seamless flow between the kitchen, dining, and family areas, perfect for both daily living and entertaining. The quality of design throughout this home reflects M/I Homes' commitment to excellence, featuring carefully selected finishes and attention to detail in every room.

$353,720

3 beds2.5 baths1,716 sq ft

10603 Mangrove Dr, Indianapolis, IN 46239

Laundry room • Powder room • Walk in closet

Listing provided by Zillow

ABOUT THIS HOME
Cheap Home for sale in Franklin Township, IN:
Why wait 6 to 8 Months to build a new home when you can get one that looks brand new in 30 to 45days. Welcome to this beautiful, upgraded Norway Floor plan offers 5 bedrooms and 3 full baths. Main floor offers Formal dining room; kitchen has huge island with quartz counter tops and walk-in pantry. Main floor also has a Bedroom and full bath with walk in shower. Head upstairs where you will find 4 enormous size bedrooms with walk in closets. Master Bath and hall bath both has dual vanity, walk in shower and master has a soaking tub. Wait you want a great view with Privacy while entertaining guest than head to the huge back yard where you will find 16x12 concreate patio and pond view.

$399,900

5 beds3 baths3,030 sq ft

10236 Arctic Edge Dr, Indianapolis, IN 46239

Dual vanity • Huge island • Walk in closets

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Franklin Township, IN:
Discover this stunning new construction home at 3919 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,802 square feet of comfortable living space with an open-concept design perfect for daily life and entertaining. Key Features: Flex room Open-concept living space Electric fireplace Walk-in kitchen pantry Loft The home's open-concept living space creates an inviting atmosphere where family and friends can gather comfortably. The upstairs owner's bedroom provides a private retreat, while the additional 3 bedrooms offer flexibility for family needs, guests, or home office space. This home is situated in a desirable Fr

$378,580

4 beds2.5 baths2,802 sq ft

3919 Quinn Rd, Indianapolis, IN 46239

Spacious loft • Walk-in pantry • 2 garage spots

Listing provided by Zillow

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Franklin Township, IN:
Discover this stunning new construction home at 3926 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home spans 2,388 square feet and features an open-concept living space. Key features include: First-floor flex room Electric fireplace Loft Owner's en-suite bathroom The home's floorplan maximizes functionality while maintaining an inviting atmosphere throughout. The owner's bedroom upstairs provides privacy and comfort, while the remaining 3 bedrooms offer flexibility for family needs, home office space, or guest accommodations. This neighborhood offers excellent proximity to parks, making it ideal for families who enjoy outdoor

$374,770

4 beds2.5 baths2,388 sq ft

3926 Quinn Rd, Indianapolis, IN 46239

Practical mudroom • Flexible room • Large storage closet

Listing provided by Zillow

Property at Van Buren Plan, Indianapolis, IN 46239, 4 beds, 2.5 baths

$366,995

4 beds2.5 baths2,929 sq ft

Van Buren Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 7338 Deerberg Dr, Indianapolis, IN 46259, 3 beds, 2.5 baths

$389,990

3 beds2.5 baths2,396 sq ft

7338 Deerberg Dr, Indianapolis, IN 46259

Property at Brooklyn Plan, Indianapolis, IN 46239, 3 beds, 2.5 baths

$315,990

3 beds2.5 baths2,128 sq ft

Brooklyn Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Cortland Plan, Indianapolis, IN 46239, 4 beds, 3 baths

$379,900

4 beds3 baths2,278 sq ft

Cortland Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Jefferson Plan, Indianapolis, IN 46259, 3 beds, 2.5 baths

$349,990

3 beds2.5 baths2,395 sq ft

Jefferson Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at 10619 Mangrove Dr, Indianapolis, IN 46239, 2 beds, 2 baths

$299,990

2 beds2 baths1,495 sq ft

10619 Mangrove Dr, Indianapolis, IN 46239

Listing provided by Zillow

Property at 7125 Waylon Way, Indianapolis, IN 46239, 3 beds, 2.5 baths

$344,960

3 beds2.5 baths2,128 sq ft

7125 Waylon Way, Indianapolis, IN 46239

Listing provided by Zillow

Property at 5140 Rolling Meadow Blvd, Indianapolis, IN 46237, 3 beds, 2.5 baths

$359,990

3 beds2.5 baths2,169 sq ft

5140 Rolling Meadow Blvd, Indianapolis, IN 46237

Property at 10623 Mangrove Dr, Indianapolis, IN 46239, 3 beds, 2.5 baths

$308,990

3 beds2.5 baths1,716 sq ft

10623 Mangrove Dr, Indianapolis, IN 46239

Listing provided by Zillow

Property at Reagan Plan, Indianapolis, IN 46239, 3 beds, 2.5 baths

$350,995

3 beds2.5 baths2,300 sq ft

Reagan Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Bella Vista Plan, Indianapolis, IN 46239, 2 beds, 2 baths

$266,990

2 beds2 baths1,495 sq ft

Bella Vista Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 3923 Quinn Rd, Indianapolis, IN 46239, 4 beds, 2.5 baths

$356,630

4 beds2.5 baths2,128 sq ft

3923 Quinn Rd, Indianapolis, IN 46239

Listing provided by Zillow

Property at Hampshire Plan, Indianapolis, IN 46239, 5 beds, 3 baths

$389,995

5 beds3 baths2,422 sq ft

Hampshire Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Dayton Plan, Indianapolis, IN 46239, 5 beds, 3.5 baths

$424,900

5 beds3.5 baths3,388 sq ft

Dayton Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Jefferson Plan, Indianapolis, IN 46239, 3 beds, 2 baths

$347,995

3 beds2 baths2,241 sq ft

Jefferson Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 10601 Mangrove Dr, Indianapolis, IN 46239, 3 beds, 2.5 baths

$348,130

3 beds2.5 baths1,716 sq ft

10601 Mangrove Dr, Indianapolis, IN 46239

Listing provided by Zillow

Property at 7119 Waylon Way, Indianapolis, IN 46239, 4 beds, 2.5 baths

$378,840

4 beds2.5 baths2,596 sq ft

7119 Waylon Way, Indianapolis, IN 46239

Listing provided by Zillow

Property at Mackey II Plan, Indianapolis, IN 46259, 2 beds, 2 baths

$311,990

2 beds2 baths1,603 sq ft

Mackey II Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at Stamford Plan, Indianapolis, IN 46239, 4 beds, 2.5 baths

$329,900

4 beds2.5 baths2,346 sq ft

Stamford Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 3341 Carica Dr, Indianapolis, IN 46203, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths2,630 sq ft

3341 Carica Dr, Indianapolis, IN 46203

Property at Johnstown Plan, Indianapolis, IN 46239, 5 beds, 3.5 baths

$436,000

5 beds3.5 baths3,062 sq ft

Johnstown Plan, Indianapolis, IN 46239

Listing provided by Zillow

$409,900

5 beds3.5 baths3,062 sq ft

Johnstown Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Kingston Plan, Indianapolis, IN 46239, 5 beds, 3 baths

$399,995

5 beds3 baths2,736 sq ft

Kingston Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Rushmore Plan, Indianapolis, IN 46259, 4 beds, 3 baths

$364,990

4 beds3 baths2,619 sq ft

Rushmore Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at Lincoln Plan, Indianapolis, IN 46259, 4 beds, 3 baths

$356,990

4 beds3 baths2,539 sq ft

Lincoln Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at Chatham Plan, Indianapolis, IN 46239, 4 beds, 2 baths

$350,000

4 beds2 baths1,771 sq ft

Chatham Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Cheswicke II Plan, Indianapolis, IN 46239, 3 beds, 2 baths

$359,990

3 beds2 baths2,191 sq ft

Cheswicke II Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at 5041 Rolling Meadow Blvd, Indianapolis, IN 46237, 3 beds, 2.5 baths

$369,990

3 beds2.5 baths2,169 sq ft

5041 Rolling Meadow Blvd, Indianapolis, IN 46237

Listing provided by Zillow

Property at Valencia Plan, Indianapolis, IN 46239, 5 beds, 3.5 baths

$419,995

5 beds3.5 baths3,054 sq ft

Valencia Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Monroe Plan, Indianapolis, IN 46239, 4 beds, 2.5 baths

$396,995

4 beds2.5 baths3,310 sq ft

Monroe Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Liberty Plan, Indianapolis, IN 46259, 4 beds, 2.5 baths

$369,990

4 beds2.5 baths2,829 sq ft

Liberty Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at Ashton Plan, Indianapolis, IN 46259, 2 beds, 2 baths

$332,990

2 beds2 baths1,842 sq ft

Ashton Plan, Indianapolis, IN 46259

Listing provided by Zillow

Property at Kentmore Basement Plan, Indianapolis, IN 46239, 3 beds, 2.5 baths

$422,490

3 beds2.5 baths2,070 sq ft

Kentmore Basement Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Cheswicke II Basement Plan, Indianapolis, IN 46239, 3 beds, 2 baths

$432,490

3 beds2 baths2,191 sq ft

Cheswicke II Basement Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Ainsley II Plan, Indianapolis, IN 46239, 4 beds, 2.5 baths

$439,990

4 beds2.5 baths3,141 sq ft

Ainsley II Plan, Indianapolis, IN 46239

Listing provided by Zillow

Property at Castello Plan, Indianapolis, IN 46239, 2 beds, 2.5 baths

$275,990

2 beds2.5 baths1,628 sq ft

Castello Plan, Indianapolis, IN 46239

Listing provided by Zillow

Viewing page 7 of 8

Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Franklin Township

There are currently 314 cheap homes for sale in Franklin Township at a median listing price of $330K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Franklin Township stay on the market for 59 days and receive 1 offers. This map is refreshed with the newest listings in Franklin Township every 15 minutes.

In the past month, 92 homes have been sold in Franklin Township. In addition to houses in Franklin Township, there were also 23 condos, 2 townhouses, and 1 multi-family unit for sale in Franklin Township last month. Find your dream home in Franklin Township using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Franklin Township are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Franklin Township. If you're looking to sell your home in the Franklin Township area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Franklin Township with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Franklin Township, IN

Nearby Minor Civil Divisions

Cities

Nearby Minor Civil Divisions with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in Franklin Township, IN

Featured
Price

How to buy a house in Franklin Township, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.