Cheap homes for sale & real estate in 46131, IN

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NEW 16 HRS AGOFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Acreage, convenience, and a great Franklin location, this property offers the best of both worlds. Situated on 2 acres just minutes from downtown Franklin, this 3-bedroom, 2-bath home offers the opportunity to enjoy more land and privacy while remaining close to everything you need. Inside, the home offers living space with a comfortable and functional layout. The large living room offers a welcoming space to relax plus extra space for a reading nook or office area. The adorable farmhouse-like kitchen features ample cabinetry, open shelving, and counter space, providing plenty of room for preparing meals and gathering with family and friends. The primary suite features a private bathroom wi

$324,900

3 beds2 baths1,624 sq ft

2 acres • Large living room • Walk-in shower

1633 S Old Us Highway 31, Franklin, IN 46131

NEW 8 HRS AGO3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
949 Colonial Way is a two-story Franklin home with a two-car garage, backing to the community pond. The kitchen features dark cabinetry, a center island, and stainless steel appliances, opening into a connected living and dining area. Upstairs, an open loft provides additional living space, and the primary bathroom includes a soaking tub, separate shower, and a walk-in closet. This two-story layout offers comfortable living in the Heritage community. Included 100-Day Home Warranty with buyer activation

$271,000

3 beds2 baths2,059 sq ft

Open loft • Soaking tub • Separate shower

949 Colonial Way, Franklin, IN 46131

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Take a step back in time with this well maintained brick home built in 1895 that seamlessly blends its historic charm with timeless elegance. This home features soaring 9 Ft. ceilings , and exquisite built-in details, this classic home exudes warmth and character. The generous living spaces are filled with natural light highlighting the craftsmanship of a bygone era. Outside the sprawling front porch invites you to relax and enjoy the serene surroundings, perfect for your morning coffee or evening gatherings. This rare gem is a true piece of history, lovingly preserved and ready to welcome the next chapter. Located in downtown Franklin where the things to do are endless. Several restaurants

$375,000

3 beds2 baths3,359 sq ft

Historic charm • Natural light • Brick home

35 E King St, Franklin, IN 46131

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Great value in Franklin Community Schools area. This home is nestled into a cul-de-sac lot, with beautiful mature trees and great neighbors. Spacious multilevel home with two full baths! Storage shed and fenced in back yard. Hardwood floors in the kitchen and eat-in dining room. The family room is very massive and offers an alternate space for kids to play or host gamedays! Come see this little gem in Knollwood Farms, No HOA!!

$243,500

3 beds2 baths1,390 sq ft

Cul-de-sac lot • Storage shed • Fenced in back yard

1429 Leblanc Ct, Franklin, IN 46131

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Welcome home to this spacious 3-bedroom, 2.5-bath home, offering the perfect blend of comfort, functionality, and room to spread out. The main level features a cozy living room plus an open-concept great room that flows seamlessly into the kitchen and breakfast area, creating an inviting space for everyday living and entertaining. Just off the garage, a large mudroom with a walk-in pantry provides exceptional storage and organization. Upstairs, you'll find a versatile loft that can easily serve as a home office, media room, playroom, or additional living space. The spacious primary suite features a walk-in closet and tiled tub/shower combination, while two additional bedrooms share a full h

$265,000

3 beds2.5 baths2,062 sq ft

Large mudroom • Versatile loft • Walk-in pantry

2122 Bridlewood Dr, Franklin, IN 46131

Property at 2273 Bridlewood Dr, Franklin, IN 46131, 3 beds, 2 baths

$275,000

3 beds2 baths1,370 sq ft

2273 Bridlewood Dr, Franklin, IN 46131

Property at 776 Shore View Dr, Franklin, IN 46131, 3 beds, 2.5 baths

$319,900

3 beds2.5 baths1,644 sq ft

776 Shore View Dr, Franklin, IN 46131

Property at 1067 Taurus Ln, Franklin, IN 46131, 3 beds, 2 baths

$284,900

3 beds2 baths1,662 sq ft

1067 Taurus Ln, Franklin, IN 46131

Property at 197 Hurricane St, Franklin, IN 46131, 3 beds, 2 baths

$227,000

3 beds2 baths1,954 sq ft

197 Hurricane St, Franklin, IN 46131

Property at 1349 Fiesta Dr, Franklin, IN 46131, 3 beds, 2.5 baths

$315,000

3 beds2.5 baths1,709 sq ft

1349 Fiesta Dr, Franklin, IN 46131

Property at 3853 Flora Dr, Franklin, IN 46131, 5 beds, 3.5 baths

$420,175

5 beds3.5 baths3,054 sq ft

3853 Flora Dr, Franklin, IN 46131

Listing provided by Zillow

Property at 1551 Hickory Ln, Franklin, IN 46131, 5 beds, 3 baths

$391,180

5 beds3 baths2,736 sq ft

1551 Hickory Ln, Franklin, IN 46131

Listing provided by Zillow

Property at 3738 Hanford Rd, Franklin, IN 46131, 5 beds, 3 baths

$379,985

5 beds3 baths2,578 sq ft

3738 Hanford Rd, Franklin, IN 46131

Property at 900 Elmwood Dr, Franklin, IN 46131, 4 beds, 3 baths

$249,900

4 beds3 baths1,926 sq ft

900 Elmwood Dr, Franklin, IN 46131

Property at 1022 E 600 S, Franklin, IN 46131, 4 beds, 2 baths

$420,000

4 beds2 baths2,536 sq ft

1022 E 600 S, Franklin, IN 46131

Property at 915 S Home Ave, Franklin, IN 46131, 3 beds, 2 baths

$350,000

3 beds2 baths2,080 sq ft

915 S Home Ave, Franklin, IN 46131

Property at 420 S Main St, Franklin, IN 46131, 2 beds, 1 bath

$209,900

2 beds1 bath900 sq ft

420 S Main St, Franklin, IN 46131

Property at 1230 E King St, Franklin, IN 46131, 4 beds, 2 baths

$436,500

4 beds2 baths2,224 sq ft

1230 E King St, Franklin, IN 46131

Property at 2122 Cedarmill Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$229,900

4 beds2.5 baths1,661 sq ft

2122 Cedarmill Dr, Franklin, IN 46131

Property at 2003 Falcon Ct, Franklin, IN 46131, 4 beds, 2.5 baths

$229,000

4 beds2.5 baths1,519 sq ft

2003 Falcon Ct, Franklin, IN 46131

Property at 4067 Dogwood Ct, Franklin, IN 46131, 3 beds, 2.5 baths

$290,000

3 beds2.5 baths2,670 sq ft

4067 Dogwood Ct, Franklin, IN 46131

Property at 786 Lake Crossing Ct, Franklin, IN 46131, 3 beds, 2.5 baths

$330,000

3 beds2.5 baths1,726 sq ft

786 Lake Crossing Ct, Franklin, IN 46131

Property at 295 Carriage Ct, Franklin, IN 46131, 3 beds, 3 baths

$413,000

3 beds3 baths2,360 sq ft

295 Carriage Ct, Franklin, IN 46131

Property at 690 E Jefferson St, Franklin, IN 46131, 5 beds, 2 baths

$349,000

5 beds2 baths5,184 sq ft

690 E Jefferson St, Franklin, IN 46131

Property at 1694 Williamsburg Ln, Franklin, IN 46131, 3 beds, 2.5 baths

$339,000

3 beds2.5 baths2,066 sq ft

1694 Williamsburg Ln, Franklin, IN 46131

Property at 551 E Adams St, Franklin, IN 46131, 2 beds, 1 bath

$315,000

2 beds1 bath1,894 sq ft

551 E Adams St, Franklin, IN 46131

Property at 952 Borealis Dr, Franklin, IN 46131, 4 beds, 3 baths

$359,600

4 beds3 baths2,407 sq ft

952 Borealis Dr, Franklin, IN 46131

Property at 1545 Black Oak Ct, Franklin, IN 46131, 3 beds, 2 baths

$270,000

3 beds2 baths1,581 sq ft

1545 Black Oak Ct, Franklin, IN 46131

Property at 1719 Acorn Rd, Franklin, IN 46131, 3 beds, 2 baths

$260,000

3 beds2 baths1,652 sq ft

1719 Acorn Rd, Franklin, IN 46131

Property at 1079 Spring Meadow Ct, Franklin, IN 46131, 3 beds, 2 baths

$255,000

3 beds2 baths1,252 sq ft

1079 Spring Meadow Ct, Franklin, IN 46131

Property at 783 N Shore Blvd, Franklin, IN 46131, 4 beds, 3 baths

$389,900

4 beds3 baths3,250 sq ft

783 N Shore Blvd, Franklin, IN 46131

Property at 147 E King St, Franklin, IN 46131, 4 beds, 4 baths

$299,000

4 beds4 baths3,047 sq ft

147 E King St, Franklin, IN 46131

Property at 107 Weber Ct, Franklin, IN 46131, 3 beds, 2 baths

$254,900

3 beds2 baths1,337 sq ft

107 Weber Ct, Franklin, IN 46131

Property at 196 E Madison St Unit B, Franklin, IN 46131, 3 beds, 2 baths

$399,900

3 beds2 baths1,828 sq ft

196 E Madison St Unit B, Franklin, IN 46131

Property at 1145 Cobra Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$394,900

4 beds2.5 baths3,030 sq ft

1145 Cobra Dr, Franklin, IN 46131

Property at 1214 Harvest Ridge Cir, Franklin, IN 46131, 4 beds, 2.5 baths

$294,000

4 beds2.5 baths1,980 sq ft

1214 Harvest Ridge Cir, Franklin, IN 46131

Property at 275 E Madison St, Franklin, IN 46131, 4 beds, 4 baths

$399,899

4 beds4 baths2,280 sq ft

275 E Madison St, Franklin, IN 46131

Property at 1324 Niagara Ln, Franklin, IN 46131, 4 beds, 3 baths

$389,900

4 beds3 baths2,851 sq ft

1324 Niagara Ln, Franklin, IN 46131

Property at 2375 Bristol Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$228,000

4 beds2.5 baths1,663 sq ft

2375 Bristol Dr, Franklin, IN 46131

Property at 3151 E 150 S, Franklin, IN 46131, 3 beds, 2.5 baths

$353,500

3 beds2.5 baths2,332 sq ft

3151 E 150 S, Franklin, IN 46131

Property at 1029/1033 Wild Ivy Trl, Franklin, IN 46131, 4 beds, 2 baths

$350,000

4 beds2 baths2,140 sq ft

1029/1033 Wild Ivy Trl, Franklin, IN 46131

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Based on information submitted to the MLS GRID as of Thu Aug 20 2026. 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 46131

There are currently 132 cheap homes for sale in 46131 at a median listing price of $350K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 46131 stay on the market for 44 days and receive 1 offers. This map is refreshed with the newest listings in 46131 every 15 minutes.

In the past month, 58 homes have been sold in 46131. In addition to houses in 46131, there were also 2 condos, 1 townhouse, and 2 multi-family units for sale in 46131 last month. Find your dream home in 46131 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 46131 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46131. If you're looking to sell your home in the 46131 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46131 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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