Cheap homes for sale & real estate in 46131, IN

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ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Tucked away at 2073 S US 31, Franklin, IN, this fixer-upper is just waiting for you to create your own look and make some new memories. The covered front porch is a perfect spot to kick back, relax, and soak up the serene water view while sipping your morning coffee or enjoying an evening cocktail. This one story residence has 1140 square feet of living space featuring 3 bedrooms, 1 full bath, and living room with fireplace. The generous 2.61 acre lot provides plenty of room to enjoy the great outdoors.

$174,000

3 beds1 bath1,140 sq ft

2073 S Us Highway 31, Franklin, IN 46131

Covered front porch • Serene water view • 0.43 acre lot

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Worry Free 3-bedroom, 2-bath home in Franklin Lakes neighborhood with new Everything! Luxury Vinyl Plank Flooring-brand new! Updated kitchen & bathrooms! New light fixtures! New stainless steel appliances! New hardware on doors and cabinets! New HVAC! New Water Heater! New Washer & Dryer! New Garage Door, Rails, Springs & Opener! Fresh paint! Roof only 3 years old! Windows only 5 years old! New Landscaping! Move in Ready - Your family will be set for years to come!!

$275,000

3 beds2 baths1,212 sq ft

772 Franklin Lakes Blvd, Franklin, IN 46131

Updated bathrooms • Updated kitchen • New light fixtures

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
This charming single-story home includes an easily accessible open layout among the kitchen, dining area and Great Room - perfect for hosting guests. The luxe owner's suite with a full-sized bathroom is situated nearby, tucked to the back of the home for increased privacy, while two additional bedrooms sit near the foyer. Completing the home is a convenient garage for versatile storage room.

$356,690

3 beds2 baths1,673 sq ft

3643 Hanford Rd, Franklin, IN 46131

Full-sized bathroom • Convenient garage • Open layout

Listing provided by Zillow

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
Charming 2-Bedroom Traditional Home Just Minutes from Downtown! Welcome to this beautifully renovated 2-bedroom - 1 bath traditional home nestled in a quiet, established neighborhood just a 10-minute walk from downtown shopping and dining. Thoughtfully updated just three years ago, this home seamlessly blends modern comforts with classic charm. Step inside to find a warm and inviting layout featuring some of the original hardwood floors, preserving the character of the home. The spacious primary bedroom is conveniently located on the main level, offering comfort and privacy. Upstairs, a versatile bonus room provides the perfect space for a home office, playroom, or guest retreat. The ext

$174,900

3 beds1 bath1,530 sq ft

351 Cincinnati St, Franklin, IN 46131

Move-in-ready • Cement board siding • Versatile bonus room

ABOUT THIS HOME
Cheap Home for sale in 46131, IN:
* * * Original owner on a large corner lot with big side yard, 16X21 stamped concrete patio, decorative 9x10 storage shed & huge Shagbark Hickory tree on neighbor's property which provides shade for those hot summer days! * * * Only 8 years old * Large inviting entry leads to great room with cathedral ceiling, ceiling fan/light fixture, built-in shelving & plant ledge too! * Large eat-kitchen with cherry colored cabinets, stainless steel sink, smooth top electric range with microwave hood above, side-by-side refrigerator with ice and water dispenser & pantry * Sliding glass door in kitchen leads to large stamped concrete patio * Kitchen opens up to forma

$265,000

3 beds2 baths1,370 sq ft

1213 Greenbriar Way, Franklin, IN 46131

Big side yard • Large corner lot • Cathedral ceiling

Property at 1195 S Aberdeen Dr, Franklin, IN 46131, 5 beds, 2.5 baths

$329,900

5 beds2.5 baths2,960 sq ft

1195 S Aberdeen Dr, Franklin, IN 46131

Property at 4128 William Ave, Franklin, IN 46131, 3 beds, 2 baths

$250,000

3 beds2 baths1,304 sq ft

4128 William Ave, Franklin, IN 46131

Property at 2485 Bristol Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$297,900

4 beds2.5 baths3,746 sq ft

2485 Bristol Dr, Franklin, IN 46131

Property at 3785 Jason Ave, Franklin, IN 46131, 5 beds, 3 baths

$375,130

5 beds3 baths2,547 sq ft

3785 Jason Ave, Franklin, IN 46131

Property at 1134 Spring Meadow Ct, Franklin, IN 46131, 3 beds, 2.5 baths

$284,900

3 beds2.5 baths2,168 sq ft

1134 Spring Meadow Ct, Franklin, IN 46131

Property at 2388 Cedarmill Dr, Franklin, IN 46131, 3 beds, 2.5 baths

$309,800

3 beds2.5 baths3,065 sq ft

2388 Cedarmill Dr, Franklin, IN 46131

Property at 3771 Jason Ave, Franklin, IN 46131, 5 beds, 3.5 baths

$399,995

5 beds3.5 baths3,054 sq ft

3771 Jason Ave, Franklin, IN 46131

Property at 785 Shoreline Ct, Franklin, IN 46131, 4 beds, 2.5 baths

$325,000

4 beds2.5 baths2,224 sq ft

785 Shoreline Ct, Franklin, IN 46131

Property at 3732 Jason Ave, Franklin, IN 46131, 5 beds, 3.5 baths

$429,980

5 beds3.5 baths3,140 sq ft

3732 Jason Ave, Franklin, IN 46131

Property at 1118 Fairmount Dr, Franklin, IN 46131, 4 beds, 2 baths

$340,800

4 beds2 baths1,771 sq ft

1118 Fairmount Dr, Franklin, IN 46131

Property at 3718 Jason Ave, Franklin, IN 46131, 5 beds, 3 baths

$399,235

5 beds3 baths2,578 sq ft

3718 Jason Ave, Franklin, IN 46131

Property at 3820 Jason Ave, Franklin, IN 46131, 5 beds, 3 baths

$403,280

5 beds3 baths2,856 sq ft

3820 Jason Ave, Franklin, IN 46131

Property at 1338 Swan Dr, Franklin, IN 46131, 2 beds, 1.5 baths

$210,000

2 beds1.5 baths1,126 sq ft

1338 Swan Dr, Franklin, IN 46131

Property at 991 Ravine Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$309,900

4 beds2.5 baths2,470 sq ft

991 Ravine Dr, Franklin, IN 46131

Property at 3715 Jason Ave, Franklin, IN 46131, 5 beds, 3 baths

$374,995

5 beds3 baths2,578 sq ft

3715 Jason Ave, Franklin, IN 46131

Property at 601 Duane St, Franklin, IN 46131, 3 beds, 2.5 baths

$269,000

3 beds2.5 baths1,548 sq ft

601 Duane St, Franklin, IN 46131

Property at 4195 Knollwood Ct, Franklin, IN 46131, 3 beds, 2 baths

$244,900

3 beds2 baths1,132 sq ft

4195 Knollwood Ct, Franklin, IN 46131

Property at The Fayette Plan, Franklin, IN 46131, 3 beds, 2 baths

$379,900

3 beds2 baths1,741 sq ft

The Fayette Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 907 Ram Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$340,000

4 beds2.5 baths2,353 sq ft

907 Ram Dr, Franklin, IN 46131

Property at 2719 Muirfield St, Franklin, IN 46131, 4 beds, 2 baths

$325,900

4 beds2 baths1,771 sq ft

2719 Muirfield St, Franklin, IN 46131

Listing provided by Zillow

Property at Juniper Plan, Franklin, IN 46131, 3 beds, 2.5 baths

$273,995

3 beds2.5 baths1,760 sq ft

Juniper Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 3845 Jason Ave, Franklin, IN 46131, 5 beds, 3.5 baths

$419,280

5 beds3.5 baths3,199 sq ft

3845 Jason Ave, Franklin, IN 46131

Property at 3821 Jason Ave, Franklin, IN 46131, 5 beds, 3 baths

$359,995

5 beds3 baths2,427 sq ft

3821 Jason Ave, Franklin, IN 46131

Property at 2458 Bristol Dr, Franklin, IN 46131, 4 beds, 2.5 baths

$314,900

4 beds2.5 baths2,322 sq ft

2458 Bristol Dr, Franklin, IN 46131

Property at Harmony Plan, Franklin, IN 46131, 3 beds, 2 baths

$299,900

3 beds2 baths1,503 sq ft

Harmony Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Jasper Plan, Franklin, IN 46131, 5 beds, 3 baths

$399,995

5 beds3 baths2,578 sq ft

Jasper Plan, Franklin, IN 46131

Listing provided by Zillow

Property at The Wabash Plan, Franklin, IN 46131, 3 beds, 2 baths

$399,900

3 beds2 baths1,984 sq ft

The Wabash Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 2292 Hampton Dr, Franklin, IN 46131, 3 beds, 2.5 baths

$329,900

3 beds2.5 baths3,065 sq ft

2292 Hampton Dr, Franklin, IN 46131

Property at Bradford Plan, Franklin, IN 46131, 3 beds, 2 baths

$269,995

3 beds2 baths1,613 sq ft

Bradford Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Aspen II Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$293,995

4 beds2.5 baths2,176 sq ft

Aspen II Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Cooper Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$320,995

4 beds2.5 baths2,813 sq ft

Cooper Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Ironwood Plan, Franklin, IN 46131, 3 beds, 2.5 baths

$283,995

3 beds2.5 baths1,963 sq ft

Ironwood Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Wentworth Plan, Franklin, IN 46131, 6 beds, 3.5 baths

$429,995

6 beds3.5 baths3,300 sq ft

Wentworth Plan, Franklin, IN 46131

Listing provided by Zillow

Property at 2743 Muirfield St, Franklin, IN 46131, 4 beds, 2 baths

$329,900

4 beds2 baths1,771 sq ft

2743 Muirfield St, Franklin, IN 46131

Listing provided by Zillow

Property at Dayton Plan, Franklin, IN 46131, 5 beds, 3.5 baths

$444,900

5 beds3.5 baths3,388 sq ft

Dayton Plan, Franklin, IN 46131

Listing provided by Zillow

Property at Bellamy Plan, Franklin, IN 46131, 4 beds, 2.5 baths

$329,900

4 beds2.5 baths2,053 sq ft

Bellamy Plan, Franklin, IN 46131

Listing provided by Zillow

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Based on information submitted to the MLS GRID as of Fri Nov 28 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 46131

There are currently 151 cheap homes for sale in 46131 at a median listing price of $320K. 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 57 days and receive 1 offers. This map is refreshed with the newest listings in 46131 every 15 minutes.

In the past month, 46 homes have been sold in 46131. In addition to houses in 46131, there were also 11 condos, 1 townhouse, and 1 multi-family unit 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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