Franklin Township Real Estate at a Glance
Franklin Township is the southeast corner of Marion County, part of Indianapolis but suburban in feel, about 20–30 minutes from downtown. Homes generally range from the $200s to the $400s, with larger homes and acreage higher, and the whole township is served by the Franklin Township Community School Corporation.
- Location
- Southeast Indianapolis, Marion County
- Typical home prices
- $200s – $400s+
- Schools
- Franklin Township Community Schools
- Drive to downtown Indy
- ~20–30 min
- Search listings
- Search homes in 46239 →
Franklin Township is the southeast corner of Marion County, with Perry Township to the west, Warren Township to the north and the Johnson County line to the south. It’s part of the City of Indianapolis but feels more like a suburb. The population has more than doubled in recent decades as new subdivisions filled in around old farm roads, while historic crossroads communities like Acton and Wanamaker keep a small-town flavor. Buyers come for newer homes, room to spread out and the Franklin Township Community School Corporation, all without leaving Marion County.
Living in Franklin Township
Franklin Township mixes suburban convenience with real green space. Southeastway Park, a 188-acre Indy Parks nature park near the I-74 Acton Road exit, has woods, prairies, a pond and Buck Creek. Franklin Township Community Park on Edgewood Avenue has nature trails, a pond and a playground. The township’s history runs deep: Acton grew up beside the railroad in the 1850s, and Wanamaker was laid out along the old Michigan Road, today’s Southeastern Avenue corridor. Newer grocery and retail development has followed the housing growth, so everyday errands stay close to home.
Franklin Township Home Prices & Real Estate Market
Franklin Township homes generally range from the $200s for established homes to the $400s for larger and newer two-stories, and bigger homes and acreage properties toward Acton reach higher. Most of the housing growth has come west of Franklin Road, where newer subdivisions dominate, while farther east family farms and larger lots keep a rural feel. That gives buyers real range: newer suburban homes, older homes near the historic town centers and country properties, all inside Marion County.
Schools in Franklin Township
The whole township is served by the Franklin Township Community School Corporation. Its single high school, Franklin Central High School, serves students from across the township, and the district’s reputation is a major reason families choose the southeast side. Elementary assignments depend on the address and can shift as the area grows, so confirm current school assignments with the district for any home you’re considering.
Commute from Franklin Township to Downtown Indianapolis
Franklin Township has interstate access on several sides: I-65 and I-465 to the west and north, and I-74 to the northeast. Southport Road and Franklin Road handle local traffic. Downtown Indianapolis is roughly 20 to 30 minutes away, depending on your starting point.
Work With a Franklin Township Real Estate Agent
Our Southport Road office is just west of Franklin Township, and our team helps buyers and sellers across the southeast side. Whether you want a newer two-story, a home near historic Acton or Wanamaker, or a property with room to roam, we bring local knowledge, full MIBOR MLS access and a proven marketing plan. Call our team at 317-997-7404 or start your search online.
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Frequently Asked Questions — Franklin Township
Is Franklin Township part of Indianapolis?
Yes. Franklin Township is within the consolidated City of Indianapolis, in the southeast corner of Marion County.
Which high school serves Franklin Township?
Franklin Central High School, the only high school in the Franklin Township Community School Corporation.
What do homes cost in Franklin Township?
Homes generally range from the $200s to the $400s, and larger homes and acreage near Acton run higher.
Are there parks in Franklin Township?
Yes. Southeastway Park (188 acres, near the I-74 Acton Road exit) and Franklin Township Community Park on Edgewood Avenue.
How do I search homes for sale in Franklin Township?
Use the Your Realty Link property search to browse active MIBOR MLS listings in and around Franklin Township, or call our team for a tailored search.
Selling a Home in Franklin Township?
Get a free, no-obligation home valuation from Your Realty Link and see what your Franklin Township home is worth in today’s market.