Franklin Land for Sale

Welcome to Franklin, Indiana – a charming township where small-town warmth meets modern convenience. Nestled just 20 miles south of Indianapolis, Franklin boasts a rich history, vibrant community, and a wealth of opportunities for those looking to plant roots or invest in land. With its picturesque tree-lined streets and beautifully maintained parks, Franklin offers a serene escape while keeping you connected to the bustling energy of the state capital.

Franklin is known for its friendly atmosphere and strong sense of community, making it an ideal place for families, retirees, and young professionals alike. The township is home to a variety of local shops, delightful eateries, and recreational facilities, ensuring that residents have everything they need right at their fingertips. The historic downtown area is particularly charming, featuring unique boutiques and a thriving arts scene that showcases local talent.

For those considering a new beginning or investment, there is an array of land for sale in Franklin. Whether you envision building your dream home, developing a commercial property, or simply acquiring a piece of this beautiful township, the available land options cater to diverse needs. With a growing population and a strong local economy, investing in Franklin's real estate is not just a choice; it's a smart decision for your future.

Explore the possibilities that await you in Franklin, Indiana. Embrace the tranquility of township living while enjoying the convenience of nearby urban amenities. Your dream property is just waiting to be discovered!

Newest Franklin Land for Sale

$319,900

202637051 MLS ⋅ Carrie Parrish

Discover the ultimate countryside retreat with this extraordinary 35.48-acre property situated along the scenic White River. This inviting land offers a perfect blend of lush green pastures, natural woodlands, and elevated potential building sites, providing an ideal canvas for your custom home or private getaway. Residents will enjoy opportunities for recreation, serene views of the surrounding landscape, and abundant opportunities to observe local wildlife, including potential for sightings of eagles soaring overhead. Offering a rare combination of privacy and peaceful living, this property maintains accessibility to local conveniences while providing a tranquil sanctuary for those who value nature and quiet outdoor living.

2436 Firecrest Ln, Freedom

Listing courtesy of Carrie Parrish from Carpenter, REALTORS-Bloomington. cell: 812-585-4792

$12,500

202636655 MLS ⋅ Kaden Khayyata

If you're looking for over half an acre of land in the city limits of Ridgeville, look no further! This 0.62 acre lot is conveniently located on State Road 28, making your commute to Muncie, Albany, Portland, Winchester, or any of the other surrounding towns a breeze.

503 S Walnut St, Ridgeville

Listing courtesy of Kaden Khayyata from Loy Real Estate.

$95,000

202636145 MLS ⋅ Samantha Carver

Looking for land to build your dream home? Check out this 8.71-acre parcel located off State Road 231 between Worthington and Spencer. Located in a rural subdivision just south of Freedom and only about 15 minutes from Spencer, you can enjoy country living while still being close to town. Utilities are available at the road. A well and septic will be needed, and city water is available. Spencer and Owen County have plenty to offer, including shopping on the square, the historic Tivoli Theater, McCormick’s Creek State Park, and more.

000 Critter Ln, Freedom

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

$895,000

202633551 MLS ⋅ Sally Jenks

1.5 acreage with frontage on Baldwin, Western & 8th St. Currently is sales site for sheds, gazebos, etc. 1/2 paved, 1/2 gravel. Zoned General Business. 2 buildings, office & 2 car garage.

835 S Baldwin Ave, Marion

Listing courtesy of Sally Jenks from RE/MAX Realty One. Main: 765-454-7300

$49,900

202631923 MLS ⋅ Heather Friedlund

Peaceful 1.09 acre country lot, mostly cleared and bordered by various types of mature arborvitae trees for added privacy. Enjoy the quiet setting and scenic views while also being less than 10 minutes from both Winamac and Bass Lake.

500 N 50 W, Winamac

Listing courtesy of Heather Friedlund from Blackrock Real Estate Services.

$237,350

202602461 MLS ⋅ Susan Neal

This 17.5A parcel offers an excellent opportunity for a future building site with the added benefit of open pasture and rural charm. Currently used as pasture, the property is entirely open, well fenced, and tiled, making it ideal for a variety of uses. With expansive views and beautiful sunrise and sunset potential, this setting provides the peace of the countryside while remaining conveniently located near SR 3, Highway 40, and I-70. The land could easily support a mini farm or homestead, offering ample space for cattle, horses, chickens, or other livestock, while still allowing room for a custom home, barn, or additional outbuildings. The open layout provides flexibility for residential and agricultural uses alike. Recent improvements include new field tile installed to improve drainage, repairs and additions to fencing, and new galvanized gates. Whether you are looking to build your dream home in a rural setting or establish a small-scale farming or homesteading operation, this property presents a rare and versatile opportunity with excellent access and strong long-term potential.

17A*** 17a S County Road 100 E, Lewisville

Listing courtesy of Susan Neal from RE/MAX First Integrity. Office: 765-529-2211

$42,000

202618107 MLS ⋅ Mary Anne Taylor

Rural building lots with the convenience of city amenities! City water, city sewer, natural gas, and electric are available at the road, making these lots ready for your building plans. With no HOA restrictions, you’ll enjoy added flexibility and freedom. Lots are approved for single-family homes or duplexes, offering great options for homeowners, builders, or investors. Located just minutes from popular Hamilto

TERRY LAKE ROAD Terry Lake Rd, Hamilton

Listing courtesy of Mary Anne Taylor from North Eastern Group Realty. Cell: 260-235-1421

$35,500

202618106 MLS ⋅ Mary Anne Taylor

Terry Lake Road Tract E ***, Hamilton

Listing courtesy of Mary Anne Taylor from North Eastern Group Realty. Cell: 260-235-1421

$50,000

202622514 MLS ⋅ Delmar Wagler

5.62± Wooded Acres w/ Potential Home Site or Cabin Area in Owen County, Indiana. There is an old trailer and an old garage on site, which both show the value of its homesite capabilities. With the trees all around you, this could make a really nice setting for a future cabin or home tucked back in the woods. Leave it as a simple hunting and camping spot, or clean it up and build something new – either way, it’s a great chance to own your own small slice of Indiana timber with electric already there.

2740 Straight Line Rd, Freedom

Listing courtesy of Delmar Wagler from Integrity Realty Group LLC. Office: 812-636-5600

$35,500

202618104 MLS ⋅ Mary Anne Taylor

TERRY LAKE ROAD Terry Lake Rd, Hamilton

Listing courtesy of Mary Anne Taylor from North Eastern Group Realty. Cell: 260-235-1421

$1,110,000

202602505 MLS ⋅ Susan Neal

Rare opportunity to own approximately 91 acres of versatile farmland with livestock infrastructure already in place. This well-established working cattle farm is thoughtfully laid out and ready for immediate use, featuring approximately 33 acres of tillable ground, 12 acres of mature woods, and expansive pastureland. Beyond its agricultural use, the property also offers strong investment appeal. Approximately 33 acres of tillable ground provide the opportunity for annual cash rent or crop-share income, while the wooded acreage and river frontage enhance recreational value with potential for hunting leases. With multiple potential building sites and a diverse mix of tillable ground, pasture, woods, and water features, the property presents an investment opportunity suitable for income generation, recreation, or future development. Conveniently located near SR 3, Highway 40, and I-70, this property offers easy access while maintaining a private rural setting. If you have livestock, you will truly appreciate the efficient layout, quality improvements, and turnkey setup. Recent improvements on the larger parcel in 2025 further enhance the value and functionality, including new woven wire fencing with dual hot wires, a new electric panel and wiring, a new loadout area and holding pens, all new galvanized gates, and installation of a new heated, double-sided fence line water fountain. The property includes a 40’ x 80’ hoop barn, an 86’ x 45’ older three-sided barn, a 10’ x 23’ shed, and an 82’ covered cement feed bunker. Livestock facilities are extensive and functional, including a 58’ x 12’ cattle holding pen, a 32’ x 11.5’ secondary holding pen, and three paddocks surrounding the barn, each with access to heated automatic waterers and a large covered feed bunk.

90A*** 90a S County Road 100 E, Lewisville

Listing courtesy of Susan Neal from RE/MAX First Integrity. Office: 765-529-2211

$35,500

202618105 MLS ⋅ Mary Anne Taylor

TERRY LAKE ROAD Terry Lake Rd, Hamilton

Listing courtesy of Mary Anne Taylor from North Eastern Group Realty. Cell: 260-235-1421

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.