Franklin FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Franklin, Indiana.

Featured Foreclosure Listings in Franklin, IN

Franklin Home Foreclosure Listing ID: 2166495

Foreclosure

Franklin, IN - 46131

3 Bd | 1 Ba | $51,500.00

Franklin Home Foreclosure Listing ID: 2078276

Foreclosure

Franklin, IN - 46131

2 Bd | 1 Ba | $56,900.00

Franklin Home Foreclosure Listing ID: 2062729

Foreclosure

Franklin, IN - 46131

3 Bd | 2 Ba | $73,000.00

Franklin Home Foreclosure Listing ID: 2166455

Foreclosure

Franklin, IN - 46131

3 Bd | 2 Ba | $88,000.00

Franklin Home Foreclosure Listing ID: 2166490

Foreclosure

Franklin, IN - 46131

3 Bd | 3 Ba | $112,900.00

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
WOODFIELD DR Franklin IN 46131 Foreclosures 3 3 $112,900.00 Details
2
32 Photos
WATERWAY DR Franklin IN 46131 Foreclosures 4 2.1 $115,000.00 Details
3
8 Photos
WALNUT ST Franklin IN 46131 Foreclosures 3 2 $73,000.00 Details
4
11 Photos
ACORN BLVD Franklin IN 46131 Foreclosures 2 2 $65,000.00 Details
5
5 Photos
W STATE ROAD 44 Franklin IN 46131 Foreclosures 3 2 $88,000.00 Details
6
1 Photo
CHURCHILL RD Franklin IN 46131 Foreclosures 3 1 $19,900.00 Details
7
7 Photos
GLENDALE DR Franklin IN 46131 Foreclosures 3 1 $51,500.00 Details
8
8 Photos
LYNHURST ST Franklin IN 46131 Foreclosures 2 1 $56,900.00 Details
9
6 Photos
WOODFIELD BLVD Franklin IN 46131 Foreclosures 3 2 - Details
10
2 Photos
YANDES ST Franklin IN 46131 Foreclosures 3 2 - Details
11
2 Photos
N MAIN ST Franklin IN 46131 Auctions - - - Details
12
16 Photos
MEADOW GLEN BLVD Franklin IN 46131 Foreclosures 3 2.5 $117,900.00 Details
13
8 Photos
WILLOW CT Franklin IN 46131 Foreclosures 3 2.5 $95,000.00 Details
14
16 Photos
YOUNG ST Franklin IN 46131 Foreclosures 4 1.1 $78,850.00 Details
15
8 Photos
BRIDLEWOOD DR Franklin IN 46131 Foreclosures 3 2.1 $90,250.00 Details
16
10 Photos
LINCOLN CT Franklin IN 46131 Foreclosures 3 2 $40,000.00 Details
17
6 Photos
PAMELA CT Franklin IN 46131 Foreclosures 3 5 $137,900.00 Details
18
1 Photo
S VAUGHT ST Franklin IN 46131 Foreclosures 3 2 $31,900.00 Details
19 -
0 Photo
MARTIN PL Franklin IN 46131 Foreclosures 7 4 - Details
20 -
0 Photo
COBRA DR Franklin IN 46131 Foreclosures - - - Details
About our Listings

How to Buy Franklin Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Franklin, IN starts with finding listings. By browsing Franklin foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Franklin, IN.

>> See more info about how to Buy foreclosures

How to Invest in Franklin Foreclosures

How to invest foreclosure

Franklin foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Franklin real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Franklin foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Franklin foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Franklin

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Franklin will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Franklin, IN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Franklin apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Indiana Foreclosure Laws

Foreclosure law

In the state of Indiana, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Indiana are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Indiana REO properties.

Franklin Banks Foreclosures

Bank Foreclosure

Franklin bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Franklin, IN are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Franklin bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Franklin Indiana to be similar to buying from an agent. Check our Franklin bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Franklin Government Foreclosures

Government Foreclosure

Franklin Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Franklin IN are another popular type of foreclosure, as are VA foreclosures in Franklin, which are available from the Veterans Affairs Department for especially great deals. Check our Franklin government foreclosure listings.

>> See more info about govermment foreclosures

Franklin Pre-Foreclosures

Foreclosure

PreForeclosures in Franklin are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Franklin Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Franklin Foreclosure Auctions

Foreclosure Auction

Most Franklin foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Franklin, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Franklin, IN. We offer a comprehensive Franklin foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Franklin, Indiana

Find Home Foreclosure Listings in Franklin, IN

Franklin foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Franklin, IN and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Franklin Indiana, best affordable foreclosure condo in Franklin, cheap apartments for sale, bargain foreclosed homes for sale in Franklin, IN and earn huge savings on the homes YOU want to buy!

Our Franklin Foreclosure Lists

You can find Franklin foreclosure homes for sale which you can buy for living or investment. Simply click through our Franklin foreclosure home listings to find government foreclosures and bank owned homes in Franklin area. If you're searching for a deep discount or low prices on real estate then searching our Franklin foreclosure lists for homes foreclosure for sale or short sale listing in Franklin is your answer. Our up-to-date Franklin short sale listings provide the latest investing opportunities on affordable Franklin bank owned property listings, government pre foreclosure lists, Franklin banrkuptcy homes and Franklin HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Franklin, you should have little trouble finding the cheapest deal on a foreclosed home in Franklin, Indiana.

You can also search Edinburgh foreclosure listings and Greenwood foreclosure listings for more properties in the neighboring area.



Franklin, IN

As of 2011, Franklin's population is 24,425 people. Since 2000, it has had a population growth of 25. 44 percent. The median home cost in Franklin is $125,000. Home appreciation the last year has been -1. 42 percent. Compared to the rest of the country, Franklin's cost of living is 9. 90% Lower than the U. S. average. Franklin public schools spend $4,144 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 5 students per teacher in Franklin. The unemployment rate in Franklin is 7. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Franklin jobs have Decreased by 0. 95 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplefranklin, inUS
Population24,425307,829,557
Pop Density2,11987
Pop Change25.44%9.34%
Median Age34.536.6
Households8,720116,329,167
Household Size2.522.58
Male Population48.01%49.31%
Female Population51.99%50.69%
Married Population45.94%47.15%
Single Population54.06%52.85%
Estimated Households By Household Incomefranklin, inUS
Income Less Than 15k9.00%12.10%
Income Between 15k And 25k10.81%10.18%
Income Between 25k And 35k10.73%10.56%
Income Between 35k And 50k15.50%14.98%
Income Between 50k And 75k24.42%19.53%
Income Between 75k And 100k15.44%12.52%
Income Between 100k And 150k11.35%12.14%
Income Between 150k And 250k1.72%3.91%
Income Between 250k And 500k0.94%3.34%
Income Greater Than 500k0.08%0.75%
Economyfranklin, inUS
Unemployment Rate7.40%9.10%
Recent Job Growth-0.95%-0.12%
Future Job Growth30.70%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income Per Cap$23,177$27,067
Household Income$54,263$52,954
Housingfranklin, inUS
Median Home Age1935.1
Median Home Cost$125,000$175,100
Home Appreciation-1.42%-3.15%
Homes Owned63.03%59.90%
Housing Vacant8.08%10.37%
Homes Rented28.89%29.73%
Property Tax Rate$9.20$11.20
Owner Occupied Housing Units By Valuefranklin, inUS
Less Than 20k5.61%2.65%
20k To 399995.53%3.76%
40k To 599992.34%4.99%
60k To 799995.28%6.01%
80k To 9999918.13%7.27%
100k To 14999938.11%19.24%
150k To 19999914.97%14.67%
200k To 2999999.39%18.09%
300k To 3999990.57%9.14%
400k To 4999990.07%4.94%
500k To 7499990.02%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationfranklin, inUS
School Expend$4,144$5,678
Pupil Teacher Ratio19.514.9
Students Per Librarian491803
Students Per Counselor491513
2 Yr College Grad5.92%7.47%
4 Yr College Grad12.87%17.42%
Graduate Degrees8.41%10.12%
High School Grads86.24%84.72%
Crimefranklin, inUS
Violent Crime54
Property Crime74
Housing Units By Year Structure Builtfranklin, inUS
1999 To 200524.69%13.71%
1995 To 199813.71%8.54%
1990 To 199413.98%5.77%
1980 To 19895.99%13.87%
1970 To 19795.95%16.17%
1960 To 19699.50%11.70%
1950 To 19596.43%11.08%
1940 To 19493.23%6.02%
1939 Or Earlier16.51%13.15%

Table Information