The lowest-priced of the five Franklin Township neighborhoods in this series, on homes built in the 1970s and early 1980s. Here is what homes sell for, how long they take, and what to check first.
Start with the map. Filter by price, beds, and neighborhood.
Arlington Acres is in Franklin Township, in the Franklin Township Community School Corporation per MLS records. The homes that sold here in the last two years were mostly built between 1974 and 1984, a mix of one-story and two-story homes.
The MLS shows 22 closings in the last 12 months against 22 the year before, at a median of $214,000, down from $217,500. Homes went under contract in a median of 27 days, up from 22, and closed at 98.5% of list on average, with 45% closing at or above list.
What you are actually buying: a smaller house, usually around 1,276 square feet and more than 40 years old. What you are giving up: extra space. The median home here is about 1,276 square feet, so measure the rooms against how you live.
Every search below is live MLS data. Save one and you'll get new matches by email the morning they list.
Dues, size range and a thin sample.
Association dues are not part of the MLS data behind this page, so I am not quoting a number. Ask the listing agent for the current dues and what they cover, then confirm with the association itself.
See homes →Homes here ran from about 963 to 1,780 square feet in the last two years, so a price per square foot of $158 is a better comparison than the sale price alone.
See homes →Homes here were built between about 1974 and 1984, so check the year built of any comparable you rely on.
See homes →At 22 sales in 12 months, one or two unusual closings can move the median. I pull actual comparables for any specific house.
See homes →Arlington Acres sales in the MLS list Franklin Township Community School Corporation as the district. Which elementary, middle and high school an address feeds into can change with boundary updates, so confirm the assignment for the specific address with the district.
Franklin Township schools have no voter-approved referendum. General-fund referendums failed in 2009 (twice) and 2011, and in May 2022 a $98.4 million capital referendum, about 21 cents per $100 of assessed value over 22 years, failed with 62% voting no. I found no Franklin Township question on the November 3, 2026 ballot.
Drive your actual commute at your actual start time before you commit.
Indiana caps homestead property tax at 1% of gross assessed value under the circuit breaker, so most owner-occupants land at or near that figure before any voter-approved referendum rate, which sits outside the cap. Rentals and second homes are capped at 2% and should be modeled separately. Marion County's local income tax is 2.02%, per the Indiana Department of Revenue's county rate notice effective October 1, 2026. Confirm assessments with the Marion County Assessor.
If you want a larger house, compare Chessington Grove, where the median home was about 2,360 square feet. If you want a newer house, see Village at New Bethel. For all of Franklin Township, see my Franklin Township guide.
The median single-family sale in Arlington Acres was $214,000 over the 12 months through August 2026, on 22 closings, and the middle 80% of sales ran $184,470 to $247,200 (MIBOR BLC).
The median was 27 days on market over the last 12 months, against 22 the year before, and 45% of homes closed at or above list price.
Dues are not part of the MLS data behind this page. Ask the listing agent and confirm with the association.
Franklin Township Community School Corporation in MLS records. Confirm the specific school assignment for the address with the district.
Most homes that sold in the last two years were built between 1974 and 1984, with a median build year of 1978.
Franklin Township schools have no voter-approved referendum. General-fund referendums failed in 2009 (twice) and 2011, and in May 2022 a $98.4 million capital referendum, about 21 cents per $100 of assessed value over 22 years, failed with 62% voting no. I found no Franklin Township question on the November 3, 2026 ballot.
I'm Wes Johnston, a Realtor with Trueblood Real Estate, based in Fishers. I cover the whole Indianapolis metro, and every guide on this site is built the same way: MIBOR numbers, public sources, and the trade-offs a listing description won't mention.
My job isn't to open doors. It's to tell you what a house is actually worth, what's wrong with it, and whether it's the right move for what you're trying to do — then negotiate hard on your behalf and own the process from contract to close.
If you're two years out, that's fine. Most of my best clients started with a question, not a showing.
Fishers-based. Honest numbers, every part of the metro. Committed to your success.
About 22 homes sold here in the last year. A saved search gets you each new Arlington Acres listing the morning it hits the market.
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