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Shaker Meadows

A New Community by Arbor Homes

Now Selling
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Franklin, OH, 45005

* Limited Information Available
  • 3 - 5 Bed Beds
  • 2.0 - 2.5 Bath Baths
  • 1,228 - 3,198 Sq Ft.
  • Single Family Homes Type
  • School

Check out this new home community in Franklin,OH found on NewHomesDirectory.com - Shaker Meadows by Arbor Homes.

Shaker Meadows, a new home community in Franklin, Ohio, offers modern single-family homes starting in the mid-$200s. The community features 118 spacious homesites, aiming to provide both a welcoming neighborhood atmosphere and individual privacy.

Conveniently located off I-75, Shaker Meadows facilitates an easy commute to both Dayton and Cincinnati, appealing to professionals, growing families, and those seeking connectivity without a large-city environment.

Franklin, Ohio, offers a charming small-town experience with modern amenities and a strong community focus. Residents benefit from a central location with quick access to I-75. The highly-regarded Franklin City School District serves the area, with its schools showing an average testing ranking in the top 50% of Ohio public schools, and a graduation rate of 96%.

The city boasts scenic outdoor recreation, including the Great Miami River Recreation Trail, which offers opportunities for biking, walking, and running. Historic attractions such as the Franklin Area Historical Society and the Old Log Post Office, built in 1802 and considered the oldest post office in Ohio, add to the town's character. Franklin's growing downtown area features murals, local shops, and seasonal community events. Additionally, various parks and green spaces provide venues for family activities and social gatherings.

Area Map

 

New home Buyer Tool Box

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What is my step?

Not sure where to start in buying a new home? Use these easy tools and helpful tips to guide you along your journey to home ownership.

Mortgage Calculator

To see your estimated mortgage payments, edit your purchase details into the tool below, and select “Update and Close.

Estimated Monthly Mortgage Calculator

 

About Mortgages

Most homebuyers don’t pay for a home in full upfront. Instead, they work with a lender to get a mortgage — a loan used to buy a home. A mortgage allows you to borrow money and pay it back over time through monthly payments. If the loan payments are not made, the lender can take ownership of the home. Your mortgage has two main parts:

  • Principal: The amount of money you borrow
  • Interest Rate: The cost of borrowing that money

Your monthly mortgage payment usually includes:

  • Principal
  • Interest
  • Property taxes
  • Homeowner’s insurance
  • Mortgage insurance (if required)

Want to estimate your monthly payment? Use our mortgage calculator by entering your loan amount, interest rate, and loan term.

Affordability Calculator

Enter your household income, down payment, monthly expenses, and interest rate to estimate how much home you may be able to afford.

How Much Can I Afford?

Our affordability calculator helps you estimate how much home you may be able to afford based on your financial situation. Knowing your budget is one of the first and most important steps in the home-buying process. While a lender can prequalify you for a mortgage, this calculator gives you a general estimate to help you start planning.

To get started, enter:

  • Your down payment
  • Your gross monthly income
  • Your regular monthly expenses
  • Your loan term (15, 20, or 30 years)

Based on the information you provide, the calculator will estimate a home price range that may fit your budget.
Keep in mind that these estimates are only a guide. Other factors — like credit score, taxes, insurance, and lifestyle expenses — can also affect how much home you can comfortably afford.
Once you have an estimated budget, you can begin exploring homes within your price range.

Monthly-Top Agent Performance prosper,TX

Nearby Schools

Shaker Meadows Demographics

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