Frankton is a town in Pipe Creek and Lafayette townships, Madison County, Indiana, United States.

According to the U.S. Census Bureau, Frankton has a total area of 1.06 square miles (2.75 km2), all of it recorded as land.

[1] Pipe Creek crosses the northern part of the town, flowing southwest toward the White River at Perkinsville.

There were 808 housing units at an average density of 769.5 per square mile (297.1/km2).

24.2% of all households were made up of individuals, and 10.2% had someone living alone who was 65 years of age or older.

22.2% of all households were made up of individuals, and 9.2% had someone living alone who was 65 years of age or older.

[10] The annual Heritage Days Festival, held each year in the fall since 1975, is one way in which the town tries to promote a sense of community.

The festival includes a car show, arts, crafts, games, live entertainment and more.