Explore Indianapolis, IN

Indianapolis, IN Neighborhood Guides

Explore the must-see luxury communities in Indianapolis, IN. Check each area and learn about the important real estate facts. If you need more information, contact me directly.

Overview

Luxury Homes for Sale in Indianapolis, IN

Indianapolis is the capital city of the state of Indiana, in the Midwestern region of the United States.

The name Indianapolis is derived from the name of the state of Indiana, which means “Land of the Indians” or simply “Indian Land,” and polis, the Greek word for “city.” Indianapolis is the largest city of the state, with 200 farms, totaling thousands of acres of agricultural property. Equestrian farms and maize and soybean fields are mixed with suburban development. This area has a lot to offer, making new homes for sale in Indianapolis a desirable place to live in. The city is also known for its strong basketball culture and auto racing sports. In addition, Indianapolis is home to several museums and vibrant cultural backgrounds, with many theaters, art galleries, and restaurants. 

AMATEUR SPORTS CAPITAL: Indianapolis has earned the nickname “Amateur Sports Capital of the World” due to its abundance of sports facilities and for hosting major sporting events. It is home to the National Collegiate Athletic Association (N.C.A.A.) and the National Federation of State High School Associations. The city has invested heavily in its sports infrastructures, serving as venues for significant events that sports lovers and supporters will love.

EMERGING FOOD SCENE: Indianapolis has recently developed a reputation as an emerging food destination with a diverse and growing culinary scene. It has various dining options, from upscale restaurants to food trucks and farm-to-table eateries. Distinctive local dishes include the pork tenderloin sandwich. Another local favorite is sugar cream pie, often served at holiday gatherings. The beef Manhattan is another popular dish invented in Indianapolis and can be found on menus throughout the city and region. Living in the area promises an exciting food adventure you won’t find anywhere else.

CENTERS FOR INDIANA HISTORY: Indianapolis has several institutions dedicated to preserving and showcasing the state’s history. The Indianapolis Museum of Art is a prominent collection featuring works from all over the world, a sculpture park, and gardens. The Indiana Historical Society is a nonprofit organization that gathers, preserves, and shares the state’s heritage through exhibits, events, and publications. You can also visit Indiana State Museum and discover its cultural legacy and science. These institutions provide valuable resources for locals and visitors interested in learning more about Indiana’s good old days and traditions.

Market Overview

Indianapolis, IN Real Estate Information

Median Listing Price

$232,000

Median Price Per Sq Ft

$130

Average Days on Market

33

Median Price of Sold Homes

$215,000

Home Ownership Percentage

54%

Median Rent

$1,145

Homes in Indianapolis, IN

10 Real Estate Facts About New Homes for Sale in Indianapolis, IN

  • Some notable neighborhoods within the city are Admirals Sound, Crystal Pointe, and Feather Cove.
  • The homes for sale in Indianapolis, IN, are a collection of single and multi-family homes for sale in Indianapolis, townhouses, and condominiums.
  • From $120,000 to $875,000, a wide variety of new homes for sale in Indianapolis are available.
  • Properties offer livable interiors from 500 to 5,400 square feet.
  • These starter homes sit on lots ranging from 0.08 to 0.26 acres.
  • Homebuyers searching for more high-end residences will find prices from $925,000 to over $8 million.
  • The total living space of luxury homes can be anywhere from 2,400 to 30,000+ square feet.
  • Lot sizes are more expansive, measuring from 0.05 to 0.71 acres.
  • Properties in the area typically include two to six bedrooms.
  • The city also encompasses homes equipped with at least three- to six-bathroom configurations.
On the map

Indianapolis, IN Neighborhoods Map

In its vicinity are the counties of Boone to the northwest, Hamilton to the north, and Hancock to the east. I-65, I-69, I-70, and I-74 are the four primary Interstate Highways that cross through the city.

a drawn out map of Indianapolis, IN
Credit: Photo by Crissi Matthews | Source
Indianapolis Map

Indianapolis, IN Interactive Map

Click on any neighborhood for a brief introduction.

Take the next step

Ready to take the next step?

Over the past 11 years, I’ve become a self-proclaimed real estate junkie who lives and breathes all things property related. I’ve spent these years focusing on familiarizing myself with every fact of real estate. Within the realm of the property world, I’ve flipped, wholesaled, lease optioned, and acquired a small portfolio of my own rentals. I am a progressive and forward-thinking Realtor with my approach to home sales, home buying, leasing, and new construction. My creativity and persistence benefit you as my client and I will utilize all of my skills to facilitate your transaction effectively and efficiently. I can be trusted to identify the best deal for you and your family. When you enlist me as your agent, you’ll directly benefit from the experience and expertise I will put to work for you.

Meet the locals

Who Lives in Indianapolis, IN

Population

907,802

Median Age

34.2

Median Household Income

$68,367

Households

342,825

Household size

2.49

Cost of living

84.9

Entertainment

Things to Do in Indianapolis, IN

The Children's Museum of Indianapolis

A world-renowned museum offering a fun and educational experience for kids and adults alike, with interactive exhibits, science experiments, and art displays

Indianapolis Motor Speedway

A historic race track that hosts the Indy 500, one of the motorsports' most prestigious and exciting events.

White River State Park

A beautiful urban spot for outdoor activities and attractions, including walking and biking trails, a canal for paddle boating, museums, and a concert venue.

Indianapolis Zoo

Visitors can see a range of animals, from majestic elephants to playful penguins, and even take part in behind-the-scenes tours and animal encounters.

Education

Schools in Indianapolis, IN

Around Indianapolis, IN

Featured Neighborhoods in Indianapolis, IN