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6,308 Homes for sale in Indianapolis, Indiana

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Dozens of major attractions, a vibrant downtown scene and a dizzying number of things to do and see make Indianapolis a world-class city and an excellent place in which to own a home...

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Overview

Indianapolis is located in the heart of Central Indiana. It is the capital of Indiana and the county seat of Marion County. It is also the 12th largest city in the U.S.

Indianapolis, Indiana enjoys unrivaled economic and political influence throughout the state of Indiana. It's downtown area is unique compared to other major metro areas in that virtually everything there is do to and see is within walking distance. The city has a vibrant real estate market and is fortunate to have 2 major sports franchises in the Indiana Pacers and Indianapolis Colts.

History of Indianapolis

In 1821, the Indiana General Assembly founded Indianapolis as the state capital. Alexander Ralston was commissioned to design the new capital. The original plan called for Indianapolis to be only one square mile, and right in the center, he placed the Governor's Circle where the Governor's mansion was to be built. However, no governor ever lived in this mansion due to its lack of privacy as the center of the city. Therefore, the mansion was demolished and eventually the very recognizable Monument Circle was built as a tribute to veterans of the American Revolution. It is now the center of the city known as the "Crossroads of America."

Population of Indianapolis

As the 12th largest city in the United States, Indianapolis' population is in excess of 800,000 based on a 2010 U.S. census. In addition, the metropolitan area of Indianapolis has a population in excess of 1.5 million, making Indy the Midwest's third largest city.

Business & Economic Environment in IndianapolisIndianapolis is a business-oriented city with companies ranging in both scope and size. Accomplishments such as the Circle Centre Mall and Bankers Life Fieldhouse were the product of partnerships between the public and private sectors. In order to inspire growth in the region, area businesses and community leaders have dedicated substantial resources.

The Indianapolis Region, also known as Greater Indianapolis, is a nine-county area that surrounds the center and capital. These counties are Marion, Boone, Hamilton, Madison, Hancock, Shelby, Johnson, Morgan, and Hendricks. Indianapolis lives up to its title, "Crossroads of America." Indy is served by 13 interstate highways and 12 major airlines and one can reach 65% of the nation's population in a day's drive. This central location makes this region ideal for development and growth and enables companies to promptly reach their customers and suppliers.

Indy enjoys strengths in the service and retail sectors, as well as the manufacturing and distribution sectors. This economic diversity aids Indy in resisting the cyclical ups and downs of the market that many cities experience. In 2005, Site Selection ranked Indy sixth in the nation for top business climate and Entrepreneur Magazine ranked Indy the fifth best large city for entrepreneurs. Also, there are four major companies that are headquartered in Indy that Fortune has named among the 100 best companies to work for. For those companies wishing to relocate to Indy, there are two local organizations that can assist in this process.

Political Climate in Indianapolis

Indy has adopted a consolidated city-county government named Unigov. Therefore, many of the government services of Indy have been merged with Marion County's services. For example, Indianapolis' mayor is also the mayor of Marion County.

Culture in Indianapolis

Indianapolis has a rich cultural heritage. From Conner Prairie to the Indianapolis Motor Speedway to the Indianapolis Children's Museum, there is something enjoyable for everyone. The Indianapolis government has tried to emphasize this diverse culture by designating specific areas known as "Cultural Districts." These districts are Broad Ripple Village, The Canal & White River State Park, Fountain Square, Indiana Avenue, Massachusetts Avenue, Monument Circle, the War Memorial Plaza, and the Wholesale District.

Geography & Climate

The elevation of Indianapolis is 645 - 910 feet above sea level and an area of 361 square miles. The terrain is fairly flat with a few rolling hills. The climate is temperate because of the even precipitation distribution throughout the year. The winters are frigid due to the northern polar air with an average of 26 degrees Fahrenheit in January. The summers are warm with an average temperature of 75 degrees in July. Annually, the average temperature is 52.1 degrees with the average precipitation at 23 inches of snow and 40 inches of rain.

Indianapolis Real Estate

Indianapolis, Indiana is the perfect place in which to own a house. With 6,308 listings available for purchase, now is the perfect time to go for some of these great opportunities.

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$325,000
Listed: Oct 25, 2014
Subdivision: Askrendale
Two 12 unit apartment buildings, total of 24 2 bedrooms 1 bath units. See attachments for high cap rate! Complete this in 8 unit phases! Could pay for itself in 10 years! Close to Raytheon and bus lines! Needs rehab, no current tenants. Financing availabl...
0 Beds, Bath Areas   1600 SqFt   
Lee Smith Realty, LLC
$159,900
Listed: Oct 25, 2014
Subdivision: South Park
Bates Hendricks: If this neighborhood isn't on your radar, it should be. Just over a mile from Monument Circle, mature trees, engaged neighbors/ active neighborhood association. Home was gutted to the studs. Brand new everything. Custom kitchen w/ 42" upp...
3 Beds, 3 Bath Areas   1785 SqFt   
United Real Estate Indpls
$134,900
Listed: Oct 25, 2014
Subdivision: Benjamin Square
Fort Benjamin Harrison distinguished Benjamin Square subdivision. Lovely 4 Br 2.5 Ba home with 2 story ceiling and dramatic staircase. Home also has a cozy fireplace in Family area and a Patio for outdoor entertaining. State and Community Parks as well as...
4 Beds, 3 Bath Areas   1784 SqFt   
Brass Key Realty, Inc.
$180,000
Listed: Oct 25, 2014
Subdivision: Mayflower Meadows
Spectacular ranch with an amazing private location. Light, Bright, and Updated! Tucked away in a private cul-de-sac, this home is so special! Kitchen is updated w/ all stainless appliances! Master bedroom features a huge walk in closet. Bathrooms are bot...
3 Beds, 2 Bath Areas   1844 SqFt   
RE/MAX Ability Plus
$120,000
Listed: Oct 25, 2014
Subdivision: Shadow Pointe
PRICED FOR QUICK SALE!! Ceramic kitchen and backsplash *Vaulted ceilings *Huge great room for your big screen TV *Generous bedroom sizes *Nice closet space *Extra large master bedroom *Double sinks in master bath *Newly tilted shower/tub area *All new car...
3 Beds, 2 Bath Areas   1534 SqFt   
F.C. Tucker Company
$104,000
Listed: Oct 25, 2014
Subdivision: Autumn Creek
Take this opportunity to purchase a home and have some sweat equity. The lot is wide and gives you some elbow room for some private you time. The home has a great floor plan and the square footage is great.
3 Beds, 3 Bath Areas   1872 SqFt   
Indiana Central Homes
$199,900
Listed: Oct 25, 2014
Subdivision: Crystal Pointe
This is a must see on your list. Ready to move into 2 story. nothing to do here....just move in. There is lots of natural light to accentuate theThere is a jacuzzi tub. The basement is great for entertaining. The lot is big, the price is small.
4 Beds, 3 Bath Areas   2301 SqFt   
Indiana Central Homes
$90,000
Listed: Oct 24, 2014
Subdivision: Foxhill Terrace
Spacious all brick 3 bedroom home with new garage door, new furnace, new water heater, new carpet, fresh paint, and new dishwasher and range. Get ready to cozy up in front of the fireplace in the large family room. Huge eat in kitchen offers plenty of sto...
3 Beds, 2 Bath Areas   1572 SqFt   
American Wholesale Properties,
$35,000
Listed: Oct 24, 2014
Sporting a new "makeover" this charming 2 bedroom bungalow is ready for a new owner occupant or investor. Covered porch, basement and fenced yard add to it's appeal. Newly painted with neutral colors this charmer eagerly awaits a new owner!
2 Beds, 1 Bath Areas   1056 SqFt   
No Limit Real Estate, LLC
$100,000
Listed: Oct 24, 2014
Condo living at its best, this Condo has living room dinning room combo with a eat in kitchen. The kitchen features an extra Large Island breakfast bar & cabinets with sliders as well as the pantry for storage. Home has a lower level Family Room for your ...
2 Beds, 3 Bath Areas   1920 SqFt   
Sharp Realty LLC
$119,900
Listed: Oct 24, 2014
Subdivision: Northcroft
Property originally a 1 bedroom per side double. Attic converted to 3rd unit with full bath and kitchen or 4631 side could be utilized as a 2 bedroom, 2 bath, with loft/family room and full basement. I car detached separate garages with units 1 & 2. Home ...
0 Beds, Bath Areas   1786 SqFt   
CENTURY 21 Diversified Realty
$200,000
Listed: Oct 24, 2014
Subdivision: Brookston
4 Beds, 4 Bath Areas   2463 SqFt   
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  • Page 1 of 526

The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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