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Homes for sale in Indianapolis, Indiana
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...
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 0 listings just waiting to be seen, this is a good time to pursue some of these great opportunities.