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6,348 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 6,348 listings to decide from, what better time to consider buying a property.

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$459,900
Listed: Sep 01, 2014
Luxury townhome near historic Lockerbie area. The main level offers an open floor plan with gourmet kitchen, dining area and spacious lviing room; multiple french doors open to private side patio, rear balcony and New York St. The main level den/library...
2 Beds, 3 Bath Areas   2340 SqFt   
Liberty Real Estate, LLC.
$23,400
Listed: Sep 01, 2014
Excellent investment property ,currently tenant occupied at $540/month.
2 Beds, 1 Bath Areas   1968 SqFt   
Newkirk Realty
$174,900
Listed: Sep 01, 2014
Completely rehabbed 5-bedroom, 2.5 bath home with loft and basement. New kitchen cabinets, counter tops, stainless steel appliances, fresh paint, and new flooring throughout. New furnace, a/c, water heater and much more! Unfinished basement has rough-in f...
5 Beds, 3 Bath Areas   2764 SqFt   
Newkirk Realty
$154,500
Listed: Sep 01, 2014
Subdivision: Westridge Village
Pictures & Description Coming tonight...
4 Beds, 3 Bath Areas   2855 SqFt   
CENTURY 21 Scheetz
$123,738
Listed: Sep 01, 2014
Subdivision: Stone Crest
Wonderful 3BD/2BA home! Updates with kitchen w/breakfast bar and separate dining area. Formal living room w/bay window, plus family room w/vaulted ceiling. 4 skylights, multi-purpose room, and 2 master suites! Large patio w/electric awning. Paved drive/re...
3 Beds, 2 Bath Areas   1850 SqFt   
Kline Properties, Inc.
$299,999
Listed: Sep 01, 2014
Subdivision: Feather Cove
Lovingly remodeled/updated home in desirable Feather Cove I. Enter to new hardwood floors & neutral colors. Great room w/woodburning fireplace, adjoins screened porch. Kitchen w/island & granite counters, cozy breakfast room & walk in pantry. Beautiful ho...
4 Beds, 3 Bath Areas   3123 SqFt   
RE/MAX Legends Group
$34,900
Listed: Sep 01, 2014
This is a duplex with strong cash flow opportunity. Rent is established on 1701 E 43rd unit (south unit of duplex). Tenant's pay utilities. 4251 Ralston unit is purposely vacant to show and is comparable to other unit. Both units have unfinished partial ...
0 Beds, Bath Areas   532 SqFt   
CENTURY 21 Diversified Realty
$32,900
Listed: Sep 01, 2014
Subdivision: Bernhardt Heirs
INVESTOR SPECIAL! 20k of rehab done over the last two years by current owner, great buy for this tenant-occupied property at $625/month! Seller has 3 other properties also that can be purchased as a package deal with this one-- 115k for all 4, all tenant...
3 Beds, 1 Bath Areas   1628 SqFt   
Newkirk Realty
$14,997
Listed: Sep 01, 2014
Handyman special! This spacious 4 BR 2 BA home is the perfect fixer upper for investors looking to rent for cash flow or home owners looking for a great deal. Hardwood floors throughout. Could rent for $800/month.
4 Beds, 2 Bath Areas   1558 SqFt   
Peace of Mind Realty, LLC
$110,000
Listed: Sep 01, 2014
Terrific location for home or potential business. Walk to school, stores, or park. Some updates have been done. Laundry room also has 1/2 bath. Backyard is completely fenced in and perfect for the little ones to play or host your family cookouts.
3 Beds, 2 Bath Areas   1325 SqFt   
Prudential Indiana Realty Grp
$91,500
Listed: Sep 01, 2014
Subdivision: Guion Creek Woods
Rare three bedroom condo, with two levels and two and 1/2 baths plus two car garage with door opener, gas log fireplace and sun room. Maintenance free living in an area that is close to everything including downtown, the airport and many venues for fun ...
3 Beds, 3 Bath Areas   1777 SqFt   
Keller Williams Indy Metro W
$130,900
Listed: Sep 01, 2014
Subdivision: Clermont Lakes
Cute three bedroom ranch home in coveted Clermont Lakes Community. Large great room, eat in kitchen, cathedral ceilings, split bedroom floor plan, two full baths, wonderful, private screened porch overlooking the lake. Set in a serene setting with wild ...
3 Beds, 2 Bath Areas   1222 SqFt   
Keller Williams Indy Metro W

  • Page 1 of 529

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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Top Indianapolis Subdivisions

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