How big are the homes in Indianapolis?

The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.

Frequently Asked Questions

Are house prices dropping in Indianapolis?

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Indianapolis at this time?

The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.

What is the most popular place to buy a house in Indianapolis?

The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Indianapolis?

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Indianapolis being sold?

Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Indianapolis?

The last home listed in Indianapolis was 796 minutes ago.

Can you visit houses in Indianapolis?

Currently, there are 49 open houses available for viewing in Indianapolis.

What is the most expensive house in Indianapolis?

The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Indianapolis?

The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Indianapolis?

The oldest home in Indianapolis was built in 1848, and the newest in 2026.

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Pending

$170,000

$-60,100 on 06/16/2026

2 Beds

1 Baths

1,785 Sq. Ft.

1238 E Thompson Road, Indianapolis, IN, 46227

Est. Payments: $0/mo

Residential

Built in 1922

42 days on Site

0.74 Lot Size

Central Air

Natural Gas

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

This one is truly an investor's special! With just under 1000 square feet, this 2 bed, 1 bath could be such a gem with the right updates! This home features original hardwood floors, an enclosed porch, fireplace and eat-in kitchen. It is conveniently located near US 31 and I-465 for easy commuting. Check it out today! Property is sol...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22103166

Listing provided courtesy of Mark Linder 317-881-2100 with CENTURY 21 Scheetz

Last Updated: 6/30/2026 | 12:55 PM

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About the Neighborhood

Edgewood offers a calm and inviting residential setting with a variety of single detached homes and several options for apartment living. The neighborhood benefits from accessible highways like US Hwy 40, providing smooth travel for personal vehicles and convenient parking options. Bus lines connect most areas, making public transit a practical alternative for many residents. Educational opportunities are ample, with both public and private schools available nearby, covering elementary through high school levels. Dining options, including a modest selection of restaurants, add to local convenience. The neighborhood also features several green spaces and parks where outdoor time is possible, contributing to a peaceful atmosphere overall.

Learn more about

Indianapolis Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

179

Median List Price

$264,999

Homes Listed

3928

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Type	Dimensions	Level
Dining Room	12x12	Main
Kitchen	17x9	Main
Primary Bedroom	12x10	Main
Bedroom 2	11x10	Main
Sun Room	18x10	Main
Bonus Room	20x20	Basement
Living Room	20x12	Main