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.

1417 S Meridian Street Indianapolis IN 46225 (House For Sale)

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 1366 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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Description

Prime opportunity on S Meridian! This vacant lot offers rare residential buildability in a centrally located C-3 zone. Perfect for anyone looking to build near downtown with quick access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. Whether you're an investor, builder, or future homeowner, this lot provides e...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22074729

Listing provided courtesy of Nicole Crouch 317-514-7959 with Crossroads Realty, LLC

Last Updated: 11/24/2025 | 7:19 PM

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About the Neighborhood

Near Southside features convenient access to numerous local businesses, including restaurants and coffee shops, located just around the corner. The neighborhood supports a bike-friendly atmosphere with reasonable cycling infrastructure available for transportation needs. Educational institutions, including both primary and secondary schools, are situated within close reach, offering accessible options for residents. Green spaces and parks are abundantly available in nearby neighborhoods, providing welcoming outdoor opportunities. Its housing stock largely consists of spacious two- and three-bedroom detached homes with a charming, historic character from growth before 1960. Easy access to major highways like I-70 and available parking add to transportation convenience in this neighborhood.

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Frequently Asked Questions

Are house prices dropping in Indianapolis?

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

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

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

How fast are houses listed in Indianapolis being sold?

How often are houses listed for sale in Indianapolis?

Can you visit houses in Indianapolis?

What is the most expensive house in Indianapolis?

What is the cheapest house in Indianapolis?

How old are the homes in Indianapolis?

How big are the homes in Indianapolis?

$49,000

Are house prices dropping in Indianapolis?

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

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

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

How fast are houses listed in Indianapolis being sold?

How often are houses listed for sale in Indianapolis?

Can you visit houses in Indianapolis?

What is the most expensive house in Indianapolis?

What is the cheapest house in Indianapolis?

How old are the homes in Indianapolis?

How big are the homes in Indianapolis?