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 810 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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$710,000

$10,000 on 05/15/2026

6 Beds

6 Baths

3,147 Sq. Ft.

1531 Spann Avenue, Indianapolis, IN, 46203

Est. Payments: $0/mo

Residential

Built in 2023

123 days on Site

0.09 Lot Size

Central Air

Electric, Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

A Turnkey Income-Producing Fountain Squares custom built 4Bed/3Bath multi-level home with 2Bed/1Bath Carriage House. The main floor, open-concept plan boasts an expansive great room, beautiful kitchen/dining combo, and unique sunroom. There are 3 bedrooms & 3 balconies on the 2nd floor; 2 bedrooms share a Jack & Jill bath, 1 bedroom w/ a ...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22085170

Listing provided courtesy of Olubunmi Famosinpe 317-979-4663 with My Agent

Last Updated: 5/15/2026 | 4:13 PM

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Mortgage Insurance: 0/mo

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About the Neighborhood

Fountain Square offers a neighborhood with convenient access to a variety of businesses, cafes, and dining options, enhancing day-to-day living. The area features a solid cycling infrastructure, making bike travel a practical and enjoyable choice. Parking is easy to find, and many homes are close to major highways, simplifying car trips around the region. Educational institutions, including primary and high schools, are located within short distances, providing accessible options for learning. The neighborhood benefits from nearby green spaces for relaxation and outdoor activities, contributing to a pleasant atmosphere. The housing mix includes mostly two- and three-bedroom single detached homes and duplexes, creating diverse residential options.

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

Schedule a Video Tour

Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.

Type	Dimensions	Level
Primary Bedroom	20x14	Upper
Bedroom 2	12x10	Upper
Bedroom 3	11x10	Upper
Bedroom 4	11x10	Upper
Family Room	14x13	Upper
Office	18x8	Upper
Family Room	12x13	Upper
Kitchen	9x7	Upper
Bedroom 5	12/11	Upper
Bedroom 6	12/10	Upper