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 622 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.

Back

Back to Search

See all Images

Active

$4,000

Beds

Baths

3,732 Sq. Ft.

3131 Shelby Street, Indianapolis, IN, 46227

Est. Payments: $0/mo

Commercial lease

Built in null

66 days on Site

0.37 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

This southside commercial building offers a strong opportunity for a restaurant or bar operator looking to customize a space to fit their vision. Over 3,000sf, including additional basement storage. The interior includes a bar area with a 3-Drawer Cooler & 3-Bay Sink, Men's and Women's restrooms, and full kitchen with hood, prep stations...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22097967

Listing provided courtesy of Shelly Johnson 317-882-5900 with Keller Williams Indy Metro S

Last Updated: 4/28/2026 | 4:16 PM

Mortgage Calculator

Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

Down Payment

Home Owner Insurance

/yr

Property taxes

/mo

HOA Fees

/mo

Loan Term (Years)

Interest Rate

Mortgage Insurance

Nearby Similar Listings

$1,000,000

0 Bds | 0 Ba | 3,828 Sqft

1121 E Troy Avenue, Indi...

Keller Williams Indy Met...

$1,400,000

0 Bds | 0 Ba | 12,896 Sqft

4001 Madison Avenue, Ind...

Kline Properties, Inc....

$13

0 Bds | 0 Ba | 12,384 Sqft

3901 S East Street, Indi...

Sullivan Realty Group, L...

$3,200

0 Bds | 0 Ba | 3,280 Sqft

4003 Madison Avenue, Ind...

Kline Properties, Inc....

$1,000,000

0 Bds | 0 Ba | 3,828 Sqft

1121 E Troy Avenue, Indi...

Keller Williams Indy Met...

$1,400,000

0 Bds | 0 Ba | 12,896 Sqft

4001 Madison Avenue, Ind...

Kline Properties, Inc....

$13

0 Bds | 0 Ba | 12,384 Sqft

3901 S East Street, Indi...

Sullivan Realty Group, L...

$3,200

0 Bds | 0 Ba | 3,280 Sqft

4003 Madison Avenue, Ind...

Kline Properties, Inc....

$2,500

0 Bds | 0 Ba | 10,924 Sqft

5002 Madison Avenue, Ind...

Keller Williams Indpls M...

$699,000

0 Bds | 0 Ba | 4,379 Sqft

1640 Prospect Street, In...

F.C. Tucker Company...

$550,000

0 Bds | 0 Ba | 2,000 Sqft

1012 Virginia Avenue, In...

@Properties...

$520,000

0 Bds | 0 Ba | 2,506 Sqft

2023 Southeastern Avenue...

Keller Williams Indy Met...

About the Neighborhood

Carson Heights offers convenient access to nearby highways and ample parking options, making it easy to navigate by car. Several bus routes run through the area, with most residences located close to bus stops, providing additional public transportation alternatives. The neighborhood also benefits from proximity to primary and secondary schools, ensuring educational facilities are within reasonable distance. Grocery stores and several restaurants are accessible nearby, adding to daily convenience. Rich in nearby green spaces and parks, the area provides welcoming opportunities for outdoor enjoyment. Housing features a mix of spacious single detached homes and larger apartment buildings, predominantly from earlier mid-20th century construction.

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.