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 748 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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Active

$89,900

3 Beds

2 Baths

2,540 Sq. Ft.

3902 E Michigan Street, Indianapolis, IN, 46201

Est. Payments: $0/mo

Residential

Built in 1955

16 days on Site

0.1 Lot Size

None

Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Great investment opportunity on Indy's near-eastside. This property has been buttoned up on the exterior and interior is ready for a full-scale remodel. Floorplan provides several opportunities to carve out something special. Location is highly visible and quick commute to downtown. Worth a look for the right investor!...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22108686

Listing provided courtesy of Barry Hines 317-960-3300 with Realty Wealth Advisors

Last Updated: 6/17/2026 | 10:19 PM

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Property Tax: 0/mo

Mortgage Insurance: 0/mo

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About the Neighborhood

Grace Tuxedo is a neighborhood with convenient access to primary schools including both public and private options throughout the area. Grocery stores and a selection of local restaurants are close by, making daily errands straightforward. This community is connected by several bus routes, with stops typically nearby for easy transit access. Though the terrain is varied, commuting by car is particularly convenient, with ample parking available. Housing features a mix of single detached homes and townhouses, mostly built before 1960, with many offering one or two bedrooms. Nearby green spaces provide inviting options for outdoor leisure activities.

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
Living Room	14x16	Main
Dining Room	12x14	Main
Kitchen	12x12	Main
Utility Room	20x20	Basement
Primary Bedroom	14x12	Main
Bedroom 2	14x12	Upper
Bedroom 3	14x12	Upper