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 438 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

$169,000

$6,000 on 04/09/2026

Beds

Baths

3,458 Sq. Ft.

4022 E Michigan Street, Indianapolis, IN, 46201

Est. Payments: $0/mo

Commercial sale

Built in 1920

972 days on Site

0.12 Lot Size

Additional Details

Contact Agent

Annie Scott

F.C. Tucker Company, Inc.

(317) 902-8622

View Profile

Description

For over 6 decades, Frost Upholstery shop has been operating in this corner commercial property. There are 2 front entrances. The left door leads to the fabric room. The right door leads to the workshop. The workshop has an open workspace concept with double doors that leads to the rear exit. The ideal buyer would be a like-kind upholster...

Source: MIBOR as distributed by MLS GRID, MLS ID: 21950128

Listing provided courtesy of Annie Scott 317-843-7766 with F.C. Tucker Company

Last Updated: 6/15/2026 | 4:49 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

Annie Scott

F.C. Tucker Company, Inc.

(317) 902-8622

View Profile

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