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.

5002 Madison Avenue Indianapolis IN 46227 (House For Lease)

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.

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Description

Retail strip center with high visibility located at the corner of Madison Ave and Thompson Rd. 2900 sq ft retail space available currently large open space, ready to be built out to your desires. Brick building with an asphalt parking lot. Center tenants include, H&R Block, Metro by T mobile, Top Level Gym, Arcade 911 and Center Stage Da...

Source: MIBOR as distributed by MLS GRID, MLS ID: 21967530

Listing provided courtesy of Derek Gutting 317-846-6300 with Keller Williams Indpls Metro N

Last Updated: 6/27/2026 | 1:49 PM

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About the Neighborhood

Edgewood offers a calm and inviting residential setting with a variety of single detached homes and several options for apartment living. The neighborhood benefits from accessible highways like US Hwy 40, providing smooth travel for personal vehicles and convenient parking options. Bus lines connect most areas, making public transit a practical alternative for many residents. Educational opportunities are ample, with both public and private schools available nearby, covering elementary through high school levels. Dining options, including a modest selection of restaurants, add to local convenience. The neighborhood also features several green spaces and parks where outdoor time is possible, contributing to a peaceful atmosphere overall.

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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?

$2,500

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?