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 994 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

$2,500,000

Beds

Baths

9,400 Sq. Ft.

517 E Walnut Street, Indianapolis, IN, 46202

Est. Payments: $0/mo

Commercial sale

Built in 1900

290 days on Site

0.08 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Located just off Massachusetts Avenue in Indianapolis' thriving Chatham Arch neighborhood, this versatile 2-story building with a full basement offers exceptional flexibility for a variety of uses. Zoned C4, it can accommodate office, retail, food & beverage, personal services, and healthcare. The property also offers potential for a roof...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22060481

Listing provided courtesy of Robert Butcher 317-564-7100 with Keller Williams Indy Metro NE

Last Updated: 12/30/2025 | 8:58 AM

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Mortgage Insurance: 0/mo

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About the Neighborhood

Downtown neighborhood features convenient access to various transportation options, including about 20 nearby bus lines and multiple bike lanes that take advantage of the area's flat terrain. Proximity to major highways offers easy driving routes, with ample parking available. Residents find numerous local grocery stores, cafes, and restaurants close at hand. Educational opportunities are present with several nearby public and private primary and secondary schools. The neighborhood offers a lively environment with over 50 nightlife venues, and several parks scattered throughout provide inviting green spaces. Housing options include large and small apartment buildings along with single detached homes, mainly offering one and two bedrooms.

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

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