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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$285,000

$3,000 on 06/06/2026

3 Beds

3 Baths

1,973 Sq. Ft.

7209 Shelby Street, Indianapolis, IN, 46227

Est. Payments: $0/mo

Residential

Built in 1957

84 days on Site

0.45 Lot Size

Central Air

Forced Air, Natural Gas

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Move in ready! This charming ranch on almost 1/2 acre. This 3-bedroom, 2.5 bath home will give you nearly 2000 sq ft. of living space. Bonus room for office or use as 4th bed room. Roof replaced in 2025, new water heater. Master bedroom with master suite that includes a deep jacuzzi tub. Gorgeous hardwood and tile floors throughout. Gener...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22094436

Listing provided courtesy of Uk Mang 317-882-5900 with Keller Williams Indy Metro Partners

Last Updated: 7/1/2026 | 10:04 PM

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Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

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About the Neighborhood

South Perry offers a peaceful and quiet residential setting with a variety of housing options, including single detached homes, townhouses, and apartments. Many residences feature two or three bedrooms, providing versatile living spaces to suit different needs. The neighborhood boasts convenient access to numerous supermarkets as well as a selection of nearby restaurants and cafes. Educational opportunities include several primary schools, both public and private, located close to residential areas. Commuting by car is straightforward with ample parking and easy access to major routes. The neighborhood's calm atmosphere and proximity to surrounding parks contribute to a balanced urban living experience.

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	22x12	Main
Dining Room	12x13	Main
Kitchen	14x10	Main
Primary Bedroom	12x16	Main
Bedroom 2	11x13	Main
Bedroom 3	11x13	Main
Bonus Room	10x24	Main
Laundry	6x9	Main