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 961 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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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.

Interior Features

Cathedral Ceiling(S), Wood Work Stained, Paddle Fan, Bath Sinks Double Main, Eat In Kitchen, Pantry

Appliances

Dishwasher, Disposal, Micro Hood, Electric Oven, Refrigerator

Water Heater

Dishwasher, Disposal, Micro Hood, Electric Oven, Refrigerator

Heat

Forced Air, Heat Pump, Electric

Tax and Financial Info

Semi-Annual Property Tax:

$1, 359

Tax Year:

2024

Quick View

Address:

7514 Iron Horse Lane Indianapolis IN 46256

Status:

Active

On Site:

1 On Site

Price:

$280, 000

Bedrooms:

3 Beds

Bathrooms:

2 Full Baths

Sq. Feet:

1, 351

Year Built:

1985

Lot Size:

0.34

County:

Marion

Township:

Lawrence

MLS #:

22111422

Property Type:

Single Family Residence

Exterior Type

Brick, Cedar

Community Information

Area:

4904 Marion Lawrence

City:

Indianapolis

Subdivision:

Shadeland Station

Zip Code:

46256

Rooms

Type	Dimensions	Level
Kitchen	14x13	Main
Great Room	23x16	Main
Primary Bedroom	17x12	Main
Bedroom 2	12x12	Main
Bedroom 3	12x11	Main
Laundry	6x6	Main

Active

$280,000

3 Beds

2 Baths

1,351 Sq. Ft.

7514 Iron Horse Lane, Indianapolis, IN, 46256

Est. Payments: $0/mo

Residential

Built in 1985

1 on Site

0.34 Lot Size

Central Air

Forced Air, Heat Pump, Electric

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Welcome home to this inviting 3-bedroom, 2-bath ranch that perfectly blends comfort, updates, and convenience. Situated on a peaceful cul-de-sac in a highly walkable Indianapolis neighborhood, this home offers the ideal setting for relaxed living with room to grow. Step inside to a bright and welcoming great room featuring beautiful new ...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22111422

Listing provided courtesy of Shane Christopher 888-611-3912 with eXp Realty, LLC

Last Updated: 7/1/2026 | 4:10 PM

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About the Neighborhood

I-69/Fall Creek is a charming neighborhood featuring primarily single detached homes alongside small apartment buildings and duplexes, offering a variety of unit sizes from lofts to four-bedroom dwellings. Residents benefit from close proximity to primary schools and convenient access to nearby pharmacies, restaurants, and cafes. The area provides easy car access with plentiful parking and nearby highways, making commuting simple. Its gentle slopes contribute to a bicycling-friendly environment. A peaceful setting with minimal street noise creates a tranquil atmosphere, and nearby green spaces are readily accessible, encouraging outdoor enjoyment within this well-rounded community.

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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