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 561 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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$320,000

3 Beds

2 Baths

1,652 Sq. Ft.

8615 El Rico Drive, Indianapolis, IN, 46240

Est. Payments: $0/mo

Residential

Built in 1953

48 days on Site

0.95 Lot Size

Central Air

Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Discover a unique opportunity at 8615 El Rico DR, INDIANAPOLIS, IN, USA. This 1953 single-family residence, spanning 1652 square feet on a generous 41251 square foot lot. This charming residence features three bedrooms, providing ample private space. The home also includes one full bathroom and one half bathroom, hardwood floors, gorgeous...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22102486

Listing provided courtesy of Kurt Clements 317-435-0510 with Diverse Property Solutions Ind

Last Updated: 5/16/2026 | 10:22 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

Nora / Far Northside offers a welcoming environment characterized by a calm atmosphere with generally low traffic noise levels. The neighborhood provides a diverse mix of housing types, including duplexes, apartments, and single detached residences, allowing for a variety of living spaces from spacious lofts to larger four-bedroom options. Residents will find approximately 20 restaurants and cafes nearby, providing a variety of dining experiences conveniently close to home. While parking is generally easy throughout the area, highway access is also quick from most locations. Additionally, cycling infrastructure supports comfortable travel on bike within this inviting neighborhood.

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
Bedroom 2	9x14	Main
Bedroom 3	9x11	Main
Kitchen	9x16	Main
Living Room	11x19	Main
Family Room	14x19	Main
Dining Room	9x9	Main
Primary Bedroom	11x14	Main