Indiana
What does $500K buy in Indiana in February? See inside 5 homes around the state
Real estate video: Tips for first-time homebuyers
Tips for first time homebuyers
Evan Frank/IndyStar, Wochit
With 2024 now in full swing, let’s take another look around the state at the real estate market.
Nationally, mortgage rates are holding steady in the 6% range, down from 8% in October, but the overall inventory is still down about 4% year over year, real estate tracking site Redfin data shows.
Thanks largely to the reduced inventory, the median U.S. home sale price rose 5.1% during the first four weeks of January, according to Redfin. That jump was the biggest increase since October 2022.
In Indiana, home prices were up 3.5% in December compared to a year ago.
Here’s a look around the state at what buyers in the $500,000 price range might find in various cities.
Indiana home buying: What income do Indianapolis homebuyers need to buy a home? It keeps going up.
Indianapolis
This custom-built home on Columbia Ave. is only two years old and has more than 2,600 sq ft of space.
The 3 bedroom, 2.5 bath features exposed brick, ductwork and wood beams in the kitchen and living area, along with granite countertops and a 5-burner Italian stove.
The two-story craftsman-style home with a detached garage is close to the Monon, Bottleworks and Mass Ave and is listed for $510,000.
Mooresville
Just south of Indy, this $525,000 charming rustic log cabin in Mooresville sits on more than 3 acres of land.
The 3 bedroom, 2.5 bath home comes in at just shy of 3,000 sq ft of space and combines modern amenities with the classic cabin style. A spacious porch lets you take in the surroundings outside, while a wood-burning fireplace in the living area and a large soaking tub in the bathroom keep you warm during the winter months.
Additionally, a 2-car attached garage and a newly built 3-bay garage provide plenty of storage or workshop space.
Evansville
This Charleston-style colonial home in Evansville has plenty of space and curb appeal, with more than 3,200 sq ft, 3 bedrooms and 3.5 baths.
Built in 2004, the brick home on 1.5 lots has four fireplaces, a large rec room, a courtyard and an attached 3-car garage.
Features like a wet bar in the living room, built-ins (including a safe) and woodwork throughout the entire home add character and function.
Terre Haute
This Terre Haute home offers unique architecture and the chance for country club living.
Listed for $500,000, this home on the 14th hole of The Country Club of Terre Haute Golf Club has more than 4,800 sq. ft. of space and shows off the surrounding landscape with banks of floor-to-ceiling windows.
With six bathrooms, four bedrooms plus a wood-paneled library that can be a home office or fifth bedroom, the space also includes an attached 3-car garage, walkout basement and a lower-level game room.
Florence
For buyers looking for water views, this home overlooking the Ohio River is listed for $515,500 and has its own boat dock.
A full wall of windows in the main living area and a covered front patio provide great views of the water and beyond.
Sitting on 11.5 acres, you’ll have plenty of space for outdoor activities while an RV canopy and 1,800 sq ft pole barn with concrete flooring are perfect to store your vehicles or get creative with the extra space.
Indiana
Attempted murder suspect arrested in Indianapolis for Bloomington shooting
BLOOMINGTON, Ind. (WISH) — A Bloomington man was arrested Wednesday in Indianapolis on an attempted murder charge after police say he fired seven to eight rounds into a white GMC SUV occupied by three adults and four children last month in Bloomington before fleeing the area.
A news release issued Thursday from the Bloomington Police Department said members of the Indianapolis Metropolitan Police Department’s special weapons and tactics team took Kafern P. Johnson, 32, into custody near the intersection of West 84th Street and Allison Avenue in Indianapolis without incident.
The arrest came more than two weeks after the June 23 shooting in the 1000 block of North Summit Street. That’s in a residential area next to Crestmont Park in Bloomington.
Monroe County Central Emergency Dispatch received 911 calls at 7:41 p.m. June 23 reporting gunfire in the area.
Responding patrol officers and detectives determined Johnson had fired into the SUV following a verbal fight with the vehicle’s driver. Police said the dispute stemmed from an argument over a relationship.
No injuries were reported despite the number of people inside the vehicle.
Following his arrest, Johnson was taken to an IMPD facility for questioning and later booked into the Marion County jail. On Thursday morning, he was booked into the Monroe County jail.
The release said Johnson could face felony charges of attempted murder, criminal recklessness with a firearm, and pointing a firearm. No formal charges have yet been filed, according to online court records.
Bloomington police asked anyone with additional information to call 812-349-3324.
This story was formatted for WISHTV.com using AI-assisted tools. Our editorial team reviews and edits all content published to ensure it meets our journalistic standards for accuracy and fairness.
Indiana
FAIRFIELD NATIVE AND HIS WIFE FOUND DEAD IN THEIR NEWBURGH, INDIANA HOME
Fairfield native, David K. Wells, 69, and his wife Aileen, were found dead inside their home in Newburgh, Indiana, Monday night. Warrick County Sheriff Michael Wilder said that deputies responded to the residence just before 8:00 p.m. after dispatch received a call around 7:40 p.m. from a friend of the family requesting a welfare check. When officers didn’t get an answer at the door, they entered through the back of the home and found the couple deceased. Officers cleared the home and waited for detectives to arrive. Investigators also obtained a search warrant to do a further examination of the residence. Authorities were able to notify family members and conduct interviews to gather additional information. Sheriff Wilder said investigators believe the couple had been dead for less than 24 hours before they were found. He also said there is no indication of any forced entry or an intruder. Sheriff Wilder has not made a formal determination as to what happened. Autopsies for the couple were scheduled for yesterday morning to help determine a cause. David Wells grew up in Fairfield and graduated from Fairfield High School in 1975. He had a long career in television commercial production in Evansville and had more recently operated the Cigar! Cigar! tobacco store in Evansville.
Indiana
Indiana sees significant drop in number of homeless veterans
INDIANAPOLIS (WRTV) — Indiana saw a significant decline in veteran homelessness last year, despite the total number of homelessness rising across the state.
According to the U.S. Department of Housing and Urban Development (HUD) annual estimation of the homeless population, known as the Point in Time (PIT) count, Indiana saw an 18.7% decline in veteran homelessness in 2025 compared to the year before.
That marked the second-largest decline of any state by percentage.
Helping Veterans and Families (HVAF) of Indiana specializes in assistance for veterans facing homelessness. CEO Emmy Hildebrand told News 8 the formula that’s finding success is the same that works with any at-risk group: housing and wrap-around services.
Hildebrand said that the formula needs support from the state.
“There is no state funding supporting homeless services in our state,” Hildebrand said. “And very little local funding outside Indianapolis.”
Safety net programs have faced budget cuts, with lawmakers eliminating funding for the Housing First program in 2025. It supported organizations helping people secure stable housing.
And housing advocates have criticized Indiana’s public camping ban as essentially making it illegal to be homeless.
HVAF client Terri Massey, a 34-year-old Navy veteran, said the stigma of being homeless was the most difficult challenge to overcome.
“I’m still trying to provide for my kids,” Massey said “I’m (not) out here being lazy or not trying to do better.”
Massey was working, supporting her children, but found herself sleeping in cars and hotel rooms because she didn’t have stable housing. “Going to that work, working 10 hours, leaving, going to sleep in my car.”
HVAF helped place Massey in a permanent apartment. HVAF also placed Massey in a different kind of “bootcamp” years after her time in the military, learning job skills. She’s looking for a job, but thankful to do it from a place she can call home.
“I am beyond grateful and thankful. I literally pray and thank God every day,” Massey said. “Because for the longest I felt like I was alone. And I had to figure everything out by myself. I didn’t.”
It’s estimated that seven percent of Indiana’s homeless are veterans. Hildebrand said there are federal funds for organizations working with veterans, which support HVAF’s programs.
Still, finding permanent housing is a struggle.
According to the National Low Income Housing Coalition, for every 100 extremely low-income households in Indiana, just 34 rental homes are affordable and available.
“There are so many people on the bubble that are just one emergency away from living in their car, staying with friends and family, or living on the streets because we don’t have the appropriate system here in Indiana,” Hildebrand said.
Hildebrand said lawmakers assured her they would work to support homeless services, but she hasn’t seen any drafted legislation that might be introduced in the next legislative session.
Across the country, about one in 25 people experiencing homelessness previously served active duty in the armed forces, according to numbers from HUD. Veteran homelessness declined 56% between 2009 and 2025.
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