Indianapolis, IN
Average US home sale price is $513K. See what that buys in 4 Indiana cities
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It’s been an interesting year in real estate, as the frantic pace of properties changing hands has slowed and the average age of first-time buyers hit an all-time high, according to the National Association of Realtors.
That certainly hasn’t stopped everyone from buying, as the number of homes sold in Indiana in October was up 4.1% year over year, according to Redfin.
Last month, we showed you some of the biggest home sales of the year around Indianapolis. Taking a look around the U.S., the average home sale price nationally was just under $513,000 this summer, according to the newest available data from the Federal Reserve Bank of St. Louis and others.
Take a look below at what that average price buys in four cities around Indiana right now. For comparison, here’s what homes in that same range looked like last December, in the summer of 2024, and going back to the fall of 2023.
Indianapolis – Modern design and a waterfront home
This Indianapolis home for sale has four bedrooms, 2.5 baths and over 4,100 sq. ft. of space. The modern design includes a kitchen with stone countertops and a double oven, a living area with a wall of windows and a fireplace, and a large basement that would be great as a game room and entertaining space.
The backyard is spacious with a paved seating area and plenty of grass, along with views of the woods for added privacy. It’s listed for $515,000 by Shell Wiedenhaupt at eXp Realty, LLC.
Another option in Indy is waterfront living with this 3-bedroom, 3.5 bath tri-level home on Geist Reservoir. Inside you’ll find a fully-updated kitchen, bathrooms and lighting throughout, along with a wet bar and two gas fireplaces. But the biggest draw of this house has to be what you’ll find outside.
Outside is an upper deck with water views and a remote-controlled awning, a lower deck and an included boat slip for easy access to the water. The neighborhood also offers tennis courts, walking trails and a pool.
It is listed for $517,500 by Jonathan Steinbach at F.C. Tucker Company.
Bloomington – Remodeled modern farmhouse
If the modern farmhouse is more your style, you’ll find it in Bloomington with this fully remodeled home with 20-foot vaulted ceilings and exposed beams. In the 2,900 sq ft of space you’ll find three large bedrooms, three full baths, a gas fireplace and large walk-in closet.
Outside there is a large covered porch and patio with a dedicated gas line for your grill, along with a fully-furnished 900-square-foot 2+ car garage. It’s listed for $519,000 by Sarah Noel at The Stewart Home Group.
Muncie – Historic 1930s build with modern updates
We’ve seen newer construction, waterfront and a modern farmhouse, so let’s look at something historic. This Muncie home was built in 1930 and carefully updated for the best of both worlds. Walking distance from Ball State, this 4,200 sq ft home has an impressive chef’s kitchen, four bedrooms, 3.5 baths and a finished, oversized 2-car garage.
The family room has a gas fireplace and direct access out to the private cobblestone paver patio with another freestanding outdoor fireplace. In the large primary suite, you’ll find yet another fireplace, custom built-ins and a bathroom that will have you excited for the winter with a spa-like bath with jetted tub, waterfall feature, steam shower, and heated tile floors. The home is listed for $530,000 by Austin Rich at NextHome Elite Real Estate.
Fort Wayne – Tree-lined backyard with country club living
Last up on our statewide look is this 4-bedroom, 3.5-bath home in the Pine Valley Country Club neighborhood of Fort Wayne. Built in 1974 but carefully renovated, the home has over 2,700 finished sq ft of space and has all-new finishes inside and out. You’ll find features like whole home audio inside and out, a fully updated kitchen, remodeled baths, new cabinetry and more.
Outside, you’ll find the owner’s favorite part of the home – a very spacious, tree-lined backyard with plenty of privacy and space for entertaining. The custom flagstone patio includes a firepit, Edison lighting, and wiring for a TV or projector. The home is listed for $514,999 by the seller.
INDIANAPOLIS — An investigation is underway after a woman was killed in a hit-and-run crash in downtown Indianapolis Saturday morning.
According to the Indianapolis Metropolitan Police Department, at around 3:15 a.m., officers responded to the intersection of East Maryland and South Pennsylvania Streets after hearing a loud crash in the area.
When officers arrived on scene, they were flagged down by several people stating a pedestrian had been struck. Officers located an adult female who had been on a scooter in the crosswalk of the intersection.
She was transported to an area hospital in critical condition but later died from her injuries, IMPD said.
Investigators said the striking motorist did not stay on scene.
Police are encouraging those with information on the crash to contact Detective Adam Jones at (317) 327-3475 or call Crime Stoppers of Central Indiana at (317) 262-8477.
INDIANAPOLIS (WISH) — The Indianapolis Metropolitan Police Department detectives on Friday afternoon asked for help in locating 14-year-old Kathya Rodriguez, last seen on Monday afternoon.
On Friday night, an Indiana Silver Alert was issued for the girl.
Described as 4 feet, 9 inches, and 99 pounds with brown hair and brown eyes, Kathya was last seen on Monday in the area of 2100 Waterford Place. That’s at The Meridian apartments off Westlane Road/West 71st Street on the city’s northwest side.
She was last seen about 12:45 p.m. Monday. She was wearing a gray hoodie with white writing, blue jeans, and sandals with socks.
In a statement Friday, IMPD said early in the investigation, detectives had no information indicating she was in danger, but as the investigation continued, detectives found details that led them to believe Kathya might be at risk.
Detectives believe she may be with Victor Martinez, 15. IMPD described him as 5 feet, 5 inches, and 165 pounds, with brown hair and brown eyes. He was last seen Monday near 7200 Knobwood Drive. That’s also at The Meridian apartments.
Anyone with information on her whereabouts was asked to call 911, contact the IMPD missing persons unit at 317-327-6160, or call Crimestoppers of Central Indiana at 317-262-8477.
This story was updated from its initial post after IMPD corrected the last name of Kathya.
INDIANAPOLIS (WISH) – The Indianapolis City-County Council President plans to propose a data center moratorium on Monday.
President Maggie Lewis, a Democrat, said she plans to introduce an amendment to proposed data center zoning regulations during the Metropolitan and Economic Development Committee meeting on July 13, enacting a moratorium.
“This pause will provide the City-County Council, the administration, industry experts, and community stakeholders the opportunity to fully evaluate the long-term impacts of these developments, including infrastructure demands, utility capacity, environmental considerations, economic outcomes, and neighborhood quality of life,” Lewis said in a statement. “This is not about slowing progress. It is about exercising responsible leadership and ensuring that decisions of this magnitude are made through a thoughtful, transparent, and data-driven process.”
Metropolitan Development Commission (MDC) President John Dillon dismissed the idea of a moratorium when the MDC advanced the data center zoning ordinance, even in the face of dozens of protesters.
The zoning regulations, if approved, would set minimum standards for data center developments in Indianapolis. Critics have said the regulations, as written, are too broad and will only streamline development.
Groups like Citizens Action Coalition have called for a moratorium to allow time to draft more robust restrictions. Lewis echoed similar motivations when announcing her intent to propose the pause on developments.
“Our responsibility is to make informed decisions that serve the best interests of Indianapolis residents,” Lewis said. “Given the significant questions that remain, a deliberate review is both prudent and necessary before moving forward.”
The City-County Council unanimously approved a special resolution on May 4, requesting the MDC temporarily stop approving new data centers. But the resolution isn’t enforceable. Councilman Michael-Paul Hart, a Republican, previously told News 8 the vote was more symbolic to him rather than a real measure to slow development.
A public hearing on the data center zoning regulations is planned at 5:30pm on Monday, July 13, inside the City-County Building at 200 E Washington St in Indianapolis.
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