Your search found 6421 homes for sale in Indianapolis, IN. Click to learn more about Indianapolis, IN real estate.
$4,760,000
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$1,310,616
Unlike other capitals that were established as early settlements, Indianapolis was anointed the capital after the Indiana General Assembly mandated it. Even so, the city has flourished into a major metropolis. Indianapolis enjoys a thriving economy and a healthy population of over 780,000, making it the 12th most-populated city in the nation.
At the turn of the 20th century, discovery of natural gas deposits in Trenton Field and oil in nearby Lima-Indiana Field helped to mold Indianapolis into the major social and economic hub it is today. Even after the natural gas deposits were exhausted and oil production was halted, Indianapolis had already undergone a significant land and residential boom. During this prosperous period for the city, many companies relocated to Indianapolis's central business district.
Indianapolis is the proud home of the 2007 NFL Super Bowl Champion Colts and the NBA's Indiana Pacers. But it's the annual Indianapolis 500-mile race, better known as the Indy 500, that draws crowds. The Indianapolis Motor Speedway is the second-oldest car racetrack in the world and has been around for nearly a century. The racetrack also seats more than 400,000 fans, making it the largest sporting event stadium of its kind. In 1987, it became a registered national historic landmark, attracting hundreds of thousands tourists annually.
Thanks in part to a stable increase in Indianapolis home appreciation values, the city continues to grow. With homes starting around $150,000, it doesn't get more affordable than Noblesville. This northern suburb of the city is conveniently located near Indianapolis's downtown district. Noblesville features a charming mix of old and new, with rows of Victorian single family homes and contemporary luxury condominiums to choose from. Although older homes in Noblesville are priced below $200,000, custom subdivisions also abound with statelier properties averaging between $600,000 to upwards of $1 million.
Centrally located near downtown is the eclectic neighborhood of Broad Ripple Village. With its local eateries and trendy coffee shops, Broad Ripple is one of the most established neighborhoods in Indianapolis. While cottage-style homes are the norm in this area, more traditional detached single family homes are also available. Broad Ripple Village has become the playground for much of the city's artsy and wealthy population, but with its unique selection of homes and wide price range, it's perfect for any family. Take advantage of the affordable prices and begin your Indianapolis real estate search today!
Sources and more information:
http://en.wikipedia.org/wiki/Indianapolis
http://www.census.gov/population/www/
http://www.homegain.com/local_real_estate/IN/indianapolis.html
http://www.nextag.com/home-mortgage/2/IN/Indianapolis.html
http://en.wikipedia.org/wiki/Indianapolis_Motor_Speedway
http://www.discoverbroadripplevillage.com/
http://www.bretbaker.com/custom10.shtml
Community Information for 46204
Population: 6,582
Median Age: 34
Median Household Income: $31,794
Households with Children: 5.51%
Median Travel Time to Work: 14.9 minutes
Real Estate Market Information
Median Home Sale Price: $296,823
Annual Turnover Rate: 35.53%In current residence +5 years: 14.13%
Median years in residence: 2
Homes Owned: 16.31%
Homes Rented: 65.80%
Homes Vacant: 17.89%
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