Indianapolis Real EstateListings last updated 02/28/2021
Real Estate Experts in Indianapolis, IN
Open Houses in Indianapolis, IN
- 1 Beds
- 2 Baths
Indiana limestone is one of the most common building materials used in Indianapolis. It can be found in monuments, civic buildings, churches, academic buildings, and government buildings. For decades, the city maintained a ban on buildings taller than 200 feet. Since the ban was lifted in the mid-1980s, a series of high-rises burst into the sky, including the city’s tallest tallest building, the 811-foot Salesforce Tower.
The city is split into 99 community areas and smaller neighborhoods abound in many of them. Indianapolis has the unique distinction of having more fluid neighborhood boundaries than other large Midwestern cities, due to the lack of historical ethnic divisions or physical boundaries. Several neighborhoods have been recognized as historic districts, including Old Northside and Central Court.
The commercial real estate market is made up of just over 11,000 commercial units and about 4,100 industrial units in total.
In total, there are 244,406 single-family homes in the city, more than 10,000 multi-family homes, and just under 19,200 condo units. Apartments make up 1,896 units of the housing market and there are 1,391 other residential properties. If real estate prices or real estate trends don’t meet with the approval of buyers, there are more than 32,000 vacant lots that can be built on.
The city’s downtown area is experiencing a real estate market boom, with residential properties set to reach 30,000 units by 2020. Comparatively, there were just over 18,000 residential units in Downtown Indianapolis in 2010.
Getting around in Indianapolis is easy, thanks to a public bus system, a private people mover and 4 freeways that intersect the city. Two Amtrak passenger train lines, two airports and a heliport round out the city’s transportation options. Eco-conscious residents can make use of the city’s car- and bike-share systems and the many miles of bike lanes it offers.
There are nine public unified school districts within Indianapolis. Numerous private primary and secondary schools, including charter schools, parochial schools, and educational centers run by independent organizations offer further choices for parents and students alike. Secondary education has a large presence as well, including Indiana University-Purdue University Indianapolis, located in the city’s downtown core, and five private universities, among them Butler and Marian universities.
The largest medical center in Indianapolis is the Sidney and Lois Eskenazi Hospital. Opened in 2013, it includes a Level 1 Trauma Center and serves more than 1 million patients every year. Richard L. Roudebush VA Medical Center is the leading veteran hospital in the state. St. Vincent Indianapolis Hospital is the flagship hospital of the St. Vincent Health Center’s 22 locations.
According to the FBI’s 2015 statistics, there were 11,124 violent crimes reported for a population of 863,675 residents. Property crimes totaled 41,377.
Indianapolis is a city for culture lovers, with numerous museums and performing arts venues located here, especially in the Mass Ave cultural district and surrounding areas. The ninth oldest art museum in the U.S., Indianapolis Museum of Art showcases 54,000 pieces in its permanent collection.
The Indianapolis Art Center features 3 public art galleries, a library, auditorium, and 11 studios. Foodies have plenty to enjoy in Indianapolis. Popular spots include St. Elmo Steak House, an award-winning location since 1902, and the Slippery Noodle Inn, continuously operating since 1850.
Local venue Milktooth was named one of the best restaurants in the world in 2016 by Conde Nest Traveler.