Find, analyze, and compare Indianapolis, IN investment properties, including off-market opportunities and residential homes with value-add potential. Indianapolis offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Indiana. Explore housing market trends in Indianapolis, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Indianapolis, IN for your real estate goals.
In Indianapolis, the median property value currently stands at $192,593, reflecting a 5.11% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $256,506 (a 0.02% gain). The housing market includes a total of 341,529 houses.The median home in Indianapolis has 1,560 square feet of living space, priced at a median of $126 per square foot with a median year built of 1964. For long-term rental properties in Indianapolis, the median annual gross rental income is $24,600 (or
$2,050/month) with estimated operating expenses of
$7,977, resulting in an approximate gross cap rate of 6.85%.
Property Intel by Whitepages helps investors and homeowners explore the Indianapolis area
by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps.
These tools support research into investment properties, including foreclosure data
and off-market listings in Indianapolis, IN.
$304K - $315K
Est. Value
Snacks - Guion Creek
3 beds • 1.5 baths • 1,969 sq ft
Last Sold: $136K in 2006 • Built: 1986
$272K - $290K
Est. Value
4 beds • 2.5 baths • 3,030 sq ft
Last Sold: $166K in 2016 • Built: 2016
$259K - $270K
Est. Value
Hill Valley
4 beds • 1.5 baths • 1,835 sq ft
Last Sold: $147K in 2002 • Built: 1975
$265K - $281K
Est. Value
3 beds • 2 baths • 1,762 sq ft
Last Sold: $260K in 2020 • Built: 2020
$351K - $367K
Est. Value
4 beds • 2.5 baths • 3,924 sq ft
Last Sold: $187K in 2005 • Built: 2005
$239K - $247K
Est. Value
Southern Dunes
3 beds • 1.5 baths • 1,694 sq ft
Last Sold: $234K in 2021 • Built: 1999
$238K - $249K
Est. Value
Irvington
3 beds • 1.5 baths • 1,056 sq ft
Last Sold: $90K in 2015 • Built: 1968
$299K - $316K
Est. Value
3 beds • 2 baths • 1,789 sq ft
Built: 2022
$205K - $213K
Est. Value
Clearwater
3 beds • 1 bath • 1,200 sq ft
Built: 1956
$268K - $279K
Est. Value
3 beds • 2.5 baths • 2,085 sq ft
Last Sold: $229K in 2023 • Built: 1997
$259K - $274K
Est. Value
Fairgrounds
3 beds • 1.5 baths • 1,320 sq ft
Last Sold: $293K in 2023 • Built: 1926
$210K - $217K
Est. Value
Hill Valley
3 beds • 1 bath • 1,353 sq ft
Last Sold: $135K in 2015 • Built: 1985
$141K - $147K
Est. Value
College Park
3 beds • 1 bath • 1,520 sq ft
Last Sold: $80K in 2015 • Built: 1974
$238K - $247K
Est. Value
Hill Valley
3 beds • 1 bath • 1,704 sq ft
Last Sold: $185K in 2017 • Built: 1991
$401K - $420K
Est. Value
3 beds • 1.5 baths • 2,567 sq ft
Last Sold: $268K in 2002 • Built: 2002
$452K - $468K
Est. Value
3 beds • 1.5 baths • 3,279 sq ft
Last Sold: $403K in 2020 • Built: 2003
$257K - $271K
Est. Value
Linden Wood
4 beds • 1.5 baths • 2,425 sq ft
Last Sold: $136K in 2010 • Built: 2000
$376K - $395K
Est. Value
4 beds • 1.5 baths • 2,394 sq ft
Last Sold: $239K in 2005 • Built: 1968
$269K - $291K
Est. Value
3 beds • 1 bath • 2,580 sq ft
Last Sold: $201K in 2005 • Built: 1993
$275K - $295K
Est. Value
Crooked Creek
2 beds • 1 bath • 2,628 sq ft
Last Sold: $50K in 2012 • Built: 1958
$298K - $312K
Est. Value
Mapleton - Fall Creek
3 beds • 2.5 baths • 2,320 sq ft
Last Sold: $360K in 2020 • Built: 1922
$362K - $384K
Est. Value
St. Vincent - Greenbriar
4 beds • 1.5 baths • 2,470 sq ft
Last Sold: $207K in 2003 • Built: 1968
$282K - $295K
Est. Value
Linden Wood
4 beds • 1.5 baths • 1,968 sq ft
Last Sold: $169K in 2003 • Built: 1975
$263K - $272K
Est. Value
3 beds • 1.5 baths • 2,334 sq ft
Last Sold: $126K in 2012 • Built: 1996
$267K - $278K
Est. Value
3 beds • 1.5 baths • 2,686 sq ft
Last Sold: $159K in 2016 • Built: 2002
$256K - $265K
Est. Value
4 beds • 1.5 baths • 1,924 sq ft
Last Sold: $275K in 2023 • Built: 1989
$269K - $281K
Est. Value
I65-South Emerson
3 beds • 2 baths • 2,382 sq ft
Last Sold: $293K in 2021 • Built: 1999
$221K - $230K
Est. Value
3 beds • 2 baths • 1,635 sq ft
Last Sold: $158K in 2015 • Built: 1979
$364K - $376K
Est. Value
4 beds • 2.5 baths • 1,856 sq ft
Last Sold: $320K in 2023 • Built: 1977
$355K - $365K
Est. Value
Near Northside
3 beds • 2 baths • 1,567 sq ft
Last Sold: $149K in 2003 • Built: 1994