409 Parkway Ave · Indianapolis city (balance), IN 46225

$155,000

3 bd · 1.0 ba · 1,459 sqft · SingleFamily public records · 366 Days on market

Built 1952 3,311 sqft lot $106/sqft · 45% below area

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.0/30.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• DSCR +6.7/10.0
• Rent growth +5.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

Key facts

• 3,311 sq ft lot
• Built 1952
• Listed 365 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $219 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 4.4% in Indianapolis city (balance) — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Indianapolis Public Schools (urban): math 14% / reading 20% proficiency, ranked #286 of 301 in IN (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+11.0%/yr); 131 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,906 units permitted in Marion County in 2024 (621 in 5+ unit buildings).
• This rent runs 39% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Marion County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $43k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 366 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $60k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $128k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 366 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.17% ✓
• Cap rate: 7.99%
• Cash-on-cash: 6.06%
• DSCR: 1.27
• GRM: 7.1

CMA / ARV

• ARV (median comp): $371,073
• List price: $155,000
• Delta: -58.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
711 Terrace Ave	0.21mi	3/2.0	1,475 (+1%)	1mo	$323,500	$219	84
1250 Union St	0.39mi	3/1.5	1,440 (-1%)	1mo	$200,000	$139	77
726 Sanders St	0.26mi	3/2.0	1,404 (-4%)	3mo	$330,000	$235	75
619 Prospect St	0.28mi	3/1.5	1,564 (+7%)	1mo	$264,000	$169	72
1202 Hartford St	0.43mi	3/3.5	1,480 (+1%)	2mo	$330,000	$223	66
746 Parkway Ave	0.27mi	3/2.0	1,628 (+12%)	2mo	$251,000	$154	62
35 Iowa St	0.53mi	3/2.5	1,400 (-4%)	2mo	$239,000	$171	61
1750 Olive St	0.72mi	3/1.0	1,484 (+2%)	3mo	$97,000	$65	61
706 E Minnesota St	0.34mi	3/3.5	1,589 (+9%)	3mo	$202,000	$127	57
225 E Minnesota St	0.34mi	2/1.0 (-1)	1,270 (-13%)	1mo	$185,000	$146	57
1869 New St	0.59mi	3/2.0	1,280 (-12%)	1mo	$337,000	$263	48
1034 Elm St	0.74mi	3/2.0	1,587 (+9%)	0mo	$385,000	$243	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -0.8%
• Equity multiple: 0.97×
• Total profit: $-1,464
• Equity at exit: $23,111

10-year hold

• IRR: 13.9%
• Equity multiple: 2.40×
• Total profit: $60,792
• Equity at exit: $13,402

Cash invested: $43,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46225

• Home prices YoY: -8.2%
• Rents YoY: 11.0%
• Active inventory: 131
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,814 high
• Mortgage (P&I): −$813
• Tax from tax record: −$337 /mo · $4,041/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $219

Break-even live

Break-even rent $1,537

Max offer price $155,000

Occupancy floor 83%

Sensitivity live

Price	-10% $307	-5% $263	+0% $219	+5% $175	+10% $131
Rent	-10% $76	-5% $147	+0% $219	+5% $291	+10% $362
Rate	-1.0pp $297	-0.5pp $258	base $219	+0.5pp $179	+1.0pp $138

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
406 Orange St Indianapolis, IN	3.0	2.5	1820	$2,250	$1.24	44d	1	0.07mi
1407 S Alabama St Indianapolis, IN	2.0	1.0	949	$1,150	$1.21	44d	1	0.09mi
1409 S Alabama St Indianapolis, IN	2.0	1.0	949	$1,245	$1.31	44d	1	0.10mi
243 Terrace Ave Indianapolis, IN	4.0	2.0	1669	$2,700	$1.62	18d	1	0.11mi
1436 S New Jersey St Unit A Indianapolis, IN	3.0	2.5	1300	$2,100	$1.62	24d	1	0.13mi
614 Parkway Ave Indianapolis, IN	3.0	2.0	1360	$1,900	$1.40	23d	1	0.16mi
1439 South East St Indianapolis, IN	2.0	2.0	1114	$1,425	$1.28	21d	1	0.16mi
1437 S East St Indianapolis, IN	2.0	2.0	1114	$1,425	$1.28	44d	1	0.16mi
704 Sanders St Indianapolis, IN	2.0	1.0	1290	$1,275	$0.99	24d	1	0.22mi
726 Parkway Ave Indianapolis, IN	3.0	2.0	1150	$2,195	$1.91	18d	1	0.24mi
728 Cottage Ave Indianapolis, IN	3.0	2.5	1831	$2,550	$1.39	24d	1	0.25mi
518 Prospect St Unit 1357365P Indianapolis, IN	3.0	2.0	1614	$2,594	$1.61	8d	1	0.27mi
518 Prospect St Unit 1353834P Indianapolis, IN	3.0	2.0	1603	$2,442	$1.52	15d	1	0.27mi
752 Cottage Ave Indianapolis, IN	3.0	2.0	1548	$1,750	$1.13	15d	1	0.29mi
512 E Minnesota St Unit 203 Indianapolis, IN	2.0	1.0	903	$1,195	$1.32	24d	1	0.30mi
736 E Morris St Indianapolis, IN	2.0	1.5	1500	$1,195	$0.80	5d	1	0.30mi
1247 Wright St Indianapolis, IN	3.0	1.5	1247	$1,750	$1.40	18d	1	0.31mi
1247 Wright St Indianapolis, IN	3.0	1.5	1809	$1,750	$0.97	44d	1	0.31mi
835 Weghorst St Unit 837 Indianapolis, IN	3.0	1.5	1500	$1,399	$0.93	24d	1	0.37mi
224 Iowa St Indianapolis, IN	3.0	1.0	1254	$1,450	$1.16	24d	1	0.38mi
1713 S Delaware St Indianapolis, IN	2.0	2.0	1785	$1,700	$0.95	44d	1	0.40mi
714 Buchanan St Indianapolis, IN	2.0	2.0	1100	$1,995	$1.81	15d	1	0.43mi
1514 Ringgold Ave Indianapolis, IN	3.0	1.0	1064	$1,295	$1.22	44d	1	0.45mi
1830 Orleans St Indianapolis, IN	3.0	2.5	1586	$1,995	$1.26	44d	1	0.46mi
907 Prospect St Unit 907 Prospect NO AMI Indianapolis, IN	3.0	1.5	1121	$1,400	$1.25	24d	1	0.47mi
1756 S Delaware St Unit 1754 Indianapolis, IN	3.0	2.0	1014	$1,300	$1.28	15d	1	0.47mi
1756 Delaware St Indianapolis, IN	3.0	2.0	1014	$1,300	$1.28	44d	1	0.47mi
1833 Orleans St Unit 1 Indianapolis, IN	3.0	1.0	1260	$1,350	$1.07	44d	1	0.48mi
932 E Morris St Indianapolis, IN	2.0	2.0	1483	$1,900	$1.28	4d	1	0.48mi
438 E Beecher St Indianapolis, IN	3.0	2.5	1500	$1,450	$0.97	24d	1	0.50mi
944 E Minnesota St Indianapolis, IN	2.0	2.0	944	$1,299	$1.38	44d	1	0.50mi
1024 Orange St Indianapolis, IN	2.0	2.0	1007	$1,650	$1.64	44d	1	0.51mi
1026 Orange St Indianapolis, IN	2.0	2.0	1007	$1,600	$1.59	17d	1	0.51mi
620 E Beecher St Indianapolis, IN	3.0	2.0	1072	$1,639	$1.53	21d	1	0.53mi
1035 Sanders St Unit 163 Indianapolis, IN	2.0	1.0	1481	$1,921	$1.30	44d	1	0.54mi
1045 Orange St Indianapolis, IN	2.0	1.0	1232	$2,200	$1.79	44d	1	0.55mi
1045 Orange St Indianapolis, IN	2.0	1.0	1232	$2,000	$1.62	24d	1	0.55mi
1819 Union St Unit 1817 Indianapolis, IN	3.0	2.0	1020	$1,199	$1.18	44d	1	0.56mi
1012 Prospect St Unit 1527 Indianapolis, IN	3.0	1.5	1150	$1,200	$1.04	44d	1	0.57mi
1012 Prospect St Unit 907 Prospect NO AMI Indianapolis, IN	3.0	1.5	1121	$1,400	$1.25	44d	1	0.57mi

Listing history 30 events

1. 2026-06-21
   days on market $155,000 Active 366 DOM
2. 2026-06-18
   days on market $155,000 Active 363 DOM
3. 2026-06-17
   pricedays on market $155,000 Active 362 DOM
4. 2026-06-16
   days on market $160,000 Active 361 DOM
5. 2026-06-15
   days on market $160,000 Active 360 DOM
6. 2026-06-13
   days on market $160,000 Active 358 DOM
7. 2026-06-13
   days on market $160,000 Active 357 DOM
8. 2026-06-09
   days on market $160,000 Active 354 DOM
9. 2026-06-08
   days on market $160,000 Active 353 DOM
10. 2026-06-07
    days on market $160,000 Active 352 DOM
11. 2026-06-03
    days on market $160,000 Active 348 DOM
12. 2026-06-02
    days on market $160,000 Active 347 DOM
13. 2026-06-01
    days on market $160,000 Active 346 DOM
14. 2026-05-31
    days on market $160,000 Active 345 DOM
15. 2026-04-13
    status Active 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

16. 2026-03-23
    status Pending 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

17. 2026-02-25
    price $160,000 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

18. 2026-02-06
    price $170,000 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

19. 2025-09-30
    status Active 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

20. 2025-09-29
    historical 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

21. 2025-08-01
    price $195,000 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

22. 2025-07-09
    price $200,000 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

23. 2025-05-29
    listed $215,000 Active 934-char remark

    Show marketing remark (934 chars)

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.

24. 2022-09-02
    historical
25. 2022-09-02
    status Active
26. 2022-03-18
    status Pending
27. 2022-03-09
    status Active
28. 2022-03-07
    status Pending
29. 2022-03-02
    listed $169,900 Active
30. 2021-12-20
    soldstatus $128,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $4,041 · $337/mo
• Projected year-2 tax: $4,041 · $337/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,770
• − Mortgage interest: −$8,682
• − Property taxes: −$4,041
• − Insurance: −$775
• − Repairs & maintenance: −$1,742
• − Management: −$1,742
• − Depreciation: −$4,509
• Taxable income: $279
• Est. tax owed @ 24.0%: −$67
• After-tax cash flow: $2,561/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Indianapolis Public Schools
• NCES district ID: 1804770
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 20% ▼ -3.00%
• Median HH income: $32,034
• Composite: 13.69/100
• National rank: #9499
• State rank: #286 of 301 in IN

Livability — Indianapolis city (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Indianapolis city (balance), IN
• County: Marion County · 998,460 people
• City population: 881,119
• Metro: Indianapolis-Carmel-Anderson, IN
• Population (ZIP): 6,037
• Household income: $55,190
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 311.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 1,025,572 people
• By 2030: 1,065,727 · +3.9%
• By 2040: 1,141,577 · +11.3%
• By 2050: 1,208,920 · +17.9%
• By 2075: 1,367,288 · +33.3%
• By 2100: 1,438,201 · +40.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Two or more races 12% Black 11% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 2% Italian 2% Slovak 1%
• Foreign-born: 9% · Canada
• Languages at home: 88% English-only · Spanish 10% German/W. Germanic 1%

Political lean MEDSL · Marion

• 2024 margin: Strong D (+27.7) · D 63.0% · R 35.3% · Other 1.7%
• 2008→2024 swing: -0.7pp no change · 2008: 28.4pp · 2024: 27.7pp
• All cycles: 2024: D+27.7 2020: D+29.1 2016: D+22.8 2012: D+22.2 2008: D+28.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -36.19%
• Current HPI: 403.9271
• Rent YoY: ▲ 10.98%
• Metro: Indianapolis-Carmel-Anderson, IN
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+25.0% since first listed

16 events — show timeline

• 2026-04-13 Relisted — MIBOR as Distributed by MLS Grid
• 2026-03-23 Pending — MIBOR as Distributed by MLS Grid
• 2026-02-25 Price Changed $160,000 MIBOR as Distributed by MLS Grid
• 2026-02-06 Price Changed $170,000 MIBOR as Distributed by MLS Grid
• 2025-09-30 Relisted — MIBOR as Distributed by MLS Grid
• 2025-09-29 Listing Removed — MIBOR as Distributed by MLS Grid
• 2025-08-01 Price Changed $195,000 MIBOR as Distributed by MLS Grid
• 2025-07-09 Price Changed $200,000 MIBOR as Distributed by MLS Grid
• 2025-05-29 Listed $215,000 MIBOR as Distributed by MLS Grid
• 2022-09-02 Listing Removed — MIBOR as Distributed by MLS Grid
• 2022-09-02 Relisted — MIBOR as Distributed by MLS Grid
• 2022-03-18 Pending — MIBOR as Distributed by MLS Grid
• 2022-03-09 Relisted — MIBOR as Distributed by MLS Grid
• 2022-03-07 Pending — MIBOR as Distributed by MLS Grid
• 2022-03-02 Listed $169,900 MIBOR as Distributed by MLS Grid
• 2021-12-20 Sold (Public Records) $128,000 Public Records

Property tax history

+10.8%/yr

Latest (2025): $4,041 · -47.2% YoY. Source: county tax records.