There are tons of reasons why it's good to buy real estate in Indiana. For one, the home prices here are much lower, making it practical for families and even real estate investors to buy homes at an affordable price.
No wonder Indiana is growing in popularity as a real estate investment hub; other than affordable housing, it's known for its strong economy, excellent universities, and excellent growth. So, if you're looking for a home for sale in Indianapolis, below are good areas for real estate investment.
Here are the ten good areas for real estate investment that you need to know if you want to invest in Indiana:
Downtown Indianapolis draws families and young professionals due to its thriving companies, vibrant nightlife, and many cultural attractions. Due to the area's strong demand and low vacancy rates, investing in condos or flats here can result in substantial rental revenue.
Broad Ripple Village is a sanctuary for millennials because of its thriving artistic community and diverse eateries and businesses. The distinct appeal of this area and its robust rental market make it a great place to invest in real estate.
Fountain Square has changed dramatically from a forgotten area. Today, it's a trendy neighborhood with a booming arts scene and many new restaurants and stores. As the area gentrifies, fixer-uppers can yield high profits.
Carmel is one of the best areas to live in the U.S. due to its excellent schools, minimal crime, and good quality of life. This upscale area has single-family houses with regular rental income and appreciation potential.
Fishers, a family-friendly town with outstanding schools and a robust employment market is another highly regarded suburb. This neighborhood is a good place to invest in real estate because of the increased house demand.
Zionsville is a delightful tiny town with a feeling of an ancient village. Wealthy families are drawn to the area by the high-end mansions, top-notch schools, and low crime rates, allowing investors to enter the luxury property market.
Meridian-Kessler is one of Indianapolis' most desired neighborhoods because of its historic homes and tree-lined avenues. The robust housing market and great demand in this area make investing profitable.
Greenwood, a suburb of Indianapolis, has a robust rental market and affordable housing. Its convenient location in downtown Indianapolis makes it a desirable alternative for commuters and a wise real estate investment.
Westfield is a rapidly expanding community with a robust housing market. Because of its consistent growth and generally high standard of living, the area is an attractive prospect for real estate investment.
Noblesville is a well-liked option for families due to its charming downtown, distinguished educational system, and robust labor market. Investing in this neighborhood has the potential to generate reliable rental income in addition to capital appreciation.
Indianapolis has many real estate investment opportunities. Each community provides investors with various possibilities, from downtown to the lovely outskirts. This dynamic city offers excellent opportunities for condo, single-family, and fixer-upper investors.
Need help finding the best real estate investment? Let our experts help you!
RE/MAX Advanced Realty has been the top RE/MAX team in Indiana for 12 years, and we couldn't have done that without our top-notch realtors.
So if you need help buying a real estate in Indiana or even selling your home, we are confident that our real estate services can help you.
Talk to us today by calling 317-316-8224 to learn more!
Indianapolis has family-friendly suburbs, but a few repeat offenders stand out. Suburbs in Indianapolis, like Fishers, Zionsville, Carmel, and Greenwood, are ideal places to raise a family. Most suburbs of Indianapolis, Indiana, are huge, and not everyone wants shopping and movie theaters.
But which suburbs in Indianapolis are quieter, smaller, and still suitable for raising a family? Below are the family-friendly suburbs of Indianapolis, Indiana, which are great if you're searching for a rural lifestyle, a lakeside community, or developments with a little more room.
Indianapolis residents who wish to feel like they don't live in the suburbs will love New Palestine. This rustic, open area is called "New Pal" by locals. New Palestine is a great area to reside in an agricultural setting and increase your land.
Those seeking the county-adjacent front porch swing lifestyle must forego some conveniences. In New Pal, nothing is within walking distance. There's nothing within a few minutes' drive. Although New Palestine has limited conveniences, you can get what you need. The town has grocery stores, clinics, and other necessities, but you must go to a larger city for comprehensive shopping.
New Palestine has an excellent school system. Though small, these schools are good. Many Hancock County students attend New Palestine High School even though they don't reside there. New Palestine is a safe, family-friendly suburb that appreciates the simple things in life.
Population growth in Bargersville. As far south as the Indy Metro Area can go, this family-friendly suburb of Indianapolis is. Bargersville is farther south than Greenwood but still has much to offer: good schools, lovely residences, and exciting things to do almost year-round.
Outdoor lovers love Bargersville. South of the Mighty Ohio River on Indiana's southern border, undulating hills and lush forests replace central Indiana's plains. A nature lover's paradise is the Hoosier National Forest and Brown County State Park south of Bargersville. Bargersville, Indiana, feels like the woods with fishing, camping, hiking, and great mountain biking trails.
West of Brownsburg, IN, Pittsboro is a lovely suburb of Indianapolis. Pittsboro is smaller than Bargersville or New Palestine but has 3,500 residents. Residents in Pittsboro enjoy a quieter lifestyle yet have all the facilities of Brownsburg, one of Indianapolis' largest suburbs. Although rural and open, Pittsboro is adjacent to Eagle Creek State Park, making it a good compromise between New Palestine and Bargersville.
Choosing public education in Pittsboro means sending your kids to Brownsburg High School. Although vast, this school's evaluations speak for themselves. Brownsburg High School is an excellent choice for your kids, with many activities, athletics, and organizations.
McCordsville and Fishers are often mistaken as the same, but it's not since it's smaller and quieter.
Being close to Fisher allows McCordsville to have suburban and rural vibes while being one of the fastest-growing in the Indy Metro location.
The Geist Reservoir is a significant benefit of this modest, family-friendly community. One of Central Indiana's most prominent attractions, this stunning water feature has over 1,900 acres of water. Residents near the reservoir enjoy fishing, boating, swimming, and aqua fun, letting them enjoy lake life. This location explodes in summer, so be prepared to welcome a more significant population if you move here.
Cicero is a drive on the northern end of Indy if you work downtown or frequent the city. Despite being an overlooked suburb, its merits outweigh its cons.
Cicero has several fantastic school districts, depending on where you live. In most Indianapolis suburbs, public schools are well-ranked. It also offers a love of the outdoors in Cicero Red Ridge Park.
There's a busy scene in downtown Cicero. Recently, Cicero's newly revitalized downtown has become charming and none of the other little suburbs have a golf course like what they have. Although smaller than Indianapolis' suburbs, this area has a little of everything.
Did we miss anything? Which suburbs in Indiana do you like the most? Feel free to share them in the comment section!
Autumn in Indiana is magical. It has something special that makes us yearn for it after a long, hot summer. The fall season is one of the most beautiful times of the year, and it hosts many festivals to celebrate.
Other than the lovely weather, the local events happening this time are one of the most anticipated things in the Hoosier State.
The following are some of the popular Indiana autumn festivals -- ones you cannot say no to.
The Garden of Newfields hosts an incredible autumn-themed array of fun, games, and other activities from the first to the last day of October (October 1st through October 30th). A creepy ghost train, a bright jack-o'-lantern path, food and drinks, and plenty of activities at Mischief Manor can all be found in this location.
It is one of the most enjoyable events for families that you don't want to miss. A range of pricing options are available, and the performance opens at 7:30 p.m. each night.
ZooBoo is a great tradition held by the Indianapolis Zoo. From September 27th through October 31st, 2023, people can enjoy a live DJ, magic acts, a mirror maze, and more.
The event's fee is included in the admission of non-members while it is free for the zoo members. A grown-up trick-or-treat path runs from 5 to 8 p.m. on Fridays and Saturdays.
The beautiful Parke County Covered Bridge event is a fantastic celebration that serves as a reminder of Indiana's history, present, and future. It is also the most significant event in the state of Indiana.
The most well-known covered bridge festival in the United States of America is an essential part of autumn and cannot be skipped. It hosts lots of opportunities to eat and shop and is a great Indiana event for the entire family. Since the celebrations will continue from the 13th to the 22nd of October, you can spread out the visits to each location.
Participate in the activities at Anderson Orchard from the 30th to the 1st of October. This year's festival will feature more than one hundred different vendors.
The apples in the orchard will be hand-picked, and there will also be a petting zoo and face painting available. The children even have access to a playground and a climbing structure made of straw.
This one is entertaining for all family members, although it is most likely best suited for families with children aged 12 and up.
In the fall season, Conner Prairie hosts its annual Headless Horseman Festival. At this event, visitors can immerse themselves in the eerie world of the well-known horror story concerning --- you guessed it --- a horseman without his head.
From the 5th to the 29th of October, every Thursday through Sunday from 6 p.m. to 10 p.m. there will be an abundance of events and shenanigans.
Be prepared to have a good time because fortune-telling and other carnival-style activities, games, and rides will be there.
Now that we've got that out of the way, here are five of the most popular Indiana autumn festivals to get you in a seasonal mood and make fall even more enjoyable.
Did we miss anything? If yes, feel free to drop your favorite Indiana autumn events below!
Are you on the hunt for your dream home? Look no further! We have just released a stunning lineup of new listings for September 2023 that are sure to catch your eye. From spacious family homes to cozy condos, there's something for everyone in this selection. Let's dive into the details of these fantastic properties and see if your dream home awaits.
First up is a charming two-story home in Indianapolis. This 3-bedroom, 2.5-bath gem boasts 3,024 sq ft of living space, ensuring plenty of room for your family. Situated in a peaceful cul-de-sac, this home offers privacy and tranquility. Inside, you'll find a newly updated kitchen with granite countertops and ample cabinet space. The cozy fireplace in the great room is perfect for chilly evenings, and the master bedroom features a walk-in closet. Enjoy a fenced backyard with a lovely pond view. With a little TLC, this home is ready to be your perfect oasis.
If low-maintenance living is your style, look no further than this immaculate home in Avon. Located in the peaceful neighborhood of Grant Park, this property features an entryway level with the ground, making it completely step-free. Inside, the open floor plan, wide doorways, 9ft ceilings, and ample lighting create a spacious and inviting atmosphere. The kitchen stands out with granite countertops, 42-inch cabinets, under-cabinet lighting, and a pantry. The master bedroom boasts an ensuite with double sinks and a walk-in shower. Additional rooms include a guest bedroom, dining room, office, and sunroom. The large covered front patio and rear patio provide perfect spots for relaxation.
Enjoy peaceful living in the prestigious Carmel Clay School district with this delightful 3-bedroom, 2-bathroom ranch home. Situated on a generous lot, this property offers ample space for outdoor enthusiasts and those in need of extra storage. The updated master bathroom and included appliances make it move-in ready. Plus, with no HOA, you have the freedom to personalize your space. Located near the Monon Trail, outdoor adventures and tranquil strolls are just steps away.
This 4-bedroom, 3-bathroom brick/wood 2-level home in Perry Township has many surprises in store. The upper level features newer laminate flooring throughout and an updated kitchen with butcher block countertops, newer lower cabinets, tile backsplash, and stainless steel appliances. The lower level has been converted into in-law quarters/apartment with a private entry, a large family room/kitchen, and a spacious backyard with a pool and two barns.
Discover your dream home in this beautiful 3-bedroom, 2-bathroom gem boasting a split floor plan for privacy and comfort. Recent updates include cabinets, sink, faucet, hardware, and a tile backsplash in the kitchen. The spacious primary bedroom features an ensuite bathroom and a generous walk-in closet. The sunroom adds versatility to your living space, perfect for additional dining or simply unwinding while taking in the view. This home has been meticulously cared for with recent upgrades including HVAC and a roof replacement. This is your opportunity to call this place home.
This cute one-owner ranch is ready for its new owner! With 3 bedrooms, 2 bathrooms, a great room with cathedral ceilings, and a wood-burning fireplace, it's a cozy and welcoming space. The kitchen appliances and water softener are included. Outside, you'll find a cute front porch and a deck in the fenced yard. Updates include a water heater, garbage disposal, bathroom fixtures, gutters, roof, and lighting.
If you're seeking a move-in-ready condo with beautiful water views, look no further. This home features 3 bedrooms, 1.5 bathrooms, and a 1-car attached garage. Enjoy the large rear patio overlooking the community lake, and don't forget about the neighborhood pool. An amazing opportunity in a convenient location.
This super cute 3-bedroom home is located on a cul-de-sac with a nice, private fenced backyard. Laminated hardwoods throughout the kitchen, nook, great room, and hall create a warm and inviting atmosphere. Enjoy sitting on your front porch or having a fire and a cookout in the backyard. With recent updates like HVAC and appliances, this home is move-in ready.
This 1-level attached home is not in an Over 55 Community but is in an Estate. Located near downtown Greenwood, it features 2 bedrooms, 2 full bathrooms, a U-shaped kitchen with a breakfast bar and pantry, breakfast/nook area, and a living/family room with a wood-burning fireplace and vaulted ceiling. The kitchen and breakfast/nook area have beautiful hardwood floors. The outside has just been freshly painted, and there's a privacy fence in the backyard.
Investment Opportunity! This home offers 3 spacious bedrooms, 2 full bathrooms, and a deck for entertaining. It's a fixer-upper with great potential and is just minutes from historic Irvington and Fountain Square. Home is being sold AS-IS.
1332 E Gilbert St, Muncie, IN 47305
This charming fully renovated three-bedroom, 1.5-bath ranch home is situated on nearly half an acre of land. Freshly painted and move-in ready, it boasts an open floorplan concept, vinyl hardwood floors, and a separate dining and living room area. The updated kitchen includes new cabinets, countertops, and stainless steel appliances. With new windows, plumbing, roof, siding, and more, this home is ready for you to move in.
922 E 7th St, Muncie, IN 47302
Introducing this beautifully updated home with four spacious bedrooms, two full bathrooms, and a 2-car garage. Recent updates include new flooring, countertops, carpet, and backsplash. The grandeur of vaulted ceilings in the fourth bedroom creates an open and airy atmosphere. The full basement is equipped with 2 sump pumps, a gas furnace, and a gas water heater. The roof was replaced in 2020, and a sewage line was installed in 2022. The A/C unit and furnace are older but in good working condition.
Welcome to this beautifully updated two-bedroom, one-bathroom home with a charming fence and a spacious backyard. The open-concept design creates a seamless flow between the living and kitchen area. This property offers new countertops, cabinets, backsplash, light fixtures, vanity, water heater, and more. With all the updates and improvements, this home is ready for you to move in and start making memories.
If any of these properties caught your eye, don't hesitate to reach out to our dedicated agents for more information and to schedule a showing. If none of these homes fit your criteria, don't worry! RE/MAX Advanced Realty can customize a search for you and show you any home in Central Indiana and its surrounding areas. Your dream home may be just a call away. Don't miss this opportunity to find the perfect place to call your own. Contact our dedicated agents today and let us help you make your real estate dreams come true!
It is simply a matter of being familiar with Indiana to determine whether or not it is a good decision to relocate there. This guide will help you get familiar with the state and determine whether Indiana is an appropriate area for you to reside.
Before you move to Indiana, you probably want to know how much money people in Indiana make. According to the latest recent data, the average wage in Indiana is over $47,000, and the average household income is around $55,000. Personal per capita income in Northwest Indiana is somewhat less than $46,000. The average salary in Indiana's capital, Indianapolis, is over $52,000, 10% higher than the state average. Learn more about the typical Indiana income across the state.
The state's job market provides an answer to the issue of why relocate to Indiana. Indiana is home to small, medium, and large firms. Indiana's key sectors include agriculture, energy, manufacturing, steel production, healthcare, and professional services. Manufacturing employs around 17% of all nonfarm employment. Major corporations are concentrated in medium and bigger cities. One of the advantages of relocating to Indiana is that the state has a lower unemployment rate than the national average.
Certain industries in Indiana are heavily concentrated in tiny geographic areas, which is a distinctive feature of the state's economy. Northwest Indiana, for example, is home to some of the major steel mills in the United States. More than half of the blast furnace capacity in the United States is located in Lake and Porter Counties.
Another example is that 80% of recreational vehicles (RVs) manufactured in the United States are constructed in Northeastern Indiana, in places like Goshen. Elkhart County is known as the "RV Capital of the World," whereas Warsaw, Indiana is known as the "Orthopedic Capital of the World" due to the presence of three large orthopedic medical equipment firms.
Here are some more details on the Indiana job market:
The population of Indiana is increasing. Indiana now has a population of approximately 6.79 million people. This is a 300,000 increase over 2010. More information about Indiana's current population can be found here. In addition, the Indiana University Kelly School of Business publication INContext offers an excellent chapter on Indiana's predicted population growth until 2050.
Many surveys have placed Indiana as one of the most affordable states to live in. Yes, our wages may be slightly lower than those in other states. We make up for it, however, with a low state-income tax rate, constitutionally protected property tax caps, near access to important resources, and a competitive business environment that welcomes new companies.
According to U.S. News & World Reports, Indiana is the third cheapest state. If you search the internet for this question, you will most likely discover multiple studies ranking Indiana as one of the top ten most affordable states.
The four seasons have been experienced in every section of the state. Winter, on the other hand, is a wildcard. Temperatures in the spring and fall are mild, with highs in the 50s and 60s and lows in the 40s. Summer brings days in the 70s, 90s, and even over 100 degrees. Winter is a wild card.
Indiana is a large state that stretches for 250 miles from north to south. The southern portion experiences snow and cold in the winter, as does the center section, albeit slightly more and slightly colder. Northern Indiana, on the other hand, has all the hallmarks of a hard midwestern winter.
Lows in the teens and single digits are common in Northern Indiana throughout the winter. Temperatures below zero are not uncommon. Northern Indiana has the most snow, and there is a phenomenon known as lake effect snow in a few select areas.
In essence, snow bands form off of a huge body of water, like Lake Michigan, and, if conditions are ideal, these bands will dump snow on a region. I have always resided in northern Indiana, which is one of the select locations where this occurs occasionally each year. Sincerely, there was a time when my neighborhood had a 20-inch snowfall in a single day. They had five inches at two miles. They had none five kilometers distant.
The educational system of Indiana is strong. In Indiana, approximately 87% of students complete high school. Of those, over 63% enroll in colleges right away. You may get more information on Indiana's schools here. The Indiana Department of Education works hard to make information about the state's public schools readily available.
Indiana's colleges and universities are among the best in the country. In the past, Purdue University excelled in the sciences and math, producing generations of graduates. Indiana University, Notre Dame, Ball State, Butler, and Valparaiso University are a few of the state's other prestigious universities.
These are just some of the basic things about Indiana. In our next post, we'll learn more about this beautiful Hoosier State.
Just twelve miles south of Indianapolis, the growing city of Greenwood is a lovely town to call home. Families love Greenwood because of its small town feel, its proximity to big city amenities, and its excellent schools, parks, and culture. Greenwood real estate is an excellent investment as the area's housing market continues to climb. While the area was hit hard by a number of foreclosures over the last several years, demand for property in this beautiful town continues to steadily rise.
Many people who work in Indianapolis choose to live in Greenwood. The city has a wonderful community feel that is more inviting than the big city while still offering excellent proximity to city nightlife, culture, and sporting events. That said, people don't have to leave Greenwood to have a great time with their family or friends. The city has fourteen beautiful parks covering over 200 acres all together. These parks include the Children's Garden Park; Surina Square Park, home to the Greenwood Community Center; and University Park, a sprawling 40 acre park filled with basketball courts, walking trails, a playground, and public grills.
Greenwood also has a quaint Old Town area with locally-owned shops, excellent dining options, and great shopping. Old Town has an excellent farmer's market during the summer months and an annual Greenwood Freedom Festival at the end of June to celebrate Independence Day with food, fireworks, a parade, and countless family activities.
Homes in this Indianapolis suburb are more affordable than other areas like Zionsville and Carmel. In fact, Trulia reports that the average listing price is around $207,000 and over 700 homes are currently for sale in this town, including homes in foreclosure and bank-owned homes. Over the last year, home values have gone up in Greenwood, and it looks as though the trend should continue.
Whether people are looking to buy properties at excellent rates or would like to sell their homes, speaking with a Greenwood realtor is a great place to start. Those who would like expert guidance throughout the Indianapolis real estate process should call RE/MAX Advanced Realty at 317.298.0961. With an experienced Indianapolis realtor on-hand, people will have an easier time navigating through home purchases and sales in the Greenwood, Indiana community.
8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224
