House Prices

Admirals Bay Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$297,583
average size per house2637 ft²
average price per ft²117 $ / ft²

04/15/2026 - The value range (VR) for house prices in Admirals Bay Indianapolis, IN is $111.15/ sqft to $122.85/ sqft. An average home with 2637 sqft costs approximately $302,189 to $333,999. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46236, while the highest are in ZIP 46236. The average price per sqare feet is $117. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Admirals Bay Indianapolis

46236123 $ / ft²




Historical development of home values in Admirals Bay Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $138,203 -53.6%
2011 $132,859 -55.4%
2012 $132,501 -55.5%
2013 $137,453 -53.8%
2014 $144,288 -51.5%
2015 $151,694 -49.0%
2016 $159,610 -46.4%
2017 $168,225 -43.5%
2018 $177,525 -40.3%
2019 $185,757 -37.6%
2020 $195,360 -34.4%
2021 $222,200 -25.3%
2022 $259,036 -13.0%
2023 $273,165 -8.2%
2024 $288,968 -2.9%
2025 $297,583 0.0%

Graph: estimated home values in Admirals Bay Indianapolis over time (USD)



Example: 100% financing house in Admirals Bay Indianapolis

Loan amount: $297,583

Interest rate: 6.19%

Fixed monthly payment: $1,819.90

Breakdown in the 1st month:
Interest portion: $1,534.04  –  Principal portion: $285.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,309.54 $3,529.28 $294,053.72
2 $18,084.92 $3,753.90 $290,299.83
3 $17,846.00 $3,992.81 $286,307.02
4 $17,591.88 $4,246.93 $282,060.09
5 $17,321.59 $4,517.22 $277,542.87
6 $17,034.09 $4,804.72 $272,738.15
7 $16,728.30 $5,110.51 $267,627.64
8 $16,403.04 $5,435.77 $262,191.87
9 $16,057.09 $5,781.72 $256,410.15
10 $15,689.11 $6,149.70 $250,260.45
11 $15,297.72 $6,541.09 $243,719.36
12 $14,881.42 $6,957.39 $236,761.97
13 $14,438.62 $7,400.19 $229,361.77
14 $13,967.64 $7,871.17 $221,490.60
15 $13,466.68 $8,372.13 $213,118.47
16 $12,933.84 $8,904.97 $204,213.50
17 $12,367.09 $9,471.72 $194,741.78
18 $11,764.27 $10,074.54 $184,667.24
19 $11,123.08 $10,715.73 $173,951.51
20 $10,441.09 $11,397.73 $162,553.78
21 $9,715.69 $12,123.13 $150,430.66
22 $8,944.12 $12,894.70 $137,535.96
23 $8,123.44 $13,715.37 $123,820.59
24 $7,250.54 $14,588.28 $109,232.32
25 $6,322.07 $15,516.74 $93,715.58
26 $5,334.52 $16,504.29 $77,211.29
27 $4,284.12 $17,554.70 $59,656.59
28 $3,166.86 $18,671.95 $40,984.64
29 $1,978.49 $19,860.32 $21,124.32
30 $714.49 $21,124.32 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Admirals Bay Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$218,939$465,741
Ø fast selling$199,035$419,167
Ø high price sale$238,842$512,315

In 2026, houses in Admirals Bay Indianapolis, IN will be offered at an average price of $117 per square foot. A 1,500 sqft home priced at $218,939 is 23.71% more expensive per square foot than a 3,900 sqft home priced at $465,741. Home prices in Admirals Bay Indianapolis, IN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $322,436. Sellers who can wait longer may achieve a higher price of up to $394,089.


Admirals Bay Neighborhood Guide in Indianapolis, IN

Location & Lifestyle

Located on the northeast side of Indianapolis near Geist Reservoir, Admirals Bay is a serene, upscale neighborhood known for its wooded streets and cul-de-sacs. This Lawrence Township community offers quick access to the water, trails, and everyday conveniences, making it a popular choice for buyers seeking a balanced lifestyle in Indianapolis, IN. With a quiet, residential feel yet close to major corridors, the neighborhood blends privacy with connectivity.

Homes & Real Estate

Real estate in Admirals Bay features primarily custom-built single-family homes, many with spacious lots and mature trees. Buyers exploring homes for sale around Geist often appreciate the neighborhood?s classic architecture, updated interiors, and occasional waterfront or water-view opportunities near Geist Reservoir. Property values benefit from the area?s strong appeal, proximity to outdoor recreation, and the broader desirability of the Geist and 46236 zip code market.

Recreation & Amenities

Residents enjoy boating and paddle sports on Geist, easy trips to Geist Marina, and nearby parks such as Fort Harrison State Park and the Fall Creek Greenway.
Dining, coffee, and everyday shopping cluster along Fall Creek Road and 79th Street, keeping essentials close to home.

Schools & Access

Families are served by the MSD of Lawrence Township schools, with private and charter options available within a short drive. Commuters appreciate straightforward access to I-69, I-465, and key employers around Castleton and Fishers, while enjoying the peaceful, community-focused atmosphere of Admirals Bay.



FAQ – Home Values in Admirals Bay Indianapolis

What is the median home value in Admirals Bay Indianapolis in 2026?

In 2026, the typical home value in Admirals Bay Indianapolis is about $297,583 for an average home size of 2637 square feet. This corresponds to an average price of roughly $117 per square foot.

What is the average cost per square foot in Admirals Bay Indianapolis?

In 2026, homes in Admirals Bay Indianapolis sell for an average of around $117 per square foot, with a typical range between $111.15 and $122.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Admirals Bay?

The average home size in Admirals Bay Indianapolis is about 2637 square feet, with an estimated 2026 value around $297,583.



Neighborhoods close to Admirals Bay Indianapolis, IN

Nora Indianapolis, IN138 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
Downtown Goshen Goshen, IN84 $ / ft²
Bridgeport Indianapolis, IN108 $ / ft²
Lamb Lake Trafalgar, IN115 $ / ft²
University Park Greenwood, IN113 $ / ft²




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