House Prices

Butler Tarkington Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$161,906
average size per house1903 ft²
average price per ft²78 $ / ft²

04/15/2026 - The value range (VR) for house prices in Butler Tarkington Indianapolis, IN is $74.1/ sqft to $81.9/ sqft. An average home with 1903 sqft costs approximately $128,886 to $142,453. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46208, while the highest are in ZIP 46208. The average price per sqare feet is $78. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Butler Tarkington Indianapolis

4620853 $ / ft²




Historical development of home values in Butler Tarkington Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $75,192 -53.6%
2011 $72,284 -55.4%
2012 $72,090 -55.5%
2013 $74,784 -53.8%
2014 $78,503 -51.5%
2015 $82,532 -49.0%
2016 $86,839 -46.4%
2017 $91,526 -43.5%
2018 $96,586 -40.3%
2019 $101,065 -37.6%
2020 $106,289 -34.4%
2021 $120,893 -25.3%
2022 $140,934 -13.0%
2023 $148,621 -8.2%
2024 $157,219 -2.9%
2025 $161,906 0.0%

Graph: estimated home values in Butler Tarkington Indianapolis over time (USD)



Example: 100% financing house in Butler Tarkington Indianapolis

Loan amount: $161,906

Interest rate: 5.48%

Fixed monthly payment: $917.66

Breakdown in the 1st month:
Interest portion: $739.91  –  Principal portion: $177.75

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,824.49 $2,187.43 $159,718.57
2 $8,701.47 $2,310.45 $157,408.12
3 $8,571.53 $2,440.39 $154,967.73
4 $8,434.28 $2,577.64 $152,390.09
5 $8,289.32 $2,722.60 $149,667.49
6 $8,136.20 $2,875.72 $146,791.77
7 $7,974.47 $3,037.45 $143,754.32
8 $7,803.64 $3,208.27 $140,546.05
9 $7,623.21 $3,388.71 $137,157.34
10 $7,432.63 $3,579.29 $133,578.06
11 $7,231.33 $3,780.58 $129,797.47
12 $7,018.72 $3,993.20 $125,804.27
13 $6,794.14 $4,217.78 $121,586.49
14 $6,556.93 $4,454.98 $117,131.51
15 $6,306.39 $4,705.53 $112,425.98
16 $6,041.75 $4,970.17 $107,455.81
17 $5,762.23 $5,249.69 $102,206.12
18 $5,466.99 $5,544.93 $96,661.19
19 $5,155.14 $5,856.77 $90,804.42
20 $4,825.76 $6,186.16 $84,618.26
21 $4,477.85 $6,534.06 $78,084.20
22 $4,110.38 $6,901.54 $71,182.66
23 $3,722.24 $7,289.68 $63,892.99
24 $3,312.27 $7,699.64 $56,193.34
25 $2,879.25 $8,132.67 $48,060.67
26 $2,421.87 $8,590.05 $39,470.62
27 $1,938.77 $9,073.15 $30,397.47
28 $1,428.50 $9,583.42 $20,814.05
29 $889.53 $10,122.39 $10,691.67
30 $320.25 $10,691.67 $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 Butler Tarkington Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$129,395$275,259
Ø fast selling$117,632$247,733
Ø high price sale$141,159$302,785

In 2026, houses in Butler Tarkington Indianapolis, IN will be offered at an average price of $78 per square foot. A 1,500 sqft home priced at $129,395 is 21.02% more expensive per square foot than a 3,900 sqft home priced at $275,259. Home prices in Butler Tarkington 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 $190,564. Sellers who can wait longer may achieve a higher price of up to $232,911.


Butler-Tarkington Neighborhood Guide

Overview

Butler-Tarkington in Indianapolis, IN is a historic, tree-lined Midtown neighborhood known for its classic architecture and collegiate vibe.
Centered around Butler University, the community blends academic energy with residential charm and a strong neighborhood identity.

Location & Lifestyle

Located roughly between 38th and 56th Streets, with Meridian Street to the east and the Central Canal to the west, Butler-Tarkington offers a walkable layout close to city conveniences.
Residents enjoy the scenic Canal Towpath for biking and jogging, connecting them to nearby Midtown districts and downtown Indianapolis.

Education & Green Spaces

Butler University anchors arts and culture with Clowes Memorial Hall performances, campus museums, and year-round events open to the public.
Holcomb Gardens and the university green spaces provide peaceful spots for picnics, study breaks, and sunset strolls along the water.

Homes & Real Estate

The neighborhood?s real estate mix ranges from brick Tudors and American Foursquares to charming bungalows, attracting buyers seeking character and walkability.
Buyers browsing Butler-Tarkington homes for sale find established streets, mature trees, and an active market close to top schools and amenities.

Amenities & Commute

Dining and shopping cluster at 56th & Illinois and along Illinois Street, while Tarkington Park and nearby recreation centers add family-friendly appeal.
Commuters value quick access to downtown, Meridian Street, and I-65, and the Indianapolis location supports a connected, community-focused lifestyle.



FAQ – Home Values in Butler Tarkington Indianapolis

What is the median home value in Butler Tarkington Indianapolis in 2026?

In 2026, the typical home value in Butler Tarkington Indianapolis is about $161,906 for an average home size of 1903 square feet. This corresponds to an average price of roughly $78 per square foot.

What is the average cost per square foot in Butler Tarkington Indianapolis?

In 2026, homes in Butler Tarkington Indianapolis sell for an average of around $78 per square foot, with a typical range between $74.1 and $81.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Butler Tarkington?

The average home size in Butler Tarkington Indianapolis is about 1903 square feet, with an estimated 2026 value around $161,906.



Neighborhoods close to Butler Tarkington Indianapolis, IN

Bridgeport Indianapolis, IN108 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
Downtown Goshen Goshen, IN84 $ / ft²
Old Northside Indianapolis, IN189 $ / ft²
Lamb Lake Trafalgar, IN115 $ / ft²
University Park Greenwood, IN113 $ / ft²




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