House Prices

Fountain Square Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$166,210
average size per house1457 ft²
average price per ft²119 $ / ft²

04/15/2026 - The value range (VR) for house prices in Fountain Square Indianapolis, IN is $113.05/ sqft to $124.95/ sqft. An average home with 1457 sqft costs approximately $170,315 to $188,242. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46203, while the highest are in ZIP 46203. The average price per sqare feet is $119. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Fountain Square Indianapolis

46203123 $ / ft²




Historical development of home values in Fountain Square Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $77,191 -53.6%
2011 $74,206 -55.4%
2012 $74,006 -55.5%
2013 $76,772 -53.8%
2014 $80,590 -51.5%
2015 $84,726 -49.0%
2016 $89,148 -46.4%
2017 $93,959 -43.5%
2018 $99,154 -40.3%
2019 $103,751 -37.6%
2020 $109,115 -34.4%
2021 $124,106 -25.3%
2022 $144,680 -13.0%
2023 $152,572 -8.2%
2024 $161,398 -2.9%
2025 $166,210 0.0%

Graph: estimated home values in Fountain Square Indianapolis over time (USD)



Example: 100% financing house in Fountain Square Indianapolis

Loan amount: $166,210

Interest rate: 6.20%

Fixed monthly payment: $1,018.42

Breakdown in the 1st month:
Interest portion: $859.31  –  Principal portion: $159.11

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,256.43 $1,964.56 $164,245.44
2 $10,131.02 $2,089.97 $162,155.47
3 $9,997.61 $2,223.38 $159,932.08
4 $9,855.68 $2,365.31 $157,566.77
5 $9,704.69 $2,516.30 $155,050.46
6 $9,544.06 $2,676.93 $152,373.53
7 $9,373.18 $2,847.81 $149,525.72
8 $9,191.39 $3,029.60 $146,496.12
9 $8,998.00 $3,223.00 $143,273.12
10 $8,792.26 $3,428.74 $139,844.38
11 $8,573.38 $3,647.61 $136,196.78
12 $8,340.54 $3,880.45 $132,316.32
13 $8,092.83 $4,128.16 $128,188.16
14 $7,829.31 $4,391.68 $123,796.48
15 $7,548.97 $4,672.03 $119,124.45
16 $7,250.73 $4,970.26 $114,154.19
17 $6,933.45 $5,287.54 $108,866.65
18 $6,595.93 $5,625.07 $103,241.58
19 $6,236.85 $5,984.14 $97,257.44
20 $5,854.85 $6,366.14 $90,891.30
21 $5,448.47 $6,772.52 $84,118.77
22 $5,016.15 $7,204.85 $76,913.93
23 $4,556.23 $7,664.77 $69,249.16
24 $4,066.95 $8,154.05 $61,095.11
25 $3,546.44 $8,674.56 $52,420.56
26 $2,992.70 $9,228.30 $43,192.26
27 $2,403.61 $9,817.38 $33,374.87
28 $1,776.92 $10,444.08 $22,930.80
29 $1,110.22 $11,110.77 $11,820.03
30 $400.97 $11,820.03 $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 Fountain Square Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$223,329$475,081
Ø fast selling$203,026$427,573
Ø high price sale$243,632$522,589

In 2026, houses in Fountain Square Indianapolis, IN will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $223,329 is 23.78% more expensive per square foot than a 3,900 sqft home priced at $475,081. Home prices in Fountain Square 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 $328,902. Sellers who can wait longer may achieve a higher price of up to $401,992.


Explore Fountain Square in Indianapolis, IN

Arts and Culture

Fountain Square Indianapolis is a creative hub known for vivid street murals, indie galleries, and public art installations.
Anchored by the historic Fountain Square Theatre Building and venues like HI-FI Indy, the neighborhood hosts live music, film, and community events year-round.

Dining and Nightlife

Foodies find an eclectic mix of independent restaurants, craft breweries, and cocktail bars lining Virginia Avenue and the plaza.
From inventive small plates to late-night pizza, the Fountain Square neighborhood offers walkable options that draw both locals and visitors from across Indianapolis, IN.

Architecture and Living

Tree-lined streets feature renovated historic homes, including Victorian-era houses, American Foursquares, and Craftsman bungalows that give the area its character.
A blend of new apartments and restored storefronts supports a lively, mixed-use environment that appeals to first-time buyers, renters, and long-time residents.

Location and Connectivity

Just southeast of downtown Indianapolis, Fountain Square benefits from quick access via the Indianapolis Cultural Trail and Virginia Avenue, with easy connections to I-65 and I-70.
Public transit, bike lanes, and rideshare make commuting simple while keeping the district pedestrian-friendly.

Things to Do

Popular attractions include Atomic Bowl Duckpin in the Fountain Square Theatre Building, vintage shops, and regular art markets that showcase local makers.
The neighborhood?s namesake fountain and central plaza provide a photogenic gathering spot and host seasonal festivals that enhance the area?s vibrant, urban village vibe.



FAQ – Home Values in Fountain Square Indianapolis

What is the median home value in Fountain Square Indianapolis in 2026?

In 2026, the typical home value in Fountain Square Indianapolis is about $166,210 for an average home size of 1457 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Fountain Square Indianapolis?

In 2026, homes in Fountain Square Indianapolis sell for an average of around $119 per square foot, with a typical range between $113.05 and $124.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Fountain Square?

The average home size in Fountain Square Indianapolis is about 1457 square feet, with an estimated 2026 value around $166,210.



Neighborhoods close to Fountain Square 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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