House Prices

Herron Morton Place Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$376,427
average size per house2025 ft²
average price per ft²188 $ / ft²

04/15/2026 - The value range (VR) for house prices in Herron Morton Place Indianapolis, IN is $178.6/ sqft to $197.4/ sqft. An average home with 2025 sqft costs approximately $364,559 to $402,933. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46202, while the highest are in ZIP 46202. The average price per sqare feet is $188. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Herron Morton Place Indianapolis

46202199 $ / ft²




Historical development of home values in Herron Morton Place Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $174,820 -53.6%
2011 $168,059 -55.4%
2012 $167,607 -55.5%
2013 $173,871 -53.8%
2014 $182,517 -51.5%
2015 $191,885 -49.0%
2016 $201,898 -46.4%
2017 $212,796 -43.5%
2018 $224,560 -40.3%
2019 $234,973 -37.6%
2020 $247,120 -34.4%
2021 $281,072 -25.3%
2022 $327,667 -13.0%
2023 $345,540 -8.2%
2024 $365,530 -2.9%
2025 $376,427 0.0%

Graph: estimated home values in Herron Morton Place Indianapolis over time (USD)



Example: 100% financing house in Herron Morton Place Indianapolis

Loan amount: $376,427

Interest rate: 6.05%

Fixed monthly payment: $2,268.50

Breakdown in the 1st month:
Interest portion: $1,897.19  –  Principal portion: $371.31

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,640.69 $4,581.30 $371,845.70
2 $22,355.81 $4,866.19 $366,979.51
3 $22,053.20 $5,168.79 $361,810.71
4 $21,731.78 $5,490.22 $356,320.50
5 $21,390.37 $5,831.63 $350,488.87
6 $21,027.73 $6,194.26 $344,294.61
7 $20,642.54 $6,579.45 $337,715.15
8 $20,233.40 $6,988.60 $330,726.55
9 $19,798.81 $7,423.18 $323,303.37
10 $19,337.20 $7,884.79 $315,418.57
11 $18,846.89 $8,375.11 $307,043.46
12 $18,326.08 $8,895.92 $298,147.55
13 $17,772.89 $9,449.11 $288,698.44
14 $17,185.29 $10,036.70 $278,661.73
15 $16,561.16 $10,660.83 $268,000.90
16 $15,898.22 $11,323.78 $256,677.12
17 $15,194.05 $12,027.95 $244,649.17
18 $14,446.09 $12,775.91 $231,873.27
19 $13,651.62 $13,570.38 $218,302.89
20 $12,807.75 $14,414.25 $203,888.65
21 $11,911.40 $15,310.60 $188,578.05
22 $10,959.31 $16,262.69 $172,315.36
23 $9,948.01 $17,273.98 $155,041.37
24 $8,873.83 $18,348.17 $136,693.21
25 $7,732.85 $19,489.15 $117,204.06
26 $6,520.92 $20,701.08 $96,502.98
27 $5,233.62 $21,988.38 $74,514.61
28 $3,866.27 $23,355.72 $51,158.89
29 $2,413.90 $24,808.10 $26,350.79
30 $871.21 $26,350.79 $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 Herron Morton Place Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$343,950$731,675
Ø fast selling$312,682$658,508
Ø high price sale$375,218$804,843

In 2026, houses in Herron Morton Place Indianapolis, IN will be offered at an average price of $188 per square foot. A 1,500 sqft home priced at $343,950 is 23.18% more expensive per square foot than a 3,900 sqft home priced at $731,675. Home prices in Herron Morton Place 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 $506,545. Sellers who can wait longer may achieve a higher price of up to $619,110.

FAQ – Home Values in Herron Morton Place Indianapolis

What is the median home value in Herron Morton Place Indianapolis in 2026?

In 2026, the typical home value in Herron Morton Place Indianapolis is about $376,427 for an average home size of 2025 square feet. This corresponds to an average price of roughly $188 per square foot.

What is the average cost per square foot in Herron Morton Place Indianapolis?

In 2026, homes in Herron Morton Place Indianapolis sell for an average of around $188 per square foot, with a typical range between $178.6 and $197.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Herron Morton Place?

The average home size in Herron Morton Place Indianapolis is about 2025 square feet, with an estimated 2026 value around $376,427.



Neighborhoods close to Herron Morton Place Indianapolis, IN

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