House Prices

Indian Lake Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$261,503
average size per house2318 ft²
average price per ft²103 $ / ft²

04/15/2026 - The value range (VR) for house prices in Indian Lake Indianapolis, IN is $97.85/ sqft to $108.15/ sqft. An average home with 2318 sqft costs approximately $205,496 to $227,127. 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 $103. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Indian Lake Indianapolis

46236108 $ / ft²




Historical development of home values in Indian Lake Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $121,447 -53.6%
2011 $116,750 -55.4%
2012 $116,436 -55.5%
2013 $120,788 -53.8%
2014 $126,794 -51.5%
2015 $133,302 -49.0%
2016 $140,258 -46.4%
2017 $147,829 -43.5%
2018 $156,001 -40.3%
2019 $163,235 -37.6%
2020 $171,673 -34.4%
2021 $195,260 -25.3%
2022 $227,629 -13.0%
2023 $240,046 -8.2%
2024 $253,933 -2.9%
2025 $261,503 0.0%

Graph: estimated home values in Indian Lake Indianapolis over time (USD)



Example: 100% financing house in Indian Lake Indianapolis

Loan amount: $261,503

Interest rate: 5.44%

Fixed monthly payment: $1,474.30

Breakdown in the 1st month:
Interest portion: $1,184.61  –  Principal portion: $289.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,127.37 $3,564.25 $257,938.75
2 $13,928.72 $3,762.91 $254,175.84
3 $13,718.99 $3,972.63 $250,203.21
4 $13,497.58 $4,194.05 $246,009.16
5 $13,263.82 $4,427.80 $241,581.36
6 $13,017.04 $4,674.59 $236,906.78
7 $12,756.50 $4,935.12 $231,971.65
8 $12,481.44 $5,210.18 $226,761.47
9 $12,191.05 $5,500.57 $221,260.90
10 $11,884.47 $5,807.15 $215,453.75
11 $11,560.81 $6,130.81 $209,322.94
12 $11,219.11 $6,472.51 $202,850.43
13 $10,858.37 $6,833.26 $196,017.18
14 $10,477.51 $7,214.11 $188,803.07
15 $10,075.44 $7,616.19 $181,186.88
16 $9,650.95 $8,040.67 $173,146.21
17 $9,202.80 $8,488.82 $164,657.39
18 $8,729.68 $8,961.95 $155,695.44
19 $8,230.18 $9,461.44 $146,234.00
20 $7,702.85 $9,988.77 $136,245.22
21 $7,146.12 $10,545.50 $125,699.73
22 $6,558.37 $11,133.25 $114,566.47
23 $5,937.86 $11,753.77 $102,812.71
24 $5,282.76 $12,408.86 $90,403.84
25 $4,591.15 $13,100.47 $77,303.37
26 $3,861.00 $13,830.63 $63,472.75
27 $3,090.15 $14,601.48 $48,871.27
28 $2,276.33 $15,415.29 $33,455.98
29 $1,417.16 $16,274.46 $17,181.52
30 $510.10 $17,181.52 $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 Indian Lake Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$169,373$360,301
Ø fast selling$153,975$324,271
Ø high price sale$184,770$396,331

In 2026, houses in Indian Lake Indianapolis, IN will be offered at an average price of $103 per square foot. A 1,500 sqft home priced at $169,373 is 20.84% more expensive per square foot than a 3,900 sqft home priced at $360,301. Home prices in Indian Lake 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 $249,440. Sellers who can wait longer may achieve a higher price of up to $304,870.


Indian Lake, Indianapolis IN Neighborhood Guide

Indian Lake in Indianapolis, IN is a serene waterfront neighborhood known for its mature trees, private lake access, and timeless Midwestern character.

Location & Access

Located on the northeast side of the city, Indian Lake Indianapolis offers quick connections to I-465, Geist Reservoir, and downtown attractions.

Homes & Lifestyle

Homebuyers find a mix of mid-century and custom-built homes that showcase generous lots, water views, and outdoor living spaces.
Whether you want a tranquil primary residence or a retreat-like setting near the city, the neighborhood delivers a distinctive balance of nature and convenience.

Recreation & Nature

The heart of the community is Indian Lake, where residents enjoy kayaking, fishing, and sunset strolls along quiet shoreline streets.
Nearby Fort Harrison State Park and the Fall Creek Greenway expand outdoor options with hiking, biking, golf, and winter activities.

Amenities & Conveniences

Shopping, dining, and daily services cluster along 56th Street and Binford Boulevard, keeping errands close to home and commutes efficient.

Schools & Programs

The area provides access to respected public and private schools, plus youth sports and arts programs throughout Lawrence Township.

Community & Real Estate

Regular neighborhood gatherings and lake association events foster an engaged community culture and help preserve local natural resources.
Real estate in the Indian Lake neighborhood remains competitive thanks to limited inventory, waterfront lifestyle amenities, and strong long-term value in northeast Indianapolis.



FAQ – Home Values in Indian Lake Indianapolis

What is the median home value in Indian Lake Indianapolis in 2026?

In 2026, the typical home value in Indian Lake Indianapolis is about $261,503 for an average home size of 2318 square feet. This corresponds to an average price of roughly $103 per square foot.

What is the average cost per square foot in Indian Lake Indianapolis?

In 2026, homes in Indian Lake Indianapolis sell for an average of around $103 per square foot, with a typical range between $97.85 and $108.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Indian Lake?

The average home size in Indian Lake Indianapolis is about 2318 square feet, with an estimated 2026 value around $261,503.



Neighborhoods close to Indian Lake 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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