House Prices

Lockefield Gardens Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$345,059
average size per house1856 ft²
average price per ft²172 $ / ft²

04/15/2026 - The value range (VR) for house prices in Lockefield Gardens Indianapolis, IN is $163.4/ sqft to $180.6/ sqft. An average home with 1856 sqft costs approximately $280,222 to $309,719. 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 $172. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Lockefield Gardens Indianapolis

46202183 $ / ft²




Historical development of home values in Lockefield Gardens Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $160,252 -53.6%
2011 $154,055 -55.4%
2012 $153,640 -55.5%
2013 $159,383 -53.8%
2014 $167,308 -51.5%
2015 $175,895 -49.0%
2016 $185,074 -46.4%
2017 $195,063 -43.5%
2018 $205,847 -40.3%
2019 $215,392 -37.6%
2020 $226,527 -34.4%
2021 $257,650 -25.3%
2022 $300,362 -13.0%
2023 $316,746 -8.2%
2024 $335,070 -2.9%
2025 $345,059 0.0%

Graph: estimated home values in Lockefield Gardens Indianapolis over time (USD)



Example: 100% financing house in Lockefield Gardens Indianapolis

Loan amount: $345,059

Interest rate: 5.54%

Fixed monthly payment: $1,968.74

Breakdown in the 1st month:
Interest portion: $1,594.17  –  Principal portion: $374.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,014.08 $4,610.84 $340,448.16
2 $18,751.86 $4,873.06 $335,575.10
3 $18,474.72 $5,150.20 $330,424.90
4 $18,181.83 $5,443.09 $324,981.81
5 $17,872.28 $5,752.64 $319,229.16
6 $17,545.12 $6,079.80 $313,149.36
7 $17,199.36 $6,425.56 $306,723.80
8 $16,833.93 $6,790.99 $299,932.81
9 $16,447.72 $7,177.20 $292,755.61
10 $16,039.55 $7,585.37 $285,170.24
11 $15,608.17 $8,016.75 $277,153.48
12 $15,152.25 $8,472.67 $268,680.81
13 $14,670.40 $8,954.52 $259,726.29
14 $14,161.15 $9,463.77 $250,262.52
15 $13,622.94 $10,001.98 $240,260.54
16 $13,054.12 $10,570.80 $229,689.75
17 $12,452.95 $11,171.97 $218,517.78
18 $11,817.60 $11,807.32 $206,710.46
19 $11,146.11 $12,478.81 $194,231.64
20 $10,436.43 $13,188.49 $181,043.15
21 $9,686.39 $13,938.53 $167,104.62
22 $8,893.70 $14,731.22 $152,373.40
23 $8,055.92 $15,569.00 $136,804.40
24 $7,170.50 $16,454.42 $120,349.98
25 $6,234.73 $17,390.19 $102,959.79
26 $5,245.74 $18,379.18 $84,580.61
27 $4,200.50 $19,424.42 $65,156.20
28 $3,095.82 $20,529.10 $44,627.10
29 $1,928.32 $21,696.60 $22,930.50
30 $694.42 $22,930.50 $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 Lockefield Gardens Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$288,455$613,622
Ø fast selling$262,232$552,259
Ø high price sale$314,678$674,984

In 2026, houses in Lockefield Gardens Indianapolis, IN will be offered at an average price of $172 per square foot. A 1,500 sqft home priced at $288,455 is 21.25% more expensive per square foot than a 3,900 sqft home priced at $613,622. Home prices in Lockefield Gardens 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 $424,815. Sellers who can wait longer may achieve a higher price of up to $519,218.


Lockefield Gardens Neighborhood Guide

History and Location

Located just northwest of downtown Indianapolis, Lockefield Gardens is a historic neighborhood anchored along Indiana Avenue and adjacent to the IUPUI campus. Developed in the 1930s as one of the nation?s earliest public housing communities, parts of the complex remain and are listed on the National Register of Historic Places.


Housing and Real Estate

Today the area blends restored brick buildings with modern apartments, offering convenient Lockefield Gardens Indianapolis apartments for students, medical professionals, and urban commuters. Tree?lined courtyards and low?rise footprints create a campus feel while keeping housing options relatively attainable by downtown standards.


Things to Do and Entertainment

Residents enjoy quick access to the Canal Walk, museums in White River State Park, and the cultural programming at the Madam Walker Legacy Center. Dining, coffee, and nightlife along Indiana Avenue and nearby Mass Ave and Wholesale District hotspots are an easy stroll or short ride away.


Transportation and Connectivity

Walkability is a highlight, with the Indianapolis Cultural Trail and protected bike lanes linking the neighborhood to campus, downtown offices, and stadiums. IndyGo bus routes and close highway access streamline commutes to major employers like IU Health, Eskenazi Health, and state government offices.


Lifestyle and Livability

Families and professionals alike appreciate the mix of history, green space, and proximity to education and healthcare anchors. If you are searching for Lockefield Gardens real estate, apartments for rent near IUPUI, or simply want urban living with historic character in downtown Indianapolis, this neighborhood delivers.



FAQ – Home Values in Lockefield Gardens Indianapolis

What is the median home value in Lockefield Gardens Indianapolis in 2026?

In 2026, the typical home value in Lockefield Gardens Indianapolis is about $345,059 for an average home size of 1856 square feet. This corresponds to an average price of roughly $172 per square foot.

What is the average cost per square foot in Lockefield Gardens Indianapolis?

In 2026, homes in Lockefield Gardens Indianapolis sell for an average of around $172 per square foot, with a typical range between $163.4 and $180.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lockefield Gardens?

The average home size in Lockefield Gardens Indianapolis is about 1856 square feet, with an estimated 2026 value around $345,059.



Neighborhoods close to Lockefield Gardens 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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