House Prices

Ransom Place Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$380,162
average size per house2045 ft²
average price per ft²190 $ / ft²

04/15/2026 - The value range (VR) for house prices in Ransom Place Indianapolis, IN is $180.5/ sqft to $199.5/ sqft. An average home with 2045 sqft costs approximately $375,767 to $415,322. 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 $190. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Ransom Place Indianapolis

46202201 $ / ft²




Historical development of home values in Ransom Place Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $176,554 -53.6%
2011 $169,727 -55.4%
2012 $169,270 -55.5%
2013 $175,597 -53.8%
2014 $184,328 -51.5%
2015 $193,788 -49.0%
2016 $203,902 -46.4%
2017 $214,907 -43.5%
2018 $226,788 -40.3%
2019 $237,304 -37.6%
2020 $249,572 -34.4%
2021 $283,861 -25.3%
2022 $330,918 -13.0%
2023 $348,968 -8.2%
2024 $369,157 -2.9%
2025 $380,162 0.0%

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



Example: 100% financing house in Ransom Place Indianapolis

Loan amount: $380,162

Interest rate: 6.11%

Fixed monthly payment: $2,305.73

Breakdown in the 1st month:
Interest portion: $1,935.02  –  Principal portion: $370.70

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,093.62 $4,575.10 $375,586.90
2 $22,806.22 $4,862.50 $370,724.40
3 $22,500.76 $5,167.96 $365,556.44
4 $22,176.11 $5,492.61 $360,063.84
5 $21,831.07 $5,837.65 $354,226.19
6 $21,464.35 $6,204.37 $348,021.82
7 $21,074.60 $6,594.12 $341,427.70
8 $20,660.36 $7,008.36 $334,419.34
9 $20,220.10 $7,448.62 $326,970.73
10 $19,752.19 $7,916.53 $319,054.19
11 $19,254.88 $8,413.85 $310,640.35
12 $18,726.32 $8,942.40 $301,697.95
13 $18,164.57 $9,504.15 $292,193.80
14 $17,567.52 $10,101.20 $282,092.60
15 $16,932.97 $10,735.75 $271,356.86
16 $16,258.56 $11,410.16 $259,946.70
17 $15,541.79 $12,126.94 $247,819.76
18 $14,779.98 $12,888.74 $234,931.02
19 $13,970.32 $13,698.40 $221,232.62
20 $13,109.79 $14,558.93 $206,673.69
21 $12,195.21 $15,473.51 $191,200.19
22 $11,223.18 $16,445.54 $174,754.64
23 $10,190.08 $17,478.64 $157,276.00
24 $9,092.09 $18,576.63 $138,699.37
25 $7,925.12 $19,743.61 $118,955.76
26 $6,684.84 $20,983.88 $97,971.88
27 $5,366.64 $22,302.08 $75,669.80
28 $3,965.64 $23,703.08 $51,966.72
29 $2,476.63 $25,192.09 $26,774.64
30 $894.08 $26,774.64 $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 Ransom Place Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$351,058$746,795
Ø fast selling$319,143$672,116
Ø high price sale$382,972$821,475

In 2026, houses in Ransom Place Indianapolis, IN will be offered at an average price of $190 per square foot. A 1,500 sqft home priced at $351,058 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $746,795. Home prices in Ransom 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 $517,012. Sellers who can wait longer may achieve a higher price of up to $631,904.


Ransom Place, Indianapolis IN Neighborhood Guide

History

Ransom Place in Indianapolis, IN is a designated historic district celebrated for its deep African American heritage and community resilience.
Named for civic leader Freeman B. Ransom, the neighborhood grew alongside the Indiana Avenue cultural corridor and the legacy of Madam C. J. Walker. Today, preservation efforts highlight its late 19th- and early 20th-century streetscape, neighborhood pride, and walkable urban character.

Location & Lifestyle

Located just northwest of downtown Indianapolis and adjacent to the IUPUI campus, Ransom Place offers quick access to major employers, healthcare hubs, and universities.
Residents enjoy a compact, pedestrian-friendly grid with tree-lined streets, pocket parks, and frequent community events.

Architecture & Real Estate

Housing ranges from restored Victorian-era cottages and simple worker homes to sensitively designed infill, giving buyers a mix of historic charm and modern convenience.
Real estate in Ransom Place appeals to first-time buyers and urban enthusiasts seeking character, with competitive prices relative to nearby downtown neighborhoods.

Things to Do & Nearby Attractions

Cultural landmarks like the Madam Walker Legacy Center, the Canal Walk, and White River State Park sit minutes away, with dining, music, and museums enriching everyday life.
Local favorites include indie coffee shops, neighborhood eateries, and quick connections to Mass Ave, the Indiana State Museum, and Victory Field.

Living in Ransom Place

Whether you are researching homes for sale in Ransom Place or planning a visit, this historic Indianapolis neighborhood blends culture, convenience, and lasting value.



FAQ – Home Values in Ransom Place Indianapolis

What is the median home value in Ransom Place Indianapolis in 2026?

In 2026, the typical home value in Ransom Place Indianapolis is about $380,162 for an average home size of 2045 square feet. This corresponds to an average price of roughly $190 per square foot.

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

In 2026, homes in Ransom Place Indianapolis sell for an average of around $190 per square foot, with a typical range between $180.5 and $199.5 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Ransom Place?

The average home size in Ransom Place Indianapolis is about 2045 square feet, with an estimated 2026 value around $380,162.



Neighborhoods close to Ransom 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




  imprint  Privacy