House Prices

Spades Park Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$239,342
average size per house1612 ft²
average price per ft²136 $ / ft²

04/15/2026 - The value range (VR) for house prices in Spades Park Indianapolis, IN is $129.2/ sqft to $142.8/ sqft. An average home with 1612 sqft costs approximately $189,527 to $209,477. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46201, while the highest are in ZIP 46201. The average price per sqare feet is $136. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Spades Park Indianapolis

46201168 $ / ft²




Historical development of home values in Spades Park Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $111,155 -53.6%
2011 $106,856 -55.4%
2012 $106,569 -55.5%
2013 $110,552 -53.8%
2014 $116,049 -51.5%
2015 $122,005 -49.0%
2016 $128,372 -46.4%
2017 $135,301 -43.5%
2018 $142,781 -40.3%
2019 $149,402 -37.6%
2020 $157,125 -34.4%
2021 $178,713 -25.3%
2022 $208,339 -13.0%
2023 $219,703 -8.2%
2024 $232,413 -2.9%
2025 $239,342 0.0%

Graph: estimated home values in Spades Park Indianapolis over time (USD)



Example: 100% financing house in Spades Park Indianapolis

Loan amount: $239,342

Interest rate: 5.46%

Fixed monthly payment: $1,352.96

Breakdown in the 1st month:
Interest portion: $1,089.01  –  Principal portion: $263.95

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,987.59 $3,247.89 $236,094.11
2 $12,805.75 $3,429.73 $232,664.38
3 $12,613.73 $3,621.75 $229,042.63
4 $12,410.96 $3,824.52 $225,218.11
5 $12,196.84 $4,038.65 $221,179.46
6 $11,970.72 $4,264.76 $216,914.70
7 $11,731.95 $4,503.53 $212,411.16
8 $11,479.81 $4,755.67 $207,655.49
9 $11,213.55 $5,021.93 $202,633.56
10 $10,932.39 $5,303.10 $197,330.46
11 $10,635.48 $5,600.00 $191,730.46
12 $10,321.95 $5,913.53 $185,816.93
13 $9,990.87 $6,244.61 $179,572.31
14 $9,641.25 $6,594.23 $172,978.08
15 $9,272.06 $6,963.43 $166,014.65
16 $8,882.19 $7,353.29 $158,661.36
17 $8,470.50 $7,764.98 $150,896.38
18 $8,035.76 $8,199.72 $142,696.66
19 $7,576.68 $8,658.80 $134,037.86
20 $7,091.90 $9,143.58 $124,894.27
21 $6,579.97 $9,655.51 $115,238.77
22 $6,039.39 $10,196.09 $105,042.67
23 $5,468.54 $10,766.95 $94,275.72
24 $4,865.72 $11,369.76 $82,905.96
25 $4,229.16 $12,006.32 $70,899.64
26 $3,556.96 $12,678.52 $58,221.12
27 $2,847.12 $13,388.36 $44,832.76
28 $2,097.55 $14,137.94 $30,694.83
29 $1,306.00 $14,929.48 $15,765.34
30 $470.14 $15,765.34 $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 Spades Park Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$224,625$477,838
Ø fast selling$204,205$430,054
Ø high price sale$245,045$525,622

In 2026, houses in Spades Park Indianapolis, IN will be offered at an average price of $136 per square foot. A 1,500 sqft home priced at $224,625 is 20.93% more expensive per square foot than a 3,900 sqft home priced at $477,838. Home prices in Spades Park 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 $330,811. Sellers who can wait longer may achieve a higher price of up to $404,324.


Spades Park Neighborhood, Indianapolis IN: Parks, History, and Homes

Location and Character

The Spades Park neighborhood on Indianapolis?s Near Eastside centers on a scenic public park along Pogue?s Run.
Its location offers quick access to Downtown Indianapolis while preserving a quiet, residential feel.

History and Architecture

Historic character defines the area, with early?20th?century Craftsman bungalows, American Foursquares, and modest cottages lining leafy streets.
The beloved Spades Park Branch Library and long-established churches anchor community life and reflect the area?s heritage.

Parks and Trails

At the heart of the neighborhood, Spades Park features wooded paths, open lawns, playgrounds, and creek views ideal for picnics and everyday recreation.
Walkers and cyclists enjoy the Pogue?s Run Greenway connections and proximity to nearby Brookside Park and other Eastside green spaces.

Community and Amenities

Residents organize cleanups, seasonal gatherings, and neighborhood association meetings that foster a friendly, engaged community.
Local eateries and coffee shops along East 10th Street and nearby corridors add convenience, and cultural destinations in Downtown and Irvington are minutes away.

Housing and Real Estate

Housing in the Spades Park neighborhood includes renovated historic homes, fixer?uppers with potential, and affordable options that appeal to first?time buyers.
With steady interest in Near Eastside living, real estate trends here reflect ongoing revitalization while maintaining the area?s accessible, small?neighborhood charm.



FAQ – Home Values in Spades Park Indianapolis

What is the median home value in Spades Park Indianapolis in 2026?

In 2026, the typical home value in Spades Park Indianapolis is about $239,342 for an average home size of 1612 square feet. This corresponds to an average price of roughly $136 per square foot.

What is the average cost per square foot in Spades Park Indianapolis?

In 2026, homes in Spades Park Indianapolis sell for an average of around $136 per square foot, with a typical range between $129.2 and $142.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Spades Park?

The average home size in Spades Park Indianapolis is about 1612 square feet, with an estimated 2026 value around $239,342.



Neighborhoods close to Spades Park Indianapolis, IN

Bridgeport Indianapolis, IN108 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
Downtown Goshen Goshen, IN84 $ / ft²
Lamb Lake Trafalgar, IN115 $ / ft²
University Park Greenwood, IN113 $ / ft²
South Harbour Noblesville, IN163 $ / ft²




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