House Prices

Spring Mill Estates Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$302,948
average size per house2002 ft²
average price per ft²158 $ / ft²

04/15/2026 - The value range (VR) for house prices in Spring Mill Estates Indianapolis, IN is $150.1/ sqft to $165.9/ sqft. An average home with 2002 sqft costs approximately $312,220 to $345,085. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46260, while the highest are in ZIP 46260. The average price per sqare feet is $158. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Spring Mill Estates Indianapolis

46260170 $ / ft²




Historical development of home values in Spring Mill Estates Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $140,695 -53.6%
2011 $135,254 -55.4%
2012 $134,890 -55.5%
2013 $139,932 -53.8%
2014 $146,890 -51.5%
2015 $154,428 -49.0%
2016 $162,488 -46.4%
2017 $171,258 -43.5%
2018 $180,726 -40.3%
2019 $189,106 -37.6%
2020 $198,882 -34.4%
2021 $226,206 -25.3%
2022 $263,706 -13.0%
2023 $278,090 -8.2%
2024 $294,178 -2.9%
2025 $302,948 0.0%

Graph: estimated home values in Spring Mill Estates Indianapolis over time (USD)



Example: 100% financing house in Spring Mill Estates Indianapolis

Loan amount: $302,948

Interest rate: 6.23%

Fixed monthly payment: $1,862.15

Breakdown in the 1st month:
Interest portion: $1,573.81  –  Principal portion: $288.34

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,785.18 $3,560.63 $299,387.37
2 $18,556.76 $3,789.06 $295,598.31
3 $18,313.68 $4,032.14 $291,566.17
4 $18,055.01 $4,290.81 $287,275.37
5 $17,779.75 $4,566.07 $282,709.29
6 $17,486.82 $4,859.00 $277,850.30
7 $17,175.11 $5,170.71 $272,679.58
8 $16,843.39 $5,502.43 $267,177.16
9 $16,490.40 $5,855.42 $261,321.74
10 $16,114.76 $6,231.06 $255,090.68
11 $15,715.02 $6,630.80 $248,459.88
12 $15,289.64 $7,056.18 $241,403.70
13 $14,836.97 $7,508.85 $233,894.85
14 $14,355.26 $7,990.56 $225,904.29
15 $13,842.64 $8,503.18 $217,401.11
16 $13,297.14 $9,048.67 $208,352.44
17 $12,716.65 $9,629.17 $198,723.27
18 $12,098.92 $10,246.90 $188,476.36
19 $11,441.55 $10,904.27 $177,572.10
20 $10,742.02 $11,603.80 $165,968.30
21 $9,997.60 $12,348.21 $153,620.08
22 $9,205.44 $13,140.38 $140,479.70
23 $8,362.45 $13,983.37 $126,496.33
24 $7,465.38 $14,880.44 $111,615.90
25 $6,510.77 $15,835.05 $95,780.84
26 $5,494.91 $16,850.91 $78,929.94
27 $4,413.88 $17,931.94 $60,998.00
28 $3,263.51 $19,082.31 $41,915.69
29 $2,039.33 $20,306.49 $21,609.20
30 $736.62 $21,609.20 $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 Spring Mill Estates Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$297,955$633,830
Ø fast selling$270,868$570,447
Ø high price sale$325,041$697,213

In 2026, houses in Spring Mill Estates Indianapolis, IN will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $297,955 is 23.90% more expensive per square foot than a 3,900 sqft home priced at $633,830. Home prices in Spring Mill Estates 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 $438,806. Sellers who can wait longer may achieve a higher price of up to $536,318.


Spring Mill Estates, Indianapolis IN

Location and Community Overview

Located on the northside of Indianapolis, Spring Mill Estates is a quiet, established neighborhood known for tree-lined streets and generous lots. Its desirable setting near Meridian Street and I?465 places residents minutes from downtown Indianapolis, Nora, and Carmel.

Homes and Architecture

Homes in Spring Mill Estates Indianapolis showcase mid-century ranch and custom two-story architecture, many thoughtfully updated with modern kitchens and baths.
Buyers appreciate spacious floor plans, basements, and attached garages that balance classic character with today?s conveniences.

Amenities and Outdoor Living

Outdoor lovers enjoy proximity to Holliday Park, Marott Park, and the Monon Trail, plus neighborhood walkability and mature canopy trees. Everyday needs are close by with The Fashion Mall at Keystone, grocery options, and local dining along 86th Street and Keystone Avenue.

Schools and Commuting

Families value access to MSD Washington Township schools and an easy commute via U.S. 31, West 86th Street, and nearby I?465 interchanges.
Healthcare, corporate campuses, and tech hubs?including St. Vincent Hospital and North Meridian corridors?are within a short drive.

Real Estate Market Tips

The real estate market in Spring Mill Estates is competitive, with limited inventory and strong demand for well-maintained homes. For success, partner with a local agent, get pre-approved, and stage for curb appeal to stand out among Spring Mill Estates homes for sale.



FAQ – Home Values in Spring Mill Estates Indianapolis

What is the median home value in Spring Mill Estates Indianapolis in 2026?

In 2026, the typical home value in Spring Mill Estates Indianapolis is about $302,948 for an average home size of 2002 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Spring Mill Estates Indianapolis?

In 2026, homes in Spring Mill Estates Indianapolis sell for an average of around $158 per square foot, with a typical range between $150.1 and $165.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Spring Mill Estates?

The average home size in Spring Mill Estates Indianapolis is about 2002 square feet, with an estimated 2026 value around $302,948.



Neighborhoods close to Spring Mill Estates Indianapolis, IN

Home Place Indianapolis, IN170 $ / 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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