Indianapolis Real Estate & Community Information

Indianapolis Real Estate & Community Information

‚ÄčIndianapolis is the capitol of Indiana and its largest city, with over 850,000 residents calling the city home. It is the 2nd most populated city in Indiana, behind Chicago.  Indianapolis is called the “Crossroads of America” as it has the distinction of being within a one-day drive of 70% of the population of America.  The city is also a major economic region, with an economy based on business services, transportation, logistics, education, financial services, distribution services, and hospitality.

Indianapolis Real Estate For Sale

Indianapolis is also home to a thriving philanthropic community which has been instrumental in developing cultural institutions such as The Children’s Museum of Indianapolis and the Indianapolis Zoo.

The city was originally founded in 1821 to become the capitol of Indiana. In 1816 the US Congress donated four sections of federal land to establish a seat of state government when Indiana gained statehood. Indianapolis started growing when the National Road opened in 1827. After the Civil War, that growth increased tremendously, and by 1890 the population surpassed 100,000.

Shopping & Dining

Due to its location and importance, it’s no surprise that Indianapolis boasts some of the best shopping and dining in the nation. Some of the best shopping destinations include The Fashion Mall, Keystone at the Crossing.  This mall is located in one of the city's most prestigious areas and features stores such as Crate & Barrel, Saks Fifth Avenue, Nordstrom and many other high-end retailers. Circle Centre is connected by skywalks to several downtown hotels and the Indiana Convention Center.  Circle Centre offers 100+ stores for shopping and is anchored by Carson Pirie Scott. Castleton Square Mall is the largest mall in the state, with four major department stores, 130 specialty shops, and several dining options.  Other malls of note are Mass Ave, Fountain Square Broad Ripple, Clay Terrace, and Zionsville, just to name a few.

Of course we could fill this entire page with all the great places to dine in Indianapolis, but we’ll just name a few of the best.  Bluebeard Restaurant is located in the historic Holy Rosary neighborhood and offers contemporary Mediterranean cuisine made with the best local produce and meat.  Café Patachou serves made-to-order breakfast and lunch items made from scratch, with featured items such as three-egg omelets, chicken salad, and homemade soups. St Elmo’s Steakhouse has been serving nationally recognized food and drink for over 100 years.  They boast a 20,000 bottle wine cellar, along with a shrimp cocktail hailed as the “world’s spiciest food.” Other fine establishments include The Historic Steer-In Restaurant, Bazbeaux, Repeal Restaurant, Harry & Izzy’s, Jockamo Upper Crust Pizza, and Milktooth.


Indianapolis consists of 99 community areas.  These also have smaller neighborhoods contained in them. The Indianapolis Historic Preservation Commission recognizes several neighborhoods as historic districts, including Central Court, Chatham Arch, Cottage Home, Golden Hill, Herron-Morton Place, Lockerbie Square, Old Northside, and Oliver Johnson's Woods.


Indianapolis has an estimated population in 2015 of 853,173. As of 2011 the median family income was $53,161.  The city boasts the 42nd largest economy in the world accounting to its gross metropolitan product of $125.9 billion. Its largest industries are manufacturing, healthcare, social services, and retail.  Three Fortune 500 companies are based here – Anthem Inc, Eli Lilly, and Simon Property Group.


A rich cultural foundation also defines Indianapolis.  The city has designated 6 cultural districts.  These are meant to highlight the historical traits unique to the city’s heritage. These include Broad Ripple Village, Canal and White River State Park, Fountain Square, Indiana Avenue, Mass Ave, and Wholesale.

Indianapolis also has a number of performing arts venues located in the Mass Ave cultural district or downtown.  These include the 1,786-seat Hilbert Circle Theatre, The Indiana Theatre, and the Madame Walker Theatre Center.

Parks & Recreation

There are over 200 parks maintained by Indy Parks and Recreation, the first of which, Military Park, opened in 1852.  The largest of these is Eagle Creek Park and is one of the largest municipal parks in the US.  The park facilitates a wide array of activities including fishing, kayaking, canoeing, and swimming.  There are also 13 golf courses in Indianapolis. 

There are also two state parks located in Marion County – Fort Harrison and White River, home to the Indianapolis Zoo.  The zoo contains nearly 1400 animals and 31,000 plants and attracts over 1 million people per year.


The almost 30,000 students  of Indianapolis are served by 9 school districts,  Franklin Township Community School Corporation, MSD Decatur Township, MSD Lawrence Township, MSD Perry Township, MSD Pike Township, MSD Warren Township, MSD Washington Township, MSD Wayne Township, and Indianapolis Public Schools. Primary and secondary schools are managed by the Archdiocese of Indianapolis, charters, or other independent organizations.

Indianapolis is also the home of Indiana University – Purdue University Indianapolis.  The university enrolls some 30,000 students and is the third largest university in Indiana. The largest medical school in the US is also located in Indianapolis – The Indiana University School of Medicine.  There are also five private universities based in the city.


Residents of Indianapolis are served by a variety of medical centers. Indiana University Health operates the University Hospital, Methodist Hospital, and Riley Hospital for Children.  Other medical centers include the Sidney and Lois Eskenazi Hospital, the Richard L. Roudebush VA Medical Center and St. Vincent Indianapolis Hospital.