Indianapolis, IN 46228 Real Estate & Property Data

Indianapolis, IN 46228 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 277 residential properties have been sold over the past 12 months in 46228. With a median sales price of $340,000 in 46228. Discover market trends and get the granular level real estate data for Indianapolis, IN 46228 to keep your pulse on the housing market. Curate compelling home reports for Indianapolis, IN 46228 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Indianapolis, IN 46228 Real Estate Market Trends
Total Residential Properties 5,889
Total Commercial Properties 90
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,962
Total 2025 Residential Sales (year-to-date) 38
% of Homes Seriously Underwater (Q2 2025) 0.87%
Total 2024 Residential Sales 257
% of Equity Rich Homes (Q2 2025) 44.13%
Effective 2024 Property Tax 0.95%
Total Foreclosure Filings (year-to-date) 7
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Indianapolis, IN 46228 Real Estate Overview

There were 277 residential properties sold in the past year in Indianapolis, IN 46228. The median home value in Indianapolis, IN 46228 is $281,521. There are a total of 5,889 residential properties in the 46228.

Median Sales Price i
$340,000
(Feb 2025)
+36%
year-over-year
y-o-y
  • February '25 Feb '25 $340,000
  • January '25 Jan '25 $251,000
  • December '24 Dec '24 $299,500
  • November '24 Nov '24 $246,000
  • October '24 Oct '24 $285,000
  • September '24 Sep '24 $285,000
  • August '24 Aug '24 $298,000
  • July '24 Jul '24 $279,250
  • June '24 Jun '24 $285,950
  • May '24 May '24 $324,900
  • April '24 Apr '24 $268,500
  • March '24 Mar '24 $270,000
Median Down Payment i
$68,118
(Feb 2025)
+444.9%
year-over-year
y-o-y
  • February '25 Feb '25 $68,118
  • January '25 Jan '25 $40,000
  • December '24 Dec '24 $15,000
  • November '24 Nov '24 $40,448
  • October '24 Oct '24 $11,175
  • September '24 Sep '24 $15,925
  • August '24 Aug '24 $16,502
  • July '24 Jul '24 $18,900
  • June '24 Jun '24 $8,098
  • May '24 May '24 $26,500
  • April '24 Apr '24 $15,700
  • March '24 Mar '24 $26,125
Number of Homes Sold i
17
(Feb 2025)
+6.2%
year-over-year
y-o-y
  • February '25 Feb '25 17
  • January '25 Jan '25 21
  • December '24 Dec '24 21
  • November '24 Nov '24 18
  • October '24 Oct '24 31
  • September '24 Sep '24 20
  • August '24 Aug '24 27
  • July '24 Jul '24 21
  • June '24 Jun '24 20
  • May '24 May '24 21
  • April '24 Apr '24 21
  • March '24 Mar '24 23
Number of Purchase Loans i
7
(Feb 2025)
-46.2%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 13
  • December '24 Dec '24 12
  • November '24 Nov '24 12
  • October '24 Oct '24 26
  • September '24 Sep '24 12
  • August '24 Aug '24 17
  • July '24 Jul '24 14
  • June '24 Jun '24 12
  • May '24 May '24 19
  • April '24 Apr '24 11
  • March '24 Mar '24 13
Number of REFI Loans i
13
(Feb 2025)
-31.6%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 10
  • December '24 Dec '24 20
  • November '24 Nov '24 22
  • October '24 Oct '24 20
  • September '24 Sep '24 29
  • August '24 Aug '24 20
  • July '24 Jul '24 12
  • June '24 Jun '24 7
  • May '24 May '24 20
  • April '24 Apr '24 13
  • March '24 Mar '24 16
Number of HELOC Loans i
5
(Feb 2025)
+150%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 9
  • December '24 Dec '24 13
  • November '24 Nov '24 7
  • October '24 Oct '24 7
  • September '24 Sep '24 11
  • August '24 Aug '24 11
  • July '24 Jul '24 6
  • June '24 Jun '24 10
  • May '24 May '24 6
  • April '24 Apr '24 9
  • March '24 Mar '24 4

Indianapolis, IN 46228 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 7
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 7
  • September '24 Sep '24 1
  • August '24 Aug '24 5
  • July '24 Jul '24 6
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 5
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 4
  • December '24 Dec '24 3
  • November '24 Nov '24 N/A
  • October '24 Oct '24 6
  • September '24 Sep '24 N/A
  • August '24 Aug '24 5
  • July '24 Jul '24 5
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 3
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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