Why Live in Homecroft
Homecroft, located just four miles from downtown, is a neighborhood known for its close-knit community and small-town feel. Established in 1923, Homecroft features a mix of ranch-style and Colonial Revival homes, primarily built between the 1920s and 1940s. The neighborhood's tree-lined streets and sidewalks contribute to its charming atmosphere. Residents often stay long-term, making homes in the area highly sought after. Local dining options include the Mocha Nut Coffee Shop, known for its seasonal drinks like the Summer Send Off and the popular Cafe Miel, as well as homemade No-Bake cookies. Long’s Bakery, an Indianapolis staple, is famous for its Glazed Yeast Donuts and other treats, though it is cash-only. Burmese Restaurant offers a variety of Chinese, Indian, and Thai dishes, such as Pineapple Fried Rice and Fried Rice with various protein options. For groceries, residents can shop at the nearby Kroger on Madison Avenue. Parks in the vicinity include Southport Park, featuring a playground, picnic shelter, and basketball court, Gray Park with its natural trail and pond, and Perry Park, which offers an outdoor pool, sports courts, and fields. Homecroft has all the charm of a small suburban neighborhood while being conveniently close to the amenities of the city.
Frequently Asked Questions
What is the average home price in Homecroft, IN?
Homes for sale in Homecroft, IN have an average home price of $374,450.
How many homes have sold over the last 12 months in Homecroft, IN?
2 homes have sold in Homecroft, IN over the last 12 months.
What are the most popular zip codes in Homecroft, IN?
How much do you need to make to afford a house in Homecroft?
The median home price in Homecroft is $374,450. If you put a 20% down payment of $74,900 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $1,950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Homecroft.
How are the schools in Homecroft, IN?
Home Trends in Homecroft, IN
On average, homes in Homecroft, IN sell after 128 days on the market compared to the national average of 50 days. The median sale price for homes in Homecroft, IN over the last 12 months is $320,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$320,000
Average Price Per Sq Ft
$131
Last 12 months Home Sales
2
Median List Price
$374,450
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
10%