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Devon Homes for Sale

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  • /16

    $30,000

    • Land
    • 0.62 Acre
    • $48,387 per Acre

    4555 N Emerson Ave, Lawrence, IN 46226

    Discover the potential of this spacious 0.62-acre residential lot located in the established Devon Hills neighborhood on the northeast side of Indianapolis. Nestled in a mature area with trees and natural privacy, this property offers the perfect setting to build your dream home or a great opportunity for an investor or builder looking for their next project.

    Craig DeBoor Real Broker, LLC

    4555 N Emerson Ave, Lawrence, IN 46226
  • /67

    $500,000

    • 3 Beds
    • 2 Baths
    • 1,826 Sq Ft

    4720 Mallard View Dr, Indianapolis, IN 46226

    Waterfront living in Indianapolis has never been more convenient than at Mallard Lake! Enjoy private boating and fishing for residents only nestled next to 19 acres of wooded trails along Fall Creek. The ranch home itself offers peace of mind with a slew of updates including a new roof, windows, flooring, custom tile showers and much more. Soaring ceilings give the home a grand scale while a

    Krystin Wiggs @properties

    4720 Mallard View Dr, Indianapolis, IN 46226
  • /33

    $319,900

    • 2 Beds
    • 2.5 Baths
    • 1,687 Sq Ft

    5233 Nob Ln, Indianapolis, IN 46226

    A Price improvement on this rare gem, an Avriel Shull-designed condominium in the prestigious Ladywood Estates Historic District showcases iconic mid-century design. Freshly Painted and recent modern updates to Kitchen and the 3 Baths. Featuring expansive interiors, hardwood floors, striking iron stair railings, and two stone wood-burning fireplaces-one in the elegant living room and one in the

    Kelly Huff F.C. Tucker Company

    5233 Nob Ln, Indianapolis, IN 46226
  • /18

    $314,900

    • 3 Beds
    • 2 Baths
    • 1,582 Sq Ft

    4609 Andover Rd, Indianapolis, IN 46226

    Welcome to this charming stone ranch in Devon Ridge, offering endless potential on a beautifully sized .54-acre lot. With 3 bedrooms and 2 full bathrooms, this home is full of character and ready for your vision. The great room features a cozy fireplace, while the living room offers peaceful views of the backyard and covered patio. A rare opportunity to refresh and create your perfect home in a

    Bif Ward F.C. Tucker Company

    4609 Andover Rd, Indianapolis, IN 46226
  • /33

    $385,000

    • 3 Beds
    • 3.5 Baths
    • 2,887 Sq Ft

    4477 Devon Lake Rd, Indianapolis, IN 46226

    Check out this BRAND NEW 3bd/3.5ba ranch located near Devon Lake! This never-been-lived-in home is packed with features - a huge 24x10 covered front porch, Hardie Plank siding, an oversized 2 car garage, a spacious entryway, an office nook, a spacious great room with an electric fireplace & built-in shelving, crown moulding, full window encasements, a fresh concrete driveway, and a HUGE 60x12

    James Embry Keller Williams Indpls Metro N

    4477 Devon Lake Rd, Indianapolis, IN 46226
  • /5

    $125,000

    • Land
    • 1.24 Acres
    • $100,806 per Acre

    4227 E 46th St, Indianapolis, IN 46226

    Last lot available in this secluded space on the east side of Indy! Build your dream home in this spacious piece of land that will give you the serenity and privacy you desire without having to leave the city! Lot dimensions to be verified by buyer.

    Karime Gonzalez Romero Epique Inc

    4227 E 46th St, Indianapolis, IN 46226

Why Live in Devon

Devon, a quiet residential neighborhood in northeast Indianapolis, is known for its stunning mid-century ranches and mid-century modern homes on large, tree-lined lots. Located about 8 miles from downtown, Devon offers a peaceful, secluded environment where children can ride bikes and residents can enjoy evening strolls. The neighborhood features the Devon Country Club, which includes a seven-lane lap pool, tennis, and volleyball courts. Nearby, Fort Harrison State Park provides extensive outdoor activities, including walking trails, fishing, and an 18-hole golf course. For indoor activities, the Avondale Meadows YMCA is just 2 miles away. Devon residents have convenient access to essentials with a Walmart Neighborhood Market, CVS, and Dollar Tree nearby. Dining options include Lincoln Square Pancake House and Garrett’s Smokehouse Barbecue. Students attend highly rated schools in the Metropolitan School District of Washington Township, including Clearwater Elementary, Eastwood Middle, and North Central High, which offers college coursework opportunities. Public transportation is limited, so most residents rely on cars. The Indiana State Fairgrounds, less than 3 miles away, hosts the annual state fair and various events throughout the year. Devon's crime rate is lower than the national average, contributing to its appeal as a safe and serene neighborhood.

Frequently Asked Questions

Is Devon a good place to live?
Devon is a good place to live. Devon is considered very car-dependent and somewhat bikeable with minimal transit options. Devon is a suburban neighborhood. Devon has 5 parks for recreational activities. It is sparse in population with 2.5 people per acre and a median age of 52. The average household income is $100,823 which is above the national average. College graduates make up 52.7% of residents. A majority of residents in Devon are home owners, with 7.3% of residents renting and 92.7% of residents owning their home. A local real estate agent serving Devon can help you decide if this neighborhood is the right one for you. Learn more on our Devon neighborhood guide.
How much do you need to make to afford a house in Devon?
The median home price in Devon is $301,950. If you put a 20% down payment of $60,400 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Devon. The average household income in Devon is $101K.
What are the best public schools in Devon?
The best public schools that serve Devon are:
What are the best private schools in Devon?
The best private schools that serve Devon are:
What are the most popular zip codes in Devon, Indianapolis, IN?
The most popular zip codes in Devon, Indianapolis, IN include 46226, 46220, 46205, 46218 and 46250.
What are the most popular neighborhoods near Devon, Indianapolis, IN?
The most popular neighborhoods near Devon, Indianapolis, IN are Millersville, Avondale Meadows, Devington, Forest Manor and Brendonwood.
Are home prices dropping in Devon?
Yes, home prices in Devon are down 5% in the last 12 months.

Home Trends in Devon, IN

Housing Trends

Median Sale Price
$276,250
Median Single Family Sale Price
$314,900
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
4
Last 12 months Home Sales
22
Months of Supply
2.20
Median List Price
$301,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
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