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Fairfax Homes for Sale

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  • /18

    $185,000

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    717 Olin Ave, Indianapolis, IN 46222

    This newly remodeled home with new upgrades - including a *NEW ROOF* - is the perfect combination of style, comfort, and location - perfect for a small family or investment opportunity. The kitchen features high-end finishes like all new stainless-steel appliances and quartz countertops while the basement offers additional storage space. Located on a quiet street, yet just minutes from Main

    Kristin Lott Key Exchange Real Estate

    717 Olin Ave, Indianapolis, IN 46222
  • /11

    $160,000

    • 3 Beds
    • 1 Bath
    • 1,645 Sq Ft

    531 N Alton Ave, Indianapolis, IN 46222

    This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.

    Olga Bliuc-Haggard New Quantum Realty Group

    531 N Alton Ave, Indianapolis, IN 46222
  • /26

    $214,999

    • 3 Beds
    • 2 Baths
    • 1,552 Sq Ft

    3459 W Michigan St, Indianapolis, IN 46222

    Charming and functional, this 3-bedroom, 2-bath home offers the perfect blend of comfort and flexibility. With one bedroom and a full bathroom conveniently located on the main level, it's ideal for guests, in-laws, or anyone seeking single-level living. The original hardwood floors have been beautifully maintained, adding warmth and character throughout the home. Downstairs, the basement

    Candice Childs Scott Estates

    3459 W Michigan St, Indianapolis, IN 46222
  • /31

    $170,000

    • 4 Beds
    • 2 Baths
    • 1,698 Sq Ft

    517 N Alton Ave, Indianapolis, IN 46222

    This remodeled 4-bedroom, 2-bathroom home is a must-see, located just minutes from the Indianapolis Motor Speedway. It features many upgrades including new flooring, renovated bathrooms, a spacious two-car garage, a fenced-in patio, a brand-new deck, and more-offering the perfect blend of style, comfort, and convenience. Seller is open to concessions with an acceptable offer.

    Iscary Payano 1 Percent Lists - Hoosier State Realty LLC

    517 N Alton Ave, Indianapolis, IN 46222
  • /21

    $159,900

    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    3646 Creston Dr, Indianapolis, IN 46222

    Welcome to 3646 Creston Dr - a move-in ready gem! This charming home features 3 spacious bedrooms and 1 full bath, offering comfort and functionality in a well-maintained layout. Perfect for first-time buyers, investors, or anyone looking for a turnkey opportunity .

    Braulio Moreno F.C. Tucker Company

    3646 Creston Dr, Indianapolis, IN 46222
  • /3

    $15,500

    • Land
    • 0.09 Acre
    • $172,222 per Acre

    450 N Exeter Ave, Indianapolis, IN 46222

    Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

    Devan Lunceford Totalis Real Estate Solutions

    450 N Exeter Ave, Indianapolis, IN 46222
  • /20

    $90,000

    • 3 Beds
    • 1 Bath
    • 1,072 Sq Ft

    3426 W Michigan St, Indianapolis, IN 46222

    Discover an incredible investment opportunity in the vibrant Westside of Indianapolis! This spacious 3-bedroom, 1-bathroom home encompasses 1,072 square feet of livable space. High ceilings impart a sense of openness, while the formal dining room invites cherished gatherings. A lovely bay window enhances the ambiance, allowing sunlight to fill the home and a built-in storage solution keeps

    Kathryn Teltow Highgarden Real Estate

    3426 W Michigan St, Indianapolis, IN 46222
  • /3

    $350,000

    • Land
    • 6.8 Acres
    • $51,471 per Acre

    3725 W Michigan St, Indianapolis, IN 46222

    Eric Middleton Middland Real Estate, LLC

    3725 W Michigan St, Indianapolis, IN 46222

Why Live in Fairfax

Fairfax, a neighborhood in Indianapolis’ Near Westside, is known for its proximity to the Indianapolis Motor Speedway and its blue-collar roots. The area features small Craftsman bungalows and cottages, many built before 1925, making it one of the city’s more affordable neighborhoods. The median household income is $34,000, and a significant portion of the population rents their homes. Fairfax is primarily residential, with leafy streets and a quiet atmosphere, except for the occasional roar of race car engines. Essential amenities are close by, including mom-and-pop shops, Mexican stores, and the popular King Ribs Bar-B-Q on 16th Street. For more extensive shopping needs, residents can visit a nearby Kroger about a mile east on Michigan Street. The neighborhood is safer than the national average, providing a relatively low crime risk environment. Recreational options include Olin Park within Fairfax and Thatcher Park in the adjacent Garden City neighborhood, which offers a golf course, sports complex, and community center. The Main Street corridor in Speedway, about two miles west, features restaurants, pubs, and a brewery, becoming particularly lively during the Indianapolis 500 events. Public transportation is accessible via IndyGo bus routes along Michigan Street and 10th Street, connecting residents to Downtown Indianapolis and other areas.

Frequently Asked Questions

Is Fairfax a good place to live?
Fairfax is a good place to live. Fairfax is considered very car-dependent and somewhat bikeable with some transit options. Fairfax is a suburban neighborhood. Fairfax has 6 parks for recreational activities. It is fairly sparse in population with 5.5 people per acre and a median age of 33. The average household income is $44,267 which is below the national average. College graduates make up 4.8% of residents. A majority of residents in Fairfax are renters, with 60.2% of residents renting and 39.8% of residents owning their home. A local real estate agent serving Fairfax can help you decide if this neighborhood is the right one for you. Learn more on our Fairfax neighborhood guide.
How much do you need to make to afford a house in Fairfax?
The median home price in Fairfax is $150,000. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $32K a year to afford the median home price in Fairfax. The average household income in Fairfax is $44K.
What are the best public schools in Fairfax?
The best public schools that serve Fairfax are:
What are the best private schools in Fairfax?
The best private schools that serve Fairfax are:
What are the most popular zip codes in Fairfax, Indianapolis, IN?
The most popular zip codes in Fairfax, Indianapolis, IN include 46222, 46241, 46221, 46224 and 46220.
What are the most popular neighborhoods near Fairfax, Indianapolis, IN?
The most popular neighborhoods near Fairfax, Indianapolis, IN are Garden City, Hawthorne, Haughville, West Indianapolis and Stout Field.

Home Trends in Fairfax, IN

Housing Trends

Median Sale Price
$126,950
Median Single Family Sale Price
$145,000
Average Price Per Sq Ft
$122
Number of Homes for Sale
6
Last 12 months Home Sales
28
Months of Supply
2.60
Median List Price
$150,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
21%
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