21

Fairgrounds Homes for Sale

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  • /25

    $179,000

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft

    4534 Norwaldo Ave, Indianapolis, IN 46205

    First time home buyers or Investor Special on Norwaldo Avenue! Located near Broad Ripple and Meridian-Kessler, 4534 Norwaldo Ave is a solid investment opportunity with strong upside potential. This property offers a functional layout and classic bungalow charm, ready for your updates and vision. With some cosmetic improvements, repairs, and modern finishes, this home can be transformed into a

    Agent Photo

    Shane Foley

    F.C. Tucker Company

    (463) 223-9836

    4534 Norwaldo Ave, Indianapolis, IN 46205
  • /25

    $159,900

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    2029 E 44th St, Indianapolis, IN 46205

    With a calm and quiet location seconds from the Nickel Plate Trail, this move-in ready 2 bed, 1 bath ranch in South Broad Ripple is a turn key affordable option. Inside, the layout feels open and easy. The living room, dining room, and kitchen flow together. You'll also find new floors and fresh paint, plus a first floor laundry room. The kitchen includes a refrigerator, gas stove, newly painted

    Agent Photo

    Justin Capps

    Ferris Property Group

    (317) 458-2935

    2029 E 44th St, Indianapolis, IN 46205
  • /30

    $250,000

    • 3 Beds
    • 1 Bath
    • 850 Sq Ft

    5168 Caroline Ave, Indianapolis, IN 46205

    Welcome to this beautifully updated 3-bedroom, 1-bath bungalow in the heart of SoBro. This property has been completely renovated from top to bottom -new EVERYTHING - offering true peace of mind for its next owner. With thoughtful updates throughout and a fresh, modern feel, this home is truly move-in ready. Enjoy an unbeatable location just minutes from dining, shopping, entertainment, downtown

    Kylee Glyn Trueblood Real Estate

    5168 Caroline Ave, Indianapolis, IN 46205
  • /35

    $274,975

    • 3 Beds
    • 3 Baths
    • 1,135 Sq Ft

    4840 Hillside Ave, Indianapolis, IN 46205

    Welcome home to this beautifully remodeled property offering a fresh, clean aesthetic from top to bottom. The main level features two spacious bedrooms, while the finished basement adds a third bedroom and convenient half bath, providing flexible space for guests, a home office, or additional living needs. The seller has listened to feedback and added extra storage throughout the home! The heart

    Tina Floyd-Snodgrass Homeward Bound Realty LLC

    4840 Hillside Ave, Indianapolis, IN 46205
  • /22

    $270,000

    • 3 Beds
    • 2 Baths
    • 1,065 Sq Ft

    4513 Caroline Ave, Indianapolis, IN 46205

    Welcome to this beautifully reimagined ranch bungalow in the heart of SoBro (South Broad Ripple); one of Indianapolis' most vibrant and sought-after neighborhoods. Enjoy being just minutes from local shops, dining, parks, and everyday conveniences while living in a charming residential setting. This home has been completely rebuilt from the foundation up, offering the peace of mind of brand-new

    DeAnna Andrew BLK Key Realty

    4513 Caroline Ave, Indianapolis, IN 46205
  • /30

    $255,000

    • 3 Beds
    • 1 Bath
    • 1,592 Sq Ft

    5124 Primrose Ave, Indianapolis, IN 46205

    Check this one out! This updated, move-in ready SoBro bungalow is in the perfect location for all things Broad Ripple & Meridian Kessler. This charming home features 3 beds, 1 bath, a spacious four-season room, refinished original hardwood floors, and a full basement. Enjoy winter & summer nights in the four-season room that opens to a large living room, and into the updated kitchen - featuring

    Levi Cromer Trueblood Real Estate

    5124 Primrose Ave, Indianapolis, IN 46205
  • /19

    $250,000

    • 5 Beds
    • 2 Baths
    • 2,132 Sq Ft

    1621 E 46th St, Indianapolis, IN 46205

    The single-family residence at 1621 E 46th ST, INDIANAPOLIS, IN, offers an inviting home, ready for you to move in and begin creating memories. With five bedrooms, this home provides ample space for rest and rejuvenation, allowing each resident to personalize their haven and comes with a basement. Two full bathrooms offer convenience and comfort. Investor dream house! House is spilt into two

    Mujo Hajiric eXp Realty, LLC

    1621 E 46th St, Indianapolis, IN 46205
  • /42

    $229,900

    • 2 Beds
    • 1 Bath
    • 1,650 Sq Ft

    1507 E 52nd St, Indianapolis, IN 46205

    Super cute bungalow bursting with charm & character! Beautiful, original hardwoods, timeless archways & stunning built-in highlight the craftsmanship. The cozy yet functional layout offers comfortable living with natural light & warmth. Thoughtful updates blend modern convenience w/vintage appeal & move-in ready. Step outside to a lovely, fully fenced backyard - perfect for pets, entertaining, or

    Loree Myers Highgarden Real Estate

    1507 E 52nd St, Indianapolis, IN 46205
  • /17

    $209,000

    • 2 Beds
    • 1 Bath
    • 1,075 Sq Ft

    4827 Brouse Ave, Indianapolis, IN 46205

    A SoBro Gem! Whether you're looking for a simple brick ranch to call home or add to your investment portfolio, this is the one. Outside you'll find a large fenced backyard and large deck for entertaining, and an inviting front porch in the front. Inside, you'll find updated flooring, fresh paint and a charming broadripple kitchen with wood cabinetry and newer appliances. Off the living room,

    Kenneth Hall eXp Realty, LLC

    4827 Brouse Ave, Indianapolis, IN 46205
  • /4

    $475,000 New Construction

    • 6 Beds

    4237 Evanston Ave, Indianapolis, IN 46205

    Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

    Zachary Douglas Canull Group LLC

    4237 Evanston Ave, Indianapolis, IN 46205
  • /10

    $129,000

    • 1 Bed
    • 1 Bath
    • 1,248 Sq Ft

    4625 Evanston Ave, Indianapolis, IN 46205

    REDUCED! Nice fenced in 1 bedroom home with some updates in quiet & quaint area. Seller is very motivated and would like a quick close.

    Sandra Daley Dal Sand

    4625 Evanston Ave, Indianapolis, IN 46205
  • /2

    $30,000

    • Land
    • 0.13 Acre
    • $230,769 per Acre

    2030 Clay St, Indianapolis, IN 46205

    Welcome to a fantastic vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable venture.

    Andy Tresize Compass Indiana, LLC

    2030 Clay St, Indianapolis, IN 46205
  • /4

    $475,000 New Construction

    • 6 Beds

    4235 Evanston Ave, Indianapolis, IN 46205

    Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

    Zachary Douglas Canull Group LLC

    4235 Evanston Ave, Indianapolis, IN 46205
  • /26

    $133,000

    • 3 Beds
    • 1 Bath
    • 1,193 Sq Ft

    4362 Evanston Ave, Indianapolis, IN 46205

    Charming Indianapolis 3-Bedroom with Garage & Fenced Backyard! Welcome home to this inviting 3BR-1BA Indy gem that checks all the right boxes! Step inside through the enclosed front porch - perfect for morning coffee or kicking off your shoes before entering the warm & welcoming living rm featuring WB fireplace. Updated kitchen shines w/ granite countertops & flows into spacious family rm,

    Jeffrey Cummings RE/MAX Complete

    4362 Evanston Ave, Indianapolis, IN 46205
  • /7

    $210,000

    • 4 Beds
    • 2 Baths

    2026 Clay St, Indianapolis, IN 46205

    Don't miss this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently

    Andy Tresize Compass Indiana, LLC

    2026 Clay St, Indianapolis, IN 46205
  • /26

    $199,900

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1410 E 46th St, Indianapolis, IN 46205

    This "So-Bro" 2 bedroom and 1 bath home is situated on a corner lot with an attached 2 car garage and a fully fenced in back yard. The home boasts original hardwood floors throughout and a much desired bonus room connecting to the 2 car garage. Because Arsenal Park is directly across the street, you have unlimited access to open green space, recreation including a skate park and basketball

    Glenn Bill eXp Realty, LLC

    1410 E 46th St, Indianapolis, IN 46205
  • /24

    $175,000

    • 3 Beds
    • 1 Bath
    • 906 Sq Ft

    4438 Norwaldo Ave, Indianapolis, IN 46205

    Freshly updated 3 bedroom brick bungalow for sale in SoBro! New durable vinyl plank flooring installed in most rooms, plus new interior paint for a clean and classic look. The kitchen and laundry closet have been enhanced with added counter space, new vents and outlets for efficiency and comfort. Enjoy the privacy of a fenced backyard, with a spacious 2-car detached garage for plenty of storage

    Jessica Bischoff JRB Group

    4438 Norwaldo Ave, Indianapolis, IN 46205
  • /2

    $265,000

    • 4 Beds
    • 2 Baths

    4309 Crittenden Ave, Indianapolis, IN 46205

    Nestled in the heart of Indianapolis, this is a great opportunity for investment! This property offers an updated and modern feel with granite counter tops, stainless steel appliances, and hardwood floors. 1624 square feet of living area (2bed/1bath)per side, and rent at 1295 per side, this duplex offers great return on your investment. This one-story duplex provides a comfortable layout for

    Scott Veerkamp My Agent

    4309 Crittenden Ave, Indianapolis, IN 46205
  • /4

    $475,000 New Construction

    • 6 Beds

    4233 Evanston Ave, Indianapolis, IN 46205

    Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

    Zachary Douglas Canull Group LLC

    4233 Evanston Ave, Indianapolis, IN 46205
  • /40

    $400,000

    • 7 Beds
    • 3 Baths
    • 2,896 Sq Ft

    5111 Ralston Ave, Indianapolis, IN 46205

    Unbelievable opportunity in SoBro within biking distance to the Monon. Check out this 3 bedroom/1 bath featuring hardwood floors throughout and updated kitchen & bath. The 3rd bedroom is 23x12 and is a private upstairs retreat! Enter the basement through exterior side door leading to completely updated efficiency apartment with own bathroom, kitchen with center island, living room and laundry

    Shawnna West F.C. Tucker Company

    5111 Ralston Ave, Indianapolis, IN 46205
  • /12

    $399,999

    • Land
    • 0.12 Acre
    • $3,333,325 per Acre

    422 E 49th St, Indianapolis, IN 46205

    Incredibly rare opportunity to purchase the only lot currently for sale in Meridian Kessler! This extra deep buildable lot is in the center of Meridian Kessler surrounded by historic homes and many local favorite businesses. Walk 2 blocks in either direction and you have Cafe Patachou, Hubbard and Craven's Coffee, Sullivans Hardware, Upland Brewery, SoBro Famers Market, Dunkin Doughnuts, Circle

    Sami Abu Rumman Mecca Realty Group

    422 E 49th St, Indianapolis, IN 46205

Why Live in Fairgrounds

The Fairgrounds neighborhood in Indianapolis is anchored by its namesake, the historic Indiana State Fairgrounds. This area is increasingly influenced by its proximity to the trendy Broad Ripple neighborhood, offering a more affordable living option while still benefiting from the vibrant atmosphere. Housing options include older bungalows, cottages and ranch-style homes, with a growing number of new custom builds revitalizing the area. Local businesses like Black Circle Music Bar and GoldLeaf Savory & Sweet contribute to the neighborhood's lively scene, offering diverse entertainment and dining options. The annual Indiana State Fair draws thousands each year, bringing temporary traffic and noise to the southern part of the neighborhood. On a positive note, residents can easily walk to the events. The Indiana Farmers Coliseum hosts various sports events, adding to the area's attractions. The local schools have moderate ratings, and the neighborhood offers access to Arsenal Park, featuring a splash pad and skatepark, as well as the Monon Trail. Public transportation is accessible via IndyGo bus routes, and the neighborhood's central location allows for easy travel to Broad Ripple and downtown Indianapolis. Recent changes to the community include the departure of the Indiana School of the Deaf and the end of auto racing at the Fairgrounds.

Frequently Asked Questions

Is Fairgrounds a good place to live?
Fairgrounds is a good place to live. Fairgrounds is considered somewhat walkable and bikeable with some transit options. Fairgrounds is a suburban neighborhood. Fairgrounds has 6 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 35. The average household income is $56,272 which is below the national average. College graduates make up 41.8% of residents. A majority of residents in Fairgrounds are renters, with 59.3% of residents renting and 40.7% of residents owning their home. A local real estate agent serving Fairgrounds can help you decide if this neighborhood is the right one for you. Learn more on our Fairgrounds neighborhood guide.
Is Fairgrounds, IN a safe neighborhood?
Fairgrounds, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Fairgrounds?
The median home price in Fairgrounds is $242,500. If you put a 20% down payment of $48,500 and had a 30-year fixed mortgage with an interest rate of 6%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Fairgrounds. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fairgrounds is $56K.
What are the best public schools in Fairgrounds?
The best public schools that serve Fairgrounds are:
What are the best private schools in Fairgrounds?
The best private schools that serve Fairgrounds are:
What are the most popular zip codes in Fairgrounds, Indianapolis, IN?
The most popular zip codes in Fairgrounds, Indianapolis, IN include 46205, 46218, 46220, 46208 and 46226.
What are the most popular neighborhoods near Fairgrounds, Indianapolis, IN?
The most popular neighborhoods near Fairgrounds, Indianapolis, IN are Meridian Kessler, Avondale Meadows, Millersville, Mapleton-Fall Creek and Canterbury-Chatard.

Home Trends in Fairgrounds, IN

Housing Trends

Median Sale Price
$240,250
Median Single Family Sale Price
$232,500
Median Townhouse Sale Price
$385,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
14
Last 12 months Home Sales
98
Months of Supply
1.70
Median List Price
$242,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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