22

Fairgrounds Homes for Sale

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  • /25

    $170,000

    • 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
  • /26

    $258,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    4723 Evanston Ave, Indianapolis, IN 46205

    Welcome to this moveinready bungalow in the heart of SoBro, one of Indianapolis' most exciting and fastgrowing neighborhoods. This home is ideally located between the Monon Trail and the Nickel Plate Trail-offering some of the best biking, walking, and outdoor access in the city. The fully renovated 2bedroom, 1bath interior features brandnew Pergo flooring throughout, recessed lighting, fresh

    Amy Barbar F.C. Tucker Company

    4723 Evanston Ave, Indianapolis, IN 46205
  • /32

    $240,000

    • 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
  • /21

    $219,900

    • 3 Beds
    • 1 Bath
    • 1,440 Sq Ft

    4422 Ralston Ave, Indianapolis, IN 46205

    Check out this charming bungalow in the heart of SoBro, just a short walk to local favorites like the Monon, GoldLeaf, and Arsenal Park! This 3-bedroom, 1-bathroom home features two bedrooms upstairs and one on the main level, offering a flexible layout perfect for a variety of living arrangements. The kitchen boasts granite countertops, a tiled backsplash, new cupboards, a coffee station area,

    Trent Kiester @properties

    4422 Ralston Ave, Indianapolis, IN 46205
  • /21

    $249,999

    • 3 Beds
    • 2.5 Baths
    • 1,125 Sq Ft

    4328 Evanston Ave, Indianapolis, IN 46205

    Highly Motivated Seller! Fully Renovated | No HOA! Why rent when you can own? This beautifully remodeled single-family home offers 3 bedrooms and 3.5 bathrooms with a spacious, functional layout designed for modern living. The main level features a versatile bonus room-perfect for a home office, flex space, or additional living area. Enjoy newly installed waterproof luxury vinyl flooring

    Kendrick Major Alliance Enterprise Services, LLC

    4328 Evanston Ave, Indianapolis, IN 46205
  • /30

    $249,000

    • 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
  • /29

    $309,999

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft

    4316 Crittenden Ave, Indianapolis, IN 46205

    Completely rebuilt from the foundation up, this stunning 3 bed / 2 bath home offers 1,350 sqft of essentially new construction living while preserving its original character. Every major component has been redone in 2026, providing peace of mind and modern efficiency throughout. Step inside to an open-concept layout featuring vaulted ceilings and luxury vinyl plank flooring, creating a bright,

    Tyler Angel Keller Williams Indy Metro S

    4316 Crittenden Ave, Indianapolis, IN 46205
  • /25

    $329,000

    • 3 Beds
    • 2.5 Baths
    • 1,244 Sq Ft

    4213 Kingsley Dr, Indianapolis, IN 46205

    Welcome to 4213 Kingsley Dr- a beautifully remodeled home that feels brand new from the moment you step inside. This stunning property features a newly added primary suite complete with a spacious full bathroom and a walk in closet, creating the perfect private retreat. The entire home has been thoughtfully updated with all new flooring, fresh interior paint, and modern finishes throughout. Enjoy

    Sarah Skidmore @properties

    4213 Kingsley Dr, Indianapolis, IN 46205
  • /13

    $375,000 New Construction

    • 2 Beds
    • 2 Baths

    4456 Caroline Ave, Indianapolis, IN 46205

    This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 972 square feet of living area, the layout offers a comfortable, modern, homey

    Ed Neu Neu Real Estate Group

    4456 Caroline 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

    $90,000

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

    4625 Evanston Ave, Indianapolis, IN 46205

    REDUCED! Nice fenced in 1 bedroom home with basement. 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
  • /14

    $375,000 New Construction

    • 2 Beds
    • 2 Baths

    4464 Caroline Ave, Indianapolis, IN 46205

    This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 972 square feet of living area, the layout offers a comfortable, modern, homey

    Ed Neu Neu Real Estate Group

    4464 Caroline 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
  • /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
  • /4

    $35,000

    • Land
    • 0.12 Acre
    • $291,667 per Acre

    2025 E 44th St, Indianapolis, IN 46205

    Affordable South Broad Ripple Lot For Sale! Longterm investment or build your next home! Currently property, zoned D5, is being sold with home to the east but the lot can be sold separately. There used to be a home on the lot. Per Google Streetview, it seems the structure was removed after 2011. The seller doesn't have any information beyond that.

    Justin Capps Ferris Property Group

    2025 E 44th St, Indianapolis, IN 46205
  • /13

    $375,000 New Construction

    • 2 Beds
    • 2 Baths

    4460 Caroline Ave, Indianapolis, IN 46205

    This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 972 square feet of living area, the layout offers a comfortable, modern, homey

    Ed Neu Neu Real Estate Group

    4460 Caroline 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

    Justin Capps Ferris Property Group

    2029 E 44th St, Indianapolis, IN 46205
  • /18

    $168,500

    • 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
  • /39

    $199,900

    • 2 Beds
    • 1 Bath
    • 990 Sq Ft

    4444 Kingsley Dr, Indianapolis, IN 46205

    Experience the ultimate Indianapolis lifestyle in this charming 2-bedroom, 1-bathroom bungalow. Perfectly positioned between the vibrant energy of Broad Ripple and the Indiana State Fairgrounds, this home is just steps from the Monon Trail, local coffee shops, and eclectic dining.This move-in-ready gem features a functional layout that maximizes its historic character. Whether you are looking for

    Brady Burg F.C. Tucker Company

    4444 Kingsley Dr, 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
  • /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 $245,000. If you put a 20% down payment of $49,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K 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 Martindale-Brightwood.

Home Trends in Fairgrounds, IN

Housing Trends

Median Sale Price
$242,500
Median Single Family Sale Price
$236,500
Median Townhouse Sale Price
$385,000
Average Price Per Sq Ft
$205
Number of Homes for Sale
14
Last 12 months Home Sales
97
Months of Supply
1.70
Median List Price
$245,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%
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