Townhomes for Sale in Five Points, Indianapolis

Five Points in Indianapolis is a neighborhood known for its vibrant community events and diverse housing styles. The Marion County Fair, held annually in late June and early July, is a major attraction, celebrating the county's agricultural heritage with livestock barns, a carnival midway, and unique performances like Twiggy the Water-Skiing Squirrel. The fairgrounds also host weekly races at Circle City Raceway from April through October, where the sounds of racecar engines and cheering fans fill the air on race nights. The neighborhood is served by the highly rated Franklin Township Community School Corporation, with schools like Thompson Crossing Elementary, Edgewood Intermediate, and Franklin Central High School, which is ranked No. 6 in Marion County. Dining options include Xtrordinary Pizza, Brewskies Pub and Eatery, and One More Lounge, known for its live music on weekends. For outdoor activities, Wildwood Park offers a picnic shelter, playground, and splash pad, while Hanover North Park features a walking path and playground. The nearby Indy Island Aquatic Center provides a heated indoor pool and a 15-foot slide. Five Points is car-dependent but conveniently located at the junction of Interstates 74 and 465, with Downtown Indianapolis 7 miles away and Indianapolis International Airport about 20 miles to the west. Housing in the neighborhood includes Craftsman and bungalow-style homes from the 1910s, midcentury ranch-style homes, and newer two-story Traditional houses from the 2010s, typically on quarter-acre and half-acre lots.