15

Forest Manor Homes for Sale

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  • /14

    $225,000

    • 4 Beds
    • 2.5 Baths
    • 2,162 Sq Ft

    4750 E 38th St, Indianapolis, IN 46218

    Welcome home to 4750 E 38th Street Dr, a wonderful 4 bed home in booming Indy! Features include a beautifully styled kitchen w/neutral grey cabinets complimenting granite countertops, stone backsplash & a stainless steel smooth-top range, a cozy living room w/ plush carpets, 2.5 bathrooms, ceiling fans, newer HVAC, and all new windows on top floor. The lower level has been waterproofed w/multiple

    Champale Gilkey Keller Williams Indy Metro S

    4750 E 38th St, Indianapolis, IN 46218
  • /30

    $239,900

    • 4 Beds
    • 2 Baths
    • 3,270 Sq Ft

    4435 E 38th St, Indianapolis, IN 46218

    Welcome to 4435 E 38th St, a well-maintained single-family home nestled in the established Forest Manor neighborhood. This property blends timeless character with thoughtful updates, offering both comfort and style in a spacious layout. Step inside to a light-filled living room featuring vaulted ceilings, exposed beams, and a cozy fireplace. The updated kitchen is a highlight, complete with

    Phil Kirk @properties

    4435 E 38th St, Indianapolis, IN 46218
  • /3

    $219,900

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    3716 N Emerson Ave, Indianapolis, IN 46218

    All three properties are being sold for one price. (3726) 3bd 1.5ba (3722) 2bd 1ba (3716) 2bd 1ba all three units could easily become turnkey SFR rental income $822 and $1233. The potential profit margin could be substantially higher if these 3 properties with appx 1/2 acre of land and very high traffic visibility on Emerson was used for a home based business such as hair stylist barber and

    Pamela Journey E & L Son Enterprise, LLC

    3716 N Emerson Ave, Indianapolis, IN 46218
  • /2

    $219,900

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    3722 N Emerson Ave, Indianapolis, IN 46218

    All three properties are being sold for one price.(3726) 3bd 1.5ba (3722) 2bd 1ba (3716) 2bd 1ba all three units could easily become turnkey SFR rental income $822 and $1233. The potential profit margin could be substantially higher if these 3 properties with appx 1/2 acre of land and very high traffic visibility on Emerson was used for a home based business such as hair stylist barber and

    Pamela Journey E & L Son Enterprise, LLC

    3722 N Emerson Ave, Indianapolis, IN 46218
  • /5

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,032 Sq Ft

    3726 N Emerson Ave, Indianapolis, IN 46218

    All three properties are being sold for one price.(3726) 3bd 1.5ba (3722) 2bd 1ba (3716) 2bd 1ba all three units could easily become turnkey SFR rental income $822 and $1233. The potential profit margin could be substantially higher if these 3 properties with appx 1/2 acre of land and very high traffic visibility on Emerson was used for a home based business such as hair stylist barber and beauty

    Pamela Journey E & L Son Enterprise, LLC

    3726 N Emerson Ave, Indianapolis, IN 46218
  • /12

    $167,500

    • 3 Beds
    • 1.5 Baths
    • 1,240 Sq Ft

    4124 E 40th St, Indianapolis, IN 46226

    Welcome home! This single-family residence presents an inviting home, ready for its new chapter. The heart of this home is undoubtedly the kitchen, where culinary inspiration meets functional design. This single-story home offers three bedrooms and a well-appointed layout featuring one full bathroom and one half bathroom, perfectly suited to comfortable living within its 1240 square feet of

    Jeffrey Allen eXp Realty, LLC

    4124 E 40th St, Indianapolis, IN 46226
  • /20

    $140,000

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    3440 N Emerson Ave, Indianapolis, IN 46218

    This 2 bedroom, 1 bathroom home located on Indianapolis' east side is ready for its next owner. 832 square feet of living area and a single story make for a modest living space that's simple to maintain. Built in 1952, this home features original hardwood flooring in many of the rooms and built-in closet spaces in both of the bedrooms. Large common area in the living room with space for dining on

    Marcia Souers eXp Realty, LLC

    3440 N Emerson Ave, Indianapolis, IN 46218
  • /27

    $180,000

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

    4110 N Drexel Ave, Indianapolis, IN 46226

    Escape to your own private oasis! This adorable 2 bedroom, 1 bath home, located in a quiet, established neighborhood, offers the perfect blend of serenity and urban convenience. Imagine enjoying your morning coffee on the back patio surrounded by lush, mature trees. Yet, you're only a short commute to the city's restaurants, shops, and entertainment options. Inside, you'll find a cozy fireplace

    Clayton Wilson Key Realty Indiana

    4110 N Drexel Ave, Indianapolis, IN 46226
  • /5

    $135,000

    • 3 Beds
    • 1 Bath
    • 920 Sq Ft

    3521 N Riley Ave, Indianapolis, IN 46218

    This 3-bedroom, 1-bath home is currently rented for $900 a month and provides dependable cash flow in a growing area. Located on the northeast side of Indianapolis, it's close to parks, schools, and major roadways. The interior offers a simple, functional layout that's easy to maintain. A solid choice for investors seeking steady rental income with long-term upside.

    Olga Bliuc-Haggard New Quantum Realty Group

    3521 N Riley Ave, Indianapolis, IN 46218
  • /56

    $490,000

    • 4 Beds
    • 3 Baths
    • 3,115 Sq Ft

    3975 Denwood Dr, Indianapolis, IN 46226

    Traditional ranch sits on 1.83 acres, with beautiful mature walnut trees, and great potential to expand. Home is close to public transportation, hospitals and restaurants. Home has been freshly painted and floors refinished, with new carpet and bathroom updates, this beautiful home features a cozy family room with huge bay windows and fireplace for gatherings. Large Kitchen and a separate dining

    Delia Webster F.C. Tucker Company

    3975 Denwood Dr, Indianapolis, IN 46226
  • /14

    $140,000

    • 2 Beds
    • 2 Baths

    4920 E 34th St, Indianapolis, IN 46218

    Attention Investors! Looking for a cash-flowing occupied duplex?! Here you go! Just had a price improvement made. Current owner bought this as a duplex conversion. Single family rental property has been transformed into two individual one bedroom rental units. Both units are occupied and being managed by a professional property management company. Easy turnkey transition. Positive cash flow.

    Pamela Brown PMI Indianapolis

    4920 E 34th St, Indianapolis, IN 46218
  • /13

    $149,999

    • 3 Beds
    • 1 Bath
    • 1,176 Sq Ft

    3420 N Chester Ave, Indianapolis, IN 46218

    Charming 3-bedroom, 1-bathroom home in the sought-after Forest Manor Subdivision. Featuring original hardwood floors throughout, a spacious living room, and a functional kitchen ready for your personal touch. The property includes a garage and a backyard with plenty of potential. Conveniently located near schools, parks, and shopping. A perfect blend of comfort and convenience!

    Jake bonds Bennett Realty

    3420 N Chester Ave, Indianapolis, IN 46218
  • /2

    $17,000

    • Land
    • 0.14 Acre
    • $121,429 per Acre

    3050 Manor Ct, Indianapolis, IN 46218

    Spacious vacant lot ready for your dream home! Explore this Indianapolis property today! Potential bundle opportunity with a nearby lot-3044 Manor Court.

    Ashley Marino Berkshire Hathaway Home

    3050 Manor Ct, Indianapolis, IN 46218
  • /3

    $18,500

    • Land
    • 0.15 Acre
    • $123,333 per Acre

    4038 E 34th St, Indianapolis, IN 46218

    Huge Vacant lot ready to build your future home on! Come check out this lot in Indianapolis today!

    Robert Davenport Plum Tree Realty

    4038 E 34th St, Indianapolis, IN 46218
  • /7

    $219,900

    • 3 Beds
    • 1.5 Baths
    • 1,032 Sq Ft

    3726 N Emerson Ave, Indianapolis, IN 46218

    Pamela Journey E & L Son Enterprise, LLC

    3726 N Emerson Ave, Indianapolis, IN 46218

Why Live in Forest Manor

Forest Manor in Indianapolis is an older mid-20th century neighborhood known for its traditional homes and mature tree-lined streets. Its prime location offers residents quick access to downtown and several recreational spaces. The neighborhood is undergoing rejuvenation, with a mix of older residents and families enjoying the community amenities. Forest Manor Park, just seven minutes south, features nearly 20 acres of green space, baseball fields, and picnic areas. Washington Park, five minutes away, offers basketball courts, a disc golf course, playgrounds, and walking trails. Dining options nearby include Kings Ribs Bar-B-Q, Jamaican Breeze Sports Bar & Grill, Paco’s Taqueria, and R&R Extreme Wings, providing a variety of local favorites. The Indiana State Fairgrounds, 10 minutes away, hosts the annual state fair with carnival rides, concerts, and diverse food vendors. Fort Harrison State Park, less than 15 minutes from Forest Manor, offers walking trails, fishing, horse trails, and an 18-hole golf course. Families can also visit the Children’s Museum of Indianapolis, the largest of its kind in the world, located less than 12 minutes away. The neighborhood is safer than the national average, adding to its appeal for potential home buyers.

Frequently Asked Questions

Is Forest Manor a good place to live?
Forest Manor is a good place to live. Forest Manor is considered car-dependent and somewhat bikeable with some transit options. Forest Manor is a suburban neighborhood. Forest Manor has 5 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 44. The average household income is $49,711 which is below the national average. College graduates make up 19.7% of residents. A majority of residents in Forest Manor are home owners, with 36.5% of residents renting and 63.5% of residents owning their home. A local real estate agent serving Forest Manor can help you decide if this neighborhood is the right one for you. Learn more on our Forest Manor neighborhood guide.
How much do you need to make to afford a house in Forest Manor?
The median home price in Forest Manor is $614,900. If you put a 20% down payment of $123,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $137K a year to afford the median home price in Forest Manor. The average household income in Forest Manor is $50K.
What are the best public schools in Forest Manor?
The best public schools that serve Forest Manor are:
What are the best private schools in Forest Manor?
The best private schools that serve Forest Manor are:
What are the most popular zip codes in Forest Manor, Indianapolis, IN?
The most popular zip codes in Forest Manor, Indianapolis, IN include 46218, 46226, 46205, 46220 and 46219.
What are the most popular neighborhoods near Forest Manor, Indianapolis, IN?
The most popular neighborhoods near Forest Manor, Indianapolis, IN are Devington, Devon, Martindale-Brightwood, Arlington Woods and Avondale Meadows.

Home Trends in Forest Manor, IN

Housing Trends

Median Sale Price
$515,000
Median Single Family Sale Price
$609,990
Median Townhouse Sale Price
$1,055,000
Median 1 Bedroom Sale Price
$300,000
Average Price Per Sq Ft
$286
Number of Homes for Sale
11
Last 12 months Home Sales
44
Months of Supply
3.00
Median List Price
$614,900
Median Change From 1st List Price
0%
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