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Garden City Multifamily Home for Sale

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    $249,900

    • 1 Bed
    • 1 Bath

    635 S Norfolk St, Indianapolis, IN 46241

    Investors here is your next one. Completely updated: roof, HVAC, Hot water heater, siding, some windows, kitchen, bath , flooring Oversized 2 car garage, two mini storage sheds, partially fenced, asphalt parking in front units Separate meters gas and electric . City water and sewer This is a must see. Bring your tenants!

    Anna Camden Tomorrow Realty, Inc.

    635 S Norfolk St, Indianapolis, IN 46241

Why Live in Garden City

Garden City, located west of Downtown Indianapolis, is a suburb known for its mix of contemporary garden apartment communities and older single-family homes along tree-lined streets. The neighborhood, home to about 16,000 residents, is just a mile south of the Indianapolis Motor Speedway, a major attraction each May for the Indianapolis 500. The area is bounded by Interstate 74 to the west and bisected by Rockville Road, which features a mix of apartment complexes, city parks, and residential blocks. The northern part of Garden City includes modern subdivisions with curvilinear roads, while the southern section is characterized by older homes built in the early 20th century. Single-family homes here average around 1,300 square feet, making them more affordable compared to the national average, with values ranging from $100,000 to $300,000. Washington Street, the southern boundary, is a commercial hub with strip malls, gas stations, fast-food outlets, and a Kroger grocery store. Rockville Road has fewer businesses but includes popular spots like Sam’s Club and Dammann’s Garden Center & Greenhouse. Nearby, the Main Street corridor in Speedway offers local dining and nightlife options, especially bustling during the racing season. Thatcher Park, a 22-acre facility, provides sports fields, a recreation center, and the Thatcher Golf Course. The Chuck Klein Softball Complex offers additional recreational opportunities. The neighborhood is accessible via IndyGo buses and local roads, with Downtown Indianapolis about five miles away. Interstates 70 and 74 provide quick regional travel, and Indianapolis International Airport is accessible via I-465.

Home Trends in Garden City, IN

Housing Trends

Median Sale Price
$340,200
Median Single Family Sale Price
$349,990
Median Townhouse Sale Price
$399,755
Median 2 Bedroom Sale Price
$337,000
Median 1 Bedroom Sale Price
$227,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
15
Last 12 months Home Sales
83
Months of Supply
2.20
Median List Price
$340,200
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-62%
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