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Lockerbie Square Multifamily Home for Sale

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    $525,000

    • 2 Beds
    • 2 Baths

    312 N College Ave, Indianapolis, IN 46202

    Discover this charming and well-maintained duplex in the heart of downtown Indianapolis. Each side offers 2 bedrooms and 1.5 updated baths, with fresh interior and exterior paint throughout. The home features original hardwood floors, soaring ceilings, and spacious living and dining rooms filled with character. Enjoy the convenience of off-street parking and the very best walkable lifestyle-just

    Tom McNulty McNulty Real Estate Services,

    312 N College Ave, Indianapolis, IN 46202

Why Live in Lockerbie Square

Lockerbie Square, the oldest surviving residential neighborhood in Indianapolis, is known for its cobblestone streets and 19th-century houses, including Federal, Italianate, and Queen Anne styles. The area, saved by preservationists in the 1970s, features converted industrial buildings like the Lockerbie Glove Factory and a mix of cottages and modern custom homes. Despite the absence of parks, its tree-lined streets create an urban oasis just blocks from downtown. The James Whitcomb Riley Museum Home serves as a community hub, and nearby Highland Park and Willard Park offer green spaces. Dining options include the historic Rathskeller beer hall and the highly-rated Vida restaurant, with additional eateries and entertainment in the Bottleworks District. Whole Foods and Needler’s Fresh Market are conveniently located nearby. Lockerbie Square hosts annual events like the Fourth of July celebration and L’Ocktoberfest. Herron High School, a highly rated public charter school, is less than 2 miles away. The neighborhood is well-connected, with access to Interstates 65 and 70 and several IndyGo bus routes. Compared to the national average, Lockerbie Square has fewer reports of auto theft than most parts of downtown Indy. Occasional flooding near Park Ave. and Michigan St. is a noted concern.

Home Trends in Lockerbie Square, IN

Housing Trends

Median Sale Price
$452,000
Median Single Family Sale Price
$599,900
Median Townhouse Sale Price
$482,500
Median 2 Bedroom Sale Price
$367,500
Median 1 Bedroom Sale Price
$297,500
Average Price Per Sq Ft
$268
Number of Homes for Sale
8
Last 12 months Home Sales
35
Months of Supply
2.70
Median List Price
$475,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%
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