Why Live in Marian Cold Springs
Marian Cold Springs in Indianapolis is a neighborhood that blends educational opportunities with natural beauty. Home to Marian University and a K-8 environmental science school, the area is bordered by the White River and adjacent to Riverside Park, which is undergoing an $11 million revitalization. Riverside Park, the city’s second-largest park, offers extensive green spaces, two 18-hole golf courses, fitness classes, a BMX track, a skatepark, and the Taggart Memorial Amphitheater, which hosts outdoor performances. The neighborhood is conveniently located four miles from downtown Indianapolis, making it easy to access urban amenities. Housing options include Cape Cod-style homes and midcentury ranches, typically situated on small lots with either attached or detached garages. Green Hills Lane and Meeting House Lane feature homes with larger yards and mature trees. Herron-Riverside High School, a nearby highly rated school, offers strong arts and language programs. Residents enjoy easy access to attractions like the Indianapolis Motor Speedway and the Indianapolis Zoo. Shopping options are limited within the neighborhood, but nearby 38th Street and Lafayette Road provide access to major retailers like Walmart and Target. The Iron Skillet, a local restaurant, has been serving family-style dinners since 1953. Pedestrian paths, such as the Central White River Trail, and roadways like Cold Spring Road facilitate easy movement within the neighborhood. However, areas along the river and certain streets on the west side face a high flood risk.
Home Trends in Marian Cold Springs, IN
On average, homes in Marian Cold Springs, Indianapolis sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Marian Cold Springs, Indianapolis over the last 12 months is $394,000, up 41% from the median home sale price over the previous 12 months.
Median Sale Price
$394,000
Median Single Family Sale Price
$419,470
Median Townhouse Sale Price
$2,389,000
Median 2 Bedroom Sale Price
$278,079
Average Price Per Sq Ft
$366
Number of Homes for Sale
7
Last 12 months Home Sales
39
Median List Price
$415,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
41%