Alexandria

Alexandria

Located in Madison County

$192,258 Average Value
$118 Average Price per Sq Ft
22 Homes For Sale

Alexandria is a small community with a large draw

Residents of Alexandria know this small community by another name: Alex, pronounced el-lick. “If you were to ask us where we are from, we would say Alexandria. But amongst ourselves, we say Alex,” says Terri Smith, circulation assistant and local historian with the Alexandria-Monroe Public Library. The area has a slow pace of life but offers an unexpected attraction: the World’s Largest Ball of Paint. This ball started as a baseball that Michael Carmichael’s son painted when he was little. As of 2025, there are nearly 30,000 layers of paint, and visitors can come in and add more.

Alexandria is a town situated in central Indiana.
Alexandria is a town situated in central Indiana.
Downtown Alexandria remains the heart of the town.
Downtown Alexandria remains the heart of the town.
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Dor-Tee’s Drive-In and the Alex Movie Theatre are community staples

Dor-Tee’s Drive-In is a longstanding pillar in Alexandria, serving soft-serve ice cream since 1958. Its menu also includes comfort food like sloppy joe and chicken strips. The Harrison is a newer addition to the city, opening in 2023 as part of the Golf Club of Alexandria. “It’s an upper-class place, very nice,” Smith says. Ole Lucky is a bar and grill that serves traditional American fare like burgers. After dinner, people can catch a movie at Alex Movie Theatre, a mom-and-pop cinema that shows new releases and classics alike. “It’s a pretty popular place,” Smith says. “Parking is hard in the front on the weekends.” Residents can get groceries from Horner’s Midtown Market and find fresh produce at the Alexandria Farmers and Artists Market every Friday afternoon from May to September. A Dollar General is in the area, and Walmart, Target and Lowe’s are all within a 20-mile drive.

Residents and visitors have been eating at Alexandria's Dor-Tee's Drive In since 1958.
Residents and visitors have been eating at Alexandria's Dor-Tee's Drive In since 1958.
The Alex is a movie theater in downtown Alexandria.
The Alex is a movie theater in downtown Alexandria.
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Homes in Alexandria have a wide price range

Homes range from minimal traditional houses, Colonial Revivals and cottages from the late 19th century to mid-20th century ranch styles and bungalows. Some new traditional properties, built as recently as 2010, are also available. The Cottages is a 55-plus community at the Golf Club of Alexandria. Prices for a single-family home generally range from $20,000 to $620,000, with a median of about $170,000. The lower end of that range comprises of investment properties, while the higher end includes newer construction and ample acreage.


According to FEMA, parts of Alexandria are in a Special Flood Hazard Area. Most mortgage lenders require flood insurance for the affected areas.

The town of Alexandria has a large number or restored historical homes.
The town of Alexandria has a large number or restored historical homes.
Ranch style homes in Alexandria are seen with mid-century influences.
Ranch style homes in Alexandria are seen with mid-century influences.
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Beulah Park and the local library are major recreational hubs

Beulah Park features a playground, tennis court and swimming pool that is open during the summer. It hosts the Madison County 4-H Fair, a week-long event held every July. Activities include livestock shows, corn hole and kickball tournaments and a parade. There are also carnival rides, games and live music playing all week. There is a skatepark on the other side of town. At the Alexandria-Monroe Public Library, programming includes Story Time, craft clubs for all ages, garden club and watch parties. “We have a very, very strong presence with the library in town,” Smith says. “We offer a ton of variety of projects that bring a lot of different age groups and interests.” The Golf Club of Alexandria has an 18-hole course that is open to the public. Members of the club and residents of The Cottages play for free.

Beulah Park in Alexandria is home to a number of community events throughout the year.
Beulah Park in Alexandria is home to a number of community events throughout the year.
Residents check out new titles at the Alexandria-Monroe Public Library.
Residents check out new titles at the Alexandria-Monroe Public Library.
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Alexandria Community Schools include a strong athletic department

Alexandria Community Schools serve the area. Students start at Alexandria-Monroe Elementary School before heading to Alexandria-Monroe Junior-Senior High School (AMJSHS). Both receive a C-plus from Niche. “We are very strongly oriented, sports-wise, as far as our schools,” Smith says. “That’s tennis, that’s football, that’s basketball, that’s baseball.” As of 2025, AMJSHS has won the Central Indiana Conference Girls Tennis Championship 12 times, meaning it has the most wins in the district. Private education options include St. Mary School, a Catholic school that teaches pre-kindergarten through eighth grade.

Alexandria-Monroe Elementary School has an average enrollment of around 700 students.
Alexandria-Monroe Elementary School has an average enrollment of around 700 students.
The Alexandria-Monroe High School mascot is the Tigers.
The Alexandria-Monroe High School mascot is the Tigers.
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Residents come together for the Freedom and Christmas parades

People travel into the city for community events throughout the year. Two of the most notable are the Freedom Parade, which rides through Alexandria around the Fourth of July and ends with a fireworks display, and the Christmas Parade. The event begins with the annual chili dinner at the Alexandria-Monroe Historical Society Museum. After the parade, people reconvene on Main Street for hot cocoa, ornament decorating and a visit with Santa.

Alexandria is a car-dependent community over 50 miles from Indianapolis

Alexandria is a rural area, so residents rely on cars for travel. The closest major city is Indianapolis, about 55 miles away. State Route 9 leads to Interstate 69, about 15 miles south of the city center. The nearest emergency room is at Community Hospital Anderson, about 10 miles away. Indianapolis International Airport is about a 77-mile drive and has direct flights to over 50 destinations.

Zia Sampson
Written By
Zia Sampson
Kenyon Gerbrandt
Photography Contributed By
Kenyon Gerbrandt

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Alexandria Housing Trends

Housing Trends

Median List Price
$189,900
Median Sale Price
$179,750
Median Single Family Sale Price
$178,000
Median 2 Bedroom Sale Price
$224,900
Median Change From 1st List Price
4%
Last 12 months Home Sales
112
Median Home Sale Price YoY Change
$9
Average Price Per Sq Ft
$118

Neighborhood Facts

Number of Homes for Sale
22
Months of Supply
2.40

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Alexandria Has More Owners

Demographics

Total Population
5,616
Median Age
40
Population under 18
25.2%
On par with the national average
23.8%
Population over 65
18.6%
On par with the national average
19.1%

Finances

Median Household Income
$56,647
Significantly below the national average
$71,702
Average Household Income
$68,008

Education and Workforce

High School Graduates
91.7%
College Graduates
16%
Below the national average
34.1%
Advanced Degrees
3.7%
Below the national average
13.3%
% Population in Labor Force
69.5%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
21°F
Average Summer High Temperature
84°F
Annual Snowfall
17''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Alexandria
Devina Cagle
Indy House and Home