Homecroft

Homecroft

Located in Marion County

$278,482 Average Value
$144 Average Price per Sq Ft

Just four miles from downtown is a neighborhood that prides itself on its close-knit community. Homecroft was established in 1923 after World War I. “It feels like you are in a small town even though you are in the shadow of the big city,” says Leticia Latinovich, Realtor with Keller Williams Indy Metro South.

Houses in Homecroft range from ranch-style homes to Colonial Revival homes. Most of these homes were built from the 1920s to the 1940s. With this development came the installation of sidewalks and the planting of maple trees. Those living in the community are usually long-term residents, making it difficult to find a home for sale within the neighborhood. You can purchase a ranch-style home built in the 1940s with three bedrooms and two baths for $265,000. The median listing price for a home in Homecroft is $262,495.

Students living in Homecroft attend Homecroft Elementary, Southport Middle and Southport High, which has an overall B rating on Niche.com. Students at Southport High can attend Central Nine Career Center. There, students can get a better idea of the careers they want to pursue after graduation. Pathways include construction and landscaping, media and information technology, health sciences and human services.

Homecroft residents have a few notable restaurants a few minutes away from the neighborhood. The Mocha Nut Coffee Shop is where residents come in to meet new and old friends. They are also known for their seasonal drinks. Summer Send Off is made with strawberry juice and coconut cream. For an added touch, a freeze-dried strawberry sits at the top of this refreshing drink. One of their most popular drinks is the Cafe Miel, which includes raw honey, ground cinnamon, or and steamed milk. For something sweet, order one of their No-Bake cookies. These homemade cookies are chewy oatmeal cookies with a taste of peanut butter and chocolate.

Long’s Bakery is an Indianapolis staple that is always worth the trip. You can see the high demand of their Glazed Yeast Donuts by the line the wraps around the store. Other notable items are their chocolate eclairs and chocolate-covered cake donuts. This bakery is cash-only.

Burmese Restaurant is a go-to for Chinese, Indian and Thai dishes. For dinner, have the Pineapple Fried Rice or the Fried Rice with your choice of beef, chicken, pork and vegetables.

If you want to shop for groceries, there is a Kroger on Madison Avenue.

There are a few parks near Homecroft. Southport Park features a basketball court, a shelter for picnics and a playground with seesaws, slides, a merry-go-round and swings. Gray Park is where residents can appreciate the natural landscape of their community. The park features a pond and natural trail that sits beside Little Buck Creek. Perry Park is a few miles away from Homecroft. South High School Hockey Club and the Sycamore Ice Skating Club. Residents can enjoy the outdoor pool and its large slide, basketball, tennis courts and sports fields. Homecroft has all of the charm of a small suburban neighborhood.

Nicholas Powell
Written By
Nicholas Powell
Jason Koenig
Photography Contributed By
Jason Koenig
Antoine Allen
Video By
Antoine Allen

Interested in learning more about homes in this area? Reach out to Lori Davis Smith, an experienced agent in this area.

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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

Homecroft Housing Trends

Housing Trends

Median List Price
$374,450
Median Sale Price
$320,000
Median Single Family Sale Price
$320,000
Median Change From 1st List Price
17%
Last 12 months Home Sales
4
Median Home Sale Price YoY Change
$23
Average Price Per Sq Ft
$144

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Homecroft Has More Owners

Demographics

Total Population
693
Median Age
41
Population under 18
24%
On par with the national average
23.8%
Population over 65
18.9%
On par with the national average
19.1%

Finances

Median Household Income
$71,833
On par with the national average
$71,702
Average Household Income
$99,678

Education and Workforce

High School Graduates
95.5%
Above the national average
89.1%
College Graduates
38.4%
On par with the national average
34.1%
Advanced Degrees
12.1%
% Population in Labor Force
68.9%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
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.
Homecroft
Lori Davis Smith
Highgarden Real Estate