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Chatham Arch

Chatham Arch

Suburban Neighborhood in Indianapolis, Indiana

Marion County 46202, 46204

$498,929 Average Value
$309 Average Price per Sq Ft
15 Homes For Sale

Chatham Arch is one of the oldest neighborhoods in Indianapolis, with origins that go back to the 19th century. One of the biggest appeals of living in Chatham Arch is its quick access to Massachusetts Ave. “This location cannot be beaten if you want to be in the middle of all the action in Downtown Indy and Mass Ave,” says Susan Forrest, Realtor with United Real Estate Indianapolis.

Residents of Chatham Arch live in a mixture of detached homes and condos. The original Phoenix Theatre now houses three luxury condos. Originally built in 1907, many churches operated in this building over the years before the Phoenix Theatre called this building home. This history is apparent through the architectural characteristics, like the decorative arched windows. A three-bedroom and two-and-a-half-bath condo in this renovated building goes for $1,145,000. A classic 1874 Italianate home with five bedrooms and four baths goes for $1,175,000. There are also small bungalows that were built around the early 1900s that still exist today. A two-bedroom and two-bath bungalow is estimated to be around $482,000. The median listing price for homes in Chatham Arch is $445,000, with prices ranging from $230,000 to $1,600,000.

Students living in Chatham Arch attend Washington Irving School and Crispus Attucks Medical Magnet High, which has an A rating on Niche.com for diversity. Students at Crispus Attucks can participate in one of the Academies & Pathways, which includes computer science and health sciences.

For entertainment and dining, residents can head to Mass Ave. In the evening, sit down at Chatterbox Jazz Club. This dive bar is famous for having jazz acts every night and its walls of photos, postcards, stickers and sketches. Order their signature hot toddy that is made with lemon slices and cinnamon. Step into Salt on Mass’s modern dining room to order one of their freshly caught seafood. Order their grilled salmon or mahi mahi. For pasta, order the Lobster Mac & Cheese, which is made with Maine lobster, cheese sauce, bacon and gruyere.

Livery is housed in a building from the 1890s that once was a horse stable. Specializing in Latin cuisine, you can order one of their empanadas or tacos. You can also opt for their Taco Salad, which is made with beef, Chihuahua cheese, tortilla chips, salsa, black beans and other vegetables.

For entertainment, there is also the District Theatre, known for its intimate theatre experience and diverse performances.

For recreation, University Park is about a 13-minute walk away from the neighborhood. This park features the Depew Fountain. Marvel at its craftmanship and depiction of eight children dancing as a woman plays cymbals above them. The American Legion Mall is minutes away from University Park. This mall serves as a memorial for those who fought in World War II and the Korean and Vietnam Wars.

The Indianapolis Cultural Trail makes it easy for residents to access some of Indianapolis’ signature attractions and neighborhoods. This includes Indiana Avenue, White River State Park, the shops and restaurants of Mass Avenue, Market East, Fountain Square and the Wholesale District that has the Colts’ Lucas Oil Stadium. In Chatham Arch, the excitement of downtown Indianapolis is never too far away.

Nicholas Powell
Written By
Nicholas Powell
Jonathan Fairfield
Photography Contributed By
Jonathan Fairfield
Kellan Beaver
Video By
Kellan Beaver

Agents Specializing 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

Interested in learning more about homes in this area? Reach out to Ron Rose, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Indianapolis International

28 min drive

Bus

Massachusetts Ave & Davidson St

Bus

10th St & Bellefontaine St

Bus

Massachusetts Ave & Edison Ave

Bus

10th St & College Ave

Bus

Massachusetts Ave & Park Ave

Bus

Massachusetts Ave & East St

Bus

10th St & Park Ave

Crime and Safety

1 - Low Crime, 10 - High Crime Chatham Arch US
Homicide 4 4
Sexual Assault 7 4
Assault with Weapon 6 4
Robbery 8 4
Burglary 9 4
Motor Vehicle Theft 8 4
Larceny 9 4
Crime Score 8 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$402,500
Median Single Family Price
$449,900
Median Townhouse Price
$430,000
Median 2 Bedroom Price
$389,900
Median 1 Bedroom Price
$396,800
Average Price Per Sq Ft
$309
Number of Homes for Sale
15
Last 12 months Home Sales
36
Months of Supply
5.00
Median List Price
$449,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
4%

Home Facts

Number of Homes in Neighborhood
431
Median Year Built
1989
Avg. Single Family Home Size Sq Ft
2,037
On par with the national average
1,937
Average Townhouse Size Sq Ft
1,867
Average 2 Bedroom Size Sq Ft
1,525
Average 1 Bedroom Size Sq Ft
1,004
Median Lot Size Sq Ft
3,049

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Ron Rose, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,581
Median Age
35
Population Density
14 ppl/acre
Population under 18
14.7%
Below the national average
23.8%
Population over 65
10.8%
Below the national average
19.1%

Finances

Median Household Income
$74,813
On par with the national average
$71,702
Average Household Income
$120,112

Education and Workforce

High School Graduates
98.7%
College Graduates
73.5%
Significantly above the national average
34.1%
Advanced Degrees
36.6%
Above the national average
13.3%
% Population in Labor Force
74.4%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''

Area Factors

Biker's Paradise

Bike Score®

95 / 100

Walker's Paradise

Walk Score®

92 / 100

Good Transit

Transit Score®

52 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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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.
NEIGHBORHOOD
Chatham Arch
Ron Rose
Indiana Realty Pros, Inc.
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