Trendy retail hub formerly home to a governor, automakers and the Pacers
Cole-Noble has played multiple roles in Indianapolis history, including its current turn as an increasingly popular mix of retail and residential. The neighborhood has transformed regularly. Originally the farm of 19th-century Indiana Governor Noah Noble, it became an industrial neighborhood where the Cole Motor Car Company manufactured luxury cars from 1909-25. In the last quarter of the 20th century, the Indiana Pacers called the neighborhood’s Market Square Arena home. And an increasing number of residents have made Cole-Noble home since Market Square was demolished in 2001.
Roberts Camera has a team of knowledgable technicians to help with all of your camera needs.
Residents like to work remotely at Parlor Coffee House.
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One of Indy's most vibrant dining scenes
“Cole-Noble has grown rapidly in the last decade, and has become rather trendy,” says Mark Easley, co-owner of the neighborhood’s Easley Winery. “We’ve seen it grow from an industrial area, where at 5 p.m. businesses closed and the streets went dark, to a hip residential community with a great nightlife scene.” Easley Winery, which was Indiana’s first winery when it opened in 1974, has witnessed the transformation. Across the street, Sun King Brewery has two dozen different beers and seltzers on tap. Parlor Public House is a coffee shop that transitions to a cocktail lounge after 5 p.m. Vida — Indy's only AAA Four-Diamond restaurant — features four-course meals as well as vegan and vegetarian tasting menus. Thanks to Whole Foods and Needler’s Fresh Market, it’s also possible to shop for groceries without leaving the neighborhood.
Easley Winery offers tastings, a wine garden, and Saturday reggae in the summer.
Vida is one of the few restaurants in Indianapolis to earn AAA’s coveted Four Diamond award.
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Flanked by I-70, downtown
Cole-Noble is one of Indy’s most convenient neighborhoods, flanked by downtown to the west and Interstate 70 to the east. “People take walks to coffee shops during the day and enjoy the city parks,” Easley says. “There’s everything you need as a downtown resident here.” IndyGo’s No. 21 bus runs through the neighborhood. For those heading out of town, Indianapolis International Airport is 15 miles away, and Indy’s Amtrak station is just a mile from the neighborhood.
A short trip to Pacers games and other downtown events
When the Pacers left Market Square Arena, they didn’t go far. Gainbridge Fieldhouse, also home to the WNBA’s Fever, is about a half mile from the neighborhood. Lucas Oil Stadium and Victory Field are each a mile away. Gainbridge and Lucas Oil also host concerts for major touring acts. Lucas Oil, home of the NFL’s Colts, is the final American stop on Taylor Swift’s record-breaking Eras Tour.
Lucas Oil Stadium hosts many conferences and is home to the Indianapolis Colts.
The Old National Centre is a multi-purpose theater that hosts a variety of popular shows.
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Highland Park's views are nearby -- and Indianapolis Zoo, too
The Heart of Cummins Green is a public green space next to the Cummins Inc. corporate offices and the only park in the neighborhood. North of Cole-Noble is University Park, a city park with an artistic fountain. Across Route 70 is Highland Park, offering a spectacular view of Indianapolis’ downtown districts from one of the city’s highest points. This park includes concrete walking paths and a playground. White River State Park, which features the Everwise Amphitheater, botanic gardens and Indianapolis Zoo, is about a mile west of Cole-Noble.
Families appreciate the many benches and tables at Highland Park.
Residents enjoy scenic views of the White River at White River State Park.
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Multi-family buildings are neighborhood norm
Most Cole-Noble residents live in multi-family environments, including townhouses, condos and apartment buildings. Plenty of residential developments have been built in recent years, including the 28-story 360 Market Square, completed in 2018 on the former site of Market Square Arena. Recent sales range from $225,000 for a one-bedroom condo to around $750,000 for a three-bedroom. Wheeler Mission Shelter for Men, a non-denominational Christian shelter for men experiencing homelessness and/or addiction, is also a longstanding part of the neighborhood.
Some condos have secure entrances with colorful floral decorations in Cole-Noble.
Condos dominate the housing market in Cole-Noble.
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Indianapolis Public Schools serve neighborhood
Center for Inquiry at School No. 2, an Indianapolis Public School serving kindergarten through eighth grade, receives a B-minus rating on Niche. Arsenal Tech, Indy’s largest high school with more than 2,100 students enrolled, is also nearby. Its 76-acre campus has a college feel, and the school features five career academies: STEM, Law and Public Safety, Skilled Trades and Human Services, Media Arts and Design, and Teaching, Leading and Learning. Arsenal Tech has a C-rating. Herron High School, a public charter school with an A-plus rating, is less than 2 miles away.
Arsenal Technical High School is located in Indianapolis, Indiana.
Center For Inquiry School 2 is a haven of educational excellence in the heart of Indianapolis.
Herron High School offers a high level education to students in Indianapolis.
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CAP Crime score worth consideration
The CAP Index gives Cole-Noble a crime score of 9/10, more than double the national average.
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.
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Beautiful, buildable, divisible residential lot in the super-hot Holy Cross neighborhood, 12 blocks from downtown Circle. Lot can be used for multi-family development, up to 8 units. Water, sewer and gas lines on Market St.
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Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
595
Median Age
39
Population Density
13 ppl/acre
Population under 18
9.7%
Below the national average
23.8%
Population over 65
15.5%
On par with the national average
19.1%
Finances
Median Household Income
$107,237
Significantly above the national average
$71,702
Average Household Income
$154,081
Education and Workforce
High School Graduates
78.5%
Below the national average
89.1%
College Graduates
48.3%
Above the national average
34.1%
Advanced Degrees
17.6%
% Population in Labor Force
56.2%
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®
97/ 100
Very Walkable
Walk Score®
89/ 100
Good Transit
Transit Score®
64/ 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.
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.
