$246,837Average Value$145Average Price per Sq Ft35Homes For Sale
Home of Marion County Fair and many new residents
Though its name connotes a busy intersection, Five Points is where the country meets the suburbs in southeast Indianapolis. Named for the triangular meeting point of Troy Avenue, Southeastern Avenue and Five Points Road, the rapidly growing neighborhood of suburban subdivisions is still home to a handful of farm fields and the Marion County Fairgrounds. Nearly 90% of the homes in Five Points were built after 2000. “This is an area for those who want to hide in the middle of suburbia,” says Susan Forrest, Realtor with United Real Estate Indianapolis.
Five Points is a great place to put down roots in a wholesome, thriving community.
Five Points is home to the Marion County Fairgrounds, hosting a yearly fair.
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Suburban streetscapes carved from former farmland
Houses in Five Points reflect three stages of the neighborhood’s development. A handful of Craftsman and bungalow-style houses from the 1910s near the Five Points intersection reflect the first wave. Development continued with subdivisions of midcentury ranch-style homes, and then boomed in the 2010s with subdivisions primarily consisting of two-story Traditional houses with attached garages. Quarter-acre and half-acre lots are typical. “The area has become quite popular, and one can buy a bigger home than in other areas of the city,” Forrest says. “In the last five-plus years, there has been a huge boom in new construction.” Prices in the neighborhood range between $190,000 and $350,000.
Homes perfect for home buyers of any life stage can be found in Five Points.
Homes that can satisfy even the most selective buyer are available throughout Five Points.
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Franklin Township schools, plus Nativity Catholic
Franklin Township Community School Corporation, which serves Five Points, earns an A-minus rating on Niche. Students attend four different schools, beginning with B-plus-rated Thompson Crossing Elementary from kindergarten through third grade. They move on to B-plus-rated Edgewood Intermediate, B-rated Franklin Central Junior High, and A-minus-rated Franklin Central High School. Franklin Central High is the No. 6-ranked public high school in Marion County. Friday night football is a big deal at Franklin Central — there’s enough room for 3,500 fans on the home sideline alone. Nativity Catholic School, located next to Nativity Catholic Church, serves kindergarten through eighth grade and is the only school within Five Points.
Thompson Crossing Elementary School building in Galludet.
Franklin Central Junior High School is a public school in Indianapolis.
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At the southeast junction of I-74 and I-465
Five Points is a car-dependent neighborhood, but one that is conveniently located at the junction of Interstates 74 and 465. Downtown Indianapolis is 7 miles to the northwest, and Indianapolis International Airport is about 20 miles to the west — typically a 20- to 30-minute drive on I-465. Cincinnati is about 100 miles southeast of Five Points on I-74.
Five Points, near the highway, provides easy access to all of Indianapolis.
New traditional homes filled with new traditional homes are found in Five Points.
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Indy Island Aquatic Center close by
Wildwood Park features a picnic shelter, playground, splash pad and ample green space. On the neighborhood's north end, Hanover North Park has a walking path, playground, and picnic shelter. Brandenburg Park, a small corner park with a playground, is also in the neighborhood. Kids can learn to swim in a heated indoor pool at the nearby Indy Island Aquatic Center, which has a lap pool and a 15-foot slide above the water.
Indy Island Aquatic Center is the place to go for fun in the water in Five Points.
Thompson Park’s nine acres of greenspace includes a basketball court in Popular Grove.
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Popular pizza, plus burgers fit for Chewbacca
Xtrordinary Pizza isn’t just popular in the neighborhood — patrons also come to the pizzeria from Indy’s west side and points beyond. Brewskies Pub and Eatery features unique fare like the Chewbacca Burger — a beef patty covered in cheddar and mozzarella cheese, then wedged between two grilled cheese sandwiches rather than buns. One More Lounge, a hole-in-the-wall bar popular with bikers, has an outdoor stage with live music on weekends. For groceries, there are two Kroger locations within 5 miles of the neighborhood.
Brewskie's has fresh food, cold beer, and great conversation with friends.
Xtrordinary Pizza slings fresh pies every day, and is popular with Five Points Residents.
Generations Grill in Five Points has a great atmosphere to eat and watch sports.
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Marion County Fair, Circle City Raceway get motors running
The Marion County Fair, held annually in late June and early July for more than 90 years, is the biggest event in Five Points. The fair celebrates Marion County’s agricultural heritage with livestock barns, while also featuring a carnival midway and performances by the likes of Twiggy the Water-Skiing Squirrel. The fairgrounds remain busy from April through October with weekly races at Circle City Raceway. The quarter-mile dirt track has a full stock car schedule, racing on Friday nights and a handful of Saturdays throughout the season. Houses closest to the Raceway are likely to hear the roar of racecar engines and cheers of fans on race nights.
The Marion County Fairgrounds plays host to summertime tradition, the Marion County Fair.
Head down to the Circle City Raceway on Fridays to catch local races in Five Points.
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Crime score meets national average
Five Points earns a 4/10 crime score on the CAP Index, which is equivalent to 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.
View GreatSchools Rating Methodology
Are you familiar with the Five Points neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Five Points
US
Homicide
5
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Five Points Demographics and Home Trends
On average, homes in Five Points, Indianapolis sell after 37 days on the market compared to the national average of 53 days. The median sale price for homes in Five Points, Indianapolis over the last 12 months is $263,000, up 3% from the median home sale price over the previous 12 months.
Move-in ready 3BR/1BA ranch in quiet Franklin Township, featuring a true zero-step entry and a spacious walk-in shower. This updated single-level home is an excellent option for active seniors, retirees, empty nesters, first-time buyers, or anyone seeking low-maintenance or wheelchair-accessible living. Located on a peaceful, tree-lined street with a fully fenced backyard and no HOA, the property
This charming single-family home offers a truly move-in ready opportunity, thoughtfully updated to provide comfortable and modern living. Every room has been freshly painted, creating a clean and welcoming atmosphere throughout the home. New flooring spans the entire house, complemented by new countertops, updated light fixtures, and brand-new kitchen appliances, including a refrigerator and
Discover this stunning new construction home at 3930 Quinn Road in Franklin Township, built by M/I Homes. This impressive 4-bedroom, 2.5-bathroom home spans 2,264 square feet of thoughtfully designed living space. Key Features: Flex room Open-concept living space Electric fireplace Loft Owner's en-suite bathroom The home features an open-concept living space that seamlessly connects the main
Discover this stunning new construction home at 3923 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,128 square feet of comfortable living space with an open-concept layout perfect for both daily living and entertaining. Key Features: 2.5-car garage Flex room with a walk-in closet Open-concept living space Walk-in closets in
Discover this stunning new construction home at 7119 Waylon Way in Indianapolis (Franklin Township), built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home offers 2,596 square feet of comfortable living space. Key Features: First-floor flex room Open-concept living space Loft Walk-in closets in each bedroom Owner's en-suite bathroom This home showcases quality design
Discover this stunning new construction home at 3926 Quinn Road in Franklin Township, built by M/I Homes. This thoughtfully designed 4-bedroom, 2.5-bathroom home spans 2,388 square feet and features an open-concept living space. Key features include: First-floor flex room Electric fireplace Loft Owner's en-suite bathroom The home's floorplan maximizes functionality while maintaining an inviting
Discover this stunning new construction home at 3934 Quinn Road in Indianapolis / Franklin Township, built by M/I Homes. This beautiful 4-bedroom, 2.5-bathroom home offers 2,262 square feet of thoughtfully designed living space. Key Features: Flex room Open-concept living space Loft Owner's en-suite bathroom The home features an open-concept living space that seamlessly connects the main areas,
Welcome to the Brooklyn plan, a home that's perfect for those seeking spaciousness, elegance, and top-notch craftsmanship. This home features 3 bedrooms (with an optional fourth), 2.5 bathrooms, a 2-car garage, and 2,128–2,245 square feet of living space.
Discover this stunning new construction home at 7125 Waylon Way in Indianapolis / Franklin Township, built by M/I Homes. This thoughtfully designed 3-bedroom, 2.5-bathroom home offers 2,128 square feet of open-concept living space. Key Features: Flex room Open-concept living space Loft Walk-in closets in each bedroom This home showcases exceptional design quality with attention to detail
Welcome to your beautiful Lennar Home that offers both convenience and value! This charming single-story home includes an open layout among the kitchen, dining area and great room. The Owner suite has a beautiful spacious walk-in closet with a double sink in the bathroom. This Home is great for entertaining family and friends. Don't miss out on this wonderful opportunity... This home won't be
This home is exclusively offered by Brandywine Homes USA on a first-come, first-approved basis until the lease is signed and the security deposit is paid. Rental Qualifications: Rental Fees: Security Deposit: Varies based on credit, with a standard deposit equal to 1 month's rent. Security Deposit Alternatives available - $150 fee (subject to approval).
Special security deposit offer: Pay just 75% of your base rent as your security deposit (taxes and fees not included), valid for new applicants who sign a 12-month lease by February 28, 2026. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is professionally managed by AMH Living, a leading single-family rental
Coming soon - this home is currently being enjoyed by another resident but will be available soon. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 2.5 bathrooms, and approximately 2,030 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at Coming soon! This home is
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
Special security deposit offer: Pay just 75% of your base rent as your security deposit (taxes and fees not included), valid for new applicants who sign a 12-month lease by February 28, 2026. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is professionally managed by AMH Living, a leading single-family rental
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at Coming soon! This home is
We are currently making final preparations for this home to be available. We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be
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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.
