Galludet is a Franklin Township neighborhood that blends suburban and rural residential settings on the southeast side of Indianapolis about 15 miles from downtown. Galludet is served by a highly rated school district, with several of its schools in the neighborhood, and it is home to the township’s premier park.
D.R. Horton, Lennar and Fischer Homes are among the companies involved in ongoing residential development. New home communities can be found throughout Galludet, but they are concentrated in the northeast portion of the neighborhood where there’s more room to build. HOA fees for single-family homes in Galludet range from around $20 to about $90. The rest of Galludet offers a little bit of everything: historic homes, ranch-style homes and other midcentury designs, an abundance of contemporary homes in a variety of sizes built from the late 1990s to the 2010s, and rural properties that offer plenty of additional land. Prices typically range from the high $100,000s to around $700,000. However, large custom homes and acreage properties can list for more. A small selection of condos can also be found, with prices that range from the high $100,000s to the low $200,000s. HOA fees range from the low $200s to about $300.
Galludet’s median sales price in the mid-$300,000s puts it on the high end of surrounding Franklin Township neighborhoods. How they compare:
The community is served by the highly rated Franklin Township Community School Corporation. The district’s flagship school, Franklin Central High School, is in the neighborhood. There are also three elementary schools and two middle schools in the Galludet, and another elementary school just outside of it. All seven of those schools are highly rated.
Elementary schools serve students in kindergarten through third grade, while intermediate schools serve students in fourth through sixth grades. The district allows students to apply for transfers to schools outside of their geographic zones. They can also apply for out-of-district transfers under Indiana’s Open Enrollment law.
Lutheran High School of Indianapolis, a small, highly rated private institution, is also in the neighborhood. The school has won Class 1A state championships in football, baseball and boys basketball.
Franklin Township Community Park, adjacent to Franklin Central High School, is the center of the area’s recreational activity. The nearly 100-acre park is anchored by athletic fields that host organized youth leagues in baseball, softball and soccer. Other featured amenities include colorful children’s playscapes and courts for tennis, pickleball and basketball. There are also trails and a pond. Nearby Dakota Landing Golf Course features a 9-hole layout.
Murphy’s Pubhouse South on Thompson Road offers food, drinks and live music. Flashbacks Family Bar & Grille on Southport Road is another popular destination. A neighborhood Kroger is also along the Southport Road commercial corridor. Target, Meijer, Menards and several restaurants are located near the intersection of Southport Road and Emerson Avenue just minutes west of the neighborhood.
While you wouldn’t know it from its quiet setting, Galludet is conveniently located to three major highways. Interstate 65 to the west and Interstate 74 to the east both connect to Interstate 465 to the north for travel throughout the region. The 15-mile commute to downtown Indianapolis via I-65 can be made in under 30 minutes. It’s a few miles farther to Indianapolis International Airport via I-465, but the drive time is about the same.
Don Harrington
F.C. Tucker Company
(317) 676-3380
219 Total Sales
9 in Galludet
$180K - $515K Price Range
Michele Snyder
M Realty Services
(855) 625-6431
38 Total Sales
1 in Galludet
$662,000 Price
Don Wilder
Berkshire Hathaway Home
(463) 219-2353
150 Total Sales
5 in Galludet
$250K - $950K Price Range
Susan Falck-Neal
RE/MAX First Integrity
(765) 737-2344
429 Total Sales
2 in Galludet
$284,500 Price Range
Navjot Kaur
Blue Flag Realty Inc
(516) 559-4914
9 Total Sales
2 in Galludet
$349K - $400K Price Range
Janet Giles
Your Realty Link, LLC
(888) 589-3770
97 Total Sales
3 in Galludet
$280K - $395K Price Range
On average, homes in Galludet, Indianapolis sell after 50 days on the market compared to the national average of 55 days. The median sale price for homes in Galludet, Indianapolis over the last 12 months is $346,497, consistent with the median home sale price over the previous 12 months.
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Median List Price
$359,284
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Median Sale Price
$346,497
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Median Single Family Sale Price
$353,925
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Median Townhouse Sale Price
$301,500
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Median 2 Bedroom Sale Price
$251,750
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Median Change From 1st List Price
2%
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Last 12 months Home Sales
450
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Median Home Sale Price YoY Change
0%
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Average Price Per Sq Ft
$154
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Number of Homes
4,756
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Number of Homes for Sale
117
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Median Year Built
2003
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Months of Supply
3.10
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Average Single Family Home Size Sq Ft
2,307
Above the national average
1,935
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Average Townhouse Size Sq Ft
1,612
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Average 2 Bedroom Size Sq Ft
1,354
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Median Lot Size Sq Ft
9,583
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The Indianapolis market is seeing modest price gains as inventory expands faster than the national pace.
$2,320 per month
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Number of Homes for Rent
18
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Median Rent
$2,014
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Median Single Family Home Rent
$2,015
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Median 4 Bedroom Single Family Home Rent
$2,430
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Total Population
12,449
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Median Age
38
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Population Density
3 ppl/acre
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Population under 18
29.2%
Above the national average
23.8%
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Population over 65
13.8%
Below the national average
19.1%
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Median Household Income
$100,328
Above the national average
$79,597
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Average Household Income
$121,242
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High School Graduates
96.6%
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College Graduates
43.1%
Above the national average
34.1%
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Advanced Degrees
15.8%
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% Population in Labor Force
77.3%
Above the national average
64.9%
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Annual Precipitation
44''
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Average Winter Low Temperature
18°F
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Average Summer High Temperature
84°F
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Annual Snowfall
12''
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Bikeability
Walkability
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
A semirural neighborhood zoned for top schools in southeast Indianapolis
A semirural neighborhood near the edge of southeast Indianapolis
New homes and highly-rated schools welcome buyers to peaceful exurban Indianapolis
A suburban community with access to some of the top schools in Indianapolis
A southeast Indianapolis suburb with a growing dining scene
Independent city within Indianapolis with a genuine “Main Street U.S.A.” feel
