$558,683Average Value$270Average Price per Sq Ft18Homes For Sale
Lockerbie Square’s history feels worlds away from downtown buzz
Lockerbie Square feels like a step back in time in the heart of Indianapolis. The neighborhood’s vintage lampposts, cobblestone streets and restored 19th-century houses stand in contrast to the buzz of nearby Massachusetts Avenue, the heart of Indy’s nightlife scene just a few blocks away. You can walk or bike to some of the city’s best restaurants, bars, music venues, and entertainment districts and come home to a quiet, residential atmosphere.
Lockerbie Square is one of the oldest and most historic neighborhoods in Indianapolis.
Lockerbie Square is conveniently located close to the heart of downtown Indianapolis.
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Housing styles range from historic Victorians to modern builds
Lockerbie Square is the oldest residential neighborhood in Indianapolis and has housing styles that span across centuries. There’s a mix of cottages, Italianate, Federal and Victorian homes, as well as modern 21st-century builds. “Lockerbie Square has some of the only still existing cobblestone streets, so that is super charming,” says Jess Martin, a downtown Indy resident and co-founder and broker at Maywright Property Co. “It probably has the oldest homes within the downtown area. And a lot of them are quite a bit larger, so think older, more stately homes.” Detached garages and driveways hide behind many homes, but residents can also get free permits from the city to park on the street. While the neighborhood is in the urban core, towering trees help block out some of the noise. Single-family homes are standard here, but there’s also a sizable collection of townhouses and condos, such as the industrial Glove Factory. “That’s a large building that was turned into condos,” Martin says. “Everything else there is historic, large single family homes.” As a historic district, any exterior changes require approval from the Indianapolis Historic Preservation Commission.
Homes with brick exteriors are common in Lockerbie Square.
Lockerbie Square has a mix of historic homes and newer builds.
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What housing costs in Lockerbie Square
There’s a broad range of prices in Lockerbie Square, with some small cottages and condos starting in the mid-$200,000s and reaching up to the high $400,000s. Large single-family homes and renovated condos start in the mid-$400,000s and can cost up to the high $800,000s. Historic estates, new builds and luxury condominiums can range from the low $800,000s and top $1 million.
Mass Ave and Bottleworks District have food, drinks and entertainment
Massachusetts Avenue is the city’s thriving social hub and just a quick walk or bike ride away. The strip is packed with bars, restaurants, shops and music venues, all within a five-minute walk of most homes. Mass Ave is home to Indy institutions like The Rathskeller, a legendary German restaurant with an indoor/outdoor beer hall and live music. You’re also close to the new Bottleworks District, a hip destination in a former Coca-Cola bottling factory with shops, a massive food hall, and entertainment at Pins Mechanical Co. Other local favorites include:
Vida, an AAA Four Diamond award winner serving up elevated American fare
The Great Divide, a quirky dive bar
Easley Winery, which hosts events like a free outdoor music series
The Whispering Shelf, a cozy neighborhood bookstore
St. Joseph Brewery, which serves up craft beer in a historic church
The Rathskeller is an Indianapolis icon, serving up German fare and live music.
The Garage Food Hall, located in the Bottleworks District, features many great dining options.
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Locktoberfest honors German roots with a lively block party
Lockerbie Square’s Fourth of July celebration features a parade and a picnic at the Riley Home. In October, the neighborhood celebrates its German heritage with the Locktoberfest block party. You can also catch a Pacers game at Gainbridge Fieldhouse or watch the Colts at Lucas Oil Stadium, all without the hassle of paying to park. The Athenaeum building — home of the Rathskeller — has events like the annual Athenaeum Christkindlmarkt, a traditional German market in the historic biergarten.
The famous Hoosier poet James Whitcomb Riley called Lockerbie Square home for more than 20 years.
Cultural attractions, music venues and things to do near downtown Indy
While there’s no public park in the neighborhood, the tree-lined streets serve as an urban oasis just a few steps from the hubbub of downtown Indy. The James Whitcomb Riley Museum Home invites visitors to explore the Italianate abode of the famous Hoosier poet, and the museum hosts concerts in the summer. A few blocks away, Highland Park has views of the city skyline and a playground. Joggers and bikers can hop on the Indianapolis Cultural Trail, a roughly 10-mile shared-use path that connects Indy’s cultural districts. Residents are a short walk from live music and performances at major venues like the Old National Centre and Chatterbox Jazz Club, which has live music every night.
Walk, bike or ride IndyGo buses for easy neighborhood travel
Lockerbie Square is highly walkable and bikeable, but there’s also IndyGo bus stops scattered around the neighborhood. Drivers have easy access to Interstates 70 and 65. Medical care is just a couple miles away at Sidney and Lois Eskenazi Hospital and Riley Hospital for Children.
Center For Inquiry at School No. 2 is within walking distance of many homes.
Nearby public, private and charter school options
Families can choose from several public, private and charter school options nearby. Indianapolis Public Schools offers open choice and a lottery program for magnet schools and specialized programs. Kids in kindergarten through eighth grade can go to Center for Inquiry at School No. 2, an IPS magnet school within walking distance of most homes. Herron High School, a celebrated public charter school known for its arts programming, is less than 2 miles from the neighborhood. A couple miles south, Lumen Christi Catholic School is a private option for kids in pre-kindergarten through 12th grade.
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 Lockerbie Square neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Lockerbie Square
US
Homicide
8
4
Sexual Assault
8
4
Assault with Weapon
7
4
Robbery
6
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
8
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Lockerbie Square Demographics and Home Trends
On average, homes in Lockerbie Square, Indianapolis sell after 58 days on the market compared to the national average of 53 days. The median sale price for homes in Lockerbie Square, Indianapolis over the last 12 months is $460,000, up 12% from the median home sale price over the previous 12 months.
NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast unparalleled views from private covered and uncovered decks on 2 floors. Half a block away from Mass Ave and 2 blocks away from Bottleworks, this location cannot be matched! Imagine sipping coffee on your first-floor deck, greeting the sunrise over the waking city. The spa-like master bathroom is your haven
NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast unparalleled views from private covered and uncovered decks on 2 floors. Half a block away from Mass Ave and 2 blocks away from Bottleworks, this location cannot be matched! Imagine sipping coffee on your first-floor deck, greeting the sunrise over the waking city. The spa-like master bathroom is your haven
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Early 1900 Historic Warehouse conversion. In the heart of Lockerbie. Close to everything, quiet building, in quaint neighborhood with brick streets. Laundry facilities on site. The apartment community is privately owned and rental rate includes water, sewer, and assigned indoor parking.
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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.
