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Old Southside

Old Southside

$203,588 Average Value
$149 Average Price per Sq Ft
39 Homes For Sale

Old Southside is a downtown area neighborhood being revitalized.

Old Southside, as its name implies, is a historic neighborhood immediately south of the downtown Indianapolis central business district. The community, which dates to the 1830s, is anchored by established homes and is undergoing revitalization. The location offers quick access to downtown's attractions and employment opportunities.

Old Southside is located just south of downtown Indianapolis.
Old Southside is located just south of downtown Indianapolis.
Old Southside offers older homes in a traditional neighborhood setting.
Old Southside offers older homes in a traditional neighborhood setting.
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Old Southside the latest neighborhood to become a target of investment

Craftsman bungalows, with their large, welcoming porches, and multilevel Victorians stand out among the traditional architecture seen throughout the neighborhood, which is a designated historic district. Homes, some of which date to the late 19th century, are built close together on walkable streets. Front yards are small, and while back yards are larger, much of that space is taken up by detached garages that are accessed from alleyways. Renovations are common, as Old Southside becomes the latest neighborhood given new life by the ongoing revitalization of the downtown area. “[Revitalization] has been happening down there for about 20 years. It started with Fountain Square, and once that got saturated, it spread to Bates-Hendricks, and then to Old Southside,” says Peter Stewart of Peter Stewart Realty, who adds that the neighborhood is a mix of owner-occupied homes and investment properties, many of which are used as Airbnbs.

Prices typically range from just under $100,000 to the low $400,000s. With so many renovations, overall home values are on the rise; however, the neighborhood still offers relative affordability. Old Southside’s median sales price in the low $200,000s compares favorably to Bates-Hendricks and Fountain Square, with medians in the low $300,000s. “It’s a great place to live for people who want to be close to downtown but don’t want to pay as much as they would in the other well-known neighborhoods,” says Stewart, who recently sold a home in the neighborhood.

Old Southside features a variety of architectural styles.
Old Southside features a variety of architectural styles.
Renovations are common in Old Southside.
Renovations are common in Old Southside.
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Within walking distance of downtown, and easy access to I-70

Residents can hop on West Street for the quick drive downtown, or take the bus. Another option is the Indianapolis Cultural Trail, a few blocks outside of the neighborhood. The trail is an urban loop that connects downtown neighborhoods and landmarks. Bike riding is encouraged, and more than two dozen bikeshare stations are located along the trail.


The commute to Indianapolis International Airport, which anchors a national transportation and logistics hub in southeast Indianapolis, is a little over 10 miles away via I-70, which runs along the neighborhood’s north side. Just over a mile west is Interstate 65, which provides access to the southern suburbs.

Nearby Lucas Oil Stadium is the home of the NFL's Colts.
Nearby Lucas Oil Stadium is the home of the NFL's Colts.
Interstate 70 is easily accessible for Old Southside residents.
Interstate 70 is easily accessible for Old Southside residents.
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Lucas Oil Stadium, Canal Walk among a variety of nearby attractions

“Downtown Indianapolis has drastically transformed over the past 20-25 years. It’s now a destination with all kinds of stuff going on,” Stewart says. Being so close to the action, residents have convenient access to popular attractions that include:

  • Lucas Oil Stadium, home of the NFL’s Colts and a national sports venue
  • The Indianapolis Canal Walk, a scenic promenade for outdoors enthusiasts
  • Mile Square, an urban core neighborhood with the state capitol at its center
  • The Indianapolis Zoo, a popular stop with an aquarium and a botanical garden
  • Victory Field, a minor-league baseball stadium with unique outfield seating
The zoo and the baseball stadium are recreational anchors at White River State Park, a premier downtown destination that also includes the Indiana State Museum, the Eiteljorg Museum of American Indians and Western Art and the NCAA Hall of Champions.

Sacred Heart Church is located in Old Southside.
Sacred Heart Church is located in Old Southside.
Old Southside is home to Sacred Heart Church, which features wonderful stained glass.
Old Southside is home to Sacred Heart Church, which features wonderful stained glass.
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Established restaurants and parks in and around the neighborhood

Shapiro’s Delicatessen is a comfort-food staple located along Meridian Street. The popular eatery is known for its pastrami sandwiches. Nearby, Iozzo’s Garden of Italy offers sophisticated dining and courtyard seating. Greek Islands Restaurant is a casual option along the corridor.


Kelly Park is a neighborhood attraction with upgraded playground equipment and a basketball court. The adjacent Concord Neighborhood Center offers programs and services for all ages. Nearby Garfield Park is the city’s oldest. Featured amenities spread across more than 120 acres include a conservatory, an aquatic center, athletic courts, trails and children’s playscapes.

Kelly Park is located next to Concord Neighborhood Center in Old Southside.
Kelly Park is located next to Concord Neighborhood Center in Old Southside.
Kelly Park features a brand new basketball court and playground in Old Southside.
Kelly Park features a brand new basketball court and playground in Old Southside.
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Students can attend Indianapolis Public Schools

The neighborhood is served by the Indianapolis Public Schools district. Younger students are zoned to nearby schools, but they can apply to any of the elementary and middle schools in their enrollment zone. James A. Garfield 31, for students through fifth grade, is within walking distance of the neighborhood. Edison School of the Arts, a K-8 magnet, is also close by. Students wishing to attend a magnet school must apply through Enroll Indy.
There is no high school zoning, so older students can choose to attend any IPS high school.

James A. Garfield School 31 is a nearby elementary school.
James A. Garfield School 31 is a nearby elementary school.
Christel House South Academy is located near Old Southside.
Christel House South Academy is located near Old Southside.
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Matt Pallister
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Matt Pallister
Evan Brightfield
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Evan Brightfield
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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

Parks in this Area

Transit

Airport

Indianapolis International

26 min drive

Bus

Meridian St & Caven St

Bus

Meridian St & Orange St

Bus

Meridian St & Bluff Ave

Bus

Meridian St & Legrande Ave

Bus

Meridian St & Wisconsin St

Bus

Meridian St & Palmer St

Bus

Meridian St & Wilkins St

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Old Southside US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
848
Number of Homes for Sale
39
Median Year Built
1920
Months of Supply
10.20
Average Single Family Home Size Sq Ft
1,546
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
1,626
Average 2 Bedroom Size Sq Ft
1,287
Median Lot Size Sq Ft
3,484

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,225
Median Single Family Home Rent
$1,347
Median 3 Bedroom Single Family Home Rent
$1,495
Median Townhouse Rent
$1,529
Median 3 Bedroom Townhouse Rent
$1,535
Median Condo Rent
$1,113
Median 2 Bedroom Condo Rent
$975

Demographics

Total Population
2,686
Median Age
37
Population Density
4 ppl/acre
Population under 18
24.6%
On par with the national average
23.8%
Population over 65
13.7%
Below the national average
19.1%

Finances

Median Household Income
$33,536
Significantly below the national average
$79,597
Average Household Income
$47,911

Education and Workforce

High School Graduates
75.7%
Below the national average
89%
College Graduates
23.9%
Below the national average
34.1%
Advanced Degrees
8.4%
% Population in Labor Force
58.9%

Weather

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

Area Factors

Moderately bikeable

Bikeability®

60 / 100

Fairly walkable

Walkability®

40 / 100

Limited public transit

Transit®

20 / 100
Source: Local Logic
Sources: Local Logic

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.

Nearby Neighborhoods

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
Old Southside