$148,001Average Value$135Average Price per Sq Ft14Homes For Sale
A Westside neighborhood in the Indianapolis airport corridor
Located in Southwest Indianapolis, the Stout Field community knows all about trains, planes and automobiles.
Filled with early 20th-century cottages and bungalows in its residential sections, Stout Field is named for a former airport that moved about two miles west and became the Indianapolis International Airport in the 1930s. Today, most of the area’s residents are sandwiched between two interstate highways, a freight railroad line, a large business office district and a National Guard base in the city’s busy airport corridor.
About 65% of the neighborhood is zoned industrial, contributing to the community’s distinctly blue-collar character. While much of the area is loud and busy with all sorts of traffic rumbling around the community, the residential parts have a relatively quiet charm. There aren’t many sidewalks but large old-growth trees shade many of the cracked asphalt streets and homes wrapped by chain-link and wooden picket fences. More than a half dozen churches of various Christian denominations are also located along the primarily residential streets, helping foster a neighborly community.
Stout Field has mature trees lining the streets for a natural atmosphere.
Stout Field is a friendly neighborhood in Indianapolis with a charming atmosphere.
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Affordable bungalows and cottages in a hot market
Home prices start for as low as $60,000 for small one- and two-bedroom bungalows covering less than 900 square feet. With realtors highlighting many of these properties as good opportunities for first-time buyers or investors, the average sales price increased by 21% in the 12 months before April 2024. “Indianapolis right now is a hot market. … There’s still low inventory and high demand,” says Daniel O’Brien, a local agent with Trueblood Real Estate. “We’ve already seen a significant uptick in buyer activity. There’s no signs of things slowing down.” At the midpoint for Stout Field, midcentury ranch-style homes and bungalows averaging about 1,200 square feet sell for $150,000. New construction homes and properties with three or more bedrooms can sell for upward of $200,000.
Stout Field has well maintained homes with landscaping.
Ranch homes are a familiar sight in Stout Field, IN.
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Highway shopping centers and a classic racing-themed dive bar
Stout Field’s residential sections form a T-shape. Along the top line, West Washington Street is lined by low-slung retail stores, fast-food restaurants, car dealerships, commercial service providers and a Kroger supermarket. Close to where the roadway intersects with Interstate 74/465, friends and neighbors meet for beers and other libations at the Checkered Flag Tavern, an old-school bar and eatery with a racing theme that pays homage to the Indianapolis Motor Speedway about four miles north. Deeper in the community, Gil Tacos is a popular spot specializing in quick Mexican eats in a tiny neighborhood shopping center with a convenience store that also sells hot food.
Checkered Flag Tavern has been a top restaurant in the Stout Field neighborhood since 1947.
Kroger is a great option for groceries for residents of Stout Field.
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Students learn at Wayne Township schools
Within the neighborhood, students can attend Maplewood Elementary School in the Metropolitan School District of Wayne Township. Niche gives it a C-plus rating. From there, students can advance to the Lynhurst 7 & 8 Grade Center and Ben Davis High School. Niche gives the middle school a B-minus and the high school a B.
Ben Davis High School is the high school in the Stout Field district for students in IN.
Become one of the Giants at Lynhurst 7th & 8th Grade Center near Park Fletcher.
Maplewood Elementary School serves the Stout Field, IN area as a public school.
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A community park and commercial indoor recreation
Aside from the small open field, playground and basketball court at Stout Field Park in the southeast corner of the community along the four-lane Sam Jones Expressway, most residents must drive outside the community to visit a public park. However, some of the warehouse spaces around the community also provide recreational opportunities. In an industrial zone near the fenced National Guard complex to the east, thrill seekers can scale craggy bouldering walls at EPIC Climbing and Fitness or learn how to perform ollies and 360 flips at the indoor Q Skate Park.
Thatcher Community Center has a basketball court for the youth to enjoy.
Near Stout Field proper is Stout Field Park, one of the top playgrounds in the area.
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Quick access to interstate highways and downtown
Within a few minutes, motorists in Stout Hill can hop on I-74/465 or I-70 to commute downtown about seven miles away or reach points all around the state capital. While the community is largely car-dependent, folks can catch IndyGo buses on routes around the edges of the community along Washington Street to the north and Holt Road to the east by the National Guard base. At Indianapolis International Airport, 13 passenger airlines offer direct flights to destinations all across the country.
There is a bustling industrial area in Stout Field, IN.
Stout Field, IN is a short distance away from the iconic Indianapolis Motor Speedway.
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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On average, homes in Stout Field, Indianapolis sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Stout Field, Indianapolis over the last 12 months is $152,000, down 5% from the median home sale price over the previous 12 months.
Looking for an investment opportunity? Two homes sitting on 2 acres are waiting for you! Unit 1001 has a garage and unit 1003 has a full basement. Homes have previously rented for $950.00 per unit, per month. Both properties have been hooked up to city sewers. Private well for each unit. Washer and dryer hook-ups in both units. Property is in a flood plane. Property will be sold AS-IS.
Affordable ranch home offering two bedrooms and large private backyard * With new siding and many new windows this home is move-in-ready * Relax on the covered front porch or large fenced backyard with detached 2 car garage * Inside you'll find two bedrooms both with great size closets, a large great room and eat-in kitchen with laundry closet * Easy access to 465 and many dining and
Own a prime piece of property on Indianapolis' desirable Westside! Perfectly positioned for convenience and opportunity, this residential lot is waiting for your dream build. Don't miss out!
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
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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.
