Homes and jobs illustrate the recent growth of McCordsville
McCordsville is among the fast-growing suburban communities outside of Indianapolis, characterized by new home construction. The town is part of Central Indiana’s logistics industry, and a new Walmart distribution facility is its largest employer. The community has a highly rated school district and continued commercial development, and residents enjoy easy access to major highways that connect them to regional economic centers.
McCordsville is a growing Indianapolis suburban community.
The 130-year-old Round Barn Inn is an iconic structure in McCordsville.
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New homes in planned subdivision settings are prominent
New construction in planned developments includes contemporary suburban homes. “There is some inventory, and builders in the new communities are running specials that offer closing costs,” says Ann Williams, a Realtor with Compass who has sold several homes in McCordsville. “You also have rate opportunities from some of the lenders who work with the builders.” Homes come in a variety of sizes and styles, with standard features such as driveways and attached garages. Homes are typically built close together on walkable streets. The largest and highest-priced homes are waterfront properties along Geist Reservoir on the community’s northern edge. New construction also includes contemporary townhouses. Midcentury ranch-style homes on spacious lots stand out among established housing options. “There’s a lot of rehabbing and renovating of older homes, so there’s a lot of activity in that regard, too,” Williams says.
Prices typically range from the mid-$200,000s to around $900,000, although select waterfront offerings can list for more than $2 million. McCordsville’s median price in the low $400,00s is about 25 percent higher than in Lawrence to the west, and about the same as in Fishers to the north. It’s important to note that McCordsville is in Hancock County, which has one of the lowest property tax rates in the Indianapolis metro area.
McCordsville has high-end waterfront homes.
Small homes predate McCordsville’s growth.
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Highly rated schools in the Mt. Vernon Community School Corporation
“You have a lot of families who desire to move into a small to medium-sized district that is a 4 out of 4,” Williams says. The Mt. Vernon Community School Corporation consists of six highly rated schools that serve about 5,000 students. They are:
Fortville, Mt. Comfort and McCordsville elementary schools, for K-4 students
Mt. Vernon Intermediate School, which serves students in fifth and sixth grades
Mt. Vernon Middle School, which serves students in seventh and eighth grades
Mt. Vernon High, whose football team won the Class 4A state title in 2021
Indiana’s open enrollment program allows students to apply for transfers to schools outside of their geographic zones. Out-of-district transfers typically depend on available space and can be revoked for attendance and behavior issues.
Geist Montessori Academy K-8.
Mt Vernon High School is highly rated.
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Shopping and dining options easily accessible along Broadway
Starting with a Meijer superstore on the west side of town, shopping and dining options are concentrated along Indiana state Road 67, which runs through McCordsville and is better known as Broadway. Local businesses such as The Bobber Shop fishing store mingle with strip malls, restaurants and coffee shops. Coffee at the Crossing, which features an actual caboose, is a highlight of the recent commercial additions just off Broadway near McCord Square. “McCordsville has done a lot of development in the downtown area,” Williams says.
The Bobber Shop, a fishing and tackle shop, is a small but frequently busy stop for anglers.
Daniel’s Vineyard offers a private wine club.
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Walmart facility near I-70; Region's largest cities easy to reach
Indianapolis Regional Airport is in the community. It does not offer commercial service, but it is part of a local logistics hub anchored by the town’s largest employer, a Walmart e-commerce fulfillment center just north of Interstate 70. It’s about a 10-mile commute into the heart of Fishers, recognized as a growing hub for tech jobs and entrepreneurial ventures. Carmel, known for corporate opportunities in healthcare, insurance and financial services, is about a 15-mile commute via Interstate 465, which runs east of McCordsville. Downtown Indianapolis is about a 20-mile commute via Interstate 70.
McCordsville's U.S. 36, which continues 18 miles to downtown Indy, is known locally as Broadway.
McCordsville's Walmart distribution center is the town’s largest employer.
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McCordsville residents have easy access to trails, lakes and beaches
The soccer fields at McCordsville Sports Park are a popular spot for community activity. Residents also have access to basketball courts and playgrounds. Residents are just a quick drive from the area’s top recreational destinations. Fort Harrison State Park is a 1,700-acre green space whose trails are a popular place for walkers, runners and bike riders. The park also has two fishing lakes, a dog park and an 18-hole golf course. Geist Waterfront Park features a beach along a 1,900-acre reservoir that watercraft enthusiasts can enjoy. There’s also a playground next to the beach. The Indianapolis Yacht Club is on the reservoir’s shores.
McCordsville residents can dock their watercraft at the members-only Indianapolis Yacht Club.
Children come from far away to find the treasure of a playground at Geist Waterfront Park.
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Written By
Matt Pallister
Photography Contributed By
Travis Patton
Video By
Jason Jacot
Interested in learning more about homes in this area?
Reach out to
Leslie Luebcke,
an experienced agent in this area.
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
On average, homes in McCordsville, IN sell after 61 days on the market compared to the national average of 55 days. The median sale price for homes in McCordsville, IN over the last 12 months is $418,990, consistent with the median home sale price over the previous 12 months.
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From giant mansions on the water to housing developments by farmland, Brooks-Luxhaven is a diverse community that draws in those seeking both luxurious and modest lifestyles. Whether folks live on or off the Geist Reservoir, the water is free to explore to all who call the neighborhood home. Weekly fishing tournaments, holiday events and casual outings are all part of the experience of living in this neighborhood 25 miles northeast of Indianapolis. <br><br>Brooks-Luxhaven is home to some of the most prestigious mansions in Indiana, located along the banks of the Geist Reservoir. “A lot of professional athletes move there,” says Evan Wilbrandt, real estate agent with Wilmoth Group, who grew up in the neighborhood. “There are some absolutely wild custom houses in the millions on the lake." Most lakeside mansions were built after 2014, offering 5,000 to 10,000 square feet of living space with luxury pool decks and private docks to keep boats and jet skis. They can range anywhere from $1.5 to $3.5 million. Further inland are mostly housing developments that back up to farmland. Each development features its own variation of 2,000 to 7,000-square-foot Craftsman-style houses, ranging from $375,000 to more than $1 million.<br><br>Those who don’t live on the reservoir can still enjoy all the fun the lake has to offer. Locals launch their boats, kayaks and canoes from Geist Park to explore the water. “The reservoir is a lot of fun,” says Wilbrandt. “I go out there all summer, and there are always people out on their boats fishing and riding along.” Geist Park also has nature trails that go through the woods by the water and a playground for kids. Locals also like to get fresh air at Flat Fort Creek Park, which, despite it’s name, is known for its steep manmade sledding hill. The 60-acre park features trails and boardwalks through the woods that lead to kid-friendly treehouses and mountain bike trails.<br><br>Students attend highly-rated schools like Geist Elementary, which gets an A grade from Niche. They’ll go on to Hamilton Southeastern Intermediate School and Hamilton Southeastern High School, both of which also receive an A grade and are ranked the 15th-best schools in their respective levels. The high school offers dual credit courses through Ivy Tech Community College and Ball State University.<br><br>Locals can get their groceries and other household needs at Kroger in the shopping center on the north side of the reservoir. The area features a mix of national chain and local restaurants to dine at. Ale Emporium is one of the most popular Indianapolis chains where locals come to watch sports and eat wings with the pub’s famous “Herman” sauces. The neighborhood also has some restaurants away from the shopping centers and in the more rural farm areas, such as School House 7 Café. Situated in an old school house built in 1900, the café offers a rustic-chic atmosphere where locals can grab a cup of coffee and drink by the fireplace or on the outdoor deck and patio.<br><br>One of the biggest events of the year is the Geist Reservoir Fireworks Show. Some people camp out at nearby homes, while others take their boats out on the water to watch the highly-anticipated fireworks show. Geist Marina also hosts weekly fishing tournaments on the reservoir, like Tuesday Nite Bass and Senior competitions.<br><br>With Route 36 running through the south side of town, residents can drive about 25 miles southwest to downtown Indianapolis.
Property Mix - Square Feet
McCordsville Has More Owners
Rental Home Trends
Number of Homes for Rent
8
Median Rent
$2,580
Median Single Family Home Rent
$2,525
Median 4 Bedroom Single Family Home Rent
$2,560
Median Townhouse Rent
$2,050
Median 3 Bedroom Townhouse Rent
$2,050
Median Condo Rent
$2,600
Demographics
Total Population
8,271
Median Age
38
Population under 18
29%
Above the national average
23.8%
Population over 65
13.6%
Below the national average
19.1%
Finances
Median Household Income
$97,467
Above the national average
$79,597
Average Household Income
$119,981
Education and Workforce
High School Graduates
95.7%
College Graduates
53.6%
Above the national average
34.1%
Advanced Degrees
11.4%
% Population in Labor Force
75.6%
Above the national average
64.9%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
12''
Area Factors
Fairly bikeable
Bikeability®
40/ 100
Somewhat walkable
Walkability®
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.
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.
