Why Live in Markleville
Markleville, Indiana, is a quiet rural town near Anderson, characterized by expansive properties and a family-friendly atmosphere. Homes in Markleville range from late 19th-century Colonial Revivals to mid-20th-century ranch styles and split levels, with some newer traditional homes. Properties often exceed 10 acres, especially farther from town, where sidewalks disappear and lots get larger. The town features Markleville Community Park, equipped with a playground, basketball court, baseball field, and picnic tables, and hosts Christmas-themed light displays during the holidays. Mounds State Park, located nearby, offers about 6 miles of hiking trails, fishing in the White River, and camping opportunities. For cultural activities, residents can visit the Anderson Museum of Art or test their bravery at Indy Scream Park in Anderson. The South Madison Community School Corporation serves the area, with East Elementary School and Pendleton Heights High School both receiving high ratings. Markleville is car-dependent, with State Route 36 leading to Indianapolis, about 36 miles away, and the closest emergency room at Ascension St. Vincent Anderson, 10 miles away. The town's most popular event is the Markleville Jamboree, featuring an obstacle course, tractor show, live music, and a church service. Dining options are limited to The Grill-A, with residents traveling to Anderson for more variety. Flood insurance is required in some parts of Markleville due to its designation as a Special Flood Hazard Area by FEMA.
Frequently Asked Questions
What is the average home price in Markleville, IN?
Homes for sale in Markleville, IN have an average home price of $335,815.
Are home prices dropping in Markleville?
Yes, home prices in Markleville are down 3% in the last 12 months.
How many homes have sold over the last 12 months in Markleville, IN?
25 homes have sold in Markleville, IN over the last 12 months.
What are the most popular zip codes in Markleville, IN?
How much do you need to make to afford a house in Markleville?
The median home price in Markleville is $297,000. If you put a 20% down payment of $59,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Markleville.
How are the schools in Markleville, IN?
Home Trends in Markleville, IN
On average, homes in Markleville, IN sell after 52 days on the market compared to the national average of 50 days. The median sale price for homes in Markleville, IN over the last 12 months is $265,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$265,000
Median Single Family Sale Price
$261,000
Average Price Per Sq Ft
$162
Number of Homes for Sale
1
Last 12 months Home Sales
25
Median List Price
$297,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%