Neighborhoods in Madison County, IN

Strawtown

The White River has been the longstanding heart of Strawtown, from the Indigenous peoples who cultivated its land years prior to its settlement to the farmers who would use it for floating wood down to Indianapolis centuries later. Today, this unincorporated community in central Indiana caters to those seeking a quiet, rural setting. “When it
- Average Value
  
  $490K
- List Price
  
  $210K - $1.1M
- For Sale
  
  Homes For Sale
  
  2 Listings
Strawtown
Pendleton

Pendleton, IN, on the National Register of Historic Places, features Falls Park, a historic downtown, and schools in the South Madison Community School Corporation. Crime rates are lower than the national average.
- Average Value
  
  $335K
- List Price
  
  $200K - $717K
- For Sale
  
  Homes For Sale
  
  50 Listings
Pendleton
Ingalls

Ingalls, IN, near Indianapolis, blends historic charm with modern growth. Its 19th-century downtown contrasts newer subdivisions. Pendleton Heights High School is highly rated. Parks and seasonal festivals enrich community life.
- Average Value
  
  $305K
- List Price
  
  $231K - $693K
- For Sale
  
  Homes For Sale
  
  42 Listings
Ingalls
/21
Markleville

Markleville, IN is a quiet rural town with spacious properties. The community park and Mounds State Park offer outdoor recreation. Highly rated schools serve the area. The annual Markleville Jamboree fosters community spirit.
- Average Value
  
  $299K
- List Price
  
  $158K - $752K
- For Sale
  
  Homes For Sale
  
  6 Listings
Markleville
Lapel

Lapel, IN is a small town of 2,500 offering laid-back living 45 minutes from Indianapolis. It features midcentury homes, new builds, community parks, and proximity to Ruoff Music Center and Geist Reservoir.
- Average Value
  
  $266K
- List Price
  
  $172K - $572K
- For Sale
  
  Homes For Sale
  
  32 Listings
Lapel
/26
Frankton

Frankton, IN provides small-town living within an hour of cities like Indianapolis. The community has unique homes, and sports are a key aspect of the school culture. Local favorites include Bernie's Bar and annual town events.
- Average Value
  
  $237K
- List Price
  
  $160K - $430K
- For Sale
  
  Homes For Sale
  
  4 Listings
Frankton
/33
Chesterfield

Chesterfield, IN is a rural town of 2,400 with affordable midcentury homes. The Millcreek Civic Center hosts community events. Nearby Mounds State Park offers outdoor recreation. Interstate 69 connects to Indianapolis.
- Average Value
  
  $234K
- List Price
  
  $106K - $744K
- For Sale
  
  Homes For Sale
  
  15 Listings
Chesterfield
/24
Alexandria

Alexandria, IN is a small community known for its World's Largest Ball of Paint. Local spots include Dor-Tee's Drive-In and Alex Movie Theatre. Beulah Park hosts the annual Madison County 4-H Fair in July.
- Average Value
  
  $194K
- List Price
  
  $55K - $606K
- For Sale
  
  Homes For Sale
  
  33 Listings
Alexandria
/27
Summitville

Summitville, IN is a small rural town between Indianapolis and Fort Wayne. It offers a quiet lifestyle with large yards and farmland views. The town center features an elementary school, park, library, and local eateries.
- Average Value
  
  $189K
- List Price
  
  $32K - $389K
- For Sale
  
  Homes For Sale
  
  4 Listings
Summitville
/25
Anderson

Anderson, IN, 45 miles from Indianapolis, is rebounding economically. The historic Paramount Theatre anchors a vibrant arts scene. Anderson University and I-69 drive local growth. Liberty Christian School is highly rated.
- Average Value
  
  $167K
- List Price
  
  $52K - $615K
- For Sale
  
  Homes For Sale
  
  171 Listings
Anderson
/28
Elwood

Elwood, IN, offers a family-friendly atmosphere 30 minutes from Fishers. Century-old homes and new builds are available at affordable prices. Residents enjoy Callaway Park, Elwood Golf Course, and the annual Glass Festival.
- Average Value
  
  $158K
- List Price
  
  $45K - $362K
- For Sale
  
  Homes For Sale
  
  37 Listings
Elwood

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