Indianapolis, IN 46221 Commercial Properties For Sale
The median home value in Indianapolis, IN 46221 is $198,200. This is lower than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN 46221 is $198,200. Approximately 55.48% of Indianapolis, IN 46221 homes are owned, compared to 32.88% rented, while 11.64% are vacant. Indianapolis, IN 46221 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Indianapolis, IN 46221 real estate agent to arrange a tour today!
Learn More About Indianapolis, IN 46221 Real EstateStatistics & facts
26,599
Population
$198K
Medium Home Value
10,008
# of Households
11.64%
Housing Vacancy
47.66%
Future Job Growth
2.60%
Unemployment Rate
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Population
Indianapolis, IN 46221 has a population of approximately 26,599 and experiences a population change rate of 10.58%. The population density is 1,334.4 / sq mi.
Household
The median household income for Indianapolis, IN 46221 is $55,639, with 10,008 households and an average household size of 2.69.
Cost of Living
The cost of living index in Indianapolis, IN 46221 is 86.4%.
Home Value
The median value of a home in Indianapolis, IN 46221 is $198,200 with an appreciation rate of 17.3%. 55.5% of housing in the zip code is owned while 32.9% is rented.
Employment
The unemployment rate in Indianapolis, IN 46221 is 2.60%, and recent job growth is at 2.40%. Future job growth is projected at 47.66%.
Taxes
The sales tax rate in Indianapolis, IN 46221 is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Indianapolis, IN 46221 are $14,503, and the school ratio is 17.7:1.
Weather
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 41 inches per year, with 22.2 inches of snow per year.
Education near Indianapolis IN, 46221
| Metric | City | County |
|---|---|---|
| High School Graduates | 86.65 | 86.89 |
| College Degree - 2 year | 7.6 | 7.68 |
| College Degree - 4 year | 32.88 | 32.79 |
| Graduate Degree | 8.24 | 8.17 |
| Expenditures per Student | $14,503 | $14,503 |
| Students per Teacher | 17.70 | 17.70 |
Elementary Schools near Indianapolis IN , 46221
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Blue Academy | 01 - 06 | 582 | 18.8 | 46221 |
| Daniel Webster School 46 | KG - 08 | 432 | 18.8 | 46221 |
| Gold Academy | 01 - 06 | 591 | 17.9 | 46221 |
| Key Learning Community Elementary School | KG - 05 | 246 | 14.5 | 46221 |
| Stephen Decatur Elementary School | 01 - 06 | 507 | 16.9 | 46221 |
| Valley Mills Elementary School | 01 - 06 | 550 | 19.6 | 46221 |
| William Pennsylvania School 49 | KG - 06 | 707 | 16.8 | 46221 |
Middle Schools near Indianapolis IN , 46221
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Decatur Middle School | 07 - 08 | 952 | 18.3 | 46221 |
| Key Learning Community Jr High School | 06 - 08 | 143 | 6.8 | 46221 |
High Schools near Indianapolis IN , 46221
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Decatur Central High School | 09 - 12 | 1690 | 19.5 | 46221 |
| Decatur Township School for Excellence | 08 - 12 | 269 | 25.6 | 46221 |
| Key Learning Community High School | 09 - 12 | 56 | 4.7 | 46221 |
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