Indianapolis, IN 46218 Landlot Properties For Sale
The median home value in Indianapolis, IN 46218 is $97,700. 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 46218 is $97,700. Approximately 37.22% of Indianapolis, IN 46218 homes are owned, compared to 43.93% rented, while 18.85% are vacant. Indianapolis, IN 46218 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 46218 real estate agent to arrange a tour today!
Learn More About Indianapolis, IN 46218 Real EstateStatistics & facts
26,757
Population
$97,700
Medium Home Value
12,795
# of Households
18.85%
Housing Vacancy
47.66%
Future Job Growth
2.60%
Unemployment Rate
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated {{last updated}}.
Population
Indianapolis, IN 46218 has a population of approximately 26,757 and experiences a population change rate of -22.68%. The population density is 2,837.4 / sq mi.
Household
The median household income for Indianapolis, IN 46218 is $28,758, with 12,795 households and an average household size of 2.27.
Cost of Living
The cost of living index in Indianapolis, IN 46218 is 75.5%.
Home Value
The median value of a home in Indianapolis, IN 46218 is $97,700 with an appreciation rate of 17.3%. 37.2% of housing in the zip code is owned while 43.9% is rented.
Employment
The unemployment rate in Indianapolis, IN 46218 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 46218 is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Indianapolis, IN 46218 are $14,503, and the school ratio is 17.7:1.
Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 42.9 inches per year, with 19.8 inches of snow per year.
Education near Indianapolis IN, 46218
| 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 , 46218
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Andrew Academy | KG - 08 | 222 | 15.3 | 46218 |
| Anna Brochhausen School 88 | PK - 06 | 337 | 17.7 | 46218 |
| Arlington Woods Elementary School | KG - 06 | 486 | 14.3 | 46218 |
| Avondale Meadows Academy | KG - 05 | 482 | 17.9 | 46205 |
| Brookside School 54 | KG - 06 | 552 | 12.3 | 46201 |
| Christian Park School 82 | KG - 06 | 411 | 16.4 | 46201 |
| James Russell Lowell School 51 | PK - 06 | 589 | 16.8 | 46218 |
| Joyce Kilmer School 69 | KG - 06 | 376 | 15 | 46218 |
| KIPP INDY Unite Elementary | KG - KG | 103 | 11.4 | 46218 |
| Paramount School of Excellence | KG - 08 | 616 | 20.5 | 46201 |
| Rousseau MC Clellan 91 | KG - 08 | 476 | 17 | 46205 |
| Thomas D Gregg School 15 | PK - 06 | 640 | 14.6 | 46201 |
Middle Schools near Indianapolis IN , 46218
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| H L Harshman Middle School | 07 - 08 | 587 | 83.9 | 46201 |
| KIPP INDY College Prep. Middle | 05 - 08 | 347 | 13.3 | 46218 |
| Tindley Collegiate Academy | 05 - 08 | 343 | 15.9 | 46205 |
| Tindley Preparatory Academy | 05 - 08 | 301 | 14.7 | 46205 |
High Schools near Indianapolis IN , 46218
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Arsenal Technical High School | 09 - 12 | 1831 | 14 | 46201 |
| Charles A Tindley Accelerated School | 09 - 12 | 288 | 13.4 | 46205 |
| Thomas Carr Howe Comm High School | 07 - 12 | 633 | 14.6 | 46201 |
Ungraded Schools near Indianapolis IN , 46218
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Excel Center for Adult Learners | 09 - 12 | 1348 | 26.9 | 46205 |
| Indiana School for the Deaf | PK - 12 | 344 | 15.6 | 46205 |
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