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Updated over 1 year ago on . Most recent reply
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Investment Map/Area Gentrification
Is there an investor map or area map that someone has put together showing the areas of Indianapolis to invest in, avoid, up and coming, gentrified, etc.
Just a new investor asking a lot of questions :)
Carlos
Most Popular Reply
Here's some info but some of the Indy locals could offer more insight or have updated investor maps.
@Jaron Walling knows Indy well
I favor the East Side (Christian Park, Grace Tuxedo Park, Brookside Park, Bosart Brown) and was told to avoid 38th and Post Road. The SFH I bought in March 2023 is in Christian Park. A lot of it is street by street and it's difficult to go just by zip codes. I don't know a lot about the West side but a couple of investors recommended avoiding Martindale-Brightwood. I also stay away from railroad tracks. Other options are if your property is close to hospitals and downtown you could do mid-term rentals to travel nurses
https://learn.roofstock.com/blog/indianapolis-housing-market
There are several videos on Indy on this channel:
https://www.youtube.com/@IndyInvestor
Here's another site.
https://lifeinindy.com/neighborhoods/
This video is 2 years old so some of the areas have shown a lot of development but still has good information: