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Updated over 4 years ago, 05/26/2020

User Stats

48
Posts
6
Votes
Prab C.
  • Rental Property Investor
  • Chicago, IL
6
Votes |
48
Posts

East Fountain Square

Prab C.
  • Rental Property Investor
  • Chicago, IL
Posted

What do folks think about the East Fountain Square area? I'm thinking the area slightly west of Keystone Avenue (north and south of Prospect).

Do you see this area developing to the same level (and prices increasing) similar to core Fountain Square (west of State Avenue)?

Thanks!

User Stats

29
Posts
9
Votes
Replied

The values are already going up and with the new government center project it will help with infrastructure and commerce. The area at Keystone and hoyt is slated for new construction according to the last plans I saw

User Stats

48
Posts
6
Votes
Prab C.
  • Rental Property Investor
  • Chicago, IL
6
Votes |
48
Posts
Prab C.
  • Rental Property Investor
  • Chicago, IL
Replied

Thanks @Justin Frytz. I just checked out that new government center project. It looks pretty substantial 

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User Stats

29
Posts
9
Votes
Replied

Yeah it's still at least a year out before things really start to change

User Stats

4,079
Posts
3,760
Votes
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
3,760
Votes |
4,079
Posts
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Prab C. That's a great area to look for property. Better prices than other neighborhoods and still walk-able to all the action in Fountain Square. Don't go Norh or East of the rail road tracks. It gets rough really quick. 

User Stats

2,582
Posts
1,073
Votes
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
1,073
Votes |
2,582
Posts
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
Replied

yea youll run into the government center but i definitely was driving through there recently......there's a couple new builds going on in the little neighborhood in walking distance to the government center....

  • Kerry Noble Jr
  • User Stats

    56
    Posts
    34
    Votes
    Jack Liu
    • Rental Property Investor
    • Sacramento, CA
    34
    Votes |
    56
    Posts
    Jack Liu
    • Rental Property Investor
    • Sacramento, CA
    Replied

    Hello all. I am an out-of-state investor with a property in the Fountain Square area. Can someone provide a source for this government center project? I would love to read more about it but couldn't find much info searching online. Thank you! 

    User Stats

    4,079
    Posts
    3,760
    Votes
    Jaron Walling
    Pro Member
    • Rental Property Investor
    • Indianapolis, IN
    3,760
    Votes |
    4,079
    Posts
    Jaron Walling
    Pro Member
    • Rental Property Investor
    • Indianapolis, IN
    Replied

    @Jack Liu It's a big project for our city and much needed. The steel is already up and the property is being developed. 

    http://correctionalnews.com/2018/07/19/indianapolis-breaks-ground-robust-new-criminal-justice-center/

    User Stats

    56
    Posts
    34
    Votes
    Jack Liu
    • Rental Property Investor
    • Sacramento, CA
    34
    Votes |
    56
    Posts
    Jack Liu
    • Rental Property Investor
    • Sacramento, CA
    Replied

    @Jaron Walling Thank you very much for the source. That project looks massive and should have a big impact on the area.