Indianapolis - Neighborhoods to invest

[Hadas Arazi]

Hi,

I am a new investor looking to purchase a property in Indianapolis for buy and hold at ARV under 150K.
My purpose in to narrow the search for a few relevant neighborhoods (approximately 3-5).
Would appreciate if you can share an opinion on the list below or suggest other locations that I should look at
Greenfield, Greenwood, Plainfield, Mapleton-Fall Creek, Beech Grove, Garfield Park, Brownsburg, Irvington, Eagledale, Lawrence, Little Flower.

Thank you

[Jake Knight]

Hi Hadas,

Greenfield: Nice blue collar market with continued growth, decent schools

Greenwood: Growth market, good schools, centrally South of Indy.  Mostly A/B properties

Plainfield: Smaller version of greenwood

Mapleton-Fall Creek: Gentrifying area, a lot of active buy and flips.

Beech Grove: Older well established blue collar. Central location.

Garfield Park: Growing area, up and coming.

Brownsburg: A/B properties, great schools, growing area

Irvington: Old historic neighborhood, good rents but not high end

Eagledale - Affordable C class neighborhood

Lawrence: ton of rentals, North Lawrence is A - South Lawrence is C.

Little Flower - Small neighborhood North of Irvington, not as much presitge but has some historic attractiveness depending on street

Hope this helps!