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Clearwater

Clearwater

Suburban Neighborhood in Indianapolis, Indiana

Marion County 46240

$426,670 Average Value
$206 Average Price per Sq Ft
3 Homes For Sale

North Indy neighborhood with homes on the White River

In the north Indianapolis neighborhood of Clearwater, the White River twists and bends, inviting residents to launch a kayak or fish along its banks. Single-family homes and condominiums line the many lakes and rivers that dot this affluent neighborhood, many offering private waterfront access. Yet the waterfront lifestyle is only one of Clearwater's appeals. Families appreciate the youth sports leagues fostering a love for soccer and baseball and the top-tier public schools offering quality education. Clearwater is located just south of The Fashion Mall at Keystone, the city's premier destination for high-end shopping, while the neighborhood's bordering streets provide a convenient connection to downtown Indy, located just 11 miles away.

Lake Clearwater is full of homes with water access.
Lake Clearwater is full of homes with water access.
Clearwater offers residents a sparse suburban feel and most residents own their homes.
Clearwater offers residents a sparse suburban feel and most residents own their homes.
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Ranches and split-levels in Clearwater

Clearwater has a mix of single-family homes, apartments and condominiums. Low-lying ranches and split-level homes are located throughout the neighborhood, often with brick exteriors. Three- and four-bedroom properties range between $200,000 and $660,000. Homes with private docks and luxury interiors can sell for upwards of $2 million. Many condos also provide lakeside views and sometimes boat slips. For condo units between 900 and 5,000 square feet, prices range between $165,000 and $980,000. Sidewalks or slow speed limits create a safer environment for pedestrians in some residential areas. "You'll see people out biking, walking their dogs, families with strollers," says Miriam Odegard, Realtor with United Real Estate Indianapolis.

Clearwater is in Marion County and is one of the best places to live in Indiana.
Clearwater is in Marion County and is one of the best places to live in Indiana.
The split-level is a popular home style in Clearwater.
The split-level is a popular home style in Clearwater.
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Clearwater kids learn sportsmanship through youth leagues

Clearwater parks and community organizations encourage exercise and play. Established in 1954, Allisonville Youth Baseball and Softball creates a fun environment for children ages 4 through 12 to learn the rules of the game and play as a team. Established in 1987, the Glendale Soccer Association offers spring and fall programs of varying competitiveness for kids in pre-kindergarten through high school. Both groups practice and play at the Clearwater Elementary School fields toward the center of the neighborhood. West of the neighborhood, kids climb on the jungle gym and cool off under the spray features at Riverwood Park. Public canoe and kayak launches are accessible south of the neighborhood at Broad Ripple Park and the Indianapolis Art Center.

Riverwood Park gives Clearwater residents a place to get some exercise.
Riverwood Park gives Clearwater residents a place to get some exercise.
The Indianapolis Art Center offers a place for Clearwater residents to take art classes.
The Indianapolis Art Center offers a place for Clearwater residents to take art classes.
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High-quality schools in Washington Township

Clearwater students attend schools in the Metropolitan School District of Washington Township, which earns an A-minus from Niche. Younger students may start at Clearwater Elementary before moving on to Eastwood Middle. Both schools earn a B-plus. Teens can attend North Central High. Niche gives it an A and ranks it the fourth-best public high school in Marion County. In addition to International Baccalaureate and Advanced Placement programs, the high school offers over 20 Career and Technical Education courses to help students prepare for future careers.

Allisonville Elementary School serves students from the Clearwater neighborhood.
Allisonville Elementary School serves students from the Clearwater neighborhood.
Eastwood Middle School serves middle school-aged students in Clearwater.
Eastwood Middle School serves middle school-aged students in Clearwater.
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Homemade pasta at Capri Italian Restaurant

Clearwater is close to a wealth of shopping options, from inexpensive home goods to high-end fashion. Walmart Supercenter is located within the neighborhood and has a full selection of groceries. Clearwater residents appreciate being close to the Fashion Mall at Keystone, a city-wide attraction with high-end stores, including Gucci and Lululemon. "In Indianapolis, if you want to go to Louis Vuitton, Urban Outfitters, all the high-end stores, you go to the Fashion Mall at Keystone," Odegard says. Capri Italian Restaurant is one of Indianapolis's oldest locally-owned restaurants, where fresh, hand-made pasta is topped with seafood, marinara and Italian meats.

Clearwater residents looking for delicious Italian food head to Capri.
Clearwater residents looking for delicious Italian food head to Capri.
Clearwater is close to high end shopping at the Fashion Mall at Keystone.
Clearwater is close to high end shopping at the Fashion Mall at Keystone.
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Locals race to downtown Indy events

Downtown Indianapolis is the place for exciting special events throughout the year. The city celebrates the Indianapolis 500 throughout the month of May with a children's festival and one of the largest parades in the U.S. June brings the Indian Market and Festival, celebrating Native American culture through storytelling, art activities and cuisine. August brings Gen Con, the best-attended gaming convention in the world, with over 16,000 ticketed events.

A short drive south of Clearwater is downtown Indianapolis and the Indiana Pacers.
A short drive south of Clearwater is downtown Indianapolis and the Indiana Pacers.
Clearwater residents are just a few blocks east of the 24 mile long Monon Trail.
Clearwater residents are just a few blocks east of the 24 mile long Monon Trail.
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Driving, biking and public transportation around clearwater

Clearwater residents typically take their cars to get around, while River Road and East 79th Street are bike-friendly thoroughfares cutting east to west through the neighborhood. Downtown commuters may take North Keystone Avenue or Allisonville Road to drive to work. Public transportation is available via the number 86 bus, which heads east and west, and the number 26 bus, which leads south toward the Community Justice Center.

Flooding is a factor in Clearwater

A large percentage of Clearwater is prone to flooding, particularly along the neighborhood's lakes and rivers.

Liz Coughlin
Written By
Liz Coughlin
Jason Koenig
Photography Contributed By
Jason Koenig
Dan Mack
Video By
Dan Mack

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Mark Keys, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Indianapolis International

45 min drive

Bus

3901 East 82nd St

Crime and Safety

1 - Low Crime, 10 - High Crime Clearwater US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$314,650
Median Single Family Price
$352,500
Median 2 Bedroom Price
$275,000
Median 1 Bedroom Price
$349,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
3
Last 12 months Home Sales
86
Months of Supply
0.40
Median List Price
$329,900
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
10%

Home Facts

Number of Homes in Neighborhood
1,335
Median Year Built
1984
Avg. Single Family Home Size Sq Ft
2,172
Above the national average
1,935
Average Townhouse Size Sq Ft
1,217
Average 2 Bedroom Size Sq Ft
1,279
Average 1 Bedroom Size Sq Ft
1,200
Median Lot Size Sq Ft
16,552

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Mark Keys, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,191
Median Age
55
Population Density
3 ppl/acre
Population under 18
14.6%
Below the national average
23.8%
Population over 65
37.5%
Above the national average
19.1%

Finances

Median Household Income
$92,629
Above the national average
$71,702
Average Household Income
$125,138

Education and Workforce

High School Graduates
99.2%
Above the national average
89.1%
College Graduates
65.2%
Significantly above the national average
34.1%
Advanced Degrees
23%
% Population in Labor Force
61.4%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
20°F
Average Summer High Temperature
85°F
Annual Snowfall
18''

Area Factors

Somewhat Bikeable

Bike Score®

22 / 100

Car-Dependent

Walk Score®

12 / 100

Minimal Transit

Transit Score®

22 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Clearwater