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Forest Manor

Forest Manor

Suburban Neighborhood in Indianapolis, Indiana

Marion County 46218, 46226

$155,044 Average Value
$127 Average Price per Sq Ft
13 Homes For Sale

Forest Manor’s location offers quick access to downtown and recreational spaces

Forest Manor’s biggest appeal is its location. Just minutes from downtown Indianapolis and close to several key recreational areas, residents of Forest Manor enjoy easy access to both urban amenities and green spaces. This mid-20th century neighborhood is known for its sprawling traditional homes, tree-lined streets, and a balanced community feel. “Forest Manor is an older community that is being rejuvenated,” says Archie Nevins, realtor with eXp Realty. “Older people take walks, and you are minutes away from Forest Manor Park, where kids play baseball. It is a really balanced community.”

Some cape cod homes in Forest Manor come with covered front porches.
Some cape cod homes in Forest Manor come with covered front porches.
Forest Manor is a neighborhood about 5 miles from downtown Indianapolis.
Forest Manor is a neighborhood about 5 miles from downtown Indianapolis.
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Homes in Forest Manor have a median price of $125,000

The housing stock in Forest Manor primarily consists of older, mid-20th century traditional homes. These homes feature spacious lots, many with mature trees that provide ample shade and contribute to the neighborhood’s park-like atmosphere. Prices range from $90,000 to $295,000. The median home price is $145,000, making it an affordable option for those seeking proximity to downtown and surrounding amenities. The neighborhood has a CAP Index crime score of 5 which is a point higher than the national average of 4. Community members have access to several houses of worship within the neighborhood, including Good News Indianapolis Church, Shiloh Missionary Baptist Church, St. Andrew Apostle Church which has a school and True Belief Missionary Baptist.

Some minimal traditional homes in Forest Manor have driveways with detached garages.
Some minimal traditional homes in Forest Manor have driveways with detached garages.
New construction ranchers in Forest Manor have attached garages for secure parking.
New construction ranchers in Forest Manor have attached garages for secure parking.
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Washington Park offers scenic views and an 18-hole disc golf course

One of Forest Manor’s biggest draws is its proximity to several local parks. Washington Park is just five minutes away and offers a variety of recreational activities. Visitors can enjoy three basketball courts, an 18-hole disc golf course, a playground, and acres of shaded green space. The park’s walking trails wind through its natural landscape, and kids can cool off at the water play station during the summer. The park’s history is preserved through remnants of the former Washington Park Children’s Zoo, including a statue of a monkey overlooking the playground. Located on Forest Manor Avenue, Forest Manor Park offers nearly 20 acres of recreation. The park’s open green space is perfect for picnics, playing football, or simply relaxing. The park also features baseball fields, where the local Little League team regularly plays, giving residents a chance to support the neighborhood kids in their games. Fort Harrison State Park is 7 miles away. This 1,700-acre park offers walking trails, fishing, horse trails, and an 18-hole championship golf course. Golfers can take on the scenic Fort Golf Resort course, which offers both beauty and challenge.

Washing Park is about a mile from Forest Manor with an 18 hole disc golf course.
Washing Park is about a mile from Forest Manor with an 18 hole disc golf course.
Kids in Forest Manor can enjoy the playground at Washington Park.
Kids in Forest Manor can enjoy the playground at Washington Park.
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Kings Ribs Bar-B-Q and Paco’s Taqueria are local favorites

Forest Manor residents don’t have to venture far to enjoy a variety of dining options. Just west on 38th Street and up Keystone Avenue, you’ll find Kings Ribs Bar-B-Q, a beloved Indianapolis staple where locals rave about the BBQ rib tips, macaroni and cheese, and baked beans. Jamaican Breeze Sports Bar & Grill serves authentic Jamaican staples like oxtail and jerk chicken. Paco’s Taqueria, housed in a former Taco Bell, is known for its Jalisco-style birria tacos, a neighborhood favorite. For something spicier, R&R Extreme Wings serves up wings smothered in their sweet and spicy Founder’s Favorite sauce. Locals can shop for groceries at Ideal Supermarket. The Shops at Avondale Meadows has stores including Dollar Tree, Goodwill and Save A Lot.

RandR Extreme Wings is a hot spot for chicken wings in the Forest Manor neighborhood.
RandR Extreme Wings is a hot spot for chicken wings in the Forest Manor neighborhood.
Order a tasty taco at Pacos Restaurant in Forest Manor.
Order a tasty taco at Pacos Restaurant in Forest Manor.
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The Indiana State Fairgrounds is a 2 mile drive from Forest Manor

Each year, Forest Manor residents are just 2.3 miles away from the excitement of the Indiana State Fair. Held from July through August, the fair draws people from all over the state with carnival rides, musical performances from artists like the Beach Boys and Babyface, and an array of creative food vendors showcasing Indiana’s culinary diversity. Families in Forest Manor are just 4 miles away from the world’s largest children’s museum, The Children’s Museum of Indianapolis. With interactive exhibits and activities, it’s a favorite destination for local families. The East 38th Street Branch of the Indianapolis Public Library features programs like computer classes, financial literacy workshops, and arts & crafts. Highlighted events include the Summer Reading Program for kids and Fall Fest, celebrating local talent with performances and the Slammin' Rhymes Challenge.

Tree lined streets in Forest Manor encapsulate every season.
Tree lined streets in Forest Manor encapsulate every season.
A few miles from Forest Manor is the grounds for the Indiana State Fair.
A few miles from Forest Manor is the grounds for the Indiana State Fair.
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Forest Manor students attend Arsenal Technical High School

Young students in Forest Manor can attend James Whitcomb Riley School 43, for pre-kindergarten through grade 8, which has a C-minus rating. Older students can attend Arsenal Technical High School, C-rated. Students can get a jump on college classes through the Indiana College Core program.

James W Riley Elementary educates young learners in the heart of Indianapolis.
James W Riley Elementary educates young learners in the heart of Indianapolis.
Welcome to Arlington Community Middle School.
Welcome to Arlington Community Middle School.
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Less than 10 miles from downtown Indy

Forest Manor residents can drive into downtown Indianapolis on Interstate 70 in 8.6 miles. The interstate is also a straight hit to Indianapolis International Airport, 20 miles away. Residents can also ride the IndyGo public bus.

A vibrant nightlife in Downtown Indy is a quick IndyGo ride from Forest Manor.
A vibrant nightlife in Downtown Indy is a quick IndyGo ride from Forest Manor.
Downtown Indianapolis is 15 minutes from the Forest Manor suburb with historic monuments.
Downtown Indianapolis is 15 minutes from the Forest Manor suburb with historic monuments.
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Brian Saunders
Written By
Brian Saunders
Jesse Roehrer
Photography Contributed By
Jesse Roehrer
Aiyshanti Green
Video By
Aiyshanti Green

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 Alison Fernandez, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Indianapolis International

36 min drive

Bus

38th St & Arthington Blvd

Bus

34th St & Wallace Ave

Bus

38th St & Bancroft St

Bus

38th St & Chester Ave

Bus

38th St & Riley Ave

Bus

42nd St & Dequincy St

Bus

38th St & Forest Manor Ave

Crime and Safety

1 - Low Crime, 10 - High Crime Forest Manor US
Homicide 8 4
Sexual Assault 4 4
Assault with Weapon 7 4
Robbery 6 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$144,950
Median Single Family Price
$161,000
Average Price Per Sq Ft
$127
Number of Homes for Sale
13
Last 12 months Home Sales
58
Months of Supply
2.70
Median List Price
$169,750
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
0%

Home Facts

Number of Homes in Neighborhood
1,633
Median Year Built
1948
Avg. Single Family Home Size Sq Ft
1,566
Below the national average
1,935
Average Townhouse Size Sq Ft
1,131
Average 2 Bedroom Size Sq Ft
1,484
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Apr 27
    2 - 4pm

    4621 E 37th St, Indianapolis, IN 46218

    $279,000

    • 3 Beds
    • 2 Baths
    • 2,520 Sq Ft
    • 4621 E 37th St

    Wonderful Opportunity. Updated Home in popular Forest Manor includes 3 lots! Beautiful new Jeld Wen Windows, laminate flooring, 2 fireplaces and a finished basement. Convenient Office Space made private by a sliding barn door. Open Kitchen with new cabinets and a center island. Stainless appliances. 3 Private Bedrooms on main level with a full bath. Bath is luxurious with a free-standing tub and

    Diane Brooks F.C. Tucker Company

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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 Alison Fernandez, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,090
Median Age
44
Population Density
7 ppl/acre
Population under 18
22%
On par with the national average
23.8%
Population over 65
23.7%
On par with the national average
19.1%

Finances

Median Household Income
$42,482
Significantly below the national average
$71,702
Average Household Income
$49,711

Education and Workforce

High School Graduates
78.9%
College Graduates
19.7%
Below the national average
34.1%
Advanced Degrees
7.7%
% Population in Labor Force
49.1%
Below the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

42 / 100

Some Transit

Transit Score®

38 / 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
Forest Manor
Alison Fernandez
The Stewart Home Group
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