$399,325Average Value$302Average Price per Sq Ft5Homes For Sale
Bustling retail paradise near an iconic theatre
Tucked near the northeast corner of Downtown Indianapolis, Renaissance Place is home to the iconic Old National Centre theatre complex and an increasing number of residential units built far more recently than the iconic 1910 building. “Renaissance Place, along with its neighboring districts, has undergone tremendous growth in the last decade, going from an area that’s only active during business days to a full neighborhood with lots of places to eat and drink,” says Mark Easley, co-owner of the Easley Winery in nearby Cole-Noble. “There’s a great nightlife around here that is very new.”
Hip nightlife and trendy cuisine on Mass Ave
Massachusetts Avenue, simply known as “Mass Ave” locally, cuts through the southeast corner of Renaissance Place. Mass Ave has developed into one of the premier dining and nightlife corridors in Indianapolis over the past decade. It’s plausible to eat dinner at a new restaurant each night in a month. “I like to try new places along Mass Ave,” says area resident Simon Kuntz. “In particular, FortyFive Degrees sushi bar has a patio that’s just a great spot on a 70-degree day to have dinner.” Union 50, a gastropub located in a former union hall, features a spacious patio and hosts live music throughout the week. Just south of the neighborhood, The Rathskeller is a German beer hall that’s operated since 1894. Whole Foods and Needler’s Fresh Market each have locations within walking distance.
Grab a bite to eat at Ralston's Drafthouse, a beloved local restaurant.
Local art can be seen in Condado, a local hot spot for fresh food and cold drinks.
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1980s townhouses and 21st-century condos
Other than a small pocket of 19th-century Queen Anne houses near the corner of East Street and Walnut Street, apartments, townhouses and condos are the norm throughout the neighborhood. Townhouses, most of which were built in the 1980s, range between $300,000 and $365,000. Condos in the neighborhood were built in the 2000s and sell for between $400,000 and $750,000. Nearly three-quarters of Renaissance Place residents live in apartments.
Townhouses built in the 1980s range between $300,000 and $365,000 in Renaissance Place.
There are luxurious high-rise condos available in Renaissance Place.
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Green space next door in American Legion Mall and Indiana War Memorial
There are no parks in Renaissance Place. Chatham Commons is a pocket park just outside the neighborhood in neighboring Chatham-Arch. Two blocks to the west, the American Legion Mall sprawls across multiple blocks from the Indianapolis Public Library to the Indiana War Memorial and Museum. The three-floor military history museum also features a shrine room dedicated to Indiana's World War I soldiers. South of the War Memorial, Depew Memorial Fountain is the centerpiece of University Park.
Visitors can travel the sprawling green spaces of University Park on scooters.
The White River is an excellent place to take an afternoon stroll near Renaissance Place.
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Musical and theatre events at distinctive Old National Centre
The Old National Centre, formerly known as the Murat Shrine Temple, is one of Indy’s premier theatre and music venues. Moorish-inspired architecture makes it one of the city’s most distinctive buildings. “The building has personality,” says Indianapolis resident Alec Toombs. There are three theatres in the Old National Centre — Murat Theatre, a 2,500-seat auditorium, The Egyptian Room, a 2,000-person concert hall, and the more intimate Deluxe room. Major musical acts looking to play a smaller venue than Gainbridge Fieldhouse frequently make the Murat or The Egyptian Room their Indianapolis concert stop.
Impressive architecture is all around in Renaissance Place.
Renaissance Place is a trendy Indianapolis neighborhood close to Massachusetts Avenue nightlife.
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Center for Inquiry School 2 at center of neighborhood
Center for Inquiry School No. 2 is a grade school in the heart of Renaissance Place. An International Baccalaureate school serving kindergarten through fifth grade, Center for Inquiry earns a B-minus rating on Niche. Middle schoolers can attend C-minus-rated Longfellow Middle. Three IPS high schools are within a mile of Renaissance Place – A-plus-rated Herron High, C-plus-rated Crispus Attucks High, and C-rated Arsenal Tech High.
Washington Irving Elementary School, serving Indianapolis students up to 5th grade.
Arsenal Technical High School is located in Indianapolis, Indiana.
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I-65 and I-70 converge nearby
Renaissance Place is minutes from the junction of Interstates 65 and 70. I-65 heads northwest to Chicago and southeast to Louisville, and I-70 heads west to Terre Haute and east to Columbus, Ohio. The neighborhood itself is easy to get around, with a 93 of 100 Walk Score and 97 of 100 Bike Score. There are also multiple IndyGo bus routes with stops in the neighborhood.
Noise a regular factor in neighborhood life
This can be one of Indy’s noisiest neighborhoods. In addition to the nearby interstate highways and a vibrant nightlife, the Indianapolis Fire Department’s Station 7 is based in the neighborhood. The CAP Index, which measures crime, gives Renaissance Place a 10 out of 10.
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
Liz Marks-Strauss,
an experienced agent in this neighborhood.
Parks in this Area
Colts Canal Playspace
Playground
Multi-Purpose Field
Walking Paths
Shawn Grove Park
Picnic Area
Playground
University Park
White River State Park
Boating
Fishing
Kayak/Canoe
Highland Park
Great Oak Commons
Picnic Area
Trails
Multi-Purpose Field
Cottage Home Community Park
Picnic Area
Trails
Events
Transit
Airport
Indianapolis International
27 min drive
Bus
Delaware St & North St
Bus
Alabama St & North St
Crime and Safety
1 - Low Crime, 10 - High Crime
Renaissance Place
US
Homicide
5
4
Sexual Assault
9
4
Assault with Weapon
7
4
Robbery
9
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
10
4
Crime Score
10
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Renaissance Place, Indianapolis sell after 51 days on the market compared to the national average of 47 days. The average sale price for homes in Renaissance Place, Indianapolis over the last 12 months is $364,583, up 17% from the average home sale price over the previous 12 months.
Rare Opportunity in Renaissance Place! Here is your chance to own an incredible home in one of the most sought after neighborhoods of Indianapolis. Welcome to this stunning 2 bed, 2.5 bath condo with a spacious loft and extremely rare 2-car attached garage - all nestled on a quiet, corner lot in the heart of Historic Chatham Arch. Just steps from vibrant Mass Ave, you'll enjoy walkable
Your downtown home is ready for you, the convenience of home in a classic Condo. Here is your own garage, laundry, and off-street parking, just moments away from your job. Forget the long drive home. This 2-bedroom condo pushes all the buttons, and you get an enclosed patio with privacy and a door that opens to the street.
Step into this meticulously updated home that seamlessly blends character with contemporary comforts. From the moment you enter, you'll notice the thoughtful renovations and quality finishes throughout every room. The kitchen was fully remodeled in 2020, featuring newer LG appliances and custom design touches that make cooking a joy. Throughout the home, custom window shutters, new Pella windows,
RILEY TOWERS DEFINES GRACEFUL LIVING...You will enjoy breathtaking views of the skyline, the conveniences and service of a luxury community, and a great downtown location that connects you to the pulse of the city. Comfort affordability and quality are the rewards of Riley Towers. We invite you to discover the difference today.
Garden Arch is located within walking distance to the Massachusetts Ave. arts district, offering all the dining, shopping, and entertainment one would need. These renovated apartments offer classic hardwood floors, custom lighting, and in-unit laundry! Upstairs units feature quaint balconies perfect for winding down from a busy day, while our downstairs floorplans include additional basement
Welcome to our newest condo in the heart of Mass Ave, designed for the modern traveler. This apartment offers seamless check-in, thoughtful amenities, and a tech-first approach, ensuring you feel at home while living like a local. Located in the local's favorite neighborhood, you're steps away from fantastic bars and restaurants. Enjoy exclusive access to the lounge or take in stunning city views
Interested in learning more about homes in this area?
Reach out to
Liz Marks-Strauss,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,650
Median Age
36
Population Density
27 ppl/acre
Population under 18
13%
Below the national average
23.8%
Population over 65
13.6%
Below the national average
19.1%
Finances
Median Household Income
$72,014
On par with the national average
$71,702
Average Household Income
$91,721
Education and Workforce
High School Graduates
93.1%
College Graduates
68.9%
Significantly above the national average
34.1%
Advanced Degrees
31%
Above the national average
13.3%
% Population in Labor Force
68.9%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Biker's Paradise
Bike Score®
97/ 100
Walker's Paradise
Walk Score®
93/ 100
Good Transit
Transit Score®
58/ 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.
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.
