$294,295Average Value$159Average Price per Sq Ft49Homes For Sale
A steadily growing suburban neighborhood
Fitting snugly to the east of Interstate 65 and south of Interstate 465, it's no wonder that Indy’s South Emerson neighborhood is gaining residents. Just outside the I-465 Loop but with direct highway access, South Emerson's location makes it possible to get downtown with relative ease while avoiding the hubbub of living downtown. “South Emerson has seen a load of growth in the last five to eight years,” says Susan Forrest, Broker Associate with United Real Estate of Indianapolis.
Emerson Ave is a main vein of traffic in South Emerson.
South Emerson is a place that many live and work together.
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Homes reflect different eras of growth
South Emerson once felt like where the suburbs met the farm rather than where the suburbs meet the city, developing slowly over the decades. Subdivisions could consist of mid-century ranches, 1970s split-levels, or contemporary brick-and-vinyl siding homes built between the 1990s and 2020s. “With Indianapolis being a popular place to buy due to our favorable property tax, housing prices have increased,” Forrest says. “There have been loads of new development.” Condos in the neighborhood range from $155,000-$265,000. Most houses range between $150,000 and $700,000. The neighborhood median price is about $275,000. Higher-end custom contemporary houses are found in the Greystone subdivision, where sales range from $500,000 to $1.1 million.
Rows of beautiful homes can be seen in South Emerson.
Homes in South Emerson can be perfect for both first time buyers and longtime owners.
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Emerson Avenue splits Perry and Franklin school districts
Emerson Avenue doesn’t just provide the neighborhood with its name; it forms a key boundary. Homes east of Emerson are in Franklin Township, and homes west of Emerson are in Perry Township. Students in Perry Township attend Jeremiah Gray Elementary, which receives a B-plus grade from Niche. They’ll move on to B-rated Southport Middle and B-plus rated Southport High. There are four schools serving students in the Franklin Township's half of the neighborhood. Kindergarten through third graders attend B-rated Arlington Elementary. Fourth through sixth graders head to B-plus rated Edgewood Intermediate before attending B-rated Franklin Central Junior High. They’ll then move on to A-minus rated Franklin Central High. A-minus rated Lutheran High and A-rated Roncalli Catholic are also popular options for neighborhood residents. In addition, more than 250 students attend Gray Road Christian School, an elementary school attached to the neighborhood's Gray Road Baptist Church.
Edgewood Intermediate is a great place for students to learn and grow.
Students at Franklin Central High School in Indianapolis love the football field.
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Car-friendly, but other transportation a challenge
Interstate 65 puts downtown Indianapolis in quicker reach than its 9-mile distance might indicated. South Emerson is also about a 15-mile drive east of Indianapolis International Airport on I-465. But the neighborhood is not ideal for getting around on foot, and has a 27 of 100 Bike Score and an 8 of 100 Walk Score. The IndyGo 16 bus route runs towards downtown along Emerson Avenue. A bus trip downtown can take nearly an hour compared to around 20 minutes by car.
Local favorites mix with plentiful chain options
South Emerson’s proximity to two interstates also makes it an appealing location for shopping centers. But there are some local gems in addition to the chain stores and restaurants. Fujiyama Steakhouse, opened here in 1977, was one of the first restaurants to introduce Japanese cuisine to Indianapolis. The simple setting of Egg Roll #1 is one of Indy’s most popular spots for pho. Though relatively new, Paradise Mx’s authentic Mexican ice creams and desserts have quickly become a neighborhood favorite. And Whiskey Business Burgers Bourbon Brews vast selection of each item listed in its name makes it an ideal spot to catch the Colts, Pacers, Hoosiers or Boilermakers on TV. Neighborhood residents also have multiple grocery options, including Aldi, Kroger, Meijer, Target and Walmart.
KG's Pub is a great place to relax and enjoy a good meal with friends.
The Egg Roll #1 is #1 for Vietnamese food in Indianapolis, IN.
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Tolin-Akeman the lone neighborhood park
Outdoor recreation is sparse in South Emerson. Tolin-Akeman Park, a 5.5-acre greenspace with a picnic shelter and playground, is the lone park in the neighborhood. That’s in line with Indianapolis as a whole, where only 5% of land is park space compared to the national median of 15%. And though Indy has a reputation as a golf-friendly city, there are no courses within 4 miles of the neighborhood.
Options for family bonding abound
There are multiple recreational centers in and near South Emerson. Greatimes Family Fun Park is true to Indy’s racing spirt with three go-kart tracks in addition to two 18-hole mini-golf courses and a two-story arcade. Combat Ops offers laser tag, nerf-style tag, dodgeball, mini-golf and other family-friendly games in its indoor setting. Sky Zone Trampoline Park features multiple trampolines as well as American Ninja Warrior- and American Gladiators-inspired challenge games.
Noise and flooding are potential factors
The sounds of traffic are a factor in South Emerson. Emerson Avenue is a busy four-lane road, and a pair of interstates border the neighborhood. Two minor streams – Little Buck Creek and Carson Creek – cut through the neighborhood and carry potential flood risks.
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
On average, homes in South Emerson, Indianapolis sell after 40 days on the market compared to the national average of 52 days. The median sale price for homes in South Emerson, Indianapolis over the last 12 months is $249,950, up 2% from the median home sale price over the previous 12 months.
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