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University Heights

University Heights

Suburban Neighborhood in Indianapolis, Indiana

Marion County 46227, 46237

$176,209 Average Value
$145 Average Price per Sq Ft
27 Homes For Sale

A bustling college town near Downtown Indianapolis

Ideally placed at the junction between two main interstates, University Heights is a college town six miles south of Indianapolis. Aside from its obvious connection to the University of Indianapolis, University Heights is where a blend of 12,000 residents calls home. Buyers express interest in the area because of its lower housing prices and proximity to the big city. Despite its status as a college town, there are numerous K-12 schools nearby where parents can send their kids. Much of the recreation centers around the University but that doesn’t mean it’s exclusive to college students. Folks enjoy open green spaces and sports as a pastime. Crime is more or less on par with the national average, and things are quieter outside Indianapolis.

University Heights is a Perry Township neighborhood home to University of Indianapolis.
University Heights is a Perry Township neighborhood home to University of Indianapolis.
University Heights enjoys easy access to major highways like I-465 and I-65.
University Heights enjoys easy access to major highways like I-465 and I-65.
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Commuting into Downtown Indianapolis

Interstate 65 runs through the middle of the neighborhood, making the 6-mile drive into downtown Indianapolis take 15 minutes or less. The bus is an alternative, with multiple routes winding their way north. The shortest Indianapolis commute time by bus is half an hour. Interstate 465 borders University Heights to the south and forms a wheel-and-spoke shape around the greater Indianapolis area. This circular stretch of highway allows drivers to access more than a dozen other thoroughfares that branch outward to other cities.

Sports are central to University Heights recreation

There are several ways non-university community members can engage in and enjoy the school’s events and facilities. Krannert Memorial Library welcomes the greater community and features a large collection of volumes, digital databases and study areas for anyone looking to find their next read. Catching one of the athletic teams in action is also a popular pastime. “We have all sports here essentially — football, basketball, soccer, lacrosse — that non-university people can come to attend,” says Matt Gray of UIndy’s Residence Life office. He adds that Christel De Haan Fine Arts Center features year-round ticketed events including concerts, theater performances and guest lectures. The UIndy Tennis Center is a public, covered facility where locals can play singles or doubles matches. A small taste of the outdoors is available at the university’s central Smith Mall, featuring large patches of grass and a reflecting pool. Southside Park is where outdoor, off-campus gatherings happen. The park features a playground, a picnic pavilion and an open sports field. The neighborhood’s youngest ball players can enroll to play at the Indiana Central Little League complex, the state’s oldest Little League Park.

Find knowledge and inspiration at University Heights' Krannert Memorial Library.
Find knowledge and inspiration at University Heights' Krannert Memorial Library.
The University of Indianapolis features an indoor tennis center that is open to the public.
The University of Indianapolis features an indoor tennis center that is open to the public.
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K-12 classes and beyond

Students in University Heights attend Raymond F. Brandes School for pre-K through sixth grade. The school grants students access to a high-tech makerspace workshop and receives a C from Niche. As University Heights is part of Perry Township, two Perry Township Schools serve its older students: Southport Middle School and Southport High School, which Niche rates B and B-plus, respectively. Calvary Christian School is a private school in University Heights that serves preschool through 12th grade. For higher education, students can apply to the local University of Indianapolis.

Southport High School in Indianapolis has a great football stadium.
Southport High School in Indianapolis has a great football stadium.
Explore academic excellence at University Heights' Raymond F. Brandes School.
Explore academic excellence at University Heights' Raymond F. Brandes School.
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Midcentury single-family homes priced below the national average

Most homes in University Heights were built prior to 1960, and some of the area’s most significant growth occurred in the mid-20th century. Single-family homes feature popular midcentury ranch-style homes sided with stone, brick, vinyl or some combination of the three. The more modest of these range start at $100,000 and creep up to $230,000. Bungalows, Cape Cods and split-level homes also run throughout. These single-family homes fetch a slightly wider price range of $100,000 to $267,000. New developments like Green Lea Acres have popped up in recent decades. Buyers will even discover some new construction in the neighborhood.

The architecture of homes in University Heights is beautiful and full of charm.
The architecture of homes in University Heights is beautiful and full of charm.
Homes in University Heights are perfect for both first time buyers and longtime owners.
Homes in University Heights are perfect for both first time buyers and longtime owners.
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A casual dining scene in University Heights

The dining scene in University Heights is largely casual. Several renowned chain restaurants operate in University Heights, along with a few locally owned businesses. Jimmy’s Diner offers classic American fare and all-day breakfast, complete with a backdrop of historic local photos and other memorabilia. Colonial Tavern, established more than a century ago, raises the roof with nightly karaoke as well as weekly trivia and stand-up comedy. For weekly groceries, locals shop at the Walmart and Tienda Don Miguel.

Madison Cafe is a popular option for dining in University Heights.
Madison Cafe is a popular option for dining in University Heights.
Savor delicious comfort food at Jimmy's Diner, a favorite eatery in University Heights.
Savor delicious comfort food at Jimmy's Diner, a favorite eatery in University Heights.
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Crime in University Heights

The crime rate in University Heights is slightly higher than the national average. According to CAP Index data, residents have a greater risk of experiencing all categories of crimes than the average U.S. citizen. Of those categories, the risk of sexual assault in the neighborhood remains the highest. In 2018, there were 11,170 incidents of violent crime and 36,237 reported property crimes across a population of 877,584 Indianapolis residents.

Malcolm Longerbeam
Written By
Malcolm Longerbeam
Stewart Taveras
Video By
Stewart Taveras

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 Anthony Robinson, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Indianapolis International

29 min drive

Bus

University Local Stop On Shelby Nb Only

Bus

Hanna Ave & Rural St

Bus

Keystone Ave - 3624 S

Bus

Keystone Ave & Troy Ave

Bus

Troy Ave & Harlan St

Bus

Sherman Dr & Wilderness Trail

Bus

Keystone Ave & Hanna Ave

Crime and Safety

1 - Low Crime, 10 - High Crime University Heights US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 6 4
Robbery 5 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$170,000
Median Single Family Price
$180,000
Median Townhouse Price
$177,450
Median 2 Bedroom Price
$130,500
Average Price Per Sq Ft
$145
Number of Homes for Sale
27
Last 12 months Home Sales
114
Months of Supply
2.80
Median List Price
$179,900
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
3%

Home Facts

Number of Homes in Neighborhood
2,748
Median Year Built
1956
Avg. Single Family Home Size Sq Ft
1,324
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
979
Average 2 Bedroom Size Sq Ft
1,047
Median Lot Size Sq Ft
8,276

Open Houses

  • Sunday, Apr 27
    1 - 3pm

    4264 Foxglove Trace, Indianapolis, IN 46237

    $139,900

    • 2 Beds
    • 1.5 Baths
    • 1,126 Sq Ft
    • 4264 Foxglove Trace

    Move In Ready and a rare gem in condo living! This beautifully updated home offers the perfect blend of privacy, modern updates, and effortless living. Tucked away in a wooded setting, this condo provides a peaceful retreat while still being close to everything you need. Private, gated front patio - Your own outdoor sanctuary! Secluded back patio - Unwind with a wooded view & no close

    Angela Oakes Berkshire Hathaway Home

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  • Saturday, Apr 26
    2 - 4pm

    2847 Merts Dr, Indianapolis, IN 46237

    $208,500

    • 3 Beds
    • 1 Bath
    • 1,272 Sq Ft
    • 2847 Merts Dr

    Don't miss out on this cozy cottage! Well maintained. Hardwood floors in all rooms except the kitchen, laundry and bathroom. Large front yard with part of it enclosed. 2-car carport. Plumbing updated. Landscaping recently done.

    Neil Tremblett 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 Anthony Robinson, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
13,093
Median Age
29
Population Density
8 ppl/acre
Population under 18
29.4%
Above the national average
23.8%
Population over 65
10.4%
Below the national average
19.1%

Finances

Median Household Income
$42,398
Significantly below the national average
$71,702
Average Household Income
$52,396

Education and Workforce

High School Graduates
76.6%
Below the national average
89.1%
College Graduates
12.4%
Below the national average
34.1%
Advanced Degrees
3.2%
% Population in Labor Force
64.1%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''

Area Factors

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

48 / 100

Some Transit

Transit Score®

27 / 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
University Heights
Anthony Robinson
AMR Real Estate LLC
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