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Neighborhoods in the 46227 ZIP Code

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    Hill Valley

    Hill Valley is a suburban neighborhood in Perry Township in the southernmost part of greater Indianapolis. Known for its family-friendly atmosphere, the neighborhood is filled with spacious lots, mature trees, and homes built mostly in the late 20th century. Thanks to several active houses of worship, the close-knit community has plenty of support

    • Average Value

      $290K

    • List Price

      $185K - $497K

    • For Sale

      Homes For Sale

      11 Listings

    Hill Valley
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    Linden Wood

    In the older areas of Linden Wood, mature trees tower over midcentury homes, each with its own unique style. Like the custom homes, each school, park and shop offers something special to this Indianapolis neighborhood. It’s situated 8 miles south of downtown in the coveted Perry Township, with a school district that Niche ranks as the third best

    • Average Value

      $280K

    • List Price

      $194K - $651K

    • For Sale

      Homes For Sale

      25 Listings

    Linden Wood
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    Homecroft

    Homecroft, located just four miles from downtown, is a neighborhood known for its close-knit community and small-town feel. Established in 1923, Homecroft features a mix of ranch-style and Colonial Revival homes, primarily built between the 1920s and 1940s. The neighborhood's tree-lined streets and sidewalks contribute to its charming atmosphere.

    • Average Value

      $278K

    • List Price

      $185K - $463K

    • For Sale

      Homes For Sale

      6 Listings

    Homecroft
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    South Perry

    For decades, Indy’s South Perry neighborhood marked the blending point where Indianapolis ends, and the suburbs begin. With its convenient access to downtown via Interstate 65, it still does. But in the past decade, it has also transformed into one of the most diverse neighborhoods in Indianapolis thanks to the arrival of thousands of Burmese

    • Average Value

      $259K

    • List Price

      $107K - $405K

    • For Sale

      Homes For Sale

      38 Listings

    South Perry
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    Southdale

    Southdale is one of Indianapolis’ oldest settlements. Perhaps the only evidence of this is found in the neighborhood’s Round Hill Cemetery, where gravesites date back to 1831 -- just 10 years after Indianapolis was established. The rest of Southdale continues to transform with the times – particularly in the past decade. Along with nearby

    • Average Value

      $253K

    • List Price

      $196K - $334K

    • For Sale

      Homes For Sale

      8 Listings

    Southdale
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    Southport

    Southport has carved out a unique identity within the south Indianapolis area. In 1969, it opted to be its own self-governing entity even as the city and county consolidated governments. This small but mighty community of 2,100 residents lives up to its motto, "a community for life." Volunteer-run organizations work to uplift the residents of

    • Average Value

      $239K

    • List Price

      $125K - $435K

    • For Sale

      Homes For Sale

      2 Listings

    Southport
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    Edgewood

    Edgewood – not to be confused with the Madison County town of the same name -- is a case of truth in advertising. When the Indianapolis neighborhood was first developed in 1907, this was the edge of the city, bounded by a heavily wooded area. And though Indianapolis has grown well beyond its former edge, this tree-filled neighborhood likely

    • Average Value

      $231K

    • List Price

      $118K - $411K

    • For Sale

      Homes For Sale

      9 Listings

    Edgewood
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    North Perry

    Located about 5 miles from downtown Indianapolis, North Perry is a diverse community known for its convenient location. Several locally-owned businesses and restaurants, along with major retailers, make for easy shopping and dining. Outdoor recreation is another draw, with parks in the neighborhood and the surrounding area. Dining and shopping in

    • Average Value

      $204K

    • List Price

      $114K - $340K

    • For Sale

      Homes For Sale

      9 Listings

    North Perry
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    University Heights

    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

    • Average Value

      $176K

    • List Price

      $98K - $302K

    • For Sale

      Homes For Sale

      26 Listings

    University Heights