The story of this market
The typical home in ZIP 46242 sells for about $260,000, or $143 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,395 a month.
This ZIP has no home sales of its own, so its market figures come from Indianapolis, Indiana (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 46242 — Indianapolis
ZIP 46242 is a PO Box-only ZIP code in Indianapolis, Indiana. Consequently, there is no residential housing market data, active inventory, or standard census demographic profile available for this geography.
Median prices moved up 2.3% year over year.
Homes spend a median of 21 days on market with 2.8 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Slick City Action Park4.58.2 mi
- Dave & Buster's Indianapolis3.915.8 mi
- Smiley Ocean Themed Adventure Park4.316.1 mi
- Sky Zone Trampoline Park4.316.7 mi
- The Waterpark4.316.6 mi
- Gainbridge Fieldhouse4.76 mi
- Lucas Oil Stadium4.75.5 mi
- Indianapolis Zoo4.55 mi
- Indianapolis Motor Speedway4.84.7 mi
- Indiana Convention Center4.65.7 mi
- The Children's Museum of Indianapolis4.77.8 mi
- Indianapolis Zoo4.55 mi
- Indianapolis Motor Speedway4.84.7 mi
- AMC Indianapolis 174.46 mi
- Eagle Creek Park4.710.1 mi
- The Children's Museum of Indianapolis4.77.8 mi
- Newfields4.77.7 mi
- Indianapolis Motor Speedway Museum4.84.4 mi
- Indiana State Museum4.75.5 mi
- Soldiers & Sailors Monument4.76 mi
- Newfields4.77.7 mi
- Eagle Creek Park4.710.1 mi
- White River State Park4.75.4 mi
- Holliday Park4.811 mi
- Garfield Park4.55.9 mi
- White River Yacht Club4.612.9 mi
- The Hangar4.95.8 mi
- Southern Dunes Golf Course4.16.3 mi
- Brickyard Crossing4.64.4 mi
- Saddlebrook Golf Club48.7 mi
- Pleasant Run Golf Course4.411 mi
- Greenwood Park Mall4.410 mi
- Saraga International Grocery4.36.3 mi
- Meijer4.211.2 mi
- Meijer4.310.7 mi
- Indianapolis International Airport4.62.3 mi
- Flights Craft Bar & Kitchen3.90.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.