Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 46283
The housing market in 46283 remains stable with steady demand for affordable single-family homes. Inventory levels are sufficient to meet current buyer interest, though price growth has moderated compared to previous years. The area continues to benefit from its proximity to major logistics hubs and the broader Indianapolis economy.
This ZIP is ideal for first-time homebuyers and families seeking affordable housing within a reasonable commute to Indianapolis employment hubs. It also attracts investors looking for stable rental yields in a growing suburban environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 28 days on market with 3.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 46283, Marion County, Indiana
Crime rates in this area are generally consistent with suburban Indianapolis averages, with property crime being the primary concern. Local law enforcement maintains a stable presence, and residents typically report feeling secure in residential neighborhoods.
Schools serving this ZIP are part of the Metropolitan School District of Decatur Township, which generally receives moderate performance ratings. The district focuses on college and career readiness programs for its diverse student body.
The area is primarily at low risk for major natural disasters, though standard flood insurance is recommended for properties near local creek basins. The climate posture is typical for the Midwest, with occasional severe thunderstorm and wind risks.
Economic momentum is driven by proximity to the Indianapolis International Airport logistics corridor and ongoing residential infill development. Major employers in the region include healthcare systems and distribution centers.
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.
Commuters primarily utilize I-70 and I-465 to reach downtown Indianapolis, typically resulting in a 20-30 minute drive. Public transit options are limited, making personal vehicle ownership essential for most residents.
The area features several community parks and green spaces, including proximity to the White River trails. Shopping and dining options are concentrated along major arterial roads like Kentucky Avenue.
The rental market is characterized by high demand for single-family homes and garden-style apartments. Vacancy rates remain low due to the area's affordability relative to the broader Indianapolis market.
The economy is heavily influenced by the logistics, transportation, and healthcare sectors due to the proximity to the Indianapolis International Airport. Employment growth is steady, supported by regional industrial development.
The area is served by major highway corridors including I-70 and I-465, facilitating regional access. Public transportation is limited to bus routes connecting to the Indianapolis city center.
Development is focused on residential infill and the expansion of industrial/logistics space near the airport. No major stadium or large-scale entertainment projects are currently planned for this ZIP.
The Marion County Assessor manages property valuations, with assessments conducted annually to reflect market changes. The county utilizes a mass appraisal system for residential properties.
Parcels are subject to Metropolitan School District of Decatur Township taxes and standard municipal service districts. No major MUDs or PIDs are prevalent in this established area.
Property insurance premiums are stable, reflecting the area's moderate risk profile. Homeowners should maintain standard coverage for wind and storm damage common in the region.
Net domestic migration to Indiana remains positive, with the Indianapolis metro area attracting residents from across the Midwest. Growth is driven by affordability and job opportunities.
Indiana is a judicial foreclosure state, requiring court intervention for the foreclosure process. This typically results in a longer timeline for lenders to complete the process compared to non-judicial states.
Sellers are required to provide a comprehensive property disclosure form detailing the condition of the home. This must be provided to the buyer before the acceptance of an offer.
Data retrieved from data.census.gov ZCTA-level tables.
Provides local recreational facilities and sports fields.
Primary commercial artery serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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