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Real Estate
Property, housing and development across Central Indiana.
CENTRAL INDIANA HOUSING
Read MIBOR’s monthly report ↗Local market snapshot
September 2026 · MIBOR’s 17-county service area · Single-family homes
Homes for sale
7,405+16.3% year over yearMedian days on market
27Single-family homesMonths of supply
2.9Inventory at the reported sales paceClosed sales changed -3.5% from a year earlier. Prices, available inventory and time on market measure different parts of the market; these regional figures can differ from an individual neighborhood.
Monthly data, not live listings. Report verified October 26, 2026. New official reports are checked hourly.
FINANCING WATCH
Compare Indiana mortgage offers ↗Mortgage rates
National purchase benchmarks · Bankrate · November 1, 2026
30-year fixed
7.28%Interest rate
7.34%APR
15-year fixed
6.72%Interest rate
6.82%APR
PAYMENT ESTIMATE
Mortgage calculator
Adjust the figures to estimate monthly principal and interest.
Estimated monthly principal & interest$1,916Estimated loan amount: $280,000
This estimate uses the interest rate, not APR. It does not include property taxes, homeowners insurance, mortgage insurance, HOA fees or closing costs. It is not a loan offer.
These are national averages for purchase loans, rather than Indiana lender quotes. APR includes interest and certain borrowing costs. Your offer depends on credit, down payment, fees and loan terms.
Mortgage source refresh failed; the last verified date is retained.
Source verified November 1, 2026. Scheduled source checks run hourly in the cloud.
Real estate resources
Homes.com ↗Find homes and explore local property listings.Realtor.com News ↗Housing news, market coverage and homeowner information.MIBOR Market Insights ↗Official Central Indiana housing reports and local data.
External resources open in a new tab. Listings and offers are maintained by their providers.
Location filters match places named in story headlines, summaries and categories. County filters include the listed local communities; they do not guarantee complete coverage.
179 stories in Real Estate
CENTRAL INDIANA BUSINESSOct 31, 2026 · News BriefRead news brief →
INDOT awards road grants to Hancock County and Greenfield for state FY2027
Correction (Oct. 31): Indiana’s FY2027 Community Crossings award list confirms $319,805 for Hancock County and $364,847.50 for the City of Greenfield. The Indiana Department of Transportation says the awards were announced Oct. 28. Community Crossings supplies matching funds for eligible local road and bridge preservation; the listed amounts are grants, not total project costs. INDOT’s award list does not name the specific roads, construction contracts or completion dates for these recipients. An earlier version described a Cranberry Lake Estates project and 2027 construction schedule without a direct public project record; those details have been removed. The grants provide funding for future local infrastructure work, while project execution remains to be documented. INDOT’s award PDF is available from its Community Crossings page linked in Sources.
Additional sources (1)
BOONE COUNTYOct 30, 2026 · News BriefRead news brief →
Lebanon, Boone EDC announce planned $102.9 million speculative industrial park
The City of Lebanon and Boone County Economic Development Corp. announced plans for an estimated $102.9 million speculative industrial park by Indianapolis-based Strategic Capital Partners. The proposed Lebanon Commerce Park would place four Class A industrial buildings totaling about 1.49 million square feet on 116 acres near State Road 39, Tyre Road and John Shaw Road. The developers say the space could support office, warehouse, light-manufacturing and distribution users. Construction is anticipated to begin in the third quarter of 2027 and proceed in phases. Because the project is speculative, tenants and resulting job counts have not been established.
Additional sources (1)
RETAIL & HOSPITALITY
Crestline selected to manage 128-room Aloft Indianapolis Downtown
Crestline Hotels & Resorts said Oct. 30 that it has been selected to manage the 128-room Aloft by Marriott Indianapolis Downtown at 136 E. Market St. The existing hotel joins Crestline’s Essential Collection, according to the company’s announcement. Crestline described a lobby lounge, event space, fitness center and valet service at the downtown property. The assignment adds an Indianapolis hotel to Crestline’s management portfolio and brings a national operator to a property near Massachusetts Avenue and Gainbridge Fieldhouse. The announcement did not disclose contract terms, a management start date or plans for new jobs. This is a hotel management agreement, not an announcement of a new building or ownership sale.
Oct 30, 2026 · News BriefRead news brief →
REAL ESTATE
HSE land auction ends without sale as district prepares longer offer process for 16-acre Fishers site
Hamilton Southeastern Schools’ online auction for 16.14 acres at 0 E. 136th Street in Fishers closed Oct. 21 without a sale. The district’s public notice identifies the parcel and auction dates, and its Oct. 28 board agenda includes a land-sale update. Current Publishing reported that bids fell short of the district’s target price and officials plan to invite longer offers through Metzger Property Services. The property remains district-owned; any eventual agreement will need further board action. The proposed sale matters to Fishers development because the parcel is near 136th Street and Prairie Baptist Road. HSE has not announced a buyer or final sale price. Official board record: https://hseschools.community.highbond.com/Portal/MeetingInformation.aspx?Org=Cal&id=1131
Oct 30, 2026 · News BriefRead news brief →
JOHNSON COUNTY
Beyond Buc-ee’s: Johnson County’s development pipeline
Buc-ee’s has drawn the attention, but Johnson County’s development pipeline reaches well beyond a single travel center. A $200 million roofing plant in Franklin, a college-linked innovation district, senior housing in Whiteland and mixed-use plans in Bargersville point to several different sources of future jobs and commercial activity. They also sit at different stages: a zoning vote, a development agreement and a working factory are separate milestones.
Oct 29, 2026 · News BriefRead news brief →
HAMILTON COUNTY
Nonprofit HAND outlines Hamilton County housing projects, cites 2022 study showing worker housing gap
The Towne Post Network — Indiana report says nonprofit HAND described its recent and planned affordable-housing projects in Hamilton County, including the new Home Place Duets in Carmel, and cited a 2022 study finding a shortage of lower-cost housing for retail, food-service and other local workers.
Oct 29, 2026 · News BriefRead news brief →
HENDRICKS COUNTYOct 28, 2026 · News BriefRead news brief →
Brownsburg zoning vote advances proposed grocery and fuel site
Brownsburg's Town Council advanced a proposed grocery and fuel site by voting to amend zoning for land southwest of Green Street and Northfield Drive on Oct. 22. The town's meeting agenda identifies the measure as Ordinance 2026-18; Current Publishing reported a 3-1 vote. The revised plan calls for a store building of up to 77,000 square feet. This is a land-use milestone, not a construction start. Further development review and permits remain before work can begin. The decision could add another grocery option in Hendricks County, while a construction schedule and opening date have not been announced.
Additional sources (1)
REAL ESTATEOct 27, 2026 · News BriefRead news brief →
Fort Wayne Urban League releases ‘State of Black Fort Wayne’ report showing local gaps in jobs, housing and health
The Fort Wayne Urban League released the “State of Black Fort Wayne” report on Oct. 27, 2026, with data compiled by the Community Research Institute at Purdue University Fort Wayne, the linked 21Alive report says. The report highlights gaps in education, employment, health and homeownership for Black residents in Allen County.
Additional sources (1)
REAL ESTATE
South Bend board approves advertising demolition bids for 120‑year‑old Lafayette Building while still seeking preservation proposals
ABC57 reports the South Bend Board of Public Works voted Oct. 27, 2026, to advertise bids to demolish the roughly 120‑year‑old Lafayette Building after a June fire, but city officials say they remain open to proposals to save the structure.
Oct 27, 2026 · News BriefRead news brief →
GOVERNMENT & POLICYOct 27, 2026 · News BriefRead news brief →
SK hynix project heads to December trial as construction advances
A judge declined to end residents' challenge to the West Lafayette rezoning that cleared the way for SK hynix's semiconductor plant. The ruling keeps a December bench trial on track, but it does not halt construction.
Additional sources (1)
SK hynix Indiana Groundbreaking: Bringing Next-Generation AI Memory to the U.S. | SK ↗
GOVERNMENT & POLICYOct 27, 2026 · News BriefRead news brief →
Patchwork City: What Indianapolis’s road budget can—and can’t—repair
Indianapolis has more money planned for infrastructure, but a bigger capital number does not translate directly into smoother pavement. The city maintains nearly 8,400 lane miles of streets, according to its Vision Zero materials. Its 2026 public works capital plan totals $279 million, with $218 million assigned to transportation and about $62 million to stormwater. Those rounded figures cover bridges, sidewalks, drainage and other work as well as street surfaces.
Additional sources (1)
INDIANA BUSINESS
Brownsburg studies a third I-74 interchange west of Green Street
Brownsburg has preliminary state and federal approval to continue planning a third Interstate 74 interchange, but it does not yet have a final location, design, construction timetable or announced total cost. The town identifies a possible site west of State Road 267, known locally as Green Street. Its project page says the next step is environmental review, not construction.
Oct 27, 2026 · News BriefRead news brief →
HENDRICKS COUNTY
Pittsboro’s data-center question: what followed the Vantage zoning vote?
Town records and local reporting show Pittsboro’s Town Council approved rezoning related to a proposed Vantage Data Centers campus on March 18, 2025. Data Center Dynamics reported plans for three buildings on about 285 acres, but town documents and project trackers leave the project’s present construction status unresolved.
Oct 26, 2026 · News BriefRead news brief →
REAL ESTATEOct 26, 2026 · News BriefRead news brief →
From Speedway gateway to unfinished landmark: The long, stalled history of the Wilshaw Hotel
Speedway’s long-stalled Wilshaw Hotel at 4801 W. 16th St., across from Indianapolis Motor Speedway’s Gate 1, has remained unfinished since 2019. In March 2026, the Town Council authorized the redevelopment commission to begin an acquisition process while foreclosure litigation and the site’s future remained unresolved.
Additional sources (3)
WFYI: Hotel developer wants to take over project in Speedway ↗
WTHR: Foreclosure lawsuit filed in Speedway hotel project, causing more delays ↗
WISH-TV: Delayed Speedway hotel project now faces foreclosure ↗
INDIANA BUSINESSOct 26, 2026 · News BriefRead news brief →
Washington Square’s $5 billion promise meets a basic problem: the owner says there is no deal
A California developer has presented a $5 billion vision for Washington Square Mall that would replace the aging Far Eastside property with a luxury resort, hotel, conference center, senior housing and entertainment complex. The proposal is designed to sound transformational. Its immediate problem is more basic: the company does not own the site, has not identified its investors and is making a purchase-agreement claim the mall’s primary owner disputes.
Additional sources (1)
Developer proposes turning Washington Square into a luxury resort ↗
REAL ESTATEOct 26, 2026 · News BriefRead news brief →
Dale opens 40 duplex units after READI-backed housing project
State economic development officials say a 40-unit duplex development opened Oct. 26 in Dale, Spencer County. The Indiana Economic Development Corporation puts Orchard Estates at $8.7 million, including a $1.5 million award from the state’s READI program. Its announcement says the project comprises 20 single-level duplex homes and includes drinking-water, sewer, stormwater and road work. The Southwest Indiana Development Council described a 40-home project at its 2025 groundbreaking, corroborating the planned scale. The added units could help a rural community accommodate workers and families, though no occupancy outcome is yet documented. The state describes the homes as affordable but gives no rent levels or eligibility rules, so that claim cannot be independently assessed.
Additional sources (1)
REAL ESTATE
Housing starts fall 5.2% in September while permits remain nearly flat
U.S. housing starts declined to a 1.221 million annual rate in September, while permits slipped 0.2% and completions increased 2.2%, according to Census Bureau and HUD estimates.
Oct 25, 2026 · News BriefRead news brief →
REAL ESTATE
Mortgage rates ease to 7.32% but remain more than a point above last year
Freddie Mac's national survey placed the average 30-year fixed mortgage rate at 7.32% for the week of October 22, down from 7.40% but well above the 6.19% rate a year earlier.
Oct 25, 2026 · News BriefRead news brief →
REAL ESTATEOct 25, 2026 · News BriefRead news brief →
JLL report: Indianapolis office vacancy 20.4% in Q3 2026 as firm says market is showing signs of rebound
A JLL market report shows Indianapolis’ office vacancy rate was 20.4% in the third quarter of 2026 and says the market is showing signs of a rebound, WISH‑TV reports.
Additional sources (1)
REAL ESTATE
Punjab Property Inc. withdraws rezoning petition for roughly 10-acre southside wetland near 8600 Combs Road
Punjab Property Inc. withdrew its rezoning petition to develop land along 8600 Combs Road, sparing about 10 acres of a southside wetland for now, WISH‑TV reports. City staff had recommended denying the request and the company can refile after a three‑month waiting period.
Oct 24, 2026 · News BriefRead news brief →
REAL ESTATE
Developers outline planned hotel-focused redevelopment at Washington Square Mall in Warren Township
BRC Commercial Properties representatives told a Warren Township community meeting they plan to redevelop the Washington Square Mall property with a hotel-centered project and a mix of entertainment and retail amenities; BRC said a purchase agreement is in place and aims to begin work by late 2027.
Oct 23, 2026 · News BriefRead news brief →
REAL ESTATE
Colliers facilitates 599,152‑SF industrial lease renewal at 8677 Logo Court in Indianapolis
Colliers facilitated a 599,152-square-foot industrial lease renewal at 8677 Logo Court in Indianapolis, with Link Logistics listed as owner and Colliers brokers handling both ownership and tenant representation, Connect CRE reported.
Oct 23, 2026 · News BriefRead news brief →
HEALTHCARE
IU Health sets late-2027 target as downtown hospital takes shape
Construction on IU Health’s downtown Indianapolis medical center is entering its final phase, according to an Oct. 26 WFYI tour of the site. The health system calls the new facility Indiana University Health Medical Center and says it expects a late-2027 opening; WFYI reports officials gave December 2027 as the target. The campus along 16th Street and Capitol Avenue will combine services now provided at Methodist and University hospitals. WFYI reports the $4.74 billion project will have 860 inpatient beds, 50 operating rooms and 110 emergency care spaces. The consolidation will reshape a major downtown health care workplace and patient destination. IU Health’s Oct. 23 update also shows the planned hospital’s interior. The opening remains a target; existing services have not yet moved.
Oct 23, 2026 · News BriefRead news brief →
REAL ESTATEOct 22, 2026 · News BriefRead news brief →
515 East project to add 48 income‑restricted apartments in downtown Elkhart
The linked WNDU report says a new four‑story mixed‑use building called 515 East will provide 48 income‑restricted one‑ and two‑bedroom apartments at 515 East Street in downtown Elkhart, with rents listed on the 515 East website starting at $407 for a one‑bedroom and $473 for a two‑bedroom.
Additional sources (3)
515 East Apartments | Affordable Apartments Elkhart | Real America LLC ↗
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