Indianapolis

Indianapolis or Indy, is the capital of the U.S. State of Indiana. It is also the most populous city in the state and 16th most populous city in the USA. If you’re looking to settle in Indianapolis, this post illustrates a few basic facts that you should know about the city.

About Indianapolis:

  • It is also known as the “Crossroads of America” and “Railroad City”.
  • The major industries in Indianapolis are finance, insurance, real estate, manufacturing, and the health sector.
  • The city has an extensive transportation system. Along with its location, its highway and rail infrastructure renders Indianapolis a major logistics center. The city has six interstate highways crossing through it.
  • The Children’s Museum of Indianapolis is the largest children’s museum in the world.
  • Indy is home to three Fortune 500 companies, and three Fortune 1000 companies.
  • The Zoo of Indianapolis is the only zoo in the country that has been accredited by authorities as a zoo, an aquarium, and a botanical garden.

Notable Architecture in Indianapolis:

Indianapolis has some beautiful historic architectural styles. A few prominent of them are listed below.

Athenaeum

This is an excellent example of German architectural influence in Indianapolis. The building exhibits both the Romanesque and Renaissance Revival architectural styles.

Indianapolis Artsgarden

This is a skywalk, which also doubles up as a performance space and an exhibition space. The Indianapolis Artgarden is built on the lines of 20th century Modern architecture.

University of Notre Dame

Famous for its golden dome, it is ranked as the second most beautiful campus in North America by Conde Nast Traveler.

Scottish Rite Cathedral

This exhibits a combination of Neo-Gothic ad Masonic architecture, and is known for its exquisite and intricate, ornate detailings.

Apart from historic sites, one can find residential homes in Indianapolis of the following types:

  • Victorian, which includes Gothic Revival, Queen Anne and Italianate.
  • Bungalow – covered porches, low-pitched gabled or hipped roofs are characteristics of this type.
  • Mid-century Modern – characterized by large windows, open floor plans and low, slung roof.
  • Ranch – generally single-storeyed, has low rooflines, large picture windows and attached garages.
  • Colonial Revival – exhibits classical French and Greek architectural styles.
  • Contemporary – geometric shapes, abundant natural light, open floor plans are few of the characteristics of this style.

Real Estate Facts and Trends in Indianapolis:

  • The median home value in Indianapolis is $137,600, which is much lower than the national average.
  • The median list price per square foot is $102.
  • There has been an increase in home values by around 14% over the last year in the city.
  • The median rent price in Indianapolis is $1000.
  • Some of the preferred neighborhoods in Indianapolis are Near North, Fountain Square, Irvington, Broad Ripple, Northwest and Allisonville.

Indianapolis has a median household income of $54,000 and has a very low unemployment rate of 3.3%. It is a good option to settle in with a decent job with the ample job opportunities, and decent rent rates and prices of residential properties.