Indy Investor Update

Value-add in Midtown, House Hack Near North, Rocky Ripple First Home and more!

How is the market doing in Indiana in 2025?? Let’s dive in briefly! Closed sales in Indiana are up 2% year-over-year. Source: IAR Housing Hub Right now we…

December 12, 2025Roots Update
Value-add in Midtown, House Hack Near North, Rocky Ripple First Home and more!
Image from Indy Investor Update: Value-add in Midtown, House Hack Near North, Rocky Ripple First Home and more!
  • How is the market doing in Indiana in 2025?? Let’s dive in briefly!

  • Closed sales in Indiana are up 2% year-over-year.

  • Source: IAR Housing Hub

Image from Indy Investor Update: Value-add in Midtown, House Hack Near North, Rocky Ripple First Home and more!
  • Right now we have 2.8 months of inventory, revealing a more balanced market between buyers & sellers.

  • Median sales price is up 5% year-over-year showing strong value growth in Indiana in 2025.

  • Percent of list price received is currently at 94.6% showing a strong market for sellers while also revealing a bit more buyer-leverage than past years.

  • Source: IAR Housing Hub

Image from Indy Investor Update: Value-add in Midtown, House Hack Near North, Rocky Ripple First Home and more!
  • This map shows Days on Market per County.

  • Indiananapolis, with more robust new listing growth, revels on average higher days on market (~30 DOM on average).

  • Source: IAR Housing Hub

New Indy Developments continue to come! 🏗️

Redeveloment coming to the old AMC Theater in Broad Ripple

Redeveloment coming to the old AMC Theater in Broad Ripple

New Indy Developments continue to come! 🏗️, from Indy Investor Update: Value-add in Midtown, House Hack Near North, Rocky
  • The days of the Broad Ripple AMC movie theater are coming to a close.

  • From IBJ: Local developers plan 238-unit housing project on theater site at Glendale

  • “Indianapolis developers Kite Realty Group Trust and Milhaus Development LLC plan to redevelop the site of a 25-year-old movie theater at Glendale Town Center into new apartments and townhouses.”

  • Full Article 

This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!

If even slightly interested in one of these deals hit reply! I would love to have a conversation, even if it’s just out of curiosity.

This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!, from Indy Investor Update
This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!, from Indy Investor Update
  • 2321 Guilford Ave, Indianapolis, IN 46205

  • House Hack Turnkey!

  • Duplex renovated on both sides. 3 bed, 1.5 ba per side

  • Market rents ~$1500-1750 / side

  • Located steps from Monon Trail in an exciting developing area of Near North Indy — this one is solid, and I don’t see it staying on the market long!

This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!, from Indy Investor Update
This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!, from Indy Investor Update
  • 1340 N Park Ave Indianapolis, IN

  • 5-unit fully leased, high-end rental units

  • Each unit is 2 bed, 2 bath

  • Current income $13,100 per month, or $157,200 annually, supported by high demand for quality rentals in this neighborhood

  • Class A multifamily with historic charm… We like! Excellent for someone trying to 1031 or buy, and use for bonus depreciation reasons!

This Week’s Deals 🔥 — Value-add near Butler U, Rocky Ripple Ranch, High-end 5-unit, and more!, from Indy Investor Update
  • 1414 Ingomar St. Indianapolis, IN 46241 

  • Turnkey Rental near Speedway

  • Asking $149,900, just reduced!

  • 3 beds, 2 baths, 1084 sqft.

  • Rent rate ~$1300-1400 / mo

  • Good fit for new investor or first time homeowner!

If you’re interested in any of the above deals (or to get your search started) email tyler@tylerlingle.com 🤙 We also help sellers (duh).

New Internal Podcast 🎙️

Struggling to decide between short-term rentals and mid-term rentals in Indianapolis? Wondering which strategy actually performs going into 2026?

In this episode of The Roots Podcast, real estate experts Max Moore and Tyler Lingle break down the real vacancy trends, rent ranges, furnishing costs, and which rental play is actually winning right now. If you’re trying to boost cash flow or choose the right strategy for your next unit, this episode gives you the clarity you need.

Here’s what we cover: • STR daily rate + occupancy trends • When MTR makes sense (and when it doesn’t) • True cost of furnishings and payback math • Why location and pricing beat photos • Indy neighborhoods still performing for both strategies

PLUS: real investor examples, wins, and mistakes we’re seeing at our events.Subscribe to the Podcast

Consider Pressing Subscribe on the Podcast! It’s a simple way to support what we do and get plugged in. It takes 30 seconds…

Upcoming Events in Indy for the Investor-Minded!

Upcoming Events in Indy for the Investor-Minded!, from Indy Investor Update: Value-add in Midtown, House Hack Near North
  • January Coffee & Connect with Keynote Speaker Rex Fisher, co-owner of @properties IND, owner of RCA properties. Join us for coffee, bagels, and insightful conversation in the early morning! 7:30-9am January 15th, 2026. Find details here!

  • Next Masterclass: Networking + panel discussion at Gugman Haus Brewing — our staple event and typically our largest and most accessible. March 19, 2026. Find details here!

  • Our way of giving back to the neighborhoods we invest in. Being Rooted in Community means showing up — bags, gloves, and commitment. Add to Calendar. Next Sweep: March 27, 2026 at Broad Ripple Park. Our goal: 150 volunteers. Let’s make it happen.

    Register for our upcoming events.

Thanks for the read!

I started in real estate in mid-2021 after 4 years teaching in inner-city Indy. I found a passion for real estate after house hacking on Indy’s eastside. In 2023, a partner and I started Roots Realty Co.

Roots is a brokerage team part of the @properties brokerage in Indianapolis. We specialize in helping homeowners & investors Plant Roots & Build Wealth. We offer unique insights into Indy / Investing but also one-of-a-kind networking and education events. Come meet us…

Book a time to chat to delve into your goals! Whether you’re a seasoned vet or complete newbie to all of this.

Ready to get started on your Indy Investment journey? Access All of our Investor Resources here.

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