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Washington Township is one of the nine townships that make up Marion County and the city of Indianapolis. Washington Township is located just north of downtown Indianapolis and bound by 96th Street and 38th Street on the north and south and Graham Road and West Lincoln on the east and west. Washington Township is one of the largest townships in Indiana with an area of 36 square miles and a population of approximately 136,000. Washington Township is home to many of the city’s most popular attractions including: Broad Ripple, the Monan Trail, Indianapolis Museum of Art, and Butler University.
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Washington Township is known for its historic homes, tree lined streets, and well established neighborhoods. Washington Township includes some the areas most desirable neighborhoods and some of the areas most expensive real estate as well. Much of the Indianapolis luxury real estate can be found in and around the Meridian-Kessler area. Meridian-Kessler is known for its large historic homes with unique features including slate roofs and diverse architecture. Some of Indianapolis’ most popular neighborhoods are also located in Washington Township including: Broad Ripple, Butler-Tarkington, Nora, and Northern Estates.
Due to its age as a community and its proximity to downtown Indianapolis, Washington Township has very few new home communities. There is a Ryland Homes town home project underway at Meridian and 96th and there is also a Davis Homes community Grandview Gardens located at 71st and Grandview.
If you are interested in one of these communities, please visit our Indianapolis New Homes page to find out how you can get a 50% commission rebate.
2006 |
2007 |
% Change |
|
Active |
N/A |
1031 |
|
Homes Sold |
145 |
95 |
-34% |
Average Selling Price |
$143,776 |
$133,912 |
-7% |
Days on Market |
75 |
80 |
7% |
Price Per Square Foot |
$91 |
$81 |
-11% |
-There are 1,031 active homes on the Washington Township real estate market with an average asking price of $178,097.
- The number of Indianapolis homes that sold in Washington Township was down 34% over last year.
-The average selling price in Washington Township was down 7%.
- There is currently a 6.42 months supply of homes on the Washington Township real estate market.
# of Homes Sold |
Average Sales Price |
|||||
2006 |
2007 |
% Change | 2006 |
2007 |
% Change | |
| Jan. | 119 |
125 |
5.04% |
$164,526 | $158,306 |
-3.78% |
| Feb. | 150 |
137 |
-8.67% |
$165,201 |
$159,858 |
-3.23% |
| March | 192 |
190 |
-1.04% |
$166,662 |
$159,073 |
-4.55% |
| April | 184 |
195 |
5.98% |
$178,697 |
$176,994 |
-0.95% |
| May | 226 |
224 |
-0.88% |
$182,837 |
$170,933 |
-6.51% |
| June | 261 |
218 |
-16.48% |
$167,476 |
$171,573 |
2.45% |
| July | 225 |
207 |
-8.00% |
$176,894 |
$166,598 |
-5.82% |
| Aug. | 183 |
182 |
-0.55% |
$171,047 |
$164,495 |
-3.83% |
| Sept. | 176 |
123 |
-30.11% |
$176,664 |
$155,226 |
-12.13% |
| Oct. | 177 |
107 |
-39.55% |
$162,507 |
$159,096 |
-2.10% |
| Nov. | 140 |
125 |
-10.71% |
$156,134 |
$157,011 |
0.56% |
| Dec. | 145 |
95 |
-34.48% |
$143,776 |
$133,912 |
-6.86% |
| Totals | 2,178 |
1,928 |
-11.48% |
$167,702 |
$161,090 |
-3.94% |
* Sold home numbers are calculated on homes that sold in Washington Township under $500,000.
Please see the Indianapolis Real Estate portion of our blog to see previous months and other Fishers Real Estate news.
Rebate Real Estate
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