E Summer St / Indianapolis Blvd median real estate price is $73,709, which is less expensive than 86.7% of Indiana neighborhoods and 93.1% of all U.S. neighborhoods.
The average rental price in E Summer St / Indianapolis Blvd is currently $781, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.7% of Indiana neighborhoods.
E Summer St / Indianapolis Blvd is a suburban neighborhood (based on population density) located in Hammond, Indiana.
E Summer St / Indianapolis Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E Summer St / Indianapolis Blvd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in E Summer St / Indianapolis Blvd. The current real estate vacancy rate here is 18.6%. This is higher than the rate of vacancies in 82.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.