Indianapolis Blvd / Schrage Ave median real estate price is $110,848, which is more expensive than 45.0% of the neighborhoods in Indiana and 22.5% of the neighborhoods in the U.S.
The average rental price in Indianapolis Blvd / Schrage Ave is currently $1,034, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.2% of the neighborhoods in Indiana.
Indianapolis Blvd / Schrage Ave is a suburban neighborhood (based on population density) located in Whiting, Indiana.
Indianapolis Blvd / Schrage Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Indianapolis Blvd / Schrage Ave 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 Indianapolis Blvd / Schrage Ave. The current real estate vacancy rate here is 19.9%. This is higher than the rate of vacancies in 85.0% 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.