Herron-Morton Place
A historic district of restored 19th-century homes and thoughtful new construction, steps from the Monon Trail and 16th Street.
Herron-Morton Place is one of the higher-priced neighborhoods in Downtown & Historic Indy, with a median sale price of $675K, about 41% above the Downtown & Historic Indy median in this data. The median home sold in 22 days at 98.3% of its final list price. Recent sales feature basements in most homes.
By median sale price, Herron-Morton Place ranks 2 of the 19 Downtown & Historic Indy neighborhoods in this guide, among the most expensive for the area. Price per square foot, about $232, is in line with the typical Downtown & Historic Indy neighborhood ($216). Homes sold faster than the typical Downtown & Historic Indy neighborhood (22 days versus 30 days).
Herron-Morton Place by the numbers.
37 of 83 recent sales here were $750K or more.
Based on information from the Broker Listing Cooperative® (BLC®), Oct 2024 to Oct 2026, for sales over $350K only, so figures describe the upper part of the market rather than every sale. Information deemed reliable but not guaranteed. Neighborhood boundaries from City of Indianapolis open data.
What you'll find in Herron-Morton Place.
The typical recent sale was 3,017 square feet with 4 bedrooms on about 0.13 acres. Homes date from 1890 through 2026, so original and newly built homes sit side by side and condition matters more than age. Nearly every home has a basement.
Every home is different, and the right price depends on the details. I'll prepare a valuation built from the closest recent sales to yours.
- Typical size
- 3,017 sq ft
- Bedrooms
- 4 (median)
- Built
- 1890–2026
- Lot size
- 0.13 acres (median)
- School district
- Indianapolis Public Schools
- City
- Indianapolis
What matters when you sell here.
The homes that sold quickest and closest to asking were priced from the nearest comparable sales and presented well from the first day; the ones that lingered usually started too high.
I live in Indianapolis and work these neighborhoods every week. More about selling in Downtown & Historic Indy, or compare a cash offer if you need to sell fast.
Find out what your Herron-Morton Place home would sell for.
A custom valuation, prepared, reviewed and refined by me personally, based on recent Herron-Morton Place sales. Need to sell fast? I can include a cash offer to compare.
Nearby price points in Downtown & Historic Indy.
Herron-Morton Place real estate FAQ.
What is the median home price in Herron-Morton Place?
Among 83 recent sales over $350K in Herron-Morton Place (Oct 2024 to Oct 2026), the median sale price was $675K, ranging from $350K to $1.48M.
How fast do homes sell in Herron-Morton Place?
The median home sold in 22 days on market, at a median of 98.3% of its final list price.
What school district serves Herron-Morton Place?
Most recent sales in Herron-Morton Place were in Indianapolis Public Schools. Always confirm school assignment for a specific address.
What is the price per square foot in Herron-Morton Place?
About $232 per square foot at the median for recent sales, compared with a typical $216 across Downtown & Historic Indy neighborhoods in this guide. Finished basements, lot and condition move individual homes well above or below that figure.
Is Herron-Morton Place a luxury market?
37 of the 83 recent sales in Herron-Morton Place closed at $750,000 or more, so luxury sales are part of the market but not the majority.
How do I find out what my Herron-Morton Place home is worth?
Request a free valuation and I will build it personally from the closest recent Herron-Morton Place sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.