Lockerbie Square
Brick streets and 19th-century homes a few blocks from Mass Ave, in one of the city's oldest neighborhoods.
Lockerbie Square is priced close to the Downtown & Historic Indy median, with a median sale price of $491K. The median home sold in 34 days at 98.3% of its final list price. Recent sales feature mostly condos and townhomes.
By median sale price, Lockerbie Square ranks 11 of the 19 Downtown & Historic Indy neighborhoods in this guide, in the middle of the range for the area. Buyers pay a premium per square foot here: about $257 against a typical $216 across Downtown & Historic Indy neighborhoods, which usually points to location, lot or finish quality rather than sheer size.
Lockerbie Square by the numbers.
13 of 52 recent sales here were $750K or more.
Based on information from the Broker Listing Cooperative® (BLC®), Nov 2024 to Aug 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 Lockerbie Square.
The typical recent sale was 2,061 square feet with 3 bedrooms on about 0.03 acres. Homes date from 1880 through 2026, so original and newly built homes sit side by side and condition matters more than age. Most sales were condos or townhomes, so HOA dues and documents are part of every deal.
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
- 2,061 sq ft
- Bedrooms
- 3 (median)
- Built
- 1880–2026
- Lot size
- 0.03 acres (median)
- School district
- Indianapolis Public Schools
- City
- Indianapolis
What matters when you sell here.
Because homes here have taken 34 days to sell at the median, I price from the closest comparable sales rather than the hopeful end of the range, and I invest in presentation up front so the listing does not stall.
For condos and townhomes, having the HOA budget, reserves and rules ready before listing avoids surprises during the buyer's review period.
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 Lockerbie Square home would sell for.
A custom valuation, prepared, reviewed and refined by me personally, based on recent Lockerbie Square sales. Need to sell fast? I can include a cash offer to compare.
Nearby price points in Downtown & Historic Indy.
Lockerbie Square real estate FAQ.
What is the median home price in Lockerbie Square?
Among 52 recent sales over $350K in Lockerbie Square (Nov 2024 to Aug 2026), the median sale price was $491K, ranging from $350K to $1.44M.
How fast do homes sell in Lockerbie Square?
The median home sold in 34 days on market, at a median of 98.3% of its final list price.
What school district serves Lockerbie Square?
Most recent sales in Lockerbie Square were in Indianapolis Public Schools. Always confirm school assignment for a specific address.
What is the price per square foot in Lockerbie Square?
About $257 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 Lockerbie Square a luxury market?
13 of the 52 recent sales in Lockerbie Square 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 Lockerbie Square home is worth?
Request a free valuation and I will build it personally from the closest recent Lockerbie Square sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.