Monon Yard
Newer homes along the Monon Trail, steps from local coffee shops, restaurants and wine bars, and a quick trip to downtown.
Monon Yard is priced close to the Downtown & Historic Indy median, with a median sale price of $448K. Homes have taken longer to sell here, a median of 62 days, which makes pricing and presentation especially important. Recent sales feature basements in most homes.
By median sale price, Monon Yard ranks 15 of the 19 Downtown & Historic Indy neighborhoods in this guide, among the more affordable for the area. Price per square foot, about $199, is in line with the typical Downtown & Historic Indy neighborhood ($216). Homes took longer to sell than the typical Downtown & Historic Indy neighborhood (62 days versus 30 days), so buyers here are choosier about price and condition.
Monon Yard by the numbers.
Based on information from the Broker Listing Cooperative® (BLC®), Aug 2025 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 Monon Yard.
The typical recent sale was 2,550 square feet with 4 bedrooms on about 0.13 acres. Homes were built between 1900 and 2022. Most homes have 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
- 2,550 sq ft
- Bedrooms
- 4 (median)
- Built
- 1900–2022
- Lot size
- 0.13 acres (median)
- School district
- Indianapolis Public Schools
- City
- Indianapolis
What matters when you sell here.
Because homes here have taken 62 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.
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 Monon Yard home would sell for.
A custom valuation, prepared, reviewed and refined by me personally, based on recent Monon Yard sales. Need to sell fast? I can include a cash offer to compare.
Nearby price points in Downtown & Historic Indy.
Monon Yard real estate FAQ.
What is the median home price in Monon Yard?
Among 8 recent sales over $350K in Monon Yard (Aug 2025 to Oct 2026), the median sale price was $448K, ranging from $363K to $702K.
How fast do homes sell in Monon Yard?
The median home sold in 62 days on market, at a median of 100% of its final list price.
What school district serves Monon Yard?
Most recent sales in Monon Yard were in Indianapolis Public Schools. Always confirm school assignment for a specific address.
What is the price per square foot in Monon Yard?
About $199 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.
How do I find out what my Monon Yard home is worth?
Request a free valuation and I will build it personally from the closest recent Monon Yard sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.