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McCordsville neighborhood · Geist Reservoir area

Colonnade Estates

Colonnade Estates offers a more accessible price point for Geist, with a median sale price of $510K. Homes have taken longer to sell here, a median of 47 days, which makes pricing and presentation especially important. Recent sales feature a good share of new construction.

By median sale price, Colonnade Estates ranks 49 of the 76 Geist neighborhoods in this guide, in the middle of the range for the area. Price per square foot, about $176, is in line with the typical Geist neighborhood ($160). Homes took longer to sell than the typical Geist neighborhood (47 days versus 17 days), so buyers here are choosier about price and condition.

Market snapshot

Colonnade Estates by the numbers.

$510K
Median sale price
$470K–$653K
Price range
$176
Median price per sq ft
47 days
Median days on market
99.7%
Median sale-to-list
8
Sales in this period

Based on information from the Broker Listing Cooperative® (BLC®), Mar 2026 to Sep 2026, for sales over $400K only, so figures describe the upper part of the market rather than every sale. Information deemed reliable but not guaranteed.

The homes

What you'll find in Colonnade Estates.

The typical recent sale was 2,920 square feet with 4 bedrooms on about 0.26 acres. Most recent sales were new construction, so buyers compare resale homes here directly against builders' model homes and incentives.

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
2,920 sq ft
Bedrooms
4 (median)
Built
2025–2026
Lot size
0.26 acres (median)
School district
Mt Vernon Community School Corp
City
McCordsville
Selling in Colonnade Estates

What matters when you sell here.

Because homes here have taken 47 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.

With builders still active nearby, a resale has to compete on finished extras (basement, landscaping, window treatments, fencing) and on a move-in-ready closing date.

I live in Indianapolis and work these neighborhoods every week. More about selling in Geist, or compare a cash offer if you need to sell fast.

Free valuation

Find out what your Colonnade Estates home would sell for.

A custom valuation, prepared, reviewed and refined by me personally, based on recent Colonnade Estates sales. Need to sell fast? I can include a cash offer to compare.

What's my home worth?

Custom-built and personally reviewed by me from recent nearby sales, usually within a day. No obligation.

Thinking of selling… (optional)

Phone or email is fine, whichever you prefer. Your information goes only to me and is never sold or shared.

Got it, thank you.

This comes straight to me, and I'll get back to you personally, usually within a few hours. In a hurry? Call or text me at (317) 654-2593.

Text me now
Questions

Colonnade Estates real estate FAQ.

What is the median home price in Colonnade Estates?

Among 8 recent sales over $400K in Colonnade Estates (Mar 2026 to Sep 2026), the median sale price was $510K, ranging from $470K to $653K.

How fast do homes sell in Colonnade Estates?

The median home sold in 47 days on market, at a median of 99.7% of its final list price.

What school district serves Colonnade Estates?

Most recent sales in Colonnade Estates were in Mt Vernon Community School Corp. Always confirm school assignment for a specific address.

What is the price per square foot in Colonnade Estates?

About $176 per square foot at the median for recent sales, compared with a typical $160 across Geist 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 Colonnade Estates home is worth?

Request a free valuation and I will build it personally from the closest recent Colonnade Estates sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.