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McCordsville neighborhood · Geist Reservoir area

Colonnade

Colonnade offers a more accessible price point for Geist, with a median sale price of $435K. Homes have taken longer to sell here, a median of 45 days, which makes pricing and presentation especially important. Recent sales feature a good share of new construction.

By median sale price, Colonnade ranks 69 of the 76 Geist neighborhoods in this guide, among the more affordable for the area. Price per square foot, about $162, is in line with the typical Geist neighborhood ($160). Homes took longer to sell than the typical Geist neighborhood (45 days versus 17 days), so buyers here are choosier about price and condition.

Market snapshot

Colonnade by the numbers.

$435K
Median sale price
$405K–$915K
Price range
$162
Median price per sq ft
45 days
Median days on market
97.9%
Median sale-to-list
15
Sales in this period

2 of 15 recent sales here were $750K or more.

Based on information from the Broker Listing Cooperative® (BLC®), Dec 2025 to Oct 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.

The typical recent sale was 3,020 square feet with 5 bedrooms on about 0.20 acres. Most recent sales were new construction, so buyers compare resale homes here directly against builders' model homes and incentives. Basements are uncommon, so finished square footage above grade matters.

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
3,020 sq ft
Bedrooms
5 (median)
Built
2025–2026
Lot size
0.20 acres (median)
School district
Mt Vernon Community School Corp
City
McCordsville
Selling in Colonnade

What matters when you sell here.

Because homes here have taken 45 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 home would sell for.

A custom valuation, prepared, reviewed and refined by me personally, based on recent Colonnade 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 real estate FAQ.

What is the median home price in Colonnade?

Among 15 recent sales over $400K in Colonnade (Dec 2025 to Oct 2026), the median sale price was $435K, ranging from $405K to $915K.

How fast do homes sell in Colonnade?

The median home sold in 45 days on market, at a median of 97.9% of its final list price.

What school district serves Colonnade?

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

What is the price per square foot in Colonnade?

About $162 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.

Is Colonnade a luxury market?

2 of the 15 recent sales in Colonnade 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 Colonnade home is worth?

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