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Devonshire · Indianapolis · Lawrence Township

Homes for Sale in Devonshire, Indianapolis

A 1960s neighborhood where homes went under contract in a median of 7.5 days. Here is what homes sell for, how long they take, and what to check first.

The Devonshire market right nowSingle-family closings · 12 months through August 2026
26Sales, last 12 monthsPrior 12 months: 27
$445,000Median sale priceWas $410,000 the year before
7.5Median days on marketWas 13 the year before
98.1%Of list price, average54% sold at or above list
Middle 80% of sales ran $307,500 to $521,500; median $187 per living sq ft on a median 2,190 sq ft. “Last 12 months” is September 2025 through August 2026; the year before is September 2024 through August 2025. At 26 sales a year, one or two big closings move the median, so I pull actual comparables for any specific house. Source: MIBOR Broker Listing Cooperative, single-family closings with the MLS subdivision name Devonshire, pulled October 3, 2026.

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The honest version

What Devonshire Is Actually Like

Devonshire is in Lawrence Township, in the Metropolitan School District of Lawrence Township per MLS records. The homes that sold here in the last two years were mostly built between 1960 and 1968, a mix of one-story and two-story homes.

The MLS shows 26 closings in the last 12 months against 27 the year before, at a median of $445,000, up from $410,000. Homes went under contract in a median of 7.5 days, down from 13, and closed at 98.1% of list on average, with 54% closing at or above list.

Devonshire's median sale was $445,000, up from $410,000. The middle 80% of sales ran $307,500 to $521,500 (MIBOR).

What you are actually buying: a 1960s house with a large footprint, usually around 2,190 square feet and more than 40 years old. What you are giving up: newer construction. These homes were built in the 1960s, so ask about the roof, HVAC, sewer line and electrical, and price in what has been updated.

Live listings

Browse Devonshire Homes by Price

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How it breaks down

What to Know Before You Buy in Devonshire

Dues, size range and a thin sample.

Dues and amenities

Association dues are not part of the MLS data behind this page, so I am not quoting a number. Ask the listing agent for the current dues and what they cover, then confirm with the association itself.

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A wide size range

Homes here ran from about 1,704 to 2,912 square feet in the last two years, so a price per square foot of $187 is a better comparison than the sale price alone.

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Build years

Homes here were built between about 1960 and 1968, so check the year built of any comparable you rely on.

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A small sample

At 26 sales in 12 months, one or two unusual closings can move the median. I pull actual comparables for any specific house.

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Schools & the ballot

Metropolitan School District of Lawrence Township

Devonshire sales in the MLS list Metropolitan School District of Lawrence Township as the district. Which elementary, middle and high school an address feeds into can change with boundary updates, so confirm the assignment for the specific address with the district.

The ballot

The Metropolitan School District of Lawrence Township has never asked voters for an operating referendum, and I found no Lawrence Township question on the November 3, 2026 ballot (Chalkbeat Indiana voter guide, September 11, 2026). Voters did approve a capital referendum in November 2019, which is separate from an operating referendum, so ask for the current school tax rate for any address.

Living here

The Drive, Taxes & Fit

The drive

Drive your actual commute at your actual start time before you commit.

Taxes

Indiana caps homestead property tax at 1% of gross assessed value under the circuit breaker, so most owner-occupants land at or near that figure before any voter-approved referendum rate, which sits outside the cap. Rentals and second homes are capped at 2% and should be modeled separately. Marion County's local income tax is 2.02%, per the Indiana Department of Revenue's county rate notice effective October 1, 2026. Confirm assessments with the Marion County Assessor.

Who Devonshire is wrong for

If you want a lower entry price, compare Parks at Winding Ridge, which sold at a median of $229,000. If you want a newer house, see Parks at Winding Ridge. For all of Lawrence Township, see my Lawrence Township guide.

Questions I get weekly

Buying in Devonshire

What do homes in Devonshire sell for?

The median single-family sale in Devonshire was $445,000 over the 12 months through August 2026, on 26 closings, and the middle 80% of sales ran $307,500 to $521,500 (MIBOR BLC).

How fast do Devonshire homes sell?

The median was 7.5 days on market over the last 12 months, against 13 the year before, and 54% of homes closed at or above list price.

How much are Devonshire HOA dues?

Dues are not part of the MLS data behind this page. Ask the listing agent and confirm with the association.

What school district serves Devonshire?

Metropolitan School District of Lawrence Township in MLS records. Confirm the specific school assignment for the address with the district.

When were homes in Devonshire built?

Most homes that sold in the last two years were built between 1960 and 1968, with a median build year of 1964.

Is there a school referendum near Devonshire?

The Metropolitan School District of Lawrence Township has never asked voters for an operating referendum, and I found no Lawrence Township question on the November 3, 2026 ballot (Chalkbeat Indiana voter guide, September 11, 2026). Voters did approve a capital referendum in November 2019, which is separate from an operating referendum, so ask for the current school tax rate for any address.

Your Realtor

Thinking About Devonshire? Let's Talk.

I'm Wes Johnston, a Realtor with Trueblood Real Estate, based in Fishers. I cover the whole Indianapolis metro, and every guide on this site is built the same way: MIBOR numbers, public sources, and the trade-offs a listing description won't mention.

My job isn't to open doors. It's to tell you what a house is actually worth, what's wrong with it, and whether it's the right move for what you're trying to do — then negotiate hard on your behalf and own the process from contract to close.

If you're two years out, that's fine. Most of my best clients started with a question, not a showing.

Wes Johnston
REALTOR® · Trueblood Real Estate · License #RB18001276

Fishers-based. Honest numbers, every part of the metro. Committed to your success.

For buyers

See Devonshire Listings the Day They List

About 26 homes sold here in the last year. A saved search gets you each new Devonshire listing the morning it hits the market.

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For sellers

What's Your Devonshire Home Worth?

Not a national algorithm guessing from square footage. A real valuation based on what's actually selling near you, from someone who has been inside those houses.