Irvington, Cumberland, Warren Park and the far east side. Prices held flat this year while supply doubled. Here is where that gives buyers room.
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Warren Township is the east side of Marion County: about 48 square miles and 106,191 people at the 2020 Census. It holds a big piece of Indianapolis, the small included town of Warren Park, the west half of Cumberland and a sliver of Beech Grove. It grew along the National Road, Brookville Road and the rail lines, then boomed with Shadeland Avenue industry in the 1950s and 1960s.
The market loosened a lot this year without prices moving. Sales were flat at 796 against 794. The median sat at $218,750, within a few hundred dollars of last year. But months of supply more than doubled, from 1.8 to 3.9 in August, and homes took a median of 24.5 days to go under contract instead of 16.
Sellers still got 98.2% of list, about the same as last year. My read: well-priced homes are still selling close to asking, and the extra inventory is homes priced for a market that has changed. Knowing which is which is most of the job here.
What you are actually buying: a $218,750 median, the Pennsy Trail, Irvington's historic streets, and two newer subdivisions in the south end. What you are giving up: an easy Washington Street while the Blue Line is built through 2028, and a lot of change coming at once on the east side: a data center campus, Cumberland's new status and a plan for Washington Square.
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The township runs from historic Irvington to newer subdivisions near Troy Avenue, and each part is dealing with a different project right now.
Laid out in 1870 and annexed in 1902, about five miles east of downtown. Its 545-acre historic district is also a local IHPC district, so most exterior changes need a Certificate of Appropriateness. It has its own guide: Irvington homes for sale.
See homes →A town from 1951 that straddles the Marion and Hancock county line, 5,954 people in 2020. Under House Bill 1131 it becomes an excluded city on January 1, 2027 and takes over zoning, permits and code enforcement on the Marion side; the town says the change won't affect its tax rate. It's the planned east end of the Blue Line.
See homes →A small included town between 10th and 16th streets, about six miles east of downtown, platted in 1913. It's part of Indianapolis but keeps its own town government, with 1,490 people in 2020.
See homes →Inside I-465, the old industrial corridor. The former Eastgate mall became a data center in 2008. In July 2026 the city's Metropolitan Development Commission approved, 6–1, a $2 billion, two-building DC Blox data center campus near Kitley Avenue and the Pennsy Trail on the former Ford plant site. If you're looking nearby, ask me what's been committed on generators and buffers.
See homes →The far east side along East Washington Street. The 1974 mall is still open with a lot of vacancy. A city-backed vision plan released in August 2026 proposes small retail, restaurants and a youth recreation center first, then about 250 apartments and townhomes later. No developer or timeline has been set.
See homes →Newer subdivisions in 46239: Davis Homes' Ridgefield near Troy Avenue and Fisher Road, from $244,490 with a new phase open, and Taylor Morrison's The Reserve paired homes, from $257,000 on Taylor Morrison's site (both checked September 27, 2026). Some 46239 communities are in Franklin Township, so check the township by address. See the Marion County new home builds page.
See homes →Neighborhood guides: Heather Hills · Parkwood Terrace · Sheffield Woods · Creekside Woods · Cherry Lake
Most of the township is served by MSD of Warren Township, including Cumberland. Indianapolis Public Schools covers parts of it, including Irvington. Confirm the assignment for the specific address.
Voters approved an operating referendum in May 2023 at up to 30 cents per $100 of assessed value for eight years, about $88 million in total, with about 52% of the vote. That rate is already on the tax bill. I found no MSD Warren question on the November 2026 ballot.
The Indianapolis Public Education Corporation, a new appointed board created by state law in 2026, has an operating referendum on the November 3 ballot for addresses inside the IPS boundary: up to 37.2 cents per $100 of assessed value for up to four years, capped at $95 million a year, with the revenue split between IPS and participating charter schools. The ballot estimates $221 a year on a $150,000 median home. It replaces the 2018 IPS referendum rate of 19.6 cents, which expires in December 2026, so the net change reported by IPS and local coverage is roughly $100 to $115 a year on that home.
Either way, put the rate into your carrying-cost math before you write an offer. Referendum rates sit outside the 1% cap.
The Pennsy runs 6.7 miles through Indianapolis and Cumberland on the old Pennsylvania Railroad line, parallel to the National Road, starting at Ellenberger Park in Irvington. The full trail is 15.5 miles, with a gap in Hancock County.
IndyGo's Blue Line bus rapid transit will run about 24 miles on Washington Street from the airport to Cumberland, with service expected in 2028. Construction runs in 12 segments through 2028. As of September 2026, work was under way from Shadeland Avenue to Woodlark Drive, and an eastbound closure from Emerson to Ritter Avenue starts November 1 for about 160 days. If you'll live on or near Washington Street, ask about the current phase.
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 Indiana Department of Revenue Departmental Notice #1, effective October 1, 2026. Confirm assessments with the Marion County Assessor.
If you want a finished, settled area with no major projects nearby, the east side has a lot underway for the next few years. If you want a small town past the county line, look at Greenfield or New Palestine. If you want the north side's pace, compare Lawrence.
The median single-family sale was $218,750 year to date through August 2026, on 796 closings, essentially flat against $218,950 over the same stretch of 2025.
Yes. Months of supply rose from 1.8 to 3.9 in August and homes took a median of 24.5 days to go under contract instead of 16. Sellers still received 98.2% of list, so well-priced homes are still selling close to asking.
Most of the township, including Cumberland, is served by MSD of Warren Township. Indianapolis Public Schools covers parts of it, including Irvington. Confirm the assignment for the specific address.
MSD Warren's operating referendum passed in May 2023 at up to 30 cents per $100 of assessed value for eight years. I found no MSD Warren question on the November 2026 ballot. IPS addresses will vote on the Indianapolis Public Education Corporation's operating referendum, up to 37.2 cents per $100 for up to four years.
Under House Bill 1131, Cumberland becomes an excluded city on January 1, 2027 and takes over code enforcement, zoning and permits on the Marion County side. The town says the change will not affect residents' tax rate.
Yes, in the south end: Davis Homes' Ridgefield from $244,490 and Taylor Morrison's The Reserve paired homes, from $257,000 on Taylor Morrison's site, both checked September 27, 2026. See the Marion County new home builds page.
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.
Fishers-based. Honest numbers, every part of the metro. Committed to your success.
With supply at 3.9 months, you have more choice than a year ago, and the well-priced homes still go first. Set up a saved search and you'll get new listings the day they come on the market.
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