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Indianapolis Townhome & Condo Communities

Things to Do in Indianapolis

Indianapolis is a beautiful and welcoming city.  This capital is the largest city in Indianapolis and as such provides quite an array of entertainment, amenities and attractions.  Choose the townhome lifestyle here to enjoy all Indianapolis has to offer.  Lead an active lifestyle when you bike or walk the Indianapolis Cultural Trail. 

This trail traverses across six different cultural districts. The downtown area is hopping with several things to do including viewing Monument Circle and all the specialty shops in this area.  Nearby Massachusetts Avenue has additional shopping and art.  Indianapolis is the proud home of the world’s largest children’s museum.  It’s also on the map as the home of the world-famous Indianapolis 500 motor race. 

The Indianapolis Zoo is more than a zoo with its botanical garden and aquarium.  Newfields is home to the Indianapolis Museum of Art where you can easily spend the day enjoying the art and historic mansion.  As the state capital Indianapolis is strong in its history.  It’s one of the few states that has all three branches of government operating out of its capitol building.  Tour it to learn more about the state and see the beautiful stained glass rotunda.

Benefits of Condo and Townhome Living

Condo and townhome living give home shoppers all the benefits of homeownership at a fraction of the cost of a traditional single family home. Brand new multi-family housing developments let you invest in a quality home that you can personalize and customize to your lifestyle and personal style.

Your new condo or townhome has a comfortable floorplan that gives you the perfect amount of floor space for all your furniture and favorite collections. You won’t have to purge all your belongings the way you would for a tiny house, but don’t have wasted formal dining rooms and umpteen guest bedrooms. Modern condo and townhome layouts reflect the latest trends in home design, and often feature spacious bedrooms, open concepts, and lots of natural light.

On top of fantastic homes, condo and townhome communities offer their residents fabulous amenities and unbeatable locations in exciting urban hubs. If you want to own a new home and maintain an exciting lifestyle, you can’t go wrong investing in a condo or townhome.

Who Should Live in a Condo or Townhome?

Condos and townhomes are great home types for people in every stage of life. Young professionals can build equity in a tangible asset and invest in a beautiful new home at a starter home price, while still living in the cities they love. Families can get out of an apartment and live in a spacious house that meets their unique needs. Retirees can comfortably downsize into a fantastic home in hip parts of town.

Top Condo and Townhome Builders in Indianapolis

Drees, Lennar, MIHomes, Pulte and Shoopman Homes have a proven track record in producing exceptional townhouses.  Let one of these trusted builders get you settled in a townhouse perfect for your needs in Indianapolis.  Prefer to play and explore your city?  A townhouse frees you up from timely upkeep to do just that!  With a variety of floor plans and finishes you’re sure to find the ideal home.  Get started on your search today to begin your relaxed and fun life in beautiful Indianapolis.

Indianapolis has 14 new condo and townhome developments, starting at just $162,900. Find your dream home today with NewHomeSource.

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            14 Communities

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            116 Towns by Lennar

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            116 Towns by Lennar in Indianapolis Indiana
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            Lennar in Fishers, IN

            From $339,995 - $369,995

            8216 East 116th Street
            Fishers, IN 46038

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            3 homes match your search

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            The Bakery by Lennar

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            The Bakery by Lennar in Indianapolis Indiana
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            Lennar in Indianapolis, IN

            From $359,995 - $432,995

            1523 Bellefontaine Street
            Indianapolis, IN 46202

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            11 homes match your search

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            Springmill Towns by Lennar

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            Springmill Towns by Lennar in Indianapolis Indiana
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            Lennar in Westfield, IN

            From $244,995 - $265,990

            280 Tricia Lane
            Westfield, IN 46074

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            9 homes match your search

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            Tamarack by M/I Homes

            Tamarack by M/I Homes in Indianapolis Indiana

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            M/I Homes in Cicero, IN

            From $195,990 - $322,090

            26 Verdant Drive
            Cicero, IN 46034

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            8 homes match your search

            Retreat on the Monon by Pulte Homes

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            Retreat on the Monon by Pulte Homes in Indianapolis Indiana

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            Pulte Homes in Westfield, IN

            From $274,000 - $305,470

            1240 Chapman Drive
            Westfield, IN 46074

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            7 homes match your search

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            Pebble Brook Villas by Lennar

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            Pebble Brook Villas by Lennar in Indianapolis Indiana
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            Lennar in Noblesville, IN

            From $279,590 - $329,170

            4830 East Amesbury Place
            Noblesville, IN 46062

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            12 homes match your search

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            The Hideaway by Drees Homes

            The Hideaway by Drees Homes in Indianapolis Indiana

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            Drees Homes in Brownsburg, IN

            From $204,600 - $234,990

            1493 Hideaway Circle
            Brownsburg, IN 46112

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            4 homes match your search

            Legacy - Prairie at Legacy by Lennar

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            Legacy - Prairie at Legacy by Lennar in Indianapolis Indiana
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            Lennar in Carmel, IN

            From $243,995 - $289,970

            14239 Frostburg Road
            Carmel, IN 46033

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            9 homes match your search

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            58/Bahr at Central State by M/I Homes

            58/Bahr at Central State by M/I Homes in Indianapolis Indiana

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            M/I Homes in Indianapolis, IN

            From $223,990 - $268,030

            2953 Kirkbride Way
            Indianapolis, IN 46222

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            3 homes match your search

            Suffolk at Oak Manor by Lennar

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            Suffolk at Oak Manor by Lennar in Indianapolis Indiana
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            Lennar in Westfield, IN

            From $234,995 - $282,180

            17221 Dallington Street
            Westfield, IN 46074

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            6 homes match your search

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            Top New Home Cities in Indianapolis

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            CityCommunitiesAverage New Home Price
            Westfield35$337,236
            Noblesville29$338,624
            Fishers28$384,665
            Indianapolis28$260,983
            Carmel17$504,454
            Greenwood12$271,887
            Brownsburg11$242,438
            Avon11$271,501
            Zionsville10$474,541
            Greenfield8$229,196
            Plainfield8$267,645
            Bargersville7$339,216

            New Homes in Indianapolis by Region

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            RegionCommunitiesAverage New Home Price
            Central Indianapolis 24$350,000
            East Indianapolis 38$235,000
            North Indianapolis 104$392,000
            Northeast Indianapolis 49$355,000
            Northwest Indianapolis 33$346,000
            South Indianapolis 33$272,000
            Southeast Indianapolis 33$248,000
            Southwest Indianapolis 15$244,000
            West Indianapolis 25$274,000
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