Median home value in zip code 46228 (Indianapolis, IN) is $264,423, up 0.5% year over year. Part of the Indianapolis-Carmel-Anderson, IN metropolitan area.

Home Value$264,423

YoY Change

+0.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 46228 (Indianapolis).

Income (annual)

Down Payment

$52,885 on $264,423

Example: $75,000 household income. Change it above to see your own.

Affordable27.1% of income

Under the 28% guideline.

PITI$1,693

P/I27.1%

Afford$273K

Room+$9K

P&I $1,337Tax $223Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

46228 is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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