Im not an Indy expert but I do have 3 rentals there. I have one in Irvington and one in Bates Hendricks. The other one is in Lawrence.
I like my BH one best because its closer to downtown and I feel like that area has more potential for appreciation growth then Irvington. I would go BH!
I don't know Irving ton but people think Bates Hendrick will be the next Fountain Square an area that saw some really good appreciation if you look at pricing over the past 6 months or so.
It all depends. You can't make generalizations about any areas in Indianapolis since it can vary street to street. Irvington has areas with homes selling for over $299K and other areas selling for $40K. You'll find the same thing in Bates Hendricks. Some areas have homes selling for over $100K and others for $30K. Both can be good areas.
@Travis Washington which one did you pick? How did it go?
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