Hot Neighborhoods in Indy

[Brett Snodgrass]

I am an investor here in Indianapolis and have a few out of state investors asking me about neighborhoods in Indianapolis.  I can give them input on some of the properties that we have, but I want to make sure I am being honest with them about all of Indy.  What are some neighborhoods that you guys are having some success in and maybe some neighborhoods that you see would be good for out of state investors?

[Mark Radford]

In the hot areas public schools aren't attractive to families. Leaving only a renter/buyer pool of singles/childless couples. When these folks get married/have kids they're fleeing to the 'burbs'. Problem is, the next wave of renters/owners are priced out based on Indy wages. Property is now stuck. And competing with all the new apartment buildings. More amenities are needed in some of these areas besides breweries, restaurants, etc. Family oriented retail and better schools is what I'm hearing...to make people hang around longer. Guess it's similar in alot of places. Anyone want to share thoughts on the Red Line and College Ave. corridor?