Indianapolis - College to Keystone, Arsenal Park to State Fairgrounds

Hi everyone!

I'm looking around Indianapolis trying to find neighborhoods that I'd like to focus on. I like the south Broad Ripple area, but there isn't anything meeting my criteria at the moment. I've started looking a bit further south and am curious what others think of the area just north of the fairgrounds. 

I haven't driven this area yet and I don't believe it is technically considered part of SoBro, but it seems that it could be in the near future. Does anyone work in this area currently? Would you consider it a good place for someone buying their first rental? Or should I stay north of 46th?

Thanks for any insight!

Kat