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Keepin’ it real estate 🏡

Aerial image of dowtown during sunset
Spoiler alert: if you’re interested in buying a home, don’t wait around. | Photo via @aaron.creates
There aren’t enough flame emojis on the internet to describe the Indy housing market. In November, the median home in Marion County sold for $231,945, a 13.1% jump from November 2021. Yowza. 🔥

Prices show few signs of cooling off, as Indianapolis was included in a list of cities that could see the sharpest increases in 2023. But for those hoping to dip their toes in the home buying waters soon, it helps to know what trends to expect. Put on your floaties, and let’s hear what the local experts predict.

Look out for smaller neighborhoods

While the real estate market in Indy erupted in 2022, landing the Indianapolis-Carmel-Anderson metro area No. 4 on Realtor.com’s list of “Top 10 Housing Markets Positioned for Growth in 2022,” it’s unclear whether that will remain the case in the coming year. If HGTV shows are any indication of growth, home buying in the Bates-Hendricks and Kennedy-King neighborhoods could increase, thanks to the ladies behind “Good Bones” and Mike Epps, who is expected to get his own show soon.

Don’t give up on Indy

Deb Kent, president of Gallery of Homes Real Estate, said an undervalued and possibly great place for home buyers to explore is the east side, especially in 46219. “Whether you love mid-century modern ranches or vintage Craftsman, the east side has among the most affordable homes in the metro Indy area,” Deb said.

If you’re looking for a small-town vibe and a walkable area, Irvington is a great option, according to Deb. Warren Park and Community Heights also have quieter streets and plenty of mid-century modern ranches, where you can get “more house for the money” and lower property taxes.
MORE HOT REAL ESTATE TIPS
Give us your predictions: Over the next six months, the real estate market here will…

A. Heat up even more
B. Level off and stay about the same
C. Start to cool off a bit
D. I have no earthly idea
IN THE FUTURE I SEE...

Click here to have your event featured.

Tuesday, Dec. 20
  • A Christmas Carol | Tuesday, Dec. 20-Saturday, Dec. 24 | 7:30 p.m. | Indiana Repertory Theatre, 140 W. Washington St., Indianapolis | $28-$79 | Celebrate the power of kindness, family, and love in this classic tale set in the dark of winter.
Friday, Dec. 23
  • Indy Fuel vs. Cincinnati Cyclones | Friday, Dec. 23 | 7 p.m. | Indiana Farmers Coliseum, 1202 E. 38th St., Indianapolis | $10 | It’s Festivus and Wintertainment night at the Coliseum — meet Santa and a reindeer.
  • Solstice Triple Gong Night with Diane Hancock | Friday, Dec. 23 | 7:30-9 p.m. | CITYOGA School of Yoga and Health, 2442 Central Ave., Indianapolis | $35 | Bring a sleeping bag to this gong meditation and leave feeling light and energized.
Saturday, Dec. 24
  • Christmas Eve at the Melting Pot | Saturday, Dec. 24 | 12-8 p.m. | The Melting Pot, 5650 E. 86th St., Indianapolis | $25-$68 | Let the elves do the cooking with preset holiday menu including cranberry bacon and lobster bisque cheese fondue.
Friday, Dec. 30
  • Shrek Rave | Friday, Dec. 30 | 9 p.m. | The Vogue Theatre, 6259 N College Ave, Indianapolis | $22 | The 21+ event describes itself as this: “It’s dumb, just come have fun. Who cares. Cool is dead.”

We have a calendar filled with events and activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.

100+ MORE EVENTS

Weather
  • 41º | Partly cloudy | 2% chance of rain
  • Will Indy have a White Christmas this year? According to local forecasters, it remains to be seen — but it is expected to be bitterly cold. Accumulating snow could be seen on Thursday or Friday and due to temperatures in the single digits (possibly even below zero), it could stick around this weekend. ❄️ (IndyStar)
Development
  • Approximately 45 units of affordable apartments are now planned for East 38th Street, thanks to a group of faith leaders and businessmen in the neighborhood. An effort to secure $100,000 from the Indianapolis Urban League is underway and construction is expected to begin in the spring. 🏘️ (WISH)
Announced
  • One word: “basketball.” That’s the theme for next year’s state fair, which was announced yesterday. Its title partner will be Pacers Sports & Entertainment and the duo will incorporate several interactive experiences, like an All-Star Court amusement park + player meet-and-greets. Learn more. 🏀 (IndyStar)
History
  • Attention, IU grads: there’s an auction underway for a little piece of Hoosier history. The highest bid for a section of an Assembly Hall sideline scorer table is over $1,500 and a total of five sections are being sold individually. Bidding ends on Thursday, Jan. 5. (WISH)
State
  • Digital drivers licenses are in Indiana’s future. Legislation legalizing the tech transition was passed three years ago and in addition to convenience, a digital license would also give drivers the ability to hide personal info like birth dates + addresses. The timetable for rolling out this new system is still TBD. 🚗 (IBJ)
Feel Good
  • Almost 5,400 stuffed animals were collected at a toy drive hosted by WRTV + Indy Fuel on Saturday. During the game, fans were encouraged to toss their stuffed animals into the air when Indy Fuel scored their first goal. If you missed your chance to donate, there’s still time. 🧸 (WRTV)
Seasonal
  • From “Top Chef” fans to dining connoisseurs, Huse Culinary has something for every foodie on the list. Give the gift of great taste with these unique sauces, seasonings, and dining destinations. Check out the gift guide.*
Learn
  • You know how to order coffee at Coat Check Coffee. But can you order coffee in Italian? Babbel can help INDYtoday readers learn how to order coffee (and other beverages) in Italian, so they’ll be ready for their next trip to Italy. Want to try it out? For a limited time, snag 55% off your subscription. ☕ *
Travel
  • You haven’t seen turquoise until you’ve seen this Turks and Caicos oceanfront pool. Top it off with walks on the beach, horseback riding, locally-caught seafood, and a five-star review for the property, and you’ve got yourself a dream Vrbo vacation. 🐬*

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Culture

Kid-tested, kid-approved

Boy testing a toy race track
Education is at the forefront of the top five toys listed below. | Screenshot via the Children’s Museum of Indianapolis
The Children’s Museum invited Hoosier kids to test out a number of new toys for 2022, and the children have spoken.

Here are the top five to add to your shopping list:

🏎️ Micro Slot Racing Set
The STEM-building toy encourages children to hone in on the cars’ speed and make predictions.

🦖 Roboraptor
Got a dino-lover in your life? The remote control is a great tool for teaching kids about tech.

👹 Giant Pancake Monster Game
A jack-in-the-box for the modern age, this toy has the potential to “swallow an arm.”

🖼️ Magnet Picture MagPad
Help your kiddo develop their fine motor skills and dexterity.

👅 Tongues Out!
Children can work on their memory, counting, and social skills with this game.

You can see which games were runners-up on the Children’s Museum’s website.
THE WRAP

Today’s issue was written by Anna.

Editor’s pick: I don’t know about you, but I’ve been seeing quite a few cars decked out in twinkly lights this year. Aside from the infamous Grinchmobile, I’ve noticed some cars around Irvington and Mass Ave. that are absolutely lit. If you notice a vibrant vehicle during your commute around the city, tag us in those photos (@theindytoday) for a chance to be featured on our social media.

Missed yesterday’s newsletter? See the best holiday lights in Indy.
Connect with us.

Editorial: Anna Bowman, Nicole Hernandez, Sarah Leonhardt, Josh Kranzberg, Emily Shea | Send us a scoop, question, or feedback.

Sales: Nicole Fancher | Advertise with us.

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