Homecroft, Indianapolis Homes for Sale
In the early 20th century, thanks to the automobile and reliable public transportation, Indianapolis residents started moving further and further from the city center. One popular place to settle was Homecroft, just a few miles south of downtown along the Madison Avenue interurban rail line. Today, the area retains the historic charm of a small satellite town. Homecroft is bordered by Banta and Southport Roads on the north and south and Orinoco and Madison Avenues on the east and west. Little Buck Creek runs through the southern part of the neighborhood.
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Amazing value-add potential in this trailer park located near the University of Indianapolis! This trailer park is situated on 2 acres with 18 units total. There are...
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The Frank E. Gates Real Estate Company purchased the land in 1923 and named it Homecroft, in the hopes of drawing in residents who wished to build their own homes. The company offered architectural designs to lot buyers (though they were free to design their own homes as well), resulting in a homogenous neighborhood style: most homes have one or one-and-a-half stories, a brick or stone veneer, and elements of Tudor Revival or Colonial Revival styles. When the Works Progress Administration built sidewalks in the neighborhood in the 1930s, Gates began planting the many maple trees that still shade the area. The Works Progress Administration (WPA) also installed a storm sewer that made the otherwise swampy land more feasibly inhabitable.
To this day, the area still benefits from Gates's exclusively residential community planning. While some additional bungalow and ranch homes were built through the 1950s, Homecroft has seen little to no new construction since then. There are few corporate chains or strip malls in the area. Today's residents, in many ways, are no different from the original 1920s lot buyers: middle-class families who want to own their own modest but well-built homes.
Homecroft is close to Southport High School and, of course, Homecroft Elementary.