Where to Invest in Indianapolis: Fishers

Dec 22, 2019 10:00:00 AM

Fishers is a suburb just northeast of Indianapolis in Hamilton County. 

Originally settled by William Conner in 1802, Fishers only just transitioned from a town to a city in 2015 and has experienced rapid population growth decade to decade. Fishers Outline

In 2017, Fishers was named Money Magazines #1 place to live in the United States. 

As of 2017, the population was estimated to be around 91,832. 

According to City Data, the median household income as of 2017 was $113,560 with a median age of 35.3 and females making up a slight majority (52.1%) of the population. 

According to MLS data, the median home value for the last year was $276,313 and the median rent rate was $1,565.

Fishers Report

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Fishers, Indiana Zip Codes

  • 46037
  • 46038
  • 46040
  • 46055
  • 46060
  • 46250
  • 46256

Fishers, Indiana Neighborhoods

  • Summerfield
  • Tremont
  • Haig Point
  • Walnut Creek
  • Delaware Pointe
  • Winding Creek
  • Heritage Meadows
  • Sunblest

Examples of Homes T&H Manages in Fishers, Indiana

This 4 bed/2.5 bath home that we currently manage is in the Sunblest neighborhood and is currently leased for $1425/month.

colbarn

 

This 3 bed/2.5 bath home near the Sunblest and Winding Creek neighborhoods is currently leased for $1435/month.

Trester

Fishers, Indiana School System Rating

According to Niche, the Hamilton Southeastern school district in Fishers is rated an overall A+.

Category breakdowns are as follows: 

  • Academics: A+
  • Teachers: A+
  • Clubs and Activities: A+
  • Diversity: B
  • College Prep: A+
  • Health and Safety: A

There are approximately 21,545 students in this district with a student-teacher ratio of 19:1.

It's been ranked the 4th best school district for athletes in the state, 4th best school district overall, and 13th for best teachers. 

Fishers, Indiana Crime Rates

As you have probably guessed, the crime rates in Fishers are extremely low. 

Best Places ranks violent crime a 7.6 out of 100 and property crime a 17.8 out of 100.

Conclusion

Fishers, Indiana is a fantastic Indianapolis suburb. 

With the fantastic school district, incredibly low crime rates, and high quality tenant pool, it's an extremely desirable location to own real estate. 

However, as you can see from the median home value, it's a very pricey market to penetrate. 

This area is a long term appreciation play, with very little chance of any real cash flow. 

In areas like Fishers, we tend to see owner occupants who are moving out and don't want to sell the property for whatever reason, so they turn it into a rental. 

 

Click here for more info on where  to invest in Indianapolis!

Devon L. Hicks

Written by Devon L. Hicks

As well as being a licensed Realtor, Devon has her Bachelors in Marketing from Missouri State University and utilizes her skills in a variety of ways to educate and advise real estate investors in the Central Indiana region.