The History of Indianapolis

While the state of Indiana was admitted into the union in 1816, Indianapolis was not platted until 1821 and wasn't officially incorporated until 1832 with a population of 1,000 people. Alexander Ralston and Elias Pym Fordham designed the original pattern for the city in a grid style branching out from Governor's Circle, now known as Monument Circle. You can still see evidence of the 1800s design downtown. 

One of the biggest reasons Indianapolis was chosen as the capital city was because many thought the White River would serve as a major transportation artery. It didn't take long for early settlers to realize that it was difficult to maneuver and too shallow for steamboats. Luckily, the city had much more success with the building of roads and rail lines which would later lead to one of its nick names, "The Crossroads of America."

Indianapolis was booming by the 19th century with a massive jump in the population from 8,000 to 169,000 in just 50 years! Not only did the population grow but so did the educational system, industrialization, and social awareness. The 1880s and 1890s are considered Indy's golden years. 

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Fun Fact: The name "Indiana" means "Land of the Indians" and "Polis" is the Greek word for "city", so they put the two together to create the name "Indianapolis."

Today, Indianapolis continues to grow. It is quickly becoming a major metropolitan area and cities like Carmel and Fishers are continually ranked in the best places to live in the U.S. 

Due to it's relatively low cost of living, numerous companies are choosing to locate offices and headquarters here making it a prime location for rental property investing. 


Weather

Unfortunately, Indianapolis' weather is about as easy to predict as a wild bull. Our summers can reach into the high 90s while our winters can dip into sub zero temperatures. You could be in shorts and a tee-shirt one day and a hoodie and sweat pants the next, it really keeps you on your toes! 


Attractions and Entertainment
Sports

When it comes to sporting events, Indianapolis takes the cake. The Circle City is home to the Colts, the Pacers, the Indians (AAA affiliate of thePittsburgh Pirates), the Indy Fuel (Minor League affiliate of the Chicago Blackhawks), and the world famous Indianapolis Motor Speedway which hosts the Indy 500. There's never a shortage of teams to hoot and holler for. 

indianapolis-motor-speedway-1848561_1920.jpgFun fact: The Indianapolis Motor Speedway is the largest sports facility in the WORLD. It can hold more than 600,000 people!

If sports aren't your thing, don't worry, there's plenty of other options. 

 

 



Restaurants

Tempt your taste buds with cuisine from all over the world. Greek, Thai, Indian, Italian, Brazilian, Mexican, the list goes on and on. Indianapolis has enough restaurants to last a lifetime and enough variety to ensure you're never bored. 

Some recommendations:

  • St. Elmo Steakhouse
  • Bru Burger
  • Bazbeaux Pizza
  • Santorini Greek Kitchen
  • La Margarita


Nature

Feeling outdoorsy? There's plenty to fill your adventurous side as well. central-2550725_1920.jpg

Check out Eagle Creek Park and its miles of hiking trails, try your hand at paddle boarding, or take a kayak out to go fishing in the beautiful reservoir.

The Canal is also an excellent option if you want to get some fresh air and enjoy some beautiful scenery. Walk along the promenade, ride bicycles, or rent a paddle boat and float your way through the city. Stop along the way and grab lunch or visit one of the unique museums on the route. 

Fun fact: Eagle Creek is one of the largest municipal parks in the U.S.



Live Music

If you're in the mood fro some tunes, you will have no trouble finding live music somewhere in the city. If you want to jive to some blues, head on over to Indy's oldest, established bar, The Slippery Noodle.

For the warmer months, there are multiple outdoor amphitheaters with fantastic line ups ready to give you a unique listening experience. For any other day of the year, you can see shows at Lucas Oil Stadium, Bankers Life Fieldhouse, and more!


 

Universities

Indianapolis is home to some of the finest educational institutions in the country. 

Most notably:

  • Indianapolis University
  • University of Indianapolis
  • Butler University

 

Indianapolis Fun Factsindianapolis-1872528_1920.jpg

  • Indianapolis is the 12th largest city in the U.S. with a population of 864,771

  • Elvis Presley's last concert was in Indy, three months before his death

  • Indiana is the top popcorn producing state in the country

  • Indianapolis native Albert Von Tilzer penned "Take Me Out to the Ball Game"

  • Wonder Bread of Indianapolis became the first major company to commercialize and distribute sliced bread

  • Sitting at a whopping 33, Indianapolis is second only to Washington D.C. for its number of war memorials and monuments

 

 

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Interested in investing here?

We have over 125 years of combined experience in the Central Indiana market. We can help you with the entire process from purchasing, to management, to selling. 

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