Park Meadow, Beech Grove, IN
Park Meadow — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Park Meadow, Beech Grove, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Park Meadow Neighborhood Overview
Park Meadow is a residential neighborhood located in the city of Beech Grove, Indiana. It offers residents a quiet, suburban atmosphere within the larger Indianapolis metropolitan area. The community is characterized by its affordable housing and convenient access to urban amenities.
Lifestyle & Amenities
Residents enjoy a family-friendly environment with local parks and community spaces. The neighborhood's location provides easy access to shopping, dining, and services in Beech Grove and nearby Indianapolis. This balance offers a peaceful home base with city conveniences just a short drive away.
Real Estate Market
The Park Meadow real estate market is notably affordable, with a median home value of $142,800. Homes sell at a median price per square foot of $110.44 and typically spend an average of 44 days on the market, indicating steady demand. The homeownership rate is 64%, reflecting a stable community of owners and renters.
Schools & Education
Park Meadow is served by the Beech Grove City Schools district. Families in the neighborhood have access to the local public school system from elementary through high school. The district is a point of community focus for many residents.
Transportation & Connectivity
The neighborhood benefits from its proximity to major thoroughfares, facilitating commutes to downtown Indianapolis and surrounding areas. Public transportation options are available, connecting residents to the wider region. This connectivity is a key advantage for those working or seeking entertainment outside Beech Grove.
Why Choose Park Meadow
Park Meadow is an ideal choice for homebuyers seeking an affordable, stable community near a major city. With a median household income of $59,011 and median rent of $984, it provides a cost-effective lifestyle. It perfectly suits those who want suburban tranquility without sacrificing access to the employment and cultural opportunities of Indianapolis.
Park Meadow Market Data
| Metric | Value |
|---|---|
| Median Home Price | $143K |
| Median Gross Rent | $984/mo |
| Median Household Income | $59K |
| Homeownership Rate | 63.6% |
| Renter-Occupied | 36.4% |
| Rental Vacancy Rate | 3.7% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46107 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Park Meadow, Beech Grove
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Park Meadow, Beech Grove, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15