Most Expensive Homes for Sale in Indianapolis, IN Right Now
Last updated: January 2, 2026
Homes for sale in Indianapolis have a median list price of $255K, but luxury homes can be listed for much more. Here are the ten most expensive homes for sale in Indianapolis right now.
About this home
This exquisite, one-of-a-kind custom home in the prestigious gated Alverna neighborhood was designed by noted architect J. Landfair Welty and built by accomplished custom home builder RJ Klein in 1996. The home exudes characteristics of Mediterranean Revival architecture, featuring stucco walls, a red tile roof, intricate carvings, and arched windows and doorways. Built on perhaps the most private lot in Alverna on 4.6 wooded acres, the property offers a luxury escape, only minutes from shopping, dining and top-rated schools. Custom landscaping compliments the beautiful courtyard and features a hand carved limestone fountain, perfect for posh entertaining or peaceful relaxation - seamlessly blending indoor and outdoor living. The interior consists of 3 levels with 4 bedrooms, 4 full baths, 3 half baths and approx. 10,448 finished square feet. Upon entering, you are greeted by the stunning and expansive great room, which is over 1,600 square feet and boasts hand carved limestone throughout, including a magnificent limestone fireplace. Statement light fixtures, stained glass and thoughtful architectural details are in every room. Incredible setting for entertaining featuring a 1750 bottle wine cellar, butlers pantry and recreation/game room with wet bar. The primary bedroom suite boasts 18+ foot ceilings with an spa-like bathroom and spacious closet. Beautiful executive library with fireplace and private paneled office. Large kitchen and dining area with main floor laundry room and additional work/office area. This is truly a one-of-a-kind RJ Klein masterpiece in gated Alverna.
About this home
Exclusivity at its finest, this gated estate expands over 5.5 acres & is perfectly situated to capture breathtaking, panoramic views w/ 1250 ft of water frontage on Eagle Creek Reservoir. The lush oasis creates the feeling of a serene, private sanctuary featuring a koi pond that spans the back of the home, Gunite swimming pool & spa w/ cabana & tennis court w/ cabana. A spacious great room welcomes guests w/ expansive bay windows that brighten the room, which also features a vaulted ceiling w/ exposed wooden beams, built-in aquarium, fireplace & adjoining bar area with access to the backyard retreat. Cozy den embellished with wood-paneled walls, built-ins & marble fireplace. Gourmet kitchen boats upscale appliances and sunwashed breakfast area.
About this home
Perched high above the heart of downtown Indianapolis, Residence #11 at the iconic 1 N. Illinois Street inside the Conrad Indianapolis offers a level of sophistication, privacy, and luxury that is simply unrivaled. Encompassing over 5,000 square feet of exquisitely curated living space, this sky-high residence features nearly 360-degree panoramic views of the city's skyline. A stately 30-foot gallery-style entryway sets the tone for this extraordinary home, where refined craftsmanship and timeless design are found at every turn. The gourmet kitchen is a chef's dream, outfitted with top-tier appliances including Wolf double ovens and gas range, Sub-Zero integrated refrigeration, and Miele dishwasher, all seamlessly integrated into custom cabinetry and generous stone countertops. A large center island anchors the space, which flows effortlessly into a sunlit hearth room with gas fireplace - the perfect spot for relaxed mornings or quiet evenings. An adjacent butler's pantry provides discreet service access between the kitchen and the formal dining room, while two outdoor terraces, including one with a gas firepit, invite year-round al fresco enjoyment. The grand living room offers breathtaking vistas and abundant natural light, while a richly paneled library with bespoke built-ins and access to a private terrace provides a warm and contemplative retreat. The primary suite is a true sanctuary, featuring a generous bedroom with stunning views, dual walk-in closets, and a spa-like bath with garden tub, double vanities, and elegant finishes. Additional guest suites each offer private en-suite baths and ample closet space, ensuring comfort and privacy for all. Located within one of Indianapolis' most exclusive and secure residential communities - home to just 14 residences - this property includes two private parking spaces in a secured garage and access to a full suite of amenities; 24-hour security, full-time concierge, private entrance, spa, fitness center, and pool.
About this home
New Timberwood Custom Homes sits on 2 acres with mature trees 5 Bedrooms, Master Suite on main level with 2 walk-in closets and Sun Room off Master Suite. Master Bath with Walk-in Shower. Oversize 3 car garage with heater, Bonus Room over garage with half bath.
About this home
Residence 2101 at The Conrad Indianapolis offers 3 bedrooms, 3.5 baths, and over 5,200 square feet of sophisticated living space on the 21st floor of one of downtown's most recognizable buildings. Designed by Jonathan Hess and Brenner Design, this condo features contemporary design elements, seamless TRIPhase Technologies smart home integration and panoramic views of Monument Circle and the northern downtown skyline. The open plan, highlighted by a broad entry hall and a gourmet kitchen connecting the living room and dining room, functions well for large gatherings. The kitchen features Sub-Zero, Wolf and Viking appliances, granite counters, and a walk-in pantry. Two balconies provide separate outdoor living with broad skyline views. The primary suite offers dual vanities, jetted tub, walk-in dual-head shower, private water closet and a spacious walk-in closet. The second bedroom suite includes a private bath, while the third bedroom, currently configured as a private office, provides a separate entrance, built-in cabinetry, full bath, and an architectural partition wall for privacy. Separate media room, laundry room and guest bath. Additional amenities include a private residential entrance, dedicated concierge, two deeded parking spaces, high level security, as well as, full access to hotel amenities including hotel catering, spa, pool, fitness center, sauna, steam room and The Capital Grill and The Lounge. Indoor skywalk access connects to Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indiana Convention Center. Walking distance to Eiteljorg Museum, Victory Field, The Indianapolis Zoo and Everwise Amphitheater. Experience unmatched luxury living and elevated convenience in the heart of Indianapolis.
About this home
This is a once in a lifetime opportunity to purchase a beautiful "family compound" in the Old Northside within walking distance of downtown Indianapolis! Every stitch of the various homes have been updated to complete perfection while not compromising the integrity of the historical components. Main house features 7,500 sq ft with four possible primary suites and the main primary retreat enveloping the third floor with two possible bedrooms, two baths, two amazing master closets, AND a kitchenette! Walk through the park-like setting to reach the 2,100 sq ft carriage house with two bedrooms, 2 1/2 baths, and a beautiful kitchen and sitting area. Both homes have elevators to allow for all age groups to live comfortably. Above the four car garage features a beautiful apartment to be used for family, friends, or a perfect rental. The possibilities are endless! Schedule a private tour today!
About this home
Perfectly preserved historic estate remains while offering every modern luxury. The grand hall family room is nothing short of breathtaking, featuring soaring ceilings, original woodwork and an elegant Beauty-and-the-Beast style gas-log fireplace. Enjoy two sunrooms & offices, one on each level, four ensuite bedrooms, two half baths on the main floor, and two laundry rooms. Slate roof. 5th suite in carriage house. Marble-lined kitchen is an entertainer's dream, accessible through a stunning working pantry and appointed w/ luxury appliances including 3 dishwashers, 2 stoves, and paneled Sub-Zero refrigerator. Brand-new main-floor laundry room features a private back staircase connecting directly to the primary suite. Primary suite feels like a private retreat with its own gas-log fireplace and mantel, second office and sunroom, and an expansive spa bath w/ soaking tub, dry bar w/ fridge, oversized walk-in shower, separate toilet room with additional sink and bidet. SECRET TUNNEL from basement that leads to the recreational space w/ separate professional entrance for 6car garage, wood shop, pickleball court, studio or all of the above. Rec space measures 62' x 40' and includes a full kitchen. Additional 22' x 20' two-car driveway facing garage brings total capacity to 8 cars and includes a guest ensuite w/ balcony (5th suite). Will house many business types. Seize rare opportunity to own the storied Huesmann Estate in federally preserved Historic Meridian Park district. A landmark property combining heritage architecture with exceptional modern comfort.
About this home
Welcome to this custom property set back on a 300-foot driveway with striking 8' double Andean walnut doors. Inside, solid hickory hardwood floors create a warm foundation. To the right, a dining room with a fireplace offers a cozy gathering space. The open kitchen features quartz countertops, custom cabinetry with pull-out drawers, and stainless steel appliances, flowing seamlessly into the living room. Oversized windows overlook the 16x36 heated saltwater pool, designed for both relaxation and entertaining. The finished basement includes a projector setup, bar, bedroom, workout room, and a full custom bathroom. The master suite offers walk-in closets, a spa-inspired bath with dual shower controls and multiple heads, and elegant cabinetry. Three electric fireplaces throughout the home add comfort and character, while additional details include quartz in the laundry room and a Jack & Jill bathroom. Set on 5 acres a little over a mile from I-65, the property also includes a 24x36 pole barn. With space, privacy, and easy interstate access, it offers exceptional residential living. Additionally, given its location and acreage, the property may present future potential for commercial use, subject to appropriate zoning approvals and buyer due diligence.
About this home
Experience the pinnacle of Modern Elegance with this luxury 3 Bedroom/3.5 Bath Penthouse Condo in the Heart of Mass Ave! Featuring extraordinary 180 degree views of the Downtown Indy Skyline from it's 1300 sq ft terrace. This rare residence offers floor to ceiling windows of doors that flood the space with natural light, connecting indoor & outdoor living. Discover over 4,300 sq ft of artfully designed luxury living with 3 Bedrooms and 3.5 Baths. Crafted with exquisite detailing throughout. Spacious Chef's Kitchen features twin marble islands, meticulously designed cabinetry, high end Wolf, Miele & Sub Zero Appliances, twin dishwashers & even an Nespresso machine, all alongside a spacious Butler's Pantry. State of the Art amenities include media room with Epsm projector & Stewart drop down screen. Spacious Great Room, Dining Area & Media Room with unparallel views of the skyline. Primary Suite offers an intimate retreat with private balcony, spa inspired walk-in shower & water cube area & designer dressing areas with luxury built-ins. Secondary bedrooms and baths continue the theme of luxury & sophistication. Convenience is abundant with private access to the rooftop gardens & patio, 4 parking spots in the garage and 3 storage areas. Just steps to the shopping, restaurants and evens along Mass Ave!
About this home
Discover timeless charm and modern convenience in this stunning custom-designed home by Gary Nance. Set on over 1.5 wooded acres, this approximately 11,000-square-foot residence offers the perfect balance of colonial elegance and natural beauty. As you travel down the private drive, you'll arrive at Hidden Point, a home thoughtfully designed for both comfort and style. If you enjoy entertaining, there isn't a better home for you! With a seamless flow between indoor and outdoor spaces, this property is ideal for hosting gatherings of any size. The in-ground pool, complete with a charming pool house, creates a perfect backdrop for summer celebrations, while the expansive recreation spaces and two bars inside ensure year-round enjoyment. This spacious estate features five bedrooms, a five-car garage (with room for your boat), and plenty of room for hosting family and friends. The interior boasts details that impress, including inlaid hardwood floors, soaring 20-foot ceilings, and custom built-ins throughout. The home is designed for everyday convenience with a formal den, two home offices, a breakfast area, a formal dining room, and spaces for every passion-a dedicated arts and crafts room, a sophisticated wine cellar, and ample storage in the butler's pantry and large laundry room. Situated near Geist Reservoir and the I-69 corridor, this property offers easy access to award-winning schools and all the amenities of Indianapolis. The listing includes allowances for updated appliances and audio/visual enhancements, allowing the buyer to personalize the home to their taste after closing. Welcome to Hidden Point-your retreat from the city, perfectly positioned close to it all, and the ultimate entertainer's dream.
About us
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.