Most Expensive Homes for Sale in Indianapolis, IN Right Now
Last updated: July 14, 2025
Homes for sale in Indianapolis have a median list price of $265K, 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
Situated in the heart of Williams Creek along prestigious North Pennsylvania Street, this exquisite Tudor Revival estate spans a breathtaking 1.71 acres. A picturesque approach - crossing a gently flowing creek - sets the tone for the experience that awaits. Thoughtfully envisioned by RWA Architects and Julie O'Brien Design and masterfully crafted by renowned builder Leonard Watson, every inch of this home speaks to timeless craftsmanship and intentional design. Upon entry, the spiral staircase sets an elegant tone, while rich architectural details - from leaded glass windows to intricate millwork and hand-laid hardwood inlays - create a sense of warmth and authenticity. The soaring two-story great room, featuring coffered ceilings and clerestory windows, offers a grand yet welcoming space meant for unforgettable gatherings. Designed with seamless indoor-outdoor living in mind, the great room opens to both a spacious screened-in porch with a skylight and a beautifully appointed patio, complete with a cozy outdoor fireplace - perfect for quiet evenings with family and friends. The main level primary suite serves as a secluded retreat, offering peaceful views of the meticulously manicured grounds. Upstairs, each secondary bedroom boasts its own private en-suite bath and distinctive charm. A versatile playroom caters to all ages, featuring a basketball court and dedicated arts and crafts space. The finished lower level provides additional room for entertainment, whether it's a game of pool or a cozy movie night. Additional highlights include a four-car garage with extra storage, main and second-floor offices, dual laundry rooms, a whole-home generator, a durable slate roof, and so much more. This exceptional home offers a rare opportunity to own one of Williams Creek's finest estates.
About this home
You are a rockstar. At least you will feel like one living in this stylish and sexy one of a kind condo. A professional design team selected finishes and features that stimulate and impress. Lighting and automated window treatments create a variety of moods with a click. The kitchen makes entertaining for any social occasion of any caliber an absolute breeze! The formal dining space is one of a kind, and provides sweeping views of our Monument Circle and skyline. Step onto either balcony, and you will feel a true sense of superiority(truly surreal!) Don't miss the hidden movie theater that has been expertly executed to provide a captivating cinematic experience. Captains of industry take note: a portion of the unit can be divided with a moving wall separating work from play (you need to see it to believe it)! If you need pampered The Conrad Hotel services (concierge, spa, pool and room service) are available to the few and fortunate that call #1 Illinois home. In the middle of it all -- Indianapolis dining, professional sports and pulsing nightlife coexist in the heart of Circle City, and are right outside of your front door! There is not another condo building in the state that compares to The Conrad, take action now!
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
MAGNIFICENT MAIN BODY GEIST WATERFRONT VIEWS! As you pull up to this 11,000+ sq ft estate you will see quality & charm, but when you enter the home, you will feel it! Offering up to 7 bedrooms, 7.5 baths, 3 laundry rooms (1 on each level), 3 fireplaces, main level owners suite, walkout basement, POTENTIAL FOR A 3 STORY ELEVATOR, Boat Dock w/ space for 3 vessels & 105' of Lake Frontage! The floor plan is nothing short of perfection, offering multiple entertaining areas & WATER VIEWS FROM 110 WINDOWS!! Guests are greeted by a soaring 2 sty entryway, a large & elegant dining rm w/ wet bar, spectacular great rm w/ 20' ceiling, wall of windows & gas fireplace, hearth rm w/ custom built-ins, gas fireplace & open to a fully equipped gourmet kitchen w/ 12' island, high-end appliances, WI pantry, breakfast rm & access to both a Trex deck & 16x14' sun rm! The main level also offers a large office (or bedroom) w/ wood paneling & potential direct access to a full bath! A spacious main level owners suite features breathtaking water views from the large bay window, 18x13' WI closet w/ 12 drawer built-in dresser & luxurious spa bath w/ dual vanities, makeup station, jetted tub & large WI shower! The upper level impresses w/ 3 huge bedrooms, 3 full baths, loft area, library, rec/play rm & craft/flex rm! A ONE-OF-A-KIND WALKOUT LOWER LEVEL features a 20' Bar w/ space for 10+ stools at Full Second Kitchen , billiards area, family rm w/ fireplace, theater rm w/ 3 level stadium seating, projector & screen, exercise rm (or 7th bedroom), full guest bath, guest bedroom w/ private bath, large storage rm, workshop, three season sun rm w/ access to a 30x18' patio w/ fountains & a gas fire pit w/ brick & stone seating ledge! The large yard offers space for a future pool & easy access to the 58x28' Boat Dock! The home also includes full audio system, 600 amp service plus a generator. The 44' wide 4 car garage is deep enough (28' in 2 bays) for seasonal boat storage & has 9x8' overhead doors & basement access.
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 this home
Discover refined living in this stunning 5BR, 5.5BA Prairie Modern home located on 2 lush private acres in highly desirable Washington Township. Built in 2018 with a focus on clean lines and high-end finishes, this one-of-a-kind home blends modern luxury with warm, livable design. The expansive open floor plan features a show-stopping kitchen with massive Cambria quartz island and countertops, Thermador appliances, a spacious walk-in pantry, and an adjoining dining room that includes double glass doors and a pocket door--allowing it to be closed off from family living room and the main entry for added privacy or an intimate dining experience. The dining area also features a full-service bar with ice maker, beverage fridge, dishwasher, sink, and custom cabinetry--ideal for entertaining. The main floor owner's suite is a true retreat with a spa-inspired bath, oversized walk-in closet, and private laundry station. Upstairs includes 2 generous bedrooms with ensuite baths and a loft that offers the flexibility for a home office, study, or additional lounge space. The finished lower level is equally impressive, offering 2 more ensuite bedrooms, home theatre, a large fitness room (perfect for a future golf simulator or two), and a stylish wet bar for gatherings. Step outside to a backyard oasis with resort-style amenities: a saltwater pool, full basketball/pickleball court, firepit, and covered porch with gas fire pit--perfect for relaxing year-round. The property is fully fenced for privacy, irrigated, surrounded by mature trees, and professionally landscaped for seasonal beauty. A spacious 4-car garage and security system complete this thoughtfully designed home. Ideally located close to premier shopping and dining, with convenient access to walking/biking paths, this extraordinary residence offers the best of luxury modern living in a natural, private setting.
About this home
Discover tranquility on 12.43 private, wooded acres, perfect for enjoying nature and outdoor living. Red Barn aka the "Pickleball Barn" has a pickleball court inside. Heated and Insulated RV Garage. Relax on the expansive deck, take a dip in the 36'x18' POOL, unwind in the hot tub, or gather around the cozy firepit-all surrounded by peaceful, scenic views. Step inside to a sunroom lined with gorgeous windows and a vaulted wood-paneled ceiling. A striking double-sided stone gas fireplace connects the family room and hearth room, creating a warm, inviting atmosphere. The kitchen features Nichols cabinetry, granite countertops, and oak flooring. A custom wood-paneled den/office with access to a full bath is located on the main level. Upper Level Primary Suite with large primary Bath. Upper Level also features 3 addtional Bedrooms with jack and jill bath. Upgraded, spacious walk-out basement includes new vinyl plank flooring and an updated full Bath. A must see!!
About this home
Nestled in the highly sought-after community of Arden, this expansive 5-bedroom, 5 full and 2 half bathroom estate offers a perfect balance of refined elegance and modern comfort. Spanning over 8000 square feet, this home is ideal anyone who loves to entertain in style. Step through the grand cast iron doors - each weighing 750 pounds and originally gracing the entry of a Chicago mansion - and now framing this light-filled living space adorned with high-end finishes, soaring ceilings, and thoughtfully designed architectural details. Each of the five spacious bedrooms is accompanied by a private ensuite, providing comfort and privacy for family and guests alike. Two additional half baths add convenience on the main level. The heart of the home is a gourmet kitchen with top-tier appliances, two islands, ample cabinetry, and dual dishwashers-perfect for both everyday meals and hosting large gatherings. The handsome library is an architectural delight with hand carved walnut woodwork that was once displayed along the walls of a 17th century Italian Noble's home. An incredible upper level primary suite offers a spacious bedroom and a luxe ensuite bathroom with large shower, dual sinks, and enormous walk-in closet perfect for keeping any homeowner organized. Enjoy seamless indoor-outdoor living with access to a private backyard retreat, featuring a lovely screened porch and covered patio. Don't miss the custom wine cellar with space to accommodate 1500 bottles - it's not just storage; it's a sanctuary for tradition, taste, and the promise of future toasts. With ample space for relaxation, work, and play, including multiple living areas and flexible rooms that could serve as a home office, gym, or media room, this home truly has it all. Located just minutes from top-rated schools, scenic trails and parks, and everything Arden has to offer, this is more than a home-it's a lifestyle.
About this home
Exclusive luxury, Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the many downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage, and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes and automated window coverings throughout, along with Sub Zero and Wolf appliances in the sleek kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, security system, retractable screens at second floor balcony, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking, and 2 EV charging stations with epoxy flooring in garage! See attached plans for further detail. Home has been professionally staged and all/some furnishings could be sold with the house but is not included in the price.