Most Expensive Homes for Sale in Indianapolis, IN Right Now
Last updated: December 1, 2025
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
Set atop 1.76 acres, this stunning Crows Nest estate is a true sanctuary that offers unparalleled privacy and beautiful views, seamlessly combining luxury, comfort, and sophistication. The resort-style backyard promises unforgettable gatherings, featuring a sparkling pool surrounded by multiple lounge areas, sun-soaked patios, and dedicated conversation spaces. Mature trees and lush landscaping provide a beautiful backdrop, making every moment outdoors feel like a private getaway. Inside, a breathtaking foyer with a sweeping staircase sets the tone, showcasing soaring ceilings, intricate millwork, and stylish interior design. The living spaces flow seamlessly, beginning with the light-filled great room featuring a marble fireplace and Juliette balconies. French doors open to the inviting sunroom, where walls of windows frame serene views and walk-out access leads directly to the patio for effortless indoor-outdoor living. At the heart of the home, the designer kitchen blends timeless elegance with modern function. Warm white cabinetry with brass hardware, custom lighting, and a 71" Lacanche French range create a chef's dream, while the striking marble island provides generous prep space and casual seating. Thoughtful touches like glass-front cabinets, a Shaws farmhouse sink, and warm hardwood floors add character and charm. Upstairs, well-appointed bedrooms each feature en suite baths, ensuring comfort and privacy for family and guests. The finished lower level lends itself to family fun and entertainment with space dedicated to movie nights, board games, and playdates. Don't miss this exceptional opportunity to own this timeless, generational home in one of Indianapolis's most distinguished neighborhoods!
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
This exceptional 6 bedroom estate in the Brendonwood neighborhood is sure to take your breath away! Rarely does an opportunity like this arise in one of Indy's best kept secret areas. Across from Cathedral High School, this gem sits atop a hill on over 3 wooded acres offering scenic views from every window! Something for everyone - a gourmet kitchen for the chef, incredible architectural details for the designer/artist, an insane closet for the fashionista, a home gym AND indoor sports court for the athlete, multiple recreation rooms for the entertainer, indoor/outdoor living spaces for the nature lover. .. not to mention bonus space for your in-law(s) or au pair quarters! This neighborhood has a rich historical significance and offers the best amenities including gated entry/security, a private 9 hole golf course, 44+ acres of nature preserve, pool, bocce ball and numerous social events! The home itself features steam showers, multiple secret doors, soaring ceilings with a Juliette balcony and grand staircase, water features, a hot tub, a home theater, built in grill, firepit and more! New Andersen windows/doors - 2017, Roof - 2020 plus (3) new furnaces/ac units in 2024!
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