The story of this market
The typical home in ZIP 46070 sells for about $344,200, or $152 per square foot.
Prices are up +54% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $760 a month.
ZIP 46070 — Summitville
The market in 46070 is characterized by low inventory and limited turnover, leading to volatility in median sale price metrics. While growth is modest, the area remains an affordable, stable option for those prioritizing homeownership in a low-density, rural-adjacent setting.
Fits family buyers and those seeking affordable, quiet, small-town living with manageable access to the Indianapolis metro area.
Median prices moved up 54.0% year over year.
Homes spend a median of 64 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 19.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46070, Madison County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Localized crime data is not determinable; the area maintains a small-town character typical of rural Madison County.
The area is served by schools within the region, with limited specific district-wide ratings published for this exact ZCTA.
FEMA National Risk Index for the county is relatively low, with primary hazards including strong wind, cold waves, and hail.
Development momentum is largely tied to its role as a residential buffer for the greater Indianapolis metro area, with modest, stable growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Primarily a drive-to-work profile with an average commute of approximately 22.5 minutes toward regional employment centers.
Limited local amenities; residents access parks and shopping within a 3-mile radius in surrounding communities.
Limited rental market depth; mostly single-family housing inventory with low vacancy.
Mix of local small business, agriculture, and commuting to Indianapolis and Anderson metro jobs.
No major industrial or high-density residential developments currently reported for this ZIP.
Standard Madison County taxing and school districts apply to parcels in this area.
Standard regional posture; generally low hazard risk.
Data sourced from census.gov and local market reports.
- Marion Splash House4.314.3 mi
- Chuck E. Cheese4.215.7 mi
- Escapades Family Fun Center414.4 mi
- Bouncyland Family Fun Center414.3 mi
- Stillwell Manor Haunted Attraction4.416.4 mi
- Scheumann Stadium4.615.2 mi
- Golden Corral Buffet & Grill3.919.2 mi
- Worthen Arena4.616 mi
- Paramount Theatre4.815.6 mi
- Anderson Speedway4.516.8 mi
- World’s Largest Ball of Paint4.85.4 mi
- Gas City Park4.610.7 mi
- Gas City Performing Arts Center4.711.4 mi
- The James Dean Museum4.96 mi
- Alexandria Movie Theater4.74.5 mi
- Minnetrista Museum & Gardens4.716.9 mi
- Muncie Children's Museum4.317.5 mi
- The Bob Ross Experience4.516.8 mi
- Owsley Museum of Art4.816.1 mi
- The James Dean Museum4.96 mi
- Gas City Park4.610.7 mi
- Beulah Park4.55 mi
- Yorktown Sports Park4.312.9 mi
- Callaway Park4.59.4 mi
- Playacres Park4.75.8 mi
- SpeedWorx Marine - Docks & Lifts4.917.2 mi
- Elwood Golf Links4.411 mi
- Dollar General Market4.210.6 mi
- DeVoe Chevrolet4.76 mi
- Dollar General4.112.9 mi
- Dollar General44.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.