Lockerbie Square

Lockerbie Square, located just east of downtown Indianapolis, is the city’s oldest surviving residential neighborhood. Established in the mid-19th century, it showcases a rich tapestry of architectural styles, including Federal, Italianate, and Queen Anne designs. The neighborhood’s historic significance led to its designation as Indianapolis’s first historic district preservation area in the 1960s.

Unique Features & Attractions

Lockerbie Square’s charm lies in its well-preserved 19th-century architecture, tree-lined streets, and the iconic cobblestone pathway of Lockerbie Street. Its proximity to downtown Indianapolis offers residents easy access to cultural venues, restaurants, and shopping districts. The neighborhood also provides self-guided walking tours, allowing visitors to explore its historical landmarks at their leisure.

School District

As part of the Indianapolis Public Schools system, Lockerbie Square is served by several nearby schools, including Washington Irving School 14 and Center for Inquiry School 2. Additionally, various private and charter schools are accessible within a short distance, offering diverse educational options for residents.

Demographics & Community Trends

Lockerbie Square is known for its vibrant and engaged community, comprising professionals, families, and retirees who value urban living with historical charm. The neighborhood’s active preservation efforts and community associations reflect a strong commitment to maintaining its unique character.

Home Values & Real Estate Trends (2025)

As of February 2025, the Lockerbie Square housing market has experienced the following trends:

• Median Listing Price: $430,000, with homes ranging from $375,000 to $949,000. 
• Median Sold Price: $469,500, reflecting a 77.2% increase from the previous month
• Median Sale Price: $385,000, a decrease of 12.1% compared to the previous year. 

These figures indicate a dynamic market with varying trends in listing and sale prices.

Architectural Style & Age of Homes

The neighborhood features residential, commercial, religious, and educational structures built mainly between 1855 and 1930. The diverse architectural styles contribute to Lockerbie Square’s historic charm and aesthetic appeal. citeturn0search0

Conclusion

Lockerbie Square offers a unique blend of historical significance, architectural beauty, and urban convenience. Its well-preserved environment, active community, and proximity to downtown Indianapolis make it a highly desirable neighborhood for those seeking a distinctive living experience.