Austin Coon manages 5 data types including seller leads. Helps you organize, track, and share your work in 1 place for teams and solo users.

How do I start the home buying process in Indianapolis?

Start by getting pre-approved for a mortgage, then contact a local Indianapolis real estate agent like Austin Coon to tour homes and submit offers. Pre-approval shows sellers you are a serious buyer and helps you understand your budget.

How much do I need for a down payment on a home in Indianapolis?

Down payments typically range from 3% to 20% of the purchase price depending on the loan type. FHA loans require as little as 3.5% down. Indianapolis homes have a median price around $280,000, so a 5% down payment would be approximately $14,000.

What are closing costs when buying a home in Indianapolis?

Buyers in Indianapolis typically pay 2–3% of the purchase price in closing costs. This includes lender fees, title insurance, appraisal fees, and prepaid items like homeowner's insurance and property taxes.

How long does it take to buy a home in Indianapolis?

From offer acceptance to closing, the process typically takes 30 to 45 days in Indianapolis. The home search phase varies — in competitive markets like Carmel or Fishers, buyers may need to act quickly as homes sell in days.

What neighborhoods in Indianapolis are best for families?

Top family-friendly neighborhoods near Indianapolis include Carmel (top-rated schools, low crime), Fishers (fast-growing suburb, family amenities), Zionsville (charming small-town feel, excellent schools), and Geist (lakeside living, strong community).

Do I need a real estate agent to buy a home in Indianapolis?

While not required, working with a buyer's agent like Austin Coon is highly recommended. Buyer agent services are typically paid by the seller, meaning the buyer gets professional representation at no direct cost.

6340 Westfield Blvd, Indianapolis, IN 46220

(463) 207-0234 austin@austincoon.com

Essential Guide

The Real Buyer's Playbook

Tired of feeling lost in the home buying process? We break down what actually matters—no fluff, just the straight facts about getting into your next home.

See Properties Before They Hit the Market

The best homes get scooped up fast. With Zenlist, you get alerts the moment properties drop—sometimes before they're even officially listed. Tour homes straight from your phone. You're playing to win, right?

Instant alerts = Never miss "the one"

Off-market access = First-mover advantage

Book tours from your couch = Less wasted time

The App is a Free Download in iOS or Playstore

Real talk: A house is probably the smartest money move you'll make. It builds wealth, gives you stability, and stops landlords from raising your rent every year. That's not emotional—that's math.

8 Steps to Home Ownership

Your complete guide through the home buying process

Get Pre-Approved

The first step to buying a home is to understand your buying power and establish a price range. A licensed lender can help evaluate your financial standing and provide a pre-approval. They will review your income and credit history to determine how much the bank will lend you.

The Home Search

You can start your search for the perfect home right here with up-to-date MLS listings in your favorite neighborhoods. Create your free account to save your favorite properties, request showings and more! As your REALTOR® team, we will search for homes on your behalf.

Making An Offer

When you're ready to move forward with a purchase, we will advise you on constructing the strongest possible offer. We'll help you navigate market conditions, comparable sales, and inspection contingencies. Our team will represent your interests throughout the negotiation process.

Home Inspection

Inspecting the physical condition of your next home is a vital part of the home-buying process. A licensed home inspector will conduct a comprehensive evaluation of the entire property and report any problems with the condition of the home's structure or systems.

Appraisal & Underwriting

Your lender will order an appraisal to ensure the property value supports the loan amount. The underwriting process reviews all documentation to verify your financial information and assess risk. This typically takes 5-7 business days.

Title Search & Insurance

A title search ensures the seller has the legal right to transfer the property to you. Title insurance protects you and your lender against any future claims on the property. We'll work with your title company to review all documents.

Final Walkthrough

A few days before closing, you'll have the opportunity to walk through the property one final time. This is your chance to verify that all agreed-upon repairs have been completed, the property is in the expected condition, and included items are present.

Closing Day

At closing, you'll sign all final documents including the mortgage note and deed of trust. You'll also make your down payment and cover any closing costs. Once all documents are signed and funds are transferred, you'll receive the keys to your new home!

Real Estate Dictionary

Terms to Know

Understanding key real estate terms will help you navigate the home buying process with confidence.

Let's Make This
Happen

You know what you want. I know how to get you there. One call and we're in motion.

The Real Buyer's Playbook

See Properties Before They Hit the Market