Central State Homes for Sale

A new-construction community in Indianapolis, Marion County, served by Indianapolis Public Schools. Your Realty Link helps buyers and sellers in Central State.

๐Ÿ“ Indianapolis ยท Marion County ๐Ÿก $250s to $350s ๐Ÿซ Indianapolis Public Schools โœจ Homes and townhomes built since 2017 on the former Central State Hospital campus off W Washington St

โœ” Reviewed by Janet Giles-Schultz, Principal Broker ยท MIBOR member ยท Updated August 2026

Central State is a new-construction community in Indianapolis’s Wayne Township, one of Central Indiana's most sought-after communities. Known for homes and townhomes built since 2017 on the former Central State Hospital campus off W Washington St and master-planned by Holladay Properties, with homes by builders including Compendium Group and M/I Homes, it's a place buyers ask about across Marion County. Your Realty Link — an Indianapolis-based MIBOR brokerage — helps buyers and sellers throughout Central State and the surrounding Indianapolis area.

Living in Central State

Central State offers the kind of setting that keeps Indianapolis in demand — homes and townhomes built since 2017 on the former Central State Hospital campus off W Washington St, master-planned by Holladay Properties, with homes by builders including Compendium Group and M/I Homes, and same campus as the Indiana Medical History Museum. Everyday shopping, dining, and services are close by, and the broader Indianapolis area surrounds the community with parks, employment, and strong public services. It's a community that suits families and professionals looking for an established Indianapolis address.

Central State Homes & Real Estate Market

Homes in Central State generally range from $250s to $350s, reflecting its profile as a new-construction community. Demand across Marion County is consistently strong, and pricing depends on the specific home, size, updates, and lot — so a local agent's read on value is helpful whether you're buying or selling. Ask Your Realty Link for a free, no-obligation market analysis for any address in the community.

Schools & Location

Central State is served by Indianapolis Public Schools, a key reason families choose the area. We always recommend confirming the assigned schools for a specific home before buying. Indianapolis's location gives residents convenient access to the wider Indianapolis metro, employment corridors, shopping, and dining.

Amenities & Lifestyle

Highlights of Central State include Homes and townhomes built since 2017 on the former Central State Hospital campus off W Washington St, Master-planned by Holladay Properties, with homes by builders including Compendium Group and M/I Homes, and Same campus as the Indiana Medical History Museum. For buyers who value an established, well-located community, Central State checks the important boxes.

Work With a Central State Real Estate Agent

Your Realty Link helps buyers and sellers throughout Central State and the Indianapolis area. Our team knows what draws buyers here and how to position homes to sell. Whether you're searching for a home in Central State or selling to reach ready buyers, we bring local knowledge and a proven marketing plan. Call us today or search homes online.

Selling a home in Central State? Your Realty Link knows the Indianapolis market — request a free valuation. Get your free home valuation โ†’

Ready to Search Homes in Central State?

Browse all active MLS listings in Central State and Indianapolis โ€” updated in real time from the MIBOR MLS.

Frequently Asked Questions โ€” Central State

What do homes cost in Central State?

Homes in Central State generally range from $250s to $350s, depending on the specific home, size, and updates. Your Realty Link can provide a free market analysis for any address in the community.

How do I see homes for sale in Central State?

Use the Your Realty Link property search to browse active MLS listings in Central State and across Indianapolis — all pulled directly from the MIBOR MLS.

What schools serve Central State?

Central State is served by Indianapolis Public Schools. Because attendance boundaries can change, a Your Realty Link agent can confirm the assigned schools for any specific home.

Is Central State a good community?

Central State is a new-construction community in Indianapolis that draws buyers for its location, amenities, and lifestyle. Your Realty Link knows the community and can help you weigh whether it fits your needs.


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