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Indianapolis’ real estate history

From Indianapolis' first real estate sale in 1821, REALTORS® have been instrumental to the growth and development of our fair city. By 1850 our population was a mere 8,000 people. That was about to change, and quickly. Just two decades later, that figure jumped to over 48,000, and again to over 170,000 by the early 1900s. We needed to find and build homes for those people.

On January 3, 1912, the Indianapolis Real Estate Board was officially established, and that day 43 firms became dues-paying members. At the time, our downtown skyline was taking shape; our ubiquitous rail, road, and water routes earned our city the moniker "Crossroads of America;" and our state ranked as the nation's top auto producer with Stutz, Duesenberg, and Studebaker. The city began to spread with neighborhoods such as Golden Hill, Williams Creek, and Crows Nest.

The following decades saw increased development and progression in the real estate industry and throughout central Indiana.

Throughout it all, MIBOR has stood alongside families purchasing their first homes, or "moving up." We've lobbied for more affordable loans and equitable housing. We've rolled up our sleeves to help local economic development break ground.
And the best is yet to come.

In an effort to chronicle the rich history of real estate in central Indiana we are in the final stages of producing a book, REALTORS® Opening Doors for 100 Years. Pre-sales of the book and video will begin late summer. Stay tuned for details!