Some homes on North Meridian Street in Indianapolis have been owned by the same family for nearly 100 years. The capital of Indiana, Indianapolis, has generally lower home prices compared to other major Midwestern cities, but certain areas have exceptionally high price points.

Notable areas include North Meridian Street and the Meridian-Kessler neighborhood. Since the early 20th century, when Indianapolis entrepreneurs began building large mansions, these areas have maintained their status as the city's representative affluent neighborhoods, with median home prices estimated between $700,000 and $900,000.

Williams Creek is an independent small town within Indianapolis, characterized by large lots with wooded areas and homes that ensure privacy. The median price often exceeds $900,000, making it one of the top-tier areas in the Indianapolis region.

To the east, near Geist Reservoir, there is a concentration of large waterfront homes, with properties featuring boat docks that have consistently attracted wealthy buyers. The median price in this area is around $700,000 to $800,000.

The background for these areas becoming affluent neighborhoods includes the settlement of a long-established entrepreneurial class, excellent private and public schools, and the natural beauty of lakes and forests. In particular, the North Meridian area is regarded as an iconic district that has grown alongside Indianapolis businesses.

The overall median home price in the city of Indianapolis is known to be around $200,000, creating a gap of more than three times compared to the previously mentioned areas. This is considered a significant disparity among major Midwestern cities.

In recent years, the Korean population in Indianapolis has been gradually increasing, with a notable preference among professionals for nearby suburbs like Carmel and Zionsville. However, households that prioritize accessibility to the city center also tend to consider the Meridian-Kessler area.

Indianapolis maintains a relatively low entry price compared to the national average, allowing for the acquisition of large homes in excellent school districts with relatively modest capital, which is a characteristic of the affluent neighborhoods in Indianapolis.