See $500K homes for sale around Indiana in June, including historic 1830 house

The U.S. housing market is gradually cooling off amid elevated mortgage rates and growing recession concerns.

The national median existing-home sales price in April slipped 1.7% from one year ago to $388,800, according to USA TODAY.

In Indiana, it's been a bit of a mixed bag. April home prices in Indiana were up 6.4% compared to last year, selling for a median price of $246,700, according to real estate site Redfin. But the number of homes sold was down 21.4% year over year.

So sales are dwindling, but the average price remains elevated compared to 2022.

Here's a look around the state at homes in the $500,000 to $600,000 range in June to see what buyers and sellers can expect.

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Indianapolis homes for sale

South Franklin

This house in the South Franklin area is perfect for the buyer who values outdoor living space. Featuring a pond, playground and plenty of open space and trees, it sits on 1.5 acres. The spacious back deck overlooking the pond is a great space for entertaining or family dinners when the weather is warm.

Custom built in 1997 and listed for $525,000, the house itself has high ceilings, large windows and more than 3,500 square feet of space. It has 3 bedrooms, 2.5 baths, a 3-car garage and a full basement that offers a lot of room for adding a theater or whatever other space you're looking for in your new home.

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Fountain Square

If you're looking for something closer to downtown, this 4 bedroom, 4.5 bath home in Fountain Square is impressive inside and out.

Built in 1910 but recently restored, it combines historic charm with modern style and is listed for $549,900.

The 2-car garage means you won't have to scrape ice off your windshield all winter, and the new plumbing, electrical, furnace, water heater, roof and more mean you won't be chasing your tail on the repairs that can come with owning a historic home.

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Martinsville real estate

This listing in Martinsville has everything you'd hope for in a home in this price range.

It has tons of room, is remodeled but with character, and features like multiple fireplaces, soaring ceilings and a wet bar add to the wow factor inside.

Listed at 4,462 square feet, the home has 4 bedrooms, 3.5 baths and sits on nearly an acre. The 3.5 car garage is equipped with an electric vehicle charging station.

It has several stocked lakes nearby, and the community has multiple pools, parks, clubhouses, a baseball diamond, tennis courts, and more.

Whitestown home for sale

Heading a little further north than our other listings, this home in Whitestown has more than 3,400 square feet of space and is listed for $519,900.

The home is just a few years old, built in 2020, and has a lot of curb appeal with the brick exterior framed by white columns and archways.

The two-story entry and angled staircase greet you when you enter the 4-bedroom, 2.5-bath home. Amenities include stainless steel appliances, upgraded flooring and a large double-sided gas fireplace.

Spencer's James Alverson Home

In the several months we've been doing these real estate checks around the state, this is one of the more unique listings we've seen available.

The James Alverson Home, built in Spencer in 1830 and on the Indiana historic homes registry, is on the market for $549,000.

At nearly 6,000 square feet and sitting on 7.47 acres (with another 5.05 acres of tillable land listed separately), it has been restored over the years with several updates.

Along with the updates, the hardwood floors, stained glass windows and walnut staircase remind you of the home's history. There are two two-car garages (one climate controlled), a gazebo and fenced-in yard overlooking a pond, a koi pond, and even multiple large rooms for hosting events that could be utilized to potentially run a small business or wedding venue.