About Silver Spring's Indian Spring

Indian Spring is one of the most popular family friendly neighborhoods in Silver Spring.

Homes in Indian Spring were originally built as Golf Course or Country Club Homes. The area was developed around the Old Indian Spring Country Club & Golf Course in the late 1930's. When Country Club moved out to Layhill Road in mid 1950's, the grounds and buildings became the home of the Silver Spring YMCA.

The Indian Spring Neighborhood is located just inside the Beltway in Silver Spring, Md 20901, east of Colesville Road (Route 29). The southern border is Franklin Avenue and the west, University Boulevard.

The houses are charming colonials, cape cods and ramblers built from the early 1940's through the mid 1950s. There are just over 800 single family homes in the Indian Spring subdivisions.

Schools
Montgomery County public school system is well known as one of the best in the nation. Public schools serving Indian Spring:

Highland View Elementary School,
Silver Spring International Middle School,
Northwood High School,

At the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Albert Einstein, John F. Kennedy and Wheaton.

The Private schools convenient to the Indian Spring Neighborhood are:
St. Bernadette's fondly called "ST B's"
Grace Episcopal Day School
Calvery Lutheran School


The Indian Spring community was listed in the Washingtonian one of the "Best Places to Live" (2005). "This is the kind of inner-Beltway suburb that downtown Silver Spring was revitalized for. The professionals living here may have families, but they're not so suburbanized that they don't enjoy the art films, live music, and trendy food that are trademarks of the new Silver Spring." - Washingtonian Magazine.

The Indian Spring Community has family-oriented social events for neighbors to meet and an email group for neighbors to keep up on the latest news, events, announcements and learn about local services. Some of the Neighborhood events are: (the ever popular annual) "Taste of Indian Spring", neighborhood clean up, yard sale, Fall Fest, July 4th Celebration, Holiday Celebrations and Holiday House Tours. Find out more about the Indian Spring Community by visiting their website www.Iscaonline.com

Indian Spring Real Estate

26 Homes SOLD in 2008

Average List Price in 2008 - $476,175
Lowest List Price - $299,900
Highest List Price - $610,000

Average SOLD Price in 2008 - $461,027
Lowest Sale Price - $300,007
Highest Sale Price - $610,000

Average Time on Market - 102 Days

31 Homes were SOLD in 2009

Average List Price 2009 - $459,397
Average Sold Price 2009 - $441,913

Lowest Sale Price 2009 - $250,000
Highest Sale Price 2009 - $705,000

Average Time on Market 2009 - 92 days

Single Family Homes Currently for Sale in Indian Spring, Silver Spring, Md 20901

Homes in the Indian Spring Neigborhood were originally built as Golf Course or Country Club Homes. The area was developed around the Old Indian Spring Country Club & Golf Course in the early 1930's. When Country Club moved out to Layhill Road in mid 1950's, the grounds and buildings became the home of the Silver Spring YMCA. Indian Spring is just inside the Beltway in Silver Spring, east of Colesville Road (Route 29). The south border is Franklin Avenue and the west, University Boulevard.

The Indian Spring community was listed in the Washingtonian one of the "Best Places to Live" (2005). "This is the kind of inner-Beltway suburb that downtown Silver Spring was revitalized for. The professionals living here may have families, but they're not so suburbanized that they don't enjoy the art films, live music, and trendy food that are trademarks of the new Silver Spring." - Washingtonian Magazine.


Real Estate Sales for Single Family Homes
in the Indian Spring Neighborhood of Silver Spring, MD 20901
April 1st - September 1st 2007 (6 months)

Currently 13 Active (For Sale) Listings
Average Price Actives - $502,400
Lowest Price - $375,000
Highest Price - $635,000
Average Time on Market - 43 Days

3 Listings Under Contract - Pendings
Average List Price of Pendings - $489,000
Average Time on Market - 67 Days

3 Listings Withdrawn from Market or Expired
Average Price Withdrawns - $560,000
Average Time on Market - 175 Days

15 Sold Listings
Average List (Asking) Price - $511,133
Average Sold Price - $506,076
Lowest Sold Price - $440,000
Highest Sold Price - $590,000


Market Update Indian Spring Real Estate in 2008, 2009 and beyond