Best Online Real Estate Schools in Indiana: 2026 Guide
Indiana requires 90 hours of approved pre-licensing education split across three 30-hour modules, each with its own 100-question exam. Unlike most states, your license will say “Broker” – Indiana doesn’t use the salesperson designation. With a first-time pass rate around 64%, the state exam is moderately challenging. This guide covers the top online schools, what they cost, and how to pick the right fit.
Quick Facts
Required: 90 hours (3 modules x 30 hrs) | Each module has a 100-question exam | License title: Broker | Cost: $330-$899 | State exam pass rate: ~64%
Table of Contents
What Indiana Requires
You need 90 hours from an IREC-approved school, divided into three mandatory modules:
- Module 1: Real Estate Fundamentals (30 hours) – Property rights, land use, legal descriptions, agency relationships, and Indiana license law.
- Module 2: Real Estate Practice (30 hours) – Contracts, financing, appraisal, closing procedures, and fair housing.
- Module 3: Indiana Real Estate Law (30 hours) – State-specific statutes, regulations, trust accounts, and disciplinary procedures.
Module Exam Requirement
Each module ends with a 100-question exam you must pass before moving to the next. You also have a 6-month deadline from enrollment to complete all three modules. Don’t let the clock run out by procrastinating on Module 1.
Top Online Real Estate Schools in Indiana
| School | Price | Exam Prep | Pass Guarantee | Best For |
|---|---|---|---|---|
| The CE Shop | $431-$617 | Yes (Standard+) | Yes | Highest reported pass rate (91%), 5-day free trial |
| Colibri Real Estate | $330-$899 | Yes (mid-tier+) | Yes (Pass or Don’t Pay) | Most package options, strong exam prep (84% pass rate) |
| Perry RE College | Varies | Yes | No | Indiana-focused specialist with live class options |
| Ivy Tech | College tuition | No | No | Community college option, transferable credits |
Prices fluctuate – most schools run discounts of 20-40% regularly. Check for coupon codes before enrolling.
How to Choose the Right School
Verify IREC Approval
Every school must be approved by the Indiana Real Estate Commission (IREC). Verify before enrolling – courses from non-approved providers won’t count toward your 90 hours.
Pass Rates Are Published – Use Them
Unlike most states, Indiana schools actually report pass rates. The CE Shop claims 91% and Colibri reports 84%. These numbers aren’t independently audited, but the gap between schools is meaningful. A school with strong exam prep and high reported pass rates is worth paying more for.
Best Value Strategy
Indiana’s module exam structure means you’re tested three times before the state exam. A mid-tier package ($450-$550) with integrated exam prep helps you pass those module exams on the first attempt and builds momentum for the state exam.
Format and Flexibility
- Self-paced online – Most popular. Study on your schedule, 24/7 access. The CE Shop and Colibri both excel here.
- Live online / in-person – Perry RE College and Ivy Tech offer structured class options if you prefer instructor-led learning.
- Community college – Ivy Tech gives you transferable college credits, which matters if you’re also pursuing a degree.
What It Actually Costs
| Tier | Price Range | What’s Included |
|---|---|---|
| Budget | $330-$430 | Course content only, minimal exam prep |
| Mid-range | $450-$620 | Courses + exam prep + practice tests |
| Premium | $700-$899 | Everything + live instruction, tutoring, career resources |
Education is just one piece of the total cost. You’ll also need to budget for the Pearson VUE exam fee ($53), license application ($60), and background check ($30+). See our complete Indiana licensing guide for the full breakdown.
How Long Will It Take?
| Study Pace | Timeline |
|---|---|
| Full-time (fastest) | 3-4 weeks |
| Moderate (15-20 hrs/week) | 6-8 weeks |
| Part-time (5-10 hrs/week) | 3-5 months |
Remember the 6-month completion deadline. Most people studying while working finish in 2-4 months. The three module exams add time – budget a few extra days between modules for review and testing.
Free Exam Prep Resources
Whether or not your school includes exam prep, these free resources are worth using for extra practice:
- PrepAgent – Free practice questions covering national and state-specific content
- Real Estate License Wizard – Free Indiana-specific practice questions
- Real Estate Exam Ninja – 550+ free questions
- Quizlet – Indiana real estate exam flashcards
Tips for Getting the Most Out of Your Course
- Treat each module exam like a state exam. The 100-question module exams are substantial tests. Students who pass all three with solid scores tend to pass the state exam on the first try.
- Don’t wait to start Module 2. The 6-month clock starts at enrollment, not when you finish Module 1. Losing weeks between modules is the most common reason people run out of time.
- Study Indiana-specific law thoroughly. Module 3 covers state-specific content that appears heavily on the state exam. Don’t rush through it.
- Know the new exam format. As of February 2025, Indiana switched to Pearson VUE for state exam administration. Practice with their test format if your school offers a Pearson VUE simulator.
Frequently Asked Questions
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Doug Smart
Co-Founder, Smart Agent Alliance
Top 1% eXp team builder. Designed and built this website, the agent portal, and the systems and automations powering production workflows and attraction tools across the organization.
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