New Market is a town in Montgomery County, Indiana, in the United States.

The construction of the line was to serve the cities of Frankfort, Crawfordsville and Terre Haute.

In southern Montgomery County it passed through the communities of New Market, Waveland, Browns Valley, Crawfordsville, and Lake Holiday.

The town lies northwest of Indianapolis, just west of U.S. Route 231 and east of State Road 47.

It is 7 miles (11 km) south of Crawfordsville, the Montgomery county seat.

According to the U.S. Census Bureau, New Market has a total area of 0.27 square miles (0.70 km2), all land.

21.4% of all households were made up of individuals, and 7.2% had someone living alone who was 65 years of age or older.

19.9% of all households were made up of individuals, and 7.9% had someone living alone who was 65 years of age or older.

None of the families and 0.5% of the population were living below the poverty line, including no under eighteens and none of those over 64.