Why Live in Pheasant Ridge
Pheasant Ridge in Elkhart, Indiana, offers a serene and wooded setting with contemporary custom homes featuring brick or vinyl-sided exteriors, averaging over 3,600 square feet. Each home includes an attached multicar garage, a valuable asset during Northern Indiana’s harsh winters. The neighborhood boasts Pheasant Ridge Park, a private park with amenities such as basketball and tennis courts, a sand volleyball court, and a playground. Residents are just 2 miles from the Elkhart Bog Nature Preserve, which offers limestone gravel trails and a floating boardwalk through a unique 228-acre marshy landscape. The Six Span Bridge Boat Launch, about a mile away, provides convenient access to the Upper Saint Joseph River, and nearby Red Oak Farm offers boarding stables and riding trails for horse owners. Dining options close to Pheasant Ridge include Rulli’s Italian Restaurant, Don Jose’s Mexican Grill and Cantina, and Stacks Pancake House, with Martin’s Super Market and Cubiletes Mexican Bar and Grill located 3 miles west. The Recreational Vehicle and Manufactured Housing Hall of Fame and Museum, north of the neighborhood, showcases RVs and manufactured homes from the 1930s to the present and hosts various events throughout the year. While a car is necessary due to the neighborhood’s secluded location, downtown Elkhart is 7 miles away, and Bristol is 4 miles away. The Indiana Toll Road provides a 31-mile route to South Bend International Airport and a two-hour drive to Chicago.
Frequently Asked Questions
Is Pheasant Ridge a good place to live?
Pheasant Ridge is a good place to live. Pheasant Ridge is considered very car-dependent and somewhat bikeable. Pheasant Ridge has 7 parks for recreational activities. It has a median age of 46. The average household income is $206,777 which is above the national average. College graduates make up 47.3% of residents. A majority of residents in Pheasant Ridge are home owners, with 3.3% of residents renting and 96.7% of residents owning their home. A
local real estate agent serving Pheasant Ridge can help you decide if this neighborhood is the right one for you. Learn more on our
Pheasant Ridge neighborhood guide.
How much do you need to make to afford a house in Pheasant Ridge?
The median home price in Pheasant Ridge is $470,000. If you put a 20% down payment of $94,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Pheasant Ridge. The average household income in Pheasant Ridge is $207K.
What are the best public schools in Pheasant Ridge?
The best public schools that serve Pheasant Ridge are:
What are the most popular zip codes in Pheasant Ridge, Elkhart, IN?
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Home Trends in Pheasant Ridge, IN
On average, homes in Pheasant Ridge, Elkhart sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Pheasant Ridge, Elkhart over the last 12 months is $455,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$455,000
Median Single Family Sale Price
$1,045,615
Average Price Per Sq Ft
$244
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$470,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-9%