Why Live in Tipton Area
The Tipton Area neighborhood in Elkhart features a charming blend of early 20th-century American Craftsman and American Foursquare homes, including bungalows and two-story houses. Many of these century-old homes may require repairs, while others are move-in ready. The neighborhood is pedestrian-friendly with sidewalks and gridded streets. Studebaker Park, located along the Elkhart River, offers a variety of outdoor activities such as fishing, canoeing, kayaking, and sports facilities including pickleball courts and a ball diamond. Scenic walking trails and picnic areas add to the park's appeal. The River Greenway Trail extends 2 miles south from the park to the Elkhart Environmental Center. Downtown Elkhart, just a short distance away, provides numerous shopping and dining options, from fine dining at Artisan and 523 Tap & Grill to casual spots like Hot Dog Eddy’s and Vanilla Bean Creamery. The neighborhood itself has Ayala's Mexican Restaurant, known for its tacos. Residents can shop for groceries at nearby Compra Mas Supermarket or Martin’s Super Market in downtown. The National New York Central Railroad Museum and events like the Elkhart Grand Prix and Elkhart Jazz Festival add cultural and recreational value. The Interurban Trolley Orange Line services the neighborhood, and the nearby Amtrak station offers routes to Chicago, New York City, and Washington, D.C. The Indiana Toll Road is about 4 miles north. Schools in the area include Mary Beck Elementary, Pierre Moran Middle School, and Elkhart High School, with varying ratings.
Frequently Asked Questions
Is Tipton Area a good place to live?
Tipton Area is a good place to live. Tipton Area is considered somewhat walkable and somewhat bikeable. Tipton Area has 8 parks for recreational activities. It has a median age of 29. The average household income is $56,371 which is below the national average. College graduates make up 2.1% of residents. A majority of residents in Tipton Area are renters, with 57.8% of residents renting and 42.2% of residents owning their home. A
local real estate agent serving Tipton Area can help you decide if this neighborhood is the right one for you. Learn more on our
Tipton Area neighborhood guide.
How much do you need to make to afford a house in Tipton Area?
The median home price in Tipton Area is $154,900. If you put a 20% down payment of $31,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $770 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Tipton Area. The average household income in Tipton Area is $56K.
What are the best public schools in Tipton Area?
The best public schools that serve Tipton Area are:
What are the best private schools in Tipton Area?
The best private schools that serve Tipton Area are:
What are the most popular zip codes in Tipton Area, Elkhart, IN?
What are the most popular neighborhoods near Tipton Area, Elkhart, IN?
Home Trends in Tipton Area, IN
On average, homes in Tipton Area, Elkhart sell after 22 days on the market compared to the national average of 52 days. The median sale price for homes in Tipton Area, Elkhart over the last 12 months is $155,000, up 22% from the median home sale price over the previous 12 months.
Median Sale Price
$155,000
Median Single Family Sale Price
$160,000
Median Townhouse Sale Price
$82,900
Average Price Per Sq Ft
$93
Number of Homes for Sale
2
Last 12 months Home Sales
12
Median List Price
$154,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
22%