Why Live in Colonial Park
Colonial Park in Fort Wayne is a compact neighborhood situated between two major roads. Residents have convenient access to parks and shopping centers. The nearby Washington Square offers specialty groceries at Magadoo Asian Grocery, essentials at Dollar General and dining at Jalapeños Mexican Grill. The Marketplace of Canterbury features more diverse options a mile east, including Breakfast Clubb for morning meals and The Corner Pocket Club for casual dining and billiards. Northwood Park, adjacent to Northwood Middle School, offers green space and a paved track. Shoaff Park, a mile-and-a-half east, provides extensive recreational facilities, including ball fields, sports courts, a splash pad and a golf course. The Pufferbelly Trail, 4-and-a-half miles away, is a favored location for jogging and dog walking. Students can attend Fort Wayne Community Schools. Options include Holland Elementary, which receives a B grade from Niche. Bishop Dwenger High School, a B-plus-rated private institution, is also nearby. Higher education options include Purdue University Fort Wayne, less than 2 miles away. Housing in Colonial Park includes Cape Cods, ranch-style homes and contemporary builds, with well-maintained yards and tree-lined streets. The Towne House Retirement Community offers amenities for residents 62 and over. Commuters benefit from proximity to Interstate 69, Downtown Fort Wayne and public transit on North Clinton Street. Fort Wayne International Airport is 20 miles away.
Frequently Asked Questions
Is Colonial Park a good place to live?
Colonial Park is a good place to live. Colonial Park is considered car-dependent and bikeable with some transit options. Colonial Park is a suburban neighborhood. Colonial Park has 6 parks for recreational activities. It is somewhat dense in population with 6.9 people per acre and a median age of 36. The average household income is $71,121 which is below the national average. College graduates make up 32.4% of residents. A majority of residents in Colonial Park are renters, with 63% of residents renting and 37% of residents owning their home. A
local real estate agent serving Colonial Park can help you decide if this neighborhood is the right one for you. Learn more on our
Colonial Park neighborhood guide.
Is Colonial Park, IN a safe neighborhood?
Colonial Park, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Colonial Park?
The median home price in Colonial Park is $274,900. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $1,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Colonial Park. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Colonial Park is $71K.
What are the best public schools in Colonial Park?
The best public schools that serve Colonial Park are:
What are the best private schools in Colonial Park?
The best private schools that serve Colonial Park are:
What are the most popular zip codes in Colonial Park, Fort Wayne, IN?
What are the most popular neighborhoods near Colonial Park, Fort Wayne, IN?
Home Trends in Colonial Park, IN
On average, homes in Colonial Park, Fort Wayne sell after 23 days on the market compared to the national average of 53 days. The median sale price for homes in Colonial Park, Fort Wayne over the last 12 months is $263,900, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$263,900
Median Single Family Sale Price
$263,900
Average Price Per Sq Ft
$124
Number of Homes for Sale
2
Last 12 months Home Sales
15
Median List Price
$274,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%