Why Live in Georgetowne Place
Georgetowne Place in Fort Wayne is a landscaped enclave established in the late 1980s, featuring over 6 acres of green space, a stocked pond, and well-maintained sidewalks. This luxury development is known for its spacious homes, including Craftsman, Colonial Revival, and ranch styles, with properties reaching up to 4,000 square feet. The neighborhood fosters a sense of community through annual picnics, volunteer days, and "Yard of the Month" awards. Located about 6 miles from downtown Fort Wayne, residents enjoy a quick commute by car or local bus. Families benefit from proximity to Kreager Park, which offers inclusive playgrounds, sports fields, and a splash pad. Georgetown Square, less than a mile north, provides essential groceries and dining options, while Northwood Plaza, 2 miles away, features Target and casual restaurants. The neighborhood is part of Fort Wayne Community Schools, with students attending schools that maintain high ratings. Nearby, Purdue University offers further educational opportunities. Georgetowne Place is covenant-controlled, requiring board approval for architectural changes. Residents have convenient access to Interstate 469 for extended travel.
Frequently Asked Questions
Is Georgetowne Place a good place to live?
Georgetowne Place is a good place to live. Georgetowne Place is considered very car-dependent and somewhat bikeable with minimal transit options. Georgetowne Place is a suburban neighborhood. Georgetowne Place has 6 parks for recreational activities. It is sparse in population with 1.9 people per acre and a median age of 45. The average household income is $60,181 which is below the national average. College graduates make up 33.3% of residents. A majority of residents in Georgetowne Place are home owners, with 29.3% of residents renting and 70.7% of residents owning their home. A
local real estate agent serving Georgetowne Place can help you decide if this neighborhood is the right one for you. Learn more on our
Georgetowne Place neighborhood guide.
How much do you need to make to afford a house in Georgetowne Place?
The median home price in Georgetowne Place is $277,400. If you put a 20% down payment of $55,500 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $59K a year to afford the median home price in Georgetowne Place. The average household income in Georgetowne Place is $60K.
What are the best public schools in Georgetowne Place?
The best public schools that serve Georgetowne Place are:
What are the best private schools in Georgetowne Place?
The best private schools that serve Georgetowne Place are:
What are the most popular zip codes in Georgetowne Place, Fort Wayne, IN?
What are the most popular neighborhoods near Georgetowne Place, Fort Wayne, IN?
Are home prices dropping in Georgetowne Place?
Yes, home prices in Georgetowne Place are down 6% in the last 12 months.
Home Trends in Georgetowne Place, IN
On average, homes in Georgetowne Place, Fort Wayne sell after 39 days on the market compared to the national average of 52 days. The median sale price for homes in Georgetowne Place, Fort Wayne over the last 12 months is $251,900, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$251,900
Median Single Family Sale Price
$269,900
Median 2 Bedroom Sale Price
$249,450
Average Price Per Sq Ft
$154
Number of Homes for Sale
2
Last 12 months Home Sales
6
Median List Price
$277,400
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
4%