Why Live in Memorial Park
Memorial Park, a suburban neighborhood in Fort Wayne, Indiana, is situated just south of the Maumee River and 2 miles from downtown. Known for its strong sense of community, local businesses frequently host events that foster a close-knit atmosphere. The neighborhood's namesake, Memorial Park, spans 42 acres and features a baseball diamond, pavilion, playground, splash pad, and a memorial tree grove honoring World War I soldiers and aviation pioneer Art Smith. The neighborhood is zoned for schools in the Fort Wayne Community School District, and Indiana Tech is less than 1 mile away. Homes here were built in the 1900s and are often small ranch-style houses, aluminum-sided bungalows, midcentury cottages, historic craftsman, and American foursquare dwellings. While the neighborhood has a few small businesses, additional shopping and dining options are available in downtown Fort Wayne. Summit City Brewerks, just over 1 mile away, offers over 30 on-site brews, and Glenbrook Square, 5 miles north, houses over 150 stores and eateries. Memorial Park's location allows for convenient access to the Cherry Blossom Festival and the Johnny Appleseed Festival. The Allen County War Memorial Coliseum, within 5 miles, hosts concerts and events. Indiana State Road 930 and other major highways connect the neighborhood to broader regions. Public transit is available via Citilink bus stops along S. Anthony Boulevard. Fort Wayne International Airport is just over 10 miles away.
Frequently Asked Questions
Is Memorial Park a good place to live?
Memorial Park is a good place to live. Memorial Park is considered car-dependent and somewhat bikeable with some transit options. Memorial Park is a suburban neighborhood. Memorial Park has 11 parks for recreational activities. It is fairly sparse in population with 3.5 people per acre and a median age of 32. The average household income is $34,251 which is below the national average. College graduates make up 4.5% of residents. A majority of residents in Memorial Park are renters, with 53.3% of residents renting and 46.7% of residents owning their home. A
local real estate agent serving Memorial Park can help you decide if this neighborhood is the right one for you. Learn more on our
Memorial Park neighborhood guide.
Is Memorial Park, IN a safe neighborhood?
Memorial Park, IN is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Memorial Park?
The median home price in Memorial Park is $132,500. If you put a 20% down payment of $26,500 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $28K a year to afford the median home price in Memorial Park. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Memorial Park is $34K.
What are the best public schools in Memorial Park?
The best public schools that serve Memorial Park are:
What are the best private schools in Memorial Park?
The best private schools that serve Memorial Park are:
What are the most popular zip codes in Memorial Park, Fort Wayne, IN?
What are the most popular neighborhoods near Memorial Park, Fort Wayne, IN?
Are home prices dropping in Memorial Park?
Yes, home prices in Memorial Park are down 4% in the last 12 months.
Home Trends in Memorial Park, IN
On average, homes in Memorial Park, Fort Wayne sell after 30 days on the market compared to the national average of 53 days. The median sale price for homes in Memorial Park, Fort Wayne over the last 12 months is $117,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$117,500
Median Single Family Sale Price
$122,450
Average Price Per Sq Ft
$106
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$132,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-1%