Why Live in Michigan Avenue
Michigan Avenue in Fort Wayne is experiencing a revitalization, with investors renovating historic homes and starting new businesses. Located just south of downtown, this neighborhood benefits from the nearby Electric Works, a live-work space in the old GE headquarters. Residents frequent Union Street Market for diverse dining options, including barbecue, Thai, pizza, and Mexican cuisine, as well as fresh produce and gourmet cheeses. George's International Market is another popular grocery destination, offering Mediterranean and Mexican specialties. The neighborhood features early 20th-century Craftsman bungalows and Neoclassical cottages, many with large front windows and porches. While some homes have been fully renovated, others offer opportunities for buyers willing to invest in updates. The area is walkable, with tree-lined streets and narrow lots, and parking is available through street spots, single-car garages, or driveways.
Outdoor attractions include McCulloch Park, with its paved walkways, playground, and picnic areas, and the nearby St. Mary’s River, which offers a walking trail, boat tours, and paddleboarding in the summer. Indoor activities are easily accessible downtown, such as the Fort Wayne Museum of Art and events at the Allen County Public Library. The city hosts several large events annually, including the Three Rivers Festival, the Festival of Trees, and the Johnny Appleseed Festival.
Michigan Avenue is two miles from downtown employers and seven miles from Fort Wayne International Airport. The neighborhood is a bit distant from Interstates 69 and 469 but close to Lafayette Street, a major downtown thoroughfare. Schools in the area include Fairfield Elementary, Kekionga Middle School, and South Side High School, which have average ratings.
Frequently Asked Questions
Is Michigan Avenue a good place to live?
Michigan Avenue is a good place to live. Michigan Avenue is considered somewhat walkable and bikeable with some transit options. Michigan Avenue is a suburban neighborhood. Michigan Avenue has 6 parks for recreational activities. It is somewhat dense in population with 9.2 people per acre and a median age of 33. The average household income is $62,772 which is below the national average. College graduates make up 16.4% of residents. A majority of residents in Michigan Avenue are renters, with 57.3% of residents renting and 42.7% of residents owning their home. A
local real estate agent serving Michigan Avenue can help you decide if this neighborhood is the right one for you. Learn more on our
Michigan Avenue neighborhood guide.
Is Michigan Avenue, IN a safe neighborhood?
Michigan Avenue, IN is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Michigan Avenue?
The median home price in Michigan Avenue is $484,945. If you put a 20% down payment of $97,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,510 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Michigan Avenue. The average household income in Michigan Avenue is $63K.
What are the best public schools in Michigan Avenue?
The best public schools that serve Michigan Avenue are:
What are the best private schools in Michigan Avenue?
The best private schools that serve Michigan Avenue are:
What are the most popular zip codes in Michigan Avenue, Fort Wayne, IN?
What are the most popular neighborhoods near Michigan Avenue, Fort Wayne, IN?
Are home prices dropping in Michigan Avenue?
Yes, home prices in Michigan Avenue are down 9% in the last 12 months.
Home Trends in Michigan Avenue, IN
On average, homes in Michigan Avenue, Fort Wayne sell after 105 days on the market compared to the national average of 70 days. The median sale price for homes in Michigan Avenue, Fort Wayne over the last 12 months is $442,700, up 31% from the median home sale price over the previous 12 months.
Median Sale Price
$442,700
Median Single Family Sale Price
$509,990
Median Townhouse Sale Price
$272,990
Average Price Per Sq Ft
$178
Number of Homes for Sale
0
Last 12 months Home Sales
14
Median List Price
$484,945
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
31%