Why Live in Monarch Park
Monarch Park is a serene suburban neighborhood in Fort Wayne, located just 5 miles from downtown and 20 miles from the Indiana-Ohio border. The area is characterized by its large, lush trees and well-kept sidewalks, making it ideal for walking. Residents often visit the nearby Georgetown Square shopping center and J Wilbur Elementary School. The neighborhood is also close to an extensive trail system and a large city park, promoting an active lifestyle. Homes in Monarch Park include two-story houses, tri-level homes with mixed brick and siding facades, sprawling ranch-style dwellings, and federal-style homes. The market is competitive, especially for homes priced at $250,000 and under. Kreager Park, just over 2 miles away, offers amenities such as fitness equipment, a soccer field, tennis courts, a playground, and access to the 26-mile Rivergreenway trail. Bristers Spring Park, a smaller neighborhood park, is just over 1 mile away. Georgetown Square, less than 1 mile away, provides shopping and dining options, including Kroger, Dollar General, JJ's Antiques, Cap n' Cork, and reNEW. Local dining favorites include Ziffles Rib Bar, Jeff's Coney, and Dicky's 21 Taps. Major roads like U.S. Route 30 and Indiana State Route 930 provide easy access to Fort Wayne International Airport, 14 miles away, and public transit is available through the Fort Wayne Citilink Bus system. The neighborhood is well-connected and offers a variety of attractions for residents.
Frequently Asked Questions
Is Monarch Park a good place to live?
Monarch Park is a good place to live. Monarch Park is considered car-dependent and somewhat bikeable with some transit options. Monarch Park is a suburban neighborhood. Monarch Park has 7 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 36. The average household income is $56,347 which is below the national average. College graduates make up 50.3% of residents. A majority of residents in Monarch Park are renters, with 52.2% of residents renting and 47.8% of residents owning their home. A
local real estate agent serving Monarch Park can help you decide if this neighborhood is the right one for you. Learn more on our
Monarch Park neighborhood guide.
Is Monarch Park, IN a safe neighborhood?
Monarch 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 Monarch Park?
The median home price in Monarch Park is $202,400. If you put a 20% down payment of $40,500 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Monarch Park. The average household income in Monarch Park is $56K.
What are the best public schools in Monarch Park?
The best public schools that serve Monarch Park are:
What are the most popular zip codes in Monarch Park, Fort Wayne, IN?
What are the most popular neighborhoods near Monarch Park, Fort Wayne, IN?
Are home prices dropping in Monarch Park?
Yes, home prices in Monarch Park are down 13% in the last 12 months.
Home Trends in Monarch Park, IN
On average, homes in Monarch Park, Fort Wayne sell after 13 days on the market compared to the national average of 51 days. The median sale price for homes in Monarch Park, Fort Wayne over the last 12 months is $185,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$185,000
Median Single Family Sale Price
$201,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
1
Last 12 months Home Sales
3
Median List Price
$202,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%