Why Live in Monarch Park
Monarch Park is a quiet suburban neighborhood in east Fort Wayne, located about 5 miles from downtown and 20 miles from the Indiana-Ohio border. The community's streets are lined with mature trees and well-kept sidewalks, making it perfect for walking. 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. Locals can pick up groceries and do a bit of shopping at the nearby Georgetown Square shopping center, which is home to the local Kroger, Dollar General, JJ's Antiques, Cap n' Cork and reNEW. Popular eateries in the area include Ziffles Rib Bar, Jeff's Coney and Dicky's 21 Taps. The neighborhood is also close to an extensive trail system and a large city park. Kreager Park has fitness equipment, a soccer field, tennis courts, a playground and connects to the 26-mile Rivergreenway trail. Bristers Spring Park, a smaller local park, is just over 1 mile away. U.S. Route 30 and Indiana State Route 930 provide easy access to Fort Wayne International Airport, roughly 14 miles away, while public transit is available through the Fort Wayne Citilink Bus system.
Frequently Asked Questions
Is Monarch Park a good place to live?
Monarch Park is a good place to live. Monarch Park is considered somewhat walkable and bikeable with minimal transit options. Monarch Park is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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 a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 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 $236,450. If you put a 20% down payment of $47,300 and had a 30-year fixed mortgage with an interest rate of 6.51%, your estimated principal and interest payment would be $1,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Monarch Park. Learn how much home you can afford with our
Home Affordability Calculator. 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?
Home Trends in Monarch Park, IN
On average, homes in Monarch Park, Fort Wayne sell after 57 days on the market compared to the national average of 58 days. The median sale price for homes in Monarch Park, Fort Wayne over the last 12 months is $236,500, up 33% from the median home sale price over the previous 12 months.
Median Sale Price
$236,500
Median Single Family Sale Price
$236,500
Average Price Per Sq Ft
$137
Number of Homes for Sale
0
Last 12 months Home Sales
6
Median List Price
$236,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
33%