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South Suburban Home for Sale

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    $35,000

    • Land
    • 0.28 Acre
    • $126,399 per Acre

    1319 Farwood Ave, Fort Wayne, IN 46816

    Buildable land ready for your buyer !! great land for a buyer who wants to build their dream home.

    Ham Za Uptown Realty Group

    1319 Farwood Ave, Fort Wayne, IN 46816

Why Live in South Suburban

South Suburban in Fort Wayne offers a suburban lifestyle with proximity to city amenities. The neighborhood features a mix of new builds and older homes, including ranch-style, contemporary, bungalow, and foursquare houses. Newer homes are typically on small, manicured lots in planned communities, while older homes often sit on larger grounds. The real estate market is active, with homes typically selling within 10 days. For shopping and recreation, residents can visit nearby neighborhoods or downtown Fort Wayne, which is less than 5 miles away. Local highlights include Tillman Park, featuring a playground, ball fields, pickleball courts, and a disc golf course, and The Yard, a small community park with murals and pavilions. The 26-mile Rivergreenway trail is accessible from Tillman Park, providing ample walking and biking opportunities. Donald Ross Golf Club, recently acquired by Indiana Tech, offers a 9-hole course with plans for expansion. Dining options include Halal eateries like Aladdin Food Express, and shopping needs can be met at Southgate Plaza, 2 miles away, or nearby stores like Aldi and Dollar General. Downtown Fort Wayne, 4.4 miles away, hosts various events and festivals. U.S. Route 27 and Interstate Highway 469 provide easy access to downtown and beyond, while Fort Wayne International Airport is 7 miles away. Public transportation is available via Citilink buses along major roads.

Frequently Asked Questions

Is South Suburban a good place to live?
South Suburban is a good place to live. South Suburban is considered very car-dependent and somewhat bikeable with some transit options. South Suburban is a suburban neighborhood. South Suburban has 6 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 31. The average household income is $31,368 which is below the national average. College graduates make up 5.1% of residents. A majority of residents in South Suburban are renters, with 65.3% of residents renting and 34.7% of residents owning their home. A local real estate agent serving South Suburban can help you decide if this neighborhood is the right one for you. Learn more on our South Suburban neighborhood guide.
How much do you need to make to afford a house in South Suburban?
The median home price in South Suburban is $516,000. If you put a 20% down payment of $103,200 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $114K a year to afford the median home price in South Suburban. The average household income in South Suburban is $31K.
What are the best public schools in South Suburban?
The best public schools that serve South Suburban are:
What are the best private schools in South Suburban?
The best private schools that serve South Suburban are:
What are the most popular zip codes in South Suburban, Fort Wayne, IN?
The most popular zip codes in South Suburban, Fort Wayne, IN include 46816, 46806, 46807, 46819 and 46815.
What are the most popular neighborhoods near South Suburban, Fort Wayne, IN?
The most popular neighborhoods near South Suburban, Fort Wayne, IN are Hillcrest, Pettit-Rudisill, Lincolnshire, Adams Township and Fairfield Terrace/Belmont.
Are home prices dropping in South Suburban?
Yes, home prices in South Suburban are down 44% in the last 12 months.

Home Trends in South Suburban, IN

Housing Trends

Median Sale Price
$193,000
Median Single Family Sale Price
$511,000
Average Price Per Sq Ft
$292
Number of Homes for Sale
1
Last 12 months Home Sales
1
Months of Supply
12.00
Median List Price
$516,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-34%
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