$244,900
- 3 Beds
- 1 Bath
- 1,464 Sq Ft
3060 S Shortridge Rd, Indianapolis, IN 46239
Bob Magiera
Hoosier, REALTORS®
(317) 836-2247
Frequently Asked Questions
Is Five Points a good place to live?
Five Points is a good place to live. Five Points is considered very car-dependent and somewhat bikeable with minimal transit options. Five Points is a suburban neighborhood. Five Points has 6 parks for recreational activities. It is fairly sparse in population with 3.6 people per acre and a median age of 32. The average household income is $87,911 which is below the national average. College graduates make up 30.2% of residents. A majority of residents in Five Points are home owners, with 28.7% of residents renting and 71.3% of residents owning their home. A local real estate agent serving Five Points can help you decide if this neighborhood is the right one for you. Learn more on our Five Points neighborhood guide.
How much do you need to make to afford a house in Five Points?
The median home price in Five Points is $425,000. If you put a 20% down payment of $85,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Five Points. The average household income in Five Points is $88K.
What are the best public schools in Five Points?
The best public schools that serve Five Points are:
- Franklin Central High School has an A- Niche grade, a student teacher ratio of 21:1 and an average review score of 3.9.
- Thompson Crossing Elementary School has an A- Niche grade and a student teacher ratio of 26:1.
- Franklin Central Junior High has a B+ Niche grade, a student teacher ratio of 20:1 and an average review score of 4.5.
What are the best private schools in Five Points?
The best private schools that serve Five Points are:
- Lutheran High School of Indianapolis has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 4.2.
- Nativity Catholic School has a student teacher ratio of 16:1.
- St. John Evangelical Lutheran School has a student teacher ratio of 18:1.
What are the most popular zip codes in Five Points, Indianapolis, IN?
What are the most popular neighborhoods near Five Points, Indianapolis, IN?
The most popular neighborhoods near Five Points, Indianapolis, IN are Poplar Grove, Southeast Indianapolis, Raymond Park, Wanamaker and Southeast Warren.
