Why Live in Wanamaker
Wanamaker, located in the southeast area of Indianapolis, is a neighborhood known for its strong community spirit and small-town feel within a larger city. Southeastern Avenue serves as the neighborhood's Main Street, featuring a mix of long-standing businesses and new establishments that support local traditions and youth sports leagues. The area offers a variety of home styles, including midcentury ranches and Dutch Colonial farmhouses, alongside newer constructions with Craftsman features. Residents enjoy outdoor amenities at nearby parks like Wildwood Park, which has unique play structures and a splash pad, and Wolf Run Park, which offers a paved path and picnic shelter. Wanamaker hosts several community events, such as the annual Old Settlers Day street fair and Franklin Central High School's homecoming parade. The neighborhood's schools, part of the Franklin Township Community School Corporation, are highly rated, with options like South Creek Elementary, Kitley Intermediate School, and Franklin Central High, all within four miles. Local shops and restaurants along Southeastern Avenue, such as Wanamaker Flower Shoppe and New Bethel Ordinary, provide essential services and dining options. While public transportation is not available, Southeastern Avenue and nearby Interstate 74 offer convenient routes for commuting. Wanamaker is safer than the national average, making it a practical choice for families and individuals seeking a community-focused environment.
Frequently Asked Questions
Is Wanamaker a good place to live?
Wanamaker is a good place to live, receiving 4.0 stars from its residents. Wanamaker is considered very car-dependent and somewhat bikeable with minimal transit options. Wanamaker is a suburban neighborhood. Wanamaker has 5 parks for recreational activities. It is sparse in population with 2.5 people per acre and a median age of 35. The average household income is $84,732 which is below the national average. College graduates make up 23.9% of residents. A majority of residents in Wanamaker are home owners, with 39.6% of residents renting and 60.4% of residents owning their home. A
local real estate agent serving Wanamaker can help you decide if this neighborhood is the right one for you. Learn more on our
Wanamaker neighborhood guide.
How much do you need to make to afford a house in Wanamaker?
The median home price in Wanamaker is $354,950. If you put a 20% down payment of $71,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,770 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Wanamaker. The average household income in Wanamaker is $85K.
What are the best public schools in Wanamaker?
The best public schools that serve Wanamaker are:
What are the best private schools in Wanamaker?
The best private schools that serve Wanamaker are:
What are the most popular zip codes in Wanamaker, Indianapolis, IN?
What are the most popular neighborhoods near Wanamaker, Indianapolis, IN?
Are home prices dropping in Wanamaker?
Yes, home prices in Wanamaker are down 8% in the last 12 months.
Home Trends in Wanamaker, IN
On average, homes in Wanamaker, Indianapolis sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Wanamaker, Indianapolis over the last 12 months is $340,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$340,000
Median Single Family Sale Price
$347,500
Median Townhouse Sale Price
$294,749
Median 2 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
6
Last 12 months Home Sales
48
Median List Price
$354,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-7%