4

Fairlawn Homes for Sale

Section Image
  • /2

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    1330 S Jay St, Kokomo, IN 46902

    Charming and well-maintained duplex offering immediate income potential with both units fully occupied. Each unit features 1 spacious bedroom, a full bathroom, and an open concept kitchen and living space. Total electric. Tenants pay for electricity. Owner pays w/s/t and lawncare. Roof replaced in 2024.

    Audra Cannon CRM Properties, Inc

    1330 S Jay St, Kokomo, IN 46902
  • /36

    $67,500

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    1033 S Locke St, Kokomo, IN 46902

    Owners change of heart is your opportunity! Two homes and a 2 car detached garage all on one lot! Main home is a character-filled older home that offers 2 bedrooms, 1 full bath, a front living room, and a dedicated dining room-perfect for everyday living and entertaining. Walk-up attic access offers the potential for another bedroom. Had been finished and used at one time, pictures include this

    Kari Blevins Coldwell Banker Real Estate Group

    1033 S Locke St, Kokomo, IN 46902
  • /10

    $105,000

    • 2 Beds
    • 1 Bath
    • 572 Sq Ft

    1228 S Jay St, Kokomo, IN 46902

    Remodeled, 2-bedroom, 1 Bath home. This adorable home is welcoming when you walk in and is perfect for a first-time buyer, single family or someone looking to downsize. Outside you will find a nice-sized backyard and a covered front porch, perfect to sit on in the evenings and enjoy fresh air. Conveniently located to shopping areas, downtown Kokomo and IUK. Home is move in ready. Recent updates

    Shelly Brafford RE/MAX Realty One

    1228 S Jay St, Kokomo, IN 46902
  • /13

    $143,500

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 572 Sq Ft

    1329 S Locke St, Kokomo, IN 46902

    This completely updated 2 bed/1bath home is the perfect starter home or perfect for downsizing. With everything completed, you will have peace of mind while you enjoy being close to everything you need! Conviently located, you are just minutes from hospitals, schools, restraunts, shopping, and more. The open concept is perfect for entertaining and the back yard is great for spending time

    Susan Cone True Realty

    1329 S Locke St, Kokomo, IN 46902

Why Live in Fairlawn

Fairlawn is a south Kokomo neighborhood steeped in history. Many homes here date back to the 1910s and 1920s, and the neighborhood contains the site where the Haynes Automobile Company produced the first commercially successfuly American cars. Fairlawn features century-old bungalows and Craftsman-style houses alongside ranch-style homes from the 1980s and 1990s. Move-in ready homes sell for between $65,000 and $180,000. Located near Chrysler and GM plants, the neighborhood is also within easy commuting distance of the upcoming Stellantis-Samsung battery plants. Public transit is available via the Kokomo City Trolley Blue and Red Lines. The Industrial Heritage Trail is a 5-mile path popular for walking, jogging and biking. Meridian Park offers a playground and basketball court, while Kokomo Municipal Stadium and Kokomo Beach Family Aquatic Center additional recreation options. Local dining includes Barker’s B&K, a vintage drive-in, and Kokomo Ale House, known for its burgers. Nearby shopping options include Aldi, Meijer, Target and Walmart. Local public schools include Elwood Haynes Elementary and Maple Crest Middle School, with additional options like Sycamore Elementary and Central Middle School, both International Baccalaureate schools.

Frequently Asked Questions

Is Fairlawn a good place to live?
Fairlawn is a good place to live. Fairlawn is considered somewhat walkable and bikeable. Fairlawn has 4 parks for recreational activities. It is somewhat dense in population with 6.8 people per acre and a median age of 36. The average household income is $34,597 which is below the national average. College graduates make up 7.9% of residents. A majority of residents in Fairlawn are renters, with 61.6% of residents renting and 38.4% of residents owning their home. A local real estate agent serving Fairlawn can help you decide if this neighborhood is the right one for you. Learn more on our Fairlawn neighborhood guide.
Is Fairlawn, IN a safe neighborhood?
Fairlawn, IN is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Fairlawn?
The median home price in Fairlawn is $115,000. If you put a 20% down payment of $23,000 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Fairlawn. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fairlawn is $35K.
What are the best public schools in Fairlawn?
The best public schools that serve Fairlawn are:
What are the best private schools in Fairlawn?
The best private schools that serve Fairlawn are:
What are the most popular zip codes in Fairlawn, Kokomo, IN?
The most popular zip codes in Fairlawn, Kokomo, IN include 46902, 46901, 46068, 46979 and 46932.
What are the most popular neighborhoods near Fairlawn, Kokomo, IN?
The most popular neighborhoods near Fairlawn, Kokomo, IN are Old Silk Stocking, Country Club Hills, Bon Air, Indian Heights and Wildcat.

Home Trends in Fairlawn, IN

Housing Trends

Median Sale Price
$115,000
Median Single Family Sale Price
$115,000
Average Price Per Sq Ft
$104
Number of Homes for Sale
3
Last 12 months Home Sales
26
Months of Supply
1.40
Median List Price
$115,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home