Why Live in Old Silk Stocking
Old Silk Stocking in Kokomo, Indiana, is a historic neighborhood located just west of Downtown Kokomo. Known for its architectural diversity, the area features Victorian-era homes, including bungalows, Colonial Revivals, Romanesque Revivals, Tudor Revivals, and Queen Annes. The neighborhood is listed on the National Register of Historic Places, adding to its charm. Foster Park, situated on the north banks of Wildcat Creek, is a central attraction, hosting city events, a summer concert series, and the annual Haynes Apperson Festival. The park also includes the Kokomo Arts Pavilion, sports courts, and a skate park. Nearby, UCT Baseball Park offers Little League diamonds. Residents enjoy proximity to local businesses such as Sun King Brewery, Missy’s Family Restaurant, and Big Ben Coffee. A triangle of pizzerias—Oscar’s, Bruno’s, and Pizza King—are conveniently located across the street. The Rhum Academy of Music provides music lessons and art classes, while a Kroger on Kokomo’s West Side serves as the nearest supermarket. The neighborhood is pedestrian and bike-friendly, with public transit available via the Kokomo City Trolley Blue Line. Despite a significant flood in 2013, Old Silk Stocking was largely spared. Schools in the area include Pettit Park Elementary, Bon Air Middle, Sycamore Elementary, Maple Crest Middle, and Central Middle School, with varying ratings.
Frequently Asked Questions
Is Old Silk Stocking a good place to live?
Old Silk Stocking is a good place to live. Old Silk Stocking is considered somewhat walkable and very bikeable. Old Silk Stocking has 3 parks for recreational activities. It is somewhat dense in population with 9.7 people per acre and a median age of 41. The average household income is $97,609 which is above the national average. College graduates make up 35.3% of residents. A majority of residents in Old Silk Stocking are renters, with 50.8% of residents renting and 49.2% of residents owning their home. A
local real estate agent serving Old Silk Stocking can help you decide if this neighborhood is the right one for you. Learn more on our
Old Silk Stocking neighborhood guide.
Is Old Silk Stocking, IN a safe neighborhood?
Old Silk Stocking, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Old Silk Stocking?
The median home price in Old Silk Stocking is $612,000. If you put a 20% down payment of $122,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,170 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $136K a year to afford the median home price in Old Silk Stocking. The average household income in Old Silk Stocking is $98K.
What are the best public schools in Old Silk Stocking?
The best public schools that serve Old Silk Stocking are:
What are the best private schools in Old Silk Stocking?
The best private schools that serve Old Silk Stocking are:
What are the most popular zip codes in Old Silk Stocking, Kokomo, IN?
What are the most popular neighborhoods near Old Silk Stocking, Kokomo, IN?
Home Trends in Old Silk Stocking, IN
On average, homes in Old Silk Stocking, Kokomo sell after 68 days on the market compared to the national average of 70 days. The median sale price for homes in Old Silk Stocking, Kokomo over the last 12 months is $495,000, up 120% from the median home sale price over the previous 12 months.
Median Sale Price
$495,000
Median Single Family Sale Price
$599,500
Average Price Per Sq Ft
$205
Number of Homes for Sale
4
Last 12 months Home Sales
11
Median List Price
$612,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
120%