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Cumberland

Cumberland

Located in Hancock County

$298,675 Average Value
$159 Average Price per Sq Ft
41 Homes For Sale

A close-knit community east of Indianapolis

Drive to the far east side of Indy to find Cumberland, a suburb of 6,000 residents that has a small-town feel with all the amenities the city has to offer. While the town has dozens of restaurants and shops and easy access to both Greenfield and Indy, it’s the town’s caring and engaged residents that make Cumberland feel like home. “It’s very welcoming. I love that I can go anywhere within 15 miles of home and I can see a familiar face,” says Joni Curtis, the town historian and sixth-generation resident. “If you go into Meijer, people are talking to the person behind them, and some of them are having in-depth conversations. It’s people that don’t even know each other; it’s like there’s no strangers in town.”

Bonding over breakfast at Sero's Restaurant

Residents can start their day with a raspberry beret latte from The GREEN Bean, a sustainable coffee shop that features art and gifts from 20 local vendors, before going to Meijer, Walmart or Kroger for groceries. The town has plenty of fast food and franchise dining options, but locals know there is one restaurant that stands out above the rest. “Whoever you talk to is going to mention Sero’s Restaurant. It’s kind of the centerpiece and gathering place of our town,” Curtis says. “There’s a group of people that come in every morning and have breakfast together. And if they see someone come in by themselves for a couple of mornings, they’re like, ‘No, no, come and sit with us.’ That kind of tells you the whole flavor of Cumberland.”

New housing developments in Hancock County

Legislation prevents Cumberland from expanding further into Marion County, so development has flourished on the Hancock County side of town, where new subdivisions and apartment communities are on the rise. An existing 3-bedroom ranch or split-level with shady trees near the heart of town can range from under $200,000 to $375,000. Homes in a new housing development can cost around $350,000, according to Tamika Patterson, a Realtor with AMR Real Estate. Houses in a new covenant-controlled subdivision like Grant’s Corner can range from $250,000 for a paired villa to $440,000 for a five-bedroom new traditional home.

Three school districts to choose from

Given its unique location between two counties and three townships, students can go to schools in three separate districts. However, Curtis says many students attend schools in the Mt. Vernon Community School Corporation. Students can start at Mt. Comfort Elementary School, which receives a B-plus from Niche, before heading to the B-plus rated Mt. Vernon Middle School. From there, teens can progress to B-rated Mt. Vernon High School, which offers a state-of-the-art computer modeling and animation lab, plus a modern video production studio where students produce live news and entertainment segments for the school's television program.

Hike the Pennsy Trail

Cumberland’s park system includes three parks, two trails and a “pocket park” with green space along the old national road. Residents jog, hike and walk their dogs along the paved Pennsy Trail, one of Cumberland’s prized assets that follows the old Pennsylvania Railroad corridor. The trail was recently expanded to connect to Greenfield’s portion of the Pennsy Trail. The two basketball courts at National Road Park are almost always in use, and kids enjoy scrambling around the playground at Lions Park.

Only 10 miles from Indianapolis and Greenfield

U.S. Route 40, also known as Old National Road and Washington Street, is the town’s main thoroughfare and connects residents to Greenfield in the east and historic Irvington to the west. Cumberland is mostly car-dependent, although there are sidewalks and crosswalks throughout town. Those seeking alternative transportation can use the IndyGo bus line, which connects locals to the Indianapolis area. Cumberland is located 10 miles from downtown Indianapolis and 10 miles from downtown Greenfield. Residents have easy access to Interstate 465, and I-70 and I-74 are also within reach.

Year-round events in Cumberland

Cumberland hosts numerous events throughout the year, aiming to entertain as well as develop connections between neighbors and foster a sense of community. The Blues, Beer, & BBQ is an annual free concert series held on the last Saturday of each month from June through September. Residents face off against the Cumberland Police Department in the annual kickball tournament during Community Day, which is hosted by the police department and celebrated each August. Locals also look forward to Weihnachtsmarkt, a German winter market celebrating the town’s early German settlers.

Leslie Klosterman
Written By
Leslie Klosterman
Jonathan Fairfield
Photography Contributed By
Jonathan Fairfield
Anne Sheridan
Video By
Anne Sheridan

Interested in learning more about homes in this area? Reach out to Jeffrey Mitchell, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Cumberland Housing Trends

Housing Trends

Median List Price
$300,000
Median Sale Price
$329,900
Median Single Family Sale Price
$347,150
Median Townhouse Sale Price
$292,995
Median 2 Bedroom Sale Price
$281,087
Median Change From 1st List Price
3%
Last 12 months Home Sales
61
Median Home Sale Price YoY Change
17%
Average Price Per Sq Ft
$159

Neighborhood Facts

Number of Homes for Sale
41
Months of Supply
8.10

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Cumberland Has More Owners

Demographics

Total Population
5,509
Median Age
39
Population Density
5 ppl/acre
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
18.7%
On par with the national average
19.1%

Finances

Median Household Income
$78,505
Above the national average
$71,702
Average Household Income
$92,916

Education and Workforce

High School Graduates
96.2%
Above the national average
89.1%
College Graduates
27.5%
Advanced Degrees
9.8%
% Population in Labor Force
75.7%
Above the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

4 / 100

Minimal Transit

Transit Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Cumberland
Jeffrey Mitchell
Wise Choice Real Estate LLC
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