$138,443Average Value$106Average Price per Sq Ft2Homes For Sale
Five Points is where Downtown amenities meet wooded suburbs
Fort Wayne has its fair share of wooded suburbs, but few are so close to Downtown, major parks and a zoo. Franke Park and the Fort Wayne Children’s Zoo, both less than half a mile northwest, go hand in hand. A day exploring the animal exhibits could warrant a stroll through the park afterwards, or vice versa. Indoor attractions, such as the Fort Wayne Museum of Art, are two miles away Downtown. “It’s pretty centrally located without being too close to Downtown,” says Realtor Tracy Hale of Century 21 Bradley Realty. The neighborhood also benefits from multiple Citilink bus stops along Sherman Boulevard. “Getting anywhere in Fort Wayne is easy from here,” says Hale. On top of that, Five Points home buyers will save thousands of dollars settling down in this competitively priced suburb as an alternative to Downtown.
Fort Wayne's Five Points is conveniently located close to parks and shopping.
Residents of Five Points are a short drive to Fort Wayne's Downtown Landing.
This aerial view shows the tight knit community of Five Points.
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A day fishing on Shoaff Lake or exploring the Zoo
Five Points residents are within walking distance to outdoor fun. Franke Park, located just north of the neighborhood, is a 340-acre green space anchored by Shoaff Lake. Folks can wander around the lakeside trails or stop to cast a line for rainbow trout and yellow bullhead. Speaking of animals, the park is also home to the Fort Wayne Children’s Zoo. “The Zoo is going to be your biggest attraction in the 46808 zip code,” says Barnes. Aside from general admission, it has special pay-per-ride attractions like a crocodile creek adventure and an endangered species carousel for kids. Visitors can also feed giraffes and stingrays alongside farm animals. In the summertime, kids may attend Franke Park’s day camp. Ages four to 18 are welcome Monday through Friday during June and July. Set on the grassy hillside of Franke Park, Foellinger Theater is a covered open-air theater that entertains the community with year-round events, such as summer concert series and performances. “The venue puts on theater shows and plays and will have some pretty well-known bands come through,” says Hale.
Five Points residents can fish at Franke Park's Shoaff Lake.
The Fort Wayne Children's Zoo is within walking distance of Five Points.
The Franke Park playground is a popular destination for Five Points families.
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Simple, neat homes priced well below the national average
Time-worn, gridded residential streets are punctuated with tall, mature trees amid sparse and narrow sidewalks. Lots are small, featuring homes built in the early to mid-1900s. Buyers can expect to find cozy bungalows, established worker’s cottages, and modest, minimalistic ranch-style homes. The typical layout is two to three bedrooms and one bathroom. “It’s just an affordable area with older homes that are a little bit on the smaller side,” says Warren Barnes, Team Leader and Associate Broker with North Eastern Group Realty. Though some of the more established builds may require attention and care, smaller homes at the lower price point can be between 600 to 1,000 square feet, fetching as little as $55,000. On the opposite end, homes spanning over 2,000 square feet with recent updates and remodeling sell for $150,000. The median single-family home price is $113,000 here, compared to the Downtown area’s median figure of $200,000. On average, most homes in Five Points sell after only ten days on the market.
This row of homes in Fort Wayne's Five Points shows the many styles of architecture available.
Large front porches provide a shady spot for Five Points residents to relax.
Pride in ownership is on full display with this Five Points cottage.
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Students enroll in the Fort Wayne Community School System
Students attend classes within the Fort Wayne Community School System. Pre-kindergarten through fifth-grade students can attend Franke Park Elementary School, rated C-plus by Niche. Students then attend Northwood Middle School, which gets a C overall. At Northwood Middle, sixth through eighth graders have the chance to learn from NASA professionals through their NASA Explorer program. High schoolers in Five Points commute about five minutes across the St. Joseph River to North Side High School, which gets a B-minus from Niche.
Neighborhood Children may attend Franke Park Elementary.
North Side High School shows off it's beautiful architecture to Fort Wayne residents.
Neighborhood children may attend Northwood Middle School.
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Fort Wayne's Citilink bus system services the Five Points area.
Getting around Five Points and commuting into Downtown Fort Wayne
Most people who live in Five Points get around by car, but the Citilink bus is a convenient alternative for accessing Downtown. There are two stops along Sherman Boulevard, which runs north to south through the neighborhood. After boarding from one of these stops, the 2.4-mile commute into Fort Wayne takes about 23 minutes during morning rush hour or otherwise. There is one final method of getting around open to residents because Downtown is so close. “A lot of people like to bike the commute because it’s so close to downtown amenities,” says Hale.
Fetching groceries or a bite to eat in Five Points
Downtown Fort Wayne features a vast mix of attractions, restaurants and shops no more than two miles away from Five Points. Baseball fans can catch a TinCaps game at Parkview Stadium. A more lowkey afternoon can be spent perusing the Fort Wayne Museum of Art’s gallery or stopping for a cocktail along Columbia Street. The dining scene in Five Points is largely casual, with locally owned joints like King Gyros and Mo’s Tacos offering a quick bite. For retail needs, Northcrest Shopping Center and Glenbrook Square Mall are just northeast of the community, as are Macy's and HomeGoods. Locals get fresh groceries from Kroger, Target, or Fresh Thyme Market.
Mo's Tacos serves delicious take out in the Five Points area.
Marquee, on The Landing, is a great option for food and drinks for Five Points residents.
The Fort Wayne Museum of Art is a cultural hot spot for Five Points residents.
The best shopping in the city is close for Five Points residents.
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
Interested in learning more about homes in this area?
Reach out to
Nicholas Krauter,
an experienced agent in this neighborhood.
Parks in this Area
Vesey Park
Franke Park
Franke Park Day Camp
Lawton Park
Baseball/Softball
Skateboard
Trails
Griswold Park
Playground
Hamilton Park
Transit
Airport
Fort Wayne International
23 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Five Points
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Five Points, Fort Wayne sell after 12 days on the market compared to the national average of 47 days. The average sale price for homes in Five Points, Fort Wayne over the last 12 months is $139,100, up 28% from the average home sale price over the previous 12 months.
Loads of potential in this downtown bungalow close to Franke Park, West State shopping, Foellinger Theatre, and the Fort Wayne Zoo! The main level offers a living and dining space, plus a large breakfast area off of the kitchen. There are 2 bedrooms and a full bath, that includes a laundry chute to the basement. Upstairs, you will find a huge finished bonus space that can be used as a 3rd
Come take a look at this 2 bedroom - 2 bathroom move in ready home, ideally located near the Zoo and downtown amenities. Many recent updates including furnace, interior/exterior paint, flooring, bathroom updates, and so much more.
Vacant Lot on Sherman Blvd, approximately 0.32 of an Acre. located nearby entrance of Foellinger theater and Fort Wayne Children's Zoo. There are two parcels connected to this property. All remarks, comments and measurements are considered to be true and accurate. It is the responsibility of the Buyer and Buyers Agent to confirm.
2 bedroom Townhouse by the Fort Wayne Children’s Zoo on the Northwest side. Private entrance. Huge living room/dining room combo. Wood grain laminate throughout the first floor and upper level. Kitchen has tons for counter space. Two identical large bedrooms upstairs, both with walk in closets and vaulted ceilings. Washer and Dryer is provided and located on the second floor just steps from your
2 bedroom Townhouse by the Zoo on the Northwest side. Private entrance. Huge living room/dining room combo. Wood grain laminate throughout the first floor, with wood grain laminate on the upper level also. Kitchen has tons for counter space and storage. Gas stove and a dishwasher. Two identical large bedrooms upstairs, both with walk in closets and vaulted ceilings. Washer and Dryer is provided
2 bedroom Townhouse by the Zoo on the Northwest side. Private entrance. Huge living room/dining room combo. Kitchen has tons for counter space and storage. Gas stove and a dishwasher. Two identical large bedrooms upstairs, both with walk in closets and vaulted ceilings. Washer and Dryer is provided and located on the second floor just steps from your closet. Central Air Conditioning. Built in the
Interested in learning more about homes in this area?
Reach out to
Nicholas Krauter,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,264
Median Age
36
Population Density
6 ppl/acre
Population under 18
25.7%
On par with the national average
23.8%
Population over 65
13.7%
Below the national average
19.1%
Finances
Median Household Income
$42,749
Significantly below the national average
$71,702
Average Household Income
$55,237
Education and Workforce
High School Graduates
83.7%
College Graduates
18.9%
Below the national average
34.1%
Advanced Degrees
6.2%
Below the national average
13.3%
% Population in Labor Force
70.8%
Weather
Annual Precipitation
39''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''
Area Factors
Somewhat Bikeable
Bike Score®
43/ 100
Somewhat Walkable
Walk Score®
61/ 100
Some Transit
Transit Score®
37/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
