$145,117Average Value$115Average Price per Sq Ft6Homes 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.
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Five Points Demographics and Home Trends
On average, homes in Five Points, Fort Wayne sell after 16 days on the market compared to the national average of 53 days. The median sale price for homes in Five Points, Fort Wayne over the last 12 months is $150,000, up 30% from the median home sale price over the previous 12 months.
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Welcome to this charming 2-bedroom, 1-bath ranch located in a quiet neighborhood just minutes from downtown. This open-concept home offers flexibility for any lifestyle. A welcoming covered front porch with plenty of room for seating leads you into the open-concept living, dining, and kitchen areas. Continue down the hall to find two spacious bedrooms and two full baths, with a convenient
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