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Five Points

Five Points

Suburban Neighborhood in Fort Wayne, Indiana

Allen County 46808
$150,295 Average Value
$106 Average Price per Sq Ft
1 Home For Sale

Five Points offers a suburban lifestyle near popular city attractions

If you want to be close to Downtown Fort Wayne but prefer a classic suburban feel, the Five Points neighborhood checks a lot of boxes. It's only 2 miles from the heart of the city, yet it offers lower housing prices that are accessible to first-time buyers. You're also near outdoor recreation, including the 340 acres of Franke Park, the Fort Wayne Zoo and much more.

Residents are a short drive to Fort Wayne's Downtown Landing.
Residents are a short drive to Fort Wayne's Downtown Landing.
Families enjoy a nice quiet day at the Fort Wayne Children's Zoo.
Families enjoy a nice quiet day at the Fort Wayne Children's Zoo.
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Near green spaces and Fort Wayne attractions

Just north of the neighborhood is Franke Park, a 340-acre green space anchored by Shoaff Lake. It’s popular for its playground, lakeside trails and fishing spots along the water. The acreage here is also home to the Fort Wayne Zoo and the Foellinger Theater, a covered, open-air theater set on a grassy hillside. Year-round events include a summer concert series and performances.

Several attractions in Downtown Fort Wayne include:

  • The Fort Wayne Museum of Art, featuring hundreds of artworks and continuous exhibits
  • Parkview Field, a baseball stadium where the local TinCaps play
  • Foellinger-Freimann Botanical Conservatory, a gorgeous destination to enjoy nature
"Riverfront and downtown development in the last few years has been really exciting to see, and it's going to be even cooler to see what happens in five to 10 years," says Realtor Travis Striggle, with Mike Thomas Associates, who has nearly a decade of experience selling homes. "There are plenty of things that draw people downtown."

Five Points residents can fish at Franke Park's Shoaff Lake.
Five Points residents can fish at Franke Park's Shoaff Lake.
The Fort Wayne Children's Zoo is within walking distance of the neighborhood.
The Fort Wayne Children's Zoo is within walking distance of the neighborhood.
The Franke Park playground is a popular destination for local families.
The Franke Park playground is a popular destination for local families.
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Renovated homes in a quiet neighborhood

In Five Points, you’ll find quiet residential streets, narrow sidewalks, the shade of oak trees and a laid-back suburban feel. Most houses here were built in the early to mid-20th century in styles that range from small bungalows and workers' cottages to modest ranch-style homes. “It’s just an affordable area with older homes that are a little bit on the smaller side,” says Warren Barnes, a team leader and associate broker with North Eastern Group Realty. Properties under 1,000 square feet that need repairs can easily sell for under $100,000. For the most part, though, prices start in the low $100,000s and go up to the high $100,000s, depending on the amount of renovation needed.

This row of homes in Fort Wayne's Five Points shows the many styles of architecture available.
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 residents to relax.
Large front porches provide a shady spot for residents to relax.
Pride in ownership is on full display with this Five Points cottage.
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 living in Five Points attend schools in the Fort Wayne Community School System. The neighborhood is zoned to Franke Park Elementary School, Northwood Middle School and North Side High School. Indiana offers school choice within a district, so families can apply to a specific school for their child during the open enrollment period.

Neighborhood children may attend Franke Park Elementary.
Neighborhood children may attend Franke Park Elementary.
North Side High School shows off its beautiful architecture to Fort Wayne residents.
North Side High School shows off its beautiful architecture to Fort Wayne residents.
Neighborhood children may attend Northwood Middle School.
Neighborhood children may attend Northwood Middle School.
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Fort Wayne's Citilink bus system services the Five Points area.
Fort Wayne's Citilink bus system services the Five Points area.

Getting around Five Points and downtown Fort Wayne

Most people who live in Five Points get around by car, but the Citilink bus is a convenient way to get to downtown Fort Wayne. Striggle points out that they run buses daily on a frequent schedule. There are two stops along Sherman Boulevard, which runs north to south through the neighborhood. Getting to the city center on two wheels is another option. “A lot of people like to bike the commute because it’s so close to downtown amenities,” Hale says.

Where to run errands and enjoy local eats

The dining scene in Five Points is very casual, with locally owned spots like King Gyros and Mo’s Tacos alongside several chain restaurants. When you need to run errands, you can head to Northcrest Shopping Center and Glenbrook Square Mall, both just outside of the neighborhood. Each center features major retailers, including Petco and Target, as well as grocery chains like Kroger and Aldi.

The Fort Wayne Museum of Art is a cultural hot spot 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.
The best shopping in the city is close for Five Points residents.
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Kaitie Lamb
Written By
Kaitie Lamb
Travis Patton
Photography Contributed By
Travis Patton
Lucas Dyke
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Lucas Dyke

Agents Specializing 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

Parks in this Area

Transit

Airport

Fort Wayne International

23 min drive

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Five Points US
Homicide 5 4
Sexual Assault 4 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
471
Number of Homes for Sale
1
Median Year Built
1940
Months of Supply
0.50
Average Single Family Home Size Sq Ft
1,333
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
1,884
Median Lot Size Sq Ft
10,890

Distribution of Home Values

Source: Public Records

Homes for Sale

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
$79,601
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

Moderately friendly

Bike Score®

60 / 100

Fairly friendly

Walk Score®

50 / 100

Somewhat friendly

Transit Score®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Five Points
Nicholas Krauter
Schrader RE and Auction/Fort W
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