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Spy Run

Spy Run

Suburban Neighborhood in Fort Wayne, Indiana

Allen County 46805

$146,189 Average Value
$83 Average Price per Sq Ft
3 Homes For Sale

An established neighborhood conveniently located in an "up-and-coming area"

Spy Run, located at the confluence of the St. Marys, St. Joseph and Maumee rivers, was around long before Fort Wayne became the growing Midwest metropolis it is today. The historic architecture and attractions found here are a reminder of the established neighborhood’s roots. Yet, residents also enjoy a location that not only provides plenty of waterfront recreation, but proximity to the city’s downtown, whose contemporary amenities form the heart of the city’s recent growth, which has been a catalyst for the rejuvenation of surrounding neighborhoods and historic business districts. Thus, Spy Run offers residents an intriguing blend of present and past. “That location is pretty sharp,” says Rick Fletcher, a Realtor with North Eastern Group Realty. “It’s an up-and-coming area, both because of all the downtown development and also because you are close to the Wells Street corridor and its improvements.”

The Spy Run neighborhood is on the north side of downtown Fort Wayne.
The Spy Run neighborhood is on the north side of downtown Fort Wayne.
The St. Joseph River runs along the east side of the Spy Run neighborhood.
The St. Joseph River runs along the east side of the Spy Run neighborhood.
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Affordability is the primary attraction

Highlighted by an eclectic collection of homes on tree-lined streets, homebuyers can find Victorian, American Foursquare, Colonial and Queen Anne architectural influences mingling together on a given block. Most neighborhood homes were built between the 1920s and 1940s, offer multiple stories and are priced between the mid-100,000s and high 200,000s. Renovated shotgun-style homes and minimalist traditional homes are among cozier options typically priced between $60,000 and $100,000. The average home value in Spy Run is $137,000. “The affordability factor has been a driving force for the neighborhood,” Fletcher says. “There aren’t many places in Fort Wayne where you can find a nice house for under $200,000, but this is one of them.” Occupancy is roughly split between owners and renters, and the median income of a little more than $45,000 is about 10 percent lower than the city average.

Many Spy Run homes feature front porches.
Many Spy Run homes feature front porches.
Homes like this traditional minimalist ranch make Spy Run an affordable option.
Homes like this traditional minimalist ranch make Spy Run an affordable option.
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Rivergreenway offers expanded access to waterfront recreation

Owing to the neighborhood’s waterfront location, the Rivergreenway is a defining recreational feature. The paved pathway is the backbone of the city’s trail system. The Rivergreenway surrounds much of Lawton Park, a large neighborhood green space that features a popular skatepark along the St. Marys. Originally built for the Indiana State Fairgrounds in 1866, the 40-acre park also includes a greenhouse where flowers and plants are grown in the fertile riverfront soil. Kids Crossing Playground is a scaled-down version of the Old Fort, an all-wooden army post designed and constructed in 1815 whose replica is a popular neighborhood attraction a few blocks south. Old Fort provides a historic backdrop for re-enactments and an annual Christmas event that provides insight into how soldiers in the 1700s and 1800s celebrated the holidays. Science Central, located just north of the park, is an additional neighborhood attraction housed in the former City Light and Power building. An interactive museum with exhibits, classrooms and a demonstration theater, Science Central correlates its programs with Indiana’s State Standards for Science.

The Spy Run neighborhood is the home of Science Central.
The Spy Run neighborhood is the home of Science Central.
Spy Run's Lawton Park Skate Park is a popular spot to test your skills on a board or bike.
Spy Run's Lawton Park Skate Park is a popular spot to test your skills on a board or bike.
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Riverfront park, popular baseball stadium are downtown highlights

Downtown Fort Wayne can be accessed by U.S. Route 27 and its nearby business corridor, both of which bisect the neighborhood. Headwaters Park is located just across the St Marys from the neighborhood’s south side. Residents can ride their bikes to the park and enjoy its network of paved trails. The park also features an open-air pavilion that hosts concerts and festivals during the warmer months and houses an ice-skating rink in the winter. Nearby cultural and entertainment attractions include the Fort Wayne Museum of Art and Parkview Field, home of the city’s minor-league baseball team, the TinCaps. The stadium has been recognized for its stadium experience several times since it opened in 2009. In between the art museum and the baseball stadium is an array of eateries featuring everything from the hot dogs at Fort Wayne’s Famous Coney Island restaurant to the stakes and cocktails with a jazz backdrop at Club Soda. “We still don’t have significant nightlife, but there is a lot more going on now with craft breweries, cocktail lounges and the sports stuff,” says Fletcher, who grew up in Fort Wayne and returned home after college. “To see all the development in the past 15 years has been great.” The Wells Street corridor, located only a few blocks from the neighborhood’s west side, is home to a charming mix of boutique stores and eclectic eateries. Closer to home, The Pub @ 1802 combines contemporary comfort food cuisine with a sports bar atmosphere, and St. Joe Athletic Club offers a members-only social setting in the neighborhood. Glenbrook Square, located about 2 miles north, is anchored by a Target.

The Headwaters Park ice rink is within walking distance for Spy Run residents.
The Headwaters Park ice rink is within walking distance for Spy Run residents.
The Pub@1802 in Spy Run is the place to be on game night.
The Pub@1802 in Spy Run is the place to be on game night.
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North Side High School is an established city institution

Students are served by Fort Wayne Community Schools, a district rated B-minus by Niche that gets an A-plus for diversity. The closest schools are Forest Park Elementary, a C-plus-rated school; Lakeside Middle, a C-rated school; and North Side High, a B-minus-rated school instantly recognizable for its neoclassical architecture. Starting in the 2024-25 school year, all ninth-grade students at North Side will start their high school journey in the Freshman Schools of Success program. Building on an educational model established in 2022, the program is a collaborative effort between the school and local businesses that provides incoming students with early guidance in determining a career-focused learning path. “The only downside to the area is that the schools are not as highly rated as some other areas, but that hasn’t seemed to have much effect on people moving in,” Fletcher says.

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.
Lakeside Middle School is one of the FWCS serving neighborhood children.
Lakeside Middle School is one of the FWCS serving neighborhood children.
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Spy Run residents can get around town with easy access to Citilink Bus stops.
Spy Run residents can get around town with easy access to Citilink Bus stops.

Neighborhood thoroughfare provides access throughout the city

Neighborhood bus stops are concentrated along U.S. Route 27, which also provides quick and easy car travel throughout the city and region. It connects to Interstate 69 less than 4 miles north. I-69 leads directly to Indianapolis about 120 miles south.

Crime rating

The Criminal Apprehension Program index gives the neighborhood a 5-out-of-10, considered a moderate rating.

Matt Pallister
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Matt Pallister
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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

Interested in learning more about homes in this area? Reach out to Mary Sherer, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Fort Wayne International

23 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Spy Run US
Homicide 5 4
Sexual Assault 8 4
Assault with Weapon 7 4
Robbery 7 4
Burglary 6 4
Motor Vehicle Theft 7 4
Larceny 5 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$150,950
Median Single Family Price
$151,900
Median Townhouse Price
$184,000
Average Price Per Sq Ft
$83
Number of Homes for Sale
3
Last 12 months Home Sales
14
Months of Supply
2.60
Median List Price
$164,900
Median Discount From 1st List Price
6%
Median Home Sale Price YoY Change
30%

Home Facts

Number of Homes in Neighborhood
296
Median Year Built
1920
Avg. Single Family Home Size Sq Ft
1,524
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
2,141
Median Lot Size Sq Ft
560,181

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Mary Sherer, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,537
Median Age
35
Population Density
6 ppl/acre
Population under 18
26.6%
On par with the national average
23.8%
Population over 65
11.3%
Below the national average
19.1%

Finances

Median Household Income
$14,958
Significantly below the national average
$71,702
Average Household Income
$35,965

Education and Workforce

High School Graduates
65%
Below the national average
89.1%
College Graduates
5%
Significantly below the national average
34.1%
Advanced Degrees
3.2%
% Population in Labor Force
62%

Weather

Annual Precipitation
39''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Bikeable

Bike Score®

64 / 100

Somewhat Walkable

Walk Score®

55 / 100

Some Transit

Transit Score®

48 / 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.

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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
Spy Run