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Gas City

Gas City

Located in Grant County

$170,133 Average Value
$124 Average Price per Sq Ft
0 Homes For Sale

Gas City is a former boom town with plenty left in the tank

Gas City is an east-central Indiana community that exploded with development in the late 19th century due to the discovery of natural gas. The area’s name remains a token from that period, but Gas City’s boom proved short-lived. Yet this area of about 6,100 people is undergoing a modern renaissance of sorts, blooming with businesses and benefiting from a location not far from Indianapolis. “I think the main draw is that Gas City is right at I-69,” says Cathy Hunnicutt, a local Realtor at Re/Max Realty One who ranks among Indiana’s top-selling agents with over 100 transactions a year. “So if you live in Gas City you’re very close to the interstate. It’s still a small-town feel. There have been a lot of new businesses in the last couple years. Places that were needing to be purchased and renovated have been.”

Established homes make up the bulk of Gas City’s inventory

While there are some modern outliers, many of Gas City’s houses were built across the early to mid-20th century. The area is packed with classic ranch- and bungalow-style options, and those that need work are appealing to some buyers. “The major growth is in the neighborhoods where the houses might’ve sold for under $50,000,” Hunnicutt says. “People are buying them, they are fixing them up, and making them nicer.” These fixer-uppers can go for anywhere from $10,000 to $80,000. Homes ready to move in fetch $100,000 to $330,000. Houses all over Gas City line wide residential streets, often accented with mature trees and sidewalks.

Main Street is a magnet for new businesses

Main Street is the nucleus of Gas City’s downtown district, and a snapshot of local investment. “Everything, when you go along Main Street, has been restructured, rebuilt, remodeled,” Hunnicutt says. “It’s still a small town, with a big-town mentality.” Hutchins Beautification Committee, a local group, spearheads presentation efforts, including a series of decorative flower pots along Main Street. Businesses popping up on the stretch include beauty salon Manes, Manis, & More, clothing store The Wispy Pine Boutique, and thrift store Renewed Gas City. Locals can grab a bite to eat at spots like Jackie’s Family Restaurant, known for its breakfast. Gabriella's Old Time Pizza offers pizza flights, allowing patrons to sample various varieties. Gas City Brewing Company has several beers on tap and regularly hosts local food trucks. People can grab groceries at Main Street’s Neighborhood Fresh.

Car show and concerts are annual fixtures

The Ducktail Run Rod & Custom Car Show is a major tradition in Gas City every September. The event attracts a couple of thousand classic cars from around the country. The well-attended James Dean Festival in nearby Fairmount also has a car show around the same time of year, making late September a busy time in Grant County — visitors have to book their hotels a year in advance, Hunnicutt says. Gas City hosts a free concert series on Tuesdays throughout the summer, too, at Gas City Park.

Extracurricular opportunities abound in area schools

Mississinewa Community School Corporation covers Gas City and carries a B-minus grade on Niche. The B-rated Westview Elementary includes prekindergarten through first grade and offers the Story Book Art Club. The club gives students experience in various art mediums, and relates the art with literature. Northview Elementary gets a C-plus rating and features grades 3 through 5. Multiple robotics groups, a cooking club and a gardening club are among the extracurricular opportunities at Northview. R.J. Baskett Middle also gets a C-plus and gives students the chance to compete through its Science Olympiad group and Robo Tribe robotics team. The B-minus-rated Mississinewa High has Career Technical Education courses in agriculture, computer science, engineering and more. Indiana Wesleyan University, a private Christian school in the neighboring city of Marion, has over 80 on-campus undergraduate programs.

Mississinewa River is an anchor for outdoor recreation

A portion of the 120-mile-long Mississinewa River runs along the west side of Gas City. Gas City Park borders the river and has a boat ramp, playground areas, a public pool and a pond open to fishing. It is adjacent to the fenced Gas City Dog Park. Outdoor enthusiasts are also just across the river from the Cardinal Greenway, a 62-mile paved path.

Major cities are within a relative stone’s throw

Next-door Marion is a city over four times the size of Gas City, and the seat of Grant County. Gas City residents can use Indiana state Road 15 to reach the heart of Marion and amenities like the Marion Health - MGH Campus hospital, where there’s a 24-hour emergency room. The smaller Marion Health – East Campus hospital on Gas City's eastern outskirts also has an emergency department. Fort Wayne, home of the Fort Wayne International Airport, is about 55 miles north of Gas City on Interstate 69. I-69 also takes drivers 80 miles south to Indianapolis, the state capital.

Wayne Epps Jr.
Written By
Wayne Epps Jr.

Interested in learning more about homes in this area? Reach out to Kristine Miller, 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

Gas City Housing Trends

Housing Trends

Median List Price
$155,000
Median Sale Price
$128,500
Median Single Family Sale Price
$128,500
Median Change From 1st List Price
16%
Last 12 months Home Sales
2
Median Home Sale Price YoY Change
-32%
Average Price Per Sq Ft
$124

Neighborhood Facts

Number of Homes in Neighborhood
2,151
Number of Homes for Sale
0
Median Year Built
1963
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,375
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,227
Average 2 Bedroom Size Sq Ft
1,138
Median Lot Size Sq Ft
9,147

Open Houses

  • 0 E Farmington Tract 3, Gas City, IN 46933

    $221,500

    • 0 E Farmington Tract 3

    List price is approximate. The property is selling for $10,000 per acre. The seller retains current crop rights. The recent survey has been completed with 22.15 Acres.

    Agent Photo
    Suzie Mack
    F.C. Tucker Realty Center
    (765) 227-3866
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  • 128 W North St E, Gas City, IN 46933

    $269,900

    • 4 Beds
    • 2.5 Baths
    • 1,820 Sq Ft
    • 128 W North St E
    • New 29 days ago

    * $5000 credit towards closing costs!! * One-Year Home Warranty Included!! Completely Remodeled Gem in the heart of Gas City! Welcome to your dream home—rebuilt from the ground up with qualify craftsmanship and modern design. This stunning 4 bedroom, 2.5 bathroom home features new everything: roof, HVAC, plumbing, electrical, flooring, paint, custom baths, custom kitchen, and more! Step

    Dana Powell Keller Williams Realty Group

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  • 212 N Water St, Jonesboro, IN 46938

    $149,900

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft
    • 212 N Water St
    • New 22 days ago

    Step inside this fully renovated home, where charm is in perfect modern style! Offers beautiful light flooring that flows throughout the main living areas and cozy carpet in the bedrooms! It has a fresh and welcoming feel the minute you open the front door! The small but mighty bathroom has a walk-in shower and modern finishes! The kitchen has all-new cabinetry, open shelving, black countertops

    Kayla Poling F.C. Tucker Realty Center

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Gas City Has More Owners

Demographics

Total Population
5,731
Median Age
40
Population under 18
25.2%
On par with the national average
23.8%
Population over 65
20.1%
On par with the national average
19.1%

Finances

Median Household Income
$60,666
Below the national average
$71,702
Average Household Income
$64,023

Education and Workforce

High School Graduates
91.9%
College Graduates
17.8%
Below the national average
34.1%
Advanced Degrees
3.1%
Below the national average
13.3%
% Population in Labor Force
63.8%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
16''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk 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.
Gas City
Kristine Miller
Apple Tree Realty, LLC
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