Section Image

Knightstown

Knightstown

Located in Henry County

$240,872 Average Value
$142 Average Price per Sq Ft
15 Homes For Sale

Low cost of living in Indiana

If buying a home in a rural town of 1,200 people, noted for its historic Victorian homes and its starring role in a popular 1986 movie sounds intriguing, then Knightstown, Indiana might be worth a good look. Located 32 miles east of Indianapolis, the town sells itself as “A Good Place to Visit; A Better Place to Live.” Notable for its role as the setting for the award-winning film “Hoosiers”, Knightstown has plenty of historic homes, schools and museums. With its historic buildings designed with Italianate façades in the downtown shopping district to its local parks, Knightstown offers history, beauty and intriguing places to explore. Knightstown has also been ranked by Niche as one of the places with the lowest cost of living in Indiana. As Realtor Lisa Jines-Plessinger, with Christie’s of Indiana, and a real estate agent for more than 25 years explains, “Buyers who want historic homes will find them here, from Victorians to cottages and bungalows. There are opportunities here to put one’s own touches on older homes. At the same time, there are pockets of new homes that are getting attention as well.”

Knightstown, IN is East of Indianapolis from US 40 or I-70.
Knightstown, IN is East of Indianapolis from US 40 or I-70.
Italianate Facade buildings can be seen in downtown Knightstown, IN.
Italianate Facade buildings can be seen in downtown Knightstown, IN.
1/2

Victorian stunners and turn-of-the-century-cottages

Historic homes are common in Knightstown, and buyers will find both Victorian homes with decorative trim and carved porch posts, as well as renovated Colonial homes from the early 1900s. Victorian cottages with original trim work sell for $225,000 to $450,000 depending on the square footage and condition. Turn-of-the-20th century two-story homes with 2nd-floor porches have sold for around $210,000. Ranch-style homes with about 1,300 square feet have recently sold for around $155,000. Most homes in Knightstown are historic or midcentury, but there are some new homes, as well as buildable lots. A notable historic site, The Knightstown Academy was a Quaker school in the late 1800s and now offers apartment living for seniors.

Knightstown, IN is a rural community of 1200 people 32 miles East of Indianapolis.
Knightstown, IN is a rural community of 1200 people 32 miles East of Indianapolis.
Most homes in Knightstown, IN are older but there is some new construction available.
Most homes in Knightstown, IN are older but there is some new construction available.
1/2

Pizza and primitive art

Locals dine in and also grab takeout from Redbones Pizza and Chicken. It offers buckets of roasted chicken, wings and pizza. They’re also known for their homemade desserts and welcoming setting. The Glass Cupboard Antique Mall offers plenty of vintage, antique, primitive and collectibles including art, pottery and furniture.

There are many options to shop in downtown Knightstown, IN. like antiques.
There are many options to shop in downtown Knightstown, IN. like antiques.
Pizza or ice cream is available at the Pizza King in downtown Knightstown, IN.
Pizza or ice cream is available at the Pizza King in downtown Knightstown, IN.
1/2

Athletes and scholars shine in Knightstown

Kids in Knightstown attend public schools in the C.A. Beard Memorial School Corporation, which has an overall Niche grade of B and is ranked the 31st best school district in the Indianapolis area. Knightstown Elementary offers pre-kindergarten through third grade and earns an overall Niche grade of B-minus. Knightstown Intermediate School earns a C-plus grade from Niche and has a student-teacher ratio of 16:1. Knightstown High has an overall Niche grade of B and is ranked one of the best high schools in Indiana for athletes. It also offers Advanced Placement classes and a program for gifted students.

Knightstown Intermediate School has an overall Niche Grade of C+.
Knightstown Intermediate School has an overall Niche Grade of C+.
Knightstown Elementary School serves students in the Knightstown community.
Knightstown Elementary School serves students in the Knightstown community.
1/2

Football and state fairs

NFL fans can enjoy Indianapolis Colts games at Lucas Oil Stadium, which is about 20 miles west of Indianapolis. The Indiana State Fair is held each year for two weeks in July and August and is the sixth oldest state fair in the nation. The Indiana State Fairground also hosts the Christmas Nights of Lights from early November through New Year’s Eve each year.

Gardens, golf and a famous movie site

Residents enjoy living close to Royal Hylands Golf Club, one of only five links courses in Henry County. The Veterans Garden of Memories Park offers tribute to veterans and features an eternal flame. Sunset Park offers a splash pad in the summer months while baseball and softball players will enjoy the baseball diamond. Movie fans will enjoy visiting Hoosier Gym, the setting for the 1986 movie “Hoosiers”, which was based on the story of the 1954 Indiana state basketball champions, Milan High School.

Royal Hylands Golf Course in Knightstown, IN was voted in 2018 a Top 25 Best Value course.
Royal Hylands Golf Course in Knightstown, IN was voted in 2018 a Top 25 Best Value course.
Sunset Park in Knightstown, IN has a large shelter that can be rented for events.
Sunset Park in Knightstown, IN has a large shelter that can be rented for events.
1/2

Big cities beckon

Residents enjoy having quick access to Highway 40 and Interstate 70 which points east toward Indianapolis and west toward Dayton. Indianapolis International Airport sits west of downtown Indianapolis about 50 miles from Knightstown. Residents can reach Chicago in 4 hours, Fort Wayne and Cincinnati in about 2 hours and Louisville, Kentucky in about 2.5 hours. Hancock Regional Hospital is 15 miles east of Knightstown and the closest area hospital.

Interested in learning more about homes in this area? Reach out to Whitney Christy, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

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

Knightstown Housing Trends

Housing Trends

Median List Price
$280,000
Median Sale Price
$215,000
Median Single Family Sale Price
$200,000
Median 2 Bedroom Sale Price
$397,550
Median Change From 1st List Price
0%
Last 12 months Home Sales
59
Median Home Sale Price YoY Change
$13
Average Price Per Sq Ft
$142

Neighborhood Facts

Number of Homes for Sale
15
Months of Supply
3.10

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Knightstown Has More Owners

Demographics

Total Population
2,309
Median Age
42
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
20.9%
On par with the national average
19.1%

Finances

Median Household Income
$62,949
Below the national average
$71,702
Average Household Income
$72,719

Education and Workforce

High School Graduates
91.8%
College Graduates
18%
Below the national average
34.1%
Advanced Degrees
7%
Below the national average
13.3%
% Population in Labor Force
60.8%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
21°F
Average Summer High Temperature
84°F
Annual Snowfall
17''
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.
Knightstown
Whitney Christy
Ever Real Estate, LLC
Section Image