$114,844Average Value$105Average Price per Sq Ft5Homes For Sale
Kokomo's Industrial Heritage Trail traverses nearly 6 miles of former industrial sites.
Reminders of Kokomo's history abound
In Fairlawn, there are ample reminders of Kokomo’s past. A large, abandoned factory on the neighborhood’s west side is where the Haynes Automobile Company produced America’s first commercially successful cars until going out of business in 1925. Fairlawn is the neighborhood that grew up around that factory, and most of its homes date to the 1910s and ‘20s. “Usually buyers are seeking affordability,” says Amy True, managing broker and owner of True Realty. “And Fairlawn has old-home charm in most cases.”
Quick access to manufacturing plants
Though the factory that was once Fairlawn’s lifeblood hasn’t been in production for decades, the neighborhood is close to Chrysler’s transmission plant and GM’s electronic components plant – both are 2 miles south. Fairlawn is also about 4 miles south of the Stellantis-Samsung battery plants opening in 2025 and 2027. “It’s definitely centrally located, and close to the (State Road 931) bypass that can take you south, or north to all the plants that are being built,” True says. Public transit is also available on weekdays. The Kokomo City Trolley Blue Line crosses through the neighborhood on Markland Avenue, and the Red Line runs up Home Avenue. For bicyclists, joggers and walkers, the 5-mile-long Industrial Heritage Trail runs along the former rail line that once shipped cars from the Haynes Automobile factory.
From century-old bungalows to more modern houses
Century-old bungalows are commonplace in Fairlawn, as well as a handful of two-story Craftsman-style houses. However, not every house in the neighborhood is from the early 20th century. In parts of the neighborhood, it’s possible to find ranches built in the 1980s and 1990s. “If it’s a newer home, it will be priced less than it would be in a newer neighborhood,” True says. Fixer-uppers in the neighborhood range from $10,000-60,000 while turnkey houses can range from $65,000-180,000.
A bungalow in Fairlawn showcases a shaded front porch, perfect for people watching.
Cozy ranch homes are shaded by mature trees, in Fairlawn.
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Regulars belly up to the bar at Artie's Tenderloin, in Fairlawn.
Venerable locations serve an Indiana favorite
Like many of the neighborhood’s houses, Barker’s B&K is a blast from the past – a vintage early 1960s drive-in and root beer stand serving coney dogs, breaded tenderloin and other items as well as fan-favorite strawberry shortcakes for dessert. Located just outside of the neighborhood, Artie’s Tenderloin has been cooking Indiana’s signature dish since 1938. Kokomo Ale House is a much newer Fairlawn-area eatery earning a reputation for its burger menu. An Aldi at Markland Mall is the nearest grocery store, with Meijer, Target and Walmart also close by.
Students have choice of Kokomo schools
Students are zoned to attend Elwood Haynes Elementary and Maple Crest Middle School, both of which receive a C-rating on Niche. Elwood Haynes, named after the Kokomo industrialist and inventor who started the Haynes Automobile Company, follows in the mechanically minded footsteps of its namesake with its fifth-grade robotics team. Students can also apply to attend C-plus rated Sycamore Elementary and B-minus rated Central Middle School. Sycamore and Central are both authorized International Baccalaureate schools, as is C-plus rated Kokomo High School. Kokomo High offers 24 Advanced Placement courses.
Kokomo High School, in Kokomo, is known for their championship caliber football program.
Maple Crest Middle School, in Kokomo, has an overall Niche score of C .
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Meridian Park, in the heart of the Fairlawn neighborhood, offers multiple play areas.
Meridian Park nearby
Just north of the neighborhood, Meridian Park features a playground, covered picnic shelter, basketball court and paved walkways on a 1-acre lot. There is also a playground just off the Industrial Heritage Trail on the south side of Defenbaugh Street.
Municipal Stadium, Kokomo Beach offer summer fun
Fairlawn is less than a mile from Kokomo Municipal Stadium, which hosts the Kokomo Jackrabbits of the Northwoods League – a summer wood-bat baseball league for college players. The day after Thanksgiving, the ballpark is converted into “The Frozen Sandlot” and used as an ice-skating rink until early January. It’s also a little more than a mile from Kokomo Beach Family Aquatic Center, a city-run water park that also offers swimming lessons. The Kokomo Community Garage Sale is also hosted in the Kokomo Beach parking lot the weekend after the pool closes for the season in September.
Cool off at Kokomo Beach Aquatic Center, in Fairlawn.
Catch a game at Municipal Stadium, in the heart of Fairlawn.
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An active local tornado history
Tornadoes are a concern in Kokomo. A 2016 twister caused more than $10 million in property damage, destroying homes and businesses in neighborhoods just south and east of Fairlawn. In total, 27 tornadoes have touched down in Howard County since 1951, though none have caused fatalities since a Category F4 tornado that devastated Kokomo in 1965.
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Fairlawn Demographics and Home Trends
On average, homes in Fairlawn, Kokomo sell after 48 days on the market compared to the national average of 55 days. The median sale price for homes in Fairlawn, Kokomo over the last 12 months is $110,000, up 11% from the median home sale price over the previous 12 months.
Looking for that completely remodeled beauty by a professional? Look no further, this 2-bedroom ranch is basically a new home. The roof, gutters, electrical, siding and HVAC are 5 year old. All new flooring waterproof laminate flooring, custom kitchen cabinets with granite countertops, new paint, new front steps, custom bedroom closets, includes washer and dryer, stove, refrigerator, microwave,
Charming and well-maintained duplex offering immediate income potential. Each unit features 1 spacious bedroom, a full bathroom, and an open concept kitchen and living space. Unit A is leased at $625/month through 2/28/27 and Unit B is recently vacant. Total electric. Tenants pay for electricity. Owner pays w/s/t and lawncare. Roof replaced in 2024.
Welcome home to this charming 2-bedroom, 1-bath property conveniently located in Kokomo! Full of character, this home features beautiful hardwood floors, a spacious living room that flows into the dining room through classic wood columns, and plenty of natural charm throughout. The kitchen appliances are included, making it move-in ready while offering the opportunity to add your own personal
Sellers are offering a $2500 seller credit with a reasonable offer! Cozy 2-bedroom property conveniently located near shopping, dining, and everyday amenities in Kokomo. The inviting eat-in kitchen features beautiful wood cabinetry and plenty of space for dining. Enjoy the comfort of your primary bedroom, which offers a walk-in closet. The spacious bathroom features a stand-up shower. Large
This completely updated 2 bed/1bath home is the perfect starter home or perfect for downsizing. With everything completed, you will have peace of mind while you enjoy being close to everything you need! Conviently located, you are just minutes from hospitals, schools, restraunts, shopping, and more. The open concept is perfect for entertaining and the back yard is great for spending time
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? 1043 South Bell Street - Unit 3, Kokomo, IN 46902 Fresh and functional studio-type unit offering an open-concept living space designed for efficiency and comfort. Unit 3 features updated interiors, easy-to-maintain flooring, and a bright layout that maximizes space. Located in a convenient area close to downtown Kokomo, restaurants, and local amenities. ? Studio-type layout (open
Two Bedroom House for Rent1032 S Waugh St. Kokomo, IN$1150/month$1150 depositTenant all utilitiesThis cute, single story home features hardwood floors. The kitchen and bathroom were recently updated. It has a covered front porch, off street parking, and a garage for storage. No pets please.Please note: This property is not available for self-showings.
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