Neighborhood with a hidden park in northeast Lafayette
With a hidden green space at its core and access to restaurants just outside, Hedgewood is a suburban area with some surprises on Lafayette's northeast side. The neighborhood contains its own park, incorporated into a suburban residential landscape. The entrance to this little-known park is tucked between single-family homes, making it a well-kept secret except to the residents of this area. "Most people don’t know about the park," says Cheryl Butcher, Managing Broker at Keller Williams Realty. "I didn't know it was there until I sold a house there that backed up onto it." One of the factors in developing this neighborhood was the Market Square Shopping Center, which still stands as a shopping and dining area less than a mile away.
Hedgewood Park Signage
Hidden path to Hedgewood Park
Hedgewood Park provides one acre of green space at the heart of the neighborhood. The only entrance is an inconspicuous mulch path located between two private houses on Beverly Lane, although a sign points the way. Most of the parkland consists of an open grassy field large enough for a game of soccer. The park also has a playground with a six-foot slide, a dome climbing structure, a springrider and a swingset. Rest Haven Memorial Park is a funeral home and cemetery taking up a large portion of the neighborhood's northeast corner. Locals come here to pay their respects or soak up the peaceful atmosphere around the duck pond. It's the resting place of Emmett Kelly, who portrayed the clown character Weary Willy. The neighborhood is also near Munger Park, one of the city's larger green spaces with a 1-mile paved trail and a fishing pond.
Ranch-style homes on quiet cul-de-sacs
This residential area contains smaller lots and smaller homes, averaging around 1,482 square feet. There are compact, rectangular ranch-style houses with a shorter width than regular ranches. Exteriors vary from stone to brick to vinyl. Prices start around $115,000 and reach up to $225,000. These properties date back to the '50s and '60s, but some have received upgrades like new roofs in recent years. Despite small lot sizes, residents enjoy their outdoor spaces, whether walking the shady sidewalks, setting up a lawn chair on the driveway or opening up a garage door. Rather than a typical grid pattern, this area has rounded streets branching off into cul-de-sacs. Berkley Road, Beverly Lane and Hedgewood Drive all surround Hedgewood Park.
dd
dd
1/2
Birth of a local favorite at Market Square
Market Square is a convenient shopping and dining center less than a mile west. This strip mall is home to around 30 shops, restaurants and stores. There are unique local businesses specializing in candy, cameras and games. Arni's Restaurant set up its flagship location here in 1965, and soon after expanded its seating from 100 guests to 500. It has grown into one of Lafayette's most popular local chains, serving pizza with toppings spread all the way to the edges. "Arni's was one of the first pizza shops in the city, and they've been a big part of our community," Butcher says. Operating since 1951, The Downtowner is another Lafayette staple serving pancakes, eggs benedict and scramblers until 2 p.m. most days. Market Square also has grocery options such as Dollar General and a Pay Less.
dd
dd
1/2
Jefferson High School has a track and field for the football team.
Jefferson High is a state-wide standout
Thanks to its north side location, Hedgewood is less than a mile from two Lafayette School Corporation entities. Just north, Vinton Elementary earns a B-minus from Niche. In 2024, it became the first school in the state to transition to a four-day school week, offering additional work-life balance for parents. Students in the district typically progress to Sunnyside Intermediate, located less than a mile south, for fifth and sixth grade. It receives a B-minus along with Tecumseh Junior High, serving seventh and eighth graders. Students finish their K-12 years at Jefferson High, earning and A-minus. Niche ranked Jefferson number four on its list of Standout High Schools in Indiana.
Bowling and Brews at Market Square
Home to bars and entertainment, Market Square is also a nighttime destination. Market Square Lanes adds a music and light show to cosmic bowling sessions every night at 9 p.m. Inside the bowling alley, North End Pub serves domestic beer by the pitcher. The venue also hosts live music on weekends. The Halloween Bash is a North End Pub tradition 11 years strong featuring live music and a costume contest. Riehle's Filling Station is another local watering hole with events such as the Summer Bash, featuring a DJ, dart tournaments and drink specials.
dd
dd
1/2
High walkability in Hedgewood
Walking is a popular way to get around the neighborhood since sidewalks line every street. Hedgewood is about 2.4 miles northeast of downtown Lafayette. Bordering the neighborhood's south side, Union Street is a starting point toward the city center. Commuters may take Union Street to North 18th and Columbia. Union also connects with other roads leading across the river to Purdue University. Public transportation is available from Greenbush Street, bordering the neighborhood's north side. From there, the 1A bus departs for downtown.
Munger Park Stroll
dd
1/2
Noise from Sagamore Parkway
Sagamore Parkway is a major road bordering the neighborhood's east side. The road may produce some noise for nearby homes, although most are located on the neighborhood's west side.
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
Neil Hatten,
an experienced agent in this neighborhood.
Parks in this Area
Columbian Park
Munger Park
Hedgewood Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Hedgewood
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
6
4
Motor Vehicle Theft
4
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Hedgewood, Lafayette sell after 11 days on the market compared to the national average of 47 days. The average sale price for homes in Hedgewood, Lafayette over the last 12 months is $191,666, down 15% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$210,000
Median Single Family Price
$210,000
Average Price Per Sq Ft
$120
Last 12 months Home Sales
3
Median List Price
$210,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-7%
Home Facts
Number of Homes in Neighborhood
95
Median Year Built
1955
Avg. Single Family Home Size Sq Ft
1,482
Significantly below the national average
1,936
Median Lot Size Sq Ft
6,751
Distribution of Home Values
Source: Public Records
Interested in learning more about homes in this area?
Reach out to
Neil Hatten,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
440
Median Age
37
Population under 18
26.1%
On par with the national average
23.8%
Population over 65
19.3%
On par with the national average
19.1%
Finances
Median Household Income
$59,374
Below the national average
$71,702
Average Household Income
$88,249
Education and Workforce
High School Graduates
96.2%
Above the national average
89.1%
College Graduates
39.4%
Advanced Degrees
13.1%
% Population in Labor Force
78.5%
Above the national average
65.1%
Weather
Annual Precipitation
40''
Average Winter Low Temperature
17°F
Average Summer High Temperature
83°F
Annual Snowfall
7''
Area Factors
Somewhat Bikeable
Bike Score®
44/ 100
Somewhat Walkable
Walk Score®
57/ 100
Some Transit
Transit Score®
33/ 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.
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.
