Hedgewood
Neighborhood in Lafayette, Indiana
Tippecanoe County 47904
$184,503
Average Value
$138
Average Price per Sq Ft
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.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.
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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.
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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.
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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.
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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.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.
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Written By
Liz Coughlin
Photography Contributed By
Jennifer Rehkopf
Video By
Derek Fowler
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Agents Specializing in this Area
-
Neil Hatten
Neil Hatten
Keller Williams Lafayette
(765) 735-3305
119 Total Sales
1 in Hedgewood
$155,000 Price
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Cathy Russell
Cathy Russell
@properties
(765) 735-3177
698 Total Sales
2 in Hedgewood
$140K - $215K Price Range
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Rebecca Gibson
Rebecca Gibson
Responds QuicklyRaeco Realty
(765) 735-3482
323 Total Sales
1 in Hedgewood
$115,000 Price
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Dan Hartley
Dan Hartley
Responds QuicklyKeller Williams Lafayette
(765) 375-0795
59 Total Sales
2 in Hedgewood
$225,000 Price Range
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Kristy Miley
Kristy Miley
@properties
(765) 735-3285
105 Total Sales
1 in Hedgewood
$89,200 Price
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Sherry Cole
Sherry Cole
Keller Williams Lafayette
(765) 735-3248
700 Total Sales
2 in Hedgewood
$110K - $141K Price Range
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
- 9th to 12th
- Public
- 5th to 6th
- Public
- K to 4th
- Public
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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
Hedgewood Demographics and Home Trends
On average, homes in Hedgewood, Lafayette sell after 20 days on the market compared to the national average of 49 days. The median sale price for homes in Hedgewood, Lafayette over the last 12 months is $202,500, down 10% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$204,999
Median Sale Price
$202,500
Median Single Family Sale Price
$202,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
6
Median Home Sale Price YoY Change
-10%
Average Price Per Sq Ft
$138
Neighborhood Facts
Number of Homes in Neighborhood
95
Median Year Built
1955
Average Single Family Home Size Sq Ft
1,482
Significantly below the national average
1,933
Median Lot Size Sq Ft
6,751
Distribution of Home Values
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Average Home Value
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 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.
Nearby Neighborhoods
Elmwood
Accessible dining, shopping and parks in Lafayette's north end
Glen Acres
Homes within walking distance of a city park and elementary school in Lafayette
Hanna
An engaged and historic community near downtown Lafayette
Jesco Hills Estates
Suburban comforts close to downtown Lafayette
Saint Lawrence McAllister
North Lafayette neighborhood with vintage railroad homes and longtime local haunts
Sunnyside
Lafayette neighborhood is a hub for schools, churches and parks near downtown
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