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Middletown

Middletown

Located in Henry County

$241,851 Average Value
$131 Average Price per Sq Ft
7 Homes For Sale

Family keeps residents rooted in Middletown

About midway between Muncie, Anderson and New Castle, Middletown is an agricultural community of just over 2,000 people. Generational ties and solid schools draw buyers to the town. “There are a lot of people who graduated from Shenandoah schools who are still around,” says Samuel Schlagel, a Realtor with F.C. Tucker. “If you’re looking for a quiet place and a decent place to raise a family, Middletown is good for that.” Farming and faith are important parts of life for many Middletown residents, as evidenced by the small town's abundance of churches within one square mile.

College credit and extracurriculars at Shenandoah schools

The Shenandoah School Corporation serves roughly 1,300 students from across the area. Shenandoah Elementary School receives a B-plus from Niche, while Shenandoah Middle is rated B. Shenandoah High receives a C-plus and offers college credit through Advanced Placement courses and dual credit at Ivy Tech and Indiana University. The district touts small class sizes and a thriving Future Farmers of America program.

Central to Anderson, New Castle and Muncie

“It’s Middletown, so it’s midway between Muncie, Anderson and New Castle,” Schlagel says, “but it still takes a little while to get to I-69 or I-70.” Most locals head to Anderson for shopping and services, about 10 miles away, while Muncie and New Castle are both about 15 miles away. Anderson also has the closest emergency room at Community Hospital. Indianapolis and Indianapolis International Airport are about an hour away via I-69.

Older stock and steady demand shape housing market

The majority of Middletown’s housing stock was constructed before 1970. Today, the median sale price of a single-family home is about $220,000, slightly less than the Daleville median of roughly $250,000. “The prices are pretty strong,” Schlagel says. “It is a desired place to purchase a home, so there have been some homes that have been a little overpriced. But if a home has a little bit of land or if it’s a nice brick home, they go pretty quick.”

Dietrich Park and Honey Creek Trail offer outdoor fun

Dietrich Memorial Park is the beating heart of the community with a youth sports complex, playgrounds and a splash pad. A new addition to town is the Honey Creek Trail, a roughly 5-mile paved path that passes through town, including Dietrich Memorial Park, and connects to the community of Honey Creek. “It’s a couple of years old and it follows an old railroad track, and I’d say that’s a big draw for people,” Schlagel says. Golfers hit the links at Valley View Golf Course on Fall Creek, an 18-hole course that’s open to the public.

Locally owned restaurants in town, more options in Anderson

Middletown’s retail and restaurant options are limited, but there are a handful of locally owned restaurants in town. “We have a pretty popular pizza restaurant called Papa Pepperoni’s Pizza, and we have a Mexican restaurant and a Chinese restaurant,” Schlagel says. “Harvest Market is in town and has the best meat counter around.” Belgian Horse Winery is a couple miles outside of town. The winery and tasting room regularly has live music, food trucks and events. More dining options are in Anderson. For retail shopping, most locals head to Anderson or the Hamilton Town Center outdoor mall, about 30 minutes away.

Leslie Klosterman
Written By
Leslie Klosterman

Interested in learning more about homes in this area? Reach out to Samuel Schlagel, 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

Middletown Housing Trends

Housing Trends

Median List Price
$237,450
Median Sale Price
$230,000
Median Single Family Sale Price
$231,450
Median Townhouse Sale Price
$25,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
69
Median Home Sale Price YoY Change
32%
Average Price Per Sq Ft
$131

Neighborhood Facts

Number of Homes for Sale
7
Months of Supply
1.20

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Middletown Has More Owners

Demographics

Total Population
2,458
Median Age
41
Population under 18
25%
On par with the national average
23.8%
Population over 65
20.5%
On par with the national average
19.1%

Finances

Median Household Income
$68,614
On par with the national average
$71,702
Average Household Income
$82,987

Education and Workforce

High School Graduates
92.4%
College Graduates
19.1%
Below the national average
34.1%
Advanced Degrees
2.7%
Below the national average
13.3%
% Population in Labor Force
63.9%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
21°F
Average Summer High Temperature
84°F
Annual Snowfall
17''

Area Factors

Somewhat Bikeable

Bike Score®®

43 / 100

Car-Dependent

Walk Score®®

36 / 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.
Middletown