Summitville

Summitville

Located in Madison County

46070

$186,978 Average Value
$100 Average Price per Sq Ft
3 Homes For Sale

Summitville is a commuter town with small-town character

Summitville is a one-stoplight town on the north side of Madison County. Named for being the highest elevation point between Indianapolis and Fort Wayne, it is a popular bedroom community for those looking to commute to larger cities. “We are an old-school small American town where kids go outside to play and everybody knows everybody,” says town council president Steve Conrad. “A lot of bigger cities try to recreate that sense of security, but we have it all natural.” Summitville is within 30 minutes of Muncie, Anderson and Marion, but has a more rural atmosphere and a lower cost of living.

Summitville is a quaint town with well regarded schools.
Summitville is a quaint town with well regarded schools.
Summitville was established in 1881.
Summitville was established in 1881.
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Rural homes with a chance to own land

A good portion of Summitville's homes were built from 1890 to 1930, often in the National Folk architectural style. From 1940 to 1980, more properties were added, typically in ranch-style designs. Only the streets near the town center have sidewalks, and the whole area has a rural feel, with large yards and views of distant farmland. Buyers can find smaller homes or properties needing major renovations from $30,000 to $70,000. From $150,000 to $250,000, houses are typically move-in ready, many with an acre or more of land. For those looking to own more than 2 acres, prices are usually between $350,000 and $400,000.

The homes in Summitville tend to sit on smaller lots.
The homes in Summitville tend to sit on smaller lots.
A modern ranch style home found in Summitville.
A modern ranch style home found in Summitville.
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Summitville Elementary is a central part of the community

Summitville Elementary School is located at the heart of town and serves pre-kindergarten through second grade. It receives a B-minus grade from Niche. The school is an active part of the community, with family game nights and a free summer food program to provide meals to kids under 18. On the Fourth of July, the school’s parking lot fills with residents and visitors ready to watch the town’s fireworks display.
Older kids head out of town to Park Elementary School, rated C-plus, for third through sixth grade. Madison-Grant Junior/Senior High School serves seventh through 12th grade and is rated B-minus.

Summitville Elementary students go on to attend Park Elementary in Fairmount.
Summitville Elementary students go on to attend Park Elementary in Fairmount.
Madison-Grant Jr-Sr High School serves students in grades 7th through 12th.
Madison-Grant Jr-Sr High School serves students in grades 7th through 12th.
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Limited dining and a new Dollar General moving in

Residents of Summitville who wanted to see a restaurant in their hometown opened Hoosier Routes in 2022. The cozy establishment is known for its house-smoked barbecue and hand-breaded tenderloin. Across the street, the town’s only other restaurant is a Pizza King, a popular chain for quick takeout. In 2024, the city’s central convenience store and gas station, Circle K, was closed for structural issues. “We are working on getting a new gas station, and there's a Dollar General coming in,” Conrad says. “People are looking forward to having a grocery store nearby, because right now the closest one is 5 miles away in Alexandria.” The Dollar General is expected to open in the fall of 2025.

Summitville's Hoosier Routes is the local favorite to gather and eat.
Summitville's Hoosier Routes is the local favorite to gather and eat.
Pizza King is an Indiana staple with a restaurant in Summitville.
Pizza King is an Indiana staple with a restaurant in Summitville.
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The small town center has a park, a library and several churches

In addition to the elementary school and restaurants, the town center of Summitville has a fire and police department, a post office, and a small park with a pavilion and ball field. There’s also the Ralph E. Hazelbaker Library, which has children's story time and adult book clubs. Some residents find community at the local churches, and The Hope Center runs a food pantry for anyone in need. The town is usually pretty quiet, with a railroad track that’s not very active. “The train only passes through once or twice in a day, and sometimes it’s days before you see another one,” Conrad says.

Summitville residents honor veterans with a memorial.
Summitville residents honor veterans with a memorial.
Summitville is home to the Ralph E. Hazelbaker Library.
Summitville is home to the Ralph E. Hazelbaker Library.
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A bedroom community halfway between Fort Wayne and Indianapolis

Summitville is located just off Interstate 69, which connects north to Fort Wayne and south to Indianapolis. It’s about 70 miles to either, usually just over an hour in the car. Both major cities have an international airport.
It’s just over 10 miles to reach Elwood, which has the closest hospital, and around 20 miles to reach Marion, Muncie and Anderson. All four cities have major employers and big-brand shopping options. “We are a bedroom community,” Conrad says. “Lots of people live here and then commute into work.”

Catherine Lashley
Written By
Catherine Lashley
Kenyon Gerbrandt
Photography Contributed By
Kenyon Gerbrandt

Interested in learning more about homes in this area? Reach out to Steve Slavin, 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

Summitville Housing Trends

Housing Trends

Median List Price
$206,950
Median Sale Price
$185,000
Median Single Family Sale Price
$173,500
Median Change From 1st List Price
7%
Last 12 months Home Sales
27
Median Home Sale Price YoY Change
$23
Average Price Per Sq Ft
$100

Neighborhood Facts

Number of Homes for Sale
3
Months of Supply
1.30

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Summitville Has More Owners

Demographics

Total Population
726
Median Age
42
Population under 18
24.2%
On par with the national average
23.8%
Population over 65
21.3%
On par with the national average
19.1%

Finances

Median Household Income
$55,319
Significantly below the national average
$71,702
Average Household Income
$62,357

Education and Workforce

High School Graduates
83%
College Graduates
12.4%
Below the national average
34.1%
Advanced Degrees
2%
Below the national average
13.3%
% Population in Labor Force
62.9%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
26''
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.
Summitville