Why Live in New Elliott
New Elliott, located on the east side of Schererville, Indiana, is a less populated neighborhood that retains a suburban charm. The area features homes built in the 1970s and 80s, including bi-level, split-level, and ranch styles, as well as newer two-story traditional homes with private driveways and two-car garages. Residents enjoy spacious lots with well-manicured lawns. The neighborhood is known for its green spaces, including Rohrman Park, which offers 41 acres of recreational facilities such as softball, baseball, and soccer fields, updated playground equipment, and a picnic shelter. Peter G Redar Memorial Park is another family-friendly spot with a playground, basketball courts, and a sand volleyball court, both parks connecting to the Pennsy Greenway Trail. For outdoor enthusiasts, Fish a While Lakes and the Turkey Creek Trail in the Ivan Gatlin Nature Preserve provide additional recreational opportunities.
New Elliott hosts various community events, including Schererville Fest in June and a Fourth of July festival at Rohrman Park. The neighborhood is conveniently located near shopping and dining options, with Town Square Shopping Center featuring stores like Target and Whole Foods, and casual dining spots such as Panera Bread and Toast & Jam. The Lake Central School Corporation serves the area, with highly rated schools including Peifer Elementary School, Michael Grimmer Middle School, and Lake Central High School, which offers numerous Advanced Placement and dual credit courses.
Safety in New Elliott is comparable to the national average, making it a practical choice for families. The neighborhood's central location provides easy access to Illinois, with Downtown Chicago just 35 miles away, and additional amenities in nearby Merrillville, about 5 miles east.
Frequently Asked Questions
Is New Elliott a good place to live?
New Elliott is a good place to live. New Elliott is considered very car-dependent and somewhat bikeable. New Elliott is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. New Elliott has 6 parks for recreational activities. It is sparse in population with 2.2 people per acre and a median age of 42. The average household income is $122,754 which is above the national average. College graduates make up 40.2% of residents. A majority of residents in New Elliott are home owners, with 12.3% of residents renting and 87.7% of residents owning their home. A
local real estate agent serving New Elliott can help you decide if this neighborhood is the right one for you. Learn more on our
New Elliott neighborhood guide.
Is New Elliott, IN a safe neighborhood?
New Elliott, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in New Elliott?
The median home price in New Elliott is $552,900. If you put a 20% down payment of $110,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $123K a year to afford the median home price in New Elliott. The average household income in New Elliott is $123K.
What are the best public schools in New Elliott?
The best public schools that serve New Elliott are:
What are the best private schools in New Elliott?
The best private schools that serve New Elliott are:
What are the most popular zip codes in New Elliott, Schererville, IN?
What are the most popular neighborhoods near New Elliott, Schererville, IN?
Home Trends in New Elliott, IN
On average, homes in New Elliott, Schererville sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in New Elliott, Schererville over the last 12 months is $355,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$355,000
Median Single Family Sale Price
$538,000
Median Townhouse Sale Price
$648,000
Median 2 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$295
Number of Homes for Sale
4
Last 12 months Home Sales
26
Median List Price
$552,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%