Why Live in Collett Park
Collett Park in Terre Haute features century-old homes, predominantly built between 1900 and 1920, showcasing Dutch Colonials, bungalows, Foursquares, and Victorians, with some 1950s ranch-style homes. The neighborhood is characterized by gridded streets with minimal through traffic, making it pedestrian and cyclist-friendly. Lot sizes average one-eighth of an acre, and driveways are long, accommodating parked cars. Collett Park's crime rate is on par with the national average. Residents enjoy local amenities such as the Oy Vey Jewish Bakery and Delicatessen, Mis Tres Potrillos for Mexican cuisine, and the Twelve Points Historic District, which features small businesses and a public market. The neighborhood hosts events like the Twelve Points Car Show and monthly vendor markets. Proximity to Indiana State University provides access to athletic events, art exhibits, and theater productions. Outdoor enthusiasts can visit Collett Park with its playground and tennis courts, or Maple Avenue Nature Park, which offers fishing, a boat launch, and walking trails. The Landing, a public 18-hole golf course, is also nearby. The local economy is bolstered by major employers like Union Hospital and new developments such as a casino and a battery factory. Buses from Cherry Street Greyhound Station connect residents to Indianapolis, where the nearest international airport is located.
Frequently Asked Questions
Is Collett Park a good place to live?
Collett Park is a good place to live. Collett Park is considered car-dependent and somewhat bikeable with minimal transit options. Collett Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Collett Park has 3 parks for recreational activities. It has a median age of 37. The average household income is $49,932 which is below the national average. College graduates make up 25.5% of residents. A majority of residents in Collett Park are home owners, with 48.6% of residents renting and 51.4% of residents owning their home. A
local real estate agent serving Collett Park can help you decide if this neighborhood is the right one for you. Learn more on our
Collett Park neighborhood guide.
Is Collett Park, IN a safe neighborhood?
Collett Park, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Collett Park?
The median home price in Collett Park is $319,000. If you put a 20% down payment of $63,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Collett Park. The average household income in Collett Park is $50K.
What are the best public schools in Collett Park?
The best public schools that serve Collett Park are:
What are the best private schools in Collett Park?
The best private schools that serve Collett Park are:
What are the most popular zip codes in Collett Park, Terre Haute, IN?
What are the most popular neighborhoods near Collett Park, Terre Haute, IN?
Are home prices dropping in Collett Park?
Yes, home prices in Collett Park are down 19% in the last 12 months.
Home Trends in Collett Park, IN
On average, homes in Collett Park, Terre Haute sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Collett Park, Terre Haute over the last 12 months is $300,000, down 31% from the median home sale price over the previous 12 months.
Median Sale Price
$300,000
Median Single Family Sale Price
$329,700
Median 1 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$259
Number of Homes for Sale
4
Last 12 months Home Sales
12
Median List Price
$319,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-31%