Why Live in Indiana State University
The Indiana State University neighborhood in Terre Haute features homes dating back to the early 20th century, with some predating 1900. The area showcases a mix of bungalows, Foursquares, and shotgun cottages, typically on small lots around an eighth of an acre. Single-family homes are generally under 1,000 square feet, while multi-family homes are also common, often rented out to students or hospital staff. Wabash Avenue, a key commercial street, borders the university to the south and is lined with various dining options, including The Saratoga and the Terminal Public House. For groceries, residents frequent the nearby Kroger. The neighborhood is rich in attractions, such as the Hulman Center for sports and concerts, and the University Art Gallery. The Larry Bird Museum and the Eugene V. Debs Historic Home are notable cultural spots. Fairbanks Park, located just south, offers walking trails, picnic areas, and hosts the Banks of the Wabash Festival in May. Deming Park, 3 miles east, provides a disc golf course and expansive green spaces. The area is served by Vigo County Public Schools, with Terre Haute North Vigo High School offering a broad curriculum and various career-focused programs. The neighborhood's crime rate is lower than the national average, contributing to its appeal for residents.
Frequently Asked Questions
Is Indiana State University a good place to live?
Indiana State University is a good place to live. Indiana State University is considered somewhat walkable and bikeable with minimal transit options. Indiana State University has 3 parks for recreational activities. It has a median age of 28. The average household income is $29,172 which is below the national average. College graduates make up 15.7% of residents. A majority of residents in Indiana State University are renters, with 87.2% of residents renting and 12.8% of residents owning their home. A
local real estate agent serving Indiana State University can help you decide if this neighborhood is the right one for you. Learn more on our
Indiana State University neighborhood guide.
How much do you need to make to afford a house in Indiana State University?
The median home price in Indiana State University is $69,900. If you put a 20% down payment of $14,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $15K a year to afford the median home price in Indiana State University. The average household income in Indiana State University is $29K.
What are the best public schools in Indiana State University?
The best public schools that serve Indiana State University are:
What are the best private schools in Indiana State University?
The best private schools that serve Indiana State University are:
What are the most popular zip codes in Indiana State University, Terre Haute, IN?
What are the most popular neighborhoods near Indiana State University, Terre Haute, IN?
Are home prices dropping in Indiana State University?
Yes, home prices in Indiana State University are down 54% in the last 12 months.
Home Trends in Indiana State University, IN
On average, homes in Indiana State University, Terre Haute sell after 17 days on the market compared to the national average of 52 days. The median sale price for homes in Indiana State University, Terre Haute over the last 12 months is $60,000, down 60% from the median home sale price over the previous 12 months.
Median Sale Price
$60,000
Median Single Family Sale Price
$60,000
Average Price Per Sq Ft
$65
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$69,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-60%