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Wakarusa, IN Home for Sale

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    $240,000

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    800 E Waterford St, Wakarusa, IN 46573

    House Hack! Live in the main home and rent the 2nd apartment! Move in ready. Located in the Wa-Nee School District. Solid home with a newer roof in the last 3 years. A large .5 acre lot within Wakarusa city limits.

    Chad Martin Keller Williams Realty Group

    800 E Waterford St, Wakarusa, IN 46573

Why Live in Wakarusa

Wakarusa, IN, located in northern Indiana’s Amish country, is a small town of about 2,000 residents in Elkhart County. The community is known for its relaxed pace of life, competitively priced homes, and top-rated Wa-Nee Community Schools District, which offers college credit and career classes. The town features a solid downtown core with walkable neighborhoods, and homes range from early 1900s bungalows and Colonial Revivals to midcentury split-levels and ranch-style residences, as well as New Traditional and Craftsman-inspired houses. Downtown and Memorial parks serve as hubs for outdoor recreation, with amenities like a wooden playscape, covered picnic tables, walking paths, butterfly garden, disc golf course, and splash pad. Lake Wawasee and Syracuse Lake are 20 miles away, providing additional lakeside attractions. Wakarusa is part of the Elkhart Heritage Trail, which includes Quilt Gardens and a self-guided audio tour. The town’s nostalgic Wakarusa Dime Store, Cook’s Pizza, Shortstop Inn, and The Garage Coffee Shop offer casual dining options. State Route 19 features fast-food restaurants, a Dollar General, and Grandma’s Pantry grocery store. Major employment hubs like Goshen, Elkhart, and South Bend are within a 30-minute drive, making commutes convenient. The annual Wakarusa Maple Syrup Festival, held in late April, is a cherished tradition with entertainment, children’s activities, artisan vendors, and a Lions Club pancake and sausage breakfast.

Frequently Asked Questions

What is the average home price in Wakarusa, IN?
Homes for sale in Wakarusa, IN have an average home price of $270,462.
Are home prices dropping in Wakarusa?
Yes, home prices in Wakarusa are down 20% in the last 12 months.
How many homes have sold over the last 12 months in Wakarusa, IN?
7 homes have sold in Wakarusa, IN over the last 12 months.
What is the average household income in Wakarusa, IN?
The average household income in Wakarusa, IN is $94K.
What are the most popular zip codes in Wakarusa, IN?
The most popular zip codes in Wakarusa, IN include 46550, 46517, 46526, 46561 and 46506.
How much do you need to make to afford a house in Wakarusa?
The median home price in Wakarusa is $239,950. If you put a 20% down payment of $48,000 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $1,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $52K a year to afford the median home price in Wakarusa. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Wakarusa is $94K.
How are the schools in Wakarusa, IN?
Wakarusa, IN has highly rated public and private schools. Some of the best schools in Wakarusa based on Niche Grades are North Wood Middle School, NorthWood High School and Wakarusa Elementary School. Browse all the schools in Wakarusa, IN to learn more.

Home Prices in Wakarusa, IN

Home Price Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$235,000
Median 2 Bedroom Sale Price
$202,500
Average Price Per Sq Ft
$117
Number of Homes for Sale
1
Last 12 months Home Sales
7
Months of Supply
1.70
Median List Price
$239,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-22%
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