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Franke Park

Franke Park

Suburban Neighborhood in Fort Wayne, Indiana

Allen County 46808

$200,275 Average Value
$134 Average Price per Sq Ft

A few residential streets amidst shopping and recreation outside Downtown Fort Wayne

Adventure awaits buyers interested in Fort Wayne’s Franke Park neighborhood. “Homebuyers are coming to this area for the parks, recreation and children’s activities available to families,” says Broker Associate Randy Harvey of Coldwell Banker Real Estate Group. “It’s what makes this part of Fort Wayne so desirable.” The northwest Fort Wayne district is adjacent to Franke Park, which serves as the neighborhood’s namesake and provides much of its recreation and entertainment. Spanning almost 340 acres, Franke Park itself encompasses over half of the neighborhood’s topography. The park’s massive open green spaces provide residents the perfect opportunity to reconnect with nature and stretch their legs. Various retailers hug the community’s eastern side, and a handful of residential streets to the north.

Here is an overhead view of Fort Wayne's Franke Park neighborhood.
Here is an overhead view of Fort Wayne's Franke Park neighborhood.
Welcome to Fort Wayne's beloved Franke Park and Children's Zoo.
Welcome to Fort Wayne's beloved Franke Park and Children's Zoo.
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Plenty of activities for the whole family in Franke Park

“Between Franke Park and Children’s Zoo, there are so many attractions, and there’s plenty to do here,” says Harvey. Hikers frequently trek Franke Park’s winding trails. Bikers hone their skills at the Fort Wayne BMX Race Park. Shoaff Lake offers a serene setting for fishing and birding, with two pavilions ideal for cookouts and large gatherings. For more outdoor fun, folks attend concerts and seasonal performances at Foellinger Theater, the neighborhood’s outdoor venue that sets into the grassy hillside of Franke Park. Snacks and drinks are available at the concessions, after which locals kick back or join in on the entertainment. Events at the covered open-air theater occur year-round, rain or shine, and include a summer concert series and movie screenings. SportONE Parkview Fieldhouse and Icehouse gets the blood pumping with programs and sports teams. People of all ages enroll in the Icehouse’s hockey leagues and skating academy or enjoy the rink at their own leisure during a public skate. The Fieldhouse is an indoor sports destination featuring eight volleyball courts and six basketball courts within its 57,000-square-foot facility, and hosts competitions, tournaments and camps. One of the area’s biggest attractions is the Fort Wayne Children’s Zoo, home to an exciting variety of wild animals. Take a global expedition through the zoo’s regional enclosures, from Australian Adventure to African Journey. Discover tropical fish and aquatic animals at Stingray Bay and The Reef, and meander through the Sumatran jungle to catch sight of tigers and orangutans.

Franke Park's Children's Zoo gives visitors a chance to pet a stingray.
Franke Park's Children's Zoo gives visitors a chance to pet a stingray.
Hit the whoops at Fort Wayne's Franke Park BMX track.
Hit the whoops at Fort Wayne's Franke Park BMX track.
Residents of Franke Park have the city's best sledding hill in their neighborhood.
Residents of Franke Park have the city's best sledding hill in their neighborhood.
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Grabbing a bite and a brew in Franke Park

Locals venture to 2Toms Brewing Company for an extensive list of rotational adventurous beers. Their Verde Mexican Lager and S’mores Imperial Stout are made in-house. The brewery’s menu is just as abundant, offering loaded sandwiches and made-from-scratch entrees using locally sourced ingredients. Northcrest Shopping Center and the mall at Glenbrook Square lie just east of the neighborhood. Shops include major chains like Macy’s, DICK’S Sporting Goods and HomeGoods. Kroger, Target and Fresh Thyme Market have the grocery basics covered.

Residents of Franke Park can stop into 2Toms Brewery for wonderful beer, food, and service.
Residents of Franke Park can stop into 2Toms Brewery for wonderful beer, food, and service.
Macy's at Glenbrook Square Mall has long been a prime shopping destination for Franke Park.
Macy's at Glenbrook Square Mall has long been a prime shopping destination for Franke Park.
Franke Park residents can find all of their sporting goods at Dick's.
Franke Park residents can find all of their sporting goods at Dick's.
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Modest homes priced lower than the national average

One selling point for life in Franke Park is its homes’ price points: the median single-family price is just $176,000, well below the national average. Ranch and split-level homes lay horizontally between well-tended lawns and dotted trees, selling after only 26 days on the market, on average. Although stylistic details vary from homes to home, two or three bedrooms plus a one-car garage are the most common. A two-bedroom, two-bathroom would fetch as low as $150,000, while a more spacious build would pass the $200,000 mark.

Homes in Fort Wayne's Franke Park have large lots.
Homes in Fort Wayne's Franke Park have large lots.
Pride in ownership is on display with this Franke Park split-level.
Pride in ownership is on display with this Franke Park split-level.
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Getting the grade in the Fort Wayne Community School System

Franke Parke’s students attend class in the Fort Wayne Community School System. Franke Park Elementary gets a C-plus overall from Niche. Northwood Middle School serves sixth through eighth graders and has a C rating. High schoolers attend North Side High, which offers nine graduation pathways and a prospering fine arts program that includes an award-winning marching band, a show choir and a dance team. The school earns a B-minus from Niche.

Neighborhood Children may attend Franke Park Elementary.
Neighborhood Children may attend Franke Park Elementary.
Neighborhood children may attend Northwood Middle School.
Neighborhood children may attend Northwood Middle School.
North Side High School shows off it's beautiful architecture to Fort Wayne residents.
North Side High School shows off it's beautiful architecture to Fort Wayne residents.
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A note on the city's environmental state

Life in Franke Park brings a few environmental risks. According to RiskFactor, the greater Fort Wayne area carries a moderate risk of flooding, fires, extreme heat and poor air quality. The latter is perhaps the greatest cause for concern, due to the presence of mercury in the city’s air and water. The Indiana Department of Environmental Management is aware of which water bodies contain harmful levels of mercury, plus levels of dissolved oxygen, e. coli and those with a compromised biological integrity.

Malcolm Longerbeam
Written By
Malcolm Longerbeam
Victoria York
Video By
Victoria York

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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

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Parks in this Area

Transit

Airport

Fort Wayne International

27 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Franke Park US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$190,000
Median Single Family Price
$190,000
Average Price Per Sq Ft
$134
Last 12 months Home Sales
13
Median List Price
$194,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
343
Median Year Built
1978
Avg. Single Family Home Size Sq Ft
1,460
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
1,943
Median Lot Size Sq Ft
813,483

Distribution of Home Values

Source: Public Records

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Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,077
Median Age
37
Population Density
2 ppl/acre
Population under 18
22.8%
On par with the national average
23.8%
Population over 65
15.3%
On par with the national average
19.1%

Finances

Median Household Income
$61,875
Below the national average
$71,702
Average Household Income
$64,449

Education and Workforce

High School Graduates
97.3%
Above the national average
89.1%
College Graduates
38.4%
Advanced Degrees
16.9%
% Population in Labor Force
71.5%
Above the national average
65.1%

Weather

Annual Precipitation
39''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Somewhat Bikeable

Bike Score®

20 / 100

Car-Dependent

Walk Score®

6 / 100

Some Transit

Transit Score®

32 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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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.
NEIGHBORHOOD
Franke Park