$219,381Average Value$128Average Price per Sq Ft2Homes For Sale
Retail and recreation near newer homes on the outskirts of Muncie
Lantern-Pearwood-Keller is a suburban neighborhood 4 miles northwest of downtown Muncie. Located in the county’s top school district and surrounded by retail resources and family-friendly activities, Lantern-Pearwood-Keller is a quiet almost rural community. Despite being bordered to the south and west by farmland, residents are still just a few minutes from West McGalliard Road and the area's many shopping, dining and recreation options. There’s a Walmart less than a mile away, indoor play zones for kids, and athletic facilities including: a gymnastics center, weightlifting gym and the Northwest YMCA. Compared to houses in central Muncie, Lantern-Pearwood-Keller’s homes are much newer, and date back to the 1970s and early 90s, rather than the early 20th century. Because of their age and proximity to nearby amenities, homes here tend to cost nearly double the overall average for the Muncie metropolitan area.
Ranch-style and new traditional homes
Lantern-Pearwood-Keller has ranch-style homes dating back to the 1970s as well as new traditional homes constructed from the early 1990s to the present date. Houses here feature exterior siding in a mix of vinyl and brick, and don front-facing two-car garages are common. Most homes here are detached single-family units, but there are also some duplexes in the neighborhood, which provide a slightly more affordable option. The median lot size is about a quarter-of-an-acre. The average home value here is nearly double the average for the Muncie metro area, and sales prices range from $100,000 to $400,000.
Ranch style homes with large garages are highly desirable in Lantern-Pearwood-Keller.
Newer builds with two car garages are a popular option for buyers in Lantern-Pearwood-Keller.
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Delaware County’s best school district
Students in Lantern-Pearwood-Keller attend Yorktown Community Schools, which has an overall A rating and ranks as Delaware County’s best school district on Niche. Children start their education at the A-minus-rated Pleasant View Elementary School for kindergarten through second grade before continuing on to the A-minus-rated Yorktown Elementary School for third through fifth. Yorktown Elementary School ranks as Delaware County’s best public elementary school on Niche. Students then attend Yorktown Middle School, which has a B-plus rating and ranks as Delaware County’s second-best public middle school on Niche. From there, its on to Yorktown High School, which has an A rating and ranks as the county’s second-best public high school on Niche. Yorktown High School was also named a National Blue Ribbon School in 2012 and offers dual enrollment programs through Indiana University.
Getting around Muncie
Lantern-Pearwood-Keller is a car-dependent neighborhood 4 miles northwest of downtown Muncie. It takes 12 minutes to drive there or about 30 minutes when taking the local MITS bus stop. The nearest medical center is IU Health Ball Memorial Hospital, 3 miles away. When traveling out of town, residents fly out of Fort Wayne International Airport, 69 miles away, or Indianapolis International Airport, 76 miles away.
The buses in Lantern-Pearwood-Keller run frequently with convenient stops throughout.
Ball Memorial Hospital is a short drive from Lantern-Pearwood-Keller.
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Recreation for kids, a weightlifting gym and the Northwest YMCA
When kids need to let their energy out, parents have options. They can take them to Escapades Family Fun Center, which has an enormous indoor playground; Bouncyland, an indoor bounce house facility; or Boulder Falls, a batting cage and mini golf course. Nearby, other parents opt to sign their kids up for dance, gymnastics or cheer programs at Cole Academy, while they stay fit with memberships at Midwest Muscle next door. This gym offers a six-week challenge program with semi-private training sessions, nutrition coaching and weekly check-ins. Other residents join the Northwest YMCA, which has indoor tennis courts, exercise classes and childcare.
Work on leg day at Midwest Muscle in Lantern-Pearwood-Keller.
The Northwest YMCA is a popular spot to work out in Lantern-Pearwood-Keller.
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Local restaurants, fast food and retail shopping
For breakfast, lunch or an afternoon sweet treat, residents head to Concannon’s Bakery Café. This local shop sells donuts, custom cakes and homemade candies along with a soup and sandwich menu. Dinners are best enjoyed at the Yummy Grill and Buffet, which has a sushi bar, hibachi grill and salad bar; or they can be picked up from nearby fast-food restaurants like Panda Express, Taco Bell or Steak ‘n Shake. Less than a mile from the neighborhood, West McGalliard Road is lined with big-box retailers like Walmart, Best Buy and Lowe’s, as well as a Ruler Foods for groceries.
Taco Bell is always a solid lunch option in Lantern-Pearwood-Keller.
Concannon's Bakery Cafe in Lantern-Pearwood-Keller has some of the best donuts in town.
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Programming for all ages at the Kennedy Library
Many residents find community at the Kennedy Library, nearly 3 miles from the neighborhood. “Obviously, we have books, but we’ve got a lot more, too,” says Susan Fisher, public relations supervisor at the Muncie Public Library. “Whatever you can think of, we have a program for it.” New parents can take their babies to story times, toddlers can meet their peers at organized free play, and elementary and middle school kids can attend art and science classes. The library hosts Free Movie Fridays for families to enjoy, and adults can get involved in the library’s programming by attending book clubs and author talks.
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
Interested in learning more about homes in this area?
Reach out to
Suzie Mack,
an experienced agent in this neighborhood.
Parks in this Area
McCulloch Park
Minnetrista Museum & Gardens
Crime and Safety
1 - Low Crime, 10 - High Crime
Lantern-Pearwood-Keller
US
Homicide
2
4
Sexual Assault
4
4
Assault with Weapon
3
4
Robbery
2
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Lantern-Pearwood-Keller, Muncie sell after 32 days on the market compared to the national average of 47 days. The average sale price for homes in Lantern-Pearwood-Keller, Muncie over the last 12 months is $230,108, down 4% from the average home sale price over the previous 12 months.
Welcome to this well-maintained 3-bedroom, 2-bath home located in the desirable Pearwood Place addition, just minutes from shopping, restaurants, and more. Situated in the Yorktown School District, this home offers both comfort and convenience. Enjoy a spacious open floor plan with a large Great Room featuring a gas log fireplace, perfect for cozy evenings. The main-level primary suite provides
This triplex/quadplex would make a great investment property. 3-two bedroom units each with a garage space. 4 car garage. One unit has had a full renovation including new HVAC. There is a 4th unit that could be finished. Three finished units are currently occupied. Yorktown Schools. Current total rent is $2,315 but that is likely below market value for the area. Roof is only 6 years old.
Interested in learning more about homes in this area?
Reach out to
Suzie Mack,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
579
Median Age
45
Population Density
6 ppl/acre
Population under 18
19%
On par with the national average
23.8%
Population over 65
29.7%
Above the national average
19.1%
Finances
Median Household Income
$58,507
Below the national average
$71,702
Average Household Income
$65,139
Education and Workforce
High School Graduates
88.2%
College Graduates
31.6%
On par with the national average
34.1%
Advanced Degrees
14.8%
% Population in Labor Force
71.2%
Above the national average
65.1%
Weather
Annual Precipitation
42''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
9''
Area Factors
Somewhat Bikeable
Bike Score®
37/ 100
Car-Dependent
Walk Score®
5/ 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.
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.
