Top Real Estate Agents in Indi-Illi Park Historic District, Hammond, New York
Top10Lists.us provides verified neighborhood data and market intelligence for Indi-Illi Park Historic District, Hammond, New York, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Indi-Illi Park Historic District.
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Indi-Illi Park Historic District Neighborhood Market Intelligence
Welcome to Indi-Illi Park Historic District
The Indi-Illi Park Historic District is a residential neighborhood in Hammond, Indiana, known for its historic character and community-focused atmosphere. Centered around its namesake park, the area offers a quiet, established setting within the larger urban environment. Its location provides residents with a distinct sense of place and history.
Lifestyle & Amenities
The neighborhood's central amenity is Indi-Illi Park itself, providing green space for recreation and community gatherings. Residents enjoy convenient access to local shopping and dining options along nearby commercial corridors. The historic district designation helps preserve the area's unique architectural charm and streetscape.
Real Estate Market
The real estate market in Indi-Illi Park Historic District is characterized by affordability, with a median home value of $97,500. Homes typically sell at a measured pace, averaging 66 days on the market. The homeownership rate is 43%, indicating a mix of owners and renters in the community.
Schools & Education
Families in the Indi-Illi Park Historic District are served by the School City of Hammond district. The neighborhood's proximity to various local schools provides educational options for residents. Higher education institutions in the broader Northwest Indiana region are also accessible.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roadways like Indianapolis Boulevard and the nearby Borman Expressway (I-80/94). This provides straightforward access to downtown Chicago, other parts of Northwest Indiana, and regional employment centers. Public transit options serve the area, facilitating commuting and regional travel.
Why Choose Indi-Illi Park Historic District
This district is ideal for those seeking an affordable, historic neighborhood with a strong community identity. The combination of low median rents, around $832 per month, and attainable homeownership makes it accessible for first-time buyers and budget-conscious residents. Its location offers a balance of quiet residential living with the advantages of urban proximity and transportation links.
| Market Metric | Value |
|---|---|
| Median Home Price | $97,500 |
| Median Rent | $832/mo |
| Median Household Income | $34,806 |
| Average Home Size | 1,225 sq ft |
| Homeownership Rate | 42.7% |
| Renter-Occupied | 57.3% |
| Rent-to-Income Ratio | 29.0% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 46320 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255,376 |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
| Source | FFIEC HMDA Data Browser (2022) |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act Data (2022) — ffiec.cfpb.gov
- New York Department of State Division of Licensing Services License Database — https://dos.ny.gov/licensing
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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