Pike Township, with a population of approximately 75,000, is a quiet, suburban residential community located in Marion County, Indiana. Pike Township residents enjoy living in close proximity to the excitement of Downtown Indianapolis. As the twelfth largest city in the United States, Indianapolis offers a variety of cultural, recreational, social and sporting opportunities, and also has a large medical community with many hospitals and the IU Medical School.
Pike Township has a well-balanced mix of light industry in addition to a number of retail and shopping plazas replete with a myriad of dining and entertainment choices. Pike Township is also home to Eagle Creek Park, one of the largest municipal parks in the United States. The natural beauty of this park with its 1,400 acres of water and 3,900 acres of dry land provides an abundance of activities such as hiking, fishing, sailing and skiing. It also includes a 27-hole golf course, bird sanctuary, archery range, woodland/wildlife preserve and other family activities.
The Pike Performing Arts Center (PPAC), located on the Pike High School campus, is a top-notch facility that seats 1,500 in the auditorium and 150 in the studio theatre. Most of the township is covered by the award-winning Metropolitan School District of Pike Township. The private Brebeuf Jesuit Preparatory School is also located in the district. Pike Township is a perfect place to settle down with your family and find your niche. Future homebuyers will be pleased to find that the Pike Township homes for sale are thriving, with single-family homes, condominiums and townhouses, and land lots making up the majority of the market.
Real Estate Market: Price Range of Pike Township Homes for Sale
Buyers can find an assortment of properties throughout Pike Township, whether they're looking for a waterfront home, a house in a planned community or subdivision, or near a college. Active adults also have options as there are listings for homes in retirement communities available. Beautiful single-family homes start at less than $100,000 and can range to over $200,000 for newer homes on large lots.
Condos and townhouses in Pike Township start for less than $100,000 up to the mid-$100,000s. There is also plenty of land and lots available for custom building. Stunning single-family homes with wooded lots in and around Eagle Creek Park run from $200,000 up to over $1 million and more.
There are hundreds of beautiful Pike Township homes for sale in and around Eagle Creek and Lafayette Rd. Normandy Farms at Eagle Creek is one of the most prestigious neighborhoods in , with over 400 custom homes priced from $400,000 and up. The exclusive neighborhoods of West 86th Street and The Preserve feature homes priced from $500,000 to over $2 million.
Pike Township Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $133,406 compared to $142,430 the previous week, showing a decrease of less than -7%. For Thursday, May 5th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Pike Township IN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Pike Township to help you find the best home!