c.1913 Indiana Foursquare With LOads of Great Original Elements $99K

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: STEVE SCHWERING

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The Pros

• Incredible Real Estate Value: Logansport is exceptionally budget-friendly. While home prices have seen steady upward momentum—pushing the median list price to around $150,000 to $200,000 depending on inventory—it remains vastly lower than both the state and national averages. It is a fantastic market for first-time buyers, investors, or those looking to secure a substantial property for less.

• Architectural Character: For a city of its size, Logansport features a wealth of historic housing stock.Neighborhoods like the Old Silk Stocking District boast beautiful Victorian, traditional craftsman, and turn-of-the-century architecture that offers immense character and curb appeal for buyers who love historic homes.

   

• Unexpected Cultural Diversity: Unlike many isolated Midwestern towns, Logansport is a vibrant melting pot. Thanks to historic and ongoing employment opportunities in agricultural processing and manufacturing, the town boasts a large, thriving immigrant population (with a prominent Latino community). Residents from over 50 different countries call Logansport home, bringing diverse local markets, annual festivals, and authentic dining options to the area.

   

• Excellent Parks and Recreation: Logansport has a highly rated park system. It features France Park—a massive county park built around a former stone quarry that offers scuba diving, swimming, ziplining, and camping. In town, Riverside Park is home to the Dentzel Carousel, a beautifully restored National Historic Landmark that is a major point of local pride.

   

• Strong Regional Connectivity: Positioned at the intersection of US-24 and State Road 25, Logansport functions as a convenient regional hub. It sits about 45 to 50 minutes north of Lafayette/Purdue University and roughly an hour and a half from Indianapolis, Fort Wayne, and South Bend.

   

The Cons

• Concentrated Local Job Market: While there is steady local employment, it is heavily concentrated in manufacturing, food processing (such as the massive Tyson Foods facility), healthcare, and retail. There are very few high-paying corporate, tech, or white-collar career paths within city limits, meaning young professionals or those with specialized degrees often face a long commute or rely on remote work.

• Pockets of Economic Blight: Like many old industrial and railroad towns, Logansport has experienced modern economic shifts. While downtown revitalization projects and new small businesses have brought back some spark, certain pockets of the city still struggle with aging infrastructure, vacant commercial properties, and visible signs of low-income stress.

• Limited “Big City” Shopping & Entertainment: While the town handles daily essentials well with local grocers, hardware stores, and casual dining, there is no major commercial mall or high-end retail. For major shopping excursions, specialty medical care, or robust nightlife, residents must routinely drive 40+ minutes to Kokomo or Lafayette.

   

• The “Seller’s Market” Inventory Squeeze: Because the price tag is so attractive, Logansport has turned into a highly competitive seller’s market. Inventory moves quickly (often with a median of 34 to 50 days on market), and homes frequently sell right at or near asking price, making it tough for buyers who don’t act fast.