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Topeka, IN Real Estate


According to census data in the year 2000 there were 474 housing units in Topeka. This represents a 24.7% growth from 380 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 474 were located in what is classified as a rural area.

Homeownership rate in Topeka is about 64.9%. Topeka's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Topeka were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.80%
Two Bedrooms34.80%
Three Bedrooms39.50%
Four Bedrooms12.20%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1957
Median Value of occupied units$79,600
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1975
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan6.30%
Simple Mortgage53.80%
Debt Free36.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%