Tri-Lakes, IN Real Estate

According to census data in the year 2000 there were 1,656 housing units in Tri-Lakes. This represents a 14.2% growth from 1,450 in 1990.

Of those housing units, 8 were located in either urbanized areas or urban clusters, and 1,648 were located in what is classified as a rural area.

Homeownership rate in Tri-Lakes is about 92.2%. Tri-Lakes's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Tri-Lakes were built after 1967.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4.50%
Two Bedrooms24.60%
Three Bedrooms53.90%
Four Bedrooms12.60%
Five Bedrooms or more4.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1968
Median Value of occupied units$126,200
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1959
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.50%
Home Equity Loan10.60%
Simple Mortgage52.20%
Debt Free26.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%