Fountaintown, Indiana.
Typical home $321,809 (+2.7% in a year). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$948 (+128%) since Jan 2020.
- 1 year
- Up $8,606 +3%
- $313,203$321,809 since Sep 2025
- 5 years
- Up $70,367 +28%
- $251,442$321,809 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fountaintown$1,689
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Fountaintown, IN rose 2.7% over the past year — faster than the nation's +1.2%.
Living in Fountaintown, Shelby County, Indiana
Fountaintown is in Shelby County. Unemployment in Shelby County was 3.2% in August 2026, and the county had 0.1% more jobs in 2025 than the year before. The most people in Shelby County work in manufacturing, then schools and health care.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fountaintown is a community in Shelby County, Indiana, where neighbors tend to know one another. Winters are cold and snowy, with snow on the ground for part of the season, while summers are warm. Rain and melted snow fall steadily through the year, so people here are used to damp, wet weather.
Work. Many residents work in manufacturing, or in schools, hospitals and social care. Others work in restaurants, hotels and entertainment, or in professional and business services. Jobs in Shelby County edged up in the most recent year.
Things to do. For a day out, the Indianapolis Motor Speedway, a race track, is a longer drive away and is one of the best known places in the area. Nameless Creek, a river, is a short drive away and suits a quiet walk or an afternoon outdoors. The Riley Birthplace and Museum, also a short drive away, is a small museum for visitors who enjoy local history.
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What people in Shelby County work in
Employed residents by industry, from the Census survey. Shelby County had 18,930 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 18°; warmest in July, with highs near 84° and lows near 64°. About 20 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Greenfield weather station, 6 miles away (NOAA).
Largest workplaces in Shelby County
- Horseshoe Indianapolis901
- Ryobi Die Casting USAAluminum die-casting foundries900
- Major HospitalGeneral hospital736FTE
- Shelbyville Central SchoolsSchool district451FTE
- Pilkington North AmericaGlass, automotive, made from purchased glass408
- Knauf Insulation Plant 1Manufacturer of wool fiberglass insulation404
- WalmartWarehouse clubs and supercenters368
- Freudenberg-NOK General PartnershipGasket, packing, and sealing devices manufacturing312
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 60 workplaces with 20 or more staff, 9,243 people in all across the county; Fountaintown has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Shelby County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shelby County and the Indianapolis-Carmel-Anderson, IN metro.
Fountaintown home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fountaintown$321,809
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fountaintown6
Zip codes with a Fountaintown address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fountaintown — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.