Home Insurance in Topeka, Indiana
With a median home value of $141,700, Topeka is 45% lower than the LaGrange County median.
The typical home in Topeka was built around 1975. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 38% of homes were built before 1960, about 9 points above LaGrange County's 29%.
In Topeka, the housing stock is 71% single-family homes, 22% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In Topeka, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Topeka has an owner-occupancy rate of 67% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
73% of homes in Topeka are primarily heated with natural gas.
FEMA rates LaGrange County's overall risk as Relatively Low, led by strong wind (Relatively High). LaGrange County had 177 active NFIP flood policies as of September 2026. See the full LaGrange County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).
Key figures
| Median home value | $141,700 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in LaGrange County | 177 |
| Home insurance premium | $1,259 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)