Oak Park is still a great area to raise kids in and is mid priced right now but prices have risen in the last 10 years even with the recession. There are a few parks in oak park and its fairly close to the river and very close to shopping. With that said, I'm not to fond of how the traffic has increased over this last year.
Elk Pointe is an excellent neighborhood to live in and raise a family, I often visited my childhood friend there; but the homes are pretty big and expensive.
The best thing to do is find a neighborhood your interested in and then call the Jeffersonville Police department. They will for sure tell you what neighborhoods to avoid.