Why Live in Coldbrook
Coldbrook, a small neighborhood in Lafayette, is situated 4 miles south of downtown and is known for its spacious lots and quiet, secluded atmosphere. The area is characterized by larger, well-built homes, primarily ranch-style and split-level, with some custom-built and occasional Craftsman or Colonial-inspired houses. Developed by the National Real Estate Company from the 1940s to the 1980s, these homes were designed to provide affordable housing. The neighborhood is self-contained with no thru streets, contributing to its peaceful environment. Safety is a notable feature, with crime rates lower than the national average. Coldbrook is part of the Lafayette School Corporation, with students attending Miami Elementary, Sunnyside Intermediate, Tecumseh Junior High, and the highly rated McCutcheon High School. The neighborhood is conveniently located near major highways, including Interstate 65, and offers public transportation via CityBus. Nearby amenities include Armstrong Park, which features walking trails, playgrounds, and sports courts, and Columbian Park, home to a zoo and water park. The Beck Lane Boys & Girls Club and the YMCA are also close by. Dining options include popular spots like Legacy Pub and Teays River Brewing & Public House. Shopping needs are met with Pay Less grocery store 3 miles away and Tippecanoe Mall 2 miles away. Local events such as A Taste of Tippecanoe and the Feast of the Hunters’ Moon provide cultural and recreational activities. However, there is an increased risk of flooding along Elliott Ditch on the southern border of Coldbrook.
Frequently Asked Questions
Is Coldbrook a good place to live?
Coldbrook is a good place to live. Coldbrook is considered very car-dependent and somewhat bikeable with some transit options. Coldbrook has 2 parks for recreational activities. It has a median age of 31. The average household income is $52,894 which is below the national average. College graduates make up 30.3% of residents. A majority of residents in Coldbrook are renters, with 80.4% of residents renting and 19.6% of residents owning their home. A
local real estate agent serving Coldbrook can help you decide if this neighborhood is the right one for you. Learn more on our
Coldbrook neighborhood guide.
How much do you need to make to afford a house in Coldbrook?
The median home price in Coldbrook is $1,600,000. If you put a 20% down payment of $320,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $8,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $355K a year to afford the median home price in Coldbrook. The average household income in Coldbrook is $53K.
What are the best public schools in Coldbrook?
The best public schools that serve Coldbrook are:
What are the best private schools in Coldbrook?
The best private schools that serve Coldbrook are:
What are the most popular zip codes in Coldbrook, Lafayette, IN?
What are the most popular neighborhoods near Coldbrook, Lafayette, IN?
Home Trends in Coldbrook, IN
On average, homes in Coldbrook, Lafayette sell after 84 days on the market compared to the national average of 70 days. The median sale price for homes in Coldbrook, Lafayette over the last 12 months is $1,550,000, up 253% from the median home sale price over the previous 12 months.
Median Sale Price
$1,550,000
Median 2 Bedroom Sale Price
$1,550,000
Median 1 Bedroom Sale Price
$1,489,000
Average Price Per Sq Ft
$1,016
Number of Homes for Sale
0
Last 12 months Home Sales
6
Median List Price
$1,600,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
253%