Why Live in Old Romney
Old Romney in Lafayette features a mix of housing options, with apartments and townhouses on the north side and single-family homes, including those in the Romney Run subdivision, on the south side. Homes here are relatively new, built between the mid-'90s and mid-'00s, and predominantly showcase New Traditional styles such as raised ranches and L-shaped ranches with two-car garages. Exteriors often feature brick and vinyl, with some homes adorned with decorative roof gables. The neighborhood is well-connected with narrow sidewalks but lacks mature tree cover. For green spaces, residents drive to nearby parks like Shadeland Park, about 5 miles southwest, which offers family-friendly features including unique play structures and pickleball courts. Armstrong Park, just east, provides a scenic paved path around a pond. Local amenities include Pay Less for groceries, a video game store, and a thrift store. Dining options nearby include Walt's Other Pub and Arni's, known for its thin-crust pizzas. Old Romney is about 3.5 miles south of downtown Lafayette, where events like the Lafayette Farmer's Market and Mosey Down Main Street draw locals. The neighborhood is conveniently located near U.S. 52, providing a direct route to Purdue University, just over 3 miles north. Public transportation includes the 6A bus, which runs every 30 minutes. The area is served by the highly rated Tippecanoe School Corporation, with McCutcheon High and Mayflower Mill Elementary both earning high marks.
Frequently Asked Questions
Is Old Romney a good place to live?
Old Romney is a good place to live. Old Romney is considered very car-dependent and somewhat bikeable with some transit options. Old Romney has 2 parks for recreational activities. It has a median age of 30. The average household income is $57,213 which is below the national average. College graduates make up 32.8% of residents. A majority of residents in Old Romney are renters, with 62.1% of residents renting and 37.9% of residents owning their home. A
local real estate agent serving Old Romney can help you decide if this neighborhood is the right one for you. Learn more on our
Old Romney neighborhood guide.
Is Old Romney, IN a safe neighborhood?
Old Romney, IN is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Old Romney?
The median home price in Old Romney is $422,990. If you put a 20% down payment of $84,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Old Romney. The average household income in Old Romney is $57K.
What are the best public schools in Old Romney?
The best public schools that serve Old Romney are:
What are the best private schools in Old Romney?
The best private schools that serve Old Romney are:
What are the most popular zip codes in Old Romney, Lafayette, IN?
What are the most popular neighborhoods near Old Romney, Lafayette, IN?
Are home prices dropping in Old Romney?
Yes, home prices in Old Romney are down 30% in the last 12 months.
Home Trends in Old Romney, IN
On average, homes in Old Romney, Lafayette sell after 72 days on the market compared to the national average of 70 days. The median sale price for homes in Old Romney, Lafayette over the last 12 months is $394,990, down 28% from the median home sale price over the previous 12 months.
Median Sale Price
$394,990
Median Single Family Sale Price
$394,990
Median Townhouse Sale Price
$349,990
Median 2 Bedroom Sale Price
$1,154,500
Average Price Per Sq Ft
$293
Number of Homes for Sale
2
Last 12 months Home Sales
33
Median List Price
$422,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-28%