Why Live in Sawmill
Sawmill, a neighborhood in Lafayette, offers a blend of recreational and residential features that appeal to a variety of lifestyles. Just east of the neighborhood, the historic Lafayette Country Club provides golf, tennis, and swimming facilities, while Shamrock Park offers playgrounds and Lafayette's first dog park, along with a boat ramp on the Wabash River. For those interested in local history, the Jewish Cemetery of Greater Lafayette provides a peaceful setting. Education in Sawmill is managed by the Lafayette School Corporation, with Jefferson High School receiving high ratings. The neighborhood's housing includes a mix of apartments, duplexes, and single-family homes, with larger New Traditional properties featuring vaulted ceilings and wooded lots. Local shopping includes unique finds at Leaping Leopard Antiques and treats from Mary Lou Donuts. Sawmill's proximity to downtown Lafayette, just 2 miles away, allows residents to enjoy festivals and events, including Beers Across the Wabash. While the neighborhood is car-dependent, the 6A bus provides public transit options. Purdue University is conveniently located under 4 miles away, offering additional cultural and educational opportunities.
Frequently Asked Questions
Is Sawmill a good place to live?
Sawmill is a good place to live. Sawmill is considered very car-dependent and somewhat bikeable with some transit options. Sawmill has 4 parks for recreational activities. It has a median age of 44. The average household income is $57,027 which is below the national average. College graduates make up 47.1% of residents. A majority of residents in Sawmill are renters, with 59.1% of residents renting and 40.9% of residents owning their home. A
local real estate agent serving Sawmill can help you decide if this neighborhood is the right one for you. Learn more on our
Sawmill neighborhood guide.
How much do you need to make to afford a house in Sawmill?
The median home price in Sawmill is $319,000. If you put a 20% down payment of $63,800 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in Sawmill. The average household income in Sawmill is $57K.
What are the best public schools in Sawmill?
The best public schools that serve Sawmill are:
- Jefferson High School has a B+ Niche grade, a student teacher ratio of 14:1 and an average review score of 3.9.
- McCutcheon High School has a B+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.8.
- Wea Ridge Middle School has a B Niche grade, a student teacher ratio of 16:1 and an average review score of 3.0.
What are the best private schools in Sawmill?
The best private schools that serve Sawmill are:
What are the most popular zip codes in Sawmill, Lafayette, IN?
What are the most popular neighborhoods near Sawmill, Lafayette, IN?
Are home prices dropping in Sawmill?
Yes, home prices in Sawmill are down 35% in the last 12 months.
Home Trends in Sawmill, IN
On average, homes in Sawmill, Lafayette sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Sawmill, Lafayette over the last 12 months is $299,450, down 35% from the median home sale price over the previous 12 months.
Median Sale Price
$299,450
Median Single Family Sale Price
$319,000
Median 2 Bedroom Sale Price
$299,450
Average Price Per Sq Ft
$170
Number of Homes for Sale
1
Last 12 months Home Sales
12
Median List Price
$319,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-35%