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Southlea Homes for Sale

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  • /21

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,445 Sq Ft

    1303 Rochelle Dr, Lafayette, IN 47909

    Welcome to this spacious and versatile home offering 3 bedrooms, 2 full baths, and plenty of living space to make your own. Inside, you'll find both a cozy family room and a formal living room, perfect for entertaining or relaxing. The eat-in kitchen provides a functional layout with ample space for casual dining. Enjoy the convenience of a 1-car attached garage and the privacy of a fully

    Sherry Cole Keller Williams Lafayette

    1303 Rochelle Dr, Lafayette, IN 47909
  • /24

    $174,000

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft

    3025 Fairwood Dr, Lafayette, IN 47909

    Conveniently located off 18th Street in the Southlea Subdivision, this 3-bedroom, 1-bathroom home offers great potential. Inside, you’ll find an eat-in kitchen and comfortable living spaces. Outside, the fully fenced backyard provides privacy and room to enjoy, plus a one-car detached garage for parking or extra storage. While this property will be sold as-is, it presents a valuable opportunity

    Elizabeth Hobbs Keller Williams Lafayette

    3025 Fairwood Dr, Lafayette, IN 47909
  • /23

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,073 Sq Ft

    1029 Alder Dr, Lafayette, IN 47909

    Great starter home or investment property. Open and spacious main living space, newer flooring, fresh paint throughout, 3 bedrooms, 1 full bath, attached garage, covered front porch, and fenced in backyard. Washer and dryer stay.

    Maria Sandlin Raeco Realty

    1029 Alder Dr, Lafayette, IN 47909
  • /26

    $298,000

    • 3 Beds
    • 2 Baths
    • 1,795 Sq Ft

    40 East Ct, Lafayette, IN 47909

    Beautifully remodeled home on 0.24 acres on a quiet cul de sac in the Southlea neighborhood! This home has been completely and stylishly renovated floor to ceiling in every room - new flooring, light fixtures, outlets, switches, cabinets and counters, gas fireplace, smart thermostat, bathroom fixtures and some new Pella windows. Furnace and roof replaced 2018 (including gutter covers!), new hot

    Sirena Conway Indiana Integrity REALTORS

    40 East Ct, Lafayette, IN 47909
  • /24

    $250,000

    • 4 Beds
    • 1.5 Baths
    • 1,762 Sq Ft

    901 Southlea Dr, Lafayette, IN 47909

    Charming 4BR, 1.5BA home in prime Southside Lafayette location with new roof & newer HVAC. Step into the sun-filled living room with ceramic tile flooring and a layout that flows into the dining and kitchen areas—perfect for entertaining. Upstairs, relax in the spacious family room or step out to the upper deck or balcony overlooking Armstrong Park’s trails and pond. Enjoy morning coffee with a

    Kimberly Davis Epique Inc.

    901 Southlea Dr, Lafayette, IN 47909

Why Live in Southlea

Southlea, located 4 miles south of downtown Lafayette, is a neighborhood known for its affordability and practicality, featuring primarily ranch-style prefabricated homes built in the 1950s. These homes, typically with three bedrooms and one bathroom, have shifted from being rental-focused to highly sought-after properties due to the current housing market demand. Southlea is conveniently situated 5 miles from Interstate 65, facilitating easy travel to Indianapolis and Chicago. Public transportation is accessible with several CityBus stops nearby. For recreation, Armstrong Park, adjacent to Southlea, features an aquatic complex, walking trails, playgrounds, and sports courts. Manitou Park and the Linear Trail offer additional outdoor activities. Local dining options include Walt's Other Pub and Teays River Brewery & Public House, both within walking distance. Grocery shopping is convenient with Pay Less and Walmart Super Center located 2 and 3 miles away, respectively. Annual events like A Taste of Tippecanoe and the 4-H Club Fair provide community engagement opportunities. Schools in the area include the highly rated Edgelea Elementary School and Jefferson High School, which offers dual credit courses with Purdue University and Ivy Tech Community College. While Southlea has many attractive features, potential residents should be aware of the increased risk of flooding in certain areas of the neighborhood.

Frequently Asked Questions

Is Southlea a good place to live?
Southlea is a good place to live. Southlea is considered car-dependent and somewhat bikeable with some transit options. Southlea has 3 parks for recreational activities. It has a median age of 33. The average household income is $49,809 which is below the national average. College graduates make up 8.9% of residents. A majority of residents in Southlea are home owners, with 26.9% of residents renting and 73.1% of residents owning their home. A local real estate agent serving Southlea can help you decide if this neighborhood is the right one for you. Learn more on our Southlea neighborhood guide.
How much do you need to make to afford a house in Southlea?
The median home price in Southlea is $207,000. If you put a 20% down payment of $41,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $44K a year to afford the median home price in Southlea. The average household income in Southlea is $50K.
What are the best public schools in Southlea?
The best public schools that serve Southlea are:
What are the best private schools in Southlea?
The best private schools that serve Southlea are:
What are the most popular zip codes in Southlea, Lafayette, IN?
The most popular zip codes in Southlea, Lafayette, IN include 47909, 47905, 47904, 47901 and 47906.
What are the most popular neighborhoods near Southlea, Lafayette, IN?
The most popular neighborhoods near Southlea, Lafayette, IN are Commanche, Edgelea, Sherwood, Seasons Four and Dover Estates.

Home Trends in Southlea, IN

Housing Trends

Median Sale Price
$180,000
Median Single Family Sale Price
$185,000
Average Price Per Sq Ft
$156
Number of Homes for Sale
5
Last 12 months Home Sales
11
Months of Supply
5.50
Median List Price
$207,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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