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Southlea Home for Sale

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    $249,900

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft

    1420 Rochelle Dr, Lafayette, IN 47909

    Move-In Ready & Completely Updated in Lafayette! Welcome home to this beautifully remodeled 3-bedroom, 2-bath home offering the perfect combination of modern updates, functional living space, and move-in-ready convenience! The updated kitchen features stylish finishes, abundant cabinet space, and is perfect for everyday living or entertaining guests. You'll love the open, inviting layout with

    Melissa Cameron The Stewart Home Group

    1420 Rochelle 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. For recreation, Armstrong Park, adjacent to Southlea, features an aquatic complex, walking trails, playgrounds, and sports courts. Other outdoor spaces include Manitou Park and the Linear Trail. Local dining options like Walt's Other Pub and Teays River Brewery & Public House are both within walking distance. Grocery stores like Pay Less and Walmart Super Center are located 2 and 3 miles away, respectively. Annual events, such as A Taste of Tippecanoe and the 4-H Club Fair, offer community engagement opportunities. Schools in the area include the highly rated Edgelea Elementary School and Jefferson High School, which offers dual credit courses in partnership with Purdue University and Ivy Tech Community College. 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. While Southlea has many attractive features, potential residents should be aware of the increased risk of flooding in certain areas of the neighborhood.

Southlea Home Prices vs. Nearby Lafayette, IN Neighborhoods

Southlea Hedgewood Edgelea Dover Estates
Median Home Price
$210,000
$209,950
$195,000
$249,400
Median Sale Price
$204,500
-3% YoY
$209,950
+8% YoY
$197,450
+4% YoY
$243,250
-1% YoY
Median Single Family Price
$204,500
$209,950
$194,950
$243,250
Total Active Listings
1 listings
0 listings
2 listings
2 listings
Market Conditions
1 Month of Supply
Seller's Market
0 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Southlea a good place to live?
Southlea is a good place to live. Southlea is considered car-dependent and bikeable with minimal transit options. Southlea is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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 27% of residents renting and 73% 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.
Is Southlea, IN a safe neighborhood?
Southlea, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Southlea?
The median home price in Southlea is $210,000. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Southlea. Learn how much home you can afford with our Home Affordability Calculator. 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, Central, South Oakland, Miller and Valley Center.
Are home prices dropping in Southlea?
Yes, home prices in Southlea are down 3% in the last 12 months.
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