$188,466Average Value$162Average Price per Sq Ft5Homes For Sale
Good schools, walkability and community events attract families
Just four miles south of downtown Lafayette, Edgelea is a residential development comprised of prefabricated homes built in the 1950s. These homes were part of a wave that accompanied the post-war suburban boom. Lafayette’s own National Real Estate Company built these homes here and shipped them all over the U.S. through the 1980s. These quaint homes continue to attract families looking for a suburban life with good public schools and grocery shopping, retail and dining options within half a mile. This winning combination of factors makes Edgelea an attractive location for families with school-age children and investors who prefer long-term renters. The homes have held up well. So has their value. In fact, homes here sell more than twice as fast as the national average.
Edgelea is located just four miles south of downtown Lafayette.
Welcome to Lafayette's Edgelea.
Edgelea is a quiet neighborhood with plenty of mature shade trees.
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Starter homes attract families and investors
Edgelea homes run small, sometimes under 900 square feet. They're almost all ranch-style. Some have carports, and some have a one-car garage in front or a detached garage in back.
But the demand is strong despite home sizes that would typically max out at 1,200 square feet.
These are prime starter homes and investment properties.
Indeed, local and especially outside investors are showing more and more interest in Edgelea.
"We're definitely a very hot market for investors, absolutely," O'Shea says.
"Other people are moving from very expensive, unaffordable markets into markets like this, which brings our values up and increases the demand," she says.
Prices range from $150,000 to $213,000. Homes sell in 19 days compared to the U.S. average of 43 days.
The homes in Edgelea are within reach for many first time buyers.
Ranch style homes make up the majority of houses in Edgelea.
While most homes in Edgelea are ranch style, there are a few two stories sprinkled throughout.
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Jefferson High students can earn college credit through Purdue University
"We have good schools. You can't go wrong with any of the school corporations around here," O’Shea says. Edgelea students can attend school in the Lafayette School Corporation, which receives a B-plus score from Niche. Children may attend Edgelea Elementary School, which earns an A-minus from Niche, before moving on to B-minus-rated Sunnyside Intermediate School and Lafayette Tecumseh Junior High School. High schoolers can attend B-plus-rated Jefferson High School, which offers more than 60 dual college credit courses in partnership with Purdue University and Ivy Tech Community College. On top of that, Jefferson’s foreign language program offers Chinese, Russian, Japanese and Spanish.
Residents of Bennett attend Edgelea Elementary School, boasting an A rating from Niche.
Lafayette Tecumseh Junior High School serves kids 8th though 9th.
Sunny Side Intermediate School serves grades first through sixth grade.
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Interstate 65 offers straight shot to big cities like Indianapolis
Edgelea's 5 miles west of Interstate 65, which takes drivers to major metropolitan cities such as Indianapolis which is 60 miles to the south. Although most residents get around by car, public transportation is an option, with several CityBus stops along S. 9th Street, S. 18th Street, Teal Road and Beck Lane.
Interstate 65 connects Edgelea travelers to many larger cities.
Edgelea residents can take advantage of the city's bus system.
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Castaway Bay and summer camp
Edgelea is steps away from Bishop Woods Park on the Central Catholic Jr.-Sr. High School campus. The park bustles with activity in the summer when kids spend their days at the Summer Knights Day Camp and Summer Sports Camps. Kids can choose from wrestling, track, soccer, softball, baseball, basketball, volleyball, football and tennis camps. A mile away, Armstrong Park features a paved walking trail, multiple playgrounds, baseball fields and lighted tennis and basketball courts. Named for astronaut and Purdue Alumnus Neil Armstrong, Armstrong Park is home to Castaway Bay, which has a pool with zero-depth entry and a deep end.
The Armstrong Park is a popular destination for Edgelea children.
Edgelea residents head to Armstrong Park for the peaceful trails.
The lake at Armstrong Park is a hot fishing spot for Edgelea anglers.
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Pubs and pancakes among local faves
Residents can walk to breakfast at local favorite Shellie's Café, known for its generous portions, including enormous pancakes. Shellie's is located in the Jefferson Square strip mall, which also includes a flower shop, barber shop and a Dollar Tree. Healthies Lafayette is another neighborhood favorite, serving nutritious shakes, smoothies and acai bowls next to the more calorie-intense Shellie's. Two miles to the east of Edgelea, Tippecanoe Mall includes anchor stores like Dick's, JCPenney, Kohl's and Macy's. Malibu Jack's Indoor Theme Park is a fun addition to the mall. Pay Less is 2 miles away for grocery shopping and the Walmart Super Center is 3 miles away.
Edgelea residents head to Healthies Lafayette for smoothies, shakes, and acai bowls.
Edgelea is located close to many shopping options.
Edgelea shoppers will find national brand stores at the Tippecanoe Mall.
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Lafayette Roller Derby rolls into fairgrounds for home games
The Tippecanoe County Fairgrounds, just north of Edgelea, hosts special events that draw crowds throughout the year. The Lafayette Roller Derby plays its home games here from early summer through the fall. In July, the Fairgrounds host the Tippecanoe County 4-H Fair.
The Tippecanoe County Fairgrounds are just across the street from Edgelea.
A little pig gets a bath after a good showing at The Tippecanoe County Fairgrounds near Edgelea.
The Tippecanoe County Fairgrounds puts on the classic tractor parade near Edgelea.
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Increased flood risk along Beck Lane
Edgelea's south end and the area along Beck Lane are at higher risk of flooding.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Edgelea, Lafayette sell after 26 days on the market compared to the national average of 52 days. The median sale price for homes in Edgelea, Lafayette over the last 12 months is $190,000, up 6% from the median home sale price over the previous 12 months.
Charming 3-bedroom, 1-bath home with endless potential! This property makes a great investment opportunity or a perfect first home. With a blank canvas ready for your personal touch, you can make it truly your own. Call your favorite realtor to schedule a private showing today!
Affordable 3-bedroom, 1-bath home with room to grow. Ideal as a starter home or investment property, it offers a practical layout and the chance to customize to your taste. Call your favorite realtor to schedule a private showing today!
This 3 bedroom 2 bath home has been remodeled inside and out! This property boasts new flooring, paint, cabinetry and appliances providing a fresh and modern feel. Home has new siding and brand new roof. The large backyard is a blank canvas, ready for your personal touch, whether it be a garden, play area, or outdoor entertainment space. Additionally, the 1-car attached garage provides
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
