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Residential Land with Home for Sale in Lafayette, Indiana

2561 S 231 Hwy, Lafayette, IN 47909

$575,000
9 acres
Active
$25k drop
Est $3,214/mo

Welcome to this rare Lafayette find! Private 9 acre property with 2 homes tucked away in town, offering the perfect blend of convenience, income potential, and natural beauty. The main residence is a well-maintained 3 bedroom, 2 bath home with spacious living areas and large patio overlooking your very own wooded paradise. The 2nd home is a 1 bedroom, 864 sq. ft. home that provides steady rental income or a perfect mother in law suite. Enjoy over 6 acres of mature trees with meandering trails that are perfect for hiking, wildlife watching, or simply unwinding in nature. Recent improvements on the main home include HVAC 2 yrs old, Roof and skylight 1 year old Outbuildings include a generous pole barn and 2 sheds ideal for storage, hobbies, or a workshop. All of this is just minutes from Lafayette's shopping, dining, and Purdue University, giving you the privacy of the countryside with the convenience of city living. Estate Sale sold AS IS inspections welcome

1,680
Sq feet
3
Beds
2
Full baths
2000
Built

Location

Street address
2561 S 231 Hwy
School district
Tippecanoe School Corp.
Elevation
645 feet
Coordinates
40.3927, -86.9024

Directions

South on 4th St to Old 231S. Turn left immediately after crossing the RR bridge.This road goes behind the Outpost. At the Y stay to the left that follows the RR tracks. The private gravel road will lead to the property.

Property details

Acreage
9 acres
MLS #
LRAOR 202531888
Posted

Property taxes

Recent
$4,754

Parcels

  • 79-07-32-377-002.000-005

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage

Structure

Style
New Traditional
Stories
1
Heating
Forced Air, Propane
Cooling
Central Air
Roof
Asphalt

Interior

Room Count
6
Rooms
Bathroom x 2, Bedroom x 3, Dining Room, Great Room, Kitchen, Living Room
Appliances
Dryer, Electric Range, Range
Features
Ceiling-Cathedral, Dishwasher, Dryer Hook Up Electric, Refrigerator, Water Softener-Owned

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable
WaterPublicAvailable
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
Wea RidgeElementaryTippecanoe School Corp.
Wea RidgeMiddleTippecanoe School Corp.
MC CutcheonHighTippecanoe School Corp.

Listing history

DateEventPriceChangeSource
Nov 2, 2025Price drop$575,000$25,000 -4.2%LRAOR
Aug 12, 2025New listing$600,000LRAOR
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This 9-acre property is located at 2561 S 231 Hwy in Lafayette, IN 47909. The property is available for sale for $575,000. It has a 1,680 sq ft 3 bedroom, 2 bath house built in 2000.

Checked 8 hours ago — Updated

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