4985 W Burrel Ln, New Palestine, IN, 46163
About This Home
This stunning 2-story former Lennar model home is ready for you now! Featuring brick and composite siding exterior and packed with premium upgrades and designer finishes. On the main level, you'll find an open layout, perfect for entertaining and everyday living. A versatile 5th bedroom/flex space provides options for a guest suite, office, or playroom. The kitchen boasts stainless steel appliances, quartz countertops, upgraded cabinetry, and a large island that flows seamlessly into the dining and living areas. Upstairs, discover four large sized bedrooms with upgraded closet shelving + a loft! The primary suite offers a double vanity, large walk-in shower, and a custom-designed closet with built-in shelving. As a former model home, every detail has been thoughtfully upgraded-from lighting and flooring to trim work and built-ins. Yard is top notch with upgraded landscaping & full irrigation system. Located in a desirable small town community with easy access to top-rated schools, parks, and beloved Frosty Boy just a mile up the road! -Schedule your private tour today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Slab
- Construction materials: Brick,Cement Siding
Other
- Builder name: Lennar
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Gas Oven,Refrigerator
- Laundry features: Upper Level
Bedroom2
- Level: Upper
- Area: 192
- Dimensions: 12x16
Bedroom3
- Level: Upper
- Area: 192
- Dimensions: 12x16
Bedroom4
- Level: Upper
- Area: 176
- Dimensions: 11x16
Bedroom5
- Level: Main
- Area: 120
- Dimensions: 10x12
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Attic Access,Double Vanity,Kitchen Island,High Speed Internet,Pantry,Breakfast Bar,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Natural Gas,High Efficiency (90%+ AFUE )
- Cooling features: Central Air
Interior Area
- Total structure area: 2,580
- Total interior livable area: 2,580 sqft
Kitchen
- Level: Main
- Area: 285
- Dimensions: 19x15
Loft
- Level: Upper
- Area: 160
- Dimensions: 10x16
Master Bedroom
- Level: Upper
- Area: 210
- Dimensions: 14x15
Sun Room
- Level: Main
- Area: 120
- Dimensions: 12x10
Property
Details
- Parcel number: 301017200001001013
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Patio
Lot
- Lot size: 10,454 sqft
- Features: Access,Corner Lot,Sidewalks,Storm Sewer,Street Lights
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Tornado
- Winter Weather
- Hail
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,757 | $21,084 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $196 | $2,352 |
| Electricity | $236 | $2,838 |
| Total | $2,364 | $28,368 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Price change | $350,000 |
| 2026-01-25 | Price change | $352,400 |
| 2026-01-02 | Listed for sale | $354,900 |
| 2025-07-29 | Sold | $345,000 |
| 2025-07-01 | Pending sale | $359,900 |
| 2025-05-30 | Price change | $359,900 |
| 2025-05-16 | Price change | $369,900 |
| 2025-05-01 | Listed for sale | $379,900 |
| 2023-05-31 | Sold | $318,995 |
| 2023-05-08 | Pending sale | $329,995 |
| 2023-04-21 | Listed for sale | $329,995 |
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