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107 Parkerwood Ln, West Lafayette, IN, 47906

3beds
4baths
2,138sqft
$520,000
$243price/sqft
$3,321/moest. monthly cost
$132,840/yrincome needed

About This Home

Welcome home to this stunning 3-story modern townhome with the custom features you expect! On the entry/garage level, you have a 2-car garage and one bedroom with ensuite full bath, next level up is the 10 ft ceiling open floor plan living/dining/kitchen with custom cabinetry in the L-shaped kitchen with stone counters, full suite of stainless appliances, 21'x10' covered outdoor living space/balcony, 3rd level with the primary bedroom with a spa-like bathroom with twin sinks, walk-in custom-tiled shower and giant walk-in closet. Additional bedroom with full bath complete the 3rd floor. Other townhomes available to see! At the edge of Purdue campus, close to shopping, dining, and schools! Completion Date Nov 2025

Getting Around

44
WalkingCar-Dependent
50
TransitGood Transit
55
BikeBikeable

Schools

8/10
8/10
Klondike Middle SchoolGrades 6-83.2 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Dimensional Shingles
  • Construction materials: Brick,Wood Siding,Cement Board

Other

  • Builder name: Old Town Design Group

Type & Style

  • Home type: Condo
  • Architectural style: Craftsman
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Exhaust Fan,Gas Range,Tankless Water Heater

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Upper
  • Area: 153

Features

  • 1st Bdrm En Suite,Breakfast Bar,Ceiling-9+,Walk-In Closet(s),Stone Counters,Kitchen Island,Open Floorplan,Double Vanity,Stand Up Shower
  • Flooring: Carpet,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 2,138

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,138
  • Total interior livable area: 2,138 sqft

Kitchen

  • Level: Upper
  • Area: 165

Living Room

  • Level: Upper
  • Area: 323

Property

Details

  • Parcel number: 790624427057.000029

Features

  • Levels: Three Story
  • Stories: 3
  • Patio & porch: Deck Covered,Porch Covered
  • Exterior features: Irrigation System
  • Fencing: None

Lot

  • Lot size: 1,916 sqft
  • Features: Level,Planned Unit Development,City/Town/Suburb,Near Airport,On College Campus,Near Walking Trail,Landscaped
  • Lot size dimensions: 22 x 86

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Winter Weather
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $2,629$31,548
Home Insurance *$207$2,484
Property Taxes $290$3,480
Electricity $195$2,351
Total$3,321$39,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,862/yr
40% on housing$99,630/yr
45% on housing$88,560/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 47906$173
Tippecanoe County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 47906$185
Tippecanoe County$172

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)

No zestimate history available

Price History

DateEventPrice
2025-05-12Listed for sale$520,000

New Construction

AgentEric Seymour
BrokerageBerkshireHathaway HS IN Realty

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