Homes built in 2024 or later account for 28 of the 39 Three Meadows sales in the cited record. For a resale seller, that mix makes it important to establish what the completed transactions included.
The Three Meadows record
Between October 2024 and October 2026, 39 homes in Three Meadows closed through the Indiana Regional MLS, at a median of $490,900. The map gives the range as $374,000 to $700,000, and 28 of the 39 were homes built in 2024 or later.
What the numbers say
- Closed sales: 39
- Median sale: $490,900
- Range: $374,000 to $700,000
- Typical size: 2,627 square feet
- Built: 2019 to 2026
- Built in 2024 or later: 28 of the 39
- Homes on the plat: 117, by Tippecanoe County parcel records
The West Lafayette map tags it as mostly new construction.
What most of these sales were
The record identifies 28 of 39 sales as homes built in 2024 or later. Those recent-build transactions should be reviewed for the features, terms and seller involved before being used as direct comparisons for an owner's resale.
How often a house comes up
The map sets 39 sales against 117 homes and puts it at about one home in six selling each year. The two counts come from different records, the MLS and the county, so treat that as a rough figure. In a neighborhood still filling in, that pace is the build-out, not owners leaving.
Future resale activity will need its own record.
For the first owners who resell
The first resales in a young neighborhood are compared against whatever the builder still has for sale. A buyer can often choose between your house and a new one with a warranty and finishes they picked. Your house wins on what new cannot offer yet: a finished yard, window coverings, a closing date that does not wait on construction.
Knowing that before you set a price is most of the work.
For a buyer arriving on a schedule
A family relocating for a job may be choosing between a recent resale that can close in weeks and a new home that closes when it is finished. Three Meadows has had both. Which one fits depends on the start date and where the family lives in the meantime.
What a builder's purchase contract obligates you to, and what its warranty covers, is a question for the builder and for an attorney who reads the contract. What a sale would mean for your taxes belongs to your CPA.
The West Lafayette neighborhood map shows Three Meadows among the other neighborhoods, each on its own terms, and the West Lafayette page covers the town. The note on Arbor Chase covers selling an established house when new ones are closing nearby.
Source: Indiana Regional MLS closed sales via Redfin, October 2024 through October 2026, single-family and condo, as compiled for the West Lafayette neighborhood map. Homes on the plat: Tippecanoe County parcel records, October 2026.
This note is general. It is not an appraisal, and it is not legal or tax advice. What a specific house would bring depends on that house.