Sheffield Homes under $500,000

Welcome to Sheffield, Indiana – a hidden gem nestled in the heart of Tippecanoe County! This charming township offers a perfect blend of small-town charm and modern conveniences, making it an ideal place for families, professionals, and retirees alike. With its welcoming community and picturesque landscapes, Sheffield is a wonderful place to call home.

One of the standout features of Sheffield is its affordability. For those seeking a cozy abode without breaking the bank, the township boasts a variety of homes priced under $500,000. Whether you’re looking for a quaint starter home, a spacious family residence, or a stylish townhouse, you’ll find an impressive selection that caters to diverse tastes and needs. The real estate market here is thriving, offering ample opportunities for first-time buyers and seasoned investors alike.

Sheffield is also known for its excellent schools, beautiful parks, and a strong sense of community. Residents enjoy easy access to local amenities, including shopping, dining, and recreational activities. The township’s proximity to Lafayette and West Lafayette means that you can enjoy the tranquility of suburban living while being just a short drive away from the vibrant culture and entertainment options of these nearby cities.

Discover the charm of Sheffield, Indiana, where affordable homes and a warm community await. Your dream home in this delightful township is just a visit away!

Newest Sheffield Homes under $500,000

$199,000

3 Beds ⋅ 1 Baths ⋅ 202640811 MLS ⋅ 1,424 SqFt. ⋅ James Tonnsen

Enjoy the best of small-town living in Dayton! This 3-bedroom, 1-bath home offers a fantastic opportunity for those looking to add their personal touch and unlock its full potential. Featuring a large yard with plenty of space for outdoor activities, gardening, or entertaining, this property has room to grow both inside and out. Conveniently located near the interstate and SIA, you'll enjoy an easy commute while still experiencing the charm and relaxed feel of a small town. With plenty of potential, this could be the perfect place to create a home of your own!

279 Republican St, Dayton

Listing courtesy of James Tonnsen from Trueblood Real Estate. Agt: 864-449-4309

$275,000

2 Beds ⋅ 2 Baths ⋅ 202640164 MLS ⋅ 1,358 SqFt. ⋅ LuAnn Parker

This inviting property sits on 1.17 acres, offering that perfect blend of country space with town convenience. Located within the desirable Dayton Elementary district, this home features two generous bedrooms. The unfinished basement provides ample storage space, workshop space, or future finishing potential. The attached garage is a large 2-car (30x32) plus an additional 2-car outbuilding for equipment or additional vehicles. It is a rare mix of elbow room and accessibility, just minutes from town. Ready for you to call it home and start making memories.

8606 E Sr 38, Lafayette

Listing courtesy of LuAnn Parker from Keller Williams Lafayette. Agt: 765-490-0520

$499,900

3 Beds ⋅ 3 Baths ⋅ 202639903 MLS ⋅ 2,687 SqFt. ⋅ Ashley Milakis Spencer

Welcome to Baker Farms and the St. Croix by Majestic Homes! This 2-story, 2,687 sq ft home offers 3 bedrooms, 2.5 baths, and an open, functional layout. The main level features a spacious 2 story great room with gas fireplace, formal dining room, kitchen with peninsula island, breakfast nook, and large laundry room. The private owner's suite includes a tray ceiling, tiled walk-in shower, double vanity, and water closet. Upstairs offers 2 additional bedrooms, full bath, and large bonus room with closet. Enjoy great curb appeal with board-and-batten siding, stone accents, 3-car garage, and covered rear porch overlooking the spacious backyard.

3505 Goris Dr, Lafayette

Listing courtesy of Ashley Milakis Spencer from Raeco Realty.

$449,900

3 Beds ⋅ 2 Baths ⋅ 202639605 MLS ⋅ 2,218 SqFt. ⋅ Kevin Weaver

Majestic Homes proudly introduces the Trinity model. Boasting 2,218 square feet of custom living space, the Trinity offers 3 gererous bedrooms, 2 baths, a den and large rear covered porch. The kitchen offers custom cabinetry w/ slow-close door & drawers, a large island, stainless appliances, and granite countertops, while the dining room provides additional cabinets, a serving buffet and walk-in pantry. The owners suite is privately situated in the rear of the home and includes a handsomely tiled, walk-in shower, large dual sink vanity and a walk-in closet. The spacious laundry room will make laundry a breeze! TSC Schools!! Don't miss it!

3524 Collier Dr, Lafayette

Listing courtesy of Kevin Weaver from F.C. Tucker/Shook.

$325,000

3 Beds ⋅ 2 Baths ⋅ 202638420 MLS ⋅ 1,896 SqFt. ⋅ Chad Spitznagle

Location, peace of mind, and endless potential come together in this fantastic 3-bedroom, 2-bathroom home situated on a generous 0.6+ acre lot with NO HOA. Offering the ultimate freedom and space, this property is a commuter's dream, located only 4 miles from I-65 for fast, seamless travel and just 5 miles from Subaru of Indiana Automotive—making it the ideal spot for local professionals looking to cut down their daily drive but also have a peaceful country setting. The property features a new furnace/central A/C unit, a new water heater, and a young 5-year-old roof. Inside, the clean-slate interior acts as a blank canvas waiting for your personal touch.

9410 State Road 38 E, Lafayette

Listing courtesy of Chad Spitznagle from Weichert Realtors Len Wilson. OFC: 765-250-4644

$114,900

2 Beds ⋅ 1 Baths ⋅ 202635840 MLS ⋅ 696 SqFt. ⋅ Grant Thompson

Fantastic starter home in the heart of Dayton! Welcome to 764 Main Street. This 2 bed 1 bath home is perfectly priced for the first time buyer or the seasoned investor. Schedule your showing today before it sells!

764 Main St, Dayton

Listing courtesy of Grant Thompson from Raeco Realty.

$464,900

3 Beds ⋅ 2 Baths ⋅ 202617950 MLS ⋅ 2,175 SqFt. ⋅ Michelle Wagoner

BUILT BY Milakis Homes, this brand-new Violet floor plan offers 2,175 square feet of thoughtfully designed living space with an open layout and a three-car garage. Situated on a spacious lot in the Baker Farms neighborhood backing to a wooded area with no homes directly behind, this home combines quality construction, thoughtful design, and an unbeatable location just minutes from SR 38, I-65, SIA, hospitals, shopping, and TSC’s Dayton, Wainwright, and McCutcheon schools. The Craftsman-style exterior showcases a hip roof, stone columns, and a welcoming 17x8 covered front porch that opens into a spacious gallery entry. Inside, the home features three bedrooms and two full baths, including a flexible bedroom with French doors that functions perfectly as a home office or guest suite with direct access to a full bath. Designed for both everyday living and entertaining, the spacious kitchen offers custom cabinetry, quartz countertops, stainless steel appliances, a large island with bar-top seating, a built-in buffet and entertaining area, tiled backsplash, under-cabinet lighting, walk-in pantry, and an elegant tray ceiling accented with crown molding and rope lighting that extends into the dining area. The kitchen and dining spaces flow seamlessly into the expansive great room highlighted by a gas log fireplace with stone surround to the mantel and four large windows overlooking the backyard. The private owner’s suite features a tray ceiling with crown molding and rope lighting, a custom tiled walk-in shower, dual-sink vanity, linen closet, and spacious walk-in closet. Double atrium doors off the dining area lead to the 20x11 covered back porch, creating an ideal outdoor living space. Additional highlights include a finished garage with pull-down attic storage, full yard irrigation, high-efficiency HVAC system, high-efficiency water heater, and water softener.

3417 Collier Dr, Lafayette

Listing courtesy of Michelle Wagoner from Keller Williams Lafayette. Agt: 765-427-8386

$325,000

3 Beds ⋅ 3 Baths ⋅ 202627447 MLS ⋅ 1,980 SqFt. ⋅ Lindsey Foster

Nestled on 1.3 acres, this unique property offers endless possibilities with a 2 bed, 2 bath ranch home and an attached 1 bed, 1 bath apartment, perfect for multi-generational living, guests, rental income, or a private home office setup. The main residence features comfortable single-level living, while the attached apartment provides its own living space and added flexibility. Car enthusiasts, hobbyists, and those needing extra storage will appreciate the oversized attached garage, detached garage, and additional storage shed. Enjoy the peaceful setting with plenty of room for outdoor activities, gardening, or simply relaxing in the country atmosphere. As an added bonus, a mobile home located on the property will convey as personal property with the sale.

4236 S County Line Rd E Rd, Mulberry

Listing courtesy of Lindsey Foster from Rose Gold Realty.

$455,000

3 Beds ⋅ 2 Baths ⋅ 202620491 MLS ⋅ 1,792 SqFt. ⋅ Damon King

Escape to the peace of the countryside without sacrificing convenience. This spacious two-story farmhouse sits on almost six beautiful acres and offers the perfect blend of rural charm and practical functionality. With quick access to the highway, commuting and travel are simple while you still enjoy privacy, open space, and country living. Inspections welcome but property is being sold as is

6759 Us Hwy 52 S, Lafayette

Listing courtesy of Damon King from Indiana Realty Group. Cell: 574-870-6715

$300,000

3 Beds ⋅ 2 Baths ⋅ 202629028 MLS ⋅ 1,337 SqFt. ⋅ Jarred Ramsey

Welcome to this meticulously maintained ranch in Deerfield Farms, on the outskirts of Dayton. Inside, you’ll be greeted by beautifully updated flooring throughout. The bright great room features a stunning tiled gas fireplace as a focal point. The primary suite offers a luxurious tiled shower, and the kitchen boasts a brand-new stainless steel refrigerator and stove. With a one-year-old roof, 2020 windows, 2025 gutters and soffit, upgraded 200-amp electrical, 2022 heat pump HVAC, and a heated garage, this home’s updates shine inside and out. Step onto the large partially covered patio or enjoy the pool and insulated outbuilding. This thoughtfully updated interior makes it a truly move-in-ready gem!

608 Paden Dr, Dayton

Listing courtesy of Jarred Ramsey from Ramsey Real Estate LLC.

$499,000

3 Beds ⋅ 2 Baths ⋅ 202623991 MLS ⋅ 1,971 SqFt. ⋅ Cody Miller

Welcome to 8900 Kirkridge — a meticulously maintained ranch-style brick home nestled on what is arguably the best lot in one of Lafayette’s most desirable private neighborhoods. This stunning property offers 5 acres of mature trees, ravines, trails, and a spring-fed creek that flows into Wildcat Creek—a true nature oasis. Step through the formal foyer into a space featuring a wood-beamed vaulted ceiling, a charming brick fireplace, skylights, and oversized windows that seamlessly blend indoor comfort with the beauty of the outdoors. The spacious, open floor plan connects the kitchen to the living room, family room, and home office, creating an ideal setting for daily living and entertaining. The oversized master ensuite boasts vaulted ceilings, his and hers walk-in closets, a large bathroom with a walk-in shower, and private patio doors that overlook the creek and ravines—your personal retreat within nature. Additional highlights include a geothermal system for energy efficiency, a three-phase variable speed well ensuring consistent water pressure, reverse osmosis system, and water softener—enhancing the comfort and functionality of this exceptional home. The exterior design maximizes the stunning natural landscape, featuring expansive patio-paver back patios that span the entire rear of the house, complemented by modern steel-wire fencing. Enjoy tranquil views from your private sanctuary, along with a large side yard, fire pit for gatherings, a 10x16 shed, and drain tiles surrounding the structure for added durability. Opportunities to own in the coveted Kirkridge neighborhood are rare, with only a few estates changing hands each decade. All personal property is negotiable. Don’t miss this exceptional chance—schedule your visit today and make this rare property yours!

8900 Kirkridge Ln, Lafayette

Listing courtesy of Cody Miller from Raeco Realty.

$449,900

3 Beds ⋅ 3 Baths ⋅ 202625752 MLS ⋅ 2,094 SqFt. ⋅ Kevin Weaver

Majestic Homes is proud to present Baker Farms SD and the Santee model. The ranch-style Santee offers 2094 sq ft of living space in an open floor plan. You’ll appreciate the great curb appeal created by the stunning double front doors, board & batten siding, exterior stone highlights and the 3-car garage. Inside, you’ll enjoy 3 bedrooms, 2 1/2 baths, a spacious great room w/ gas log fireplace, handsome kitchen w/ custom cabinetry, quartz countertops, a peninsula island, and stainless appliances. The spacious owner’s suite has a stylish tray ceiling, dual vanity sinks, a water closet and walk-in, tiled shower. BR#s 2 & 3, each w/ walk-in closets, share a Jack & Jill bath and individual, private vanity spaces. Additionally, the den, complete w/ closet, could be used as BR #4, if desired. For convenience, the mud room, laundry and half bath are situated just off of the garage entry into the home. The over-sized rear covered porch overlooks the spacious back yard and provides a great space to unwind. Don’t miss it! TSC Schools!!

3475 Goris Dr, Lafayette

Listing courtesy of Kevin Weaver from F.C. Tucker/Shook.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.