People ask what homes in Chesapeake Pointe sell for. So far the only answer is what new ones sold for. None of the sales on record is an owner reselling.
The short answer
Between September 2024 and September 2026, 20 homes in Chesapeake Pointe closed through the Indiana Regional MLS, at a median of $490,000. The map gives the range as $435,000 to $688,532, and all 20 were homes built in 2024 or later.
What the numbers say
- Closed sales: 20
- Median sale: $490,000
- Range: $435,000 to $688,532
- Typical size: 2,520 square feet
- Built: 2024 to 2026
- Built in 2024 or later: 20 of the 20
- Homes on the plat: 43, by Tippecanoe County parcel records
The Lafayette map tags it as mostly new construction. The map also carries a separate neighborhood called Chesapeake Landing, with its own row and its own sales. A listing's neighborhood name is worth checking against the plat before it is used to price anything.
No resales yet
When every sale is a builder selling a house for the first time, the median is a builder's price. It includes the buyer's own selections and whatever incentives were on offer. What a Chesapeake Pointe house brings when its first owner sells is not in the record yet.
How often a house comes up
The map sets 20 sales against 43 homes and puts it at about one home in four selling each year. The two counts come from different records, the MLS and the county, so treat that as a rough figure. That pace is the neighborhood being built and sold for the first time. It says nothing about how often owners will move once it is finished.
For a buyer choosing new
A new home's price is set by the builder, and what is included varies by contract. Before comparing one to a resale elsewhere, list what is actually in the price: lot, finishes, window coverings, landscaping, and the closing date. A relocating family on a start date should also know when the house will be finished, not only what it costs.
The part I will not answer
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. Financing terms tied to a builder's preferred lender belong to that lender and to one you choose yourself for comparison.
The Lafayette neighborhood map shows Chesapeake Pointe among the other neighborhoods, each on its own terms, and the Lafayette page covers the town. The note on Baker Farms covers selling early in a neighborhood the builder is still selling.
Source: Indiana Regional MLS closed sales via Redfin, September 2024 through September 2026, single-family and condo, as compiled for the Lafayette neighborhood map. Homes on the plat: Tippecanoe County parcel records, September 2026.
This note is general. It is not an appraisal, and it is not legal or financial advice. What a specific house would bring depends on that house.