Here's 861 Cowley Drive in Westfield, IN 46074, listed at $545,000.

1 photo from the listing — tap any to expand.

Photo of 861 Cowley Drive, Westfield, IN

For Sale — 861 Cowley Drive, Westfield, IN 460741 / 1

Quick read on the numbers:

$545,000

For Sale2 days on market

Beds

Baths

Sq ft

3,019

Built

2024

Acres

0.21

Here's what I think this home is worth:

Key things to know

Fireplace
3-car garage
Lancaster subdivision

From the listing

Lancaster * Private main-level office * Pond-view fenced backyard * Open layout with fireplace * Westfield IN. Located in Lancaster in Westfield, 861 Cowley Dr offers over 3,000 square feet with a layout designed for both everyday living and flexible space. Just off the entry, a private office creates a dedicated work-from-home area or quiet retreat. The open main level flows into a cozy family room centered around a fireplace and connects seamlessly to the gourmet eat-in kitchen featuring stainless steel appliances and a convenient planning center for organization, homework, or daily routines. Upstairs, a spacious bonus room provides additional living space for media, recreation, hobbies, or a second gathering area. The upper level also includes a laundry room and four bedrooms, including the owner's suite with dual sinks, a tile shower, and a walk-in closet. Step outside to enjoy a fenced .21-acre backyard overlooking peaceful pond views, creating a relaxing outdoor setting year-round. Residents of Lancaster enjoy access to neighborhood amenities including pools, playgrounds, pickleball courts, and more, adding additional recreation and gathering spaces within the community.

A few highlights from the feature list:

Interior

Attic AccessBreakfast BarHigh CeilingsTray Ceiling(s)Kitchen IslandEntrance FoyerPaddle FanEat-in KitchenPantrySmart ThermostatWalk-In Closet(s)

Exterior

Lighting

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$459,900

Land Value

$95,300

Land$95,300

21% of total

Improvement Value

$364,600

Improvements$364,600

79% of total

Annual tax · 2025: $9,978

Rough monthly:

Monthly payment

Estimate · $545,000

$3,797/mo

≈ $2,901 principal & interest · $832 tax · $65 HOA

Down payment (%)Interest rate (%)Term (yrs)

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $109,000 on a loan of $436,000.

Price history

Listedat $545,000
May 15, 2026

Lancaster · activity

past 6 months

Sold: 28
Median price: $435,000
Median DOM: 25 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 21% above median for similar nearby sales.

$400K$725KMedian $450K

$545K

A few places to dig deeper:

Lancaster Westfield-Washington Schools

MLS# 22102274

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.