987 Oak Terrace Road, Westfield, IN 46074 · $1,399,900 · Sold

Here's 987 Oak Terrace Road in Westfield, IN 46074. This listing is closed, but I can still walk you through the details.

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Photo of 987 Oak Terrace Road, Westfield, IN

Sold — 987 Oak Terrace Road, Westfield, IN 460741 / 1

Quick read on the numbers:

$1,399,900$1,499,900

Sold

Beds

Baths

Sq ft

5,183

Built

2020

Acres

0.27

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 7.3% below list in 57 days
2 fireplaces
Finished basement (2,583 sqft)
3-car garage
Chatham Hills subdivision

From the listing

Luxury living begins here, at the heart of Chatham Hills. Positioned on a private cul-de-sac overlooking the serene pond and the first tee of the Pete Dye-designed Championship Golf Course, this 4-bedroom, 3.5-bath ranch offers an unmatched blend of elegance and comfort. The open-concept living room features custom built-ins, crown molding, and a cozy fireplace, extending seamlessly to the covered deck with Phantom Screens and a built-in Sonos sound system-perfect for entertaining or quiet evenings outdoors. The chef's kitchen is both refined and functional, with a large island, double oven, butler's pantry, and built-in refrigerator. The sought-after layout places three bedrooms on the main level, including the owner's suite with a tray ceiling, spa-like bath, and an expansive California Closet. Bedrooms two and three share a stylish Jack & Jill bath, ideal for family or guests. The WALK-OUT lower level adds endless possibilities with a fourth bedroom, full bath, and expansive recreation space that opens directly to the backyard. This home is more than a residence-it's a front-row seat to the Chatham Hills lifestyle, where golf, nature, and refined living converge.

A few highlights from the feature list:

Interior

Walk-In Closet(s)Hardwood FloorsWet BarBreakfast BarKitchen Island

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,234,400

Land Value

$158,500

Land$158,500

13% of total

Improvement Value

$1,075,900

Improvements$1,075,900

87% of total

Annual tax · 2025: $12,062
Exemption: Homestead

This home has sold:

Sold

$1,390,000

-$109,900 below list (-7.3%)

Closed: Dec 1, 2025
Listed at: $1,499,900
Sold: 5 months ago
Sold in: 57 days

Price history

Sold$1,390,000
Dec 1, 2025
Price reduced$1,450,000 → $1,399,900
Oct 17, 2025
Listedat $1,499,900
Sep 5, 2025

Chatham Hills · activity

past 6 months

Sold: 30
Median price: $1,300,000
Median DOM: 12 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 97% above median for similar nearby sales.

$650K$860KMedian $705K

$1.4M

A few places to dig deeper:

Chatham Hills Westfield-Washington Schools

MLS# 22060990