NOT LISTED FOR SALE

1040 Sarasota Dr Lafayette, IN 47909

Edgelea Neighborhood

Estimated Value: $199,000 - $214,000

3 Beds
1 Bath
1,408 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 1040 Sarasota Dr, Lafayette, IN 47909 and is currently estimated at $207,359, approximately $147 per square foot. 1040 Sarasota Dr is a home located in Tippecanoe County with nearby schools including Edgelea Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Vick Glen and Vick Roland Glen
Bought by
Jp & Bw Acquisitions Llc
Current Estimated Value
$207,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$900,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$706,025

Purchase Details

Closed on
Oct 7, 2004
Sold by
Va
Bought by
Fischer Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Stiner Clifford Charles
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Oct 22, 2003
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Va
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jp & Bw Acquisitions Llc -- Metropolitan Title
Fischer Richard M -- --
Wells Fargo Home Mortgage Inc $69,623 --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jp & Bw Acquisitions Llc $900,000
Previous Owner Fischer Richard M $74,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,676 $133,700 $21,100 $112,600
2023 $1,800 $89,900 $21,100 $68,800
2022 $1,668 $83,300 $21,100 $62,200
2021 $1,467 $73,100 $21,100 $52,000
2020 $1,467 $73,100 $12,000 $61,100
2019 $1,467 $73,100 $12,000 $61,100
2018 $1,467 $73,100 $12,000 $61,100
2017 $1,466 $73,100 $12,000 $61,100
2016 $1,452 $72,400 $12,000 $60,400
2014 $1,500 $74,800 $12,000 $62,800
2013 $1,473 $73,600 $12,000 $61,600
Source: Public Records

Map

Indiana Tippecanoe County Lafayette 47909 Edgelea

1040 Sarasota Dr, Lafayette, IN

This home is located at 1040 Sarasota Dr, Lafayette, IN 47909 and is currently estimated at $207,359, approximately $147 per square foot. 1040 Sarasota Dr is a home located in Tippecanoe County with nearby schools including Edgelea Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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