NOT LISTED FOR SALE

1216 Drawbridge Ln Lafayette, IN 47905

Estimated Value: $385,000 - $469,872

3 Beds
3 Baths
2,972 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $295,000 $99 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,874/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • No HOA
  • Hershey Elementary School Rated A-
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of October 2019

Welcome to this fabulous home surrounded by trees and nature's beauty in the prestigious neighborhood of Kings Ridge! This home includes .80 acres of land, a solarium, hot tub, and a finished recreation room above the 2nd garage! This wonderful retreat offers an upgraded kitchen with pantry and stainless appliances. The great room has soaring ceilings, brick arches, wood burning stove. Features 3 bedrooms, loft/craft room that could be 4th bedroom, 3 full bathrooms. Finished basement with wet bar! Attached 2 car garage and detached 3 car with finished man cave above. Estate sale , sold as-is, inspections welcome.

Last Agent to Sell the Property

Becky Johnson

RE/MAX At The Crossing Listed on: 09/05/2019

RE/MAX At The Crossing

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1986

Lot Details

  • 0.8 Acre Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Workshop in Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Paddle Fans
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Carpet
  • Attic Access Panel
  • Finished Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 790818153010000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1986
  • Building Area Total: 4297
  • Garage Y N: Yes
  • Lot Size Acres: 0.801
  • Subdivision Name: Subdivision Not Available See Legal
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: movewithbecky@yahoo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1192
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Wet Bar, Paddle Fan, Entrance Foyer, Center Island
  • Living Area: 2972
  • Main Level Bedrooms: 1
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1208
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1764
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2
  • SqFt Total: 4297

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System
  • Foundation Details: Block
  • List Price: 295000

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Workshop in Garage
  • Garage Parking Other: Other

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Heating: Forced Air, Electric
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 34892
  • Parcel Number: 790818153010000010
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2294
  • Tax Lot: 23
  • Semi Annual Property Tax Amt: 1147
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 1, 2019
Sold by
Corman Jack D
Bought by
Corman Jack D and Eades Susan M
Seller's Agent
Becky Johnson
RE/MAX At The Crossing
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$479,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,045
Avg. Annual Appreciation
8.62%
Original Mortgage
$285,154
Outstanding Balance
$254,803
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$220,574

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 31, 2019
Sold by
Lockard Kimberle E
Bought by
Corman Jack D
Seller's Agent
Becky Johnson
RE/MAX At The Crossing
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,154
Outstanding Balance
$254,803
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$220,574

Purchase Details

Closed on
May 6, 2003
Sold by
Burghardt Clyde L and Burghardt Audrey A
Bought by
Lockard Michael and Lockard Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Corman Jack D -- Columbia Title Inc
Corman Jack D -- Columbia Title Inc
Lockard Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corman Jack D $285,154
Previous Owner Lockard Michael J $109,520
Previous Owner Lockard Michael J $151,895
Previous Owner Lockard Michael $50,000
Previous Owner Lockard Michael $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $295,000 0.0% $99 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $295,000 -- $99 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,740 $389,800 $47,700 $342,100
2023 $2,747 $373,200 $47,700 $325,500
2022 $2,565 $323,900 $47,700 $276,200
2021 $2,399 $305,000 $47,700 $257,300
2020 $2,283 $299,400 $47,700 $251,700
2019 $2,271 $299,600 $47,700 $251,900
2018 $2,218 $297,900 $47,700 $250,200
2017 $2,295 $304,000 $47,700 $256,300
2016 $2,236 $299,300 $47,700 $251,600
2014 $2,110 $286,000 $47,700 $238,300
2013 $2,192 $283,400 $47,700 $235,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Becky Johnson

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2019

    Non-BLC Member

    MIBOR REALTOR® Association

    Section Image

  • I

    Buyer's Agent in 2019

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21666393

MIBOR Broker Listing Cooperative®

APN: 79-08-18-153-010.000-010

Indiana Tippecanoe County Lafayette 47905

1216 Drawbridge Ln, Lafayette, IN

This home is located at 1216 Drawbridge Ln, Lafayette, IN 47905 since 05 September 2019 and is currently estimated at $440,468, approximately $148 per square foot. This property was built in 1986. 1216 Drawbridge Ln is a home located in Tippecanoe County with nearby schools including Hershey Elementary School, East Tipp Middle School, and William Henry Harrison High 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or 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 IDX listings have been excluded from this website.

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