NOT LISTED FOR SALE

1225 Sourgum Ln La Fayette, IN 47905

Estimated Value: $250,000 - $269,960

3 Beds
2 Baths
1,434 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $142,900 $100 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,600/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered patio or porch
  • 2 Car Attached Garage
  • Ranch Style House
  • Walk-In Pantry
  • Double Pane Windows

About This Home

As of May 2017

This nearly new citation built home is in move in ready condition and features 1434 sqft, 3 bedrooms, 2 full baths, large kitchen with pantry,breakfast bar, and nook. Home also has sunroom, fenced yard, storage shed, storm shelter/safe room built into the garage floor. This home is a must see and won't last long.

Last Agent to Sell the Property

FRED VAN HOOK

Epique Inc. Listed on: 05/04/2017

Epique Inc.

Last Buyer's Agent

Maria Campos

Indiana Integrity REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 2012

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 61x119
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,434 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-07-35-278-043.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,003

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Age: 5
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: AMELIA STATION PD AMENDED LOTS 3 THRU 5 26 THRU 31-46 THRU 52-60 THRU 63 & 112 THRU 117 LOT 28
  • Parcel Number ID: 79-07-35-278-043.000-004
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Landscaped, Pantry-Walk In, Patio Open, Porch Covered, Porch Florida, Range/Oven Hook Up Elec, Six Panel Doors, Stand Up Shower, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 102.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 1434
  • Total Finished Sq Ft: 1434
  • Above Grade Finished Sq Ft: 1434
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x16, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Full, Privacy, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x22
  • Garage Sq Ft: 462

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 7xMain, On Level: 9

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Lafayette
  • Elementary School: Miami
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 61x119
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1003.16
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
May 30, 2017
Sold by
Payne Jason R and Payne Linda L
Bought by
Costas Anna D
Seller's Agent
FRED VAN HOOK
Epique Inc.
Buyer's Agent
Maria Campos
Indiana Integrity REALTORS
List Price
$139,900
Sold Price
$142,900
Premium/Discount to List
$3,000
2.14%
Current Estimated Value
$259,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,590
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Citation Partners Llc
Bought by
Payne Jason R and Payne Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,828
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2012
Sold by
Citation Homes Inc
Bought by
Citation Partners Llc

Purchase Details

Closed on
Apr 18, 2012
Sold by
Security Federal Savings Bank
Bought by
Citation Homes Inc

Purchase Details

Closed on
Sep 23, 2009
Sold by
G & L Development Co Inc
Bought by
Security Federal Savings Bank
Source: Public Records

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Range of Values:

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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
Costas Anna D -- --
Payne Jason R -- --
Citation Partners Llc -- --
Citation Homes Inc -- None Available
Security Federal Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Jason R $115,000
Previous Owner Payne Jason R $120,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $142,900 +2.1% $100 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $139,900 -- $98 / Sq Ft
Source: Indiana Regional MLS

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 $1,847 $228,700 $28,600 $200,100
2023 $1,832 $214,100 $28,600 $185,500
2022 $1,893 $189,300 $28,600 $160,700
2021 $3,206 $160,300 $28,600 $131,700
2020 $1,386 $137,100 $21,000 $116,100
2019 $1,324 $132,100 $21,000 $111,100
2018 $1,282 $129,000 $21,000 $108,000
2017 $1,132 $124,700 $21,000 $103,700
2016 $1,003 $117,700 $21,000 $96,700
2014 $897 $112,600 $21,000 $91,600
2013 $2,134 $106,700 $21,000 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201719434

Indiana Regional MLS

APN: 79-07-35-278-043.000-004