NOT LISTED FOR SALE

1405 Sourgum Ln Lafayette, IN 47905

Estimated Value: $247,000 - $259,125

3 Beds
2 Baths
1,466 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 07, 2014

Last sale price $119,000 $81 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,566/month

12 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Double Pane Windows

About This Home

As of August 2014

This well cared for home offers an open floor plan with a spacious kitchen offering bar top, upgraded cabinets, exhaust fan, decorative tin backsplash, faucet filter drinking water system and some S/S appliances. The eat in kitchen leads to the treed private backyard with newer vinyl fence. The master has a private bath and walk in closet. The home is nicely landscaped. The garage cabinets and work bench will remain with the home. The washer/dryer are negotiable. There is no awning for patio trellis. Easy access to the hospitals, schools and other amenities.

Last Agent to Sell the Property

Kelly Schreckengast

F.C. Tucker/Shook Listed on: 06/12/2014

F.C. Tucker/Shook

Last Buyer's Agent

Mary Holtz

Indiana Integrity REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 2009

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Backs to Open Ground
  • Vinyl Fence
  • Landscaped
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,466 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • ENERGY STAR/Reflective Roof

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-07-35-278-051.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$762

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2009
  • Age: 5
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Amelia Station PD Lot 50
  • Parcel Number ID: 79-07-35-278-051.000-004
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Cable Ready, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Garden Tub, Landscaped, Open Floor Plan, Patio Open, Stand Up Shower, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.97
  • Special Features: None

Interior Features

  • Total Sq Ft: 1466
  • Total Finished Sq Ft: 1466
  • Above Grade Finished Sq Ft: 1466
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 14x16, On Level: Main
  • Bedroom 1: Dimensions: 13x16, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: 7xMain, On Level: 5

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x124
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 50

Green Features

  • Energy Efficient: Appliances, HVAC, Roofing, Water Heater, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 762
  • Total Assessed Value: 102800
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jul 31, 2014
Sold by
Palacios Jamille and Lasanta Noel
Bought by
Sauer Joseph C and Sauer Nancy J
Seller's Agent
Kelly Schreckengast
F.C. Tucker/Shook
Buyer's Agent
Mary Holtz
Indiana Integrity REALTORS
List Price
$124,000
Sold Price
$119,000
Premium/Discount to List
-$5,000
-4.03%
Current Estimated Value
$253,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,031
Avg. Annual Appreciation
7.06%
Original Mortgage
$50,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Citation Partners L L C
Bought by
Palacios Jamile and Lasanta Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
Security Federal Savings Bank
Bought by
Citation Partners Llc

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
Sauer Joseph C -- --
Palacios Jamile -- None Available
Citation Partners Llc -- None Available
Security Federal Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauer Joseph C $50,000
Closed Sauer Joseph C $50,000
Previous Owner Palacios Jamile $115,900
Previous Owner Citation Homes Inc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2014 08/07/14 Sold $119,000 -4.0% $81 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $124,000 -- $85 / 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 $1,873 $205,700 $28,600 $177,100
2023 $1,858 $192,800 $28,600 $164,200
2022 $1,713 $171,300 $28,600 $142,700
2021 $1,455 $145,500 $28,600 $116,900
2020 $1,145 $124,100 $21,000 $103,100
2019 $1,068 $119,700 $21,000 $98,700
2018 $1,031 $117,000 $21,000 $96,000
2017 $959 $113,100 $21,000 $92,100
2016 $909 $111,200 $21,000 $90,200
2014 $826 $107,600 $21,000 $86,600
2013 $747 $102,800 $21,000 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201423853

Indiana Regional MLS

APN: 79-07-35-278-051.000-004