NOT LISTED FOR SALE

1505 Wea School Rd Lafayette, IN 47909

Estimated Value: $226,000 - $233,948

3 Beds
2.5 Baths
1,290 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $216,000 $167 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,257/month

36 Days on Market

Highlights

  • Living Room with Fireplace
  • Partially Wooded Lot
  • 1 Car Attached Garage
  • McCutcheon High School Rated 9+
  • Corner Lot
  • 3-minute walk to Wea Park

About This Home

As of February 2024

Escape to a unique property offering the perfect blend of town convenience and expansive tranquility on 2.3 acres! Updates include a 2023 Radon System, 2016 septic upgrade & 2023 Riser, 2020 roof, 2023 Furnace & Air, Water Softener & Water Heater, and 2023 Paint, LVP & Carpet. Additional improvements touch the bathrooms, plumbing, and electrical. Close to parks, schools, worship and work as well as an easy county-wide commute. Sold AS-IS, inspections welcome.

Last Agent to Sell the Property

Donald Meeks

F.C. Tucker/Shook Listed on: 11/16/2023

F.C. Tucker/Shook

Last Buyer's Agent

Cathy Russell

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1967

Lot Details

  • 2.3 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces

Flooring

  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

  • Woodland Elementary School
  • Wea Ridge Middle School
  • Mc Cutcheon High School

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-11-16-451-001.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1967
  • Age: 56
  • Style: Tri-Level
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT W SIDE SE SEC 16 TWP 22 R4 1 A STRIP 110 FT ALSO 1.3 A
  • Parcel Number ID: 79-11-16-451-001.000-031
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Investment Property: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 98.63
  • Zoning Description: Residential
  • County Zoning: R1
  • Year Taxes Payable: 2022 Payable 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1836
  • Total Finished Sq Ft: 1290
  • Above Grade Finished Sq Ft: 1290
  • Below Grade Sq Ft: 546
  • Price Per Sq Ft: 167.44
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Vinyl
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 20x12, On Level: Main
  • Recreation Room: Dimensions: 20x13, On Level: Basement
  • Bedroom 1: Dimensions: 15x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 546

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt, Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 26x15
  • Garage Sq Ft: 390
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Lowerx6, On Level: 6
  • Well Type: Private

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Woodland
  • Middle School: Wea Ridge
  • High School: Mc Cutcheon
  • Elementary School: Woodland

Lot Info

  • Lot Description: Corner, Irregular, Level, Partially Wooded, Rolling
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 100188
  • Estimated Lot Size Acres: 2.3

Green Features

  • Energy Efficient: HVAC, Water Heater
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Tax Info

  • Annual Taxes: 1624

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Wea Ridge
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Feb 13, 2024
Sold by
Bowers Properties Llc
Bought by
Chadd Charles C
Seller's Agent
Donald Meeks
F.C. Tucker/Shook
Buyer's Agent
Cathy Russell
@properties
List Price
$229,000
Sold Price
$216,000
Premium/Discount to List
-$13,000
-5.68%
Views
215
Current Estimated Value
$229,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,237
Avg. Annual Appreciation
3.74%
Original Mortgage
$205,200
Outstanding Balance
$201,780
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$27,457

Purchase Details

Closed on
Feb 1, 2019
Sold by
Bowers Matthew S and Bowers Kristina L
Bought by
Bowers Properties Llc

Purchase Details

Closed on
Feb 3, 2011
Sold by
Aurora Loan Services Llc
Bought by
Bowers Matthew S and Bowers Kristina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,920
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2010
Sold by
Decker John R and Decker Yoko
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Decker John R
Bought by
Decker John R and Decker Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Decker John R
Bought by
Decker John R
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
Chadd Charles C -- Metropolitan Title
Bowers Properties Llc -- None Available
Bowers Matthew S -- Investors Titlecorp
Aurora Loan Services Llc $128,000 None Available
Decker John R -- --
Decker John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadd Charles C $205,200
Previous Owner Bowers Matthew S $39,920
Previous Owner Decker John R $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $216,000 -1.4% $167 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/19/2023 12/19/23 Price Changed $219,000 -2.2% $170 / Sq Ft
12/01/2023 12/01/23 Price Changed $224,000 -2.2% $174 / Sq Ft
11/16/2023 11/16/23 For Sale $229,000 -- $178 / 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 $508 $104,000 $23,400 $80,600
2023 $1,703 $104,000 $23,400 $80,600
2022 $1,624 $104,000 $23,400 $80,600
2021 $1,470 $92,900 $23,400 $69,500
2020 $1,290 $80,800 $23,400 $57,400
2019 $1,187 $77,700 $23,400 $54,300
2018 $1,122 $74,900 $23,400 $51,500
2017 $1,189 $79,300 $23,400 $55,900
2016 $1,158 $77,700 $23,400 $54,300
2014 $1,221 $82,700 $23,400 $59,300
2013 $1,290 $94,600 $23,400 $71,200
Source: Public Records

Agents Affiliated with this Home

  • Donald Meeks

    Seller's Agent in 2024

    Donald Meeks

    F.C. Tucker/Shook

    (765) 490-5720

    78 Total Sales

    Donald Meeks
    Section Image
  • Cathy Russell

    Buyer's Agent in 2024

    Cathy Russell

    @properties

    (765) 426-7000

    698 Total Sales

    Cathy Russell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202341953

Indiana Regional MLS

APN: 79-11-16-451-001.000-031

Indiana Tippecanoe County Lafayette 47909

1505 Wea School Rd, Lafayette, IN

This home is located at 1505 Wea School Rd, Lafayette, IN 47909 since 16 November 2023 and is currently estimated at $229,237, approximately $177 per square foot. This property was built in 1967. 1505 Wea School Rd is a home located in Tippecanoe County with nearby schools including Wea Ridge Elementary School, Wea Ridge Middle School, and McCutcheon 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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