NOT LISTED FOR SALE

1506 S 5th St Lafayette, IN 47905

Miller Neighborhood

Estimated Value: $167,000 - $189,694

3 Beds
1.5 Baths
1,136 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $113,483 $100 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,062/month

1 Day on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Located on a quiet street near the country club. Features original hardwood floors and a large Family/dining room. The roof was replaced in the fall of 2020. The home has been well maintained. It is ready to be updated. Easy to live in while you update the home. Listing agent is related to one of the entity owners

Last Listed By

JB Farrell

Farrell Property Listed on: 01/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1949

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 50 x 135

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 79-07-32-202-007.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 72
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: COUNTRY CLUB HEIGHTS ADDN LOT 20
  • Parcel Number ID: 79-07-32-202-007.000-004
  • Platted: Yes
  • Sp Lp Percent: 114.98
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1840
  • Total Finished Sq Ft: 1136
  • Above Grade Finished Sq Ft: 1136
  • Below Grade Sq Ft: 704
  • Price Per Sq Ft: 99.9
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Family Room: Dimensions: 19x21, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Main
  • Bedroom 3: Dimensions: 9x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 704

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50 x 135
  • Estimated Lot Sq Ft: 6752
  • Estimated Lot Size Acres: 0.155

Tax Info

  • Annual Taxes: 1572

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 15, 2021
Sold by
Kyc Property Llc
Bought by
Tarvin Christine
Seller's Agent
JB Farrell
Farrell Property
Buyer's Agent
Lynn Edgell
@properties
List Price
$98,700
Sold Price
$113,483
Premium/Discount to List
$14,783
14.98%
Total Days on Market
1
Current Estimated Value
$177,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,941
Avg. Annual Appreciation
11.82%
Original Mortgage
$110,078
Outstanding Balance
$100,013
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$82,247

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 18, 2018
Sold by
Federal National Mortgage Association
Bought by
Kyc Property Llc
Seller's Agent
Daryl Slucter
BerkshireHathaway HS IN Realty
Buyer's Agent
JB Farrell
Farrell Property
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
Original Mortgage
$48,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Tippecanoe County Sheriff
Bought by
Federal National Mortgage Association

Range of Values:

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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
Tarvin Christine -- Columbia Title
Kyc Property Llc -- None Available
Federal National Mortgage Association $66,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarvin Christine $110,078
Closed Tarvin Christine $110,078
Previous Owner Kyc Property Llc $48,750
Previous Owner Arnold Betty Jean $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $113,483 +15.0% $100 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $98,700 +51.8% $87 / Sq Ft
07/13/2018 07/13/18 Sold $65,000 0.0% $57 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $65,000 0.0% $57 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $65,000 -- $57 / 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 $939 $128,400 $24,000 $104,400
2023 $939 $121,200 $24,000 $97,200
2022 $865 $106,800 $24,000 $82,800
2021 $813 $97,100 $24,000 $73,100
2020 $1,824 $91,200 $24,000 $67,200
2019 $1,572 $78,600 $10,000 $68,600
2018 $1,526 $76,300 $10,000 $66,300
2017 $1,480 $74,000 $10,000 $64,000
2016 $0 $72,300 $10,000 $62,300
2014 -- $66,400 $10,000 $56,400
2013 -- $66,900 $10,000 $56,900
Source: Public Records

Agents Affiliated with this Home

  • JB Farrell

    Seller's Agent in 2021

    JB Farrell

    Farrell Property

    (765) 714-1511

    1 in this area

    17 Total Sales

    JB Farrell
    Section Image

  • L

    Buyer's Agent in 2021

    Lynn Edgell

    @properties

    (765) 426-6246

    1 in this area

    194 Total Sales

    Lynn Edgell
    Section Image

  • D

    Seller's Agent in 2018

    Daryl Slucter

    BerkshireHathaway HS IN Realty

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202101107

Indiana Regional MLS

APN: 79-07-32-202-007.000-004

Indiana Tippecanoe County Lafayette 47905 Miller

1506 S 5th St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 1506 S 5th St, Lafayette, IN 47905 since 12 January 2021 and is currently estimated at $177,424, approximately $156 per square foot. This property was built in 1949. 1506 S 5th St is a home located in Tippecanoe County with nearby schools including Thomas Miller 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.

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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