NOT LISTED FOR SALE

1518 Grove St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $228,000 - $286,000

4 Beds
2 Baths
1,750 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $157,000 $90 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,701/month

43 Days on Market

Highlights

  • Traditional Architecture
  • Solid Surface Countertops
  • Formal Dining Room
  • Wood Flooring
  • Walk-In Pantry
  • Eat-In Kitchen

About This Home

As of July 2020

Lots of character in this 4 bedroom home near Downtown Lafayette. Inviting wrap-around porch. Modern updates in both bathrooms and gorgeously renovated kitchen with new stainless steel appliances, marble backsplash and quartz countertops. Hardwood flooring and original woodwork throughout most of the home. Basement walls sealed for additional functional space.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 06/14/2020

@properties

Last Buyer's Agent

Eliseo Medrano

FRG Lafayette LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Property is zoned R2

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Location

  • Suburban Location

Schools

  • Murdock Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 79-07-28-129-011.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Oakland Addn lot 69
  • Parcel Number ID: 79-07-28-129-011.000-004
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Disposal, Eat-In Kitchen, Natural Woodwork, Pantry-Walk In, Stand Up Shower, Tub/Shower Combination, Formal Dining Room
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2796
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 1046
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Family Room: Dimensions: 15x14, On Level: Main
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Upper
  • Bedroom 3: Dimensions: 15x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1046

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 8x8

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Murdock

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6600
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 69

Tax Info

  • Annual Taxes: 623

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 28, 2020
Sold by
Thomas John Andrew and Thomas Laura Lee
Bought by
Medrano Virginia
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Eliseo Medrano
FRG Lafayette LLC
List Price
$150,000
Sold Price
$157,000
Premium/Discount to List
$7,000
4.67%
Current Estimated Value
$262,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,056
Avg. Annual Appreciation
10.25%
Original Mortgage
$300,000
Outstanding Balance
$239,865
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$22,191

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 3, 2017
Sold by
Deutsche Bank Natl Trust Co
Bought by
Thomas John Andrew and Thomas Laura Lee
Seller's Agent
Julia Huffer
Huffer Real Estate LLC
Buyer's Agent
Erin Marsell
Indiana Integrity REALTORS
List Price
$57,240
Sold Price
$58,819
Premium/Discount to List
$1,579
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.30%
Original Mortgage
$54,150
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Sold by
Tippecanoe County Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 8, 2003
Sold by
Mcguirk Shannon
Bought by
Evans Robert P and Evans Katherine A Beals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7%
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
Medrano Virginia -- Columbia Title
Thomas John Andrew -- --
Deutsche Bank National Trust Co $94,000 --
Evans Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medrano Virginia $300,000
Previous Owner Thomas John Andrew $54,150
Previous Owner Evans Robert P $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2020 07/28/20 Sold $157,000 +4.7% $90 / Sq Ft
06/14/2020 06/14/20 For Sale $150,000 +155.0% $86 / Sq Ft
09/26/2017 09/26/17 Sold $58,819 +2.8% $34 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $57,240 -- $33 / 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 $3,862 $193,000 $18,000 $175,000
2023 $3,849 $192,300 $18,000 $174,300
2022 $3,126 $156,100 $18,000 $138,100
2021 $2,558 $128,600 $18,000 $110,600
2020 $767 $95,000 $18,000 $77,000
2019 $662 $88,500 $15,000 $73,500
2018 $623 $85,800 $15,000 $70,800
2017 $488 $81,900 $15,000 $66,900
2016 $470 $81,500 $15,000 $66,500
2014 $468 $81,900 $15,000 $66,900
2013 $478 $83,100 $15,000 $68,100
Source: Public Records

Agents Affiliated with this Home

  • Cathy Russell

    Seller's Agent in 2020

    Cathy Russell

    @properties

    (765) 426-7000

    675 Total Sales

    Cathy Russell
    Section Image

  • E

    Buyer's Agent in 2020

    Eliseo Medrano

    FRG Lafayette LLC

    Section Image

  • J

    Seller's Agent in 2017

    Julia Huffer

    Huffer Real Estate LLC

    (765) 479-2538

    30 Total Sales

    Julia Huffer
    Section Image

  • E

    Buyer's Agent in 2017

    Erin Marsell

    Indiana Integrity REALTORS

    (765) 426-2965

    21 Total Sales

    Erin Marsell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202022207

Indiana Regional MLS

APN: 79-07-28-129-011.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

1518 Grove St, Lafayette, IN

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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