$585,000
SOLD OCT 13, 2020

1526 Sheridan Rd West Lafayette, IN 47906

5 Beds
4.5 Baths
3,877 Sq Ft
0.33 Acres

Recently Sold

$151 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Saltbox Architecture
  • Solid Surface Countertops
  • Formal Dining Room
  • West Lafayette Intermediate School Rated A+
  • Walk-In Pantry
  • 4-minute walk to Tippecanoe County Park Dev

About This Home

As of October 2020

Character & texture; updated, yet preserved! Fabulous, completely renovated saltbox colonial just a few blocks from Purdue University. Priced below appraised value at $165/SF—less than new construction! 5 BR and 4 full baths all upstairs, plus bonus room! Formal dining with plank wood ceiling. Living room features wood-burning fireplace, reclaimed wood mantle and built-ins. Walk-in mud room has cubbies for everyone! Kitchen island seats five, with quartz counter tops, farm sink and walk-in pantry. Two large walk-in closets in king-sized master, along with a fabulous soaking tub, dual-head shower and private stool. Separate thermostats service each level of home for maximum efficiency. Tankless water heater. 2nd floor laundry, plumbed for sink. Lower level could be home gym, wine cellar, or recreational space with ample storage space. Floored attic with pull-down ladder. Partially fenced yard- over 1/3 acre- with huge custom paver patio & natural gas line hook-up for grill. Semi-attached garage with pedestrian door to backyard. Broker owned.

Last Agent to Sell the Property

Stacy Grove

@properties Listed on: 07/24/2020

@properties

Last Buyer's Agent

Stacy Grove

@properties Listed on: 07/24/2020

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 74x194
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Saltbox Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Happy Hollow/Cumberland Elementary School
  • West Lafayette Middle School
  • West Lafayette High School

Utilities

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

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-07-18-152-018.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,583

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 70
  • Style: Two Story
  • Architectural Style: Salt Box
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: NORTHWESTERN HGTS SEC 3 LOT 48 & SEC 5 LOT 48-A
  • Parcel Number ID: 79-07-18-152-018.000-026
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Breakfast Bar, Built-In Bookcase, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Kitchen Island, Near Walking Trail, Pantry-Walk In, Porch Open, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Custom Cabinetry
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Parcel Id2: 790718152018000026
  • Sp Lp Percent: 97.5
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 4392
  • Total Finished Sq Ft: 3877
  • Above Grade Finished Sq Ft: 3624
  • Below Grade Finished Sq Ft: 253
  • Below Grade Sq Ft: 515
  • Price Per Sq Ft: 161.42
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 22x12, On Level: Main
  • Kitchen: Dimensions: 12x20, On Level: Main
  • Breakfast Room: Dimensions: 8x7, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 15x18, On Level: Main
  • Extra Room: Bonus Room, Dimensions: 23x15, On Level: Upper
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 9x12, On Level: Upper
  • Bedroom 5: Dimensions: 9x11, On Level: Upper
  • Other Room1: Mudroom, Dimensions: 6x7, On Level: Main
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 768

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Cable Company: Comcast
  • Laundry: Dimensions: Upperx6, On Level: 9

Schools

  • School District: West Lafayette Community School Corp.
  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette
  • Elementary School: Happy Hollow/Cumberland

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 74x194
  • Estimated Lot Sq Ft: 14356
  • Estimated Lot Size Acres: 0.3296

Tax Info

  • Annual Taxes: 2582.94
  • Total Assessed Value: 506000
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: West Lafayette
  • Middle School: West Lafayette
  • School District: West Lafayette Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 13, 2020
Sold by
Grove Dustin M and Grove Stacy R
Bought by
Jud Joseph R
Seller's Agent
Stacy Grove
@properties
Buyer's Agent
Stacy Grove
@properties
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Current Estimated Value
$799,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,390
Avg. Annual Appreciation
5.69%
Original Mortgage
$555,000
Outstanding Balance
$498,357
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$264,370

Purchase Details

Closed on
May 24, 2019
Sold by
Glr Acquisitions Inc
Bought by
Grove Dustin M and Grove Stacy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 31, 2018
Sold by
Newman Arnold and Newman Diana S
Bought by
Glr Acquisitions Inc
Seller's Agent
Roberta Levy
F C Tucker/Lafayette Inc
Buyer's Agent
Stacy Grove
@properties
List Price
$215,000
Sold Price
$208,000
Premium/Discount to List
-$7,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.90%
Original Mortgage
$269,900
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,000 New Conventional
Closed $555,000 New Conventional
Previous Owner $482,000 New Conventional
Previous Owner $460,400 New Conventional
Previous Owner $480,000 New Conventional
Previous Owner $269,900 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $585,000 0.0% $151 / Sq Ft
08/25/2020 08/25/20 Off Market $585,000 -- --
08/22/2020 08/22/20 Pending -- -- --
08/21/2020 08/21/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $600,000 +188.5% $155 / Sq Ft
05/31/2018 05/31/18 Sold $208,000 -3.3% $119 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $215,000 -- $123 / 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 $9,112 $746,100 $84,800 $661,300
2023 $8,401 $693,800 $55,000 $638,800
2022 $7,246 $594,300 $55,000 $539,300
2021 $6,751 $554,400 $55,000 $499,400
2020 $6,151 $506,000 $55,000 $451,000
2019 $2,583 $215,900 $55,000 $160,900
2018 $3,732 $157,300 $39,000 $118,300
2017 $1,742 $152,800 $39,000 $113,800
2016 $1,550 $146,800 $36,600 $110,200
2014 $1,442 $137,100 $36,600 $100,500
2013 $1,446 $136,100 $36,600 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202028672

Indiana Regional MLS

APN: 79-07-18-152-018.000-026