1531 Summit Dr West Lafayette, IN 47906
Estimated Value: $347,000 - $375,000
3
Beds
2.5
Baths
1,992
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Fireplace in Bedroom
- Ranch Style House
- Covered patio or porch
- West Lafayette Intermediate School Rated A+
- Partially Wooded Lot
- 4-minute walk to Tippecanoe County Park Dev
About This Home
As of July 2015Well updated spacious ranch on a beautiful tree-lined lot in a most popular location near campus. With 1992 SF, 3 bedrooms, 2.5 baths, and large laundry/mud room, there's good space for all. The kitchen offers newly painted cabinets, new dishwasher/hood/cooktop, and new sink and counters. Carpet and paint are new as well, and the furnace and air were new in 2014. Bedroom 3 has been used as an office and has supplemental wall heat, an outside entrance, and a pull down to floored attic. Move-In Ready!
Last Agent to Sell the Property
Roberta Levy
F C Tucker/Lafayette Inc Listed on: 05/29/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,545
Year Built
- Built in 1961
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 77x166
- Level Lot
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Ranch Style House
- Shingle Roof
- Asphalt Roof
- Stone Exterior Construction
Interior Spaces
- 1,992 Sq Ft Home
- Wood Burning Fireplace
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Bedroom
- En-Suite Primary Bedroom
Attic
- Storage In Attic
- Pull Down Stairs to Attic
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
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Community Details
- Northwestern Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 79-07-18-152-003.000-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 6, 2018
Sold by
Schumacher Andrew J and Schumacher Taryn K
Bought by
Archer Sean M and Archer Eun Seol
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$170,561
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$202,526
Purchase Details
Listed on
May 29, 2015
Closed on
Jul 24, 2015
Sold by
Gorenstein Lev and Avramova Larisa
Bought by
Schumacher Andrew J and Schumacher Taryn K
Seller's Agent
Roberta Levy
F C Tucker/Lafayette Inc
Buyer's Agent
Blake Fiechter
Steffen Group
List Price
$172,500
Sold Price
$165,000
Premium/Discount to List
-$7,500
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$132,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2003
Sold by
Cooke J Aaron and Cooke Heather A
Bought by
Gorenstein Lev and Avramova Larisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
5.87%
Mortgage Type
FHA
Similar Homes in West Lafayette, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Archer Sean M | -- | None Available | |
| Schumacher Andrew J | -- | -- | |
| Gorenstein Lev | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Archer Sean M | $194,000 | |
| Previous Owner | Schumacher Andrew J | $13,000 | |
| Previous Owner | Schumacher Andrew J | $132,000 | |
| Previous Owner | Gorenstein Lev | $137,700 | |
| Previous Owner | Gorenstein Lev | $146,697 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2015 07/24/15 | Sold | $165,000 | -4.3% | $83 / Sq Ft |
| 06/25/2015 06/25/15 | Pending | -- | -- | -- |
| 05/29/2015 05/29/15 | For Sale | $172,500 | -- | $87 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,003 | $296,000 | $84,800 | $211,200 |
| 2023 | $3,003 | $256,800 | $55,000 | $201,800 |
| 2022 | $2,698 | $227,100 | $55,000 | $172,100 |
| 2021 | $2,519 | $212,700 | $55,000 | $157,700 |
| 2020 | $2,329 | $197,400 | $55,000 | $142,400 |
| 2019 | $2,240 | $190,200 | $55,000 | $135,200 |
| 2018 | $1,965 | $168,000 | $39,000 | $129,000 |
| 2017 | $1,897 | $162,600 | $39,000 | $123,600 |
| 2016 | $1,680 | $155,700 | $36,400 | $119,300 |
| 2014 | $1,545 | $144,100 | $36,400 | $107,700 |
| 2013 | $1,547 | $142,900 | $36,400 | $106,500 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2015
Roberta Levy
F C Tucker/Lafayette Inc
-
Blake Fiechter
Buyer's Agent in 2015
Blake Fiechter
Steffen Group
(260) 827-8755
104 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201525022
APN: 79-07-18-152-003.000-026
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