NOT LISTED FOR SALE

1801 N 925 W West Lafayette, IN 47906

Estimated Value: $430,000 - $548,000

2 Beds
2.5 Baths
2,100 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $375,000 $179 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,820/month

51 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered patio or porch
  • Pasture
  • 10.19 Acre Lot
  • 2 Car Attached Garage
  • Central Air

About This Home

As of January 2023

Imagine walking out your door and looking over your own 10 acres of land! This home is the perfect rural property for those seeking wide open space. A massive 40x57 outbuilding flanks the home to the south and features electric and roughed in plumbing. Inside there are two large bedrooms as well as plenty of room in the basement to expand. The home was built for efficiency and features 2x6 framing, which allows for extra insulation, a high efficiency heat pump with propane back up, a water softener, whole home water filtration system and high quality Watchcomm or Starlink capability for internet. This property is conveniently located just 12 minutes from Purdue's campus. Not a fan of the green carpet? The seller is offer a flooring credit of up to $6,000 so you can put in whichever floor you want! This is the perfect homestead property.

Last Listed By

Christopher Peterson

Majestic Properties Inc. Listed on: 10/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 2008

Lot Details

  • 10.19 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Property Attached
  • Vinyl Construction Material

Interior Spaces

  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Schools

  • Otterbein Elementary School
  • Benton Central Middle School
  • Benton Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered patio or porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 79-05-15-200-003.000-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Age: 14
  • Style: Attached
  • Total Number of Rooms: 8
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE NE SEC 15 TWP 23 R6 10.185 A
  • Parcel Number ID: 79-05-15-200-003.000-014
  • Platted: Yes
  • Amenities: Porch Covered, Main Level Bedroom Suite
  • Location: Rural
  • Sp Lp Percent: 90.58
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3360
  • Total Finished Sq Ft: 2100
  • Above Grade Finished Sq Ft: 2100
  • Below Grade Sq Ft: 1260
  • Price Per Sq Ft: 178.57
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 16x20, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1260

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 40x57

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x25
  • Garage Sq Ft: 600
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Benton Community
  • Elementary School: Otterbein
  • Middle School: Benton Central
  • High School: Benton Central
  • Elementary School: Otterbein

Lot Info

  • Lot Description: Pasture
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 443659
  • Estimated Lot Size Acres: 10.185

Tax Info

  • Annual Taxes: 2251.38

MLS Schools

  • High School: Benton Central
  • Middle School: Benton Central
  • School District: Benton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Jan 17, 2023
Sold by
Schanlaub Ronald G
Bought by
Sibray Jeremiah and Sibray Jennifer
Seller's Agent
Christopher Peterson
Majestic Properties Inc.
Buyer's Agent
Loren Rockhill
C&C Home Realty
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Total Days on Market
51
Views
46
Current Estimated Value
$470,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,314
Avg. Annual Appreciation
8.19%
Original Mortgage
$295,000
Outstanding Balance
$287,655
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$162,874

Purchase Details

Closed on
Aug 28, 2006
Sold by
Shelby Charles E and Shelby Michael M
Bought by
Schanlaub Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Shelby Charles E and Shelby Michael M
Bought by
Emeli Joseph and Emeli Olubukunola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.13%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Shelby Charles E and Shelby Steven D
Bought by
Shelby Charles E and Shelby Michael M

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
Sibray Jeremiah $375,000 --
Schanlaub Ronald G -- None Available
Emeli Joseph -- --
Shelby Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibray Jeremiah $295,000
Previous Owner Schanlaub Ronald G $220,000
Previous Owner Schanlaub Ronald G $39,329
Previous Owner Schanlaub Ronald G $14,328
Previous Owner Schanlaub Ronald G $150,500
Previous Owner Schanlaub Ronald G $130,000
Previous Owner Emeli Joseph $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $375,000 -9.4% $179 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $414,000 -1.2% $197 / Sq Ft
11/14/2022 11/14/22 Price Changed $419,000 -1.4% $200 / Sq Ft
11/10/2022 11/10/22 Price Changed $425,000 -2.3% $202 / Sq Ft
11/03/2022 11/03/22 Price Changed $435,000 -3.3% $207 / Sq Ft
10/24/2022 10/24/22 For Sale $450,000 -- $214 / 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 $2,541 $355,200 $49,700 $305,500
2023 $2,541 $336,400 $46,100 $290,300
2022 $2,332 $292,200 $42,300 $249,900
2021 $2,251 $287,200 $40,200 $247,000
2020 $1,852 $267,100 $40,200 $226,900
2019 $1,530 $261,800 $42,800 $219,000
2018 $1,257 $212,900 $43,300 $169,600
2017 $1,245 $214,500 $45,600 $168,900
2016 $1,217 $217,000 $46,600 $170,400
2014 $1,241 $220,000 $47,500 $172,500
2013 $1,286 $216,800 $44,700 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202244029

Indiana Regional MLS

APN: 79-05-15-200-003.000-014