NOT LISTED FOR SALE

244 E 1050 S Lafayette, IN 47909

Estimated Value: $366,000 - $527,618

3 Beds
2.5 Baths
2,405 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $249,900 $104 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,608/month

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Stone Countertops
  • Cathedral Ceiling
  • Great Room
  • Screened Porch

About This Home

As of February 2015

Well stop searching because this house is just what you have been looking for. This awesome home is ready for new owner! A modern open floor plan on the main floor was designed for entertainment. The foyer features a jaw-dropping 2 story ceiling and beautiful wrought iron stair case. The kitchen is perfectly positioned for hosting gatherings and features granite counter tops, custom back splash, staggered cabinetry and stainless appliances. The living room boasts 14 foot ceilings and a fireplace focal point. the dining area is adjacent to a screened in porch, perfect for outside dining on those beautiful Indiana summer nights. The owners retreat is tucked away on the main floor and features a large walk in closet and large, luxurious bathroom complete with a soaking tub and separate shower. Upstairs doesn't' disappoint! You will find well appointed bedrooms, one with a dormer window. The large loft is easily convertible to an additional bedroom. Along with the ample closet space for all your storage needs and 3 car garage, there is a large, custom pole barn! This picture perfect home is sitting on 2 acres and is ready for you!

Last Agent to Sell the Property

Greg Wheeler

RE/MAX Ability Plus Listed on: 01/09/2015

Last Buyer's Agent

Greg Wheeler

RE/MAX Ability Plus Listed on: 01/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 2012

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 210 x 415
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,405 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Laundry Chute
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-15-17-100-012.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,599

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Age: 3
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Romney Ridge Minor SD Lot 1
  • Parcel Number ID: 79-15-17-100-012.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Detector-Smoke, Disposal, Dryer Hook Up Gas, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Kitchen Island, Laundry-Chute, Open Floor Plan, Porch Enclosed, Porch Screened, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Great Room, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2405
  • Total Finished Sq Ft: 2405
  • Above Grade Finished Sq Ft: 2405
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 17x19, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 12x16, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Other Room1: Sunroom, Dimensions: 12x17, On Level: Main
  • Loft: Dimensions: 16x20, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 32x48

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 36x24
  • Garage Sq Ft: 864

Utilities

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

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Mintonye
  • Middle School: Southwestern
  • High School: Mc Cutcheon

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 210 x 415
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1598.62
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 27, 2015
Sold by
Rhine Corey and Rhine Kristen
Bought by
Heatson Tyler J and Heatson Jennifer M
Seller's Agent
Greg Wheeler
RE/MAX Ability Plus
Buyer's Agent
Greg Wheeler
RE/MAX Ability Plus
List Price
$79,900
Sold Price
$249,900
Premium/Discount to List
$170,000
212.77%
Current Estimated Value
$445,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,755
Avg. Annual Appreciation
5.77%
Original Mortgage
$237,405
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2012
Closed on
Jun 22, 2012
Sold by
Majestic Custom Homes Of Lafayette Inc
Bought by
Rhine Corey and Rhine Kristen
Seller's Agent
Carole King
Keller Williams Lafayette
Buyer's Agent
Carole King
Keller Williams Lafayette
List Price
$215,000
Sold Price
$209,000
Premium/Discount to List
-$6,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$165,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 11, 2012
Sold by
Rhine Corey and Rhine Kristen
Bought by
Majestic Custom Homes Of Lafayette Inc
Seller's Agent
Carole King
Keller Williams Lafayette
Buyer's Agent
Carole King
Keller Williams Lafayette
List Price
$215,000
Sold Price
$209,000
Premium/Discount to List
-$6,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Romney Ridge Llc
Bought by
Rhine Corey and Rhine Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2012
Sold by
Retherford Land & Livestock Llc
Bought by
Romney Ridge Llc
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 Buyer Sale Price Title Company
Heatson Tyler J -- --
Rhine Corey -- None Available
Majestic Custom Homes Of Lafayette Inc -- None Available
Rhine Corey -- None Available
Rhine Corey -- None Available
Romney Ridge Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heaston Tyler J $100,000
Open Heaston Tyler J $253,660
Closed Heatson Tyler J $237,405
Previous Owner Rhine Corey $165,000
Previous Owner Majestic Custom Homes Of Lafayette Inc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $79,900 -68.0% $33 / Sq Ft
02/27/2015 02/27/15 Sold $249,900 +19.6% $104 / Sq Ft
06/22/2012 06/22/12 Sold $209,000 -2.8% $90 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $215,000 -- $92 / 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 $2,914 $408,900 $44,000 $364,900
2023 $2,914 $386,900 $44,000 $342,900
2022 $2,699 $332,700 $34,000 $298,700
2021 $2,377 $296,400 $34,000 $262,400
2020 $2,072 $272,300 $34,000 $238,300
2019 $1,949 $262,500 $34,000 $228,500
2018 $1,807 $249,700 $34,000 $215,700
2017 $1,728 $239,500 $34,000 $205,500
2016 $1,704 $238,800 $34,000 $204,800
2014 $1,565 $224,100 $34,000 $190,100
2013 $1,599 $218,600 $34,000 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201500946

Indiana Regional MLS

APN: 79-15-17-100-012.000-011