NOT LISTED FOR SALE

2503 Summerfield Dr Lafayette, IN 47909

Tecumseh South Neighborhood

Estimated Value: $223,000 - $233,000

3 Beds
2 Baths
2,058 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $220,000 $107 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,347/month

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of June 2024

Nestled in the heart of town, this spacious bilevel home offers a prime location with endless potential. Featuring 3 bedrooms and 2 bathrooms, this property is perfect for those looking to create their dream home with some updates and personal touches. The large living spaces and practical layout provide a solid foundation for modernization and customization. The lower level has what could be a fourth bedroom or den or office space. Outside, conveniently there is a 2-car carport attached to the house providing easy access and additional covered parking. Additionally, you'll find a 2-car detached garage that presents an excellent opportunity for those with a knack for renovation. Whether you're looking to restore or completely revamp, this garage adds valuable space for vehicles, storage, or a workshop. Located in a desirable neighborhood, you'll enjoy the convenience of nearby amenities, schools, parks, and shopping. Don't miss out on this fantastic opportunity to invest in a property with great bones and make it your own! Contact us today for a viewing and imagine the possibilities! Property is being sold AS IS.

Last Agent to Sell the Property

Rebecca Rush

BerkshireHathaway HS IN Realty Brokerage Phone: 765-491-0721 Listed on: 05/17/2024

BerkshireHathaway HS IN Realty

Last Buyer's Agent

LAF NonMember

NonMember LAF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70 x 85 x 51 30 x 115
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Vinyl Construction Material

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 79-07-33-481-012.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,676

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 64
  • Style: Bi-Level
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: TECUMSEH ADDN PT 2 LOT 355
  • Parcel Number ID: 79-07-33-481-012.000-004
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 102.33
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2058
  • Total Finished Sq Ft: 2058
  • Above Grade Finished Sq Ft: 2058
  • Price Per Sq Ft: 106.9
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x16, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 9x11, On Level: Main
  • Family Room: Dimensions: 12x24, On Level: Lower
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Main Level Sq Ft: 1008
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x19
  • Garage Sq Ft: 437
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 70 x 85 x 51 30 x 115
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.173

Tax Info

  • Annual Taxes: 1676

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 27, 2024
Sold by
Alfred A Martinez A and Alfred Carol H
Bought by
Martinez Carol H and Anderson Christian R
Seller's Agent
Rebecca Rush
BerkshireHathaway HS IN Realty
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Views
30
Current Estimated Value
$227,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,493
Avg. Annual Appreciation
2.29%
Original Mortgage
$220,000
Outstanding Balance
$218,171
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$8,187
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
Martinez Carol H $220,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Carol H $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $220,000 +2.3% $107 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $215,000 -- $104 / 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 $1,692 $179,300 $21,100 $158,200
2023 $1,676 $171,100 $21,100 $150,000
2022 $1,628 $150,400 $21,100 $129,300
2021 $1,427 $130,900 $21,100 $109,800
2020 $1,166 $115,900 $14,000 $101,900
2019 $1,078 $110,700 $14,000 $96,700
2018 $1,012 $106,100 $14,000 $92,100
2017 $936 $102,100 $14,000 $88,100
2016 $881 $102,200 $14,000 $88,200
2014 $857 $101,700 $14,000 $87,700
2013 $879 $104,100 $14,000 $90,100
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Rush

    Seller's Agent in 2024

    Rebecca Rush

    BerkshireHathaway HS IN Realty

    (765) 491-0721

    5 in this area

    198 Total Sales

    Rebecca Rush
    Section Image

  • L

    Buyer's Agent in 2024

    LAF NonMember

    NonMember LAF

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202417663

Indiana Regional MLS

APN: 79-07-33-481-012.000-004

Indiana Tippecanoe County Lafayette 47909 Tecumseh South

2503 Summerfield Dr, Lafayette, IN

This home is located at 2503 Summerfield Dr, Lafayette, IN 47909 since 17 May 2024 and is currently estimated at $227,493, approximately $110 per square foot. This property was built in 1960. 2503 Summerfield Dr is a home located in Tippecanoe County with nearby schools including Miami Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

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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