NOT LISTED FOR SALE

2538 N 500 E Lafayette, IN 47905

Estimated Value: $392,000 - $505,000

4 Beds
2 Baths
1,913 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $337,000 $176 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,684/month

88 Days on Market

Highlights

  • 13.59 Acre Lot
  • Ranch Style House
  • Formal Dining Room
  • Hershey Elementary School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2019

2013 Custom Majestic ranch home w/split floor plan, tray ceilings, 42' fireplace w/marble surround & gas log starter. Open concept living rm, dining rm & family rm w/vaulted ceilings. This home has 4 bedrms, 2 full baths & 1913 sq ft. Gourmet kitchen boasts island, breakfast bar & custom cabinetry. Laundry rm & extra storage located conveniently off the kitchen. Bathroom upgrades include counter height bathroom sinks, garden tub & double vanity. Home has a high-end iron filter & water softener. Generator ready, RV ready. 10x16 shed w/gambrel roof. It is also set up for an additional outbuilding w/electrical shutoff & waterline. Wild mushrooms, deer & wildlife abound. Enjoy the creek, trails & gorgeous sunset off the back porch.

Last Agent to Sell the Property

Rebecca Gibson

Raeco Realty License #RB17000875 Listed on: 05/16/2019

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 2013

Lot Details

  • 13.59

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,913 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Great Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Outdoor Storage
  • 13.59 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 790712251003000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2013
  • Garage Y N: Yes
  • Lot Size Acres: 13.59
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: 2013 Custom Majestic ranch home w/split floor plan, tray ceilings, 42' fireplace w/marble surround & gas log starter. Open concept living rm, dining rm & family rm w/vaulted ceilings. This home has 4 bedrms, 2 full baths & 1913 sq ft. Gourmet kitchen boasts island, breakfast bar & custom cabinetry. Laundry rm & extra storage located conveniently off the kitchen. Bathroom upgrades include counter height bathroom sinks, garden tub & double vanity. Home has a high-end iron filter & water softener. Generator ready, RV ready. 10x16 shed w/gambrel roof. It is also set up for an additional outbuilding w/electrical shutoff & waterline. Wild mushrooms, deer & wildlife abound. Enjoy the creek, trails & gorgeous sunset off the back porch.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Kit Exhaust, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Walk-in Closet(s)
  • Living Area: 1913
  • Other Equipment: CO Detectors, Smoke Detector
  • Room Count: 8
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1913
  • Main Level Sq Ft: 1913
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1913
  • Kitchen Features: Breakfast Bar,Center Island
  • Below Grade Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Storage
  • Foundation Details: Slab
  • List Price: 329900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Heated

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 790712251003000003
  • Acres: 10-20 Acres
  • Lot Number: na
  • Lot Size: 378,580

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1756
  • Semi Annual Property Tax Amt: 878
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Tippecanoe School Corp
  • Schools: William Henry Harrison High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Sep 16, 2019
Sold by
Harlow James D and Harlow Tricia L
Bought by
Kallenberger Zachary M
Seller's Agent
Rebecca Gibson
Raeco Realty
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$329,900
Sold Price
$337,000
Premium/Discount to List
$7,100
2.15%
Current Estimated Value
$464,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,899
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
May 4, 2019
Sold by
Harlow Christopher David
Bought by
Harlow James Daniel

Purchase Details

Closed on
Dec 20, 2013
Sold by
Majestic Custom Homes Inc
Bought by
Harlow James D and Harlow Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 22, 2013
Sold by
Harlow James Daniel
Bought by
Majestic Custokm Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2012
Sold by
Harlow Christopher David
Bought by
Harlow James Daniel

Purchase Details

Closed on
Oct 29, 2010
Sold by
Harlow Christopher David
Bought by
Harlow Christopher David
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
Kallenberger Zachary M -- Metropolitan Title
Harlow James Daniel -- Columbia Title Inc
Harlow James D -- --
Majestic Custokm Homes -- --
Harlow James Daniel -- None Available
Harlow Christopher David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kallenberger Zachary $115,000
Previous Owner Majestic Custokm Homes $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $337,000 +2.2% $176 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $329,900 0.0% $172 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $329,900 -- $172 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,037 $324,300 $59,400 $264,900
2023 $1,821 $309,700 $59,400 $250,300
2022 $1,725 $272,100 $59,400 $212,700
2021 $1,717 $269,500 $59,400 $210,100
2020 $1,516 $250,700 $59,400 $191,300
2019 $1,489 $243,300 $59,400 $183,900
2018 $1,758 $235,700 $59,400 $176,300
2017 $1,688 $227,900 $59,400 $168,500
2016 $1,605 $222,400 $59,400 $163,000
2014 $1,161 $173,700 $45,700 $128,000
2013 $57 $16,200 $16,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21641259

MIBOR Broker Listing Cooperative®

APN: 79-07-12-251-003.000-003