NOT LISTED FOR SALE

2585 Margesson Crossing Lafayette, IN 47909

Estimated Value: $270,000 - $288,000

3 Beds
2 Baths
2,613 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $114,900 $44 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,675/month

124 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Entrance Foyer
  • Partially Wooded Lot
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

WONDERFUL SPACE AND CONDITION. OPEN CONCEPT. LIVING ROOM FAMILY ROOM, KITCHEN AND DINING. 9FT CEILING ON 1ST FLOOR. GREAT BACK YARD. $1500 BONUS TO SELLING AGENCY.

Last Listed By

Mike Frampton

Indiana Integrity REALTORS Listed on: 08/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 2003

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,613 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Woodland Elementary School
  • Wea Ridge Middle School
  • Mc Cutcheon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Benjamin Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146053060670

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 2003

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2003
  • Age: 10
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BENJAMIN CROSSING PD SEC 1 LOT 67 |
  • Parcel Number ID: 146053060670
  • Amenities: Alarm System-Security, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Deck Open, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2613
  • Total Finished Sq Ft: 2613
  • Above Grade Finished Sq Ft: 2613
  • Price Per Sq Ft: 43.97
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 9x16, On Level: Main
  • Family Room: Dimensions: 17x21, On Level: Main
  • Extra Room: BNK, Dimensions: 11x13, On Level: Main
  • Bedroom 1: Dimensions: 20x25, On Level: Upper
  • Bedroom 2: Dimensions: 15x18, On Level: Upper
  • Bedroom 3: Dimensions: 11x15, On Level: Upper
  • Other Room1: LAU, Dimensions: 5x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees: 250
  • Association Fees Frequency: Annually

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Woodland
  • Middle School: Wea Ridge
  • High School: Mc Cutcheon
  • Elementary School: Woodland

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 50X120
  • Estimated Lot Sq Ft: 5968
  • Estimated Lot Size Acres: 0.137

Tax Info

  • Annual Taxes: 649
  • Total Assessed Value: 115800

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Wea Ridge
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Jan 11, 2013
Sold by
Gray Krista L
Bought by
Murphy Stephen A
Seller's Agent
Mike Frampton
Indiana Integrity REALTORS
Buyer's Agent
Greg Wheeler
RE/MAX Ability Plus
List Price
$124,500
Sold Price
$114,900
Premium/Discount to List
-$9,600
-7.71%
Total Days on Market
124
Current Estimated Value
$277,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,317
Avg. Annual Appreciation
7.19%
Original Mortgage
$112,818
Interest Rate
3.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2010
Sold by
Gray Joshua J
Bought by
Gray Krista L

Purchase Details

Closed on
Feb 20, 2004
Sold by
C P Morgan Communities Lp
Bought by
Gray Joshua J and Gray Krista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,898
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2003
Sold by
Benjamin Crossing Llc
Bought by
C P Morgan Communities Lp

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
Murphy Stephen A -- --
Gray Krista L -- None Available
Gray Joshua J -- --
C P Morgan Communities Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Stephen A $128,500
Closed Murphy Stephen A $105,000
Closed Murphy Stephen A $112,818
Previous Owner Gray Krista L $109,000
Previous Owner Gray Joshua J $128,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $114,900 -7.7% $44 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $124,500 -- $48 / 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 $1,320 $212,300 $20,000 $192,300
2023 $1,314 $196,500 $20,000 $176,500
2022 $1,151 $174,900 $20,000 $154,900
2021 $960 $153,300 $20,000 $133,300
2020 $845 $141,600 $20,000 $121,600
2019 $733 $133,600 $20,000 $113,600
2018 $545 $113,100 $20,000 $93,100
2017 $578 $116,000 $16,000 $100,000
2016 $547 $113,100 $16,000 $97,100
2014 $524 $111,600 $16,000 $95,600
2013 $552 $111,600 $16,000 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 337225

Indiana Regional MLS

APN: 79-11-15-202-003.000-031