$26,000
SOLD MAR 22, 2017

2614 N 400 E La Fayette, IN 47905

0.45 Acre
$57,778 Price per Acre
19,602 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

42% Below List Price

93 Days on Market

About This Lot

As of November 2017

Wonderful area to build a home! This lot is on the East Side and part of Watkins Glen subdivision. Almost 1/2 an acre to build your dream home. Well and septic will be required. Driveway approach is already in.

Last Agent to Sell the Property

Christine Clugh Thomas

Raeco Realty Listed on: 11/08/2016

Last Buyer's Agent

Christine Clugh Thomas

Raeco Realty Listed on: 11/08/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,231

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 160x125
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Garage
  • Driveway

Schools

  • Hershey Elementary School
  • East Tippecanoe Middle School
  • William Henry Harrison High School

Utilities

  • Well Required

Community Details

  • Watkins Glen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79-10-35-324-700.000-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,231

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PARCEL 79-103-53247-00 |
  • Parcel Number ID: 79-10-35-324-700.000-000
  • Platted: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 57.78
  • Parcel Description: Level
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2016
  • Special Features: None

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Garage

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Sewer Type: Regional

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Hershey
  • Middle School: East Tippecanoe
  • High School: William Henry Harrison
  • Elementary School: Hershey

Lot Info

  • Lot Dimensions: 160x125
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45
  • Easements: Yes

MLS Schools

  • High School: William Henry Harrison
  • Middle School: East Tippecanoe
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Nov 3, 2017
Sold by
Richard Randall S and Richard Peggy S
Bought by
Halsmer Louis J
Seller's Agent
Bobbi Charters
RE/MAX Ability Plus
Buyer's Agent
Cara McLean-Rolfes
Trueblood Real Estate
List Price
$169,900
Sold Price
$168,500
Premium/Discount to List
-$1,400
-0.82%
Current Estimated Value
$339,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,938
Avg. Annual Appreciation
9.03%
Original Mortgage
$170,202
Outstanding Balance
$144,307
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$184,459

Purchase Details

Listed on
Nov 8, 2016
Closed on
Feb 8, 2017
Sold by
Richard Randall S
Bought by
Richard Randall S and Richard Peggy S
Seller's Agent
Christine Clugh Thomas
Raeco Realty
Buyer's Agent
Christine Clugh Thomas
Raeco Realty
List Price
$45,000
Sold Price
$26,000
Premium/Discount to List
-$19,000
-42.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1937.39%
Original Mortgage
$140,160
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2016
Closed on
Feb 3, 2017
Sold by
Truth For Today Inc
Bought by
Richard Randall S
Seller's Agent
Christine Clugh Thomas
Raeco Realty
Buyer's Agent
Christine Clugh Thomas
Raeco Realty
List Price
$45,000
Sold Price
$26,000
Premium/Discount to List
-$19,000
-42.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,160
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2001
Sold by
Watkins Joseph L
Bought by
Truth For Today Inc

Purchase Details

Closed on
May 15, 2001
Sold by
Truth For Today Inc
Bought by
Mourning Marie D
Source: Public Records

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 Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- Columbia Title
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 New Conventional
Open $170,202 New Conventional
Previous Owner $140,160 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $168,500 -0.8% $94 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $169,900 +553.5% $95 / Sq Ft
03/22/2017 03/22/17 Sold $26,000 -42.2% $14 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $45,000 -- $25 / 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 $1,231 $197,800 $46,800 $151,000
2023 $1,134 $190,500 $46,800 $143,700
2022 $1,158 $178,700 $46,800 $131,900
2021 $904 $149,200 $29,000 $120,200
2020 $820 $141,700 $29,000 $112,700
2019 $784 $137,700 $29,000 $108,700
2018 $754 $135,300 $29,000 $106,300
2017 $573 $112,000 $29,000 $83,000
2016 $0 $112,000 $29,000 $83,000
2014 -- $128,500 $29,000 $99,500
2013 -- $127,400 $29,000 $98,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201651266

Indiana Regional MLS

APN: 79-07-11-277-001.000-003