NOT LISTED FOR SALE

3625 S 1050 E Lafayette, IN 47905

Estimated Value: $240,000 - $313,000

3 Beds
1 Bath
1,966 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $240,000 $122 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,517/month

56 Days on Market

Highlights

  • 10.14 Acre Lot
  • Heavily Wooded Lot
  • Bathtub with Shower
  • McCutcheon High School Rated 9+
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of August 2024

We are so happy to present an opportunity for you to be the next proud owners of wonderfully unique historic property in Tippecanoe County. Barely past Dayton and only less than a minute off of State Road 38, you will find this homestead in need of new life. Having been in the family for over sixty years, this 1830’s, 2 story, hand hewn log cabin has undergone several additions and chapters of its life. The home is a part of 11.2 acres of wooded land of varied densities, and is bordered to the north by a 10 acre vacant lot. We know well that this property is in need of special care from a next steward. Due to a couple conditions of the home and the land, this home could be denied traditional financing. We are seeking cash offers only at this time or financing that known at time of offer to have an appraisal waiver. Interior finished square footage taken from Tippecanoe County Public Record.

Last Agent to Sell the Property

Billy Brand

Concord Realty Group Listed on: 06/05/2024

Concord Realty Group

Last Buyer's Agent

LAF NonMember

NonMember LAF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $517

Year Built

  • Built in 1901

Lot Details

  • 10.14 Acre Lot
  • Rural Setting
  • Level Lot
  • Heavily Wooded Lot
  • Property is zoned A1, Agricultural

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cabin
  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,966 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Cellar
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Schools

  • Dayton Elementary School
  • Wainwright Middle School
  • Mc Cutcheon High School

Utilities

  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-12-12-400-002.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$517

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1901
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S NW SE SEC 12 TWP 22 R3 10 A
  • Parcel Number ID: 79-12-12-400-002.000-012
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Deck Open, Tub/Shower Combination, Main Floor Laundry
  • Location: Rural
  • Zoning Description: Agricultural
  • County Zoning: A1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1966
  • Total Finished Sq Ft: 1966
  • Above Grade Finished Sq Ft: 1966
  • Basement: Yes
  • Basement Foundation: Cellar, Partial Basement
  • Basement Material: Brick
  • Kitchen: Dimensions: 22x12, On Level: Main
  • Family Room: Dimensions: 40x14, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 19x9, On Level: Upper
  • Bedroom 3: Dimensions: 19x12, On Level: Upper
  • Other Room1: Bonus, Dimensions: 14x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x18
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 12
  • Well Type: Private

Schools

  • Elementary School: Dayton

Lot Info

  • Lot Description: Heavily Wooded, Level
  • Lot Dimensions: 1296 x 350 (aprox)
  • Estimated Lot Sq Ft: 484779
  • Estimated Lot Size Acres: 10.14

Tax Info

  • Annual Taxes: 516.78

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Wainwright
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 30, 2024
Sold by
Moore Bonnie M and Green Ladonna M
Bought by
Null Isaac R and Marshall Abbigail S
Seller's Agent
Billy Brand
Concord Realty Group
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%
Views
176
Current Estimated Value
$279,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,495
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Nov 14, 2022
Sold by
Biddle James M
Bought by
Moore Bonnie M and Green Ladonna M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Null Isaac R -- Columbia Title
Moore Bonnie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Null Isaac R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $240,000 -9.4% $122 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $265,000 -- $135 / 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 $658 $116,400 $46,900 $69,500
2023 $1,566 $108,200 $44,100 $64,100
2022 $516 $95,500 $41,100 $54,400
2021 $408 $86,800 $35,500 $51,300
2020 $390 $86,800 $35,500 $51,300
2019 $405 $88,000 $36,700 $51,300
2018 $404 $88,800 $36,900 $51,900
2017 $381 $89,400 $37,900 $51,500
2016 $384 $89,900 $38,400 $51,500
2014 $374 $88,700 $38,700 $50,000
2013 $406 $91,400 $37,500 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202420407

Indiana Regional MLS

APN: 79-12-12-400-002.000-012