$89,900

3823 Walnut St West Lafayette, IN 47906

Estimated payment $631/month

3 Beds
1 Bath
600 Sq Ft
$150 Price per Sq Ft

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Partially Fenced Property
  • Corner Lot

About This Home

Fixer-Upper with Commercial Potential – Zoned Residential – Includes Outbuildings & Garage Opportunity knocks with this unique property that offers incredible potential for the right buyer. Formerly set up as a commercial storefront, this structure features a retail-style front entrance and open interior layout, ideal for a variety of creative uses. Whether you're dreaming of a live/work space, home-based business, artist studio, or full residential conversion, the possibilities are here. While zoned as residential, the property retains many commercial features and offers excellent flexibility (buyer to verify approved uses with the city). The main building is in need of repairs and updating, but is priced accordingly and ready for a visionary transformation. In addition to the main structure, the property includes: Three small outbuildings – perfect for storage, workshops, or studio spaces; 2-car detached garage This is a rare opportunity for investors, flippers, or entrepreneurs looking for a project with long-term upside. Bring your imagination—and your contractor—and uncover the potential this property has to offer!

Listing Agent

Adam Farrell

Ferris Property Group Listed on: 09/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1940

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 103x60
  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot
  • Zoning described as area is GB, prop is res

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • 600 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Otterbein Elementary School
  • Benton Central Middle School
  • Benton Central High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Community Well

Listing and Financial Details

  • Assessor Parcel Number 79-06-06-128-007.000-014
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Style: Detached
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: M E MOORES ADDN LOT 1
  • Parcel Number ID: 79-06-06-128-007.000-014
  • Platted: Yes
  • Amenities: Range/Oven Hook Up Elec
  • Zoning Description: area is GB, prop is res
  • Special Features: None

Interior Features

  • Total Sq Ft: 600
  • Total Finished Sq Ft: 600
  • Above Grade Finished Sq Ft: 600
  • Basement Foundation: Slab
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Fence: Partial, Privacy

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x23
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Heat Pump
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Well Type: Community

Schools

  • Elementary School: Otterbein

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 103x60
  • Estimated Lot Sq Ft: 5489
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 1

Tax Info

  • Annual Taxes: 1864

MLS Schools

  • High School: Benton Central
  • Middle School: Benton Central
  • School District: Benton Community

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,864 $85,400 $7,000 $78,400
2023 $652 $45,700 $7,000 $38,700
2022 $606 $41,500 $7,000 $34,500
2021 $542 $37,400 $7,000 $30,400
2020 $382 $28,800 $7,000 $21,800
2019 $326 $28,800 $7,000 $21,800
2018 $332 $28,800 $5,700 $23,100
2017 $319 $28,600 $5,700 $22,900
2016 $317 $29,400 $5,700 $23,700
2014 $297 $28,000 $5,700 $22,300
2013 $311 $27,500 $5,700 $21,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2025 09/30/25 For Sale $89,900 -- $150 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- None Listed On Document
Source: Public Records

About the Listing Agent

Adam Farrell

Ferris Property Group

(765) 487-5192

Section Image

Adam has been in the real estate world since 2018 and has seen steady growth ever since. He has worked with many First Time Home Buyers, and is excited to have more listings this year! Adam is a great communicator and he does not like to procrastinate on necessary conversations, good or bad. Adam wanted to get into real estate for several different reasons, but his main reason was to find out what it would take to buy a home. He saw that as an opportunity to take the course and get his license.

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    Own your own land at the lake!! Get away from it all and enjoy fishing and boating on this well placed property. You'll be close enough to home for a quick weekend trip, but far enough away from city lights to enjoy a sky full of stars in this quiet neighborhood. City Water and Sewer connected!! The parking area is large enough for multiple cars or you can use the space to upgrade the living

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Source: Indiana Regional MLS

MLS Number: 202539535

Indiana Regional MLS

APN: 79-06-06-128-007.000-014