$66,900
$23K PRICE DROP

3823 Walnut St West Lafayette, IN 47906

Estimated payment $507/month

Total Views 26,876
3 Beds
1 Bath
600 Sq Ft
$112 Price per Sq Ft

Highlights

  • Hot Property
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage

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! There are some items that will need further attention, such as the well of the neighbor is on this property and an Easement will need to be put in place.

Listing Agent

Adam Farrell

Ferris Property Group License #RB17000926 Listed on: 09/30/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,489 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 600 Sq Ft Home
  • Woodwork
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Otterbein Elementary School
  • Benton Central Jr-Sr High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 790606128007000014

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1940
  • Building Area Total: 600
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 600
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Barn Mini, Storage
  • Foundation Details: See Remarks
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5489
  • Parcel Number: 790606128007000014
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1864
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 932

MLS Schools

  • Elementary School: Otterbein Elementary School
  • High School: Benton Central Jr-Sr High School

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 List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $66,900 0.0% $112 / Sq Ft
10/21/2025 10/21/25 Off Market $66,900 -- --
10/14/2025 10/14/25 Price Changed $66,900 -3.0% $112 / Sq Ft
10/07/2025 10/07/25 Price Changed $69,000 -13.6% $115 / Sq Ft
10/03/2025 10/03/25 Price Changed $79,900 -11.1% $133 / Sq Ft
09/30/2025 09/30/25 For Sale $89,900 -- $150 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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) 678-1207

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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    Welcome home! Enjoy the serene, peaceful setting this 1 acre property has to offer! This home has a Large Living Room with woodburning stove. An updated kitchen and breakfast room offer plenty of room for family dinner. A flex space off of the kitchen is perfect for a home office. The primary bedroom and bathroom complete the main floor. Upstairs you'll find two bedrooms with ample storage. This

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  • 7468 Prairie Lake Dr, Indianapolis, IN 46256

    $240,000 Sold Apr 11, 2025

    • 2 Beds
    • 2 Baths
    • 1,924 Sq Ft
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    This ranch style condo in Castleton Farms is a great opportunity in a friendly neighborhood. This highly sought after floor plan boasts a 2 car garage and plenty of recent remodeling. The primary suite has a roomy walk-in closet and spacious bath. The dining area is just off the kitchen, with laundry just in from the garage. Both baths, sunroom, and kitchen have all been recently updated. See

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  • 2009 Derbyshire Ct, North Vernon, IN 47265

    $25,000 Sold May 03, 2025

    • 2 Beds
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    • 2009 Derbyshire Ct
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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: MIBOR Broker Listing Cooperative®

MLS Number: 22065593

MIBOR Broker Listing Cooperative®

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