NOT LISTED FOR SALE

3912 Somerset Place West Lafayette, IN 47906

Estimated Value: $411,000 - $489,120

0.5 Acre
$900,060 Price per Acre
21,780 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $67,250

Est. 569% increase in value since last sale

Current estimated payment $2,634/month

57 Days on Market

About This Lot

As of April 2019

Beautiful partially wooded lot located in Capilano Estates. One of a few lots left in this great subdivision. House can be hooked up to American Suburban Utilities with an approved engineer report. Great subdivision, great lot, close to schools and Purdue. great lot to put a builder spec home.

Last Agent to Sell the Property

Ken Koch

Keller Williams Lafayette Listed on: 01/10/2019

Keller Williams Lafayette

Last Buyer's Agent

Ken Koch

Keller Williams Lafayette Listed on: 01/10/2019

Keller Williams Lafayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $778

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 158x137
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Additional Features

  • Suburban Location
  • Gas Available

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 79-06-03-128-015.000-022

Property Details

Property Type

Land

Est. Annual Taxes

$778

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Capilano Estates SD Lot 109
  • Parcel Number ID: 79-06-03-128-015.000-022
  • Platted: Yes
  • Location: Suburb
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 98.18
  • Parcel Description: Partially Wooded
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Water Company: Indiana American Water Co
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 158x137
  • Estimated Lot Sq Ft: 21646
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 778.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 20, 2019
Sold by
Mitchell Flynn David and Mitchell Flynn Carol
Bought by
Smith David L and Smith Carol A
Seller's Agent
Ken Koch
Keller Williams Lafayette
Buyer's Agent
Ken Koch
Keller Williams Lafayette
List Price
$68,500
Sold Price
$67,250
Premium/Discount to List
-$1,250
-1.82%
Current Estimated Value
$450,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,780
Avg. Annual Appreciation
34.22%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Mitchell Flynn David L and Mitchell Flynn Carol L
Bought by
Mitchell Flynn David and Mitchell Flynn Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Smith David L -- None Available
Mitchell Flynn David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Flynn David $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $67,250 -1.8% --
03/08/2019 03/08/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $68,500 -- --
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 $2,979 $403,800 $67,500 $336,300
2023 $2,745 $384,800 $67,500 $317,300
2022 $2,588 $337,100 $67,500 $269,600
2021 $2,402 $326,900 $67,500 $259,400
2020 $3,539 $235,100 $67,500 $167,600
2019 $990 $67,500 $67,500 $0
2018 $790 $55,000 $55,000 $0
2017 $778 $55,000 $55,000 $0
2016 $776 $55,000 $55,000 $0
2014 $771 $55,000 $55,000 $0
2013 $816 $55,100 $55,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201901231

Indiana Regional MLS

APN: 79-06-03-128-015.000-022