4038 Farmington Dr N Lafayette, IN 47905
Estimated Value: $475,000 - $525,000
5
Beds
3.5
Baths
3,631
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Vaulted Ceiling
- Backs to Open Ground
- Hershey Elementary School Rated A-
- Traditional Architecture
- Formal Dining Room
About This Home
As of March 2024This beautiful house is located in a quiet subdivision and sits on a large, .6 acre lot. Among the many updates, the Seller installed a new roof in 2020, and new HVAC in 2022. The house offers great living spaces that include an open floor plan featuring a large living room with vaulted ceiling, a terrific flex space that could be used for a living room, formal dining room or even a playroom. The main level also features a bedroom and full bath. Upstairs you will find a lovely primary suite with built-in bookcases and a luxurious bath that offers double vanities, a jetted tub, shower, and large walk-in closet. There are three additional bedrooms on the second level and a great loft/game/reading space. The lower level is a great activity space -- movies, exercise, or entertaining -- plus there is ample storage. The warmer weather will take you outdoors to the grand deck or the large yard and if you have a dog they will love to roam and stay on the property with a full yard invisible fence. Schedule a showing today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,664
Year Built
- Built in 2000
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 132x200
- Backs to Open Ground
- Property has an invisible fence for dogs
- Landscaped
- Level Lot
HOA Fees
- $6 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Open Floorplan
- Built-in Bookshelves
- Vaulted Ceiling
- Self Contained Fireplace Unit Or Insert
- Gas Log Fireplace
- Double Pane Windows
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven or Range
- Laminate Countertops
- Utility Sink
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Bathtub With Separate Shower Stall
- Garden Bath
Laundry
- Laundry on main level
- Electric Dryer Hookup
Partially Finished Basement
- 1 Bathroom in Basement
- 2 Bedrooms in Basement
Location
- Suburban Location
Schools
- Hershey Elementary School
- East Tippecanoe Middle School
- William Henry Harrison High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
- Cable TV Available
Community Details
- Farmington Subdivision
Listing and Financial Details
- Assessor Parcel Number 79-07-12-302-014.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Mar 25, 2024
Sold by
Schrandt Gregory M
Bought by
Baird Jacob and Baird Lesley
Seller's Agent
Amy Junius-Humbaugh
F.C. Tucker/Shook
Buyer's Agent
Reagan Geswein
Lafayette Listing Realty LLC
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Total Days on Market
89
Views
301
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,471
Avg. Annual Appreciation
2.50%
Original Mortgage
$384,000
Outstanding Balance
$379,821
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$113,650
Purchase Details
Closed on
Feb 8, 2022
Sold by
Schrandt Jennifer S
Bought by
Schrandt Gregory M
Purchase Details
Closed on
Mar 21, 2007
Sold by
Williams Jasson L and Williams Kristen A
Bought by
Schrandt Gregory M and Schrandt Jennifer S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.27%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baird Jacob | $480,000 | None Listed On Document | |
| Schrandt Gregory M | -- | -- | |
| Schrandt Gregory M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baird Jacob | $384,000 | |
| Previous Owner | Schrandt Gregory M | $102,500 | |
| Previous Owner | Schrandt Gregory M | $161,100 | |
| Previous Owner | Schrandt Gregory M | $168,000 | |
| Previous Owner | Williams Jasson L | $28,000 | |
| Previous Owner | Williams Jasson L | $206,650 | |
| Previous Owner | Williams Jasson L | $206,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $480,000 | -1.8% | $132 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 02/20/2024 02/20/24 | Price Changed | $489,000 | -2.0% | $135 / Sq Ft |
| 11/24/2023 11/24/23 | For Sale | $499,000 | -- | $137 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,531 | $383,000 | $67,400 | $315,600 |
| 2023 | $2,531 | $372,000 | $67,400 | $304,600 |
| 2022 | $2,664 | $345,400 | $67,400 | $278,000 |
| 2021 | $2,220 | $293,200 | $34,000 | $259,200 |
| 2020 | $2,082 | $282,800 | $44,200 | $238,600 |
| 2019 | $2,046 | $279,100 | $44,200 | $234,900 |
| 2018 | $1,960 | $274,200 | $44,200 | $230,000 |
| 2017 | $1,920 | $269,400 | $44,200 | $225,200 |
| 2016 | $1,849 | $266,200 | $44,200 | $222,000 |
| 2014 | $1,767 | $257,700 | $44,200 | $213,500 |
| 2013 | $1,763 | $243,900 | $44,200 | $199,700 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Junius-Humbaugh
Seller's Agent in 2024
Amy Junius-Humbaugh
F.C. Tucker/Shook
(765) 714-1499
163 Total Sales
-
Reagan Geswein
Buyer's Agent in 2024
Reagan Geswein
Lafayette Listing Realty LLC
(765) 607-1684
241 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202342613
APN: 79-07-12-302-014.000-003
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