NOT LISTED FOR SALE

422 Passage Way Lafayette, IN 47905

Estimated Value: $485,769 - $583,000

4 Beds
3 Baths
2,900 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $268,500 $93 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,201/month

27 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Backs to Open Ground
  • Wyandotte Elementary School Rated A-
  • Ranch Style House
  • Wood Flooring

About This Home

As of March 2014

Hershey / East Tipp Area! Gorgeous custom ranch with finished basement on nearly 2 acres. Built in 2004, this lovely home features a gorgeous designer cherry kitchen, stainless appliances, and upscale concrete counters, vaulted ceilings, finished basement with egress windows, hardwood floors, screened porch and so much more!

Last Agent to Sell the Property

Kristy Sporre

Keller Williams Lafayette Listed on: 01/28/2014

Keller Williams Lafayette

Last Buyer's Agent

Roderick Korty

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 2004

Lot Details

  • 2 Acre Lot
  • Backs to Open Ground
  • Landscaped
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven or Range
  • Kitchen Island
  • Concrete Kitchen Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Partially Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy Recovery Ventilator

Utilities

  • Central Air
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-08-21-300-030.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Age: 10
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SE SEC 21 TWP 23 1.89 PARCEL 2
  • Parcel Number ID: 79-08-21-300-030.000-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Built-In Speaker System, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Concrete, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Screened, Range/Oven Hook Up Gas
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 95.93
  • Special Features: None

Interior Features

  • Total Sq Ft: 3375
  • Total Finished Sq Ft: 2900
  • Above Grade Finished Sq Ft: 2100
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 475
  • Basement Foundation: Daylight, Partial Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x19, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Breakfast Room: Dimensions: 10x13, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 15x23, On Level: Lower
  • Den: Dimensions: 10x13, On Level: Main
  • Extra Room: Screened Porch, Dimensions: 22x12, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Bedroom 3: Dimensions: 12x13, On Level: Main
  • Bedroom 4: Dimensions: 14x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1275

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x28
  • Garage Sq Ft: 728

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Energy Recover Ventilator
  • Laundry: Dimensions: 9xMain, On Level: 7
  • Well Type: Unknown

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1444
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2014
Closed on
Mar 27, 2014
Sold by
Thorpe Shane Allen and Thorpe Elizabeth A
Bought by
Mellady Michael L and Mellady Jolinda K
Seller's Agent
Kristy Sporre
Keller Williams Lafayette
Buyer's Agent
Roderick Korty
Keller Williams Lafayette
List Price
$289,900
Sold Price
$268,500
Premium/Discount to List
-$21,400
-7.38%
Current Estimated Value
$537,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,442
Avg. Annual Appreciation
6.34%
Original Mortgage
$148,500
Outstanding Balance
$49,607
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$486,394

Purchase Details

Closed on
Mar 8, 2005
Sold by
Ward Elizabeth and Allen Thorpe Shane
Bought by
Allen Thorpe Shane and Thorpe Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Mellady Michael L -- --
Allen Thorpe Shane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellady Michael L $148,500
Closed Mellady Michael L $148,500
Previous Owner Allen Thorpe Shane $33,212
Previous Owner Thorpe Elizabeth A $212,000
Previous Owner Allen Thorpe Shane $29,000
Previous Owner Allen Thorpe Shane $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $268,500 -7.4% $93 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $289,900 -- $100 / 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 $2,463 $346,100 $48,900 $297,200
2023 $2,463 $337,900 $48,900 $289,000
2022 $2,356 $302,300 $48,900 $253,400
2021 $2,256 $290,700 $48,900 $241,800
2020 $2,125 $282,300 $48,900 $233,400
2019 $2,105 $281,400 $48,900 $232,500
2018 $1,973 $269,500 $34,700 $234,800
2017 $1,975 $267,700 $34,700 $233,000
2016 $1,955 $266,500 $34,700 $231,800
2014 $1,458 $229,200 $34,700 $194,500
2013 $1,531 $229,100 $34,700 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201401999

Indiana Regional MLS

APN: 79-08-21-300-030.000-009