NOT LISTED FOR SALE

4279 Admirals Pointe Dr Unit 250 Lafayette, IN 47909

Estimated Value: $522,867 - $542,000

0.41 Acre
$1,292,602 Price per Acre
17,860 Sq Ft Lot

Last Sold October 11, 2021

Last sale price $85,900

Est. 517% increase in value since last sale

Current estimated payment $3,220/month

487 Days on Market

About This Lot

As of October 2021

Raineybrook Bay & Chesapeake Landing are located only 5 minutes from Purdue University and 10 minutes from Downtown Lafayette! This natural setting provides country living while still including amenities like Fiber internet, City Water & City Sewer. Location also provides a wonderful TSC School district! This unique setting of nature and convenience is hard to find so close to a rapidly expanding University. With walking trails throughout the neighborhood, and a beautiful nearby lake, you’ll be able to to enjoy the peaceful setting that surrounds you.

Last Agent to Sell the Property

Travis Nuest

Copper Leaf Real Estate Listed on: 05/08/2020

Last Buyer's Agent

Dustin Robinson

Lafayette Listing Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,216

Lot Details

  • 0.41 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)
  • Property is zoned R1

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 79-10-13-277-028.000-020

Property Details

Property Type

Land

Est. Annual Taxes

$3,216

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: RAINEYBROOK BAY SD PT 2 PH 2 SEC 1 LOT 250 |
  • Parcel Number ID: 79-10-13-277-028.000-020
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: 0-2.9999
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • County Zoning: R1
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Mintonye
  • Middle School: Southwestern
  • High School: Mc Cutcheon

Lot Info

  • Lot Dimensions: .41
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41
  • Lot Number: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Andy Powers Developments Llc
Bought by
Meldrum Russell D
Current Estimated Value
$529,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$462,726
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$67,241

Purchase Details

Listed on
May 8, 2020
Closed on
Oct 11, 2021
Sold by
Ab Squared Llc
Bought by
Andy Powers Developments Llc
Seller's Agent
Travis Nuest
Copper Leaf Real Estate
Buyer's Agent
Dustin Robinson
Lafayette Listing Realty LLC
List Price
$85,900
Sold Price
$85,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.74%
Original Mortgage
$360,000
Interest Rate
3.01%
Mortgage Type
New Conventional
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
Meldrum Russell D $490,000 None Listed On Document
Andy Powers Developments Llc $85,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meldrum Russell D $485,000
Previous Owner Andy Powers Development Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $85,900 0.0% --
05/08/2020 05/08/20 For Sale $85,900 -- --
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 $3,216 $451,500 $75,000 $376,500
2023 $3,216 $418,100 $75,000 $343,100
2022 $1,542 $202,700 $75,000 $127,700
2021 $8 $500 $500 $0
2020 $8 $500 $500 $0
2019 $9 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202016350

Indiana Regional MLS

APN: 79-10-13-277-028.000-020