NOT LISTED FOR SALE

4495 Indiana 25 Unit 5 Lafayette, IN 47909

Estimated Value: $471,000 - $485,000

2 Acres
$238,269 Price per Acre
87,120 Sq Ft Lot

Last Sold December 09, 2020

Last sale price $50,000

Est. 853% increase in value since last sale

Current estimated payment $2,904/month

231 Days on Market

About This Lot

As of December 2020

Enjoy this nicely wooded estate size tract with grassed open spaces. Located only 10 minutes away from both Purdue and Lafayette.

Last Agent to Sell the Property

Phillip Kerkhoff

Maitlen Realty Listed on: 03/24/2020

Last Buyer's Agent

Michelle Wagoner

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,984

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 250x349
  • Property fronts a state road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)

Parking

  • Driveway

Utilities

  • Private Water Source
  • Private Company Owned Well
  • Well
  • Septic System
  • Private Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 79-10-16-201-005.000-020

Property Details

Property Type

Land

Est. Annual Taxes

$2,984

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PH 1 PFEIFER FARM CONSERVATION SD LOT 5
  • Parcel Number ID: 79-10-16-201-005.000-020
  • Platted: Yes
  • Location: Subdivision, Rural
  • Road Access: State
  • Road Surface: Asphalt
  • Section Number: 16
  • Sp Lp Percent: 90.91
  • Parcel Description: Slope, Undeveloped, 0-2.9999
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: South
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: Private, Well
  • Electric Company: REMC
  • Well Type: Private
  • Electricity Type: Available
  • Sewer Type: Private, Septic

Condo/Co-op/Association

  • Association Fees Frequency: Optional

Schools

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

Lot Info

  • Lot Dimensions: 250x349
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2
  • Easements: Yes

Tax Info

  • Annual Taxes: 44
  • Total Assessed Value: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Majestic Custom Homes Of Lafayette Inc
Bought by
Black Christopher A and Black Stefanie K
Current Estimated Value
$476,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Outstanding Balance
$265,507
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$198,430

Purchase Details

Listed on
Mar 24, 2020
Closed on
Dec 9, 2020
Sold by
Kerkhoff Philip J
Bought by
Majestic Custom Homes Lafayette Inc
Seller's Agent
Phillip Kerkhoff
Maitlen Realty
Buyer's Agent
Michelle Wagoner
Keller Williams Lafayette
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.52%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Jkres Llc
Bought by
Kerkhoff Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2013
Sold by
Kerkhoff John R
Bought by
Jkres Llc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Kerkhoff Philip J
Bought by
Kerkhoff John R and John R Kerkhoff Gift Trust No 1
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
Black Christopher A $361,934 Metropolitan Title
Majestic Custom Homes Lafayette Inc -- None Available
Kerkhoff Philip J -- None Available
Jkres Llc -- --
Kerkhoff John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Christopher A $289,500
Previous Owner Majestic Custom Homes Of Lafayette Inc $44,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $50,000 -9.1% --
11/10/2020 11/10/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $55,000 -- --
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 $2,984 $430,600 $55,000 $375,600
2023 $2,984 $387,200 $55,000 $332,200
2022 $2,924 $345,500 $55,000 $290,500
2021 $10 $2,600 $2,600 $0
2020 $44 $2,600 $2,600 $0
2019 $45 $2,600 $2,600 $0
2018 $43 $2,600 $2,600 $0
2017 $43 $2,600 $2,600 $0
2016 $42 $2,600 $2,600 $0
2014 $42 $2,600 $2,600 $0
2013 $43 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Phillip Kerkhoff

    Maitlen Realty

    (765) 426-2382

    32 Total Sales

    Phillip Kerkhoff
    Section Image
  • Michelle Wagoner

    Buyer's Agent in 2020

    Michelle Wagoner

    Keller Williams Lafayette

    (765) 427-8386

    293 Total Sales

    Michelle Wagoner
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202011103

Indiana Regional MLS

APN: 79-10-16-201-005.000-020

Indiana Tippecanoe County Lafayette 47909

4495 Indiana 25 Unit 5, Lafayette, IN

This home is located at 4495 Indiana 25 Unit 5, Lafayette, IN 47909 since 24 March 2020 and is currently estimated at $476,538. 4495 Indiana 25 Unit 5 is a home located in Tippecanoe County with nearby schools including Mintonye Elementary School, Southwestern Middle School, and McCutcheon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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