NOT LISTED FOR SALE

4526 Cormorant Dr Lafayette, IN 47909

Estimated Value: $509,000 - $596,000

0.49 Acre
$1,124,337 Price per Acre
21,344 Sq Ft Lot

Last Sold May 23, 2014

Last sale price $58,500

Est. 842% increase in value since last sale

Current estimated payment $3,407/month

245 Days on Market

About This Lot

As of May 2014

Wonderful building site with pond view. Located at the end of a cul-de-sac.

Last Agent to Sell the Property

Jennifer O'Shea

Keller Williams Indy Metro NE Listed on: 08/08/2013

Keller Williams Indy Metro NE

Last Buyer's Agent

Jennifer O'Shea

Keller Williams Indy Metro NE Listed on: 08/08/2013

Keller Williams Indy Metro NE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,052

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100 x 180
  • Waterfront
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Mintonye Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 79-11-18-176-003.000-030

Community Details

Overview

  • Raineybrook Subdivision

Recreation

  • Waterfront Owned by Association
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$4,052

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: RAINEYBROOK SD REV PH 5 LOT 122 STK 791118176003000030 A 144-02119-0 |
  • Parcel Number ID: 79-11-18-176-003.000-030
  • Platted: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 91.41
  • Parcel Description: Cul-De-Sac, Waterfront
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: East, North
  • Type Use: Residential
  • Year Taxes Payable: 2013
  • Special Features: None

Exterior Features

  • Water Features: Assoc
  • Road Frontage: City

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 100 x 180
  • Estimated Lot Sq Ft: 21344
  • Estimated Lot Size Acres: 0.49
  • Easements: Yes
  • Improvements: Street Lights, Storm Sewers

Tax Info

  • Annual Taxes: 20.83

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2014
Sold by
Crown Line Homes Inc
Bought by
Rivas Michael and Rivas Elizabeth
Current Estimated Value
$550,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,040
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Apr 30, 2014
Sold by
Rbrook Llc
Bought by
Crown Line Homes Inc
Seller's Agent
Jennifer O'Shea
Keller Williams Indy Metro NE
Buyer's Agent
Jennifer O'Shea
Keller Williams Indy Metro NE
List Price
$64,000
Sold Price
$58,500
Premium/Discount to List
-$5,500
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%
Original Mortgage
$256,478
Interest Rate
4.34%
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
Rivas Michael -- --
Crown Line Homes Inc -- Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Michael $234,000
Closed Rivas Michael $269,040
Previous Owner Crown Line Homes Inc $256,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $58,500 -8.6% --
04/10/2014 04/10/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $64,000 -- --
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 $4,052 $536,100 $70,000 $466,100
2023 $4,052 $518,900 $70,000 $448,900
2022 $3,601 $454,000 $43,700 $410,300
2021 $3,181 $404,100 $43,700 $360,400
2020 $3,010 $390,200 $43,700 $346,500
2019 $2,695 $371,400 $43,700 $327,700
2018 $2,481 $351,800 $43,700 $308,100
2017 $2,447 $343,600 $43,700 $299,900
2016 $2,377 $338,000 $43,700 $294,300
2014 $5 $1,200 $1,200 $0
2013 $18 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201311042

Indiana Regional MLS

APN: 79-11-18-176-003.000-030