NOT LISTED FOR SALE

4553 Spinnaker Trace Lafayette, IN 47909

Estimated Value: $509,000 - $543,974

5 Beds
3 Baths
3,607 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $485,000 $134 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,270/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Ranch Style House
  • Waterfront
  • Lake, Pond or Stream
  • Backs to Open Ground

About This Home

As of April 2023

All brick ranch with a finished basement and water views! This low maintenance 5 bedroom home offers 3 full bathrooms, lots of natural light, hardwood flooring, fireplace, office, and movie theater. Main level ensuite with walk-in tile shower, double vanity, skylight, and walk-in closet. Solid wood doors throughout, main level laundry room and plenty of storage. Enjoy the water views on the back deck or lower patio area. This stunning property is great for entertaining with the open floor plan, dining area, eat-in kitchen with large island, and outdoor space. HOA monthly fee covers lawncare and snow removal.

Last Agent to Sell the Property

Lynn Edgell

@properties Listed on: 03/10/2023

@properties

Last Buyer's Agent

Mike Frampton

Indiana Integrity REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 2002

Lot Details

  • 3,136 Sq Ft Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Log Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement
  • Natural lighting in basement

Outdoor Features

  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 79-11-18-177-020.000-030

Community Details

Overview

  • The Reserve At Raineybrook Subdivision

Recreation

  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,579

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2002
  • Age: 21
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: THE RESERVE AT RAINEY BROOK PH 1 LOT 51
  • Parcel Number ID: 79-11-18-177-020.000-030
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Closet(s) Walk-in, Deck Open, Eat-In Kitchen, Foyer Entry, Jet Tub, Kitchen Island, Landscaped, Open Floor Plan, Pocket Doors, Skylight(s), Twin Sink Vanity, Utility Sink, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4162
  • Total Finished Sq Ft: 3607
  • Above Grade Finished Sq Ft: 2081
  • Below Grade Finished Sq Ft: 1526
  • Below Grade Sq Ft: 555
  • Price Per Sq Ft: 233.06
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 16x22, On Level: Main
  • Kitchen: Dimensions: 13x16, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Extra Room: Foyer, Dimensions: 7x13, On Level: Main
  • Bedroom 1: Dimensions: 15x18, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 11x17, On Level: Lower
  • Bedroom 4: Dimensions: 11x14, On Level: Lower
  • Bedroom 5: Dimensions: 11x11, On Level: Lower
  • Other Room1: Office, Dimensions: 10x11, On Level: Main
  • Other Room 2: Theater, Dimensions: 21x23, On Level: Lower
  • Other Room 3: Storage Room, Dimensions: 10x53, 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: 2081

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Water Features: Assoc

Garage/Parking

  • Driveway: Concrete, Shared
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x27
  • Garage Sq Ft: 621
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx9, On Level: 9
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 130
  • Association Fees Frequency: Monthly
  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, Water View
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 3136
  • Estimated Lot Size Acres: 0.072

Tax Info

  • Annual Taxes: 2579.06
  • Exemptions: Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 31, 2023
Sold by
Swadley Ryan D
Bought by
Kamp Michael J and Kamp Mei
Seller's Agent
Lynn Edgell
@properties
Buyer's Agent
Mike Frampton
Indiana Integrity REALTORS
List Price
$485,000
Sold Price
$485,000
Views
78
Current Estimated Value
$526,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,494
Avg. Annual Appreciation
3.31%
Original Mortgage
$460,750
Outstanding Balance
$448,712
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$75,351

Purchase Details

Closed on
Jan 27, 2011
Sold by
Schrier James R
Bought by
Alt Louis M and Swadley Ryan D

Purchase Details

Closed on
Aug 11, 2006
Sold by
Alt Louis M
Bought by
Alt Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Alt Linda Joan
Bought by
Alt Louis M and Alt Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Alt Louis Maier
Bought by
Alt Linda Joan

Purchase Details

Closed on
Apr 30, 2002
Sold by
Rbrook Llc
Bought by
Alt Louis Maier and Alt Linda Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,870
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
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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
Kamp Michael J $485,000 Metropolitan Title
Alt Louis M -- None Available
Alt Linda J -- None Available
Alt Louis M -- None Available
Alt Linda Joan -- --
Alt Louis Maier -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamp Michael J $460,750
Previous Owner Alt Louis M $51,000
Previous Owner Alt Linda Joan $100,000
Previous Owner Alt Louis Maier $199,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $485,000 0.0% $134 / Sq Ft
03/10/2023 03/10/23 For Sale $485,000 -- $134 / 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 $3,264 $424,900 $38,000 $386,900
2023 $2,990 $395,500 $38,000 $357,500
2022 $2,756 $354,500 $38,000 $316,500
2021 $2,579 $332,400 $38,000 $294,400
2020 $2,422 $319,100 $38,000 $281,100
2019 $2,211 $309,000 $38,000 $271,000
2018 $2,082 $298,600 $38,000 $260,600
2017 $2,093 $296,400 $38,000 $258,400
2016 $2,022 $290,300 $38,000 $252,300
2014 $1,902 $277,200 $38,000 $239,200
2013 $1,706 $242,500 $38,000 $204,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lynn Edgell

    @properties

    (765) 426-6246

    191 Total Sales

    Lynn Edgell
    Section Image

  • M

    Buyer's Agent in 2023

    Mike Frampton

    Indiana Integrity REALTORS

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202306896

Indiana Regional MLS

APN: 79-11-18-177-020.000-030

Indiana Tippecanoe County Lafayette 47909

4553 Spinnaker Trace, Lafayette, IN

This home is located at 4553 Spinnaker Trace, Lafayette, IN 47909 since 10 March 2023 and is currently estimated at $526,494, approximately $145 per square foot. This property was built in 2002. 4553 Spinnaker Trace 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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