NOT LISTED FOR SALE

4556 Spinnaker Trace Lafayette, IN 47909

Estimated Value: $361,842 - $451,000

3 Beds
2 Baths
1,884 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $254,000 $135 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,512/month

67 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Backs to Open Ground
  • McCutcheon High School Rated 9+
  • Traditional Architecture
  • Stone Countertops

About This Home

As of July 2018

Like new Milakis Custom Home built in 2014. Wide open floor plan with soaring vaulted ceiling centered around custom fireplace. Situated on a private maintenance free lot in desirable southside Raineybrook Reserves. The master suite boasts tray ceiling in the bedroom with custom lighting as well as dual sinks, custom walk in shower and garden tub in the bathroom.

Last Agent to Sell the Property

Ashley Milakis Spencer

Raeco Realty Listed on: 04/10/2018

Last Buyer's Agent

Cathy Russell

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 2014

Lot Details

  • 3,049 Sq Ft Lot
  • Backs to Open Ground
  • Rural Setting

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stone Exterior Construction
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 79-11-18-330-007.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 2014

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2014
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THE RESERVE AT RAINEYBROOK PH 1 LOT 7 |
  • Parcel Number ID: 79-11-18-330-007.000-030
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Breakfast Bar, Cable Available, Cable Ready, Ceiling-9+, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Garden Tub, Near Walking Trail, Open Floor Plan, Patio Covered, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination
  • Location: Rural Subdivision
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1884
  • Total Finished Sq Ft: 1884
  • Above Grade Finished Sq Ft: 1884
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 20x20, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar, Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 130
  • Association Fees Frequency: Monthly

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: .07a
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Tax Info

  • Annual Taxes: 1321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Madrid Michael
Bought by
Michael Madrid Revocable Living Trust and Madrid
Current Estimated Value
$401,787

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jul 13, 2018
Sold by
Spencer Ashley A Milakis
Bought by
Madrid Michael
Seller's Agent
Ashley Milakis Spencer
Raeco Realty
Buyer's Agent
Cathy Russell
@properties
List Price
$262,900
Sold Price
$254,000
Premium/Discount to List
-$8,900
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$249,399
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 17, 2014
Closed on
Feb 18, 2014
Sold by
Milakis Homes Llc
Bought by
Milakis Ashley A
Seller's Agent
Greg Wheeler
RE/MAX Ability Plus
Buyer's Agent
Greg Wheeler
RE/MAX Ability Plus
List Price
$176,600
Sold Price
$176,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$158,825
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Rbrook Llc
Bought by
Milakis Homes Llc

Purchase Details

Closed on
Sep 10, 2013
Sold by
Rbrook Llc
Bought by
Milakis Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Michael Madrid Revocable Living Trust -- None Listed On Document
Madrid Michael -- Columbia Title
Milakis Ashley A -- --
Milakis Homes Llc -- --
Milakis Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Michael $249,399
Previous Owner Milakis Ashley A $158,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2018 07/13/18 Sold $254,000 -2.3% $135 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/04/2018 05/04/18 Price Changed $259,900 -1.1% $138 / Sq Ft
04/10/2018 04/10/18 For Sale $262,900 +48.9% $140 / Sq Ft
02/18/2014 02/18/14 Sold $176,600 0.0% $95 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $176,600 -- $95 / 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 $3,399 $312,100 $38,000 $274,100
2023 $2,118 $294,100 $38,000 $256,100
2022 $1,933 $262,100 $38,000 $224,100
2021 $1,807 $246,400 $38,000 $208,400
2020 $1,656 $237,000 $38,000 $199,000
2019 $1,507 $229,600 $38,000 $191,600
2018 $1,415 $222,000 $38,000 $184,000
2017 $1,370 $214,200 $38,000 $176,200
2016 $1,321 $209,900 $38,000 $171,900
2014 $1,206 $196,900 $38,000 $158,900
2013 $8 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Russell

    Buyer's Agent in 2018

    Cathy Russell

    @properties

    (765) 426-7000

    673 Total Sales

    Cathy Russell
    Section Image

  • G

    Seller's Agent in 2014

    Greg Wheeler

    RE/MAX Ability Plus

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Map

Source: Indiana Regional MLS

MLS Number: 201813600

Indiana Regional MLS

APN: 79-11-18-330-007.000-030

Indiana Tippecanoe County Lafayette 47909

4556 Spinnaker Trace, Lafayette, IN

Not Listed for Sale

Detached

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