NOT LISTED FOR SALE

4801 Masons Ridge Rd Lafayette, IN 47909

Estimated Value: $486,781 - $535,000

5 Beds
4 Baths
3,441 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $298,000 $87 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,127/month

216 Days on Market

Highlights

  • Open Floorplan
  • Partially Wooded Lot
  • Wood Flooring
  • 1.5-Story Property
  • Backs to Open Ground
  • Great Room

About This Home

As of May 2017

Beautiful stone exterior welcomes you in this lovely newer home built by Citation Homes. Hardwood floors add to the charm and character throughout the kitchen and dining room. Kitchen features granite counters, warm cabinetry, large pantry, modern tile backsplash and lighting with ample seating at the breakfast bar. Master bedroom has great natural lighting and tray ceiling with large master bath including dual vanity, stand up tile shower and separate walk in closet. One other bedroom on the main level, one full bedroom & bath on the upper level and two additional bedrooms in large finished basement gives everyone their own space and privacy! Additional rec room on the lower level perfect for hanging out and entertaining. Partially wooded, corner lot is almost a half acre and has its own ravine, large deck and manicured landscaping. Well cared for and perfect for your family! 3D Virtual Tour Available!

Last Listed By

Cathy Russell

@properties Listed on: 09/13/2016

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 2012

Lot Details

  • 0.48 Acre Lot
  • Backs to Open Ground
  • Landscaped
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 1.5-Story Property
  • Planned Development
  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-11-16-454-008.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 2012

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Age: 5
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MASONS RIDGE SD LOT 54
  • Parcel Number ID: 79-11-16-454-008.000-031
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Cable Available, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Gas, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Cross Street: Wea School Rd
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Planned Unit Dev: Yes
  • Sp Lp Percent: 94.6
  • State Id: 146054110543
  • Special Features: None

Interior Features

  • Total Sq Ft: 3451
  • Total Finished Sq Ft: 3441
  • Above Grade Finished Sq Ft: 2385
  • Below Grade Finished Sq Ft: 1056
  • Below Grade Sq Ft: 10
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 17x20, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Family Room: Dimensions: 17x22, On Level: Basement
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Basement
  • Bedroom 5: Dimensions: 11x11, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1066

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: REMC
  • Gas Company: Vectren Energy
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 5xMain, On Level: 8

Condo/Co-op/Association

  • Association Fees: 190
  • Association Fees Frequency: Annually

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Wea Ridge
  • Middle School: Wea Ridge
  • High School: Mc Cutcheon

Lot Info

  • Lot Description: Partially Wooded, Slope, 0-2.9999
  • Lot Dimensions: 114x184 Irregular
  • Estimated Lot Sq Ft: 20976
  • Estimated Lot Size Acres: 0.481
  • Lot Number: 54
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 2096.68
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
May 31, 2017
Sold by
Pinkerton Jacob T and Pinkerton Jill M
Bought by
Graham Michael A and Graham Kimberly A
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Lynn Edgell
@properties
List Price
$325,000
Sold Price
$298,000
Premium/Discount to List
-$27,000
-8.31%
Total Days on Market
216
Current Estimated Value
$515,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,945
Avg. Annual Appreciation
7.34%
Original Mortgage
$279,812
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2013
Closed on
Jan 7, 2013
Sold by
Citation Homes Inc
Bought by
Pinkerton Jacob T and Pinkerton Jill M
Seller's Agent
Steve Schreckengast
Citation Homes Inc
Buyer's Agent
Steve Schreckengast
Citation Homes Inc
List Price
$287,977
Sold Price
$287,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$273,578
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Tippecanoe Development Llc
Bought by
Citation Homes Inc

Purchase Details

Closed on
Oct 7, 2009
Sold by
Lafayette Bank & Trust
Bought by
Tippecanoe Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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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
Graham Michael A -- --
Pinkerton Jacob T -- --
Citation Homes Inc -- None Available
Tippecanoe Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Michael A $268,000
Closed Graham Michael A $279,812
Previous Owner Pinkerton Jacob T $273,578
Previous Owner Tippecanoe Development Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $298,000 -8.3% $87 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $325,000 +12.9% $94 / Sq Ft
01/07/2013 01/07/13 Sold $287,977 0.0% $108 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $287,977 -- $108 / 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 $3,003 $412,200 $52,000 $360,200
2023 $3,003 $387,500 $52,000 $335,500
2022 $2,833 $358,100 $52,000 $306,100
2021 $2,658 $336,600 $52,000 $284,600
2020 $2,440 $317,200 $52,000 $265,200
2019 $2,265 $311,300 $52,000 $259,300
2018 $2,189 $307,400 $52,000 $255,400
2017 $2,270 $308,800 $52,000 $256,800
2016 $2,152 $297,800 $52,000 $245,800
2014 $2,064 $289,100 $52,000 $237,100
2013 $2,123 $283,400 $46,600 $236,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201642669

Indiana Regional MLS

APN: 79-11-16-454-008.000-031