NOT LISTED FOR SALE

501 Shady Creek Dr Lafayette, IN 47905

Estimated Value: $456,725 - $520,000

4 Beds
2.5 Baths
3,397 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $329,000 $97 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,953/month

185 Days on Market

Highlights

  • Fireplace in Bedroom
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2019

Overlooking the beautiful Wildcat Creek, this elegant brick home is the opportunity you have been waiting for. Featuring over 3,000 square feet, this 4 bedroom, 2 1/2 bath home is perfect for family and entertaining. The recently updated kitchen with new appliances, granite counter top, new stainless steel sink and fixtures with large island opens up to a spacious family living area with fireplace. A separate updated wet bar, along with a formal living and dining room provides endless opportunities for entertaining guest. You will not want to miss the sights from the updated deck complete with pergola that overlooks the large back yard and the every changing seasonal views of Wildcat Creek. A separate sunroom provides ample space for a play area, hobby space or relaxing. The master bedroom suite can be your own personal oasis with fireplace, jetted tub and generous master closet. Three other generous sized bedrooms share a bath with double sinks and shower/tub combo. This distinctive home is located near schools and shopping. Really a fine home that you should see without delay!

Last Agent to Sell the Property

Pamela Whitehead

RE/MAX At The Crossing Listed on: 10/17/2018

RE/MAX At The Crossing

Last Buyer's Agent

Lynn Beckham

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1996

Lot Details

  • 0.6 Acre Lot
  • Decorative Fence
  • Corner Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,397 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Basement Cellar
  • Storage In Attic

Kitchen

  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 79-07-24-126-012.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,067

Year Built

Built in 1996

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1996
  • Age: 23
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: WILDCAT VALLEY ESTATES SD PH 1 PT LOT 2 |
  • Parcel Number ID: 79-07-24-126-012.000-001
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Storage, Built-In Speaker System, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener, Jet Tub, Irrigation System, Kitchen Island, Wet Bar, Stand Up Shower, Formal Dining Room
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.57
  • Special Features: None

Interior Features

  • Total Sq Ft: 3397
  • Total Finished Sq Ft: 3397
  • Above Grade Finished Sq Ft: 3397
  • Price Per Sq Ft: 96.85
  • Basement Foundation: Slab, Cellar
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, 1st Bdrm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 19x22, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 21x17, On Level: Main
  • Extra Room: Sunroom, Dimensions: 20x12, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Upper
  • Bedroom 2: Dimensions: 11x15, On Level: Upper
  • Bedroom 3: Dimensions: 14x14, On Level: Upper
  • Bedroom 4: Dimensions: 11x13, On Level: Upper
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle, Dimensional Shingles
  • Outbuilding1: None
  • Fence: Decorative

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 20x28
  • Garage Sq Ft: 560
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 7

Condo/Co-op/Association

  • Association Fees: 175
  • Association Fees Frequency: Annually

Schools

  • School District: Lafayette
  • Elementary School: Glen Acres
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson

Lot Info

  • Lot Description: Corner, Level, Rolling
  • Lot Dimensions: Irr
  • Estimated Lot Sq Ft: 26136
  • Estimated Lot Size Acres: 0.6

Tax Info

  • Annual Taxes: 2067
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jun 27, 2019
Sold by
Challgren Erik P and Challgren Shannon N
Bought by
Beckham Gabriel J and Beckham Lynn J
Seller's Agent
Pamela Whitehead
RE/MAX At The Crossing
Buyer's Agent
Lynn Beckham
Keller Williams Lafayette
List Price
$380,000
Sold Price
$329,000
Premium/Discount to List
-$51,000
-13.42%
Total Days on Market
185
Current Estimated Value
$491,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,681
Avg. Annual Appreciation
6.96%
Original Mortgage
$339,857
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2009
Sold by
Reynolds Sharon E and The Sharon E Reynolds Revocabl
Bought by
Challgren Erik P and Challgren Shannon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2003
Sold by
Reynolds Sharon E
Bought by
Reynolds Sharon E and The Sharon E Reynolds Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Wright Henry H and Wright Charlotte A
Bought by
Reynolds Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Beckham Gabriel J -- Columbia Title Inc
Challgren Erik P -- None Available
Reynolds Sharon E -- --
Reynolds Sharon E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckham Gabriel J $346,110
Closed Beckham Gabriel J $25,000
Closed Beckham Gabriel J $25,000
Closed Beckham Gabriel J $347,808
Closed Beckham Gabriel J $339,857
Previous Owner Chailgren Erik P $229,000
Previous Owner Challgren Erik P $273,946
Previous Owner Reynolds Sharon E $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $329,000 -5.4% $97 / Sq Ft
04/04/2019 04/04/19 Price Changed $347,900 -3.3% $102 / Sq Ft
03/13/2019 03/13/19 Price Changed $359,900 -2.7% $106 / Sq Ft
11/27/2018 11/27/18 Price Changed $369,900 -2.7% $109 / Sq Ft
10/17/2018 10/17/18 For Sale $380,000 -- $112 / 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 $2,293 $371,200 $63,000 $308,200
2023 $2,293 $360,000 $63,000 $297,000
2022 $2,489 $328,500 $63,000 $265,500
2021 $2,469 $314,900 $63,000 $251,900
2020 $2,238 $294,000 $53,700 $240,300
2019 $2,183 $284,200 $53,700 $230,500
2018 $2,220 $282,300 $53,700 $228,600
2017 $2,067 $276,600 $53,700 $222,900
2016 $2,036 $276,300 $53,700 $222,600
2014 $1,996 $268,600 $53,700 $214,900
2013 $2,012 $268,800 $53,700 $215,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201846834

Indiana Regional MLS

APN: 79-07-24-126-012.000-001