NOT LISTED FOR SALE

5010 Newcastle Rd Lafayette, IN 47905

Estimated Value: $324,000 - $422,511

2 Acres
$184,814 Price per Acre
87,120 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $47,000

Est. 686% increase in value since last sale

Current estimated payment $2,148/month

22 Days on Market

About This Lot

As of September 2018

A beautiful 2 acre lot located in the quiet countryside but only a few minutes to the conveniences of the city and the interstate. It is on the southeast side of the county in the McCutcheon school district. This is such a great opportunity to build your dream home!

Last Agent to Sell the Property

Shannon Smeltz

eXp Realty, LLC Listed on: 07/10/2018

eXp Realty, LLC

Last Buyer's Agent

Shannon Smeltz

eXp Realty, LLC Listed on: 07/10/2018

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,269

Lot Details

  • 2 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Dayton Elementary School
  • Wainwright Middle School
  • Mc Cutcheon High School

Farming

  • Agricultural

Utilities

  • Propane
  • Well Required
  • Septic System

Community Details

  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 79-12-17-300-004.000-012

Property Details

Property Type

Land

Est. Annual Taxes

$2,269

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Pt SE 1/4 Sec 17 & Pt Richardville Reserve TWP 22N R3W , Sheffield TWP (Lot 2 2.0 acre) |
  • Parcel Number ID: 79-12-17-300-004.000-012
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 98.95
  • Parcel Description: Level, Pasture, Tillable, 0-2.9999
  • Restrictions: Restrictions, SqFt Restrictions, Building Restrictions, Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Agriculture, Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Electric Company: REMC
  • Fuel Type: Electric, Propane
  • Sewer Type: Septic

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Dayton
  • Middle School: Wainwright
  • High School: Mc Cutcheon
  • Elementary School: Dayton

Lot Info

  • Lot Dimensions: 2.0 Acres
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2
  • Easements: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Majestic Custom Homes Lafayett
Bought by
Davis Michael Shane and Davis Nicole Renee
Current Estimated Value
$369,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Outstanding Balance
$237,700
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$131,928

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 14, 2018
Sold by
Black Walnut Farm Inc
Bought by
Majestic Custom Homes Lafayett
Seller's Agent
Shannon Smeltz
eXp Realty, LLC
Buyer's Agent
Shannon Smeltz
eXp Realty, LLC
List Price
$47,500
Sold Price
$47,000
Premium/Discount to List
-$500
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.76%
Original Mortgage
$200,000,000
Interest Rate
3.94%
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
Davis Michael Shane -- None Available
Majestic Custom Homes Lafayett -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Michael Shane $269,800
Previous Owner Majestic Custom Homes Lafayett $200,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $47,000 -1.1% --
08/01/2018 08/01/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $47,500 -- --
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 $2,269 $329,100 $35,100 $294,000
2023 $1,941 $293,600 $35,100 $258,500
2022 $1,881 $258,400 $35,100 $223,300
2021 $1,769 $242,800 $35,100 $207,700
2020 $1,615 $235,000 $35,100 $199,900
2019 $1,627 $237,800 $35,100 $202,700
Source: Public Records

Agents Affiliated with this Home

  • Shannon Smeltz

    Seller's Agent in 2018

    Shannon Smeltz

    eXp Realty, LLC

    (765) 714-8262

    101 Total Sales

    Shannon Smeltz
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Map

Source: Indiana Regional MLS

MLS Number: 201830234

Indiana Regional MLS

APN: 79-12-43-730-025.000-012

Indiana Tippecanoe County Lafayette 47905

5010 Newcastle Rd, Lafayette, IN

This home is located at 5010 Newcastle Rd, Lafayette, IN 47905 since 10 July 2018 and is currently estimated at $369,628. 5010 Newcastle Rd is a home located in Tippecanoe County with nearby schools including Dayton Elementary School, Wainwright 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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