503 N 5th St Lafayette, IN 47901
Centennial Neighborhood
2
Beds
2.5
Baths
1,585
Sq Ft
$124/mo
HOA Fee
Highlights
- Traditional Architecture
- Tile Flooring
- Property is Fully Fenced
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- 2-minute walk to Centennial Park
About This Home
As of February 2024Welcome to the epitome of luxurious urban living at the Centennial Townhome, now available for those seeking the perfect blend of elegance and convenience in downtown Lafayette. This exquisite 2-story home, constructed in 2014, boasts an abundance of natural light that illuminates the floating bamboo flooring throughout. The ventless double-sided gas log fireplace creates a warm and inviting atmosphere, complementing the formal dining room adorned with tray ceilings. The beautiful open kitchen is a culinary dream, featuring quartz countertops, a functional island, tile backsplash, and ceramic tile floors. The main floor also hosts a convenient half bath and a laundry room just off the kitchen. Ascend the staircase to discover two generously sized bedroom en-suites, each with walk-in closets. The owner's suite bathroom is a spa-like retreat, showcasing a jetted tub and a separate shower with double shower heads. Enjoy the outdoors in the fenced-in backyard with a spacious concrete patio, and parking is a breeze with a 2-car detached garage. Perfectly situated in the heart of downtown, this residence is just steps away from Main Street shopping, dining, and local events. Don't miss the opportunity to make this your dream home—schedule a viewing today!
Last Buyer's Agent
Mark Pearl
BerkshireHathaway HS IN Realty
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,870
Year Built
- Built in 2014
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 20x132
- Property is Fully Fenced
- Privacy Fence
- Vinyl Fence
HOA Fees
- $124 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 1,585 Sq Ft Home
- Ventless Fireplace
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Tile Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Murdock Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 79-07-20-431-008.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2023
Closed on
Feb 2, 2024
Sold by
Hesselink Joshua D
Bought by
Mattice Brooks A and Mattice Jennifer R
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Mark Pearl
BerkshireHathaway HS IN Realty
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Total Days on Market
34
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,272
Avg. Annual Appreciation
-0.30%
Original Mortgage
$195,000
Outstanding Balance
$192,496
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$136,232
Purchase Details
Listed on
Dec 6, 2021
Closed on
Jan 5, 2022
Sold by
Maria Teresa A Choudhary Living Trust
Bought by
Hesselinkp Joshua D
Seller's Agent
Rebecca Gibson
Raeco Realty
Buyer's Agent
Cathy Russell
@properties
List Price
$265,000
Sold Price
$265,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$251,750
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2015
Sold by
Choudhary Maria Teresa A
Bought by
Choudhary Trsut
Purchase Details
Closed on
Dec 17, 2015
Sold by
900 Place Llc
Bought by
Choudhary Maria Teresa A
Purchase Details
Closed on
Dec 16, 2015
Sold by
City Of Lafayette
Bought by
900 Place Llc
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Metropolitan Title | |
| Deed | -- | Metropolitan Title | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | New Conventional | |
| Previous Owner | $251,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2024 02/02/24 | Sold | $330,000 | -5.7% | $208 / Sq Ft |
| 01/09/2024 01/09/24 | Pending | -- | -- | -- |
| 01/05/2024 01/05/24 | Price Changed | $349,900 | -2.8% | $221 / Sq Ft |
| 12/06/2023 12/06/23 | For Sale | $360,000 | +35.8% | $227 / Sq Ft |
| 01/07/2022 01/07/22 | Sold | $265,000 | 0.0% | $167 / Sq Ft |
| 12/06/2021 12/06/21 | For Sale | $265,000 | -- | $167 / Sq Ft |
Source: Indiana Regional MLS
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 | $2,034 | $213,300 | $23,700 | $189,600 |
| 2023 | $2,034 | $206,500 | $23,700 | $182,800 |
| 2022 | $1,870 | $187,000 | $23,700 | $163,300 |
| 2021 | $3,598 | $179,900 | $23,700 | $156,200 |
| 2020 | $3,498 | $174,900 | $23,700 | $151,200 |
| 2019 | $3,406 | $170,300 | $23,700 | $146,600 |
| 2018 | $3,332 | $166,600 | $23,700 | $142,900 |
| 2017 | $3,350 | $167,500 | $23,700 | $143,800 |
| 2016 | $3,264 | $163,200 | $23,700 | $139,500 |
Source: Public Records
About the Listing Agent
Energy, enthusiasm, and experience combine to make Cathy Russell the number one agent in the Lafayette area! In 2015, she earned the spot as the number one agent in the Lafayette Regional Association of Realtors by successfully closing more than 225 properties for more than $35M in sales volume in her 42nd year in the business.
Cathy began her Real Estate career in 1974 after graduating from Purdue University in home planning and working in the building industry. After raising her three
Cathy's Other Listings
Source: Indiana Regional MLS
MLS Number: 202343863
APN: 79-07-20-431-008.000-004
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