Seller's Agent in 2025
Stephanie McKinley
Raeco Realty
(317) 473-2717
61 Total Sales
5030 Downey Ln Lafayette, IN 47905
3
Beds
1.5
Baths
1,333
Sq Ft
1.25
Acres
Highlights
- Primary Bedroom Suite
- Ranch Style House
- Covered Patio or Porch
- McCutcheon High School Rated 9+
- Wood Flooring
- Workshop
About This Home
As of January 2025Prime location for the ever expanding Lafayette's south side! This 1.25 acre property needs some TLC, but with some sweat equity, you can bring this home back to life. Three bedrooms, 1.5 bath with a full unfinished basement is ready for new owners. There are two outbuildings (one with 220 amp service and three bays!), so you have a lot of room to roam and expand. The home has hardwood floors throughout, ample cabinet and counter space in the eat-in kitchen, a cozy wood burning stove in the living room, and a beautiful bay window in the front family room. The unfinished basement has a bar for entertaining and a sink with extra counter and cabinet space in the laundry room area. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,063
Year Built
- Built in 1964
Lot Details
- 1.25 Acre Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Off-Street Parking
Home Design
- Ranch Style House
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- Bar
- Woodwork
- Living Room with Fireplace
- Workshop
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Separate Shower
Schools
- Dayton Elementary School
- Wainwright Middle School
- Mc Cutcheon High School
Utilities
- Forced Air Heating and Cooling System
- Private Company Owned Well
- Well
- Septic System
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 79-12-47-780-016.000-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Jan 8, 2025
Sold by
Martin Perry J
Bought by
Johnson Charles F and Johnson Teresa L
Seller's Agent
Stephanie McKinley
Raeco Realty
Buyer's Agent
Mark Studebaker
Trueblood Real Estate
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Views
90
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
$4,871
Avg. Annual Appreciation
2.57%
Original Mortgage
$187,500
Outstanding Balance
$187,019
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$67,456
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $250,000 | -9.1% | $188 / Sq Ft |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 12/02/2024 12/02/24 | Price Changed | $275,000 | -8.0% | $206 / Sq Ft |
| 11/18/2024 11/18/24 | For Sale | $299,000 | -- | $224 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,117 | $172,300 | $30,800 | $141,500 |
| 2023 | $1,064 | $165,300 | $30,800 | $134,500 |
| 2022 | $984 | $144,700 | $30,800 | $113,900 |
| 2021 | $937 | $138,700 | $30,800 | $107,900 |
| 2020 | $860 | $134,400 | $30,800 | $103,600 |
| 2019 | $856 | $134,400 | $30,800 | $103,600 |
| 2018 | $853 | $135,500 | $30,800 | $104,700 |
| 2017 | $959 | $150,400 | $30,800 | $119,600 |
| 2016 | $934 | $148,835 | $30,800 | $118,035 |
| 2014 | $844 | $140,300 | $30,800 | $109,500 |
| 2013 | $777 | $127,300 | $30,800 | $96,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie McKinley
-
Josh Shives
Seller Co-Listing Agent in 2025
Josh Shives
Raeco Realty
(765) 404-9900
102 Total Sales
-
Mark Studebaker
Buyer's Agent in 2025
Mark Studebaker
Trueblood Real Estate
(317) 716-3087
295 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202444535
APN: 79-12-47-780-016.000-012
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