NOT LISTED FOR SALE

514 Lafayette Ave Oolitic, IN 47451

Estimated Value: $50,000 - $170,597

3 Beds
1 Bath
1,374 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $30,000 $22 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $870/month

150 Days on Market

About This Home

As of October 2023

Investment opportunity in the heart of Oolitic on large lot! Home is ready for your vision, already down to the studs in preparation for remodel. Possibility of 1,374 sq. ft. to layout the way you choose. Property being sold "AS-IS. See it today! All data is approximate, buyer to verify.

Last Agent to Sell the Property

Angel Hawkins

Hawkins & Root Real Estate Listed on: 05/20/2023

Last Buyer's Agent

Angel Hawkins

Hawkins & Root Real Estate Listed on: 05/20/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 0.69

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Dollens Elementary School
  • Oolitic Middle School
  • Bedford-North Lawrence High School

Additional Features

  • 0.69 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 47-06-04-425-007.000-011

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 113
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SEC 4 TWP 5 R1W 90 X 80 X 350 CENT PT N 1/2 N 1/2 SE 90 X 230; 90 X 105
  • Parcel Number ID: 47-06-04-425-007.000-011
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75.19
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1374
  • Total Finished Sq Ft: 1374
  • Above Grade Finished Sq Ft: 1374
  • Price Per Sq Ft: 21.83
  • Basement Foundation: Crawl
  • Basement Material: Block, Stone
  • Living Great Room: Dimensions: 20x20, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Water Company: Oolitic Water Works

Schools

  • School District: North Lawrence Community Schools
  • Elementary School: Dollens
  • Middle School: Oolitic
  • High School: Bedford-North Lawrence
  • Elementary School: Dollens

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: .69 ac m/l
  • Estimated Lot Sq Ft: 30056
  • Estimated Lot Size Acres: 0.69

Tax Info

  • Annual Taxes: 1534

MLS Schools

  • High School: Bedford-North Lawrence
  • Middle School: Oolitic
  • School District: North Lawrence Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Oct 27, 2023
Sold by
Weddle Jeremy G and Weddle Amy R
Bought by
Lamping Adam Christopher
Seller's Agent
Angel Hawkins
Hawkins & Root Real Estate
Buyer's Agent
Angel Hawkins
Hawkins & Root Real Estate
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Views
484
Current Estimated Value
$134,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,399
Avg. Annual Appreciation
121.66%

Purchase Details

Closed on
Feb 19, 2020
Sold by
Black Jordan K and Black Kayla M
Bought by
Mcdonald Brothers Llc

Purchase Details

Closed on
May 24, 2018
Sold by
Bedford Bank
Bought by
Black M
Source: Public Records

Range of Values:

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Average Value
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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
Lamping Adam Christopher $30,000 Classic Title Inc
Mcdonald Brothers Llc -- None Available
Black M $32,000 --
Black Jordan K $32,000 Classic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philpott Kayla Jo $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $30,000 -24.8% $22 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $39,900 -- $29 / 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 $1,716 $90,100 $18,800 $71,300
2023 $1,664 $83,200 $18,300 $64,900
2022 $1,534 $76,700 $17,500 $59,200
2021 $1,370 $68,500 $16,000 $52,500
2020 $1,316 $65,800 $15,700 $50,100
2019 $1,272 $63,600 $15,400 $48,200
2018 $1,262 $63,100 $15,400 $47,700
2017 $294 $61,300 $15,400 $45,900
2016 $286 $61,000 $15,100 $45,900
2014 $287 $61,700 $16,800 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202316620

Indiana Regional MLS

APN: 47-06-04-425-007.000-011