NOT LISTED FOR SALE

5140 S 1075 E Lafayette, IN 47905

Estimated Value: $667,392 - $855,000

4 Beds
4 Baths
3,141 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $482,500 $154 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,354/month

188 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 1 Fireplace
  • McCutcheon High School Rated 9+
  • Partially Wooded Lot
  • 2 Car Attached Garage

About This Home

As of June 2017

Welcome home to this bright and open country retreat! This spacious, 4BR/4BA home on nearly 5 acres features an in-ground pool with large concrete patio and spa. Gourmet kitchen features stainless steel appliances and breakfast bar. 60x72 heated pole barn features a 1720 SF flex space for an office or in-law suite with kitchen, full bathroom and laundry facilities; 1/2 Bath and (2) 10' OHD & 14' OHD. Property also features a 40x60 livestock barn, 15x20 pool house with parking, 60KVA generator and 400A service to barns.

Last Agent to Sell the Property

Nate Gustus

Keller Williams Commercial Listed on: 10/25/2016

Keller Williams Commercial

Last Buyer's Agent

LAF NonMember

NonMember LAF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 2005

Lot Details

  • 4.89 Acre Lot
  • Lot Dimensions are 341x626
  • Rural Setting
  • Property is Fully Fenced
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Partially Finished Basement
  • Block Basement Construction
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 79-12-24-200-007.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,719

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT W NE SEC 24 TWP 22 R3 4.8898 A
  • Parcel Number ID: 79-12-24-200-007.000-012
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Garage Door Opener, Guest Quarters, Main Level Bedroom Suite
  • Location: Rural
  • Special Features: None

Interior Features

  • Total Sq Ft: 4141
  • Total Finished Sq Ft: 3141
  • Above Grade Finished Sq Ft: 3141
  • Below Grade Sq Ft: 1000
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Breakfast Room: Dimensions: 13x8, On Level: Main
  • Family Room: Dimensions: 20x17, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Bedroom 4: Dimensions: 20x20, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1000

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 72x60
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Full
  • Outbuilding2: Pole/Post Building, Dimensions: 60x40, 2400

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Unknown

Lot Info

  • Lot Description: Partially Wooded, 3-5.9999
  • Lot Dimensions: 341x626
  • Estimated Lot Sq Ft: 213008
  • Estimated Lot Size Acres: 4.89

Tax Info

  • Annual Taxes: 2719
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jun 9, 2017
Sold by
Gustus Mark D and Gustus Karmin R
Bought by
Petschow Bryon W and Petschow Linda M
Seller's Agent
Nate Gustus
Keller Williams Commercial
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$499,000
Sold Price
$482,500
Premium/Discount to List
-$16,500
-3.31%
Current Estimated Value
$760,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,297
Avg. Annual Appreciation
5.58%
Original Mortgage
$361,875
Outstanding Balance
$301,005
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$459,792

Purchase Details

Closed on
Feb 28, 2006
Sold by
Leuck Terri J and Thompson David A
Bought by
Gustus Mark D and Gustus Karmin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2005
Sold by
Leuck Terri J and Thompson David A
Bought by
Leuck Terri J and Thompson David A
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
Petschow Bryon W -- Columbia Title
Gustus Mark D -- Poelstra Title Company
Leuck Terri J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petschow Bryon W $361,875
Previous Owner Gustus Mark D $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $482,500 -3.3% $154 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $499,000 -- $159 / 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 $4,460 $539,000 $38,200 $500,800
2023 $4,355 $512,600 $38,200 $474,400
2022 $4,014 $443,300 $38,200 $405,100
2021 $3,696 $404,000 $38,200 $365,800
2020 $3,297 $373,700 $38,200 $335,500
2019 $3,257 $365,700 $38,200 $327,500
2018 $2,992 $346,200 $31,200 $315,000
2017 $2,981 $341,200 $31,200 $310,000
2016 $3,095 $355,700 $31,200 $324,500
2014 $2,773 $319,400 $31,200 $288,200
2013 $3,002 $324,000 $31,200 $292,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nate Gustus

    Keller Williams Commercial

    (317) 522-8608

    31 Total Sales

    Nate Gustus
    Section Image

  • L

    Buyer's Agent in 2017

    LAF NonMember

    NonMember LAF

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201649249

Indiana Regional MLS

APN: 79-12-24-200-007.000-012

Indiana Tippecanoe County Lafayette 47905

5140 S 1075 E, Lafayette, IN

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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