RENTED MAR 20, 2025

5140 Stable Dr Lafayette, IN 47905

Estimated Value: $217,000 - $274,000

3 Beds
2 Baths
1,500 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $265,000 $177 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,575/month

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Air
  • Wyandotte Elementary School Rated A
  • 1-Story Property
  • Level Lot

About This Home

As of March 2025

3 Bed 2 Bath 1500 Sq. Ft. Fenced in Yard. So many amenities.

Last Agent to Rent the Property

Nicole Sturm

@properties Listed on: 03/17/2025

@properties

Last Renter's Agent

Nicole Sturm

@properties Listed on: 03/17/2025

@properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 68x125
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wyandotte Elementary School
  • East Tippecanoe Middle School
  • William Henry Harrison High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Saddle Brook / Saddlebrook Subdivision

Listing and Financial Details

  • Security Deposit $1,800
  • Assessor Parcel Number 79-08-30-152-011.000-029

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

8,494 Sq Ft Lot

Parking

2

Rental Info

  • Lease Term: 1 Year
  • Pet Fee: 200
  • Security Deposit: 1800

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 5140 Stable Drive
  • Parcel Number ID: 79-08-30-152-011.000-029
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1500
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Wyandotte

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 68X125
  • Estimated Lot Sq Ft: 8494
  • Estimated Lot Size Acres: 0.195

MLS Schools

  • High School: William Henry Harrison
  • Middle School: East Tippecanoe
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Feb 28, 2025
Sold by
Alakhras Mazen and Murshid Mervat
Bought by
5140 Stable Dr Llc
Seller's Agent
Nicole Sturm
@properties
Buyer's Agent
Nicole Sturm
@properties
Sold Price
$1,800
Views
29
Current Estimated Value
$257,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,497
Avg. Annual Appreciation
-2.88%
Original Mortgage
$159,000
Outstanding Balance
$155,752
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$101,545

Purchase Details

Listed on
Mar 17, 2025
Closed on
Feb 27, 2025
Sold by
Denise M Chamberlain Living Trust and Chamberlain Denise M
Bought by
Alakhras Mazen and Murshid Mervat
Seller's Agent
Nicole Sturm
@properties
Buyer's Agent
Nicole Sturm
@properties
Sold Price
$1,800
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Outstanding Balance
$155,752
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$101,545

Purchase Details

Closed on
Jul 26, 2024
Sold by
Chamberlain Denise M
Bought by
Denise M Chamberlain Living Trust and Chamberlain

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 20, 2014
Sold by
Leon Patrick A and Leon Lindsay M
Bought by
Chamberlain Denise M
Seller's Agent
Christine Clugh Thomas
Raeco Realty
Buyer's Agent
Julie Boyce
Keller Williams Lafayette
List Price
$132,900
Sold Price
$127,000
Premium/Discount to List
-$5,900
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$92,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
Lyons Mikel Todd and Lyons Sharlee A
Bought by
Leon Patrick A and Leon Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,694
Interest Rate
5.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
5140 Stable Dr Llc -- Metropolitan Title
Alakhras Mazen -- Metropolitan Title
Denise M Chamberlain Living Trust -- None Listed On Document
Chamberlain Denise M -- --
Leon Patrick A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alakhras Mazen $159,000
Previous Owner Chamberlain Denise M $92,000
Previous Owner Leon Patrick A $109,694
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Rented $1,800 0.0% --
03/17/2025 03/17/25 For Rent $1,800 0.0% --
02/28/2025 02/28/25 Sold $265,000 -4.8% $177 / Sq Ft View Prior Sale
02/03/2025 02/03/25 Pending -- -- --
02/01/2025 02/01/25 Price Changed $278,500 -2.3% $186 / Sq Ft
01/23/2025 01/23/25 For Sale $285,000 +124.4% $190 / Sq Ft
06/20/2014 06/20/14 Sold $127,000 -4.4% $85 / Sq Ft View Prior Sale
05/05/2014 05/05/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $132,900 -- $89 / 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 $3,048 $219,500 $26,700 $192,800
2023 $2,890 $203,300 $26,700 $176,600
2022 $2,617 $179,600 $26,700 $152,900
2021 $2,330 $159,300 $26,700 $132,600
2020 $2,067 $141,800 $26,700 $115,100
2019 $1,947 $133,500 $26,700 $106,800
2018 $1,801 $126,100 $26,700 $99,400
2017 $1,740 $121,800 $26,700 $95,100
2016 $1,708 $120,500 $26,700 $93,800
2014 $548 $117,900 $26,700 $91,200
2013 $552 $115,100 $26,700 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202508524

Indiana Regional MLS

APN: 79-08-30-152-011.000-009

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