NOT LISTED FOR SALE

515 Kerber Rd West Lafayette, IN 47906

Estimated Value: $420,721 - $500,000

4 Beds
2 Baths
2,292 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $320,500 $140 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,767/month

57 Days on Market

Highlights

  • Open Floorplan
  • Heavily Wooded Lot
  • Backs to Open Ground
  • Klondike Middle School Rated A-
  • Traditional Architecture
  • Cathedral Ceiling

About This Home

As of November 2019

The price has been reduced to 275,000 because the sellers are dividing their land into two parcels. The current acreage is now 5 acres, which is plenty of room for privacy. There is an additional 4.5 acres that is available for sale at 80,000. Your own private wooded sanctuary on acreage awaits! Four bedrooms, 2 full baths, great room with dining area, large family room and roomy kitchen on 5 acres! Complete privacy with beautiful wooded ravine with a stream flowing by. Cathedral ceilings in the great room add to the spacious feeling. Wood burning stove in living room with attractive brick mantelpiece. No need for window treatments! Living room is full of natural light! Over-sized detached 2-car garage and circular driveway. The neighbors are working on a road maintenance agreement, but there is not one currently in place.

Last Listed By

Meg Howlett

F.C. Tucker/Shook Listed on: 06/24/2019

F.C. Tucker/Shook

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Sloped Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Screened Porch
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Schools

  • Klondike Elementary And Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-05-24-300-002.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1979
  • Age: 40
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW 24-23-6 5 A
  • Parcel Number ID: 79-05-24-300-002.000-015
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-Cathedral, Detector-Smoke, Landscaped, Open Floor Plan, Porch Screened, Range/Oven Hook Up Elec, Tub/Shower Combination
  • Location: Rural
  • Sp Lp Percent: 116.55
  • County Zoning: Unknown
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2292
  • Total Finished Sq Ft: 2292
  • Above Grade Finished Sq Ft: 2292
  • Price Per Sq Ft: 139.83
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Great Room: Dimensions: 21x23, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 16x12, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Cement Board
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Cable Company: AT&T
  • Laundry: Dimensions: Mainx8, On Level: 9
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Slope, 3-5.9999
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 1095
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 16, 2019
Sold by
Howard Richard D and Howard Sharron R P
Bought by
Fraley Gregory S and Fraley Susan M
Seller's Agent
Meg Howlett
F.C. Tucker/Shook
Buyer's Agent
Candace Bluestein
Everything's Right Realty LLC
List Price
$340,000
Sold Price
$320,500
Premium/Discount to List
-$19,500
-5.74%
Total Days on Market
57
Current Estimated Value
$447,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,740
Avg. Annual Appreciation
7.26%
Original Mortgage
$295,450
Outstanding Balance
$263,901
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$208,917

Range of Values:

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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
Fraley Gregory S -- None Available
Fraley Gregory S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraley Gregory S $295,450
Previous Owner Fraley Gregory S $295,450
Previous Owner Howard Richard D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $320,500 +16.5% $140 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $275,000 -19.1% $120 / Sq Ft
06/24/2019 06/24/19 For Sale $340,000 -- $148 / 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 $3,161 $233,000 $53,400 $179,600
2023 $3,161 $224,000 $53,400 $170,600
2022 $2,811 $197,500 $53,400 $144,100
2021 $2,722 $193,600 $53,400 $140,200
2020 $2,701 $189,600 $53,400 $136,200
2019 $1,287 $189,400 $53,400 $136,000
2018 $1,095 $171,700 $39,700 $132,000
2017 $1,083 $168,800 $39,700 $129,100
2016 $1,048 $165,800 $39,700 $126,100
2014 $1,001 $160,900 $39,700 $121,200
2013 $2,423 $166,500 $39,700 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201926400

Indiana Regional MLS

APN: 79-05-24-300-002.000-015