NOT LISTED FOR SALE

5165 Downey Ln La Fayette, IN 47905

Estimated Value: $698,000 - $706,010

3 Beds
2.5 Baths
3,774 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $690,000 $183 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,021/month

191 Days on Market

Highlights

  • Primary Bedroom Suite
  • 19.83 Acre Lot
  • Ranch Style House
  • McCutcheon High School Rated 9+
  • Living Room with Fireplace
  • Partially Wooded Lot

About This Home

As of October 2024

OPEN HOUSE SUNDAY 5/19 1pm-3pm. Welcome to your dreams! 5165 Downey Lane has everything you would need to create the memories and rewards from owning your own mini farm. The 19+ acres is just the start. This one owner meticulously maintained and updated ranch country home has over 3,770 finished square feet, 3 bedrooms, 2.5 bathrooms, office space, stamped concrete patio, beautiful kitchen, and a finished basement with even more finishable sq ft available! The "farm" was once home to over 22 horses! There are 2 barns on this property. The livestock barn has 4 stalls, 2 more stalls with outside runs, a washroom, tack room, feed room, hay storage and more room for equipment storage. The shop barn has loads of room for tools. Part of the acreage has been used yearly for income producing hay production and much of the property is fenced in for pasture. There are also 8 acres of woods on this property which is where the owner harvested all of the trophy mature bucks displayed in the home! There are no restrictions on this property so if horses aren't your thing, you can bring your cows, goats, chickens, sheep, etc. As a major added value to this estate, per Tipp. Co. Area Plan, this property can have 10 acres parceled off to sell to friends/family if the buyer would choose.

Last Agent to Sell the Property

Reagan Geswein

Lafayette Listing Realty LLC Listed on: 03/04/2024

Co-Listed By

Dustin Robinson

Lafayette Listing Realty LLC

Last Buyer's Agent

Reagan Geswein

Lafayette Listing Realty LLC Listed on: 03/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1981

Lot Details

  • 19.83 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Dayton Elementary School
  • Wainwright Middle School
  • Mc Cutcheon High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 79-12-47-780-023.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1981
  • Age: 43
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT RICH RES TWP 22 R3& PT RICH RES TWP 22 R3 8.57 A& PT RICH RES TWP 22 R3 8.755 A
  • Parcel Number ID: 79-12-47-780-023.000-012
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Pocket Doors, Porch Open, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite, Custom Cabinetry
  • Sp Lp Percent: 98.59
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4094
  • Total Finished Sq Ft: 3774
  • Above Grade Finished Sq Ft: 2207
  • Below Grade Finished Sq Ft: 1567
  • Below Grade Sq Ft: 320
  • Price Per Sq Ft: 312.64
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Wood Burning, Basement, Wood Burning Stove
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 20x13, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: Dimensions: 16x13, On Level: Main
  • Den: Dimensions: 12x10, On Level: Main
  • Recreation Room: Dimensions: 17x13, On Level: Basement
  • Extra Room: Dimensions: 13x7, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1887

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Barn, Dimensions: 39x49
  • Outbuilding2: Pole/Post Building, Dimensions: 30x32, 960

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x22
  • Garage Sq Ft: 462
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Baseboard, Forced Air, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Dayton
  • Middle School: Wainwright
  • High School: Mc Cutcheon
  • Elementary School: Dayton

Lot Info

  • Lot Description: Partially Wooded, 15+, Pasture
  • Estimated Lot Sq Ft: 863577
  • Estimated Lot Size Acres: 19.825

Tax Info

  • Annual Taxes: 2091.84

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Wainwright
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Oct 3, 2024
Sold by
Nydegger Larry W and Nydegger Florence E
Bought by
Hartmann Herbert and Hartmann Donna S
Seller's Agent
Reagan Geswein
Lafayette Listing Realty LLC
Buyer's Agent
Reagan Geswein
Lafayette Listing Realty LLC
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Views
156
Current Estimated Value
$702,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,253
Avg. Annual Appreciation
1.85%
Original Mortgage
$279,800
Outstanding Balance
$276,919
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$425,334
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
Hartmann Herbert -- Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartmann Herbert $279,800
Previous Owner Nydegger Larry W $50,000
Previous Owner Nydegger Larry W $50,000
Previous Owner Nydegger Larry W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $690,000 -1.4% $183 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $699,900 0.0% $185 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $699,900 -5.8% $185 / Sq Ft
03/04/2024 03/04/24 For Sale $742,900 -- $197 / 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 $3,743 $455,200 $62,200 $393,000
2023 $2,654 $326,800 $57,700 $269,100
2022 $2,092 $242,100 $52,900 $189,200
2021 $1,981 $229,600 $50,300 $179,300
2020 $1,900 $229,600 $50,300 $179,300
2019 $1,942 $233,000 $53,700 $179,300
2018 $1,916 $234,100 $54,200 $179,900
2017 $1,646 $213,300 $51,400 $161,900
2016 $1,694 $219,600 $52,600 $167,000
2014 $1,682 $217,800 $53,600 $164,200
2013 $1,672 $213,100 $50,300 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202406962

Indiana Regional MLS

APN: 79-12-47-780-023.000-012