548 E 1050 S Lafayette, IN 47909
Estimated Value: $413,000 - $599,000
5
Beds
3.5
Baths
3,888
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Covered patio or porch
- Built-in Bookshelves
- Solid Surface Countertops
- 3 Car Attached Garage
- Double Vanity
About This Home
As of February 2022This custom built 5 Bedroom Ranch home on a finished basement is located on 2 acres surrounded by farm land making for a beautiful and serene setting. In the kitchen you will find beautiful maple cabinets, stainless steel appliances, and quartz countertops. The basement will make a wonderful retreat with it's large Family Room with built in shelves and cabinets that encase the gorgeous fireplace. In the basement along with 2 bedrooms there is also an office or craft room with a closet so it could also be your 6th bedroom! The walls are insulated with spray foam as is the ceiling in the basement for a sound barrier. If you have pets you will be happy to know there is an invisible fence to keep your animals safe.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,096
Year Built
- Built in 2009
Lot Details
- 2 Acre Lot
- Lot Dimensions are 438x200
- Rural Setting
- Property has an invisible fence for dogs
- Level Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Built-in Bookshelves
- Built-In Features
- Ceiling height of 9 feet or more
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Gas Log Fireplace
- Pocket Doors
- Fire and Smoke Detector
Kitchen
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
- Double Vanity
- Bathtub With Separate Shower Stall
Laundry
- Laundry on main level
- Electric Dryer Hookup
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Fireplace in Basement
- 1 Bathroom in Basement
- 2 Bedrooms in Basement
Outdoor Features
- Covered patio or porch
Schools
- Mintonye Elementary School
- Southwestern Middle School
- Mc Cutcheon High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Powered By Owned Propane
- Propane
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 79-15-17-251-001.000-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2022
Closed on
Feb 28, 2022
Sold by
Gaekle Christopher E
Bought by
Jones Tyler and Jones Jordan
Seller's Agent
Carole King
Keller Williams Lafayette
Buyer's Agent
Reagan Geswein
Lafayette Listing Realty LLC
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,066
Avg. Annual Appreciation
5.07%
Original Mortgage
$400,000
Outstanding Balance
$377,048
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$211,857
Purchase Details
Listed on
Apr 28, 2020
Closed on
Jun 18, 2020
Sold by
Milsaps Scott and Milsaps Jessica
Bought by
Gaekle Christopher E and Gaekle Amy J
Seller's Agent
Stacy Grove
@properties
Buyer's Agent
Carole King
Keller Williams Lafayette
List Price
$405,000
Sold Price
$400,000
Premium/Discount to List
-$5,000
-1.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$409,200
Interest Rate
3.2%
Mortgage Type
VA
Purchase Details
Closed on
Feb 2, 2007
Sold by
Robinson Dustin
Bought by
Milsaps Scott and Milsaps Jessica
Similar Homes in Lafayette, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Tyler | -- | Spigle John E | |
| Gaekle Christopher E | -- | Columbia Title | |
| Milsaps Scott | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Tyler | $400,000 | |
| Previous Owner | Gaekle Christopher E | $410,902 | |
| Previous Owner | Gaekle Christopher E | $409,200 | |
| Previous Owner | Milsaps Scott | $157,550 | |
| Previous Owner | Milsaps Scott | $156,700 | |
| Previous Owner | Milsaps Scott | $163,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $500,000 | -5.6% | $129 / Sq Ft |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | Price Changed | $529,900 | -3.6% | $136 / Sq Ft |
| 01/10/2022 01/10/22 | For Sale | $549,900 | +37.5% | $141 / Sq Ft |
| 06/18/2020 06/18/20 | Sold | $400,000 | -1.2% | $93 / Sq Ft |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 04/28/2020 04/28/20 | For Sale | $405,000 | -- | $94 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,578 | $506,500 | $44,000 | $462,500 |
| 2023 | $3,578 | $477,700 | $44,000 | $433,700 |
| 2022 | $3,448 | $421,300 | $44,000 | $377,300 |
| 2021 | $3,026 | $373,800 | $44,000 | $329,800 |
| 2020 | $2,096 | $282,600 | $44,000 | $238,600 |
| 2019 | $1,967 | $272,400 | $44,000 | $228,400 |
| 2018 | $1,809 | $258,300 | $44,000 | $214,300 |
| 2017 | $1,784 | $254,200 | $44,000 | $210,200 |
| 2016 | $1,721 | $250,900 | $44,000 | $206,900 |
| 2014 | $1,584 | $236,600 | $44,000 | $192,600 |
| 2013 | $1,633 | $232,700 | $44,000 | $188,700 |
Source: Public Records
Agents Affiliated with this Home
-
Carole King
Seller's Agent in 2022
Carole King
Keller Williams Lafayette
(765) 427-0641
346 Total Sales
-
Reagan Geswein
Buyer's Agent in 2022
Reagan Geswein
Lafayette Listing Realty LLC
(765) 607-1684
251 Total Sales
-
Stacy Grove
Seller's Agent in 2020
Stacy Grove
@properties
(765) 427-7000
303 Total Sales
-
Brian Russell
Seller Co-Listing Agent in 2020
Brian Russell
@properties
(765) 464-4494
101 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202200948
APN: 79-15-17-251-001.000-011
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