NOT LISTED FOR SALE

548 E 1050 S Lafayette, IN 47909

Estimated Value: $108,000 - $602,117

5 Beds
3.5 Baths
3,888 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $500,000 $129 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,821/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Solid Surface Countertops
  • 3 Car Attached Garage
  • McCutcheon High School Rated 9+
  • Covered Patio or Porch
  • Built-in Bookshelves

About This Home

As of February 2022

This 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.

Last Agent to Sell the Property

Carole King

Keller Williams Lafayette Listed on: 01/10/2022

Keller Williams Lafayette

Last Buyer's Agent

Reagan Geswein

Lafayette Listing Realty LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2009
  • Age: 13
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: ROBINSON RIDGE MINOR SD LOT 1
  • Parcel Number ID: 79-15-17-251-001.000-011
  • Platted: Yes
  • Amenities: Built-In Bookcase, Built-in Desk, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Patio Covered, Pocket Doors, Porch Covered, Split Br Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 94.36
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4320
  • Total Finished Sq Ft: 3888
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Finished Sq Ft: 1728
  • Below Grade Sq Ft: 432
  • Price Per Sq Ft: 231.48
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log, Basement, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 16x19, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 40x19, On Level: Basement
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 13x12, On Level: Basement
  • Bedroom 5: Dimensions: 14x12, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2160

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 22x12
  • Fence: Invisible, Pet Fence

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x32
  • Garage Sq Ft: 704
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Propane, Forced Air, Heat Pump, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan
  • Well Type: Unknown

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Mintonye
  • Middle School: Southwestern
  • High School: Mc Cutcheon
  • Elementary School: Mintonye

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 438X200
  • Estimated Lot Sq Ft: 87600
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 2096.1
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

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

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
$471,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,221
Avg. Annual Appreciation
-1.59%
Original Mortgage
$400,000
Outstanding Balance
$373,729
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$98,050

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
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
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 $409,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $3,839 $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

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Map

Source: Indiana Regional MLS

MLS Number: 202200948

Indiana Regional MLS

APN: 79-15-17-251-001.000-011