$400,000
SOLD JUN 18, 2020

548 E 1050 S Lafayette, IN 47909

5 Beds
3.5 Baths
4,320 Sq Ft
2 Acres

Recently Sold

$93 Per Sq Ft

1% Below List Price

35 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

As of February 2022

One-owner ranch home on full finished basement. Tons of built-ins, home office and oversized garage. Great 2 acre lot in rural setting with a short drive to town!

Last Agent to Sell the Property

Stacy Grove

@properties Listed on: 04/28/2020

@properties

Co-Listed By

Brian Russell

@properties

Last Buyer's Agent

Carole King

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 2009

Lot Details

  • 2 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned A1, AW

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

  • Mintonye Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • 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

$1,809

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2009
  • Age: 11
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • 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
  • Number Below Grade Bedrooms: 2
  • Parcel Id2: 791517251001000011
  • Sp Lp Percent: 98.77
  • Zoning Description: AW
  • County Zoning: A1
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4320
  • Total Finished Sq Ft: 4320
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Finished Sq Ft: 2160
  • Price Per Sq Ft: 185.19
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Living Great Room: Dimensions: 16x19, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Breakfast Room: Dimensions: 13x15, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 40x19, On Level: Basement
  • Extra Room: Office, Dimensions: 13x11, On Level: Lower
  • 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
  • Outbuilding1: Shed, Dimensions: 12x22

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 7
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 2acre
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2
  • Lot Number: 1

Tax Info

  • Annual Taxes: 1809
  • Total Assessed Value: 258300

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
$540,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,603
Avg. Annual Appreciation
2.22%
Original Mortgage
$400,000
Outstanding Balance
$377,048
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$162,018

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

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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 Type Sale Price Title Company
Warranty Deed -- Spigle John E
Warranty Deed -- Columbia Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $410,902 VA
Previous Owner $409,200 VA
Previous Owner $157,550 New Conventional
Previous Owner $156,700 New Conventional
Previous Owner $163,000 Unknown
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

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: 202015231

Indiana Regional MLS

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