NOT LISTED FOR SALE

5520 S 1075 E Lafayette, IN 47905

Estimated Value: $918,811 - $1,106,000

5 Beds
4 Baths
8,640 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $725,000 $84 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,819/month

135 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Open Floorplan
  • Basketball Court
  • 10.24 Acre Lot
  • Lake, Pond or Stream

About This Home

As of August 2021

Is it a home, a retreat or a little bit of both? One of the most compelling features about this home is the way it makes you feel as soon as you drive up the lane, you cross through trees and enter into a bit of heaven! That feeling then continues as you walk through the door and see the beautiful pecan macchiato hardwood floors, 9 foot ceilings, full view windows to bring the outside in, open concept living space and gorgeous kitchen! The kitchen is a cook’s dream with a Blue Star industrial range with an indoor grill and griddle, double wall ovens, Liebherr refrigerator, Miele steamer oven, Miele warming drawer, ice maker, trash compactor, Bosch dishwasher, brushed metal farm sink and Zen Cabinets. It is a spacious 5 bedroom, 2 full and 2 half bath home with a 5 car garage that includes a workshop and large storage room. It sits on 10 acres and has a 2 acre gorgeous stocked fishing pond with pier. The highlights of this home are many so here goes...gourmet kitchen as mentioned above, with both polished and suede level 3 granite countertops, huge kitchen prep island and seating for barstools and a beverage bar as well as an enormous walk-in pantry . The house also features a large mudroom with built-in cubbies, a yoga/massage room, theater room, weight room and a gym...yep, a gym like a basketball court gym with an open balcony for full view of all the fun activities!! The gym has a stand alone infrared heating system. If you are someone who likes to host events or gather friends you will want to be sure to check it out. Or maybe you are someone that wants the privacy and likes the idea of a get-away type of home, this wonderful place can be for you too! Located in the country but only minutes to the interstate, perfect for commuting families looking for a home-away but close enough to be convenient to town and travel. There are not many people who get to own a home that is also a retreat! Come out and see if this bit of heaven is for you!! New carpet through out.

Last Agent to Sell the Property

Shannon Smeltz

eXp Realty, LLC Listed on: 03/09/2021

eXp Realty, LLC

Last Buyer's Agent

John Townsend

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,804

Year Built

  • Built in 1998

Lot Details

  • 10.24 Acre Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 8,640 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Workshop
  • Utility Room in Garage
  • Washer and Electric Dryer Hookup
  • Water Views
  • Attic Fan

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream
  • Basketball Court
  • Balcony
  • Covered patio or porch
  • Pole Barn

Schools

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

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Generator Hookup
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 79-12-24-400-008.000-012

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock
  • Volleyball Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,804

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1998
  • Age: 23
  • Style: Two Story
  • Architectural Style: Pole Barn
  • Total Number of Rooms: 15
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT SE SEC 24 TWP 22 R3 8.305A & 1.9333 A (10.238 TOTAL ACRES)
  • Parcel Number ID: 79-12-24-400-008.000-012
  • Platted: Yes
  • Amenities: Alarm System-Security, Antenna, Balcony, Bar, Breakfast Bar, Built-In Speaker System, Built-In Home Theatre, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Court-Basketball, Court-Recreational, Court-Volleyball, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Garage Door Opener, Generator Ready, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Gas, Twin Sink Vanity, Utility Sink, Wiring-Security System, Kitchenette, Stand Up Shower, Tub and Separate Shower, Workshop, Formal Dining Room, Garage-Heated, Great Room, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Location: Rural
  • Sp Lp Percent: 91.19
  • Year Taxes Payable: 2020 Payable 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 8640
  • Total Finished Sq Ft: 8640
  • Above Grade Finished Sq Ft: 8640
  • Price Per Sq Ft: 83.91
  • Basement Foundation: Slab
  • Flooring: Hardwood Floors, Carpet, Concrete, Tile
  • Living Great Room: Dimensions: 31x16
  • Kitchen: Dimensions: 21x24
  • Dining Room: Dimensions: 18x16
  • Recreation Room: Dimensions: 14x15, On Level: Main
  • Extra Room: Weight Room, Dimensions: 18x11, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 14x15, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Bedroom 4: Dimensions: 9x13, On Level: Upper
  • Bedroom 5: Dimensions: 12x10, On Level: Upper
  • Other Room1: Indoor gym, Dimensions: 48x59, On Level: Main
  • Other Room 2: Home Theater, Dimensions: 16x22, On Level: Main
  • Other Room 3: Work Shop, Dimensions: 24x19, On Level: Main
  • Loft: Dimensions: 42x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Block, Metal
  • Roof Material: Metal
  • Outbuilding1: None
  • Water Features: Pier/Dock Available

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 48x56
  • Garage Sq Ft: 2688
  • Garage: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Electric, Propane, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Cable Company: DirectTV
  • Hvac: Attic Fan
  • Laundry: Dimensions: Upperx8, On Level: 15
  • Water Type: Pond
  • 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: Irregular, Level, Partially Wooded, Waterfront, 10-14.999, Water View, Wooded
  • Lot Dimensions: 445967 sq ft
  • Estimated Lot Sq Ft: 445967
  • Estimated Lot Size Acres: 10.238

Tax Info

  • Annual Taxes: 4804.28

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 9, 2021
Closed on
Aug 31, 2021
Sold by
Smeltz Robert D and Smeltz Shannon R
Bought by
Grandienard Fredrick C and Grandienard Regan N
Seller's Agent
Shannon Smeltz
eXp Realty, LLC
Buyer's Agent
John Townsend
Trueblood Real Estate
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%
Current Estimated Value
$959,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,172
Avg. Annual Appreciation
6.70%
Original Mortgage
$650,000
Outstanding Balance
$597,063
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$339,455

Purchase Details

Closed on
Nov 1, 2016
Sold by
Smeltz Robert D and Smeltz Shannon R
Bought by
Hooper Billy J and Hooper Tara

Purchase Details

Closed on
Apr 13, 2016
Sold by
Smeltz Robert D and Smeltz Shannon R
Bought by
Stoops Vela M
Source: Public Records

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
Grandienard Fredrick C $725,000 None Available
Hooper Billy J -- --
Stoops Vela M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandlienard Fredrick C $56,000
Open Grandienard Fredrick C $650,000
Previous Owner Smeltz Robert D $423,500
Previous Owner Smeltz Robery D $509,000
Previous Owner Smeltz Shannon R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $725,000 -8.8% $84 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $795,000 0.0% $92 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $795,000 -- $92 / 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 $6,808 $857,000 $62,500 $794,500
2023 $6,081 $787,000 $62,500 $724,500
2022 $6,127 $727,300 $62,500 $664,800
2021 $5,415 $651,800 $62,500 $589,300
2020 $4,804 $610,800 $62,500 $548,300
2019 $4,771 $610,800 $62,500 $548,300
2018 $1,273 $189,900 $62,500 $127,400
2017 $1,371 $200,300 $62,500 $137,800
2016 $1,501 $211,800 $71,100 $140,700
2014 $1,428 $203,800 $71,100 $132,700
2013 $1,496 $203,000 $71,100 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202107422

Indiana Regional MLS

APN: 79-12-24-400-008.000-012