NOT LISTED FOR SALE

56 N 775 E Lafayette, IN 47905

Estimated Value: $220,000 - $399,000

3 Beds
1 Bath
1,848 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $140,000 $76 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,697/month

7 Days on Market

Highlights

  • Corner Lot
  • Wyandotte Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Excellent opportunity to own a unique dual purpose property in a great location. This home can be perfect for an at home business, storage on site, or rent out the house and separate building for a great investment property.

Last Agent to Sell the Property

Jay Benner

Epique Inc. Listed on: 07/13/2020

Last Buyer's Agent

Jay Benner

Epique Inc. Listed on: 07/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1927

Lot Details

  • 1.82 Acre Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Cellar

Schools

  • Hershey Elementary School
  • East Tippecanoe Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-08-21-400-027.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1927
  • Age: 93
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT W SE SEC 21 TWP 23 R3 1.82A
  • Parcel Number ID: 79-08-21-400-027.000-009
  • Platted: Yes
  • Sp Lp Percent: 93.4
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2380
  • Total Finished Sq Ft: 1848
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Sq Ft: 532
  • Price Per Sq Ft: 75.76
  • Basement: Yes
  • Basement Foundation: Cellar, Outside Entrance, Partial Basement
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Loft: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 532

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 61x41

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Well Type: Unknown

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Hershey
  • Middle School: East Tippecanoe
  • High School: William Henry Harrison
  • Elementary School: Hershey

Lot Info

  • Lot Description: Corner, Flood Plain, 0-2.9999
  • Lot Dimensions: 1.82A
  • Estimated Lot Sq Ft: 79279
  • Estimated Lot Size Acres: 1.82

Tax Info

  • Annual Taxes: 1742

MLS Schools

  • High School: William Henry Harrison
  • Middle School: East Tippecanoe
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 28, 2020
Sold by
Bruinsma Maurice L and Bruinsma June A
Bought by
Bechner Harold J A
Seller's Agent
Jay Benner
Epique Inc.
Buyer's Agent
Jay Benner
Epique Inc.
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$268,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,825
Avg. Annual Appreciation
12.62%
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 Buyer Sale Price Title Company
Bechner Harold J A -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruinsma Maurice L $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $140,000 -6.6% $76 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $149,900 -- $81 / 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 $2,402 $179,400 $28,100 $151,300
2023 $2,402 $169,000 $28,100 $140,900
2022 $2,148 $147,400 $28,100 $119,300
2021 $2,026 $138,500 $28,100 $110,400
2020 $1,880 $129,500 $28,100 $101,400
2019 $1,741 $119,900 $28,100 $91,800
2018 $1,642 $115,500 $28,100 $87,400
2017 $1,535 $108,000 $28,100 $79,900
2016 $1,503 $106,400 $28,100 $78,300
2014 $1,467 $104,600 $28,100 $76,500
2013 $1,581 $106,900 $28,100 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Jay Benner

    Seller's Agent in 2020

    Jay Benner

    Epique Inc.

    (765) 426-8884

    96 Total Sales

    Jay Benner
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202026978

Indiana Regional MLS

APN: 79-08-21-400-027.000-009

Indiana Tippecanoe County Lafayette 47905

56 N 775 E, Lafayette, IN

This home is located at 56 N 775 E, Lafayette, IN 47905 since 13 July 2020 and is currently estimated at $268,825, approximately $145 per square foot. This property was built in 1927. 56 N 775 E is a home located in Tippecanoe County with nearby schools including Wyandotte Elementary School, East Tipp Middle School, and William Henry Harrison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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