Seller's Agent in 2021
Don Stocks
Nexus Realty Group
(765) 418-5901
55 Total Sales
5606 S 500 E Lafayette, IN 47909
Estimated Value: $290,000 - $380,000
4
Beds
1.5
Baths
3,076
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- RV Parking in Community
- Traditional Architecture
- Stone Countertops
- McCutcheon High School Rated 9+
- Wood Flooring
- 3 Car Detached Garage
About This Home
As of January 2021Have you been dreaming of your own private mini farm just five minutes from Lafayette? These are hard to find, but you’ve found it! This classic 4 BR 1.5 BA home has tons of potential situated on 2 acres surrounded by farmland just south of Lafayette only five minutes to Subaru and town. An enormous 40 x 28 oversized 3 car garage and workshop includes an entire upper level for additional storage. The 40 x 30 barn provides additional room for hobbies. The raised bed gardens and mature fruit trees (apple, pear, cherry, plumb), elderberry and raspberries will provide a harvest every year! The chickens come with the property if you can corral them into the pen. Don’t miss this mini farm opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $869
Year Built
- Built in 1930
Lot Details
- 2.02 Acre Lot
- Lot Dimensions are 2967x296
- Rural Setting
- Partially Fenced Property
- Level Lot
Parking
- 3 Car Detached Garage
- Dirt Driveway
Home Design
- Traditional Architecture
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
- Partially Finished Basement
- Block Basement Construction
- Electric Dryer Hookup
Kitchen
- Gas Oven or Range
- Stone Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Separate Shower
Schools
- Woodland Elementary School
- Wea Ridge Middle School
- Mc Cutcheon High School
Utilities
- Central Air
- Heating System Powered By Leased Propane
- Private Company Owned Well
- Well
- Septic System
Community Details
- RV Parking in Community
Listing and Financial Details
- Assessor Parcel Number 79-11-24-400-005.000-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2020
Closed on
Jan 8, 2021
Sold by
Murphy Timothy Patrick and Murphy Jessica
Bought by
Decolin Jose Jesus Mirand and Miranda Maribel
Seller's Agent
Don Stocks
Nexus Realty Group
Buyer's Agent
Lynn Edgell
@properties
List Price
$195,000
Sold Price
$198,000
Premium/Discount to List
$3,000
1.54%
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
$149,495
Avg. Annual Appreciation
10.80%
Original Mortgage
$178,200
Outstanding Balance
$159,044
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$172,952
Purchase Details
Listed on
Dec 14, 2016
Closed on
Mar 24, 2017
Sold by
Knowles Ronald G and Knowles Lynne A
Bought by
Murphy Timothy Patrick and Desposito Jessica
Seller's Agent
Michael Sims
Redlow Group
Buyer's Agent
Don Stocks
Nexus Realty Group
List Price
$199,900
Sold Price
$174,000
Premium/Discount to List
-$25,900
-12.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$170,848
Interest Rate
3.87%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Decolin Jose Jesus Mirand | -- | None Listed On Document | |
| Dejesus Jose | -- | None Available | |
| Murphy Timothy Patrick | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dejesus Jose | $178,200 | |
| Closed | Decolin Jose Jesus Mirand | $178,200 | |
| Previous Owner | Murphy Timothy Patrick | $170,848 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2021 01/08/21 | Sold | $198,000 | +1.5% | $64 / Sq Ft | |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- | |
| 12/05/2020 12/05/20 | For Sale | $195,000 | 0.0% | $63 / Sq Ft | |
| 12/05/2020 12/05/20 | Price Changed | $195,000 | -2.5% | $63 / Sq Ft | |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- | |
| 10/23/2020 10/23/20 | For Sale | $199,900 | +14.9% | $65 / Sq Ft | |
| 03/24/2017 03/24/17 | Sold | $174,000 | -13.0% | $73 / Sq Ft | View Prior Sale |
| 03/15/2017 03/15/17 | Pending | -- | -- | -- | |
| 12/14/2016 12/14/16 | For Sale | $199,900 | -- | $84 / 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 | $3,001 | $193,300 | $27,900 | $165,400 |
| 2023 | $2,916 | $183,100 | $27,900 | $155,200 |
| 2022 | $2,430 | $160,500 | $27,900 | $132,600 |
| 2021 | $1,023 | $151,500 | $27,900 | $123,600 |
| 2020 | $953 | $142,400 | $27,900 | $114,500 |
| 2019 | $869 | $138,000 | $27,900 | $110,100 |
| 2018 | $820 | $133,400 | $27,900 | $105,500 |
| 2017 | $791 | $129,200 | $27,900 | $101,300 |
| 2016 | $772 | $128,700 | $27,900 | $100,800 |
| 2014 | $716 | $124,500 | $27,900 | $96,600 |
| 2013 | $620 | $116,600 | $27,900 | $88,700 |
Source: Public Records
Agents Affiliated with this Home
-
Don Stocks
-
Lynn Edgell
L
Buyer's Agent in 2021
Lynn Edgell
@properties
(765) 426-6246
184 Total Sales
-
Michael Sims
Seller's Agent in 2017
Michael Sims
Redlow Group
(765) 404-9996
192 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202042956
APN: 79-11-24-400-005.000-030
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