NOT LISTED FOR SALE

5916 Hoover Rd West Lafayette, IN 47906

Estimated Value: $186,667

8 Acres
$22,228 Price per Acre
365,817 Sq Ft Lot

Last Sold October 20, 2017

Last sale price $115,000

Est. 62% increase in value since last sale

Current estimated payment $1,055/month

17 Days on Market

About This Lot

As of October 2017

Have you always wanted to own land that would give you the country living you want, the city convenience you need, be close to Purdue, and have the ability to choose from nearby schools? Here's the 8.4 acres you've been looking for! There's a 20x30 clean chicken coop, 22x40 barn with a hay loft, well, electric, phone, and 2 year old roof! Soil testing has been done on each lot; all lots sold as one property. There's so much to offer here. You could build your dream home, raise animals on a mini-farm, start a business...the opportunities are endless! Schedule your showing today! This place is a rare gem!

Last Listed By

Chad Chism

Keller Williams Lafayette Listed on: 08/23/2017

Keller Williams Lafayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $308

Year Built

  • 1955

Lot Details

  • 8.4 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Schools

  • Otterbein Elementary School
  • Benton Central Middle School
  • Benton Central High School

Farming

  • Barn
  • Livestock Fence
  • Agricultural

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 79-06-05-100-010.000-014

Property Details

Property Type

Land

Est. Annual Taxes

$308

Year Built

1955

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: PT NW SEC 5 TWP 23 R5 2.004 A PT NW SEC 5 TWP 23 R5 0.736 A |
  • Parcel Number ID: 79-06-05-100-010.000-014
  • Platted: Yes
  • Location: Rural
  • Parcel Id2: 790605100011000014
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 100
  • Parcel Description: Partially Wooded, Pasture, Tillable, 6-9.999
  • Parcel Id3: 79-06-05-100-005.000-014
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2017
  • Special Features: None
  • Year Built (Public Record): 1955

Exterior Features

  • Fence: Farm
  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electric Company: REMC
  • Electricity Type: Available
  • Fuel Type: Available

Schools

  • School District: Benton Community
  • Elementary School: Otterbein
  • Middle School: Benton Central
  • High School: Benton Central
  • Elementary School: Otterbein

Lot Info

  • Lot Dimensions: 8.398
  • Estimated Lot Sq Ft: 365817
  • Estimated Lot Size Acres: 8.398
  • Land Features: Barn

Tax Info

  • Annual Taxes: 308

MLS Schools

  • High School: Benton Central
  • Middle School: Benton Central
  • School District: Benton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 20, 2017
Sold by
Arthur J Deleon Trust
Bought by
Mills Thomas B and Mills Donna J
Seller's Agent
Chad Chism
Keller Williams Lafayette
Buyer's Agent
Chad Chism
Keller Williams Lafayette
List Price
$115,000
Sold Price
$115,000
Total Days on Market
17
Current Estimated Value
$186,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,667
Avg. Annual Appreciation
6.78%
Original Mortgage
$132,600
Outstanding Balance
$113,191
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$75,664

Purchase Details

Closed on
Oct 18, 2016
Sold by
Deleon Arthur J and Deleon Theresa A
Bought by
Arthur J Deleon Trust and Theresa A Delon Trust

Range of Values:

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Average Value
Not Available
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
Mills Thomas B -- --
Arthur J Deleon Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Thomas B $132,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $115,000 0.0% --
09/09/2017 09/09/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $115,000 -- --
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 $234 $17,100 $4,300 $12,800
2023 $234 $16,400 $3,500 $12,900
2022 $196 $13,400 $2,800 $10,600
2021 $188 $13,000 $2,400 $10,600
2020 $172 $13,000 $2,400 $10,600
2019 $153 $13,500 $2,900 $10,600
2018 $157 $13,600 $3,000 $10,600
2017 $152 $13,600 $3,400 $10,200
2016 $155 $14,400 $3,600 $10,800
2014 $72 $6,800 $6,800 $0
2013 $66 $5,800 $5,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201739246

Indiana Regional MLS

APN: 79-06-05-100-010.000-014