NOT LISTED FOR SALE

7325 N 775 E Lafayette, IN 47905

Estimated Value: $347,000 - $478,000

1.85 Acres
$219,185 Price per Acre
80,586 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $52,000

Est. 680% increase in value since last sale

Current estimated payment $2,668/month

14 Days on Market

About This Lot

As of November 2018

1.85 ACRE PRIVATE LOT Nestled in a scenic rural setting!. On site, there is an existing concrete 3 car garage with a new roof and overhead doors that were just updated in 2017. There are two existing wells on the property. This property is in the TSC School district (Hershey, East Tipp, and Harrison High School), & has both the comfort of the country & the convenience of being close to SR 25, Hoosier Heartland, and minutes from I-65! A rare find!

Last Listed By

Michelle Wagoner

Keller Williams Lafayette Listed on: 10/18/2018

Keller Williams Lafayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $517

Year Built

  • 2022

Lot Details

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

Parking

  • Garage
  • Driveway

Utilities

  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-04-16-401-002.000-027

Property Details

Property Type

Land

Est. Annual Taxes

$517

Year Built

2022

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT LOTS 3 & 4 SEC 16 TWP 24 R3 1.85 A |
  • Parcel Number ID: 79-04-16-401-002.000-027
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 80
  • Parcel Description: Irregular, Partially Wooded, 0-2.9999
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 80586
  • Estimated Lot Size Acres: 1.85
  • Land Features: Garage

Tax Info

  • Annual Taxes: 517.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Terrence Hoefer
Bought by
Hoefer Terrence and Hoefer Toni L
Total Days on Market
14
Current Estimated Value
$405,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$208,558
Interest Rate
4.16%
Mortgage Type
Construction
Estimated Equity
$215,734

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 13, 2018
Sold by
Phillips Jon Paul and Phillips April Renee
Bought by
Hoefer Terrence
Seller's Agent
Michelle Wagoner
Keller Williams Lafayette
Buyer's Agent
Lynn Edgell
@properties
List Price
$65,000
Sold Price
$52,000
Premium/Discount to List
-$13,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.19%

Purchase Details

Closed on
Oct 9, 2009
Sold by
Phillips Jon P and Phillips April R
Bought by
Stockton Jeffrey W and Stockton Mealinda S

Purchase Details

Closed on
Dec 20, 2006
Sold by
Donaldson Pamela Feaster and Phillips Jon Paul
Bought by
Phillips Jon Paul and Phillips April Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.24%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 2006
Sold by
Donaldson Pamela Sue and Donaldson Pamela Feaster
Bought by
Donaldson Pamela Sue and Phillips Jon Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.24%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Hoefer Terrence -- None Listed On Document
Hoefer Terrence -- None Available
Stockton Jeffrey W -- None Available
Phillips Jon Paul -- None Available
Donaldson Pamela Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoefer Terrence $220,000
Previous Owner Phillips Jon Paul $83,200
Previous Owner Donaldson Pamela S $55,164
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $52,000 -20.0% --
11/01/2018 11/01/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $65,000 -- --
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 $5,036 $336,100 $26,600 $309,500
2023 $5,036 $323,000 $26,600 $296,400
2022 $650 $42,800 $26,600 $16,200
2021 $575 $42,800 $26,600 $16,200
2020 $519 $42,800 $26,600 $16,200
2019 $655 $42,800 $26,600 $16,200
2018 $573 $38,500 $21,200 $17,300
2017 $571 $38,400 $21,200 $17,200
2016 $477 $62,800 $21,200 $41,600
2014 $590 $93,000 $21,200 $71,800
2013 $1,460 $94,500 $21,200 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201847055

Indiana Regional MLS

APN: 79-04-16-401-002.000-027