Seller's Agent in 2023
Sherry Cole
Keller Williams Lafayette
(765) 426-9442
693 Total Sales
7501 Mushroom Ln Lafayette, IN 47905
Estimated Value: $408,000 - $521,046
3
Beds
2
Baths
1,848
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- 17 Acre Lot
- Traditional Architecture
- Wyandotte Elementary School Rated A-
- Heavily Wooded Lot
- Cathedral Ceiling
About This Home
As of October 2023Experience the best of both worlds living in this authentic log cabin on a secluded 17-plus acre but just minutes from Lafayette. The house itself features plenty of open space for entertaining, a nice porch on the front and a screened-in porch in the back, a full basement with plenty of height for finishing and adding lots of living space and value, and a loft area. Included with the property is an additional pole barn with plenty of room for a shop and storage for your boat, ATV, classic car, or other toys. The property itself is a great mixture of tillable acreage, pasture, and woods. Even better, the property produces nearly $12,000 a year in income from a tower lease and the tillable acreage.
Last Listed By
Keller Williams Lafayette Brokerage Phone: 765-426-9442 Listed on: 08/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,032
Year Built
- Built in 1998
Lot Details
- 17 Acre Lot
- Rural Setting
- Wood Fence
- Level Lot
- Heavily Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Log Cabin
- Poured Concrete
- Asphalt Roof
- Wood Siding
- Log Siding
- Cedar
Interior Spaces
- 2-Story Property
- Woodwork
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Home Security System
- Fire and Smoke Detector
Schools
- Hershey Elementary School
- East Tippecanoe Middle School
- William Henry Harrison High School
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Septic System
Additional Features
- Enclosed patio or porch
- Pasture
Listing and Financial Details
- Assessor Parcel Number 79-08-21-200-007.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 23, 2023
Sold by
Werner Thomas D and Werner Nancy L
Bought by
Beck Property Holdings Llc
Seller's Agent
Sherry Cole
Keller Williams Lafayette
Buyer's Agent
John Townsend
Trueblood Real Estate
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Total Days on Market
4
Views
55
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
-$53,238
Avg. Annual Appreciation
-6.50%
Original Mortgage
$495,000
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beck Property Holdings Llc | $495,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Beck Property Holdings Llc | $495,000 | |
| Previous Owner | Jb Towers Llc | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2023 10/23/23 | Sold | $545,000 | -0.9% | $295 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $550,000 | -- | $298 / 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 | $4,519 | $253,700 | $45,700 | $208,000 |
| 2023 | $4,519 | $317,900 | $45,700 | $272,200 |
| 2022 | $2,032 | $268,400 | $42,800 | $225,600 |
| 2021 | $1,985 | $264,100 | $41,200 | $222,900 |
| 2020 | $1,770 | $245,000 | $41,200 | $203,800 |
| 2019 | $1,708 | $237,400 | $43,200 | $194,200 |
| 2018 | $1,648 | $233,500 | $43,600 | $189,900 |
| 2017 | $1,648 | $230,300 | $45,300 | $185,000 |
| 2016 | $1,615 | $227,600 | $46,100 | $181,500 |
| 2014 | $1,487 | $203,100 | $54,800 | $148,300 |
| 2013 | $1,376 | $191,500 | $52,700 | $138,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Cole
-
John Townsend
Buyer's Agent in 2023
John Townsend
Trueblood Real Estate
(765) 250-0050
151 Total Sales
Map
Similar Homes in Lafayette, IN
Source: Indiana Regional MLS
MLS Number: 202328590
APN: 79-08-21-200-007.000-009
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