NOT LISTED FOR SALE

7602 S 350 E Lafayette, IN 47909

Estimated Value: $472,000 - $635,000

5 Beds
2.5 Baths
3,916 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $405,000 $103 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,021/month

3 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Partially Wooded Lot
  • Whirlpool Bathtub
  • McCutcheon High School Rated 9+
  • Wood Flooring
  • Great Room

About This Home

As of July 2022

Spacious and beautiful home on breathtaking 2+acre lot with mature majestic trees that offer privacy and peace. This lovely home offers 5 bedrooms 2.5 baths, large kitchen with custom cabinets and granite counter tops and all appliances stay. One year home warranty is offered by Seller (to be ordered by seller). Home has 2 furnaces and 2 a/c units, a 55 gallon commercial grade water softener. Property has some flood plain in back of property but isn't where the home is placed and no flood plain insurance is required. This home also has multiple layers of deck and a huge garage. 2nd garage is also attached

Last Agent to Sell the Property

Shannon Smeltz

eXp Realty, LLC Listed on: 05/20/2022

eXp Realty, LLC

Last Buyer's Agent

Rebecca Rush

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1963

Lot Details

  • 2.21 Acre Lot
  • 70 Feet of Waterfront
  • Creek or Stream
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • 3 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Wea Ridge Elementary And Middle School
  • Mc Cutcheon High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 79-11-35-300-006.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,772

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1963
  • Style: Multi-Story (3+)
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt SW Sec 35 Twp 22 R4 1 acre & Pt Sw Sec 35 Twp 22 R4 1.2 acres
  • Parcel Number ID: 79-11-35-300-006.000-030
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Foyer Entry, Garage Door Opener, Jet Tub, Home Warranty Included, Kitchen Island, Landscaped, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Custom Cabinetry
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Section Number: 35
  • Zoning Description: residential
  • County Zoning: R1
  • Special Features: None

Interior Features

  • Total Sq Ft: 3916
  • Total Finished Sq Ft: 3916
  • Above Grade Finished Sq Ft: 3226
  • Below Grade Finished Sq Ft: 690
  • Basement: Yes
  • Basement Foundation: Partial Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 21x17, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 36x14, On Level: Lower
  • Den: Dimensions: 15x16, On Level: Upper
  • Recreation Room: Dimensions: 36x14, On Level: Basement
  • Bedroom 1: Dimensions: 15x16, On Level: Upper
  • Bedroom 2: Dimensions: 11x8, On Level: Main
  • Bedroom 3: Dimensions: 13x18, On Level: Upper
  • Bedroom 4: Dimensions: 14x9, On Level: Main
  • Bedroom 5: Dimensions: 13x11, On Level: Basement
  • Main Level Sq Ft: 1354
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 690

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 20x21, 420
  • Water Frontage: 70

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 31x33
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx7, On Level: 11
  • Water Type: Creek
  • Well Type: Private

Schools

  • Elementary School: Wea Ridge

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront, 0-2.9999, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 96180
  • Estimated Lot Size Acres: 2.208

Tax Info

  • Annual Taxes: 1772
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Wea Ridge
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 1, 2022
Sold by
Saunders Barton G and Saunders Melisa
Bought by
Thomson Lori A and Burgess Joseph L
Seller's Agent
Shannon Smeltz
eXp Realty, LLC
Buyer's Agent
Rebecca Rush
BerkshireHathaway HS IN Realty
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%
Current Estimated Value
$532,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,502
Avg. Annual Appreciation
8.04%
Original Mortgage
$324,000
Outstanding Balance
$308,249
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$224,253

Purchase Details

Closed on
Dec 10, 2004
Sold by
Hockema Robert C
Bought by
Nern Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Us Bank Na
Bought by
Hockema Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Greer John M and Greer Kathryn E
Bought by
U S Bank Na and Eqcc Home Equity Loan Trust 1998-4
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thomson Lori A -- None Listed On Document
Nern Jennifer -- Poelstra Title Company
Hockema Robert C -- --
U S Bank Na $103,961 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Lori A $324,000
Previous Owner Nern Jennifer $165,750
Previous Owner Hockema Robert C $135,000
Closed Nern Jennifer $29,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $405,000 +4.1% $103 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $389,000 -- $99 / 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 $2,845 $374,600 $27,800 $346,800
2023 $2,631 $351,000 $27,800 $323,200
2022 $2,033 $276,900 $25,800 $251,100
2021 $1,771 $246,000 $25,800 $220,200
2020 $1,546 $223,600 $25,800 $197,800
2019 $1,365 $211,400 $25,800 $185,600
2018 $1,267 $201,900 $25,800 $176,100
2017 $1,254 $197,900 $25,800 $172,100
2016 $1,202 $192,800 $25,800 $167,000
2014 $1,000 $169,200 $25,800 $143,400
2013 $1,045 $167,900 $25,800 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202219590

Indiana Regional MLS

APN: 79-11-35-300-006.000-030