NOT LISTED FOR SALE

7643 Us Highway 231 S Lafayette, IN 47909

Estimated Value: $83,000 - $435,000

3 Beds
2.5 Baths
2,074 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $400,000 $193 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,871/month

16 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Ranch Style House
  • McCutcheon High School Rated 9+
  • Heavily Wooded Lot
  • Corner Lot

About This Home

As of July 2022

Sprawling ranch on 7 wooded acres with an additional detached garage and a pole barn. Plenty of outdoor space to play, gather and work on projects. Store your "toys" or work on projects without disrupting the home. Plenty of woods and a creek to explore. A variety wildlife to watch as they pass through. Set back a long lane, this is a peaceful setting for your new home. Beautiful hardwood floor and floor to ceiling stone fireplace as you first enter the home. Large great room with oversized windows. Eat in kitchen and formal dining room. Laundry room has storage space and a half bath right off of it. The back room/rec room has new flooring, expansive windows and walks out to the hot tub. The master bedroom en suite offers an updated bath and newer carpet. The 2 additional large bedrooms share a full bath. In the hallway are floor to ceiling built in closets. This home has plenty of storage. Inside or outside!!

Last Agent to Sell the Property

Julie Boyce

Keller Williams Lafayette Listed on: 04/25/2022

Keller Williams Lafayette

Last Buyer's Agent

Stacy Grove

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1958

Lot Details

  • 7 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,074 Sq Ft Home
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Pocket Doors
  • Formal Dining Room
  • Workshop
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Spa
  • Patio

Schools

  • Mintonye Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Well
  • Septic System

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 79-11-32-300-006.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 64
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW SW SEC 32 TWP 22 R4 6.995 A
  • Parcel Number ID: 79-11-32-300-006.000-030
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Disposal, Eat-In Kitchen, Firepit, Garage Door Opener, Garden Tub, Patio Open, Pocket Doors, Stand Up Shower, Workshop, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry
  • Location: Rural
  • Road Surface: Paved
  • Sp Lp Percent: 97.56
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2074
  • Total Finished Sq Ft: 2074
  • Above Grade Finished Sq Ft: 2074
  • Price Per Sq Ft: 192.86
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Fireplace Screen/Door, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x14, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 21x17, On Level: Main
  • Recreation Room: Dimensions: 17x17, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 14x28, 392
  • Outbuilding2: Outbuilding, Dimensions: 36x40, 1440

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x29
  • Garage Sq Ft: 725
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx11, On Level: 13
  • Well Type: Unknown

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Mintonye
  • Middle School: Southwestern
  • High School: Mc Cutcheon
  • Elementary School: Mintonye

Lot Info

  • Lot Description: Corner, Heavily Wooded, Level, 6-9.999, Wooded
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 304702
  • Estimated Lot Size Acres: 6.995

Tax Info

  • Annual Taxes: 1089.46
  • Exemptions: Homestead

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Southwestern
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 22, 2022
Sold by
Masterson Michael D and Masterson Katrina N
Bought by
Bercot Paul J and Bercot Megan M
Seller's Agent
Julie Boyce
Keller Williams Lafayette
Buyer's Agent
Stacy Grove
@properties
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$328,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,602
Avg. Annual Appreciation
-5.82%
Original Mortgage
$414,400
Outstanding Balance
$393,679
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
-$65,281

Purchase Details

Closed on
May 10, 2013
Sold by
Masterson Michael D and Masterson Katrina N
Bought by
State Of Indiana

Purchase Details

Closed on
Feb 4, 2013
Sold by
Masterson Michael D and Masterson Katrina N
Bought by
Masterson Michael D and Masterson Katrina N
Source: Public Records

Range of Values:

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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
Bercot Paul J -- Spigle John E
State Of Indiana $7,950 --
Masterson Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bercot Paul J $414,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $400,000 -2.4% $193 / Sq Ft
05/23/2022 05/23/22 For Sale $410,000 0.0% $198 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $410,000 -3.5% $198 / Sq Ft
05/04/2022 05/04/22 For Sale $424,900 -- $205 / 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 $1,561 $211,600 $35,400 $176,200
2023 $1,482 $202,100 $35,400 $166,700
2022 $1,132 $158,000 $35,400 $122,600
2021 $1,089 $152,100 $35,400 $116,700
2020 $1,035 $146,900 $35,400 $111,500
2019 $960 $143,800 $35,400 $108,400
2018 $936 $143,000 $35,400 $107,600
2017 $916 $139,400 $35,400 $104,000
2016 $871 $134,900 $35,400 $99,500
2014 $835 $131,400 $35,400 $96,000
2013 $906 $133,400 $36,500 $96,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202214642

Indiana Regional MLS

APN: 79-11-32-300-006.000-030