$720,000
SOLD NOV 3, 2024

7708 Posey Ln Lafayette, IN 47905

3 Beds
3.5 Baths
3,969 Sq Ft
2.62 Acres

Recently Sold

$181 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wooded Lot
  • Hershey Elementary School Rated A-
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of November 2024

Beautiful custom designed home on 2.6 acres. This home is located on a peaceful & private wooded lot with amazing views from every window. Home features include; hardwood floors, 2 fireplaces, large kitchen island, floor to ceiling windows in great room, open concept for great entertaining, main floor owners suite and screen porch. Walk out lower level w/custom designed built in cabinets flanking fireplace, entertainment center, rec room, bar, exercise room, office, full bath and plenty of unfinished storage! New last 5 years; water heater, Furnace, AC unit, thermostat, Pressure tank (well), Lift station pump, Batteries for backup, Water softener. (Agents please read agent remarks)

Last Agent to Sell the Property

Sharon Walter

Keller Williams Lafayette Brokerage Phone: 765-426-5343 Listed on: 10/11/2024

Keller Williams Lafayette

Last Buyer's Agent

Scott Brown

Keller Williams Lafayette

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 2001

Lot Details

  • 2.62 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Property is Fully Fenced
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Screened Porch
  • Home Security System

Kitchen

  • Kitchen Island
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Patio

Schools

  • Hershey Elementary School
  • East Tippecanoe Middle School
  • William Henry Harrison High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-08-28-200-011.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,761

Year Built

Built in 2001

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 23
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT W NE SEC 28 TWP 23 R3 2.622 A
  • Parcel Number ID: 79-08-28-200-011.000-009
  • Platted: Yes
  • Amenities: Alarm System-Security, Built-in Desk, Built-In Entertainment Ct, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Porch Screened, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Section Number: 28
  • Sp Lp Percent: 100.7
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4477
  • Total Finished Sq Ft: 3969
  • Above Grade Finished Sq Ft: 2535
  • Below Grade Finished Sq Ft: 1434
  • Below Grade Sq Ft: 508
  • Price Per Sq Ft: 284.02
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Wood Burning, Basement, Two
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 22x14, On Level: Main
  • Breakfast Room: Dimensions: 8x14, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 19x23, On Level: Lower
  • Den: Dimensions: 13x19, On Level: Lower
  • Recreation Room: Dimensions: 16x14, On Level: Lower
  • Extra Room: Exercise, Dimensions: 16x11, On Level: Lower
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 16x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Other Room 2: Foyer, Dimensions: 13x7, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1942

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x14
  • Fence: Full, Partial, Chain Link

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 33x22
  • Garage Sq Ft: 726
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx8, On Level: 11
  • Well Type: Unknown

Condo/Co-op/Association

  • Association Fees: 300
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 114214
  • Estimated Lot Size Acres: 2.622

Tax Info

  • Annual Taxes: 2760.58
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 13, 2024
Sold by
Gregory D Lehman Living Trust and Dawn M Lehman Living Trust
Bought by
Powell Jeffrey A
Seller's Agent
Sharon Walter
Keller Williams Lafayette
Buyer's Agent
Scott Brown
Keller Williams Lafayette
List Price
$715,000
Sold Price
$720,000
Premium/Discount to List
$5,000
0.7%
Views
12
Current Estimated Value
$703,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,386
Avg. Annual Appreciation
-3.53%
Original Mortgage
$520,000
Outstanding Balance
$517,445
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$186,169

Purchase Details

Closed on
Feb 15, 2019
Sold by
Lehman Gregory D and Lehman Dawn M
Bought by
Gregory D Lehman Trust and Dawn M Lehman Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Metropolitan Title
Deed $720,000 Metropolitan Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Closed $520,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2024 11/03/24 Sold $720,000 +0.7% $181 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $715,000 -- $180 / 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 $2,761 $425,200 $37,200 $388,000
2023 $2,761 $403,000 $37,200 $365,800
2022 $2,723 $359,000 $37,200 $321,800
2021 $2,576 $342,100 $37,200 $304,900
2020 $2,395 $330,000 $37,200 $292,800
2019 $2,378 $330,000 $37,200 $292,800
2018 $2,299 $331,000 $37,200 $293,800
2017 $2,315 $329,400 $37,200 $292,200
2016 $2,256 $325,400 $37,200 $288,200
2014 $2,178 $317,000 $37,200 $279,800
2013 $2,289 $317,000 $37,200 $279,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202439499

Indiana Regional MLS

APN: 79-08-28-200-011.000-009