NOT LISTED FOR SALE

7855 Kipp Farm Rd Lafayette, IN 47905

Estimated Value: $491,911 - $530,000

3 Beds
2.5 Baths
4,098 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $360,000 $88 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,978/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Contemporary Architecture
  • Partially Wooded Lot
  • Hershey Elementary School Rated A-
  • Vaulted Ceiling
  • Stone Countertops

About This Home

As of April 2020

Serene setting perfect for the nature lover. Zinn kitchen with solid surface counter tops. New gutters with caps in 2015. Newer carpet, laundry room, gutters with caps, sliding door. Outside provides a 3 tier deck and above ground pool for outside entertaining. One bedroom on main floor with floor to ceiling stone fireplace and sunroom. Cathedral ceilings with loads of windows to let the nature into the home. Master bedroom, additional bedroom and loft upstairs. Laundry room on main floor with laundry shoot from upstairs. Basement finished out with rec room! $355 per year HOA fees cover trash pick up of $155 per year.

Last Listed By

Julie Boyce

Keller Williams Lafayette Listed on: 03/19/2020

Keller Williams Lafayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1989

Lot Details

  • 5.01 Acre Lot
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Laundry Chute

Kitchen

  • Breakfast Bar
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Pool

  • Above Ground Pool

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-04-14-200-010.000-027

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1989

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1989
  • Age: 31
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE SEC 14 TWP 24 R3 5.01 A
  • Parcel Number ID: 79-04-14-200-010.000-027
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Foyer Entry, Laundry-Chute, Skylight(s), Sump Pump
  • Sp Lp Percent: 98.63
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4252
  • Total Finished Sq Ft: 4098
  • Above Grade Finished Sq Ft: 2907
  • Below Grade Finished Sq Ft: 1191
  • Below Grade Sq Ft: 154
  • Price Per Sq Ft: 123.84
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 27x19, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Breakfast Room: Dimensions: 18x9, On Level: Main
  • Recreation Room: Dimensions: 31x30, On Level: Lower
  • Extra Room: Foyer, Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 22x14, On Level: Upper
  • Bedroom 3: Dimensions: 22x14, On Level: Upper
  • Other Room1: Office, Dimensions: 22x14, On Level: Lower
  • Loft: Dimensions: 24x12, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1345

Exterior Features

  • Exterior: Cedar, Wood
  • Outbuilding1: Shed, Dimensions: 10x8
  • Pool: Above Ground
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x20
  • Garage Sq Ft: 420
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Well Type: Unknown

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 355
  • 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, Partially Wooded, 3-5.9999
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 218236
  • Estimated Lot Size Acres: 5.01

Tax Info

  • Annual Taxes: 1953.18

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
Mar 19, 2020
Closed on
Apr 29, 2020
Sold by
Hampsch Trust
Bought by
Layton Mary and Layton Michael
Seller's Agent
Julie Boyce
Keller Williams Lafayette
Buyer's Agent
Deena Cooper
Carpenter, REALTORS®
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Total Days on Market
1
Current Estimated Value
$515,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,728
Avg. Annual Appreciation
7.41%
Original Mortgage
$288,000
Outstanding Balance
$258,866
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$256,862

Purchase Details

Closed on
Aug 3, 2013
Sold by
Hampsch James M and Hampsch Jenny L
Bought by
Hampsch Trust

Purchase Details

Closed on
Jan 14, 2002
Sold by
Hampsch James M
Bought by
Hampsch James M and Hampsch Jenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.92%
Mortgage Type
Balloon

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
Layton Mary -- None Available
Hampsch Trust -- --
Hampsch James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton Mary $288,000
Previous Owner Hampsch Trust $304,000
Previous Owner Hampsch James M $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $360,000 -1.4% $88 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $365,000 -- $89 / 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 $2,535 $348,200 $78,000 $270,200
2023 $2,535 $332,200 $78,000 $254,200
2022 $2,309 $295,100 $78,000 $217,100
2021 $2,009 $265,100 $48,000 $217,100
2020 $1,921 $254,900 $48,000 $206,900
2019 $1,953 $260,500 $48,000 $212,500
2018 $1,839 $253,500 $48,000 $205,500
2017 $1,817 $248,300 $48,000 $200,300
2016 $1,749 $243,200 $48,000 $195,200
2014 $1,663 $238,300 $48,000 $190,300
2013 $1,730 $236,200 $48,000 $188,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202010322

Indiana Regional MLS

APN: 79-04-14-200-010.000-027