NOT LISTED FOR SALE

815 E 500 S Lafayette, IN 47909

Estimated Value: $441,000 - $876,000

4 Beds
3 Baths
2,860 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $500,000 $175 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,755/month

163 Days on Market

Highlights

  • RV Parking in Community
  • Whirlpool Bathtub
  • Balcony
  • Victorian Architecture
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of June 2017

One owner home built in 1999 with 3 car attached heated garage, separate 3840 SF shed all on 5.8230 acres. Home features include 3 ft high crawl space, master suite and laundry on main floor, built-in cabinets, built in speaker system in living room, kitchen and porch. Kitchen has built-in island with sink and disposal, pull out drawers in kitchen cabinets and plenty of storage. Plenty of storage and uinque features throughout home! Cell tower on property and stays with property. Lease is thru 2087 with increase in income at 2% through 2023 increases to 3% thru 2087. Current cell tower income is $ 717.05/month. Property sold As-Is.

Last Agent to Sell the Property

Jayne Lawless

F C Tucker/Lafayette Inc Listed on: 12/23/2016

Last Buyer's Agent

Meg Howlett

F.C. Tucker/Shook

F.C. Tucker/Shook

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1999

Lot Details

  • 5.82 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Home Security System
  • Kitchen Island
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Mayflower Mill Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 79-11-20-200-006.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,587

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1999
  • Age: 18
  • Style: Two Story
  • Architectural Style: Victorian
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Pt NE SEC 20 TWP 22 R4 5.083 APT NE SEC 20 TWP 22 R4 |
  • Parcel Number ID: 79-11-20-200-006.000-030
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Balcony, Built-In Bookcase, Cable Ready, Closet(s) Walk-in, Jet Tub, Kitchen Island, Porch Covered, RV Parking, Tub and Separate Shower, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 89.29
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3300
  • Total Finished Sq Ft: 2860
  • Above Grade Finished Sq Ft: 2860
  • Above Grade Unfinished Sq Ft: 440
  • Price Per Sq Ft: 174.83
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Great Room: Dimensions: 20x13, On Level: Main
  • Kitchen: Dimensions: 11x16, On Level: Main
  • Breakfast Room: Dimensions: 18x11, On Level: Main
  • Dining Room: Dimensions: 11x18, On Level: Main
  • Extra Room: OFFICE, Dimensions: 11x7, On Level: Upper
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 15x12, On Level: Main
  • Bedroom 4: Dimensions: 12x9, On Level: Upper
  • Loft: Dimensions: 20x12, On Level: Upper
  • Main Level Sq Ft: 2255
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 40x48
  • Outbuilding2: Shed, Dimensions: 40x48, 1920

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 38x28
  • Garage Sq Ft: 1064
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx9, On Level: 10
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 5.823
  • Estimated Lot Sq Ft: 253650
  • Estimated Lot Size Acres: 5.823

Tax Info

  • Annual Taxes: 2587.44
  • Total Assessed Value: 347000

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
Dec 23, 2016
Closed on
Jun 30, 2017
Sold by
Myer Trust and Myer Jack L
Bought by
Mcrobert Claude M and Mcrobert Jewel J
Seller's Agent
Jayne Lawless
F C Tucker/Lafayette Inc
Buyer's Agent
Meg Howlett
F.C. Tucker/Shook
List Price
$560,000
Sold Price
$500,000
Premium/Discount to List
-$60,000
-10.71%
Current Estimated Value
$633,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,695
Avg. Annual Appreciation
2.97%
Original Mortgage
$500,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Myer Jack L and Myer Janet L
Bought by
Cochran James L and Cochran Sheila A
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mcrobert Claude M -- --
Cochran James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcroberts Claude M $493,200
Closed Mcroberts Claude M $500,000
Closed Mcrobert Claude M $500,000
Previous Owner Myer Trust $36,800
Previous Owner Myer Jack L $73,500
Previous Owner Myer Jack L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $500,000 -10.7% $175 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
12/23/2016 12/23/16 For Sale $560,000 -- $196 / 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 $3,414 $442,500 $68,200 $374,300
2023 $3,321 $431,500 $68,200 $363,300
2022 $2,942 $380,400 $68,200 $312,200
2021 $2,785 $360,500 $67,700 $292,800
2020 $2,604 $348,900 $67,700 $281,200
2019 $2,497 $350,900 $67,700 $283,200
2018 $2,483 $348,900 $67,600 $281,300
2017 $2,534 $351,000 $67,600 $283,400
2016 $2,805 $347,000 $67,600 $279,400
2014 $2,623 $333,900 $59,400 $274,500
2013 $2,764 $333,600 $59,400 $274,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201655669

Indiana Regional MLS

APN: 79-11-20-200-006.000-030