NOT LISTED FOR SALE

9961 Us Highway 231 S Lafayette, IN 47909

Estimated Value: $389,000 - $471,707

2 Acres
$218,838 Price per Acre
87,120 Sq Ft Lot

Last Sold February 09, 2018

Last sale price $64,000

Est. 584% increase in value since last sale

Current estimated payment $2,567/month

104 Days on Market

About This Lot

As of February 2018

2 acre wooded building site. Tippecanoe county, just north of Wea Creek, near Romney. Less than 10 minutes back to Veteran's Memorial (350S) Parkway. Wooded, rolling terrain with a perfect flat spot for a building pad.

Last Agent to Sell the Property

Derrick Webb

Merit Realty - Lafayette Listed on: 10/03/2017

Last Buyer's Agent

Lindsey Foster

The Real Estate Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $373

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 338x258
  • Property fronts a state road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)

Schools

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

Utilities

  • Gas Available
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 79-15-17-100-009.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$373

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT NW NW SEC 17 TWP 21 R4 2.00 A |
  • Parcel Number ID: 79-15-17-100-009.000-011
  • Platted: Yes
  • Cross Street: CR 1050 S
  • Location: Rural
  • Road Access: Easement
  • Road Surface: Gravel
  • Sp Lp Percent: 94.12
  • Parcel Description: Heavily Wooded, Level, Slope, Rolling, 0-2.9999
  • Restrictions: Easements
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Side Of Road: East
  • Type Use: Residential
  • Year Taxes Payable: 2017
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 338x258
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2
  • Easements: Yes

Tax Info

  • Annual Taxes: 373
  • Exemptions: Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Majestic Custom Homes Of Lafayette Inc
Bought by
Whitus Robert and Whitus Sheila
Current Estimated Value
$437,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,670
Outstanding Balance
$256,491
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$157,303

Purchase Details

Closed on
Apr 7, 2021
Sold by
Whitus Robert L and Whitus Sheila
Bought by
Majestic Custom Homes Of Lafayette Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Poquette Timothy
Bought by
Whitus Robert L and Whitus Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 9, 2018
Sold by
King R Andrew R and King Paula A
Bought by
Poquette Timothy
Seller's Agent
Derrick Webb
Merit Realty - Lafayette
Buyer's Agent
Lindsey Foster
The Real Estate Agency
List Price
$68,000
Sold Price
$64,000
Premium/Discount to List
-$4,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%
Original Mortgage
$57,600
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whitus Robert $349,590 Metropolitan Title
Majestic Custom Homes Of Lafayette Inc -- None Available
Whitus Robert L -- Metropolitan Title
Poquette Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitus Robert $40,000
Open Whitus Robert $279,670
Closed Whitus Robert $279,670
Previous Owner Majestic Custom Homes Of Lafayette Inc $44,000,000
Previous Owner Whitus Robert L $58,500
Previous Owner Majestic Custom Homes Of Lafayette Inc $44,000,000
Previous Owner Poquette Timothy $57,600
Previous Owner King R Andrew $49,500
Previous Owner King R Andrew $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $64,000 -5.9% --
01/15/2018 01/15/18 Pending -- -- --
10/03/2017 10/03/17 For Sale $68,000 -- --
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 $2,815 $368,900 $25,300 $343,600
2023 $2,588 $341,500 $25,300 $316,200
2022 $2,416 $297,600 $25,300 $272,300
2021 $140 $26,500 $25,300 $1,200
2020 $411 $26,500 $25,300 $1,200
2019 $406 $26,500 $25,300 $1,200
2018 $397 $26,500 $25,300 $1,200
2017 $397 $26,700 $25,300 $1,400
2016 $373 $25,300 $25,300 $0
2014 $324 $25,300 $25,300 $0
2013 $342 $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201745513

Indiana Regional MLS

APN: 79-15-17-100-009.000-011