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(SOLD) $321,000

1003 Potomac Avenue Lafayette, IN  47905

  • 3 Beds
  • 3 Baths
  • 2,316 sq. Ft

Property Description for 1003 Potomac Avenue Lafayette, IN 47905

Great location!! Beautiful ranch home across street from the Lafayette Country Club. 3bedrm/2.5 baths, Finished basement. This home was built in the 60's but had addition and floor plan redesign in the 90's by Wick Rimert, and well-known local architect. Kitchen features cathedral ceilings,large pantry, center island with breakfast bar, and eat-in kitchen area with large windows looks out to peaceful backyard/patio area. The windows are exceptionally nice, new in 2023 with brand new custom blinds. Vinyl plank flooring in the kitchen,dining, and family room. The Family room features floor to ceiling windows, gas log fireplace, and wet-bar area for entertaining. The garage has HVAC register so stays comfortable, and washer & dryer currently located there, however, the 7x11 laundry room in the finished basement has just been remodeled with new flooring, and updated half bath if you prefer W&D downstairs. Hardwood floors are under the carpet in the main portion of the home. New HVAC installed 2019, and new Roof shingles 2018. Walk-in shower in one of the baths. There is 2nd family room in basement with newly installed carpet. This home is in tip top condition and ready for you to move right in.

Address:1003 Potomac Avenue Lafayette IN 47905
Status:Sold
Sold On: 6/28/2024
Price:$320,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,316
Year Built:1968
Lot Size:0.23
County: Tippecanoe
Township: Fairfield
MLS #:21981672
Property Type:Single Family Residence

Lot Dimensions:9901
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,906
Total Sq. Ft. :2,316
Basement:Yes

Loan Price
$2,011
Price And Interest $1,674/month
Property Tax $203/month
MTG INS $0/month
HOME INS $134/month
Price
$321,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$203/month
Home Owner Insurance
$1,608 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 17x18 Main
Dining Room 17x15 Main
Kitchen 22x11 Main
Family Room 28x14 Main
Primary Bedroom 11x12 Main
Bedroom 2 10x10 Main
Bedroom 3 10x12 Main
Play Room 18x13 Basement
Laundry 7x11 Basement

Semi-Annual Property Tax:$1,216
Tax Year:2023
Mandatory HOA Fee:$

Area: 7907 - Tippecanoe - Fairfield
City:Lafayette
Subdivision: Oaklawn
Zip Code:47905

Total Sq. Ft.:2,316
Interior Features:Built In Book Shelves, Cathedral Ceiling(s), Center Island, Hardwood Floors, Eat-in Kitchen, Pantry, Windows Thermal
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Oven, Double Oven, Water Softener Owned
Equipment:Smoke Alarm
Exterior Type:Vinyl With Brick
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Oven, Double Oven, Water Softener Owned
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jennifer O'Shea with Keller Williams Indy Metro NE from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/27/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Lafayette Market Report

149
Avg. DOM
$162.1
Avg. $ / Sq.Ft.
$ 347,450
Med. List Price

The house prices in Lafayette are indeed dropping at the moment. There has been a decrease in price of $33,393.38. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lafayette are going Down. The average house price is $345,000.00 and the average price per square feet is $161.06 per square feet. At the moment, the amount of homes listed is exactly 973 houses, with 163 with active status, 90 with pending status and 720 sold in Lafayette .

The most popular place to buy a home in Lafayette is 7907 - Tippecanoe - Fairfield. 7907 - Tippecanoe - Fairfield is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lafayette .

The average amount of property taxes you would have to pay for a home in Lafayette is $2,085.43. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lafayette are staying listed for an average of 51 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lafayette was 579 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Lafayette is $899,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lafayette is $98,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lafayette in year 1863 and the newest built house is in year 2024.

The average size of properties in Lafayette is 2259.14 sq.ft. , the biggest one being 5955 sq.ft. and the smaller being 752 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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