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(SOLD) $220,000

2503 Summerfield Drive Lafayette, IN  47909

  • 3 Beds
  • 2 Baths
  • 2,058 sq. Ft

Property Description for 2503 Summerfield Drive Lafayette, IN 47909

Nestled in the heart of town, this spacious bilevel home offers a prime location with endless potential. Featuring 3 bedrooms and 2 bathrooms, this property is perfect for those looking to create their dream home with some updates and personal touches. The large living spaces and practical layout provide a solid foundation for modernization and customization. The lower level has what could be a fourth bedroom or den or office space. Outside, conveniently there is a 2-car carport attached to the house providing easy access and additional covered parking. Additionally, you'll find a 2-car detached garage that presents an excellent opportunity for those with a knack for renovation. Whether you're looking to restore or completely revamp, this garage adds valuable space for vehicles, storage, or a workshop. Located in a desirable neighborhood, you'll enjoy the convenience of nearby amenities, schools, parks, and shopping. Don't miss out on this fantastic opportunity to invest in a property with great bones and make it your own! Contact us today for a viewing and imagine the possibilities! Property is being sold AS IS.

Address:2503 Summerfield Drive Lafayette IN 47909
Status:Sold
Sold On: 6/28/2024
Price:$215,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,058
Year Built:1960
Lot Size:0.17
County: Tippecanoe County
Township: Fairfield
School System : Lafayette
MLS #:202417663
Property Type:Site-Built Home

Lot Dimensions:70 x 85 x 51 30 x 115
Lot Description:Irregular
Directions:Beck Lane to Summerfield Drive, take about 1/4 mile to house on right.
Total Sq. Ft. :2,058
Garage:Detached
Basement:No

Loan Price
$1,380
Price And Interest $1,148/month
Property Tax $140/month
MTG INS $0/month
HOME INS $92/month
Price
$220,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$140/month
Home Owner Insurance
$1,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 16 x 11 Main
2nd Bedroom 10 x 11 Main
3rd Bedroom 11 x 11 Main
Kitchen 10 x 11 Main
Family Room 12 x 24 Lower
Dining Room 9 x 11 Main
Living Room 14 x 16 Main

Semi-Annual Property Tax:$838
Tax Year:2023
Mandatory HOA Fee:$

City:Lafayette
Subdivision: None
Zip Code:47909

School System:Lafayette
High School:Jefferson
Middle School:Sunnyside/Tecumseh
Elementary School:Miami

Total Sq. Ft.:2,058
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Freezer, Range-Electric, Water Heater Gas
Exterior Features:Vinyl
Fuel:Gas, Conventional, Forced Air
Fireplace(s):None
Cool:Central Air
Heat:Gas, Conventional, Forced Air
Total Rooms:8
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 Rebecca Rush with BerkshireHathaway HS IN Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 542 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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