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(SOLD) $449,850

512 S 7th Street Lafayette, IN  47901

  • 5 Beds
  • 2 Baths
  • 2,734 sq. Ft

Property Description for 512 S 7th Street Lafayette, IN 47901

Discover this stunning Victorian jewel of Ninth Street Hill Neighborhood. Built in 1898 and owned by Lafayette luminaries of yore, the house is on the historic register and is an exceptionally well maintained three-story, five bedroom, 1.5 bath home that sits on a quiet, family-friendly street across from the old Purdue president’s mansion. Gorgeous stained glass and hardwood floors shine throughout the house, with airy, bright bedrooms with large closets. Custom cherry cabinetry in the kitchen offers plenty of storage, with lots more storage in the large butler’s pantry. The dining room and music room have custom built-in shelving units and the parlor and the master bedroom have fireplaces with beautiful oak mantels. The house has completely updated wiring and plumbing, new fencing, new cement siding with custom trim, leaf guard gutters on the second story, newer HVAC, and newer roof. The gardens are lush with well-established shrubs and perennials and mature trees, and the foodies in the family will enjoy the apple trees, raspberries, grapes, strawberries and rhubarb. The charming and unique she-shed/playhouse/bunkie nestled in the back yard has bespoke artisan stained glass, birch paneling, and two removable twin sized bunks. The large, brightly lit workshop in the cellar with custom workbenches and shelving invites the creativity of the family artisan or craftsman. The huge climate-controlled bonus room in the attic can be used as a fifth bedroom, home office, TV room, gym, or playroom, and the rest of the attic has loads more storage. The former maid’s quarters can either be used as a bedroom or den, or can be converted into a luxurious full bathroom. This stately Victorian home sits at the top of downtown Lafayette, just steps from the farmer's market, shops & restaurants. Don't miss the opportunity to own a piece of Lafayette history, where old-world charm meets modern-day living. Open House Monday 6/3, 4-6pm.

Address:512 S 7th Street Lafayette IN 47901
Status:Sold
Sold On: 7/2/2024
Price:$429,900
Bedrooms:5 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,734
Year Built:1898
Lot Size:0.25
County: Tippecanoe County
Township: Fairfield
School System : Lafayette
MLS #:202419938
Property Type:Site-Built Home

Lot Dimensions:85x130
Lot Description:Level
Directions:GPS Friendly
Total Sq. Ft. :2,734
Garage:Attached
Basement:Yes

Loan Price
$2,821
Price And Interest $2,347/month
Property Tax $287/month
MTG INS $0/month
HOME INS $187/month
Price
$449,850
Down Payment %
0 %
Down Payment
$0
Property Taxes
$287/month
Home Owner Insurance
$2,244 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 18 x 12 Upper
2nd Bedroom 16 x 14 Upper
3rd Bedroom 14 x 13 Upper
4th Bedroom 14 x 10 Upper
5th Bedroom 15 x 18 Upper
Kitchen 14 x 14 Main
Family Room 19 x 11 Main
Dining Room 13 x 13 Main
Living Room 18 x 13 Main

Semi-Annual Property Tax:$1,722
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47901

School System:Lafayette
High School:Jefferson
Middle School:Sunnyside/Tecumseh
Elementary School:Thomas Miller

Total Sq. Ft.:2,734
Appliances:Dishwasher, Refrigerator, Washer, Freezer, Range-Gas, Water Heater Gas
Exterior Features:Fiber Cement
Fuel:Gas, Forced Air
Fireplace(s):Living/Great Rm, 1st Bdrm, Two
Cool:Central Air, Wall AC
Heat:Gas, Forced Air
Total Rooms:11
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 Gibson with Raeco 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 566 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.