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314 South 31st Street

314 South 31st Street, Lafayette, IN 47904
Sold Jun 15, 2021
$169,600
$167,313 by Ruoff Mortgage Co Inc
Mortgage Due Jul 01, 2051
Sold Sep 07, 2017
$90,600
$89,351 by Ruoff Mortgage Co Inc
Mortgage Due Oct 01, 2047
Local assessors in Lafayette, IN have categorized 314 South 31st Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 314 South 31st Street has a total of 1,824 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 312 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 314 South 31st Street sold most recently in Jun 14, 2021 for a total of $169,600. If you work out the math, that's approximately a cost of $62.35 per sqft. Before that, the property was also sold for $90,600 in Sep 6, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,055 in taxes each year. 314 South 31st Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $119,100. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $101,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 896
  • Garage Type: Detached
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,720
  • Gross Building Area: 2,720
  • Building Area: 1,824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELT RY ADDN
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BELT RY ADDN LOT 17 BL 20

Ownership

  • Current Owner : CUNNINGHAM SHAWN A
  • Previous Owner : CRUPPER JESSE ALAN
  • Previous Owner 2: VANDERVATE LAUREN ELIZABETH
  • Owner Before Previous Owner: GRAMMAN TRUST
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 07, 2023

Neighborhood

  • School District Name: Lafayette School Corporation
  • Census Tract: 000800

Geography

  • District: 0001
  • Parcel: 79-07-27-176-037.000-004
  • Block: 20
  • Lot: 17
  • Municipality: FAIRFIELD TOWNSHIP
  • Latitude: 40.4141
  • Longitude: -86.8621

    Address

  • Full Address: 314 S 31st St
  • Address - House Number: 314
  • Street Direction: S
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lafayette
  • Carrier Code: C011
  • 4-Digit Zip Code: 3110
  • Zip Code: 47904

Valuation

    Tax

  • Total Area: 2,720
  • Tax Year: 2022
  • Tax Amount: $1,055
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 221,523
  • High Value: 274,406
  • Low Value: 168,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,313
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $167,313
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $119,100
  • Market Land Value: $18,000
  • Market Improvement Value: $101,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,100
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $101,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11841127165
  • Current Sale Price: $169,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202121013841
  • Previous Sale Recording Date: Sep 07, 2017
  • Previous Sale Contract Date: Sep 06, 2017
  • Previous Sale Amount: $90,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $167,313
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Sep 07, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $89,351
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Columbian Park



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Nearby Rentals

Unit for rent at 923 - 925 North 8th Street, Lafayette, IN, 47904

$1,029 /mo

  • 1 Bed
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923 - 925 North 8th Street #923 North 8th Street 6, Lafayette, IN, 47904 Listing by Lincoln Landing Apartments

Frequently Asked Questions

What neighborhood is 314 South 31st Street located in?
The 314 South 31st Street is a house located in the neighborhood of Columbian Park in Columbian Park, Lafayette.
What is the average sales price for listings in 314 South 31st Street?
The average sales price for units in 314 South 31st Street is $0 currently.

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