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3741 Westmoreland Drive

3741 Westmoreland Drive, West Lafayette, IN 47906
House in Wabash
Sold Apr 08, 2022
$725,000
$580,000 by Old National Bank
Mortgage Due May 01, 2052
Sold Apr 08, 2020
$535,000
$508,250 by Southwest Funding Lp
Mortgage
Local assessors in West Lafayette, IN have categorized 3741 Westmoreland Drive as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 14,201 square feet. The linear feet between the front and back of the lot was measured at 1,380 ft and the front of the lot was measured at 1,030 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. 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 3741 Westmoreland Drive has a total of 5,098 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,273 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 814 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. 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, 3741 Westmoreland Drive sold most recently in Apr 6, 2022 for a total of $725,000. If you work out the math, that's approximately a cost of $109.38 per sqft. Before that, the property was also sold for $535,000 in Apr 3, 2020. 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 $5,565 in taxes each year. 3741 Westmoreland Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $556,500. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $491,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Brick Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,273
  • Garage Type: Attached
  • Garage Square Area: 814
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,201
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 6,628
  • Gross Building Area: 6,628
  • Building Area: 5,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ARBOR CHASE BY THE LAKES
  • Land Acres: 0.326
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARBOR CHASE BY THE LAKES SEC 4 LOT 139

Ownership

  • Current Owner : ZIPAY ZACHARY
  • Current Owner 2: ZIPAY KATELYN
  • Previous Owner : BIAGI
  • Previous Owner 2: RACHAEL
  • Owner Before Previous Owner: VENUGOPAL MANIKHANDAN
  • Owner Before Previous Owner 2: RAMAKRISHNAN GEETHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Tippecanoe School Corporation
  • Census Tract: 010207

Geography

  • District: 0010
  • Section: 5
  • Parcel: 79-07-05-105-014.000-034
  • Lot: 139
  • Municipality: WABASH TOWNSHIP
  • Latitude: 40.4736
  • Longitude: -86.9038

    Address

  • Full Address: 3741 Westmoreland Dr
  • Address - House Number: 3741
  • Address - Street Name: Westmoreland
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: West Lafayette
  • Carrier Code: R023
  • 4-Digit Zip Code: 8760
  • Zip Code: 47906

Valuation

    Tax

  • Total Area: 5,814
  • Tax Year: 2022
  • Tax Amount: $5,565
  • Tax Rate Code Area: 034

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 771,382
  • High Value: 923,906
  • Low Value: 618,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $580,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $556,500
  • Market Land Value: $65,000
  • Market Improvement Value: $491,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $556,500
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $491,500

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11885515317
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6228
  • Previous Sale Recording Date: Apr 08, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Apr 08, 2022
  • First Mortgage Loan Amount: $580,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHWEST FUNDING LP
  • Previous Mortgage Transaction Date: Apr 08, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $508,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About West Lafayette



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Frequently Asked Questions

What neighborhood is 3741 Westmoreland Drive located in?
The 3741 Westmoreland Drive is a house located in the neighborhood of Wabash in West Lafayette, West Lafayette.
What is the average sales price for listings in 3741 Westmoreland Drive?
The average sales price for units in 3741 Westmoreland Drive is $0 currently.

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