See Home Value
$503,815*
House - Off Market

516 Park Ridge Drive

West Lafayette, IN 47906
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2604 Sqft
$427,000 - $521,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Dec 15, 2022
$486,780
$366,000 by Purdue Federal Credit Union
Mortgage Due Jan 01, 2038
Sold Sep 08, 2021
$504,700
$403,750 by Ruoff Mortgage Co Inc
Mortgage

About This Property

COMPLETELY UPDATED MULTI LEVEL HOME Conveniently located in the Park Ridge neighborhood in the West Lafayette School District, walking distance to shopping, schools, & restaurants.  Offering nearly 2500 finished square feet with 4 Bedrooms and 2 1/2 Baths you'll have plenty of room to spread out.  Major updates include: Kitchens taken down to the studs with new custom cabinets, quartz counters, island, tiled back-splash, stainless farm sink, SS appliances including range hood, and built in microwave; New engineered hardwood throughout most of the main floor; Both bathroom remodeled; New lighting, plumbing, and hardware fixtures throughout; New paint; Updated fireplace; Added gutter guards; & Exterior paint.  Other great features include:  Functional floor plan offering multiple living areas, Hardwood flooring throughout most of upstairs; Most windows have been replaced, Furnace 7 years old, Roof 10 years old, 2 fireplaces, large fenced in backyard and spacious deck.

The manager has listed the unit size as 2604 square feet.
Unit Size
2,604Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$182
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Dec 15, 2022 No longer available -
No longer available
Dec 15, 2022 Sold to Kranthi Kiran Varala, Ying Li $486,780
Sold to Kranthi Kiran Varala, Ying Li
Oct 28, 2022 In contract -
In contract
Oct 24, 2022 Listed $474,900
Listed
Sep 8, 2021 Sold to Naomi Sugunasingha, Zachary... $504,700
Sold to Naomi Sugunasingha, Zachary...

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 440
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,300
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 820
  • Total Building Area: 3,004
  • Gross Building Area: 3,004
  • Building Area: 2,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK RIDGE SD
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PARK RIDGE SD PT 1 LOT 5

Ownership

  • Current Owner : VARALA KRANTHI KIRAN
  • Current Owner 2: LI YING
  • Previous Owner : WARNER ZACHARY M
  • Previous Owner 2: WARNER NAOMI
  • Owner Before Previous Owner: CROMER SAYLA S
  • Owner Before Previous Owner 2: CROMER MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: West Lafayette Community School Corporation
  • Census Tract: 005200

Geography

  • District: 0010
  • Parcel: 79-07-07-403-005.000-026
  • Lot: 5
  • Municipality: WABASH TOWNSHIP
  • Latitude: 40.4511
  • Longitude: -86.9142

    Address

  • Full Address: 516 Park Ridge Dr
  • Address - House Number: 516
  • Address - Street Name: Park Ridge
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: West Lafayette
  • Carrier Code: C050
  • 4-Digit Zip Code: 1947
  • Zip Code: 47906

Valuation

    Tax

  • Total Area: 2,604
  • Tax Year: 2022
  • Tax Amount: $3,087
  • Tax Rate Code Area: 026

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 393,594
  • High Value: 480,715
  • Low Value: 306,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,000
  • First Open Lien Mortgage Lender: PURDUE FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 15, 2022
  • First Open Lien Mortgage Loan Amount: $366,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2038

    Market Valuation

  • Market Total Value: $259,000
  • Market Land Value: $87,800
  • Market Improvement Value: $171,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,000
  • Assessed Land Value: $87,800
  • Assessed Improvements Value: $171,200

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Transaction ID: 11899841366
  • Current Sale Price: $486,780
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21563
  • Previous Sale Recording Date: Sep 08, 2021
  • Previous Sale Contract Date: Sep 07, 2021
  • Previous Sale Amount: $504,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PURDUE FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Dec 15, 2022
  • First Mortgage Loan Amount: $366,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Sep 08, 2021
  • Previous Mortgage Loan Amount: $403,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,023 ft²
$195/ft²
$395,000 Oct 19, 2023
-
$270/mo
House
3 Beds
2.5 Baths
1,384 ft²
$275/ft²
$380,000 Nov 3, 2023
-
-

About Park Ridge


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Frequently Asked Questions

When was property at 516 Park Ridge Drive built and last sold?
The property at 516 Park Ridge Drive was built in 1960 and last sold on Dec 14, 2022 for $486,780.
How much is this home worth?
The estimated value of the home located at 516 Park Ridge Drive is $479,649.
What are some comparable homes to 516 Park Ridge Drive?
There are currently no comparable homes to 516 Park Ridge Drive.

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