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701 Shady Creek Drive

701 Shady Creek Drive, Lafayette, IN 47905
House in Fairfield
Sold Mar 04, 2021
$425,800
$435,000 by Hallmark Home Mortgage Llc
Mortgage Due Apr 01, 2051
Sold May 31, 2005
$283,800
$280,000 by Purdue Employees Fcu
Mortgage Due Jun 01, 2035
Local assessors in Lafayette, IN have categorized 701 Shady Creek Drive as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 1,220 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 are 2 full bathrooms. There are also 3 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 701 Shady Creek Drive has a total of 4,935 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 1,509 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 a municipal 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 717 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 - A. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 701 Shady Creek Drive was last sold in Mar 3, 2021 for $425,800. According to our calculations, that's $71.43 per sqft. Prior to that sales transaction, the property was sold for $283,800 in May 19, 2005. Current property owners are expected to pay $2,585 in taxes per year. The property on 701 Shady Creek Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $377,600. To break that down further, the land itself was valued at $63,000. While improvements to the property were assessed at a total of $314,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,509
  • Garage Type: Attached
  • Garage Square Area: 717
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 5,961
  • Gross Building Area: 5,961
  • Building Area: 4,935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILDCAT VALLEY EST PH 2
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WILDCAT VALLEY EST PH 2 LOT 82

Ownership

  • Current Owner : MITCHELL KEVIN S
  • Current Owner 2: MITCHELL MARY C
  • Previous Owner : TAYLOR HOWARD H
  • Previous Owner 2: TAYLOR MARY M
  • Owner Before Previous Owner: BRAY MICHAEL L
  • Owner Before Previous Owner 2: BRAY JILL P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette School Corporation
  • Census Tract: 010800

Geography

  • District: 0001
  • Parcel: 79-07-24-103-003.000-001
  • Lot: 82
  • Municipality: FAIRFIELD TOWNSHIP
  • Latitude: 40.431
  • Longitude: -86.826

    Address

  • Full Address: 701 Shady Creek Dr
  • Address - House Number: 701
  • Address - Street Name: Shady Creek
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Lafayette
  • Carrier Code: R016
  • 4-Digit Zip Code: 7510
  • Zip Code: 47905

Valuation

    Tax

  • Total Area: 5,244
  • Tax Year: 2022
  • Tax Amount: $2,585
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 79
  • Final Value: 494,274
  • High Value: 574,564
  • Low Value: 413,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $377,600
  • Market Land Value: $63,000
  • Market Improvement Value: $314,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $377,600
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $314,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11824986065
  • Current Sale Price: $425,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202121005062
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Contract Date: May 19, 2005
  • Previous Sale Amount: $283,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PURDUE EMPLOYEES FCU
  • Previous Mortgage Transaction Date: May 31, 2005
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Tippecanoe



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 701 Shady Creek Drive located in?
The 701 Shady Creek Drive is a house located in the neighborhood of Fairfield in Tippecanoe, Lafayette.
What is the average sales price for listings in 701 Shady Creek Drive?
The average sales price for units in 701 Shady Creek Drive is $439,900 , or $89/sqft. currently.

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