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Backup Offers

514 N 5th St, Lafayette, IN, 47901

$285,000

Home List Price

$3,384*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
$125/SqFt
Condo

Location

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514 N 5th St, Lafayette$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built2000
HeatingForced Air
CoolingCentral Air
MLS #202442150
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)

About 514 N 5th St

Are you in search of a fantastic opportunity to become the owner of a charming 4-bedroom, 3.5-bathroom condo/townhouse conveniently located near Lafayette's Historic Downtown offering convenient access to all the nearby attractions! This versatile property is currently setup as a single-family dwelling, it boasts a generous living space with 9ft ceilings, a convenient half bathroom, a combined kitchen with granite countertops, dining area, and a relaxing covered deck to extend any gathering outside. Moving upstairs, you will find two identical bedrooms, a primary en suite, and an additional full bathroom. Journey down the staircase from the kitchen to explore a lower level that boasts a spacious family room, a practical laundry room, and a second bedroom with a full bath attached. The property also offers a cozy outdoor sitting area in the backyard, several entry points both at the front and back, and a detached two-car garage. Don't hesitate to book your tour today through Showing Time!

Property Details

Property Features

Property Information:

  • Year Built: 2000

Listing Office:

  • Office Name: Real Broker, LLC
  • Listing Agent: Charles Bell

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Brick

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 514 N 5th St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading Downtown On Main Street, Turn Right Onto North 9th, Left On Brown And Then A Right Onto North 5th

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $390
  • Tax Year: 2018
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Housing Market Comparison

See how this home compares to others in Lafayette, IN.

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Lafayette, IN

City

Med. Sold Price

$271.2K

Med. Price/SqFt

$162

Avg. Days On Market

18

# of Sold Homes

96

514 N 5th St vs Lafayette

21 DAYS ON ROCKET

+3 Days

$285,000

+$13.7K More

$125/SqFt

-$37 Less

KEY TAKEAWAY

This property is $13.7K more than the Median Sold Price and $37/SqFt less than other homes in Lafayette, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202442150

Listing Office:

  • Office Name: Real Broker, LLC
  • Listing Agent: Charles Bell

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $129,600
2019 - $129,600
2018$390$129,600
2017$456$129,600

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-186702
6
/10

  • Murdock Elementary School

  • 2100 Cason St

  • 0.93 miles

  • Public District Grades KG-4

school-card-donut-186703
5
/10

  • Thomas Miller Elementary School

  • 700 S 4th St

  • 0.94 miles

  • Public District Grades KG-4

school-card-donut-186704
4
/10

  • Oakland Elementary School

  • 611 S 21st St

  • 1.32 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,896. Typical income of Lafayette, IN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Lafayette, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Lafayette, IN.

Lafayette's housing market offers a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from historic Victorian homes to contemporary ranch-style houses. The market is balanced with a mix of older homes that exude character and newer constructions that provide modern amenities. While the majority of the housing stock consists of single-family residences, there is also a selection of apartments and townhouses that cater to different lifestyle needs. The homeownership rate in Lafayette is robust, reflecting a community invested in property ownership and stability.

What is it like to live in Lafayette, IN?

Lafayette is celebrated for its vibrant community spirit and rich historical heritage. The city prides itself on its blend of urban amenities and small-town charm, offering residents a comfortable and engaging living environment. Annual events, such as the Taste of Tippecanoe, showcase the city's cultural diversity and foster a sense of community. The area's parks and recreational facilities contribute to the overall family-friendly atmosphere, making it an appealing place for a variety of residents.

Is it easy to get around Lafayette, IN without a car?

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic preferences. Lafayette is home to several healthcare facilities, offering residents access to primary care, emergency services, and specialized medical treatments. The city's public library system provides educational and cultural resources to the community. Retail and dining options are plentiful, with local businesses and restaurants reflecting the diverse tastes and culture of the residents. City initiatives are in place to continually improve and adapt services to meet the evolving needs of the community.

Transportation in Lafayette, IN.

Lafayette's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also conscious of walkability, with certain areas designed to be pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are a part of the city's transportation landscape, complementing the existing mobility options.

Frequently Asked Questions About 514 N 5th St

What is the listing price of this property?

The listing price of 514 N 5th St property is $285,000.

What type of property is this?

The property 514 N 5th St is a condo located in Lafayette, Indiana, 47901.

Is this property for sale now?

Accepting Backup Offers: 514 N 5th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $390 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 N 5th St has 4 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 514 N 5th St is 2000.

Rocket Homes›Indiana›Tippecanoe County›Lafayette›47901›514 N 5th St

This home is located at 514 N 5th St in Lafayette, IN and zip code 47901. This home was built in 2000. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $285,000.

In October 2024 more than 26 listings in Lafayette, IN were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 41 were sold below. The inventory of homes for sale in Lafayette, IN between September 2024 and October 2024 increased by 10.6%. The median list price of listings available in October 2024 was $271,250, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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