5 months on rocket

8406 Timber Ln, Lafayette, IN, 47905

$474,500

Home List Price

$5,635*

Closing Credit

5 Bedrooms
3 Full Baths
$108/SqFt
House

Location

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8406 Timber Ln, Lafayette$474,500

Buyer Closing Credits

$5,635*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1980
HeatingElectric, Forced Air, Heat Pump
CoolingCentral Air
FireplaceFamily Rm, Rec Rm
MLS #202419844
Lot Size0.64 Acres
StatusActive

About 8406 Timber Ln

Welcome to your dream home, a spacious and luxurious home nestled in a beautiful wooded area. This expansive residence boasts a host of high-end features and modern amenities, perfect for comfortable family living and elegant entertaining. 5 bedrooms, providing ample space for family and guests. 3 updated bathrooms, a state-of-the-art steam shower for a spa-like experience and a full shower on the main floor. Enjoy multiple living areas including a cozy living room, a comfortable family room, and a recreational room ideal for games and activities. A bright breakfast nook for casual dining, complemented by a formal dining room for special occasions. A full wet bar for entertaining, and two fireplaces adding warmth and ambiance to the living room and recreation room. A triple-level deck and screened in porches are perfect for outdoor gatherings and barbecues. Beautiful gazebo nestled in the wooded surroundings, providing peaceful retreats. A walk-out basement that offers additional living space and easy access to the outdoors. A spacious 3-car garage, providing plenty of room for vehicles and storage.100% electric home, offering energy efficiency and modern convenience. Security cameras for enhanced safety and peace of mind. New paint throughout the home, giving it a fresh and modern look. New recessed LED light fixtures with a night light feature, ensuring well-lit and adaptable lighting options. SELLER OFFERING $10,000 FOR ANY UPDATES OR CLOSING COSTS! View more photos and floor plan at: https://realestatemarketingpro.hd.pics/8406-Timber-Ln

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1980

Listing Office:

  • Office Name: Indiana Integrity REALTORS
  • Office Email: kbrewer192@aol.com
  • Listing Agent: Eric Campos

Interior Features

Interior Information:

  • Fireplace: Family Rm, Rec Rm

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Brick, Vinyl

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 8406 Timber Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Irregular Lot, Wooded, Rolling/Hilly, Sloped
  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • William Henry Harrison High School, Public District Grades 9-12
  • East Tipp Middle School, Public District Grades 6-8
  • Hershey Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Old state road 25 N. Right onto Summit Lane, left on rolling hill, left onto Timber Lane. House on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,500
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $4,935
  • Tax Year: 2020
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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

8406 Timber Ln vs Lafayette

156 DAYS ON ROCKET

+138 Days

$474,500

+$203.2K More

$108/SqFt

-$54 Less

KEY TAKEAWAY

This property is $203.2K more than the Median Sold Price and $54/SqFt less than other homes in Lafayette, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202419844

Listing Office:

  • Office Name: Indiana Integrity REALTORS
  • Office Email: kbrewer192@aol.com
  • Listing Agent: Eric Campos

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: 11/5/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2021Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,935$321,600
2019$4,721$308,300
2018$4,437$298,300
2017$4,336$291,400

History based on county public records data.

Payment Calculator

$2,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,489

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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.

Elementary School

school-card-donut-2028133
7
/10

  • Hershey Elementary School

  • 7521 E 300 N

  • 4.72 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2028134
8
/10

  • East Tipp Middle School

  • 7501 E 300 N

  • 4.70 miles

  • Public District Grades 6-8

High School

school-card-donut-2028135
6
/10

  • William Henry Harrison High School

  • 5701 N 50 W

  • 9.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,203. The most common annual income of people living in Lafayette, IN is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Lafayette, IN convenient?

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.

How do Lafayette, IN residents get around?

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 8406 Timber Ln

What is the listing price of this property?

The listing price of 8406 Timber Ln property is $474,500.

What type of property is this?

The property 8406 Timber Ln is a house located in Lafayette, Indiana, 47905.

Is this property for sale now?

Active Listing: 8406 Timber Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8406 Timber Ln are:
Hershey Elementary School: GreatSchools Rating 7/10
East Tipp Middle School: GreatSchools Rating 8/10
William Henry Harrison High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,935 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 1, 2021 for $355,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8406 Timber Ln has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 8406 Timber Ln is 1980.

Rocket Homes›Indiana›Tippecanoe County›Lafayette›47905›8406 Timber Ln

This home is located at 8406 Timber Ln in Lafayette, IN and zip code 47905. This home was built in 1980. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $474,500.

Lafayette, IN housing market in October 2024 saw over 26 listings sold above listed price, more than 25 sold at listed price and over 41 sold below. The number of listings in Lafayette, IN increased by 10.6% between September 2024 and October 2024. In October 2024 median list price was $271,250 and the average listing age was 18 days.

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

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