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Active
    • Price cut: $15K (6/26)
    $524,900

    481 Cormorant Ct, Lafayette, IN 47909

    4beds
    3,058sqft
    : 
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    Single Family Residence
    Built in 2003
    0.82 Acres Lot
    $514,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generously sized secondary bedroomsSpacious primary suiteUnique custom floor planAbundant natural light throughoutOversized lotMultiple gathering spacesMassive fenced backyard
    Custom-built and truly one of a kind, this stunning ranch home offers over 3,000 square feet of thoughtfully designed living space with 4 bedrooms, 3.5 bathrooms, and character you simply won't find anywhere else. Situated on just under an acre in desirable Raineybrook, this property combines privacy, space, and a highly sought-after neighborhood location. Step inside to discover expansive living areas, a unique custom floor plan, and abundant natural light throughout. The spacious primary suite, generously sized secondary bedrooms, and multiple gathering spaces provide flexibility for everyday living and entertaining alike. Outside, the massive fenced backyard offers endless possibilities for pets, play, gardening, or hosting family and friends. Recent updates include a new roof installed just 2 years ago, providing peace of mind for years to come. With its distinctive architecture, oversized lot, and rare combination of size and location, this home is a true standout in today's market. Opportunities to own a custom-built, one-of-a-kind home in Raineybrook are few and far between. Schedule your private showing today and experience everything this exceptional property has to offer.
    43 days
    |
    990
    |
    61
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Spencer Childers Agt:765-430-4276,

    Keller Williams Lafayette

    Source: IRMLS,MLS#: 202621824MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 4
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 110
      • Dimensions: 11 x 10
      Family room
      • Level: Main
      • Area: 242
      • Dimensions: 11 x 22
      Kitchen
      • Level: Main
      • Area: 221
      • Dimensions: 13 x 17
      Living room
      • Level: Main
      • Area: 323
      • Dimensions: 17 x 19
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Dishwasher, Microwave, Refrigerator, Electric Oven, Electric Range, Gas Water Heater, Water Softener Owned
      • Laundry: Electric Dryer Hookup
      Features
      • Ceiling Fan(s), Split Br Floor Plan
      • Basement: Crawl Space,Block
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 3,058
      • Total interior livable area: 3,058 sqft
      • Finished area above ground: 3,058
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Has spa: Yes
      • Spa features: Jet Tub
      • Fencing: Wood
      Lot
      • Size: 0.82 Acres
      • Features: Cul-De-Sac, Level
      Details
      • Parcel number: 791118407007.000030

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Raineybrook
      Location
      • Region: Lafayette

      Financial & listing details

      • Tax assessed value: $477,900
      • Annual tax amount: $3,298
      • Date on market: 6/5/2026

        Estimated market value

        $514,200

        $488,000 - $540,000

        $2,806/mo

        Price history

        DateEventPrice
        6/26/2026Price change$524,900-2.8%
        Source: IRMLS #202621824 Report a problem
        6/5/2026Listed for sale$539,900
        Source: IRMLS #202621824 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,485 +2%$477,900 +6.1%
        2024$3,415 +16.2%$450,500 +1.9%
        2023$2,940 +13%$442,100 +17.8%
        2022$2,601 +5.6%$375,200 +12%
        2021$2,463 +12.8%$334,900
        2020$2,184 +9.3%--
        2019$1,998 +0.6%$305,800 +4.4%
        2018$1,985 +1.8%$293,000 +1.7%
        2017$1,951 $288,100 +0.6%
        2016$1,951 +0.8%$286,300 +4.4%
        2014$1,935 -0.3%$274,300
        2013$1,941 $274,300 +0.5%
        2012-- $272,900 -10%
        2011-- $303,300 +7.9%
        2010-- $281,100 -0.9%
        2009$4,001 +73.7%$283,600 -7.4%
        2008$2,303 -33.4%$306,100 -2.2%
        2007$3,458 +12.4%$312,900 +8.7%
        2006$3,078 -5.3%$287,900
        2005$3,251 +10.2%$287,900
        2004$2,951 $287,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47909

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wea Ridge
        • Middle: Wea Ridge
        • High: Mc Cutcheon
        • District: Tippecanoe School Corp.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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