Closed

$410,000

550 Elston Rd, Lafayette, IN 47909

3beds

2,659sqft

Single Family Residence

Built in 1950

2.67 Acres Lot

$460,200 Zestimate^®

$--/sqft

$1,899 Estimated rent

Home value

$460,200

$437,000 - $488,000

$1,899/mo

Zestimate^® history

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$2,514/mo

Est. payment

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$2,514/mo

Est. payment

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What's special

This lovely 1950 Mansard style home sits on a breathtaking 2.667 acres spacious lawn & mature trees. This gem is loaded with original character with modern updates including mechanicals, electrical, as well as beautiful touches throughout. You'll see original hardwood and parquet floors, slate entry way, knotty pine built ins, mid century cabinetry and lighting. Granite counters, stainless steel appliances in the kitchen and brick pavered covered patio just to name a few special amenities. The detached building is truly something else! You'll find part of the building currently being utlitized as a music studio (heated, cooled & pre-plumbed for a bath) It has loads of character and has been lovingly maintained. The studio leads to a 3 car garage with plenty of storage area and work space. The 3rd bay can accommodate an RV comfortably and has electrical set up for an RV. You'll see SO much to enjoy in your tour of this rare find in Lafayette!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Bedroom 1

Level: Main

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 196
Dimensions: 14 x 14

Kitchen

Level: Main
Area: 180
Dimensions: 15 x 12

Living room

Level: Main
Area: 374
Dimensions: 22 x 17

Office

Level: Main
Area: 225
Dimensions: 15 x 15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Range, Gas Water Heater, Water Softener Owned
Laundry: Main Level

Features

Bookcases, Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Natural Woodwork, Stand Up Shower, Formal Dining Room
Flooring: Hardwood, Carpet, Laminate, Parquet, Slate
Windows: Window Treatments
Basement: Partial,Block
Number of fireplaces: 1
Fireplace features: Living Room, Wood Burning

Interior area

Total structure area: 3,379
Total interior livable area: 2,659 sqft
Finished area above ground: 2,659
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Detached, Garage Door Opener, RV Access/Parking, Heated Garage, Gravel
Garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Patio, Porch Covered
Exterior features: Workshop

Lot

Size: 2.67 Acres
Features: Level, Rolling Slope, 0-2.9999, City/Town/Suburb, Landscaped

Details

Parcel number: 790731326010.000005

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Stucco, Wood Siding
Foundation: Stone

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Smoke Detector(s), Closed Circuit Camera(s)
Subdivision: None

Location

Region: Lafayette

Financial & listing details

Tax assessed value: $342,100
Annual tax amount: $3,070
Date on market: 7/19/2024

Price history

Date	Event	Price
7/18/2024	Sold	$410,000-8.9%
Source: IRMLS #202422162 Report a problem
7/2/2024	Listed for sale	$450,000
Source: IRMLS #202422162 Report a problem
6/22/2024	Pending sale	$450,000
Source: IRMLS #202422162 Report a problem
6/17/2024	Listed for sale	$450,000
Source: IRMLS #202422162 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,121 +1.7%	$342,100 +11.7%
2024	$3,070 +12.5%	$306,300 +2.6%
2023	$2,730 +8.9%	$298,500 +13.1%
2022	$2,506 +3.6%	$263,900 +9.4%
2021	$2,420 +13.4%	$241,300
2020	$2,134 +0.8%	--
2019	$2,118 +2.9%	$208,200 +0.7%
2018	$2,058 +2.2%	$206,800 +3%
2017	$2,014	$200,800 +2.1%
2016	$2,014 +5.8%	$196,600 +9.7%
2014	$1,904 +9.3%	$179,200 +5.8%
2013	$1,742	$169,400 +9.3%
2012	--	$155,000 -8.9%
2011	--	$170,100 -9.9%
2010	--	$188,800 -0.7%
2009	$3,726 +150.3%	$190,200 +6.6%
2008	$1,488 -67.8%	$178,500 -15.1%
2007	$4,620	$210,200